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← CockpitCompetitor Analysis › 600997.SS Kailuan Energy Chemical Co., Ltd. Class AOpen in the cockpit ↗

Kailuan Energy Chemical Co., Ltd. Class A600997.SSCompetitor analysis, valuation and peers

China · CNY·Energy›Coal

One of China's oldest coal-mining groups (roots to 1878, the Kailuan mines); coal mining and coal-chemical products.

Momentum strong 73
Mkt cap
$1.28B
US dollars, full cap
Free float
79%
of shares outstanding
$/day
$13.5M
20-day average traded
P/B
0.63×
price to book
ROE
-1.4%
delivered
Implied ROE
4.0%
what the price asks
Next earnings
143 days
29 Mar 2027
Close · CNYCN¥5.38
1D-2.0%
1W-0.9%
1M+1.3%
3M-5.9%
6M-8.7%
YTD-6.4%
1Y-28.1%
ATR %4.0%
52w lowhigh26.8% off high

What Kailuan Energy Chemical does

One of China's oldest coal-mining groups (roots to 1878, the Kailuan mines); coal mining and coal-chemical products.

Sells coking coal, which steel mills turn into coke, and thermal coal at prices that follow market cycles, with coal-chemical products adding a second revenue stream. It belongs to Kailuan Group, a state-owned coal company in Tangshan, Hebei; mine output and coal prices are the main drivers.

Products and services

  • Thermal/coking coal
  • Coal-chemical products

Customers

  • Power plants
  • Steel mills
  • Chemical processors

Where it sits in the supply chain

  • Energy
  • Coal mining
  • Coal chemicals

What could go right

  • Domestic coal and coal-chemical demand

What could go wrong

  • Coal-price cycles
  • Safety/environmental regulation

Moat: narrow (scale, installed base). A century-old, large-scale mining base in Hebei with long-established regional infrastructure.

Headquarters: Tangshan, Hebei, China · Founded: 1878 · Employees: 13,895

Named competitors

Kailuan Energy Chemical at a glance

Size Kailuan Energy Chemical (600997.SS) is a China Energy company (Coal) with a market value of $1.28B, the 1871st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.38 on 6 Nov 2026.

Performance Over six months the shares fell 8.7%, against -11.5% for the median peer and -16.4% for the China market (cap-weighted) — 10th highest of 21 in its peer set.

Growth Revenue grew 5.1% over the last twelve months (peer median +3.3%); the operating margin is -1.6% (peer median 0.4%).

Valuation It trades at 0.63× book value against a peer median of 1.08× (4th cheapest of 21).

Price implies The share price implies a return on equity of about 4.0%; Kailuan Energy Chemical delivers -1.4%, so the price asks more than the business earns today.

Next results Next results expected around 29 Mar 2027 (exchange calendar; dates can move).

Relative performance

809010011011 May 202611 Aug 20266 Nov 2026600997.SS 91Peer median 88
Six months, rebased to 100: Kailuan Energy Chemical against the median of its 20 peers (local-currency closes).

Kailuan Energy Chemical financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥19.5BCN¥17.1BCN¥21.1BCN¥22.8BCN¥25.9B
Revenue growth—-19%-7%-12%—
Gross profitCN¥2.10BCN¥1.24BCN¥2.46BCN¥3.04BCN¥4.03B
EBITDAn/aCN¥920MCN¥1.90BCN¥2.32BCN¥3.26B
Net income-CN¥197M-CN¥32.4MCN¥816MCN¥1.09BCN¥1.85B
Free cash flow-CN¥578M-CN¥1.38BCN¥93.3M-CN¥380MCN¥2.68B
Capital expenditureCN¥565MCN¥839MCN¥1.12BCN¥1.03BCN¥1.43B
Total debtCN¥6.31BCN¥6.75BCN¥6.23BCN¥6.77BCN¥5.64B

Quarterly statements and history in the cockpit →

Kailuan Energy Chemical competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%-10%0%-20%-10%0%600971600508600123600740MAHSMRNRP600395063960101509751277AMRBTU600403JSW600121000723601101600997.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Kailuan Energy Chemical is the large dot.

Fundamentals: return on equity against price-to-book

-75%-50%-25%0%20×40×600971600508MAHSMRNRP6010151277AMR600403JSW600121601011600997.SSReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Kailuan Energy Chemical is the large dot.

Capital: ROE delivered against the ROE the price implies

-50%0%-50%0%600971600508MAHSMRNRP601015600403JSW600121000723600997.SSROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Kailuan Energy Chemical is the large dot.

