China Shenhua Energy Company Limited (CSUAY)

CSUAY Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	338,375	343,074	328,978	335,640	233,263
Other Revenue	-	-	15,555	-	-
Revenue	338,375	343,074	344,533	335,640	233,263
Revenue Growth (YoY)	-1.37%	-0.42%	2.65%	43.89%	-3.56%
Cost of Revenue	218,771	214,152	210,610	223,577	151,542
Gross Profit	119,604	128,922	133,923	112,063	81,721
Selling, General & Admin	10,831	10,237	10,108	9,700	9,503
Research & Development	2,727	3,007	3,722	2,499	1,362
Other Operating Expenses	17,784	18,385	20,022	16,890	11,237
Operating Expenses	31,357	31,623	35,222	29,110	22,882
Operating Income	88,247	97,299	98,701	82,953	58,839
Interest Expense	-1,813	-1,930	-877	-2,205	-1,950
Interest & Investment Income	2,768	2,634	2,420	2,492	1,684
Earnings From Equity Investments	4,344	3,565	-	-874	947
Currency Exchange Gain (Loss)	-15	-85	-	115	71
Other Non Operating Income (Expenses)	-3,405	-5,812	-2,069	-2,855	-264
EBT Excluding Unusual Items	90,126	95,671	98,175	79,626	59,327
Impairment of Goodwill	-	-30	-56	-36	-18
Gain (Loss) on Sale of Investments	-11	-	-	-60	1,181
Gain (Loss) on Sale of Assets	453	108	261	337	-167
Asset Writedown	-362	-2,973	-2,833	-922	-963
Other Unusual Items	-	-	700	-	2
Pretax Income	90,206	92,776	96,247	78,945	59,362
Income Tax Expense	17,004	17,584	14,551	18,161	15,378
Earnings From Continuing Operations	73,202	75,192	81,696	60,784	43,984
Minority Interest in Earnings	-10,781	-10,567	-12,048	-9,362	-8,135
Net Income	62,421	64,625	69,648	51,422	35,849
Net Income to Common	62,421	64,625	69,648	51,422	35,849
Net Income Growth	-3.41%	-7.21%	35.44%	43.44%	-14.05%
Shares Outstanding (Basic)	19,869	19,869	19,871	19,869	19,888
Shares Outstanding (Diluted)	19,869	19,869	19,871	19,869	19,888
Shares Change (YoY)	-	-0.01%	0.01%	-0.10%	-0.01%
EPS (Basic)	3.14	3.25	3.50	2.59	1.80
EPS (Diluted)	3.14	3.25	3.50	2.59	1.80
EPS Growth	-3.41%	-7.20%	35.43%	43.58%	-14.04%
Free Cash Flow	57,210	53,584	81,050	71,339	61,259
Free Cash Flow Per Share	2.88	2.70	4.08	3.59	3.08
Dividend Per Share	2.260	2.260	2.550	2.540	1.810
Dividend Growth	-	-11.37%	0.39%	40.33%	43.65%
Gross Margin	35.35%	37.58%	38.87%	33.39%	35.03%
Operating Margin	26.08%	28.36%	28.65%	24.71%	25.22%
Profit Margin	18.45%	18.84%	20.21%	15.32%	15.37%
Free Cash Flow Margin	16.91%	15.62%	23.52%	21.25%	26.26%
EBITDA	109,977	118,563	119,971	102,611	77,698
EBITDA Margin	32.50%	34.56%	34.82%	30.57%	33.31%
D&A For EBITDA	21,730	21,264	21,270	19,658	18,859
EBIT	88,247	97,299	98,701	82,953	58,839
EBIT Margin	26.08%	28.36%	28.65%	24.71%	25.22%
Effective Tax Rate	18.85%	18.95%	15.12%	23.00%	25.91%

Updated Mar 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.