Top Energy Company Ltd.Shanxi (SHA:600780)

China · Delayed Price · Currency is CNY

6.15

-0.06 (-0.97%)

Aug 4, 2026, 3:00 PM CST

SHA:600780 Financials Overview

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

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	11,225	11,264	10,829	10,887	11,118	7,831
Revenue Growth	1.16%	4.02%	-0.53%	-2.08%	41.98%	12.80%
Net Income	651.86	648.17	512.67	679.78	854.73	186.1
Earnings Per Share	0.57	0.57	0.45	0.59	0.75	0.16
EPS Growth	19.01%	26.41%	-24.57%	-20.47%	359.33%	-37.96%

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Others	19.21
Thermoelectricity Power Generation	1,883
Power Grid Distribution	9,356
Total	11,259

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	2,945	2,820	2,476	2,220	2,016	1,655
Total Debt	1,100	1,020	508.5	635.8	862.16	984.44
Net Cash (Debt)	1,844	1,800	1,967	1,584	1,154	670.84
Net Cash Growth	-15.27%	-8.48%	24.19%	37.27%	72.00%	13.58%
Net Cash Per Share	1.61	1.57	1.72	1.38	1.01	0.59

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	1,398	1,355	1,166	904.01	1,325	910.33
Capital Expenditures	-1,016	-916.75	-480.33	-377.92	-590.15	-563.44
Free Cash Flow	381.96	438.02	685.31	526.09	734.57	346.89
Free Cash Flow Growth	-48.84%	-36.08%	30.26%	-28.38%	111.76%	-10.42%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Pretax Margin	7.50%	7.47%	6.26%	7.76%	9.35%	3.74%
Profit Margin	5.81%	5.75%	4.73%	6.24%	7.69%	2.38%
FCF Margin	3.40%	3.89%	6.33%	4.83%	6.61%	4.43%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Aug '26 Aug 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Dividend Per Share	0.180	0.180	-	0.180
Dividend Per Share Growth	0%	-	-	-
Dividend Yield	2.97%	3.26%	-	2.34%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	10.92	10.05	12.59	13.83	8.61	25.14
Forward PE	-	10.40	10.40	10.40	10.40	10.40
P/FCF Ratio	18.64	14.87	9.42	17.87	10.02	13.49
PS Ratio	0.63	0.58	0.60	0.86	0.66	0.60