中国神华能源股份有限公司 2025年度业绩预告

Core Viewpoint - China Shenhua Energy Co., Ltd. expects a decline in net profit for the year 2025, with projections indicating a decrease of 15.7% to 7.2% compared to the previous year, primarily due to changes in industry supply and demand dynamics affecting coal sales volume and average selling prices [2][3]. Financial Performance Forecast - The company anticipates a net profit attributable to shareholders for 2025 to be between 49.5 billion yuan and 54.5 billion yuan, representing a decrease of 92 billion yuan to 42 billion yuan, or a decline of 15.7% to 7.2% compared to the previous year's statutory disclosure [2][3]. - The expected net profit, excluding non-recurring gains and losses, is projected to be between 47.2 billion yuan and 50.2 billion yuan, reflecting a reduction of 129 billion yuan to 99 billion yuan, or a decline of 21.5% to 16.5% compared to the previous year's statutory disclosure [2][3]. Previous Year’s Financial Data - For the previous year, the statutory disclosed net profit attributable to shareholders was 58.671 billion yuan, while the restated figure was 55.805 billion yuan [5]. - The net profit attributable to shareholders, excluding non-recurring gains and losses, was 60.125 billion yuan for the previous year [5]. Business Operations and Market Conditions - The company maintains stable production and operational conditions, with core advantages in integrated operations and a strong guarantee of energy security [6]. - However, the company has experienced a decline in coal sales volume and average selling prices due to changes in industry supply and demand, leading to a year-on-year decrease in operating performance [6]. Acquisition and Financial Reporting - On February 11, 2025, the company completed the acquisition of 100% equity in Hangjin Energy from the National Energy Group, which will be included in the company's consolidated financial statements [6]. - The financial data provided in the performance forecast is preliminary and has not been audited or reviewed by an accounting firm [4].