China Stock Profile – Yanzhou Coal Mining Co.

(YZC)1 Statistics for YZC: P/E Long Term EPS Growth PEG Ratio Net Margin Average Rating Value Average Rating Average Target Price Current Price Year to Date Performance Institutional Ownership Short Interest as % of Float Explanation of Terms P/E - Price divided by Earnings Long Term EPS Growth - Long-Term (next 3-5 years) EPS Growth Rate estimated by Wall Street analysts PEG Ratio – P/E to Growth Ratio. Generally the lower the ratio the more attractive the stock Net Margin – Net Profit divided by Revenue Average Rating Value – Based on Ratings given by Wall Street analysts. Generally, the lower the value, the higher the rating Average Rating – Based on Ratings given by Wall Street analysts Average Target Price – Based on Target Price given by Wall Street analysts Current Price – Current Market Price of stock Year to Date Performance – Year to Date Performance in Price of stock Institutional Ownership - % of Shares held by Large Institutions Short Interest as % of Float – Short Interest in the stock as a % of Equity Float Chart of YZC 7.9 NA NA 26% 3 Hold 12.11 15.19 102% 1.81% 0.41%

YZC Company Profile YZC is involved in underground coal mining, and in the preparation, processing, sale, and railway transportation of coal. Its principal products include steam coal, which is used in the power industry; and metallurgical coal that is used with coking coal in the process of pulverized coal injection. It also transports
1

By H.U.

coal through rivers and lakes; sells coal and construction materials, trades and processes mining machinery; invests in heat and electricity; manufactures and sells mining machinery and engine products; develops integrated coal technology; operates Tianchi Coal Mine and produces methanol and other chemical products. The company was founded in 1973 and is based in Zoucheng, China. Yanzhou Coal Mining Company Limited is a subsidiary of Yankuang Group Corporation Limited. Key Executives of YZC
Mr. Yunqing Dong , 53 Sr. Admin. Officer, Director, Member of Remuneration Committee, Member of Audit Committee and Chairman of Labor Union Mr. Yu Xiang Wu , 47 Chief Financial Officer Mr. Xinkun Wang , 57 Deputy Gen. Mang., Director of Shandong Yanmei Shipping Co Ltd Mr. Xinghua Ni , 52 Chief Engineer Mr. Baocai Zhang , 41 Head of Information Management Department, Company Sec.

Major Holders of YZC
TOP INSTITUTIONAL HOLDERS Holder Invesco Ltd. Bank of New York Mellon Corporation DIMENSIONAL FUND ADVISORS INC ROYAL BANK OF SCOTLAND GROUP, PLC UBS AG RENAISSANCE TECHNOLOGIES, LLC BARCLAYS PLC ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Claymore Advisors, LLC MORGAN STANLEY TOP MUTUAL FUND HOLDERS Shares 1,429,334 1,179,771 961,010 937,013 881,254 574,900 469,700 278,700 263,055 249,267 % Out .73 .60 .49 .48 .45 .29 .24 .14 .13 .13 Value* $10,248,324 $8,458,958 $6,890,441 $6,718,383 $6,318,591 $4,122,033 $3,367,749 $3,834,912 $1,886,104 $1,787,244 Reported 31-Mar-09 31-Mar-09 31-Mar-09 31-Mar-09 31-Mar-09 31-Mar-09 31-Mar-09 30-Jun-09 31-Mar-09 31-Mar-09

Holder Powershares Exhg Traded Fd-Powershares Golden Dragon Halter DFA INVESTMENT DIMENSIONS-DFA EMERGING MKTS VALUE Claymore ETF Tr-Claymore BNY BRIC ETF DFA Emerging Markets Core Equity Portfolio USAA Mutual Fd Tr-Emerging Markets Fd SEI INSTITUTIONAL INTL TREMERGING MARKETS EQUITY FUND Profunds-UltraChina Profund First Tr Exchange Traded Fd-First Tr ISE Chindia Index Fund DFA Investment Dimensions-Emerging Markets Social Core Equi CAUSEWAY EMERGING MARKETS FUND

