Meijin Energy released its 2026 interim report. Total operating revenue was 8.609 billion yuan, and net profit attributable to the parent company was negative 599 million yuan, ranking seventh among peer companies that have disclosed results. Net cash inflow from operating activities was 679 million yuan, a decrease of 165 million yuan from the same period last year, down 19.52 percent year on year. The company's asset-liability ratio was 65.81 percent, up 1.40 percentage points from the previous quarter and up 0.27 percentage points from the same period last year. Gross margin was 1.68 percent, down 0.18 percentage points from the previous quarter and down 0.22 percentage points from the same period last year. Diluted earnings per share were negative 0.14 yuan. The number of shareholders was 220,800, and the top ten shareholders held 43.66 percent of total share capital.
Shanxi Meijin Energy Co LtdNet loss of 599 million yuan and declining margins indicate poor financial performance.
