YANKUANG ENERGY: It is expected that the performance in the first quarter of this year will decline year-on-year. Currently, coal prices have basically reached the bottom | Directly addressing the Earnings Conference.
YANKUANG ENERGY stated at today's 2024 Earnings Conference that Coal prices have basically reached their lowest point and are showing signs of stabilization. Due to the year-on-year decline in Coal prices, the company's performance in the first quarter will be affected; The company also stated that it will adhere to the principle of Cash dividends, and has so far accumulated a dividend of 85 billion.
Dividends exceeded 44 billion with a ratio as high as 76%! China Shenhua Energy's performance declined but still maintained its high dividend "tradition" | Directly reporting on the Earnings Conference.
① Executives from China Shenhua Energy stated at the Earnings Conference that they anticipate the central prices of the coal market and long-term contracts will decline further by 2025; ② Chairman Lv Zhirun has resigned due to retirement reasons after less than a year in office, leaving the position of chairman of the company vacant.
Cailian Press Venture Capital: In February, the financing in the Carbon Neutrality sector reached 1.835 billion yuan, an increase of 13.98% month-on-month. New Stoneware completed 1 billion yuan in Series C+ financing.
According to data from the financial news agency Venture Capital Tong, in February, there were a total of 52 private equity investment events in the Carbon Neutrality sector, a decrease of 24.64% compared to last month's 69 events; The total disclosed financing amount was approximately 1.835 billion yuan, an increase of 13.98% compared to last month's 1.61 billion yuan.
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.
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.
Finance Associated Press Venture Capital: In January, financing in the Carbon Neutrality sector totaled 1.61 billion yuan, a decrease of 95.03% month-on-month. Li Chuang Autos Electronics completed its first round of financing of nearly 0.5 billion yuan.
According to data from the China Finance Association's Venture Capital platform, in January, there were a total of 69 private equity investment events in the domestic Carbon Neutrality sector, a decrease of 28.13% from 96 events last month; The total disclosed financing amounted to approximately 1.61 billion yuan, down 95.03% from 32.404 billion yuan last month.
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.