Shares 1,409,235 581,500 188,235 165,500 66,300 38,620 34,592 33,298 24,800 22,900

% Out .72 .30 .10 .08 .03 .02 .02 .02 .01 .01

Value* $13,486,378 $3,779,750 $1,069,174 $1,075,750 $376,584 $276,905 $331,045 $238,746 $161,200 $164,193

Reported 30-Apr-09 31-Jan-09 28-Feb-09 31-Jan-09 28-Feb-09 31-Mar-09 30-Apr-09 31-Mar-09 31-Jan-09 31-Mar-09

Outlook for Chinese Coal Industry According to the Energy Information Administration of the US:
Coal use in China’s electricity sector increases from 24.9 quadrillion Btu in 2006 to 57.3 quadrillion Btu in 2030, at an average rate of 3.5 percent per year (Figure 46). In comparison, coal consumption in the U.S. electric power sector is projected to grow by 0.7 percent annually, from 20.7 quadrillion Btu in 2006 to 24.3 quadrillion Btu in 2030. At the beginning of 2006, China had an estimated 350 gigawatts of coal-fired capacity in operation. To meet the demand for electricity that is expected to accompany its rapid economic growth, an additional 600 gigawatts of coal-fired capacity (net of retirements) is projected to be brought on line in China by 2030, requiring large financial investments in new coal-fired power plants and associated electricity transmission and distribution systems. In the near term, the IEO2009 projections show a substantial amount of new coal builds, with 192 gigawatts of capacity additions between 2006 and 2010. In addition to required investments in China’s electric power industry, the large increase in Chinese coal demand projected in the IEO2009 reference case indicates a continuing need for substantial investments in both coal mining and coal transportation infrastructure. Examples of some recent and forthcoming investments in China’s rail transportation system include major capacity expansions for some of the country’s existing coal railways, the planned construction of several new coal railways, the scheduled delivery of 300 modern General Electric locomotives to the Chinese Railways Ministry by 2010, and an estimated $100 billion of investment in rail services included in China’s recently approved stimulus package More than one-half (52 percent) of China’s coal use in 2006 was in the non-electricity sectors, primarily in the industrial sector. China was the world’s leading producer of both steel and pig iron in 2006. Over the projection period, coal demand in China’s non-electricity sectors is expected to increase by 13.9 quadrillion Btu, to 51 percent above the 2006 level. Because China has limited reserves of oil and natural gas, coal remains the leading source of energy in its industrial sector. In large part, coal’s declining share of industrial energy consumption in China is the result of increasing use of electricity in the sector; however, that increase also can be viewed indirectly as an increase in coal consumption, given that coal-fired power plants are projected to satisfy approximately three-fourths of China’s total power generation requirements throughout the period from 2006 to 2030. Electricity’s share of total industrial energy use rises from 18 percent in 2006 to 28 percent in 2030, while coal’s share drops from 61 percent to 51 percent.

Another potential source of future coal demand in China is the production of coal-based synthetic liquids. Rapid development of a CTL industry in China was strongly anticipated several years ago, but the government’s concerns about a number of factors, such as potential strains on water resources and shortages of coal supply, led to increased oversight of the emerging industry. As a result, many proposed CTL projects lack official government approval and are now on hold.

YZC Financial Statements
Income Statement PERIOD ENDING Total Revenue Cost of Revenue Gross Profit Operating Expenses Research Development Selling General and Administrative Non Recurring Others Total Operating Expenses 15,626 481,500 16,790 10,827 362,803 17,746 294,877 31-Dec-08 3,653,282 1,826,648 1,826,634 31-Dec-07 2,071,644 1,080,587 991,058 31-Dec-06 1,659,416 891,561 767,855

