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Yanzhou Coal Company profile

About Yankuang Energy Group Co Ltd

Yankuang Energy Group Co Ltd, formerly Yanzhou Coal Mining Co Ltd is a China-based international comprehensive energy company engaged in coal and coal chemical industry. The Company operates in four segments. The Mining segment is mainly engaged in underground and opencast coal mining, processing and sales, and potash exploration. The Coal Railway Transportation segment mainly provides coal railway transportation services. The Methanol, Electricity and Heat Supply segment mainly produces and sells methanol and provides electricity and related heat supply business. The Equipment Manufacturing and Chemical Products segment is mainly engaged in the manufacture of comprehensive coal mining and excavation equipment, and the production and sales of chemical products. The Company's coal products mainly include thermal coal, pulverized coal injection (PCI), and coking coal. The coal chemical products mainly include methanol, ethylene glycol, acetic acid, ethyl acetate, crude liquid wax, etc.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Yankuang Energy Group Co Ltd revenues increased 57% to RMB108.62B. Net income applicable to common stockholders increased from RMB6.32B to RMB16.94B. Revenues reflect Gross sales of chemical products increase from RMB2.43B to RMB21.4B, Gross Sales of Coal increase of 28% to RMB83.8B, Gross Sale of Electricity Power increase from RMB650.6M to RMB2.7B.