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← CockpitCompetitor Analysis › 601699.SS Shanxi Lu'An Environmental Energy Development Co., Ltd. Class AOpen in the cockpit ↗

Shanxi Lu'An Environmental Energy Development Co., Ltd. Class A601699.SSCompetitor analysis, valuation and peers

China · CNY·Energy›Coal

Coal miner and coal-to-chemicals producer in Shanxi, part of a group known for coal-to-liquid conversion technology.

≈ A coal-to-liquids/chemicals integrated Chinese producerMomentum neutral 47
Mkt cap
$6.03B
US dollars, full cap
Free float
38%
of shares outstanding
$/day
$51.7M
20-day average traded
Fwd P/E
10.9×
forward earnings
ROIC−WACC
+2.5 pp
WACC 6.2%
Hurdle
n/a
no reverse DCF
Next earnings
174 days
29 Apr 2027
Close · CNYCN¥13.43
1D-1.1%
1W-7.8%
1M-12.1%
3M-8.5%
6M-16.9%
YTD+13.8%
1Y-13.3%
ATR %3.6%
52w lowhigh32.0% off high

What Shanxi Lu'An Environmental Energy Development does

Coal miner and coal-to-chemicals producer in Shanxi, part of a group known for coal-to-liquid conversion technology.

In one line: A coal-to-liquids/chemicals integrated Chinese producer.

Products and services

  • Coking/thermal coal mining
  • Coal-to-liquids/olefins products

Customers

  • Steel mills
  • Power plants
  • Chemical manufacturers

Where it sits in the supply chain

  • Energy
  • Coal
  • Coal mining and coal-to-chemicals…

What could go right

  • Coal price upcycles
  • Coal-chemical import substitution

What could go wrong

  • Coal price volatility
  • Environmental/carbon policy risk

Moat: narrow (process know-how, scale). Group-level coal-to-liquid technology adds value-added chemical output beyond raw coal sales.

Headquarters: Changzhi, China · Founded: 1999 · Employees: 36,128

Named competitors

Shanxi Lu'An Environmental Energy Development at a glance

Size Shanxi Lu'An Environmental Energy Development (601699.SS) is a China Energy company (Coal) with a market value of $6.03B, the 414th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥13.43 on 6 Nov 2026.

Performance Over six months the shares fell 16.9%, against -10.2% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.

Growth Revenue fell 1.4% over the last twelve months (peer median +3.3%); the operating margin is 9.9% (peer median 9.4%).

Valuation It trades at 10.9× forward earnings against a peer median of 11.0× (9th cheapest of 18).

Capital Return on invested capital runs 2.5 points above its cost of capital (6.2% WACC).

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

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026Peer median 89601699.SS 82
Six months, rebased to 100: Shanxi Lu'An Environmental Energy Development against the median of its 20 peers (local-currency closes).

Shanxi Lu'An Environmental Energy Development financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥28.9BCN¥27.6BCN¥32.2BCN¥42.6BCN¥53.8B
Revenue growth—-14%-25%-21%—
Gross profitCN¥12.9BCN¥8.55BCN¥9.25BCN¥19.6BCN¥29.4B
EBITDAn/aCN¥3.90BCN¥7.15BCN¥15.4BCN¥24.9B
Net incomeCN¥2.24BCN¥1.12BCN¥2.45BCN¥7.92BCN¥14.2B
Free cash flow-CN¥3.70BCN¥4.84B-CN¥7.96BCN¥8.26BCN¥33.1B
Capital expenditureCN¥8.33BCN¥202MCN¥13.0BCN¥678MCN¥751M
Total debtCN¥6.65BCN¥3.31BCN¥1.74BCN¥3.77BCN¥9.06B

Quarterly statements and history in the cockpit →

Shanxi Lu'An Environmental Energy Development 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%600985000983YAL600348HCCWHCCNR601001600925601918600546ARLPNHC601666000937601101000723600403BTUAMR601699.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Shanxi Lu'An Environmental Energy Development is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%10×15×20×600985000983YAL600348HCCWHCCNR601001601918600546ARLPNHC601666000937601101BTUAMR601699.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Shanxi Lu'An Environmental Energy Development is the large dot.

