Coal miner and coal-to-chemicals producer in Shanxi, part of a group known for coal-to-liquid conversion technology.
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.
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
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).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥28.9B | CN¥27.6B | CN¥32.2B | CN¥42.6B | CN¥53.8B |
| Revenue growth | — | -14% | -25% | -21% | — |
| Gross profit | CN¥12.9B | CN¥8.55B | CN¥9.25B | CN¥19.6B | CN¥29.4B |
| EBITDA | n/a | CN¥3.90B | CN¥7.15B | CN¥15.4B | CN¥24.9B |
| Net income | CN¥2.24B | CN¥1.12B | CN¥2.45B | CN¥7.92B | CN¥14.2B |
| Free cash flow | -CN¥3.70B | CN¥4.84B | -CN¥7.96B | CN¥8.26B | CN¥33.1B |
| Capital expenditure | CN¥8.33B | CN¥202M | CN¥13.0B | CN¥678M | CN¥751M |
| Total debt | CN¥6.65B | CN¥3.31B | CN¥1.74B | CN¥3.77B | CN¥9.06B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req 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% |
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.
| Measure | 601699.SS | Peer median | Rank 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 margin | 9.9% | 9.4% | 10th highest of 21 |
| Forward P/E | 10.9× | 11.0× | 9th cheapest of 18 |
| ROIC minus cost of capital | +2.5 pp | +1.1 pp | 7th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shanxi Lu'An Environmental Energy Development 601699.SS | China | $6.03B | -17% | -1% | 10% | 10.9× | n/a | n/a |
| Huaibei Mining 600985.SS | China | $5.70B | -5% | +9% | 7% | 11.2× | -5.8% | -4.7% |
| Shanxi Coking Coal Energy 000983.SZ | China | $5.38B | -10% | -5% | 9% | 12.7× | -6.4% | +2.7% |
| Yancoal Australia YAL.AX | Australia | $5.07B | -16% | -1% | 8% | 10.4× | -2.3% | +10.6% |
| Shan Xi Hua Yang Group New Energy 600348.SS | China | $4.54B | -20% | -10% | 21% | 12.8× | n/a | n/a |
| Warrior Met Coal HCC | United States | $4.44B | -2% | +37% | 14% | 8.6× | n/a | n/a |
| Whitehaven Coal WHC.AX | Australia | $3.97B | -10% | -7% | 10% | 10.6× | 4.2% | +28.2% |
| Core Natural Resources CNR | United States | $3.94B | -7% | +30% | -1% | 16.4× | -1.6% | +32.9% |
| Jinneng Holding Shanxi Coal Industry 601001.SS | China | $3.87B | -20% | +4% | 24% | 11.8× | -13.4% | +3.7% |
| Jiangsu Xukuang Energy 600925.SS | China | $3.77B | -10% | +19% | 10% | n/a | -2.7% | +4.8% |
| China Coal Xinji Energy 601918.SS | China | $3.67B | +5% | +28% | 24% | 10.2× | n/a | n/a |
| Shanxi Coal International Energy 600546.SS | China | $3.29B | -21% | -10% | 21% | 9.9× | -16.9% | -10.0% |
| Alliance Resource Partners, L.P ARLP | United States | $3.14B | -2% | -2% | 18% | 8.2× | -10.0% | +10.6% |
| New Hope NHC.AX | Australia | $3.08B | +5% | 0% | 16% | 11.0× | -1.1% | +11.0% |
| Pingdingshan Tianan Coal Mining 601666.SS | China | $2.83B | -10% | +17% | 8% | 14.4× | n/a | n/a |
| Jizhong Energy Resources 000937.SZ | China | $2.48B | -17% | +7% | 8% | 15.2× | -4.2% | -6.0% |
| Beijing Haohua Energy Resource 601101.SS | China | $2.39B | -5% | +3% | 24% | 9.3× | -9.6% | +14.4% |
| Shanxi Meijin Energy 000723.SZ | China | $2.15B | -27% | -2% | -8% | n/a | n/a | n/a |
| Henan Dayou Energy 600403.SS | China | $2.04B | -2% | +6% | -29% | n/a | n/a | n/a |
| Peabody Energy BTU | United States | $1.95B | -32% | +3% | -4% | 6.3× | n/a | n/a |
| Alpha Metallurgical Resources AMR | United States | $1.87B | -20% | -13% | -2% | 22.5× | n/a | n/a |