Jin Rong Jie·2025-07-01 03:06Core Insights - Yancoal Energy has experienced significant growth since its listing in July 1998, with its market capitalization increasing from 19.994 billion yuan to 122.156 billion yuan, reflecting the broader development of the coal industry [1][5] - The company's financial performance has shown considerable volatility in recent years, indicating cyclical trends in its operations [3] Business Overview - Yancoal Energy's main business segments include coal, coal chemical, electromechanical equipment manufacturing, and power and heat supply, with coal business contributing the highest revenue share at 65.86%, followed by coal chemical business at 18.13% [3] - Since its listing, Yancoal Energy has achieved a cumulative profit growth of 1813.54%, with a net profit of 144.25 billion yuan for the fiscal year 2024, compared to 0.754 billion yuan in its first year [3] Financial Performance - Revenue for Yancoal Energy peaked at 214.992 billion yuan in 2020, followed by a decline to 139.124 billion yuan in 2024, illustrating a fluctuating revenue trend over the past five years [3] - The net profit reached 71.22 billion yuan in 2020 and increased to 144.25 billion yuan in 2024, despite experiencing significant growth in 2021 and 2022, followed by a decline in the subsequent two years [3] Market Capitalization - Since its listing, Yancoal Energy's market capitalization has grown 5.11 times, indicating long-term investment value [5] - The peak market capitalization was recorded at 277.820 billion yuan on September 7, 2022, with a corresponding stock price of 56.14 yuan, but as of June 30, the market cap had decreased to 122.156 billion yuan, representing a loss of 155.664 billion yuan or 56.03% from its peak [5]