Shanxi Lu'An Environmental Energy Development competitors and peer comparison

Head to head with its named competitors (601699.SS vs 601225.SS vs 601898.SS vs 600989.SS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Shanxi Lu'An Environmental Energy Development 601699.SS$6.03B-17%-1%10%10.9×n/a
Shaanxi Coal Industry 601225.SS$37.6B-1%-8%22%11.1×-15.1%
China Coal Energy 601898.SS$22.6B-31%-4%18%9.2×-17.0%
Ningxia Baofeng Energy 600989.SS$23.4B-31%+35%35%8.4×-7.8%

How Shanxi Lu'An Environmental Energy Development 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.

Shanxi Lu'An Environmental Energy Development against its 20 peers (data as of 6 Nov 2026)
Measure601699.SSPeer medianRank in peer set
1-month return-12.1%-10.5%9th lowest of 21
6-month return-16.9%-10.2%7th lowest of 21
Distance from 52-week high-32.0%-27.0%7th lowest of 21
Revenue growth (TTM)-1.4%+3.3%8th lowest of 21
Operating margin9.9%9.4%10th highest of 21
Forward P/E10.9×11.0×9th cheapest of 18
ROIC minus cost of capital+2.5 pp+1.1 pp7th highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Shanxi Lu'An Environmental Energy Development 601699.SSChina$6.03B-17%-1%10%10.9×n/an/a
Huaibei Mining 600985.SSChina$5.70B-5%+9%7%11.2×-5.8%-4.7%
Shanxi Coking Coal Energy 000983.SZChina$5.38B-10%-5%9%12.7×-6.4%+2.7%
Yancoal Australia YAL.AXAustralia$5.07B-16%-1%8%10.4×-2.3%+10.6%
Shan Xi Hua Yang Group New Energy 600348.SSChina$4.54B-20%-10%21%12.8×n/an/a
Warrior Met Coal HCCUnited States$4.44B-2%+37%14%8.6×n/an/a
Whitehaven Coal WHC.AXAustralia$3.97B-10%-7%10%10.6×4.2%+28.2%
Core Natural Resources CNRUnited States$3.94B-7%+30%-1%16.4×-1.6%+32.9%
Jinneng Holding Shanxi Coal Industry 601001.SSChina$3.87B-20%+4%24%11.8×-13.4%+3.7%
Jiangsu Xukuang Energy 600925.SSChina$3.77B-10%+19%10%n/a-2.7%+4.8%
China Coal Xinji Energy 601918.SSChina$3.67B+5%+28%24%10.2×n/an/a
Shanxi Coal International Energy 600546.SSChina$3.29B-21%-10%21%9.9×-16.9%-10.0%
Alliance Resource Partners, L.P ARLPUnited States$3.14B-2%-2%18%8.2×-10.0%+10.6%
New Hope NHC.AXAustralia$3.08B+5%0%16%11.0×-1.1%+11.0%
Pingdingshan Tianan Coal Mining 601666.SSChina$2.83B-10%+17%8%14.4×n/an/a
Jizhong Energy Resources 000937.SZChina$2.48B-17%+7%8%15.2×-4.2%-6.0%
Beijing Haohua Energy Resource 601101.SSChina$2.39B-5%+3%24%9.3×-9.6%+14.4%
Shanxi Meijin Energy 000723.SZChina$2.15B-27%-2%-8%n/an/an/a
Henan Dayou Energy 600403.SSChina$2.04B-2%+6%-29%n/an/an/a
Peabody Energy BTUUnited States$1.95B-32%+3%-4%6.3×n/an/a
Alpha Metallurgical Resources AMRUnited States$1.87B-20%-13%-2%22.5×n/an/a

Questions

Who are Shanxi Lu'An Environmental Energy Development's main competitors?
Named competitors: Shaanxi Coal Industry (601225.SS), China Coal Energy (601898.SS), Ningxia Baofeng Energy (600989.SS). The cockpit's measured peer set (industry) also includes Huaibei Mining (600985.SS), Shanxi Coking Coal Energy (000983.SZ), Yancoal Australia (YAL.AX), Shan Xi Hua Yang Group New Energy (600348.SS), Warrior Met Coal (HCC), Whitehaven Coal (WHC.AX).
Is Shanxi Lu'An Environmental Energy Development expensive compared with its peers?
On forward p/e it trades at 10.9× against a peer median of 11.0×, 9th cheapest of 18 in its peer set.
How has Shanxi Lu'An Environmental Energy Development stock performed?
Over six months to 6 Nov 2026 the shares returned -16.9% against -10.2% for the median peer; over one year -13.3%.

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.