Revenue from coal production: 60%
Revenue from power generation: 25%
Revenue from transport and logistics: 10%
Revenue from other areas: 5%

TOP 3 markets:

1. China: 70%
2. Japan: 15%
3. South Korea: 10%

China Shenhua Energy Company Limited generates the majority of its revenue from coal production, which accounts for about 60% of the total revenue. Power generation also contributes significantly with 25%, while transport and logistics as well as other areas have smaller shares.

Geographically, China is the dominant market with a 70% share of the total revenue. Japan and South Korea follow with 15% and 10% respectively, highlighting China Shenhua's strong regional presence in Asia. This distribution reflects the company's strategic focus on the Asian market, especially in countries with high energy demand.

Main production sites:

• Inner Mongolia
• Shanxi
• Shaanxi
• Ningxia
• Xinjiang

China Shenhua Energy Company Limited is one of the largest coal producers in China and operates its main production facilities in the regions mentioned above. These areas are known for their abundant coal reserves and offer strategic advantages in terms of logistics and access to key markets.

In addition to coal mines, the company also operates power plants and transportation infrastructures to maximize the efficiency of its supply chain. The geographical distribution of production sites enables Shenhua to effectively serve both the domestic market and international markets.

Strategic Growth Areas:

• Renewable Energies: Increase capacities by 20% by 2025
• Technological Innovation: Investments in digitization and automation
• International Expansion: Opening up new markets in Southeast Asia

China Shenhua Energy Company Limited pursues a strategy focused on diversification and sustainability. A key component is the increase of capacities in the field of renewable energies to support the transition to a low-carbon economy. By 2025, the company plans to increase its capacities in this area by 20%.

In addition, Shenhua is investing in technological innovations, especially in digitization and automation, to improve the efficiency of its operations and reduce operating costs. These investments are also intended to strengthen the company's competitiveness in the global market.

Another strategic focus is on international expansion, particularly in emerging markets in Southeast Asia. These markets offer growth potential that Shenhua aims to leverage to expand its market presence and tap into new revenue sources.

Main Imported Raw Materials: Machinery, equipment, technology

Countries of Origin: Germany, USA, Japan

China Shenhua Energy Company Limited, as one of the largest integrated energy companies in China, mainly imports machinery, equipment, and technology needed for mining and energy generation. These imports are crucial for maintaining and improving the efficiency of their coal production and power generation facilities.

Germany, the USA, and Japan are the leading countries of origin for these imports. These countries are known for their advanced technologies and high-quality machinery necessary to meet the demanding requirements of China Shenhua's energy and mining industry.

Market share in China: 15% (estimated for 2025)
EBITDA margin: 35% (2024)
Debt-to-equity ratio: 0.3 (2024)

China Shenhua Energy Company Limited, as one of the largest coal producers in China, has a significant competitive advantage due to its vertically integrated business structure. This structure allows the company to control the entire value chain from coal mining to transportation to power generation.

The high EBITDA margin of 35% underscores the efficiency and cost advantages that the company has over its competitors. Additionally, China Shenhua benefits from its strong market position and the support of the Chinese government, which favors strategic energy companies.

The low debt-to-equity ratio of 0.3 indicates solid financial stability, providing the company with flexibility for investments in new technologies and adaptation to regulatory changes. This further strengthens its position in the market and ensures long-term competitive advantages.

Institutional Investor Share: Estimated around 60% (2025)

Insider Buys/Sells: No significant changes reported (2025)

The institutional investor share in China Shenhua Energy Company Limited is estimated to be around 60%. This demonstrates the confidence of major institutional investors in the company and its market position.

In 2025, no significant insider buys or sells were reported, indicating a stable internal assessment of the company's development. This could suggest that the management and other insiders are satisfied with the current corporate strategy and market conditions.

Market share of China Shenhua Energy: Estimated around 15% (2025)

Top competitors and their market shares:

1. China Shenhua Energy Company Limited: around 15%
2. China Coal Energy Company Limited: around 10%
3. Yanzhou Coal Mining Company Limited: around 8%
4. Shaanxi Coal and Chemical Industry: around 7%
5. Datang International Power Generation: around 5%
6. Huadian Power International: around 4%
7. Huaneng Power International: around 4%
8. China Resources Power Holdings: around 3%
9. China National Coal Group: around 3%
10. Inner Mongolia Yitai Coal: around 2%

Moat of China Shenhua Energy:

China Shenhua Energy has a significant moat strengthened by its vertical integration and control over large coal reserves. The company benefits from an efficient logistics network that allows it to reduce costs and optimize the supply chain. These factors provide a competitive advantage over other companies that may have higher operating costs.

Compared to its competitors, China Shenhua Energy also has the advantage of a strong financial position and a diversified product range that includes not only coal but also power generation. This enables risk mitigation and better adaptation to market changes.

Some competitors, such as China Coal Energy and Yanzhou Coal Mining, also have strong market positions, but they lack the same depth of vertical integration and breadth of business activities that distinguish China Shenhua Energy. Therefore, it can be argued that China Shenhua Energy has a stronger moat than many of its competitors.

Revenue growth: 8.5% (2024) Profit growth: 10.2% (2024) Debt ratio: 25% (2024) Return on Capital Employed (ROCE): 14% (2024)

China Shenhua Energy Company Limited recorded solid revenue growth of 8.5% in 2024, attributed to strong demand for energy and coal products. The profit growth of 10.2% indicates that the company was able to efficiently manage its costs and increase its profitability.

The debt ratio of 25% suggests a conservative financing structure, providing financial stability to the company and making it less vulnerable to interest rate changes. The return on capital employed of 14% shows that the company is able to effectively utilize its investments to create value for shareholders.

Overall, these indicators suggest that China Shenhua Energy has a solid financial foundation and potentially represents a good investment, especially for investors interested in stable returns in the energy sector. However, investors should also consider macroeconomic factors and the development of energy policies in China, as these can have a significant impact on the company's business environment.

Dividend yield: 6.5% (estimated for 2025)
Dividend history: Continuous payouts over the last five years

China Shenhua Energy Company Limited is known for its reliable dividend payments. In recent years, the company has consistently distributed dividends, indicating a stable financial foundation and solid earnings.

The dividend yield of about 6.5% for 2025 is attractive and above the industry average. The company's ability to pay dividends is supported by its strong market position and the sustained demand for energy.

Analysts view China Shenhua's dividend policy as sustainable as long as commodity prices and demand remain stable.