Inner Mongolia MengDian HuaNeng Thermal Power Corporation Limited (SHA:600863)

SHA:600863 Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Revenue & Profits

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	19,392	21,050	23,855	22,525	23,066	19,001
Revenue Growth	-16.15%	-11.76%	5.90%	-2.34%	21.39%	23.70%
Net Income Net Income Growth	1,884	2,447	3,040	1,892	1,646	358.14
Earnings Per Share EPS Growth	0.25	0.34	0.40	0.29	0.25	0.06
EPS Growth	-37.96%	-15.00%	37.93%	16.00%	316.67%	-45.45%

Revenue by Segment

Chart

Fiscal Year	FY 2025
Period Ending	Dec 31, 2025
Offset of Business Segment Offset of Business Segment Growth	-4,258
Huabei Electrical Network Region (Excluding Coal) Huabei Electrical Network Region (Excluding Coal) Growth	7,969
Inner Mongolian Electrical Network Region (Excluding Coal) Inner Mongolian Electrical Network Region (Excluding Coal) Growth	17,280
Eastern Mongolia Power Grid Area Eastern Mongolia Power Grid Area Growth	58.65
Total Total Growth	21,050

Cash & Debt

Chart

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	1,088	1,071	752.89	1,595	974.37	778.35
Total Debt Total Debt Growth	14,646	14,579	15,577	12,132	14,724	17,218
Net Cash (Debt) Net Cash Growth	-13,558	-13,508	-14,824	-10,537	-13,750	-16,440
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share Net Cash Per Share Growth	-1.77	-1.88	-1.95	-1.62	-2.09	-2.75

Cash Flow & CapEx

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	5,866	6,732	6,668	5,332	5,154	3,141
Capital Expenditures CapEx Growth	-4,450	-3,771	-4,402	-2,390	-1,184	-1,070
Free Cash Flow Free Cash Flow Growth	1,416	2,961	2,266	2,942	3,971	2,071
Free Cash Flow Growth	-45.75%	30.64%	-22.98%	-25.90%	91.73%	-24.80%

Margins

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Pretax Margin	12.77%	17.79%	16.24%	11.21%	10.32%	2.86%
Profit Margin	9.72%	11.62%	12.74%	8.40%	7.14%	1.88%
FCF Margin	7.30%	14.06%	9.50%	13.06%	17.21%	10.90%

Dividends

Chart

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 29, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	0.220	0.220	0.220	0.185	0.164	0.100
Dividend Per Share Growth	0%	0%	18.92%	12.80%	64.00%	-20.64%
Dividend Yield	4.27%	4.91%	5.08%	4.74%	4.70%	2.54%

Valuation

Chart

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 29, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	20.93	11.95	9.30	13.45	13.84	71.80
Forward PE	15.09	11.89	10.63	8.17	8.36	22.35
P/FCF Ratio	28.39	9.88	12.47	8.65	5.74	12.42
PS Ratio	2.07	1.39	1.19	1.13	0.99	1.35

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 29, 2026

Data Sources Report a data error