Shanxi Coking Coal Energy Group's (SZSE:000983) Weak Earnings May Only Reveal A Part Of The Whole Picture
A lackluster earnings announcement from Shanxi Coking Coal Energy Group Co., Ltd. (SZSE:000983) last week didn't sink the stock price. We think that investors are worried about some weaknesses underl
Earnings Miss: Shanxi Coking Coal Energy Group Co., Ltd. Missed EPS By 9.9% And Analysts Are Revising Their Forecasts
Last week, you might have seen that Shanxi Coking Coal Energy Group Co., Ltd. (SZSE:000983) released its full-year result to the market. The early response was not positive, with shares down 5.8% to C
Guojin Securities: Demand for electricity is strong, thermal power still has an opportunity to tighten coking coal supply, and there is a gap between supply and demand
The economy continues to improve, and superimposed computing power is rising, and demand for electricity is strong, and there are still opportunities; demand for steel is resilient, there is a gap between supply and demand in anticipation of tightening coking coal supply, and there is some room to replenish stocks with low superposition bifocal inventories.
Great Wall Securities: Non-electricity demand continues to recover, and coal price trends begin to diverge
The Zhitong Finance App learned that the current fundamentals of thermal coal demand have maintained steady operation, supported by demand for electricity and coal. Non-electricity demand, especially chemical demand, continues to recover. The coal price trend has begun to diverge, and prices in production areas have begun to rise tentatively, leading to a slight rebound in port prices. Also, it is worth noting that the water storage level in the Three Gorges has dropped to the same period last year, and there is still uncertainty about hydropower output this year. Meanwhile, on the supply side, coal production in Jinshan, Shaanxi, and Mongolia is expected to shrink this year. Stable production and safety will be the main production tone, while the year-on-year decline in average daily raw coal production in March is in line with the judgment that the growth rate of supply will be lower than the growth rate of demand, according to
Guohai Securities: Coking coal has momentum to rise in the short term, and the long-term supply and demand pattern is still tight
Looking ahead to 2024, it is more likely that there will be a small gap between domestic coking coal supply and demand.
Guohai Securities: Coking coal prices have momentum to rise in the short term, and the long-term supply and demand pattern is tight
The Zhitong Finance App learned that Guohai Securities released a research report indicating that the price of coking coal is gaining momentum in the short term. The main reasons include: low overall supply flexibility; iron and water production is expected to improve further; terminal inventory removal is coming to an end; the coking coal long-term agreement price issue has already been implemented. The current coking coal stock market is still worth paying attention to. In the long run, the supply and demand pattern of the coking coal industry is expected to be tight. Domestic steel production costs have a strong advantage, and pig iron production is expected to remain high. However, domestic coal mining procedures are complicated, construction and production cycles are long, and the cost of building new mines has risen sharply, and the will of mainstream coal companies to build new mines is still very weak.
Open Source Securities: Demand is improving month-on-month, and supply-side tightening, coking coal prices are upward elastic
The tight domestic coal supply situation or continuation in the future is expected to support coal prices.
Shanxi Coking Coal (000983.SZ): As of April 10, the number of shareholders of the company was 113,545
Gelonghui April 12 丨 Shanxi Coking Coal (000983.SZ) said on the investor interactive platform that as of April 10, the number of shareholders of the company was 113,545.
Shanxi Coking Coal Energy Resumes Production of Subsidiary-Owned Coal Mine
Shanxi Coking Coal Energy Group (SHE:000983) is set to resume the production of a coal mine of subsidiary Huajin Coking Coal after receiving regulatory approval, according to the company's disclosure
An Intrinsic Calculation For Shanxi Coking Coal Energy Group Co., Ltd. (SZSE:000983) Suggests It's 23% Undervalued
Key Insights Using the 2 Stage Free Cash Flow to Equity, Shanxi Coking Coal Energy Group fair value estimate is CN¥13.46 Shanxi Coking Coal Energy Group's CN¥10.42 share price signals that it might
Capital Securities: Demand is expected to continue to reach new highs during the current peak season, where there is limited room for coal prices to fall
Capital Securities released a research report saying that there is currently limited room for coal prices to fall. The core reason is that supply is affected by safety inspections, expectations of production capacity contraction in major production areas, falling coal prices, and narrowing imports, etc., weakening the current decline in demand.
