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Qinghai Jinrui Mining Development Co.,Ltd (China)

Main Activities: Other Basic Inorganic Chemical Manufacturing
Full name: Qinghai Jinrui Mining Development Co.,Ltd Profile Updated: November 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Qinghai Jinrui Mineral Development Co., Ltd is a new type of integrated company that focuses on coal production and sales, as well as the comprehensive development and utilization of strontium mineral resources in Qinghai. The company is dedicated to the exploration, mining, and deep processing research and development of strontium series products in the Dafengshan strontium mine field in Qinghai. In November 2009, the company underwent a major asset restructuring, with Qinghai Provincial Investment Group Co., Ltd., the substantial controlling shareholder, injecting the coal business of Qinghai Xihai Coal Development Co., Ltd., in which it held 100% equity, into the company. This expanded the company's main business from solely producing and selling strontium carbonate to also include coal production and sales. In 2015, the company underwent another major asset restructuring, successfully achieving an industrial upgrade and transformation from a traditional upstream coal resource-based enterprise to a midstream and downstream chemical industry.

Headquarters
No. 36, Xinning Road, Xining City, Qinghai Province
Xining; Qinghai; Postal Code: 810008

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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:
May 27, 1996
Key Executives
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Chairman
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Chairman of the Supervisory Board
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Director
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Director
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Director
Ownership Details
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29.99%
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14.55%
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5.24%
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2.24%
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1.05%
Subsidiaries
Chongqing Qinglong Fine Strontium Salt Chemical Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Qinghai Jinrui Mining Development Co.,Ltd report is purchased.
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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
35.42%
Total operating revenue
33.68%
Operating profit (EBIT)
166.56%
Net Profit (Loss) for the Period
140.04%
Total assets
5.55%
Total equity
3.3%
Operating Profit Margin (ROS)
5.9%
Net Profit Margin
4.13%
Return on Equity (ROE)
1.8%
Quick Ratio
-2.18%
Cash Ratio
1.72%

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