China Suntien Green Energy Corporation Limited reported that 2025 net profit attributable to shareholders reached RMB1.83 billion, up 9.21% year on year, even as operating revenue slipped 7.21% to RMB19.83 billion.
The Board recommends a cash dividend of RMB0.20 per share (tax-inclusive), totalling RMB0.90 billion, subject to shareholder approval.
Earnings drivers • Wind and photovoltaic power generation revenue increased 3.04% to RMB6.23 billion, lifting segment net profit 11.95% to RMB1.61 billion. • Natural-gas revenue fell 11.25% to RMB13.59 billion amid weaker demand, and segment net profit declined 25.01% to RMB0.36 billion. • Average utilisation hours for consolidated wind farms rose 10 hours to 2,236, exceeding the national average by 257 hours.
Key financial metrics • Profit before tax: RMB2.54 billion, up 8.37%. • Earnings per share: RMB0.43, up 7.50%. • Operating cash inflow surged 96.11% to RMB7.30 billion as gas purchase outlays eased. • Capital expenditure jumped 67.08% to RMB10.66 billion, mainly for wind projects and pipeline expansion. • Total borrowings increased RMB3.23 billion to RMB47.33 billion; the debt-to-asset ratio improved to 66.30% from 67.73%. • Year-end cash and deposits rose to RMB4.84 billion from RMB3.06 billion.
Operational highlights • Consolidated wind-power capacity reached 7.78 GW after adding 1.27 GW during the year; projects under construction totalled 1.30 GW. • The company connected 158.93 MW of new solar capacity, bringing consolidated PV capacity to 424.79 MW. • Natural-gas sales and transmission volume fell 10.71% to 5.26 billion m³; pipeline network length grew by 176 km to 10,026 km. • Tangshan LNG Terminal Phase II advanced, with additional storage tanks mechanically complete; outbound pipeline welding reached 94.5%.
Balance-sheet movements • Other equity instruments of RMB1.52 billion were issued; cash proceeds from a HK$1.51 billion private placement boosted capital reserve. • Net current liabilities stood at RMB10.07 billion; unutilised bank credit lines totalled RMB73.80 billion.
Outlook and dividends The company positions 2026 as the opening year of its 15th-Five-Year Plan, targeting accelerated offshore wind, energy storage and gas-power projects while maintaining a “based in Hebei, radiating nationwide” strategy.
If approved, the proposed dividend represents a payout of roughly 49% of 2025 attributable profit.