Financial Performance - Yanzhou Coal Industry Co., Ltd. expects a net profit increase of 3.99 to 5.07 billion yuan for 2017, representing a year-on-year growth of approximately 193% to 245%[3] - The net profit attributable to shareholders, excluding non-recurring gains and losses, is projected to increase by 3.37 to 4.45 billion yuan, indicating a year-on-year increase of about 226% to 299%[3] - The previous year's net profit attributable to shareholders was 2.0646 billion yuan, with a net profit of 1.4895 billion yuan after excluding non-recurring gains and losses[5] Factors Influencing Profit - The significant profit increase is primarily due to higher coal prices and increased sales volume from new mines and acquisitions[6] Financial Data Adjustments - The company acquired equity in Yancoal Group Financial Co., Ltd., leading to adjustments in the previous year's financial data[3] Earnings Forecast - The earnings forecast has not been audited by registered accountants[4] - There are no major uncertainties affecting the accuracy of the earnings forecast[7] - The forecast data is preliminary and the final figures will be disclosed in the official 2017 annual report[8] Investment Risks - The company emphasizes the importance of recognizing investment risks associated with the forecast[8] - The financial data presented is based on Chinese accounting standards, and investors should be aware of the differences in financial data preparation[8]
兖矿能源(600188) - 2017 Q4 - 年度业绩预告