China Suntien Green Energy reported a net profit attributable to shareholders of RMB 1.28 billion for the six months ended 30 June 2026, down 9.28% year on year, as operating revenue dropped 15.47% to RMB 9.22 billion. Basic EPS stood at RMB 0.28.
Wind & Solar vs. Gas • Wind/solar net profit fell 19.20% to RMB 1.04 billion on weaker wind resources, a 1.17% drop in generation to 7.97 billion kWh and average utilisation hours down 134 to 1,101. • Natural-gas net profit edged up 3.12% to RMB 0.33 billion despite a 19.96% fall in transmission/sales volume to 2.25 billion m³, aided by improved per-unit margins. • Consolidated wind power capacity in operation reached 7.10 GW (+320 MW YTD); wind/solar projects under construction totalled 1.11 GW.
Cost & Cash Metrics • Operating costs slipped 16.78% to RMB 6.95 billion, tracking lower gas procurement. • Finance costs declined 8.60% to RMB 0.49 billion as average loan rates eased. • Net operating cash inflow was stable at RMB 3.05 billion; net cash outflow for investing rose 12.54% to RMB 3.52 billion on higher project spending. • Capital expenditure increased 39.18% to RMB 4.20 billion, with 87.9% channelled to wind/solar projects.
Balance-Sheet Highlights • Total assets: RMB 95.16 billion (+2%). • Debt-to-asset ratio: 66.37% (flat YoY). • Interest-bearing debt: RMB 38.90 billion, down RMB 8.43 billion from end-2025. • Available banking facilities: RMB 86.39 billion; unutilised medium-term note quota: RMB 1.50 billion.
Operational Developments • New wind power approvals added 150 MW; effective approved capacity yet to start-up totals 2.33 GW. • Tangshan LNG Phase II reached 79.4% completion; Phase III tanks 68% complete. • Gas-fired power projects in Funing, Beidaihe and Xinle (2.88 GW) progressing on schedule; total approved CCGT capacity 3.86 GW. • Energy-storage pipeline expanded to 1.2 GW/3.8 GWh.
Capital Return No interim dividend was proposed for H1 2026. The RMB 0.20 per share final dividend for FY 2025 (RMB 0.90 billion total) awaits payment.
Outlook Management targets accelerated construction of onshore/offshore wind, storage and gas-turbine projects in H2, alongside tight capital control and digital-operations upgrades, to support growth amid policy-driven opportunities and market challenges.