Shaanxi Coal Industry Co Ltd

Shaanxi Coal Industry disclosed its semi-annual report on August 27. In the first half of 2026, it achieved total operating revenue of 78.895 billion yuan, up 1.17% year on year. Net profit attributable to shareholders of the listed company was 11.272 billion yuan, up 47.57% year on year. Basic earnings per share were 1.16 yuan. The company plans to distribute a cash dividend of 0.58 yuan per 10 shares, tax included. During the reporting period, the selling price and sales volume of self-produced coal increased year on year, while trading coal sales volume decreased. The coal selling price was 483.96 yuan per tonne, up 44.29 yuan per tonne, an increase of 10.07%. The full cost per unit of raw coal was 282.84 yuan per tonne, up 2.84 yuan per tonne, an increase of 1.01%. The electricity selling price was 379.63 yuan per megawatt-hour, down 28.01 yuan per megawatt-hour, a decrease of 6.87%. The full cost of power generation was 330.24 yuan per megawatt-hour, down 12.35 yuan per megawatt-hour, a decrease of 3.60%.

Shaanxi Coal Industry released its 2026 semi-annual report, achieving operating revenue of 78.895 billion yuan, up 1.17% year on year; net profit attributable to shareholders of the listed company was 11.272 billion yuan, up 47.57% year on year. The profit growth was mainly due to year-on-year increases in the selling price and sales volume of self-produced coal. The company plans to distribute a cash dividend of 0.58 yuan per 10 shares, tax included. Second-quarter net profit was 7.062 billion yuan, up 67% quarter on quarter, within the previously guided range of 7.019 billion to 7.477 billion yuan.

China's A-share market saw mixed performance on July 6, with the Shanghai Composite Index edging down 0.06 percent to 4,041.24 points and the ChiNext Index falling 1.77 percent. Combined turnover on the two exchanges reached approximately 3.11 trillion yuan. The coal sector rallied in the afternoon, with Haohua Energy hitting its daily limit at the close, Xinji Energy surging nearly 9 percent, and Shaanxi Coal Industry climbing over 7 percent. The pharmaceutical sector was strong, with innovative drug concepts standing out. Shouyao Holdings briefly surged by the 20 percent daily limit, and Gan & Lee Pharmaceuticals hit its daily limit. The PCB concept slumped sharply, with Sinoma Science & Technology, China Jushi, and Haohua Science & Technology all hitting their daily limit down. Reports indicate that Nvidia's next-generation Kyber NVL144 rack architecture may face delivery delays of more than 12 months due to manufacturing process challenges with PCB mid-boards, pushing mass production back to 2028.