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inner mongolia yitai coal-b (900948) Snapshot

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inner mongolia yitai coal-b (900948) Details

Inner Mongolia Yitai Coal Company Limited engages in the mining, production, and sale of coal products in the Inner Mongolia Autonomous region of the People’s Republic of China. It operates through four segments: Coal, Transportation, Coal-Related Chemical, and Others. The company also provides road and railway transportation services to coal companies; produces and sells coal-based synthetic fuels and coal-related chemicals; develops, produces, and sells medicines; and operates hotels. In addition, it is involved in the motor transportation, storage and transportation, coal wholesale, coal technology development and consulting, biotechnology, and finance service activities. The company was founded in 1997 and is based in Ordos City, the People’s Republic of China. Inner Mongolia Yitai Coal Company Limited is a subsidiary of Inner Mongolia Yitai Group Co., Ltd.

7,121 Employees
Last Reported Date: 03/18/15
Founded in 1997

inner mongolia yitai coal-b (900948) Top Compensated Officers

President, General Manager, Executive Directo...
Total Annual Compensation: CNY1.1M
Chairman, Chairman of Production Committee, C...
Total Annual Compensation: CNY2.0M
Chief Financial Officer, Chief of Accounting,...
Total Annual Compensation: CNY874.0K
Executive Director, Member of Strategic Plann...
Total Annual Compensation: CNY1.3M
Executive Director
Total Annual Compensation: CNY688.0K
Compensation as of Fiscal Year 2014.

inner mongolia yitai coal-b (900948) Key Developments

Inner Mongolia Yitai Coal Co. Ltd. and Inner Mongolia Yitai Group Co., Ltd. Enter into Joint Venture Agreement

The board of Inner Mongolia Yitai Coal Co. Ltd. announced that the company and Inner Mongolia Yitai Group Co., Ltd. entered into the joint venture agreement on 13 July 2015 for joint establishment of Yitai Finance Company, in order to integrate internal and external financial resources, strengthen risk control, aggregate idle funds, decrease financing cost, accelerate turnover of capital to increase capital usage efficiency, effectively bring into play the existing financial and capital economies of scale of the Company so as to cater for the needs of the Company and Yitai Group to develop into a comprehensive international energy resources enterprise of integration of coal and coal chemistry. The registered capital of the Yitai Finance Company was temporarily to be RMB 1 billion, of which RMB 400 million will be contributed by the Company in currency, representing 40% of the total registered capital, and RMB 600 million by Yitai Group in currency, representing 60% of the total registered capital. Meanwhile, the Company proposes to fully authorize Yitai Group to deal with the matters relating to the establishment of the Yitai Finance Company.

Inner Mongolia Yitai Coal Co. Ltd. Declares Profit Distribution for 2014

Inner Mongolia Yitai Coal Co. Ltd. declares profit distribution for 2014 of RMB 2.08 (tax included) for every ten shares and USD 0.034002 cash dividend (tax included) per B share. The cash dividend payable per B shares was July 15, 2015 to the shareholders of record as on June 29, 2015. The ex-dividend date is June 25, 2015.

Inner Mongolia Yitai Coal Co. Ltd. Approves Amendments to the Articles of Association

Inner Mongolia Yitai Coal Co. Ltd. announced that at the annual general meeting of 2014 held on June 9, 2015, the company approved amendments to the company's articles of association.


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Valuation 900948 Industry Range
Price/Earnings 14.5x
Price/Sales 0.9x
Price/Book 0.9x
Price/Cash Flow 13.1x
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