Return Trends At China Coal Xinji EnergyLtd (SHSE:601918) Aren't Appealing

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, a

Simply Wall StApr 30 21:27 ET

Xinji Energy (601918.SH) reported first-quarter results with net profit of 598 million yuan, up 0.62% year-on-year

Xinji Energy (601918.SH) released its report for the first quarter of 2024. The company achieved operating income during the reporting period...

Zhitong FinanceApr 25 05:36 ET

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

Zhitong FinanceApr 19 01:40 ET

Shanxi Securities: Coal supply contracted in March, and imports are expected to be revised downward

The March coal supply and demand data were basically in line with expectations, and the demand side is expected to improve in the future.

Zhitong FinanceApr 17 01:44 ET

China Coal Xinji Energy Co.,Ltd (SHSE:601918) Held Back By Insufficient Growth Even After Shares Climb 28%

China Coal Xinji Energy Co.,Ltd (SHSE:601918) shares have continued their recent momentum with a 28% gain in the last month alone. The last month tops off a massive increase of 133% in the last yea

Simply Wall StApr 11 18:06 ET

Chinese Stocks Muted On Upcoming US, China Inflation Data; China Coal Xinji Energy Climbs 4%

Chinese shares closed flat in positive territory as traders are cautious over the upcoming US inflation data while waiting for the mainland's economic figures. The Shanghai Composite Index marginally

MT NewswiresApr 9 03:40 ET