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China Shenhua Energy Co
(1088)
China Shenhua Energy Co (1088) vs. iShares MSCI Hong Kong ETF (EWH)
China Shenhua Energy Co Business Overview & Revenue Model
China Shenhua Energy Co Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 304.58B | 338.38B | 343.07B | 344.53B | 335.22B | 233.26B |
| Gross Profit | 105.09B | 115.18B | 122.44B | 134.47B | 110.76B | 94.24B |
| EBITDA | 82.45B | 111.23B | 108.98B | 121.03B | 95.95B | 80.99B |
| Net Income | 53.26B | 58.67B | 59.69B | 69.65B | 50.08B | 39.17B |
Balance Sheet | ||||||
| Total Assets | 706.54B | 658.07B | 630.13B | 621.70B | 607.05B | 558.45B |
| Cash, Cash Equivalents and Short-Term Investments | 136.69B | 159.72B | 150.28B | 170.50B | 162.89B | 127.46B |
| Total Debt | 38.70B | 31.00B | 36.87B | 56.94B | 65.41B | 63.88B |
| Total Liabilities | 171.18B | 154.12B | 151.76B | 162.46B | 161.38B | 133.32B |
| Stockholders Equity | 458.08B | 426.87B | 408.69B | 393.85B | 376.88B | 360.19B |
Cash Flow | ||||||
| Free Cash Flow | 31.66B | 56.32B | 52.60B | 81.05B | 70.71B | 60.62B |
| Operating Cash Flow | 68.75B | 93.35B | 89.69B | 109.73B | 94.58B | 81.29B |
| Investing Cash Flow | -42.82B | -85.36B | -36.97B | -56.59B | -6.84B | 32.05B |
| Financing Cash Flow | -80.81B | -51.17B | -76.13B | -78.73B | -43.73B | -42.08B |
China Shenhua Energy Co Technical Analysis
China Shenhua Energy Co Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | HK$12.14B | 7.12 | 19.63% | 9.92% | -2.79% | -39.45% | |
79 Outperform | HK$16.85B | 15.56 | 6.64% | 9.28% | -5.78% | -29.52% | |
78 Outperform | HK$910.10B | 14.36 | ― | 8.97% | -13.87% | -15.41% | |
72 Outperform | HK$138.36B | 9.02 | ― | 8.02% | 0.80% | -35.81% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
64 Neutral | HK$179.84B | 9.14 | 10.99% | 4.59% | -3.42% | -18.73% | |
58 Neutral | HK$11.67B | 18.53 | 6.76% | ― | -20.50% | -64.45% |
China Shenhua Energy Co Corporate Events
China Shenhua Energy reported its major operational data for December and full-year 2025, showing mixed performance across segments following the consolidation of Hangjin Energy’s business after a 100% equity acquisition completed in February 2025. Commercial coal production declined slightly year-on-year for both December and the full year, while coal sales in December rose but were down over the full period, indicating some pressure on coal output despite resilient trading volumes. Transportation metrics were uneven: railway turnover inched up, but full-year shipping volume and shipment turnover dropped, with management attributing the declines mainly to structural adjustments in the shipping business and changes in route structure. In power, December saw mid‑single‑digit growth in gross power generation and power output dispatch, though both indicators fell modestly on a full‑year basis, suggesting softer overall demand or utilization. Coal chemicals posted strong growth, with double‑digit year‑on‑year increases in polyethylene and polypropylene sales for both December and the full year, largely due to a low base from scheduled maintenance last year and higher polyolefin output this year. The restated prior-year figures reflect the integration of Hangjin Energy, and the company cautioned investors that monthly operational data may fluctuate significantly due to weather, maintenance, seasonality and safety inspections, and may differ from figures disclosed in periodic reports.
