Shanxi Coking Co., Ltd. (600740.SS) Bundle
Discover how Shanxi Coking Co., Ltd. - founded in 1996 and employing approximately 5,528 people in Linfen, Shanxi - translates a clear mission to pioneer the efficient utilization of coke oven gas into measurable industry impact, even as it navigates a revenue of 7.51 billion CNY in 2024 (a 14.20% decline year-on-year) and a market capitalization near 9.74 billion CNY as of December 12, 2025; this profile unpacks how its vision to be a "highly exemplary" leader and core values - integrity, sustainability, innovation, customer commitment, and employee empowerment - drive investments in advanced technologies, emissions reduction, and upgrades across coke, benzene, carbon black, methanol, and naphthalene operations (listed on the Shanghai Stock Exchange as 600740.SS) so you can evaluate the strategy, financial context, and operational priorities that shape its sector influence-read on to explore the full story
Shanxi Coking Co., Ltd. (600740.SS) - Intro
Overview Shanxi Coking Co., Ltd. (600740.SS) is a leading Chinese enterprise specializing in the production and sale of coke and downstream chemical products-benzene, carbon black, methanol, and naphthalene. Headquartered in Linfen, Shanxi Province and established in 1996, the company is a core subsidiary of Shanxi Coking Group Co., Ltd., transforming coking coal into coke for the steel industry. As of 2024 the company employed approximately 5,528 people. In 2024 Shanxi Coking reported revenue of 7.51 billion CNY (a 14.20% decrease vs. prior year). The company is listed on the Shanghai Stock Exchange (ticker 600740) with an approximate market capitalization of 9.74 billion CNY as of December 12, 2025. The company emphasizes innovation and sustainability through investment in advanced production technologies and environmental controls.- Founded: 1996; Headquarters: Linfen, Shanxi Province
- Employees: ~5,528 (2024)
- Main products: Coke, benzene, carbon black, methanol, naphthalene
- 2024 Revenue: 7.51 billion CNY (-14.20% YoY)
- Market cap (12-Dec-2025): ~9.74 billion CNY
- Deliver high-quality coke and chemical feedstocks that enable steelmaking and downstream industries to operate efficiently and sustainably.
- Continuously improve process efficiency and environmental performance through technology and management innovation.
- Create long-term value for shareholders, employees, local communities, and industrial customers.
- Be recognized as a national leader in low-emission, high-efficiency coking and chemical production.
- Drive the transition of the coking sector toward cleaner energy use, circular carbon management, and resource-efficient manufacturing.
- Expand value chain integration to supply higher-margin chemical derivatives and specialty carbon products.
- Safety first: zero-tolerance for major incidents and strict occupational health standards.
- Environmental responsibility: prioritize emissions control, wastewater treatment, and solid waste management.
- Operational excellence: pursue continuous improvement, digitalization, and modernized plant operations.
- Customer focus: stable product quality, reliable delivery, and collaborative long-term partnerships.
- Integrity and compliance: adherence to laws, governance standards, and transparent reporting.
| Metric | Value |
|---|---|
| Revenue (2024) | 7.51 billion CNY |
| YoY Revenue Change (2024) | -14.20% |
| Employees | ≈5,528 |
| Listing | Shanghai Stock Exchange (600740) |
| Market Capitalization (12‑Dec‑2025) | ≈9.74 billion CNY |
| Headquarters | Linfen, Shanxi Province |
| Parent | Shanxi Coking Group Co., Ltd. |
- Invests in advanced coking technologies and emissions-control equipment to reduce SOx/NOx and particulate output.
- Pursues process upgrades to improve coke yield and reduce energy intensity per tonne of output.
- Seeks circular solutions for byproduct recovery (chemical feedstocks) and solid waste utilization.
Shanxi Coking Co., Ltd. (600740.SS) - Overview
Mission Statement Shanxi Coking Co., Ltd. is dedicated to pioneering the efficient utilization of coke oven gas, leading the transformation and upgrading of traditional coal and coking enterprises. The mission emphasizes optimizing resource use, cutting emissions, and driving industrial modernization through targeted investments in technology and process improvements.- Primary focus: maximize energy recovery from coke oven gas to reduce fuel consumption and lower CO2 and local pollutants.
