XINJI ENERGY(SH:601918) Zheng Quan Zhi Xing·2025-08-22 09:22Core Viewpoint - The company reported a decline in key financial metrics for the reporting period, indicating challenges in revenue generation and profitability despite an increase in total assets and net assets [1][2]. Financial Performance - Total assets increased to approximately 48.14 billion RMB, up 7.78% from the previous year [1]. - Net assets attributable to shareholders rose to approximately 16.43 billion RMB, reflecting a 5.61% increase [1]. - Operating revenue decreased by 2.91% to approximately 5.81 billion RMB compared to the previous year [1]. - Total profit fell by 20.39% to approximately 1.40 billion RMB [1]. - Net profit attributable to shareholders decreased by 21.72% to approximately 920.42 million RMB [1]. - The net cash flow from operating activities was approximately 1.63 billion RMB, down 7.32% [1]. - The weighted average return on equity decreased by 2.66 percentage points to 5.76% [1]. Shareholder Information - The total number of shareholders as of the reporting period was 90,644 [1]. - The largest shareholder, China Coal Energy Group Co., Ltd., holds 31.15% of the shares [2]. - Other significant shareholders include Guohua Energy Co., Ltd. with 7.59% and Anhui Xinjic Coal Power (Group) Co., Ltd. with 7.18% [2]. Business Strategy and Development - The company is focusing on enhancing efficiency and transitioning to new energy sources while maintaining its traditional coal and power sectors [2][3]. - The company is actively developing coal and power projects, with ongoing construction in various power plants and a new wind power project in Bozhou City [3]. - The total investment for the wind power project is approximately 667.83 million RMB, which has already received approval and is under construction [3].