Shaanxi Black Cat: Shaanxi Black Cat: First Quarter Report for 2026

SZSIApr 28 00:00 · Announcements

Shaanxi Black Cat: Announcement on Key Operating Data for the First Quarter of 2026

SZSIApr 28 00:00 · Announcements

Shaanxi Black Cat: First Quarter Report for 2026

SZSIApr 28 00:00 · Announcements

Shaanxi Heimao's revenue in 2025 was 10.132 billion yuan, a year-on-year decrease of 30.51%. The company reported a net loss of 1.177 billion yuan, with its cash flow continuing to deteriorate.

In 2025, the company's revenue reached 10.132 billion yuan, a year-on-year decrease of 30.51%. The net profit attributable to shareholders was -1.177 billion yuan, with losses widening. Revenue from coke accounted for 71.94% of total income, reflecting a single-focused business under continuous pressure. The gross profit margin has been negative for two consecutive years (-4.66%), and the net operating cash flow amounted to -535 million yuan, deteriorating by 356.28% year-on-year. Despite raising funds through asset sales and equity financing, the LNG and mining projects have yet to generate substantial returns, indicating that transformation efforts have not yet yielded visible results.

lanjinger.comApr 26 00:14

Shaanxi Black Cat: 2025 Annual Report

SZSIApr 25 00:00 · Announcements

Shaanxi Black Cat: Summary of the 2025 Annual Report

SZSIApr 25 00:00 · Announcements