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Research Reports Gold Digging丨Dongguan Securities: China Coal Energy's Business covers the entire Industry Chain of Coal and is expected to continue to open up growth space.
A research report from Dongguan Securities points out that China Coal Energy (601898.SH) covers the entire Industry Chain of Coal, including self-produced Commodity Coal, coal chemical products (olefins, urea, etc.), coal mining equipment manufacturing, and financial services, and has established a "Coal-Electricity-Chemistry-New" Circular Economy system. The company has coal resources with mining rights amounting to 26.52 billion tons, with recoverable reserves of 13.82 billion tons and proven reserves of 4.915 billion tons. The company also ranks among the top echelon of listed coal enterprises in the country in terms of both coal resource volume and recoverable reserves. The company's coal mining and planned mines are rich in resources, and it owns the Libimu Coal Mine (4 million tons/year, with a 51% stake).
China Securities Co.,Ltd.: The price of Thermal Coal may maintain a downward trend, and the value of green electricity environmental benefits is expected to be realized more quickly.
China Securities Co.,Ltd. released a research report stating that overall, under the stable growth trend of raw coal production, Thermal Coal prices are expected to maintain a downward trend, and the profitability of thermal power is expected to be sustained.
China Coal Energy (HKG:1898) Might Have The Makings Of A Multi-Bagger
Hong Kong stocks move | The increase in Coal Industrial Concept(coal Industry) stocks has expanded in the afternoon. Institutions state that the Industry's fundamentals are expected to enter an upward trajectory and the Bearish factors will gradually weak
The Coal Industrial Concept's gains expanded in the afternoon. As of the time of writing, CHINA QINFA (00866) rose by 5.68%, priced at 0.93 HKD; China Shenhua Energy (01088) increased by 3.03%, priced at 32.3 HKD; China Coal Energy (01898) climbed by 0.74%, priced at 8.18 HKD.
Huafu Securities: Coal prices are bottoming out, combined with China Shenhua Energy (601088.SH) increasing dividends, the Sector's outlook is more optimistic.
After the festival, the resumption of coal production has accelerated, supply has increased rapidly, heating demand is gradually declining, and the recovery progress outside of electricity is generally slow. During the off-peak season, coal prices have continued to adjust but have already entered the bottom area.
China Coal Energy's 2024 Profit Slides 10%
Jasonpang888 OP :
Jasonpang888 OP :
Jasonpang888 OP : 1. Technical Aspect: Strong recovery, healthy structure.
Today, it reached a high of 8.15 HKD and has maintained the 8.00 threshold for several consecutive Trading days.
The weekly Candlestick chart shows a rebound from the bottom Range, likely to challenge the next resistance level of 8.50—8.80 HKD.
Current Volume has reached 10.36 million shares, along with the upward pattern, reflecting sufficient capital support.
2. Fundamental Aspect: Steady profit + high dividend.
The latest PE is only 5.5 times, which is very attractive given the current overvaluation of A/H shares.
Dividend yield is 10.44% (TTM), classified as a standard 'lazy-win stock.'
Earnings Reports are set to be announced on April 26, 2025, presenting performance catalyst opportunities.
3. Financials: Operating Cash Flow Remains Stable
From the screenshot of the cash flow chart, it can be seen:
Although there is a year-on-year decline in Q1 2024, the operating net income in H1 2024 and Q3 has shown a significant recovery.
Despite cyclical fluctuations, the overall inflow remains healthy, indicating that the company's business has resilience.
4. Coordination of Policies and Market Environment
Currently, China emphasizes 'Energy Security' and 'Electrical Utilities Stability', with Coal remaining irreplaceable for a certain period.
Geopolitical situations plus Crude Oil Product fluctuations will also drive the linkage of the Energy Sector.
5. My Operation Plan (for reference only)
Jasonpang888 OP : China Coal Energy is not a stock for explosive growth, but it is an investment that can be held comfortably. It provides a steady return expectation and safety margin, and during the fluctuations in April, there is a willingness to continue to Hold and add to the position on dips.
If there is also attention on 01898, feel free to leave a message to share your position and views!
Jasonpang888 OP : [01898 China Coal Energy] Strongly closed today with a 2.9% increase, outperforming the market, once again validating its 'hard value'!
China Coal Energy (01898) closed at HKD 8.16 today, with a 2.9% increase, clearly outperforming the Hang Seng Index and peer energy stocks, demonstrating ongoing recognition by investors of its solid fundamentals.
While the Large Cap fluctuates back and forth, China Coal Energy 01898 closed in the green against the trend, rising to HKD 8.16, up 2.9%. Confidence remains strong in this 'high dividend, low valuation' hardcore Energy stock.