The most recent analyst rating on (HK:1088) stock is a Hold with a HK$45.00 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
China Shenhua Energy Company Limited announced that the No. 3 power generation unit of the Phase II expansion project at the Qingyuan power plant in Guangdong Province has successfully completed a 168-hour trial run and has been officially placed into commercial operation. The Qingyuan Phase II project, a key energy security initiative under Guangdong’s 14th Five-Year Plan, comprises two 1,000MW double-reheat ultra-supercritical coal-fired units using high-efficiency, low-emission technology designed to meet ultra-low air pollutant standards and achieve zero wastewater discharge. With Unit 4 progressing steadily and scheduled to start operation in February 2026, the full commissioning of Qingyuan Phase II is expected to ease energy supply pressures in the region and strengthen power security for the Guangdong-Hong Kong-Macao Greater Bay Area, reinforcing China Shenhua’s role as a critical baseload power supplier.
The most recent analyst rating on (HK:1088) stock is a Sell with a HK$29.60 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
China Shenhua Energy has announced that Unit 4 of the Phase II expansion project at its 52%-owned subsidiary Beihai Power has successfully completed a 168-hour trial run and entered commercial operation, meaning both 1,000 MW ultra-supercritical coal-fired units of the Beihai Phase II project are now in service. The new unit operated smoothly during testing with emissions of dust, sulfur dioxide and nitrogen oxides well below ultra-low emission standards and comparable to gas-fired plants, positioning Beihai Power as the largest supportive and regulating power source in its region and strengthening the safety and stability of the local grid as well as the development of a new-type power system.
The most recent analyst rating on (HK:1088) stock is a Sell with a HK$29.60 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
China Shenhua Energy Company Limited has convened its first extraordinary general meeting for 2026, to be held in Beijing on 23 January 2026, where shareholders will vote on a series of special resolutions related to a significant asset transaction and a proposed issuance of A shares. The agenda includes approving the overall transaction structure, target assets, counterparties, pricing and payment terms, detailed share issuance arrangements for both the transaction and the broader A-share issuance, as well as lock-up periods, treatment of profits and undistributed earnings, use of proceeds, performance commitments and compensation arrangements, and the validity period of the resolutions, along with consideration of a draft report on purchasing assets via share issuance and cash payment and raising supporting funds through a related transaction, signaling a potentially material restructuring and capital-raising initiative for the company.
The most recent analyst rating on (HK:1088) stock is a Sell with a HK$29.60 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
China Shenhua Energy has signed an asset purchase agreement with its parent China Energy and subsidiary Western Energy to acquire a portfolio of energy and infrastructure assets, including full stakes in several coal, power, mining, shipping, trading and port companies, as well as partial interests in additional coal and energy entities, with consideration to be paid through a mix of newly issued A shares and cash; a later supplemental agreement removed the e-commerce subsidiary from the list of target assets and adjusted transaction terms. To support this major connected transaction, the company plans a private placement of new A shares to no more than 35 qualified investors, raising up to the full value of the A-share consideration and issuing no more than 30% of its post-transaction share capital, a move that will expand its asset base and capital structure while remaining subject to shareholder approval and Hong Kong Listing Rules for major transactions.
The most recent analyst rating on (HK:1088) stock is a Sell with a HK$29.60 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
China Shenhua Energy has signed a 2026 Factoring Services Agreement with Guoneng Factoring, an indirect wholly owned subsidiary of its controlling shareholder China Energy, under which Guoneng Factoring will provide the group with factoring, consulting, agency, asset management and supply chain finance platform services from 1 January to 31 December 2026. The transactions are classified as continuing connected transactions under Hong Kong Listing Rules, triggering reporting and announcement requirements but remaining exempt from independent shareholders’ approval, indicating the company’s ongoing reliance on affiliated financial service providers to manage receivables and optimize working capital while maintaining compliance with related-party transaction regulations.
The most recent analyst rating on (HK:1088) stock is a Sell with a HK$29.60 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
China Shenhua Energy Co plans to participate in a RMB15 billion capital injection into its group finance company alongside controlling shareholder China Energy, with Shenhua contributing RMB6 billion and China Energy RMB9 billion in cash. The move, which will raise the finance company’s registered capital from RMB17.5 billion to RMB32.5 billion while keeping existing shareholding ratios unchanged, is classified as a connected transaction under Hong Kong listing rules and will require reporting and announcement but not independent shareholder approval, highlighting an effort to strengthen group financial resources and internal funding capacity without altering control structures.
