China Yangtze reports 4.28 percent output drop: October 31 tests China Yangtze stock
Published on 10/15/2026 at 12:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOutput and earnings timeline
- China Yangtze reported 225.058 billion kWh of first-three-quarter generation on October 12, 2026.
- Adjusted first-half net income reached CNY 14.756 billion on September 21, 2026.
- China Yangtze stock has its next earnings report scheduled for October 31, 2026.
China Yangtze (ISIN CNE000001G87) reported 225.058 billion kilowatt-hours of power generation for the first three quarters of 2026, down 4.28 percent year over year, according to Futubull on October 12, 2026. Third-quarter generation alone fell 14.89 percent to 92.314 billion kilowatt-hours, making water availability and electricity pricing the central issues for the next results release.
Generation declines before results
The October 12 announcement covered six domestic cascade hydropower stations. The decline was concentrated in the third quarter, when output dropped 14.89 percent year over year, compared with the 4.28 percent decline for the first nine months.
The reservoir picture was mixed. Wudongde Reservoir inflows were 9.29 percent below the prior-year level in the first three quarters, while Three Gorges Reservoir inflows were 0.98 percent higher, according to the same company announcement carried by Futubull.
What does the output decline mean?
The latest operating figure points to a more uneven earnings path than the first-half report suggested. In the first half of 2026, operating revenue reached CNY 37.929 billion, up 3.36 percent year over year on an adjusted basis, while adjusted net income attributable to shareholders rose 13.02 percent to CNY 14.756 billion, according to Futubull on September 21, 2026. That comparison matters because profit growth held up even as individual stations recorded weaker generation.
Three dated milestones
On September 1, 2026, the latest release cited second-quarter revenue of CNY 19.82 billion and earnings per share of CNY 0.60, according to Investing.com. On September 21, 2026, the Huayuan Securities review cited first-half revenue of CNY 37.929 billion and adjusted net income of CNY 14.756 billion. On October 12, 2026, China Yangtze disclosed first-three-quarter generation of 225.058 billion kilowatt-hours, down 4.28 percent year over year.
Next reporting date
The next scheduled reporting date is October 31, 2026, according to Investing.com. Investors will be watching whether the third-quarter output decline is reflected in revenue, profit and the companys cash-generation profile.
Stock stays near its yearly high
China Yangtze stock was last at CNY 29.60 on the Shanghai Stock Exchange on October 15, 2026 at 3:00 p.m. China Standard Time. The quoted 52-week range was CNY 25.38 to CNY 29.63 on October 15, 2026, placing the stock close to the top of that range.
China Yangtze stock key data
- Company: China Yangtze Power Co., Ltd.
- ISIN: CNE000001G87
- Ticker: 600900
- Primary exchange: Shanghai Stock Exchange
- Price on Shanghai Stock Exchange: CNY 29.60 (as of October 15, 2026, 3:00 p.m. China Standard Time)
- Market capitalization: CNY 724.3 billion (as of October 15, 2026)
- 52-week range: CNY 25.38-CNY 29.63 (as of October 15, 2026)
- Sector / Industry: Utilities / Renewable Utilities
- Next earnings date: October 31, 2026
Market context: Market report Shanghai Composite.
