Earnings Alerts

China Coal Energy Co H (1898) Earnings: 1H Revenue Drops 7.4% to 109.36B Yuan, Net Income Down 12%

  • China Coal’s revenue for the first half of 2024 was 109.36 billion yuan, down 7.4% year-over-year from 118.04 billion yuan.
  • Earnings per share (EPS) for the period were 74 RMB cents.
  • Net income for the first half of the year was 12.73 billion yuan, a decrease of 12% compared to the previous year.
  • Analyst recommendations included 6 buy ratings, 4 hold ratings, and no sell ratings.
  • Comparisons are based on values reported in the company’s original disclosures.

A look at China Coal Energy Co H Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth5
Resilience4
Momentum5
OVERALL SMART SCORE4.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

China Coal Energy Company Ltd, a leading player in the coal industry, is showing strong promise for long-term investors based on the Smartkarma Smart Scores analysis. With top scores across the board – Value, Dividend, Growth, and Momentum – the company appears to be in a solid position for future success. This indicates that China Coal Energy Co H is considered an attractive investment option with positive prospects in terms of financial performance and market outlook.

As a prominent player in mining thermal and coking coal, as well as offering manufacturing and design services within the coal mining sector, China Coal Energy Company Ltd seems to have a well-rounded business strategy. The impressive scores across key factors such as Value, Dividend, Growth, Resilience, and Momentum suggest a strong foundation for sustainable growth and profitability in the foreseeable future. Investors looking for a company with solid fundamentals and growth potential may find China Coal Energy Co H to be a compelling investment opportunity.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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