The most recent analyst rating on (HK:1088) stock is a Sell with a HK$29.60 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
China Shenhua Energy Company Limited announced that its board of directors held the 15th meeting of the sixth session in Beijing on 19 December 2025, with all seven eligible directors participating either in person, by proxy or via video, in compliance with PRC company law, relevant listing rules and the company’s Articles of Association. At the meeting, the board unanimously approved the 2025 Work Report of the Board of Directors and authorised the executive director to make any adjustments to its content and data necessary to meet domestic and overseas listing requirements and those of parent company China Energy, underscoring continued regulatory compliance and alignment of subsidiary reporting standards within the group.
The most recent analyst rating on (HK:1088) stock is a Sell with a HK$29.60 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
In November 2025, China Shenhua Energy Co. reported a decline in coal production and sales, as well as a decrease in shipping volume and shipment turnover, attributed to structural adjustments in its shipping business and route changes. However, the company experienced an increase in polyethylene and polypropylene sales due to a lower base from scheduled maintenance of coal-to-olefin production equipment the previous year. The operational data reflects the inclusion of Hangjin Energy’s business volumes, following its acquisition in February 2025.
The most recent analyst rating on (HK:1088) stock is a Sell with a HK$29.60 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
China Shenhua Energy Company Limited has announced progress on its transaction involving the issuance of A shares and cash payment to acquire assets from its controlling shareholder, China Energy Investment Corporation Limited. This transaction, which includes coal and related energy assets, aims to raise supporting funds and is classified as a related transaction under applicable regulations. The company’s shares were temporarily suspended from trading but have since resumed, and the board has approved the proposals related to the transaction. This move is part of the company’s strategic efforts to enhance its asset base and strengthen its market position in the energy sector.
The most recent analyst rating on (HK:1088) stock is a Sell with a HK$29.60 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
China Shenhua Energy Company Limited announced that its No. 3 power generation unit of the Beihai Phase II project has successfully completed a 168-hour trial operation and is now in commercial operation. This project, part of the 14th Five-Year Plan for energy development in the Guangxi Zhuang Autonomous Region, features advanced ultra-supercritical coal-fired technology and aims to optimize regional power structure, enhance grid stability, and support regional economic development.
The most recent analyst rating on (HK:1088) stock is a Sell with a HK$29.60 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
China Shenhua Energy Co. has entered into a 2026-2028 Continuing Connected Transactions Framework Agreement with China Railway Taiyuan Group Co., Ltd. This agreement, approved by the company’s board, facilitates mutual provision of transportation services, coal supply, and other products between the two entities. This strategic partnership is expected to strengthen China Shenhua’s market position and operational capabilities, potentially impacting stakeholders positively by enhancing service efficiency and market reach.
The most recent analyst rating on (HK:1088) stock is a Sell with a HK$29.60 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
China Shenhua Energy Company Limited reported its major operational data for October 2025, highlighting a decrease in commercial coal production and sales compared to the previous year. Despite this, the company saw an increase in polypropylene sales due to higher production and inventory consumption. The acquisition of Hangjin Energy earlier in the year has been integrated into the operational data, reflecting the company’s strategic expansion. The operational data reveals fluctuations influenced by factors such as equipment maintenance and structural adjustments in shipping, indicating the dynamic nature of the company’s operations.
The most recent analyst rating on (HK:1088) stock is a Sell with a HK$29.60 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
China Shenhua Energy Company Limited announced its intention to issue A shares and pay cash to acquire assets from its controlling shareholder, China Energy Investment Corporation. This transaction, which includes coal and coal-related assets, aims to raise supporting funds and is classified as a related transaction under applicable laws. The company’s A shares were temporarily suspended from trading but have since resumed, indicating a strategic move to bolster its asset base and financial standing.
The most recent analyst rating on (HK:1088) stock is a Sell with a HK$29.60 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
China Shenhua Energy Company Limited announced an interim dividend of RMB 0.98 per share for the six months ending June 30, 2025, with the payment to be made in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.096. This announcement reflects the company’s ongoing commitment to shareholder returns and may influence investor sentiment positively, particularly given the detailed tax implications for non-resident shareholders, which are outlined to ensure compliance with international tax agreements.