Kailuan Energy Chemical competitors and peer comparison

Head to head with its named competitors (600997.SS vs 601088.SS vs 601898.SS)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
Kailuan Energy Chemical 600997.SS$1.28B-9%+5%-1%0.63×4.0%
China Shenhua Energy 601088.SS$151B+1%-13%13%2.36×6.4%
China Coal Energy 601898.SS$22.6B-31%-4%11%1.02×3.3%

How Kailuan Energy Chemical compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Kailuan Energy Chemical against its 20 peers (data as of 6 Nov 2026)
Measure600997.SSPeer medianRank in peer set
1-month return+1.3%-15.1%2nd highest of 21
6-month return-8.7%-11.5%10th highest of 21
Return on equity-1.4%-0.5%11th highest of 21
Price / book0.63×1.08×4th cheapest of 21
ROE the price implies4.0%8.8%2nd least demanding of 21
ROE delivered-1.4%-0.5%11th highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Kailuan Energy Chemical 600997.SSChina$1.28B-9%+5%-1%0.63×4.0%-1.4%
Anhui Hengyuan Coal Industry and Electricity Power 600971.SSChina$1.30B-13%+34%2%0.72×4.7%1.7%
Shanghai Datun Energy Resources 600508.SSChina$1.32B+14%+15%2%0.68×4.5%2.4%
Shanxi Lanhua Sci-Tech Venture 600123.SSChina$1.34B-14%+8%-3%0.58×3.2%-2.6%
Shanxi Coking 600740.SSChina$1.34B-19%0%1%0.59×4.8%1.3%
Macmahon MAH.AXAustralia$1.35B+6%+8%14%2.69×23.4%14.1%
Stanmore Resources SMR.AXAustralia$1.54B+5%-6%-2%0.97×9.5%-2.4%
Natural Resource Partners L.P NRPUnited States$1.56B+6%-10%16%2.37×11.0%15.9%
Guizhou Panjiang Refined Coal 600395.SSChina$1.60B-10%+6%5%0.98×5.9%5.4%
Shougang Fushan Resources 0639.HKHong Kong$1.66B-4%+33%5%0.79×6.5%5.1%
Shaanxi Heimao Coking 601015.SSChina$965M-22%-13%-21%1.43×12.4%-21.1%
Mongolian Mining 0975.HKHong Kong$899M-27%+26%9%0.69×6.1%9.3%
Kinetic Development 1277.HKHong Kong$1.84B-15%-3%13%1.42×8.2%13.0%
Alpha Metallurgical Resources AMRUnited States$1.87B-20%-13%-3%1.25×10.4%-3.0%
Peabody Energy BTUUnited States$1.95B-32%+3%-4%0.55×5.3%-4.3%
Henan Dayou Energy 600403.SSChina$2.04B-2%+6%-54%5.11×43.3%-54.5%
Jastrzebska Spolka Weglowa JSW.WAPoland$788M-6%-8%-112%1.53×17.7%-111.7%
Zhengzhou Coal Industry & Electric Power 600121.SSChina$786M+1%-5%-75%7.80×63.1%-75.0%
Shanxi Meijin Energy 000723.SZChina$2.15B-27%-2%-11%1.19×13.1%-10.9%
Baotailong New Materials 601011.SSChina$724M-20%+25%-10%0.91×9.1%-9.9%
Beijing Haohua Energy Resource 601101.SSChina$2.39B-5%+3%9%1.25×8.6%9.5%

Questions

Who are Kailuan Energy Chemical's main competitors?
Named competitors: China Shenhua Energy (601088.SS), China Coal Energy (601898.SS). The cockpit's measured peer set (industry) also includes Anhui Hengyuan Coal Industry and Electricity Power (600971.SS), Shanghai Datun Energy Resources (600508.SS), Shanxi Lanhua Sci-Tech Venture (600123.SS), Shanxi Coking (600740.SS), Macmahon (MAH.AX), Stanmore Resources (SMR.AX).
Is Kailuan Energy Chemical expensive compared with its peers?
On price / book it trades at 0.63× against a peer median of 1.08×, 4th cheapest of 21 in its peer set. The share price implies a return on equity of about 4.0%; Kailuan Energy Chemical delivers -1.4%, so the price asks more than the business earns today.
How has Kailuan Energy Chemical stock performed?
Over six months to 6 Nov 2026 the shares returned -8.7% against -11.5% for the median peer; over one year -28.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.