Debon Securities: 24Q1 coal industry fund holdings increased slightly month-on-month, low allocations expanded month-on-month
In Q1 2024, the coal industry had excellent market performance, outperforming the Shanghai Composite Index by a large margin. It had both excess and absolute returns, and ranked third in the growth rate of Shenwan's Tier 1 industry.
滙力資源:2023年報
Debon Securities: Coal supply declined in March, focus on the pace of subsequent economic recovery
Steady economic recovery and large-scale equipment upgrades are expected to support coal demand.
China to Establish Coal Capacity Reserve System by 2027
China vowed to set up a coal capacity reserve system by 2027, aiming to secure energy security through more flexible coal supplies, according to plans the country released Friday.
Improved Earnings Required Before Huili Resources (Group) Limited (HKG:1303) Stock's 25% Jump Looks Justified
Despite an already strong run, Huili Resources (Group) Limited (HKG:1303) shares have been powering on, with a gain of 25% in the last thirty days. Looking back a bit further, it's encouraging to s
Guotai Junan: Coking coal prices may reach the bottom zone in 24 years, and there is a possibility of a “V” reversal
After experiencing 7 rounds of price cuts, the profits of independent coking companies across the country according to MySteel have dropped to -155 yuan/ton. Many companies have been forced to limit production by smoldering, and the resistance to continued steel price cuts is strong. It is expected that coke prices will basically reach the bottom.
华泰证券:煤炭供应或仍保持一定韧性 淡季需求将考验煤价支撑
在淡季需求的环境下,当前已处于高位的库存或进一步面临去库压力,整体供需趋宽松,煤价支撑偏薄弱。
Huili Resources (01303) released 2023 results, with profit attributable to shareholders of 168 million yuan, a year-on-year decrease of 7.32%
According to the Zhitong Finance App, Huili Resources (01303) announced the annual results for the year ended December 31, 2023. The company's revenue was 2,851 million yuan, up 41.49% year on year; gross profit of 211 million yuan, down 0.2% year on year; the company's equity holders should account for the year profit of 168 million yuan, down 7.32% year on year; basic profit per share was 10.1 point. According to reports, the increase in revenue was mainly due to an increase of about 842 million yuan in revenue generated by the coal business this year. The sales cost for the current year was approximately $2.64 billion, compared to about $1.80 billion in the previous year, an increase of about 46.4% year-on-year. It should be added
HUILI RES: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Huili Resources (01303.HK) will hold a board meeting on March 28 to approve the annual results
Gelonghui March 13 | Huili Resources (01303.HK) announced that the board of directors meeting will be held on March 28, 2024 to consider and approve the annual results of the company and its subsidiaries for the year ended 31 December 2023 and the proposal to consider payment of a final dividend (if any).
HUILI RES: DATE OF BOARD MEETING
Debon Securities: “Gold, Three, Silver, Four” peak season is approaching and coal prices are fluctuating
Debon Securities released a research report saying that safety production in coal mines has now become a national priority. Safety inspections are expected to remain at high pressure, capacity utilization is constrained, and supply contraction expectations are strengthened.
Cathay Pacific Junan: The reshaping of coal valuations for “stable high-dividend” assets may have just begun
Safety regulations are getting stricter, and coal supply is shrinking or exceeding expectations
Huatai Securities: Production in Shanxi may be difficult to increase in 2024 to support coking coal prices
As the main producer of coking coal in the country, Shanxi has had a big impact on coking coal supply. The bank is optimistic about coking coal prices this year.
Guoxin Securities: The boom in the coal industry is expected to continue under the support of supply-side structural reforms and the long-term bargaining system
Guoxin Securities released a research report stating that coal is China's basic energy product. Under policy regulation, safe supply and flexible supply are achieved, coal for people's livelihood is guaranteed through the long-term cooperation price mechanism, and price fluctuations are calmed down. Supported by supply-side structural reforms and a long-term bargaining system, the boom in the coal industry is expected to continue. The price of coal is stable. Major coal companies operate steadily, their dividends have increased, their investment value is prominent, and they maintain the industry's “overrated” rating.
Guojin Securities: The high dividend market of coal continues to be “deterministic” to drive sector valuation reshaping
Guojin Securities released a research report saying that the 2021-10M24 coal sector index is strongly correlated with coal prices, and several rounds of the market essentially stem from performance growth expectations brought about by rising coal prices.
Debon Securities Coal Industry Fund Position Analysis: Increased allocation but still low dividend advantage highlights that there is still room to increase holdings
Debon Securities released a research report saying that according to Wind data, the coal industry allocation ratio continued to rise in the fourth quarter of 2023. After excluding Hong Kong stocks, coal stocks accounted for 1.21% of the market value of heavy public fund holdings, an increase of 0.3 pct over the previous month, but the allocation was still 0.75 pct lower.
Huili Resources Buys CC Bong Logistics
Huili Resources (Group) (HKG:1303) has completed the purchase of CC Bong Logistics through unit Surplus Plan for HK$100 million. The company has fulfilled the consideration through the allotment and i
Huili Resources (01303) issued 156.6 million cost shares on January 24
Huili Resources (01303) announced that the company acquired CC Bong on January 24, 2024...
Huili Resources (01303.HK) completes acquisition of CC Bong Logistics shares
Gelonghui, January 24 | Huili Resources (01303.HK) announced that all prerequisites under the agreement to acquire all shares of CC Bong Logistics have been fulfilled, and that the acquisition was completed on January 24, 2024 in accordance with the terms and conditions of the sale agreement. After completion, the company indirectly owns 100% of the target company's shares.
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