Earnings Alerts

China Coal Energy Co H (1898) Earnings: 3Q Net Income Hits 4.83B Yuan Amid Strong Financial Performance

By October 23, 2024 No Comments
  • China Coal’s net income for the third quarter is reported at 4.83 billion yuan.
  • The company achieved a revenue of 47.43 billion yuan during the same period.
  • For the nine-month period, China Coal’s net income totals 14.61 billion yuan.
  • Revenue for the nine-month span is recorded at 140.4 billion yuan.
  • Analyst recommendations show 6 buys, 4 holds, and no sells for China Coal.

A look at China Coal Energy Co H Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE4.2

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, shows promising signs for long-term success based on the Smartkarma Smart Scores analysis. With top scores in both value and dividend factors, the company demonstrates strong financial health and a commitment to shareholder returns. Furthermore, its above-average scores in resilience and momentum indicate a solid foundation and positive market sentiment, positioning China Coal Energy Co H for potential growth and stability in the future.

As a company primarily involved in mining and marketing thermal coal and coking coal, with additional services in manufacturing coal mining equipment and design services, China Coal Energy Company Ltd has established itself as a key player in the industry. Its impressive Smartkarma Smart Scores in key areas like value, dividend, resilience, and momentum reflect its overall positive outlook and potential for continued success in the long run.


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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