Shaanxi Coal Industry Co Ltd

Shaanxi Coal Industry Co Ltd maintains a conservative capital structure with a debt-to-equity ratio of 0.37, indicating limited leverage relative to shareholder equity. The company holds total assets of 236.27 billion CNY against total liabilities of 139.34 billion CNY, resulting in total equity of 96.93 billion CNY. Liquidity is assessed as medium risk, supported by a current ratio of 0.99, which suggests that current assets roughly match current liabilities. The firm generates robust operating cash flow of 35.27 billion CNY, significantly exceeding its free cash flow of 9.83 billion CNY after accounting for capital expenditures of 17.06 billion CNY. This cash generation profile supports debt servicing and ongoing investment needs without immediate refinancing pressure.

Profitability metrics demonstrate strong operational efficiency, with a return on equity (ROE) of 22.85% and a return on assets (ROA) of 9.37%. The company reports net income of 16.76 billion CNY on revenue of 158.18 billion CNY, yielding a net margin of approximately 10.6%. Operating income stands at 32.56 billion CNY, reflecting a healthy operating margin of roughly 20.6%. These returns are supported by a gross profit of 38.46 billion CNY. The valuation multiples reflect this profitability, with a price-to-earnings ratio of 10.03 and an EV/EBITDA of 7.00, suggesting the market prices the stock at a reasonable multiple relative to its earnings power.

The company’s revenue base is substantial, totaling 158.18 billion CNY in the latest period. While specific segment and geographic breakdowns are not detailed in the available data, the classification as an Integrated Oil & Gas entity within the Energy sector implies a diversified operational footprint typical of large-scale resource extraction and processing firms. The scale of operations is evidenced by the significant asset base and revenue volume, positioning the company as a major player in its domestic market.

Growth trajectory analysis is limited by the absence of historical period data in the current input. However, the current financial snapshot indicates a stable operational base with significant cash flow generation. The company’s ability to maintain high operating income relative to revenue suggests resilient pricing power or cost control mechanisms within its core business lines. The lack of historical trend data prevents a definitive assessment of revenue growth rates, but the current profitability levels indicate a mature, cash-generative business model.

Risk assessment highlights medium liquidity risk and low dilution risk. A key flag notes that net cash is negative after subtracting total debt, which aligns with the reported long-term debt of 35.87 billion CNY. Despite this, the strong operating cash flow mitigates immediate solvency concerns. The low dilution risk is supported by the identical basic and diluted share counts of 9.695 billion shares, indicating no significant outstanding options or convertible securities that would impact earnings per share in the near term.

Recent market observations indicate positive analyst sentiment, with a mean recommendation of 1.75 (where 1 is strong buy). The mean price target is 27.50 CNY, representing a potential upside from the current market price of 22.92 CNY. The high price target reaches 30.80 CNY, while the low is 21.80 CNY. Analyst coverage includes four strong-buy ratings and three buy ratings, with no hold ratings, suggesting consensus optimism regarding the company’s future performance. Competitor context lists major global energy firms such as Chevron, Shell, and BP, though specific comparative metrics are not provided.

Analysts project 7.7% upside to a mean price target of 27.5 CNY.

The debt-to-equity ratio of 0.37 is lower than the 0.49 cohort median.

The four-year net income CAGR is negative at -5.9%.

Operating income is projected to fall 26.3% to 32.56 billion CNY.

Revenue ¥40.10B, −31,7% YoY; Operating income −38,2% YoY.

• ▍Revenue ¥40.10B, −31,7% YoY
• ▍Operating income −38,2% YoY
• ▍Net income −60,2% YoY
• ▍Net margin 10.1%

Revenue ¥40.10B, −10,0% YoY; Operating income −16,3% YoY.

• ▍Revenue ¥40.10B, −10,0% YoY
• ▍Operating income −16,3% YoY
• ▍Net income −20,3% YoY
• ▍Net margin 12.7%

Revenue ¥37.82B, −20,5% YoY; Operating income −43,2% YoY.

• ▍Revenue ¥37.82B, −20,5% YoY
• ▍Operating income −43,2% YoY
• ▍Net income −54,5% YoY
• ▍Net margin 7.5%

Revenue ¥58.72B; Operating income ¥12.76B.

• ▍Revenue ¥58.72B
• ▍Operating income ¥12.76B
• ▍Net margin 17.3%

Revenue ¥44.56B; Operating income ¥10.97B.

• ▍Revenue ¥44.56B
• ▍Operating income ¥10.97B
• ▍Net margin 14.3%

Revenue ¥47.55B; Operating income ¥12.35B.

• ▍Revenue ¥47.55B
• ▍Operating income ¥12.35B
• ▍Net margin 13.1%

Revenue ¥158.18B, −14,1% YoY; Operating income −26,3% YoY.

• ▍Revenue ¥158.18B, −14,1% YoY
• ▍Operating income −26,3% YoY
• ▍Net income −54,1% YoY
• ▍Free cash flow −53,8% YoY
• ▍Net margin 10.6%

Revenue ¥184.14B, +1,5% YoY; Operating income −2,6% YoY.

• ▍Revenue ¥184.14B, +1,5% YoY
• ▍Operating income −2,6% YoY
• ▍Net income −4,7% YoY
• ▍Free cash flow +27,6% YoY
• ▍Net margin 19.9%

Revenue ¥181.47B, +8,8% YoY; Operating income −29,5% YoY.

• ▍Revenue ¥181.47B, +8,8% YoY
• ▍Operating income −29,5% YoY
• ▍Net income +8,9% YoY
• ▍Free cash flow −55,1% YoY
• ▍Net margin 21.1%

Revenue ¥166.85B, +9,6% YoY; Operating income +53,9% YoY.

• ▍Revenue ¥166.85B, +9,6% YoY
• ▍Operating income +53,9% YoY
• ▍Net income +64,3% YoY
• ▍Free cash flow +41,3% YoY
• ▍Net margin 21.1%

Revenue ¥152.31B; Operating income ¥41.83B.

• ▍Revenue ¥152.31B
• ▍Operating income ¥41.83B
• ▍Net margin 14.1%