YZCAY YANZHOU COAL MININ
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YANZHOU COAL MININ News
[Hong Kong Stock Connect] Yankuang Energy (01171)'s net profit for the first quarter decreased by 41.85% year-on-year to RMB 3,757 billion
Jinwu Financial News | Yankuang Energy (01171) announced that in the first quarter of 2024, net profit attributable to the company's shareholders was recorded at 3,757 billion yuan (RMB, same below), a year-on-year decrease of 41.85%; revenue recorded 39.633 billion yuan, a year-on-year decrease of 20.76%; and basic earnings per share of 0.51 yuan. The year-on-year decline in prices of major products such as coal in the current period affected the year-on-year decline in net profit attributable to shareholders of listed companies.
兗礦能源：二零二四年第一季度業績報告
Changes in Hong Kong stocks | Yankuang Energy (01171) fell nearly 4% and will issue Q1 results today, falling coal prices have put pressure on the performance of many coal companies
Yankuang Energy (01171) fell nearly 4%. As of press release, it was down 3.6% to HK$16.58, with a turnover of HK$742 million.
Private Companies Among Yankuang Energy Group Company Limited's (HKG:1171) Largest Stockholders and Were Hit After Last Week's 5.1% Price Drop
Key Insights The considerable ownership by private companies in Yankuang Energy Group indicates that they collectively have a greater say in management and business strategy The largest shareholder
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.
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.
Hong Kong Stock Announcement Nuggets | Sands China Limited's total net revenue for the first quarter increased 42% year over year to US$1.8 billion
[Financial Report Data] Huadian International Power Co., Ltd. (01071)'s cumulative completed power generation capacity of 56.16 million megawatt-hours in the first quarter fell by about 0.19% year-on-year, and the overall retail value of Lukufu Group (00590) in the fourth quarter of fiscal year 2024 increased by more than 50%, surpassed the same quarter level of FY2019 by more than 50%. Yankuang Energy (01171) commercial coal production in the first quarter increased 15.42% year-on-year to US$1.8 billion [Important matter] Jianyi Group (00638) received a year-on-year increase of 42% year-on-year Resplenden
Yankuang Energy (01171.HK) commercial coal sales in the first quarter increased 11.59% year-on-year to 35.62 million tons
Gelonghui, April 18, 丨 Yankuang Energy (01171.HK) announced that in the first quarter of 2024, the company produced 36.63 million tons of commercial coal, up 15.42% year on year; commercial coal sales were 35.62 million tons, up 11.59% year on year, of which 31.66 million tons of self-produced coal were sold, up 14.60% year on year.
Yankuang Energy (01171): In March, Yankuang Ruifeng provided a financing guarantee of 950 million yuan within the estimated annual guarantee amount
Yankuang Energy (01171) issued an announcement. From March 1, 2024 to March 31, 2024, the company...
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.
Coal stocks are replicating the “black gold” market. How long can high dividend strategies stay popular?
What exactly is the reason behind the continued popularity of the coal sector?
Yankuang Energy (600188.SH): No gold business
Gelonghui, April 17 | Yankuang Energy (600188.SH) said on an interactive platform that up to now, the company has no gold business.
Anxin International: Short-term or current signs of stable coal prices are still optimistic about high dividends
The Zhitong Finance App learned that Anxin International released a research report saying that as we enter the low season, thermal coal prices have weakened, but there have been signs of stabilization in the past two days. Overall port inventories are low. Coupled with a sharp drop in coal production in Q1 this year, it is expected that coal imports may decrease in April, so it is not ruled out that coal prices will rebound slightly before summer begins. Looking at the medium to long term, we are still optimistic about coal companies' high dividend performance at relatively high coal prices this year. It is recommended to focus on Yancoal Australia (03668), Yankuang Energy (01171), China Shenhua (01088), and Shougang Resources (00639). Anxin International
Anxin International: Thermal coal prices are showing signs of short-term or stabilizing, and we are still optimistic about the high dividend performance of Hong Kong coal companies in the medium to long term
The Zhitong Finance App learned that Anxin International released a research report indicating that as we enter the low season, thermal coal prices have weakened, but there have been signs of stabilization in the past two days. Overall port inventories are low. Coupled with a sharp drop in coal production in Q1 this year, it is expected that coal imports may decrease in April, so it is not ruled out that coal prices will rebound slightly before summer begins. Looking at the medium to long term, we are still optimistic about coal companies' high dividend performance at relatively high coal prices this year. It is recommended to focus on Yancoal Australia (03668), Yankuang Energy (01171), China Shenhua (01088), and Shougang Resources (00639). Anxin International Master
Changes in Hong Kong stocks | China Coal Energy (01898) rose nearly 4%, leading the way, coal stocks, coal capacity reserve policies implemented, and the pattern of tight supply and demand remains unchanged
Coal stocks generally rose in early trading. As of press release, China Coal Energy (01898) rose 3.39% to HK$8.24; Mongolian coking coal (00975) rose 2.54% to HK$9.27; China Shenhua (01088) rose 1.55% to HK$32.8; and Yankuang Energy (01171) rose 1.47% to HK$17.98.
Yankuang Energy (01171.HK) held a board meeting on April 26 to review and announce the first quarter results
Gelonghui, April 12, 丨 Yankuang Energy (01171.HK) announced that the board of directors will hold a board meeting at the company headquarters on April 26, 2024 (Friday) to review and announce (including) the unaudited first quarter results of the company and its subsidiaries for the three months ended March 31, 2024 (prepared in accordance with Chinese accounting standards).
YANKUANG ENERGY: NOTICE OF BOARD MEETING
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.
Yankuang Energy (600188.SH): Domestic and international coal prices are expected to maintain narrow fluctuations at the medium level and remain at a high level in the long term
Gelonghui, April 11 | The minutes of Yankuang Energy (600188.SH)'s 2023 annual performance briefing show that in 2024, the Chinese government will further implement economic policies, economic growth resilience supports electricity demand. Coal consumption in the electricity, chemical and other industries will continue to grow, and the coal underwriting role will be more prominent; the coal industry continues to have strong supervision of production safety, imports are expected to decrease, and there is limited room for domestic coal supply growth. On the international side, production capacity investment in major coal supply countries such as Australia and Indonesia is limited, and demand in Southeast Asia is growing rapidly. Domestic and international coal prices are expected to remain within a narrow range of median levels
Is There An Opportunity With Yankuang Energy Group Company Limited's (HKG:1171) 47% Undervaluation?
Key Insights Yankuang Energy Group's estimated fair value is HK$32.47 based on 2 Stage Free Cash Flow to Equity Yankuang Energy Group's HK$17.30 share price signals that it might be 47% undervalued
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