China Yangtze reported growth: China Yangtze Power stock nears its high

China Yangtze Power reported first-half 2026 net profit of CNY 14.76 billion, up 13.02 percent year over year, while its stock last stood at CNY 29.38 on October 12, 2026, 0.64 percent below the CNY 29.57 52-week high. Futunn said the first-half figures included operating revenue of CNY 37.93 billion, up 3.36 percent year over year.

First-half earnings accelerate

The earnings mix favored profit growth over revenue growth. Adjusted net profit attributable to shareholders reached CNY 14.76 billion, while adjusted revenue reached CNY 37.93 billion in the first half of 2026, giving the two figures year-over-year growth rates of 13.02 percent and 3.36 percent, respectively.

Second-quarter operating revenue was CNY 19.82 billion, up 0.69 percent year over year, and adjusted net profit attributable to shareholders was CNY 8.00 billion, up 1.51 percent. Futunn also reported that first-half power generation increased 4.81 percent to 132.74 billion kWh.

What does the water data mean?

Water conditions remained uneven across the reservoir system. As of September 17, 2026, inflows at Xiluodu and Xiangjiaba were up 6.30 percent and 4.90 percent year over year, respectively, a development that could support power generation in the second half.

The counter-factor is pricing. The September analysis said slower revenue growth than electricity output reflected a higher share of lower-priced power, while rising tax expenses also constrained profit leverage. That combination leaves generation volume and realized electricity prices as the key operating variables.

Three dated milestones

On June 30, 2026, the first-half reporting period closed with CNY 37.93 billion in operating revenue and CNY 14.76 billion in net profit, according to Futunn. On September 17, 2026, inflows at two major stations had risen 6.30 percent and 4.90 percent year over year. On September 21, 2026, the same analysis set a 2026 net profit forecast of CNY 36.10 billion and cited a 3.70 percent dividend yield assumption.

Next reporting date

TickerLandia lists October 31, 2026 as the next quarterly results date. That date gives investors a defined checkpoint for testing whether improving inflows translate into revenue growth.

Stock remains near its yearly high

China Yangtze Power last stood at CNY 29.38 on the Shanghai Stock Exchange on October 12, 2026 at 3:00 p.m. CST. Its market capitalization was CNY 718.9 billion, and its 52-week range was CNY 25.38 to CNY 29.57.

Market context: Market report Shanghai Composite.

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