Shaanxi Provincial Natural Gas Co Ltd

Shaanxi Provincial Natural Gas disclosed its 2026 semi-annual report on August 27. In the first half, it achieved total operating revenue of 4.449 billion yuan, down 8.27 percent year on year. Net profit attributable to the parent company was 404 million yuan, down 20.66 percent. Recurring net profit was 398 million yuan, down 19.80 percent. Net cash flow from operating activities was 282 million yuan, down 46.54 percent. Basic earnings per share were 0.3634 yuan, and the weighted average return on equity was 5.95 percent. As of the first half of 2026, construction in progress rose 18.22 percent from the end of the previous year, bonds payable rose 35.4 percent, and short-term borrowings rose 118.42 percent, while contract liabilities fell 48.23 percent. The company's main businesses are natural gas transmission, development of natural gas-related products, comprehensive utilization of natural gas, and natural gas power generation.