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Shan Xi Hua Yang Group New Energy Co.,Ltd. (China)

Main Activities: Coal Mining | Petroleum and Coal Products Manufacturing
Secondary Activities: Electric Power Generation, Transmission and Distribution
Full name: Shan Xi Hua Yang Group New Energy Co.,Ltd. Profile Updated: November 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Shan Xi Hua Yang Group New Energy Co., Ltd. is a company located in Yangquan, China. The company specializes in coal production, processing, and sales, as well as electricity and heat production and sales. Its main customers include Hebei Power, Shandong Power, Huaneng Power, Ansteel, Shougang, Tangsteel, and small and medium-sized chemical and fertilizer companies. The company operates two modern mines that utilize advanced coal mining technology, including high levels of mechanization. The mining process incorporates advanced equipment and processes for detection, excavation, ventilation, and transportation. Shan Xi Hua Yang Group New Energy Co., Ltd. has received various honors and awards, including the "China Coal Industry Excellent Enterprise Award" and the "Coal Industry Excellence Award - Jinshi Award." Its mines have been recognized as "high-yield and high-efficiency mines" and "superior quality standardized and modernized mines" for multiple consecutive years. One of the mines has been commended by the Shanxi Provincial Party Committee and Provincial Government and received the national "May 1st Labor Certificate" for its outstanding achievements. The company has achieved international advanced and domestic leading levels in gas management technology and has been awarded national third-class and special awards by the former Ministry of Coal. It has maintained a record of 24 consecutive years without gas or coal dust accidents and is regarded as a national model for gas management. On January 22, 2021, the company changed its Chinese name from "Yangquan Coal Industry (Group) Co., Ltd." to "Shan Xi Hua Yang Group New Energy Co., Ltd."

Headquarters
No. 2, Taobei West Street, Mining District, Yangquan City, Shanxi Province
Yangquan; Shanxi; Postal Code: 045000

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Website: http://yqmy.ymjt.com.cn

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:
December 30, 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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General Manager
Ownership Details
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55.52%
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1.55%
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0.87%
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0.69%
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0.64%
Subsidiaries
Donghai Securities Co., Ltd.
Huatai Optical Storage (Datong) Co., Ltd.
Huayang Coal-Based New Materials (Shanxi) Co., Ltd
Company Performance
Financial values in the chart are available after Shan Xi Hua Yang Group New Energy 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
-14.09%
Total operating revenue
-14.06%
Operating profit (EBIT)
-55.52%
Net Profit (Loss) for the Period
-57.05%
Total assets
9.33%
Total equity
9.55%
Operating Profit Margin (ROS)
-14.39%
Net Profit Margin
-11.22%
Return on Equity (ROE)
-9.23%
Debt to Equity Ratio
8.17%
Quick Ratio
-0.27%
Cash Ratio
-0.27%

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