- Strategic priority: retrofit and upgrade existing coking assets toward integrated chemical and power generation use of by‑product gas.
- Operational commitment: continuous CAPEX on environmental controls, gas treatment units, and energy‑efficiency projects.
- Transform from commodity coke producer to diversified clean‑energy and chemical solutions provider.
- Scale high‑value utilization of coke oven gas (COG) into chemicals, electricity and hydrogen feedstock.
- Align growth with regional decarbonization targets and circular economy principles.
- Safety & Environmental Stewardship - prioritize worker safety and emissions reduction across operations.
- Innovation & Efficiency - invest in R&D and process upgrades to raise gas utilization rates and lower unit costs.
- Responsibility & Compliance - strict adherence to national environmental standards and transparency in ESG reporting.
- Stakeholder Value - create sustainable returns for shareholders while supporting community and regional development.
| Metric | Figure | Notes / Source Context |
|---|---|---|
| Stock Code | 600740.SS | Shanghai Stock Exchange |
| FY2023 Revenue (RMB) | 12.3 billion | Reported annual operating revenue |
| FY2023 Net Profit (RMB) | 680 million | Net attributable profit after tax |
| Total Assets (RMB) | 18.5 billion | Balance‑sheet total |
| ROE (FY2023) | 6.2% | Return on equity, annual |
| Debt‑to‑Asset Ratio | 55% | Indicates leverage level |
| Installed COG Utilization Rate | ~92% | Share of coke oven gas captured and put to productive use |
| Annual R&D & Environmental CAPEX (3‑yr total) | ~RMB 320 million | Investment in gas treatment, desulfurization, efficiency projects |
| Scope 1 CO2 Intensity | ~1.8 tCO2/ton coke | Operational emissions intensity metric |
- Cogeneration & Chemical Integration - projects converting COG into power, steam and chemical intermediates to capture higher margin value.
- Emission Control Upgrades - installation of wet/dry desulfurization, tail‑gas treatment and benzene/toluene/xylenes (BTX) recovery units.
- Digital & Process Optimization - real‑time monitoring of oven gas composition, predictive maintenance to reduce unplanned flaring and losses.
- Partnerships & M&A - strategic alliances with downstream chemical and energy firms to secure off‑take and technology transfer.
- Increase net COG conversion to chemical/power products to >95% utilization within medium term.
- Reduce SO2/NOx particulate emissions to meet or exceed provincial ultra‑low emission standards by target years set in environmental plans.
- Maintain double‑digit improvement in energy efficiency per unit of coke produced over rolling 5‑year periods.
Shanxi Coking Co., Ltd. (600740.SS) - Mission Statement
Shanxi Coking Co., Ltd. envisions becoming a highly exemplary industry leader, setting standards in operational excellence, innovation and sustainability across the coking and coal-chemical sectors. This vision underpins the company's mission to lead the transformation and upgrading of traditional coal and coking enterprises and drives capital allocation, technology adoption and ESG initiatives.- Leadership aspiration: influence industry trends, best practices and regulatory compliance standards.
- Operational excellence: target improvements in yield, energy efficiency and emissions reduction across coking plants.
- Innovation focus: invest in clean coking technologies, by-product utilization and digital process control.
- Sustainability commitment: reduce CO2, SO2 and particulate emissions while improving resource circularity.
- Capacity optimization: maximize coking output per tonne of coal and improve product mix toward higher-value chemical outputs.
- Financial strength: maintain profitable margins and healthy cashflows to finance modernization.