The most recent analyst rating on (HK:1088) stock is a Buy with a HK$40.00 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
China Shenhua Energy Co, a leading player in the energy sector, recently held its second extraordinary general meeting for 2025, where all proposed resolutions were successfully passed. The meeting, attended by a significant number of shareholders and proxies, resulted in the approval of an interim dividend distribution and the granting of a general mandate to issue shares. These decisions reflect the company’s strategic focus on shareholder returns and operational flexibility, potentially strengthening its market position and stakeholder confidence.
The most recent analyst rating on (HK:1088) stock is a Buy with a HK$40.00 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
China Shenhua Energy Company Limited released its third quarterly report for 2025, indicating a decline in revenue and profit compared to the same period last year. Revenue decreased by 13.1% to RMB 75,042 million, and profit attributable to equity holders fell by 11.8% to RMB 14,660 million. The report highlights a significant reduction in net cash generated from operating activities, which dropped by 19.9% from the previous year, reflecting challenges in the company’s financial performance.
The most recent analyst rating on (HK:1088) stock is a Buy with a HK$40.00 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
China Shenhua Energy Co has announced the approval of a new 2026-2028 Continuing Connected Transactions Framework Agreement with Taiyuan Railway Bureau, acting on behalf of China Railway. This agreement, effective from January 1, 2026, to December 31, 2028, continues the provision of transportation services, coal supply, and other products between the Group and China Railway Group. The decision follows an increase in the annual revenue cap for 2025 under the previous agreement, aiming to support a new logistics business model and boost transportation revenue. The new framework agreement is subject to reporting and announcement requirements under Hong Kong Listing Rules but is exempt from independent shareholders’ approval.
The most recent analyst rating on (HK:1088) stock is a Buy with a HK$40.00 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
China Shenhua Energy Company Limited announced the resolutions from the fourteenth meeting of its sixth board session, which included the approval of the third quarterly financial report for 2025 and a new framework agreement for continuing connected transactions with China State Railway Group Co., Ltd. This announcement underscores the company’s ongoing strategic partnerships and financial transparency, potentially impacting its operational dynamics and stakeholder relations positively.
The most recent analyst rating on (HK:1088) stock is a Buy with a HK$40.00 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
China Shenhua Energy Company Limited announced the successful completion of a 168-hour continuous full-load trial operation for the No. 4 power generation unit of the Jiujiang Phase II project. This milestone signifies the commencement of commercial operations for both 1,000 MW ultra-supercritical secondary reheat coal-fired power generation units under the project. Located in Jiangxi Province, this key project aligns with the province’s 14th Five-Year Plan and demonstrates outstanding environmental performance by achieving ultra-low emission standards. The operationalization of Jiujiang Phase II is expected to bolster energy security in Jiangxi Province and Central China, while promoting regional social and economic development.
The most recent analyst rating on (HK:1088) stock is a Sell with a HK$29.60 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
China Shenhua Energy Company Limited announced its 2025 third quarterly results presentation, scheduled for October 27, 2025, at the Shanghai Stock Exchange SSE roadshow center. The presentation aims to provide investors with a comprehensive understanding of the company’s operating results and financial conditions, allowing for interactive online communication and addressing investors’ questions and concerns. This initiative reflects the company’s commitment to transparency and engagement with stakeholders, potentially strengthening its industry positioning and investor relations.
The most recent analyst rating on (HK:1088) stock is a Sell with a HK$29.60 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
In September 2025, China Shenhua Energy Co. reported a mixed performance across its operations. The company saw increased transportation turnover due to higher coal volumes along its railways, and loading volumes at key ports rose due to increased resource arrivals. However, there were declines in shipping volume and power generation, attributed to structural adjustments in shipping routes and insufficient electricity demand in some regions. The acquisition of Hangjin Energy earlier in the year has been integrated into the company’s operational data, impacting year-on-year comparisons.
The most recent analyst rating on (HK:1088) stock is a Sell with a HK$29.60 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.