China Shenhua Energy Company Limited

1088
Passed

Company Overview

The company was founded in November 2004 in Beijing, exclusively initiated by Shenhua Group Co., Ltd. China Shenhua was listed on the Hong Kong Stock Exchange and Shanghai Stock Exchange in June 2005 and October 2007, respectively. The main business includes coal production and sales, electricity production, heat production and supply, and related transportation services for railways and ports. The main products include polyethylene (production capacity about 300,000 tons/year), polypropylene (production capacity about 300,000 tons/year), and a small number of by-products (including industrial sulfur, mixed carbon 5, industrial propane, mixed carbon 4, industrial methanol, etc.). The company has received honors such as 5th in Platts Global Energy Company Top 250, the most respected listed company by investors, the “Golden Roundtable Award” of the Outstanding Board of Directors, the “Golden Roundtable Award” of the Top 100 Valuable Companies on the Chinese Main Board, 492nd in the Global 500 Green Companies, the 9th fastest growing global energy company in Asia, the 2008 Top 100 Chinese Blue Chip Companies List, and Forbes Asia's Most Long-Term Value Company.

Country
HK
Market Cap
$68.14B
Last Fiscal Year
2023
Final Shariah Status
Passed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
1.74% passed
5% Threshold
1.7%
Liabilities Compliance
7.65% passed
33% Threshold
7.7%
Final Shariah Status
Passed

This stock meets all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name China Shenhua Energy Company Limited
Ticker 1088
Main Business Thermal Coal
Type Common Stock
Industry Thermal Coal
Country HK
Market Cap $68.14 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Coal $113,660.0 $0.0 -
Power generation $44,080.0 $0.0 -
Railway $6,900.0 $0.0 -
Coal chemical industry $3,000.0 $0.0 -
Port $980.0 $0.0 -
Shipping $821.0 $0.0 -
Interest income $3,053.0 $3,053.0 -
Total $172,494.0 $3,053.0 1.74% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
bank loans and overdrafts $647,058,823.5 0.95%
long term bank loan $4,151,260,504.2 6.09%
convertible notes and bonds $415,966,386.6 0.61%
Total Interest-Bearing Debt $5,214,285,714.3 7.65%
Market Capitalization $68,143,910,256.4 100.00%
Compliance Status Threshold: 33% passed