How much revenue does Shandong Xinchao Energy make?

Shandong Xinchao Energy reported 8.36 billion CNY in revenue for fiscal year 2024, down 5.5% from 8.85 billion CNY in fiscal year 2023. In Q2 2025 revenue was 1.81 billion CNY.

What is Shandong Xinchao Energy's largest business segment?

Oil and Gas Extraction, with 7.27 billion CNY or 100% of segment revenue in fiscal year 2025. Next: Other (under 1%).

Where does Shandong Xinchao Energy make most of its revenue?

U.S.: 100% of revenue by region in fiscal year 2025, followed by China (under 1%).

Shandong Xinchao Energy Corporation Limited (600777.SS) Stock

About Shandong Xinchao Energy Corporation Limited

Shandong Xinchao Energy Corporation Limited engages in the exploration, development, and sale of oil and natural gas in the United States and China. It holds interest in oil fields in Crosby County, Texas; and shale oil and gas properties in Howard and Borden counties, Texas. The company was formerly known as Yantai Xinchao Industry Co., Ltd. and changed its name to Shandong Xinchao Energy Corpora...

At a glance

Shandong Xinchao Energy reported revenue of 8.36 billion CNY for fiscal year 2024, down 5.5% from fiscal year 2023, and net income of 2.04 billion CNY. In Q2 2025 (the quarter ended June 30, 2025) revenue was 1.81 billion CNY, down 18.6% from a year before. Its largest business segment, Oil and Gas Extraction, brought in 100% of segment revenue in fiscal year 2025; U.S. was the largest region with 100%.

Figures from company filings; latest fiscal year ended December 31, 2024.

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Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.