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Shanxi Coking Coal Energy Group Co.,Ltd. (China)

Main Activities: Fossil Fuel Electric Power Generation | Water, Sewage and Other Systems | Petroleum and Coal Products Manufacturing
Full name: Shanxi Coking Coal Energy Group Co.,Ltd. Profile Updated: April 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Chinese Download a sample report

Shanxi Coking Coal Energy Group Co., Ltd., located in Taiyuan, is a leading national producer of coking coal and one of the first pilot units for a circular economy in China. The company primarily extracts coal resources from three major coalfields: Xishan, Hedong, and Huoxi, covering an area of 789 square kilometers with a total resource of 9.21 billion tons. The coal types include coking coal, fat coal, 1/3 coking coal, gas coal, lean coal, and poor lean coal, with coking coal and fat coal being considered rare resources and world treasures. The company's coal products mainly consist of coke, refined coal for coking, pulverized coal injection, electric coal, screened mixed coal, and coke. Refined coal for coking, in particular, has various advantages such as low ash, low sulfur, low phosphorus, high bonding index, and strong coking properties. The products are sold in more than 20 provinces, cities, and autonomous regions in China, as well as exported to multiple countries in Asia, Europe, and South America. The company has received numerous honors and awards, including the National May 1st Labor Certificate, National Excellent Enterprise in Ideological and Political Work, and National Model Workers' Home. Their "Technology and System for Pre-control and Supervision of Coal Mine Ventilation Gas Exceeding Limits" was awarded the National Science and Technology Progress Second Prize. Prominent Chinese leaders, including Jiang Zemin, Hu Jintao, Wu Bangguo, Zhu Rongji, and Li Ruihuan, have visited Xishan for inspection and guidance. On December 16, 2020, the company changed its name from "Shanxi Xishan Coal and Electricity Co., Ltd." to "Shanxi Coking Coal Energy Group Co., Ltd."

Headquarters
318 Xikuang St. Taiyuan Shanxi
Taiyuan; Shanxi; Postal Code: 030006

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Website: http://www.xsmd.com.cn/web/shangShiGongSi

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
April 26, 1999
Key Executives
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Director
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Director
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Director
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Director
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Director
Ownership Details
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57.52%
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2.01%
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0.95%
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0.95%
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0.95%
Subsidiaries
Gujiao Xishan Power Generation Co., Ltd.
100%
Shanxi Fenxi Mining Group Shuiyu Coal Industry Co., Ltd.
100%
Shanxi Linfen Xishan Energy Co., Ltd.
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-16.02%
Total operating revenue
-16.19%
Operating profit (EBIT)
-35.54%
EBITDA
-35.47%
Net Profit (Loss) for the Period
-38.76%
Total assets
33.97%
Total equity
47.85%
Operating Profit Margin (ROS)
-7.18%
Net Profit Margin
-6.39%
Return on Equity (ROE)
-20.79%
Debt to Equity Ratio
-15.81%
Quick Ratio
0.25%
Cash Ratio
0.3%

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