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Huaibei Mining (600985) investor relations material
Huaibei Mining Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for 2025 was ¥41.12 billion, down 37.44% year-over-year; net profit attributable to shareholders was ¥1.51 billion, down 68.98% year-over-year.
Coal output and sales volume declined 15.42% and 13.38% respectively; coke and methanol output increased, but average selling prices fell.
The company maintained stable operations amid industry downturn, focusing on cost control, safety, and technological innovation.
Proposed cash dividend of ¥2.50 per 10 shares, totaling ¥673 million, representing 44.71% of attributable net profit.
Financial highlights
Operating income: ¥41.12 billion, down 37.44% year-over-year.
Net profit attributable to shareholders: ¥1.51 billion, down 68.98% year-over-year.
Basic EPS: ¥0.56, down 69.57% year-over-year.
Operating cash flow: ¥5.43 billion, down 40.11% year-over-year.
Gross margin for coal: 41.26% (down 8.51pp); for coal chemicals: 20.43% (up 1.09pp).
Outlook and guidance
2026 targets: coal output 17.26 million tons, coke 3.9 million tons, ethanol 570,000 tons.
Revenue target: ¥48.07 billion; net profit target: ¥1.65 billion.
Focus on safety, cost reduction, production efficiency, and green transformation.
- Revenue and profit plunged, but ethanol sales revenue soared over 200% year-over-year.600985
Q2 202516 Dec 2025 - H1 2024 saw sharp declines in profit and sales as coal and chemical prices and volumes fell.600985
Q2 202416 Dec 2025 - Revenue and profit fell sharply, but cash flow and dividends remain robust.600985
Q4 202415 Dec 2025 - Revenue and profit plunged as coal output and prices fell, pressuring financial results.600985
Q3 202511 Dec 2025 - Revenue up, but net profit and EPS down sharply; cash flow and equity improved.600985
Q3 202411 Dec 2025 - Revenue and profit dropped over 39% and 56% year-over-year amid coal market downturn.600985
Q1 202511 Dec 2025
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Next Huaibei Mining earnings date
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