Shanxi coking coal (000983.SZ): Did not compete for coal prospecting rights in Hudinan, Qinshui County, Qinshui Coalfield, Shanxi Province, and Baicun coal prospecting rights in Anze County
Gelonghui March 18 | Shanxi Coking Coal (000983.SZ) announced that the company used its own funds to participate in the auction of coal prospecting rights for coal prospecting rights in Hudinan, Qinshui County, Qinshui County, and Baicun coal prospecting rights in Anze County of the Qinshui Coalfield in Shanxi Province listed online by the Shanxi Provincial Department of Natural Resources. According to the company's actual auction situation on the natural resources online trading platform in Shanxi Province, in the end, the company did not bid for the above two prospecting rights.
Private Companies Are Shanxi Coking Coal Energy Group Co., Ltd.'s (SZSE:000983) Biggest Owners and Were Hit After Market Cap Dropped CN¥7.3b
Key Insights Significant control over Shanxi Coking Coal Energy Group by private companies implies that the general public has more power to influence management and governance-related decisions The
Haitong Securities: India's energy and steel consumption is expected to drive continued growth in coal demand
The Zhitong Finance App learned that Haitong Securities released a research report saying that India's local manufacturing and other policies are expected to drive India's industrialization and infrastructure demand, and energy and steel demand are expected to continue to prosper and grow, driving domestic coal consumption demand. As a result, India has taken many measures to increase the domestic coal production release process. However, the bank believes that infrastructure issues such as low labor productivity and logistics may still limit production release. In the future, as India's domestic thermal coal production increases and the share of imports is expected to decline, but coking coal is constrained by high domestic coking ash content, poor quality, and insufficient supporting washing capacity and willingness. In the future, it will still mainly rely on imported coke coal to support steel
Zhongtai Securities: The coking coal supply and demand pattern will continue to be tight, and the price center still has strong upward expectations
Zhongtai Securities said that in the long run, the supply and demand pattern for coking coal will continue to be tight, and high-quality coking coal resources will become more and more “sought-after,” and the price center still has strong expectations of rising prices.
Shanxi Coking Coal Energy Group's (SZSE:000983) 26% CAGR Outpaced the Company's Earnings Growth Over the Same Five-year Period
When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose your money. But when you pick a company that is really flourishing, you can make mo
Everbright Securities: Shanxi launches “three super” coal mines to control coal and meet pressure to cut production
In the short term, it will affect the supply of coal in the Shanxi region, especially the supply of coking coal, which will benefit the price of coking coal.
Are Strong Financial Prospects The Force That Is Driving The Momentum In Shanxi Coking Coal Energy Group Co., Ltd.'s SZSE:000983) Stock?
Shanxi Coking Coal Energy Group's (SZSE:000983) stock is up by a considerable 19% over the past three months. Given the company's impressive performance, we decided to study its financial indicators
Shanxi Coking Coal Energy Group Co., Ltd.'s (SZSE:000983) Low P/E No Reason For Excitement
Shanxi Coking Coal Energy Group Co., Ltd.'s (SZSE:000983) price-to-earnings (or "P/E") ratio of 8.1x might make it look like a strong buy right now compared to the market in China, where around half o
North Road Intelligent Control (301195.SZ): The business covers major coal mining enterprises in Shanxi, such as Jinneng Holdings, Shanxi Coking Coal Group, etc.
Gelonghui January 17 丨 North Road Intelligent Control (301195.SZ) said on the investor interactive platform that the company's business covers major coal mining companies in Shanxi, such as Jinneng Holdings and Shanxi Coking Coal Group. The company's various businesses are progressing steadily, and the financial indicators are healthy.
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