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Yanzhou Coal Mining Co Ltd

 
Hoover's Profile: Yanzhou Coal Mining Company Limited
(NYSE:YZC)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Yanzhou Coal Mining Company Limited
298 Fushan South Rd.
Zoucheng, Shandong 273500, China
Tel. +86-537-538-2319
Fax +86-537-538-3311

Type: Public
On the web: http://www.yanzhoucoal.com.cn
Employees: 47,389
Employee growth: 10.8%

Yanzhou Coal Mining is helping fuel China's industrialization. The company is a leader in coal production in Eastern China, where its conducts most of its sales. The company produces more than 35 million tons per year -- about 85% is sourced from Eastern provinces -- and has about 2 billion tons in proved and probable reserves. Yanzhou Coal operates six mines, producing both thermal coal for electric generation and coking coal for metallurgical production. The company's Australian mining project commenced production in 2006. It also owns major rail transport assets. State-owned Yankuang Group holds a controlling stake in Yanzhou Coal.

Key numbers for fiscal year ending December, 2008:
Sales: $3,633.4M
One year growth: 75.9%
Net income: $945.4M
Income growth: 114.3%

Officers:
Chairman: Wang Xin
General Manager: Li Weimin
Deputy General Manager and Director: Wang Xinkun

Competitors:
BHP Billiton
China Shenhua Energy
Nippon Coke & Engineering

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