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.
Perennial Energy's 2024 Profit Slides 13% as Revenue Stays Nearly Flat
PER ENERGY (02798.HK) is expected to generate approximately 1.706 billion yuan in revenue for 2024, a decrease of about 0.6% year-on-year.
Gelonghui reported on March 18 that PER ENERGY (02798.HK) announced its annual results for the year ending December 31, 2024, with revenues of approximately 1.706 billion RMB, a year-on-year decrease of about 0.6%. The total profit and comprehensive income for the year amounted to approximately 0.44 billion RMB, a year-on-year decrease of about 12.7%. The basic earnings per share were approximately 27.51 cents RMB (2023: 31.51 cents RMB). It is not recommended to declare a final dividend for the year ending December 31, 2024 (2023: 5.0 Hong Kong cents per share). During the review year, the construction industry performed weakly.
Express News | Perennial Energy Holdings FY Gross Margin 51.9%
Express News | Perennial Energy Holdings FY Gross Profit RMB 885.1 Million
Express News | Perennial Energy Holdings FY Net Income RMB 440.2 Million
Express News | Perennial Energy Holdings FY Revenue RMB 1,706.1 Million
PER ENERGY: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2024
National Bureau of Statistics: From January to February, the production of raw coal in large-scale industries was 0.77 billion tons, a year-on-year increase of 7.7%.
From January to February, the industrial raw coal output of enterprises above designated size was 0.77 billion tons, a year-on-year increase of 7.7%, with the growth rate accelerating by 3.5 percentage points compared to December of the previous year; the average daily output was 12.97 million tons.
New themes are gradually emerging as market styles shift between high and low, but the strength of the Technology mainline's recovery remains crucial.
Yesterday, the market continued to adjust, and all three major Indexes fell, returning to a consolidation structure in the short term.
Fangzheng Securities: The coal price has certain support around 690 yuan, and the advantages of high dividend stocks in the Industry are significant.
Fangzheng Securities suggests paying attention to symbols in the coal industry with excellent resource endowments, stable operating performance, and a high expected dividend ratio.
Dividend Assets have become attractive again! The Hang Seng Index has dropped over 1400 points in the last five days, while high-yield stocks such as Coal Banks "refuse to correct."
① The Hang Seng Index has fallen more than 1,400 points in the past five days. Why do dividend-paying Assets remain resilient? ② High-yield stocks such as Coal and Banks "refuse to retreat". What bullish factors may continue to drive the market?
SWHY: The coking coal is expected to hit bottom and rebound in the peak season, while the supply and demand rebalancing is likely to stabilize and boost Thermal Coal prices.
The demand for Coal in the thermal power and chemical Industries is expected to maintain positive growth in the coming years, while the demand in the Steel and building materials Industries is anticipated to decline. It is expected that Coal demand will stabilize with moderate increases before 2030.
Hong Kong stocks are experiencing unusual activity | Most Coal Industrial Concept stocks are rising as coal prices have slightly increased recently. Institutions are Bullish on the coal Industry, welcoming the reconfiguration value.
Most Coal Industrial Concept stocks rose. As of the time of reporting, MONGOL MINING (00975) is up 5.54%, priced at 6.1 HKD; China Coal Energy (01898) is up 3.91%, priced at 8.51 HKD; SOUTHGOBI (01878) is up 3.75%, priced at 3.04 HKD.
Brokerage morning meeting highlights: Siasun Robot&Automation drives rapid growth in the PCB Industry.
At today's brokerage morning meeting, Everbright stated that robots are driving rapid growth in the PCB industry; China Securities Co.,Ltd. pointed out a bullish outlook for the valuation reconstruction of the complete vehicle and intelligent driving industry chain in 2025; HTSC believes that AIDC may drive demand for power supply and heating beyond expectations.
Hong Kong stocks are moving differently | Coal Industrial Concept(coal Industry) stocks are generally rising, with China Shenhua Energy up about 2%. Institutions indicate that after the release of risks in the coal Industry, it is regaining allocation val
Hong Kong stocks of the Coal Industrial Concept showed an upward trend against the odds, with MONGOLIA ENERGY and SOUTHGOBI rising more than 3%, YANKUANG ENERGY, YANCOAL AUS, and CHINA QINFA increasing by 2.4%, and China Coal Energy and China Shenhua Energy rising nearly 2%.
PER ENERGY (02798.HK) will hold a Board of Directors meeting on March 18 to approve the annual performance.
Glory Holdings announced on March 6 that PER ENERGY (02798.HK) will hold a Board of Directors meeting on March 18, 2025, to approve the annual performance for the year ending December 31, 2024, for the company and its subsidiaries, and to consider the proposal for the final dividend distribution (if any).
PER ENERGY: DATE OF BOARD MEETING
Guosheng Securities: The current decline in coal prices may be nearing its end, emphasizing the opportunity for left-side layout.
Guosheng Securities expects that the decline in Coal prices will significantly slow down or even stop in the latter half of next week.
The decline in performance does not change the fundamental advantages, and the Coal Sector remains attractive due to low valuation and high dividends.
Looking ahead, what investment opportunities does the Coal Sector have, and which quality enterprises are worth paying attention to?