Operating Income or Loss Income from Continuing Operations Total Other Income/Expenses Net Earnings Before Interest And Taxes Interest Expense Income Before Tax Income Tax Expense Minority Interest Net Income From Continuing Ops Non-recurring Events Discontinued Operations Extraordinary Items Effect Of Accounting Changes Other Items

1,312,719

599,681

472,978

3,321 1,306,156 5,627 1,300,529 349,970 950,559

27,273 626,620 3,732 622,888 180,358 442,530

21,260 494,239 4,027 490,212 181,916 122 308,418

-

-

-

Net Income Preferred Stock And Other Adjustments

950,559 -

442,530 (134,863)

308,418 -

Net Income Applicable To Common Shares Balance Sheet PERIOD ENDING Assets Current Assets Cash And Cash Equivalents Short Term Investments Net Receivables Inventory Other Current Assets Total Current Assets Long Term Investments Property Plant and Equipment Goodwill Intangible Assets Accumulated Amortization Other Assets Deferred Long Term Asset Charges Total Assets Liabilities Current Liabilities Accounts Payable Short/Current Long Term Debt Other Current Liabilities Total Current Liabilities Long Term Debt Other Liabilities Deferred Long Term Liability Charges Minority Interest Negative Goodwill Total Liabilities Stockholders' Equity Misc Stocks Options Warrants Redeemable Preferred Stock

$950,559 31-Dec-08

$307,668 31-Dec-07

$308,418 31-Dec-06

1,410,049 450,671 120,235 218,722 2,199,678 142,311 2,075,724 43,812 152,525 123,276 6,752 4,744,077

785,683 470,145 60,342 42,248 1,358,419 179,202 1,854,222 40,945 48,809 104,422 4,274 3,590,293

766,513 379,680 74,300 45,087 1,265,579 1,505,446 1,431 6,567 47,183 11,379 2,837,585

573,300 16,348 187,421 777,069 25,819 1,064 6,129 810,080

412,368 9,871 139,799 562,038 35,372 2,050 44,743 644,204

397,838 6,410 86,508 490,756 45,272 5,082 541,110

-

-

-

Preferred Stock Common Stock Retained Earnings Treasury Stock Capital Surplus Other Stockholder Equity Total Stockholder Equity Net Tangible Assets Cash Flow Statement PERIOD ENDING Net Income Operating Activities, Cash Flows Provided By or Used In Depreciation Adjustments To Net Income Changes In Accounts Receivables Changes In Liabilities Changes In Inventories Changes In Other Operating Activities Total Cash Flow From Operating Activities Investing Activities, Cash Flows Provided By or Used In Capital Expenditures Investments Other Cashflows from Investing Activities Total Cash Flows From Investing Activities Financing Activities, Cash Flows Provided By or Used In Dividends Paid Sale Purchase of Stock Net Borrowings Other Cash Flows from Financing Activities Total Cash Flows From Financing Activities Effect Of Exchange Rate Changes Change In Cash and Cash Equivalents

721,529 3,212,467 3,933,997 $3,737,660 31-Dec-08 950,559

674,313 1,185,484 408,695 677,597 2,946,089 $2,856,335 31-Dec-07 442,530

630,539 1,665,936 2,296,475 $2,288,477 31-Dec-06 308,418

173,027 15,522 (31,836) 49,729 (59,443) (406,622) 1,040,906

172,225 33,342 (73,578) 29,735 20,002 (179,622) 624,991

139,506 (2,631) 5,196 98,925 (8,487) (227,313) 482,949

(297,365) 93,888 (103,344) (306,821)

(380,122) (13,772) (125,845) (519,739)

(402,182) (62,610) (464,792)

(122,703) (12,506) (135,209) (9,873) $589,003

(134,908) 3,290 (6,855) (1,191) (139,664) (5,537) ($39,949)

(138,753) (25,640) (1,183) (165,577) (2,528) ($149,947)

Reference

Yahoo Finance China Analyst “International Energy Outlook: Chapter 4 Coal” Energy Information Administration at www.eia.doe.gov

Sign up to vote on this title
UsefulNot useful