Guangxi Guiguan Electric PowerCo (600236) Q2 2026 earnings summary

Executive summary

• Achieved net profit attributable to shareholders of RMB 1.76 billion, up 48.09% year-over-year, driven by a 47.67% increase in total power generation, especially hydropower output.

• Operating revenue reached RMB 5.72 billion, up 37.59% year-over-year, with significant growth in hydropower and renewable energy segments.

• Maintained a stable dividend policy: interim cash dividend of RMB 1.2 per 10 shares, totaling RMB 945.89 million.

• Continued focus on clean energy, with over 90% of installed capacity from hydropower, wind, and solar.

Financial highlights

• Operating revenue: RMB 5.72 billion, up 37.59% year-over-year.

• Net profit attributable to shareholders: RMB 1.76 billion, up 48.09% year-over-year.

• Operating cash flow: RMB 3.80 billion, up 30.81% year-over-year.

• Basic and diluted EPS: RMB 0.2198, up 49.83% year-over-year.

• Gross margin improved due to higher hydropower output and lower thermal power utilization.

Outlook and guidance

• Company targets further expansion in clean energy, focusing on hydropower, wind, and solar projects.

• Strategic emphasis on “green electricity” and multi-energy integration to enhance competitiveness.

• Ongoing investments in technology innovation and digital transformation to support operational efficiency.