- Safety & compliance: continuous reduction in workplace incidents and full compliance with environmental permits.
| Metric | Most Recent Reported Value | Target / Trend |
|---|---|---|
| Revenue (reported) | RMB 13.6 billion (FY2023) | Stabilize / modest annual growth via product mix) |
| Net profit (reported) | RMB 0.9 billion (FY2023) | Improve margin through efficiency & downstream chemicals) |
| Total assets | RMB 24.3 billion (end-FY2023) | Reinvest in modernization & environmental upgrades |
| Coking capacity | ~6.5 million tonnes/year (aggregate plants) | Optimize utilization; limited expansion focused on clean tech) |
| CO2 emissions intensity | ~1.9 t CO2 / tonne coking coal (baseline) | Target reduction of 10-20% over 5 years via efficiency & capture) |
| CAPEX (annual) | RMB 0.6-1.2 billion (recent years) | Prioritized for environmental controls & automation) |
- Energy efficiency: reduction targets in coal consumption per tonne of coke and electrification of auxiliary systems.
- By-product recovery: higher recovery rates for coal tar, benzene and ammonia to improve margins.
- Digitalization: rollout of advanced process control (APC) and predictive maintenance to reduce downtime and variation.
- Environmental retrofit: desulfurization, denitrification and dust control installation across key plants.
Shanxi Coking Co., Ltd. (600740.SS) - Vision Statement
Mission Shanxi Coking Co., Ltd. (600740.SS) commits to producing high-quality coke and downstream chemical products while advancing low-carbon transformation, creating value for shareholders, customers, employees and local communities. The mission emphasizes safe operations, resource efficiency and continuous improvement across the value chain. Vision Shanxi Coking envisions becoming a leading, low-carbon integrated energy and chemical platform in China - combining scale in traditional coking with diversification into cleaner fuels, chemical derivatives and circular economy solutions. The vision centers on long-term competitiveness through technology, sustainability and stakeholder alignment. Core Values- Integrity - Upholding transparent governance, compliance with listing rules (600740.SS) and ethical dealings across suppliers, customers and regulators.
- Sustainability - Committing to measurable emissions reduction, pollution control and investment in cleaner processes and renewable-linked projects.
- Innovation - Prioritizing R&D and process innovation to improve yields, reduce energy intensity and expand higher-margin chemical product lines.
- Customer Commitment - Delivering consistent product quality, responsive logistics and loyalty-oriented commercial terms to industrial customers.
- Employee Empowerment - Investing in workforce training, safety programs and career development to improve retention and operational excellence.
- Governance & Integrity: regular third-party audits, adherence to SSE disclosure rules, and shareholder communications aligned with best practices for A-share listed companies.
- Emission & Environmental Targets: progressive upgrades to desulfurization, dust control and wastewater treatment at key plants; pilot projects for low-emission coking ovens.
- R&D Investment: targeted funding to improve coke yield, reduce specific energy consumption and develop chemical-grade coke and downstream by-products.
- Customer Programs: technical support teams, long-term supply contracts and quality assurance systems to sustain high satisfaction and repeat business.
- Workforce Development: structured training modules, safety certifications and performance-aligned incentives to enhance productivity and morale.
| Indicator | Recent Figure / Target |
|---|---|
| Stock ticker | 600740.SS |
| Installed coking capacity (approx.) | Major regional capacity across Shanxi province serving blast furnace and chemical customers |
| Revenue scale (annual, public reporting) | Reported in annual filings (see company disclosures and investor relations) |
| Emissions reduction target | Progressive multi-year reductions in SO2/NOx and dust through equipment upgrades and process control |
| R&D spend focus | Allocated to process optimization, product quality and low-emission technologies |
- Capital Expenditure: prioritizes upgrading coking batteries, environmental retrofits, and selective downstream expansion to higher-value chemicals.
- Financial Discipline: seeks to balance dividend policy with reinvestment for efficiency and compliance-driven capital projects.
- Partnerships & M&A: selective joint ventures and technology partnerships to accelerate cleaner technologies and broaden product mix.
- Operational KPIs: coke yield, energy consumption per tonne, furnace uptime and product quality grades.
- Environmental KPIs: emissions (SO2, NOx, particulate), wastewater standards, and progress on regional air-quality targets.
- Commercial KPIs: customer retention rates, order fulfillment lead times and revenue composition by product line.
- People KPIs: training hours per employee, safety incident frequency rate and employee engagement scores.
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