China Shenhua Energy 8/30/2024 Earnings Report

China Shenhua Energy EPS Results

• Actual EPS: $0.42
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

China Shenhua Energy Revenue Results

• Actual Revenue: $11.11 billion
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

China Shenhua Energy Announcement Details

• Date: 8/30/2024
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

China Shenhua Energy (OTCMKTS:CSUAY) Company Limited is one of the largest coal producers and integrated energy companies in China. The firm’s core business centers on the exploration, production and sale of coal, with a primary focus on thermal coal used for power generation. Through its vertically integrated operations, China Shenhua manages the entire coal value chain, from mining and washing to transportation and marketing.

In addition to coal mining, the company operates a diversified portfolio of power generation assets, including coal-fired and wind power plants. It also controls key logistics infrastructure, such as dedicated railways and ports, to streamline the shipment of coal to domestic power utilities and overseas customers. Through its subsidiaries, China Shenhua offers port handling, warehousing and inland logistics services, supporting both internal requirements and third-party coal traders.

Founded in 2004 as a spin-off from a state-owned coal and power conglomerate, China Shenhua Energy is headquartered in Beijing and has major mining operations in Inner Mongolia, Shaanxi, Shanxi and Ningxia. Its ports are strategically located at Qinhuangdao, Huanghua and Tianjin, enabling broad access to China’s coastal power markets and export terminals in Northeast Asia. In 2017, the company became part of a larger state-owned energy group following a merger that created one of the world’s largest power and coal enterprises.