Shenhua earnings date and guidance

Shenhua expects its next results on October 23, 2026. Watch whether own-mine production catches up with the annual plan.

What has Shenhua guided for 2026?

Shenhua plans to produce 513.4 million tonnes of commercial coal and sell 618.1 million tonnes. Commercial coal is coal prepared for sale, while sales also include coal bought from other producers. In the first quarter, Shenhua sold 78.0 million tonnes from its own mines and 25.2 million tonnes of purchased coal. That extra trading volume can increase revenue, but it usually contributes less profit than an additional tonne from Shenhua’s own mines.

Management also guides to a 4% rise in the unit production cost of self-produced coal. A unit cost is the cost of producing one tonne, not the company’s total spending. In the first quarter, revenue was RMB70.397 billion against RMB49.741 billion of cost of sales. Profit attributable to shareholders was RMB11.885 billion after further expenses and tax, so revenue less cost of sales is not the same as final profit.

Has Shenhua kept its dividend promise?

The clearest measurable promise is the shareholder-return plan, approved in June 2025. It set a minimum annual cash distribution of 65% of attributable profit for 2025–2027, subject to the articles. Shenhua paid 79.1% of 2025 attributable profit as cash dividends, so it exceeded that floor.

What is Shenhua’s revenue and profit trend?

Subtracting March cumulative figures from June cumulative figures gives second-quarter revenue of RMB118,941 million. Derived operating income was RMB30,176 million, producing apparent revenue growth of 73.6% against June 2025. Derived attributable income was RMB19,169 million, with apparent growth of 43.8%.

The company’s comparable half-year figures are stronger evidence. Revenue rose 7.9%, attributable profit rose 1.9%, and EPS rose 0.7%. The quarterly table shows the reported sequence and its cumulative sources.