China Shenhua Energy Company Limited (A shares) (SHENHUA) income statement

SHH · Energy · Coal · 91,392 employees · CEO Chang Yan Zhang

Price: CN¥51.99 +0.72%
Market cap: CN¥952B
Enterprise value: CN¥984B
Last report: Q3 '26 filed 2026-09-30
Next report: 2027-03-19 EPS est. CN¥0.81

China Shenhua Energy Company Limited (A shares) (SHENHUA) reported revenue of CN¥107B for Q3 '26 (+42.2% year on year), operating income of CN¥24.4B (22.9% of revenue) and net income of CN¥15.7B. Over the last four quarters revenue was CN¥378B.

Income statement

Income statement	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Revenue	CN¥90.6B	CN¥88.2B	CN¥80.4B	CN¥85.8B	CN¥84.5B	CN¥69.6B	CN¥68.5B	CN¥75B	CN¥81.8B	CN¥70.4B	CN¥119B	CN¥107B
Cost of revenue	CN¥42B	CN¥58.6B	CN¥48.5B	CN¥67.4B	CN¥42.4B	CN¥45.9B	CN¥43.1B	CN¥59.1B	CN¥55.1B	CN¥47.2B	CN¥75.3B	CN¥70.3B
Gross profit	CN¥48.6B	CN¥29.6B	CN¥31.9B	CN¥18.4B	CN¥42.1B	CN¥23.7B	CN¥25.4B	CN¥15.9B	CN¥26.6B	CN¥23.2B	CN¥43.7B	CN¥36.4B
Research & development	CN¥1.61B	CN¥274M	CN¥705M	CN¥761M	CN¥987M	CN¥241M	CN¥486M	CN¥613M	CN¥1.51B	CN¥333M	CN¥677M	CN¥823M
Sales & marketing	CN¥120M	CN¥123M	CN¥109M	CN¥119M	CN¥155M	CN¥131M	CN¥132M	CN¥95M	CN¥169M	CN¥114M	CN¥0	CN¥0
General & administrative	CN¥2.92B	CN¥2.5B	CN¥2.3B	CN¥2.23B	-CN¥5.39B	CN¥2.7B	CN¥2.45B	CN¥2.36B	CN¥3.88B	CN¥2.41B	CN¥0	CN¥0
Other operating expenses	CN¥0	CN¥4.15B	CN¥0	CN¥0	CN¥8.79B	CN¥2.86B	CN¥3.74B	CN¥0	CN¥4.9B	CN¥3.82B	CN¥9.15B	CN¥6.9B
Operating expenses	CN¥4.63B	CN¥7.03B	CN¥3.12B	CN¥3.11B	CN¥4.55B	CN¥5.92B	CN¥6.8B	CN¥3.06B	CN¥10.5B	CN¥6.68B	CN¥14.5B	CN¥12B
Operating income	CN¥44B	CN¥22.5B	CN¥28.8B	CN¥15.3B	CN¥37.5B	CN¥17.8B	CN¥18.6B	CN¥12.9B	CN¥16.2B	CN¥16.5B	CN¥29.2B	CN¥24.4B
Interest income	CN¥467M	CN¥694M	CN¥708M	CN¥698M	CN¥660M	CN¥909M	CN¥697M	CN¥0	CN¥483M	CN¥455M	CN¥651M	CN¥580M
Interest expense	-CN¥2.14B	CN¥720M	CN¥851M	CN¥709M	CN¥584M	CN¥661M	CN¥594M	CN¥702M	CN¥547M	CN¥634M	CN¥1.79B	CN¥1.16B
Other non-operating income (gains on investments, FX ...)	CN¥18.1B	CN¥421M	CN¥9.31B	-CN¥9.31B	CN¥17.8B	CN¥1.04B	-CN¥745M	-CN¥8.45B	-CN¥4.67B	-CN¥754M	CN¥0	CN¥0
Total non-operating income	-CN¥25.9B	-CN¥1.21B	-CN¥7.2B	CN¥9.71B	-CN¥18.8B	CN¥222M	CN¥1.03B	CN¥8.96B	CN¥4.12B	CN¥120M	-CN¥320M	-CN¥323M
Income before tax	CN¥18.1B	CN¥21.3B	CN¥21.6B	CN¥25B	CN¥18.8B	CN¥18B	CN¥19.6B	CN¥21.8B	CN¥20.3B	CN¥16.6B	CN¥28.9B	CN¥24.1B
Income tax	CN¥4.02B	CN¥4.04B	CN¥3.96B	CN¥4.46B	CN¥4.56B	CN¥3.34B	CN¥4.63B	CN¥4.18B	CN¥4.42B	CN¥3.28B	CN¥6.69B	CN¥5.08B
Net income	CN¥12.1B	CN¥17.3B	CN¥15B	CN¥17.8B	CN¥11.9B	CN¥14.7B	CN¥12.7B	CN¥14.7B	CN¥13.8B	CN¥10.7B	CN¥18B	CN¥15.7B
EPS (basic)	CN¥0.61	CN¥0.73	CN¥0.76	CN¥0.90	CN¥0.60	CN¥0.60	CN¥0.64	CN¥0.74	CN¥0.69	CN¥0.53	CN¥0.83	CN¥0.72
EPS (diluted)	CN¥0.61	CN¥0.73	CN¥0.76	CN¥0.90	CN¥0.60	CN¥0.60	CN¥0.64	CN¥0.74	CN¥0.69	CN¥0.53	CN¥0.83	CN¥0.72
Shares (basic, weighted)	19.9B	19.9B	19.9B	19.9B	19.9B	19.9B	19.9B	19.9B	19.9B	20.1B	21.7B	21.7B
Shares (diluted, weighted)	19.9B	19.9B	19.9B	19.9B	19.9B	19.9B	19.9B	19.9B	19.9B	20.1B	21.7B	21.7B
Depreciation & amortization	CN¥5.97B	CN¥5.73B	CN¥5.62B	CN¥5.91B	CN¥5.91B	CN¥6.05B	CN¥8.24B	CN¥5.97B	CN¥5.97B	CN¥0	CN¥8.7B	CN¥0
EBITDA	CN¥31.8B	CN¥27.9B	CN¥25.1B	CN¥30.6B	CN¥25.7B	CN¥22.8B	CN¥27.6B	CN¥27.3B	CN¥26.8B	CN¥17.2B	CN¥37.9B	CN¥24.4B

