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T

Top Energy Company Ltd Shanxi 600780.SS · CNY

Utilities · Shanghai · 🇨🇳 China

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5.88

-0.51%

Close of 9 Nov 2026, in CNY

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CNY, from our data supplier.

FY2025

Revenue

CN¥11.26bn

FY2016FY2025

Net income

CN¥648.2m

FY2016FY2025

Free cash flow

CN¥438.0m

FY2016FY2025

Shareholders' equity

CN¥8.38bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥11.26bnCN¥10.83bnCN¥10.89bnCN¥11.12bnCN¥7.83bnCN¥6.94bnCN¥6.61bnCN¥6.03bnCN¥5.10bnCN¥4.88bn
Gross profitCN¥1.84bnCN¥817.4mCN¥936.7mCN¥1.14bnCN¥396.1mCN¥690.8mCN¥734.8mCN¥669.9mCN¥542.2mCN¥615.3m
Research and developmentCN¥2.1mCN¥2.8mCN¥1.0mCN¥1.2mCN¥2.0mCN¥1.4mCN¥1.5mCN¥2.0mCN¥2.1mCN¥2.1m
Operating incomeCN¥678.5mCN¥668.0mCN¥846.8mCN¥1.07bnCN¥298.9mCN¥401.9mCN¥398.8mCN¥309.1mCN¥136.1mCN¥140.1m
Net incomeCN¥648.2mCN¥512.7mCN¥679.8mCN¥854.7mCN¥186.1mCN¥299.9mCN¥280.0mCN¥224.0mCN¥81.8mCN¥102.0m
Diluted earnings per share0.570.450.590.750.160.260.240.200.070.09

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥12.06bnCN¥10.54bnCN¥10.18bnCN¥10.03bnCN¥8.57bnCN¥8.27bnCN¥8.30bnCN¥11.98bnCN¥12.02bnCN¥12.07bn
Cash and short-term investments—CN¥2.48bnCN¥2.22bnCN¥2.02bnCN¥1.66bnCN¥1.44bnCN¥1.51bnCN¥1.88bnCN¥2.66bnCN¥3.52bn
Total liabilitiesCN¥3.72bnCN¥2.88bnCN¥2.87bnCN¥3.44bnCN¥2.85bnCN¥2.65bnCN¥2.94bnCN¥6.90bnCN¥7.22bnCN¥7.38bn
DebtCN¥465.9mCN¥125.0mCN¥635.8mCN¥665.8mCN¥552.7mCN¥448.9mCN¥784.8mCN¥3.77bnCN¥4.38bnCN¥4.63bn
Shareholders' equityCN¥8.38bnCN¥7.69bnCN¥7.35bnCN¥6.62bnCN¥5.75bnCN¥5.65bnCN¥5.38bnCN¥5.10bnCN¥4.82bnCN¥4.71bn
Shares outstanding1,147m1,146m1,146m1,147m1,159m1,146m1,147m1,145m1,145m1,143m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥1.35bnCN¥1.17bnCN¥904.0mCN¥1.32bnCN¥910.3mCN¥1.03bnCN¥1.07bnCN¥1.13bnCN¥931.8mCN¥1.14bn
Capital spending−CN¥916.7m−CN¥480.3m−CN¥377.9m−CN¥590.1m−CN¥563.4m−CN¥643.3m−CN¥732.4m−CN¥1.14bn−CN¥1.24bn−CN¥1.49bn
Free cash flowCN¥438.0mCN¥685.3mCN¥526.1mCN¥734.6mCN¥346.9mCN¥387.2mCN¥336.8m−CN¥11.0m−CN¥312.6m−CN¥349.3m
Dividends paid−CN¥10.8m−CN¥215.7m−CN¥17.1m−CN¥32.5m−CN¥103.2m−CN¥91.7m−CN¥176.3m−CN¥219.9m−CN¥264.9m−CN¥163.2m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥2.46bnCN¥3.08bnCN¥3.08bnCN¥2.62bnCN¥2.44bnCN¥3.12bnCN¥2.97bnCN¥2.60bn
Gross profitCN¥213.8mCN¥239.4mCN¥384.3mCN¥288.3mCN¥195.0mCN¥265.1mCN¥164.7mCN¥302.0m
Operating incomeCN¥136.1mCN¥167.5mCN¥198.7mCN¥215.3mCN¥200.1mCN¥206.4mCN¥177.3mCN¥168.4m
Net incomeCN¥219.6mCN¥172.1mCN¥161.5mCN¥172.4mCN¥145.8mCN¥168.4mCN¥128.3mCN¥132.8m
Diluted earnings per share0.190.150.140.150.130.150.110.12
Cash from operations———CN¥460.0mCN¥424.0mCN¥290.0m—CN¥288.0m
Capital spending−CN¥228.0m−CN¥246.0m−CN¥342.0m−CN¥134.0m−CN¥291.0m−CN¥147.0m−CN¥162.0m−CN¥104.0m
Free cash flow———CN¥326.0mCN¥133.0mCN¥143.0m—CN¥184.0m
Total assetsCN¥12.24bnCN¥12.17bnCN¥12.06bnCN¥11.09bnCN¥10.82bnCN¥10.43bnCN¥10.54bnCN¥10.31bn
Cash and short-term investments———CN¥3.21bnCN¥2.86bnCN¥2.51bnCN¥2.48bnCN¥2.43bn
DebtCN¥655.9mCN¥603.8mCN¥465.9mCN¥185.2mCN¥352.6mCN¥306.8mCN¥125.0mCN¥220.0m
Shareholders' equityCN¥8.58bnCN¥8.57bnCN¥8.38bnCN¥8.20bnCN¥8.03bnCN¥7.88bnCN¥7.69bnCN¥7.56bn

