Qianyuan Power: Expected net profit attributable to shareholders from January to March 2026 to be between 82 million yuan and 97 million yuan

Securities Star News, Qianyuan Power released its earnings forecast, expecting net profit attributable to shareholders for January-March 2026 to be between 82 million yuan and 97 million yuan.

The announcement explains that the reason for this performance change is:

Since the first quarter of 2026, the water inflow has been 52.30% higher than the same period last year. In the first quarter of 2026, the company’s electricity generation was 1.72B kWh, compared to 1.46B kWh in the same period last year, an increase of 17.53%, leading to higher electricity revenue and profit. In the first quarter of 2026, Puding Power Plant generated 593,051,000 kWh, Zizhu Crossing Power Plant generated 1,703,373,000 kWh, Yutang Power Station generated 232,898,000 kWh, Qingshi Power Station generated 30,862,000 kWh, Niudu Power Station generated 43,452,000 kWh, Guangzhao Power Plant generated 4,926,268,000 kWh, Dongjing Power Plant generated 4,883,178,000 kWh, Mamyaya Power Plant generated 2,506,935,000 kWh, Shanni Po Power Plant generated 1,162,057,000 kWh; Gangping Photovoltaic Power Station generated 33.92M kWh, Yongxin Photovoltaic Power Station generated 36.45M kWh, Zhenliang Photovoltaic Power Station generated 15.81M kWh, Zhenning Bacao Photovoltaic Power Station generated 25.38M kWh.

Qianyuan Power’s 2025 annual report shows that the company’s main business revenue was 1.72B yuan, an increase of 69.98% year-on-year; net profit attributable to shareholders was 600 million yuan, up 175.02% year-on-year; net profit after deducting non-recurring gains and losses was 598 million yuan, up 153.16% year-on-year; in the fourth quarter of 2025, the company’s main business revenue was 1.46B yuan, up 138.98% year-on-year; net profit attributable to shareholders in a single quarter was 107 million yuan, up 327.68% year-on-year; net profit after deducting non-recurring gains and losses was 107 million yuan, up 437.52% year-on-year; debt ratio was 48.85%, investment income was -2.7545 million yuan, financial expenses were 215 million yuan, and gross profit margin was 56.21%.

The above content is compiled by Securities Star based on publicly available information, generated by AI algorithm (Wangxin Algorithm Backup 310104345710301240019), and does not constitute investment advice.