Henan JinMa Energy Co., Ltd. Class H

Henan JinMa Energy Co., Ltd. Class H

HHKEX:6885
0.58
HKD
+0.02
(+2.65%)
364.09MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.81
4.21
6.18
11.93
13.92
14.14
11.94
13.82
23.25
22.55
21.66
15.17
- -
Basic EPS, GAAP
0.2
0.04
0.5
1.24
1.55
1.1
0.91
0.91
0.79
0.04
-0.65
-0.99
- -
Free Cash Flow per Basic Share
0.61
0.36
0.21
0.71
0.33
1.02
0.46
-2.72
-1.88
-1.95
1.08
0.03
- -
Dividend per Share
0.05
0.02
0.14
0.25
0.33
0.45
0.4
0.3
0.25
0.1
- -
- -
- -
Book Value per Share
1
1.15
1.65
3.05
4.26
4.91
5.42
6.02
6.56
6.46
5.82
4.84
5.82
Tangible Book Value per Share
0.87
1.15
1.46
2.89
4.12
4.76
5.23
5.66
5.7
5.65
5.05
4.18
5.05
Basic Weighted Avg Shares
533
533
533
431
535
535
535
535
535
535
535
535
535
Sales/Revenue/Turnover
2,564
2,245
3,299
5,138
7,452
7,572
6,392
7,398
12,449
12,072
11,599
8,123
- -
Operating Margin (%)
5.11
3.08
10.72
15.37
15.93
11.17
12.59
10.51
5.83
-0.11
-3.58
-6.61
- -
Depreciation Expense
63
71
76
99
106
130
157
185
308
389
462
475
- -
Net Income, GAAP
104
24
266
532
832
587
485
487
422
22
-346
-527
- -
Effective Tax Rate (%)
24.81
26.57
22.89
25.85
25.01
25.18
27.08
25.62
21.52
- -
- -
- -
- -
Profit Margin (%)
4.07
1.05
8.06
10.36
11.17
7.75
7.59
6.58
3.39
0.18
-2.98
-6.49
- -
Working Capital
-314
-300
191
663
970
1,706
1,450
13
-426
-1,902
-3,015
-3,375
-3,015
LT Debt
- -
98
372
285
237
370
367
832
1,854
1,619
920
545
920
Total Equity
541
620
946
1,728
2,377
3,392
3,980
4,304
4,726
4,840
4,337
3,582
4,337
Return on Invested Capital (%)
- -
4.07
19.59
28.94
31.33
16.36
11.57
9.3
8.56
- -
- -
- -
- -
Return on Capital (%)
- -
5
20.8
27.99
30.83
15.57
10.47
9.02
4.93
- -
- -
- -
- -
Return on Common Equity (%)
- -
4.11
35.56
42.33
42.54
23.94
17.57
15.89
12.52
0.64
-10.52
-18.47
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
2,536
2,650
2,827
LT Borrowings
1,521
1,022
696
LT Finance Leases
98
295
224
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
535
535
535
Market Capitalization
672
399
342

Working Capital

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
3,886
3,115
2,635
Cash, Cash Equivalents & STI
2,053
1,689
1,042
Accounts Receivable, Net
165
132
174
Inventories
819
580
526
Total Current Liabilities
5,788
5,305
5,650
Payables & Accruals
- -
- -
- -
ST Debt
2,536
2,650
2,827
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.54%
-1.49%
-17.4%
Free Cash Flow
-72.53%
-194.28%
-97.53%
Net Income, GAAP
-56.96%
-340.94%
52.47%
Sales/Revenue/Turnover
18.09%
9.42%
-29.96%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
12,072
2024
- -
- -
11,599
2025
- -
- -
8,123

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.04
2024
- -
- -
-0.65
2025
- -
- -
-0.99

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.1
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Yi Feng Du
Full Time Employees
2,644
Sector
Energy minerals
Industry
Coal
Address
West Ring of the South Road Jiyuan HN China 459000
IPO Date
Oct 10, 2017
Website
hnjmny.com
Business
Henan Jinma Energy Company Limited (6885.HK) is a China-based company principally engaged in the production of coke and the processing of coking by-products; it operates through segments including coke production and sales, refined benzene and coal tar chemicals, energy products such as coal gas, liquefied natural gas (LNG), and hydrogen, as well as trading of coal, coke, hydrogen, LNG, and nonferrous materials. The company manufactures products at a scale of 2.65 million tons of coke, 180,000 tons of tar, 200,000 tons of crude benzene, 300 million cubic meters of hydrogen, 123 million cubic meters of LNG, and 600 million cubic meters of industrial gas; it also provides multimodal transportation, warehouse, and distribution services for coal products, along with steam, water, catering, fire prevention, electricity, and heat energy production. Founded in 2003 and headquartered in the Chemical Industry Park of Jiyuan High-tech Industrial Development Zone, Henan Province, China, the company employs over 2,000 people across a 1.4 million square meter area and maintains a vertically integrated coal chemical industry chain focused on green, low-carbon development. In recent developments, Jinma Coking (BVI), the controlling shareholder, entered a conditional sale agreement with Beijing Weigang New Energy, announcing a possible change in controlling shareholder. The company invested in coking equipment upgrading projects amounting to RMB12.433 million during the six months ended June 2025, alongside other property, plant, and equipment purchases totaling RMB27.439 million to ensure compliance with recent regulations. It continues to advance its "14th Five-Year Plan" strategy, emphasizing fine chemicals, energy chemicals, new materials, hydrogen energy, and industrial cluster expansion for clean coal utilization.