Financial ratios

Data as of 11 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin16.4%7.5%8.6%10.2%5.1%10.0%
Operating margin7.6%6.5%8.0%9.7%4.3%6.6%
Net margin5.8%4.7%6.2%7.7%2.4%4.3%
Return on equity7.7%6.7%9.3%12.9%3.2%5.3%
Return on assets5.4%4.9%6.7%8.5%2.2%3.6%
Free cash flow yield32.1%23.2%18.1%27.0%20.6%23.6%
Revenue growth4.0%-0.5%-2.1%42.0%12.8%5.0%
Earnings growth26.4%-24.6%-20.5%359.3%-37.9%7.1%
Current ratio1.58x1.53x1.50x1.16x1.02x1.18x
Debt to equity0.06x0.05x0.03x0.08x0.07x0.06x
Equity ratio69.5%73.0%72.2%66.0%67.1%68.3%
Interest coverage64.54x33.64x36.26x30.97x7.40x8.26x
R&D as a share of sales0.0%0.0%0.0%0.0%0.0%0.0%
Buybacks as a share of market value-0.0%-0.0%0.0%1.1%-1.2%0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue0.4%10.2%7.1%
Operating income-14.0%11.0%2.7%
Net income-8.8%16.7%5.8%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin12.0%10.7%9.9%10.8%
Operating margin6.1%7.4%6.7%6.3%
Net margin5.3%6.1%5.4%4.9%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings10.112.613.88.625.414.014.416.566.662.2
Price to sales0.60.60.90.70.60.60.60.61.11.3

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 25 Jul 2024.

FY2024FY2021FY2020FY2015FY2014FY2013FY2012FY2008
Paid in the year0.180.090.080.150.110.100.100.05
  • 1-to-1 reverse split · 31 Oct 2005
  • 3-for-2 split · 19 Apr 2004
  • 2-for-1 split · 2 Jun 2003
  • 1.423-for-1 split · 12 Oct 1999
  • 6-for-5 split · 18 Mar 1999
  • 6-for-5 split · 27 Apr 1998

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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