China Shenhua’s March 2026 Data: Transport Turnover Up 16.20%, Power Generation Up 15.80%

Bulletin Express
Apr 16

China Shenhua Energy Company Limited released its unaudited operational figures for March 2026, highlighting solid growth in transportation and power segments despite softer coal output. All year-on-year (YoY) comparisons refer to the same period in 2025.

Coal • Commercial coal production slipped 4.80% to 28.00 million tonnes, while coal sales rose 6.40% to 36.80 million tonnes. • For the first three months, production eased 2.40% to 80.50 million tonnes, but sales climbed 3.90% to 103.20 million tonnes.

Transportation • Self-owned railway turnover expanded 16.20% to 27.20 billion tonne-kilometres in March and 8.00% to 78.30 billion tonne-kilometres year-to-date (YTD). • Loading volume at Huanghua Port edged up 1.00% to 19.50 million tonnes for the month and 10.30% YTD to 54.80 million tonnes. • Tianjin Coal Dock handled 4.00 million tonnes, up 33.30%; cumulative volume rose 13.30% to 11.10 million tonnes. • Shipping volume increased 6.00% to 8.80 million tonnes, with YTD growth of 1.80% to 22.20 million tonnes. • Shipment turnover improved 12.80% to 9.70 billion tonne-nautical-miles, though the YTD figure dipped 3.40% to 23.00 billion tonne-nautical-miles.

Power • Gross power generation grew 15.80% to 20.07 billion kWh, bringing the YTD total to 55.94 billion kWh, up 10.90%. • Total power output dispatch mirrored this trend, advancing 15.90% to 18.91 billion kWh in March and 11.00% to 52.69 billion kWh YTD. Management attributed the gains to new generator units.

Coal Chemicals • Polyethylene sales climbed 10.30% to 33.30 thousand tonnes in March and edged up 0.30% to 92.30 thousand tonnes YTD, reflecting flexible product-mix adjustments. • Polypropylene sales dipped 3.50% to 27.90 thousand tonnes for the month but increased 1.02% YTD to 84.00 thousand tonnes.

Management noted that monthly data can fluctuate due to weather, maintenance schedules and seasonal factors, and may differ from figures in forthcoming periodic reports.

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