Income statement	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	CN¥183B	CN¥249B	CN¥264B	CN¥242B	CN¥233B	CN¥336B	CN¥345B	CN¥343B	CN¥338B	CN¥295B
Cost of revenue	CN¥118B	CN¥151B	CN¥164B	CN¥155B	CN¥152B	CN¥224B	CN¥211B	CN¥214B	CN¥219B	CN¥191B
Gross profit	CN¥64.7B	CN¥97.8B	CN¥100B	CN¥86.8B	CN¥81.7B	CN¥112B	CN¥134B	CN¥129B	CN¥120B	CN¥103B
Research & development	CN¥575M	CN¥341M	CN¥454M	CN¥940M	CN¥1.36B	CN¥2.5B	CN¥3.72B	CN¥3.01B	CN¥2.73B	CN¥2.85B
Sales & marketing	CN¥610M	CN¥612M	CN¥725M	CN¥640M	CN¥555M	CN¥581M	CN¥410M	CN¥425M	CN¥491M	CN¥527M
General & administrative	CN¥8.42B	CN¥9.12B	CN¥1.64B	CN¥8.99B	CN¥1.54B	CN¥9.12B	CN¥1.43B	CN¥9.81B	CN¥10.3B	CN¥11.4B
Other operating expenses	CN¥0	CN¥0	CN¥8.34B	CN¥0	CN¥7.68B	CN¥0	CN¥30.2B	CN¥0	CN¥0	CN¥16.7B
Operating expenses	CN¥9.61B	CN¥10.1B	CN¥11.2B	CN¥10.5B	CN¥11.1B	CN¥12.2B	CN¥35.8B	CN¥13.2B	CN¥13.6B	CN¥31.4B
Operating income	CN¥55B	CN¥87.8B	CN¥89B	CN¥76.3B	CN¥70.6B	CN¥99.8B	CN¥98.1B	CN¥116B	CN¥106B	CN¥72B
Interest income	CN¥691M	CN¥959M	CN¥1.34B	CN¥1.17B	CN¥1.68B	CN¥2.49B	CN¥3.07B	CN¥2.69B	CN¥2.76B	CN¥2.27B
Interest expense	CN¥5.06B	CN¥4.91B	CN¥4.9B	CN¥3.07B	CN¥2.33B	CN¥2.68B	CN¥3.37B	-CN¥29M	CN¥2.86B	CN¥2.39B
Other non-operating income (gains on investments, FX ...)	CN¥6.52B	CN¥9.82B	CN¥10.2B	CN¥10.9B	CN¥11.7B	CN¥16.9B	-CN¥563M	CN¥18.4B	CN¥17.8B	-CN¥9.72B
Total non-operating income	-CN¥13.8B	-CN¥14.5B	-CN¥18.9B	-CN¥11.4B	-CN¥11.2B	-CN¥20.9B	-CN¥1.89B	-CN¥22.9B	-CN¥15.8B	CN¥7.33B
Income before tax	CN¥41.3B	CN¥73.3B	CN¥70.1B	CN¥64.9B	CN¥59.4B	CN¥78.9B	CN¥96.2B	CN¥92.8B	CN¥90.2B	CN¥79.3B
Income tax	CN¥9.28B	CN¥16.2B	CN¥16B	CN¥15.1B	CN¥15.4B	CN¥18.2B	CN¥14.6B	CN¥17.6B	CN¥17B	CN¥16.6B
Net income	CN¥24.9B	CN¥47.8B	CN¥44.1B	CN¥41.7B	CN¥35.8B	CN¥51.4B	CN¥69.6B	CN¥64.6B	CN¥62.4B	CN¥52.8B
EPS (basic)	CN¥1.25	CN¥2.40	CN¥2.22	CN¥2.10	CN¥1.80	CN¥2.59	CN¥3.51	CN¥3.25	CN¥3.14	CN¥2.66
EPS (diluted)	CN¥1.25	CN¥2.40	CN¥2.22	CN¥2.10	CN¥1.80	CN¥2.59	CN¥3.51	CN¥3.25	CN¥3.14	CN¥2.66
Shares (basic, weighted)	19.9B	19.9B	19.9B	19.9B	19.9B	19.9B	19.9B	19.9B	19.9B	19.9B
Shares (diluted, weighted)	19.9B	19.9B	19.9B	19.9B	19.9B	19.9B	19.9B	19.9B	19.9B	19.9B
Depreciation & amortization	CN¥22.9B	CN¥24.6B	CN¥23.6B	CN¥19.6B	CN¥18.9B	CN¥19.6B	CN¥21.6B	CN¥22.1B	CN¥22.3B	CN¥23.7B
EBITDA	CN¥71.4B	CN¥103B	CN¥102B	CN¥84.9B	CN¥77.7B	CN¥103B	CN¥120B	CN¥119B	CN¥111B	CN¥105B

Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in CNY.

Revenue, operating income and growth

quarterly

Margins

quarterly

Costs as % of revenue

quarterly

The other statements

Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates: Financial Modeling Prep.

Data as of 2026-11-01