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China Coal Energy Company LimitedSEHK:1898 Stock Report

Market Cap HK$191.0b
Share Price
HK$10.96
HK$15.55
29.5% undervalued intrinsic discount
1Y21.1%
7D-3.3%
1D
Portfolio Value
View

China Coal Energy Company Limited

SEHK:1898 Stock Report

Market Cap: HK$191.0b

1898 Community Fair Values

Create Narrative

See what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.

China Coal Energy Company Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for China Coal Energy
Historical stock prices
Current Share PriceHK$10.96
52 Week HighHK$15.24
52 Week LowHK$8.76
Beta0.36
1 Month Change-10.16%
3 Month Change-21.60%
1 Year Change21.11%
3 Year Change94.67%
5 Year Change144.10%
Change since IPO140.35%

Recent News & Updates

Narrative Update Jun 11

1898: Ongoing Coal Output And Dividends Will Drive Future Upside

Analysts have lifted their fair value estimate for China Coal Energy slightly, from about HK$18.12 to around HK$18.32 per share, reflecting updated assumptions on revenue growth, profit margins, and future P/E levels. What's in the News Reported April 2026 operating data, with commercial coal production at 10,020,000 tonnes for the month and 40,190,000 tonnes year to date, alongside chemical products such as polyethylene at 66,000 tonnes and polypropylene at 62,000 tonnes for the month.
Narrative Update May 28

1898: Ongoing Production Delivery And Dividend Support Will Drive Future Upside

Analysts now see fair value for China Coal Energy edging from HK$15.74 to HK$15.55. This reflects updated assumptions around higher forecast revenue growth of 5.32%, alongside a slightly lower profit margin of 11.56% and a modestly adjusted future P/E of 11.29x.
Narrative Update Apr 29

1898: Higher Forward P/E And Margins Will Sustain Overvaluation Risk

Analysts now place their price target for China Coal Energy at HK$9.63, up from HK$8.05, citing updated expectations for revenue growth, profit margins, and a higher future P/E multiple. What's in the News March 2026 production update shows commercial coal output of 1,097,000 tonnes for the month, with year-to-date volume of 3,017,000 tonnes, alongside reported volumes across polyethylene, polypropylene, urea, methanol and ammonium nitrate (Announcement of operating results).

Recent updates

Narrative Update Jun 11

1898: Ongoing Coal Output And Dividends Will Drive Future Upside

Analysts have lifted their fair value estimate for China Coal Energy slightly, from about HK$18.12 to around HK$18.32 per share, reflecting updated assumptions on revenue growth, profit margins, and future P/E levels. What's in the News Reported April 2026 operating data, with commercial coal production at 10,020,000 tonnes for the month and 40,190,000 tonnes year to date, alongside chemical products such as polyethylene at 66,000 tonnes and polypropylene at 62,000 tonnes for the month.
Narrative Update May 28

1898: Ongoing Production Delivery And Dividend Support Will Drive Future Upside

Analysts now see fair value for China Coal Energy edging from HK$15.74 to HK$15.55. This reflects updated assumptions around higher forecast revenue growth of 5.32%, alongside a slightly lower profit margin of 11.56% and a modestly adjusted future P/E of 11.29x.
Narrative Update Apr 29

1898: Higher Forward P/E And Margins Will Sustain Overvaluation Risk

Analysts now place their price target for China Coal Energy at HK$9.63, up from HK$8.05, citing updated expectations for revenue growth, profit margins, and a higher future P/E multiple. What's in the News March 2026 production update shows commercial coal output of 1,097,000 tonnes for the month, with year-to-date volume of 3,017,000 tonnes, alongside reported volumes across polyethylene, polypropylene, urea, methanol and ammonium nitrate (Announcement of operating results).
Narrative Update Apr 15

1898: Higher Margins And Dividend Support Will Drive Future Upside

Analysts have lifted their price target on China Coal Energy to around HK$15.74 from about HK$12.73, citing updated assumptions that combine slightly lower revenue growth expectations with higher profit margin and P/E inputs. What's in the News Board meeting scheduled for March 27, 2026, to review and approve full year 2025 results and consider the recommendation of a final dividend for shareholders (company announcement).
Narrative Update Apr 01

1898: Higher Margins And Dividend Support Will Drive Future Upside

Analysts have raised their HK$ price target for China Coal Energy from about HK$14.51 to around HK$18.12, citing updated assumptions that include slightly lower revenue growth expectations, a higher projected profit margin and a revised future P/E multiple. What's in the News A board meeting is scheduled for March 27, 2026 to consider and approve the group’s annual results for the year ended December 31, 2025 and to consider recommending a final dividend (Key Developments).
Narrative Update Mar 18

1898: Future Earnings Will Depend On Softening Output And Pressured Profitability

Analysts have raised their fair value estimate for China Coal Energy from HK$11.55 to HK$12.73, citing updated assumptions for revenue growth, profit margins and future P/E expectations. What's in the News Board meeting scheduled for March 27, 2026, to review and approve annual results for the year ended December 31, 2025, and to consider recommending a final dividend (company announcement).
Narrative Update Mar 03

1898: Future Earnings Multiple Compression Will Pressure Overvalued Shares

Analysts have lifted their HK$ price target for China Coal Energy, citing a higher fair value estimate, a lower discount rate, a smaller expected revenue decline and a stronger profit margin outlook that results in a lower assumed future P/E multiple. What's in the News In January 2026, commercial coal production was 1,029 thousand tonnes, a 10.4% decline from 1,148 thousand tonnes in January 2025.
Narrative Update Feb 17

1898: Stable Production And Fine Tuned Assumptions Will Support Future Upside Potential

Analysts have slightly adjusted their fair value view on China Coal Energy, leading to a modest reset in the HK$ price target as they fine tune assumptions around the discount rate, revenue growth, profit margin, and future P/E. What's in the News Monthly production results for December 2025 show commercial coal output of 1,091,000 tonnes compared with 1,186,000 tonnes a year earlier, alongside polyethylene at 70,000 tonnes and polypropylene at 67,000 tonnes for the month (company announcement).
Analysis Article Feb 08

China Coal Energy Company Limited's (HKG:1898) Business And Shares Still Trailing The Market

When close to half the companies in Hong Kong have price-to-earnings ratios (or "P/E's") above 13x, you may consider...
Narrative Update Feb 03

1898: Future Earnings Will Rely On Stable Output And Modest Profitability

Analysts have raised their price target on China Coal Energy, citing updated fair value estimates now at ¥11.55, modest changes to the discount rate, and revised assumptions for revenue growth, profit margins, and future P/E levels. What's in the News Monthly and year to date production results for December 2025 released, covering commercial coal and a range of chemical products including polyethylene, polypropylene, urea, methanol, and ammonium nitrate, with volumes reported for both the latest period and the same period a year earlier (company announcement of operating results).
Narrative Update Jan 20

1898: Solid Production And Leadership Transition Will Support Future Upside Potential

Analysts have nudged their fair value estimate for China Coal Energy slightly higher to ¥14.51 from ¥14.47, as they refresh assumptions around revenue growth, profit margins, and the implied future P/E multiple. What's in the News Monthly and year-to-date production results for December 2025 show commercial coal volumes of 1,091,000 tonnes for the month and 13,510,000 tonnes year to date, alongside reported figures across polyethylene, polypropylene, urea, methanol and ammonium nitrate (company announcement of operating results for December 2025).
Narrative Update Jan 06

1898: Higher Margin Outlook May Support Future Upside Despite Leadership Change

Analysts have raised their price target for China Coal Energy to approximately ¥14.47 from around ¥14.28, citing updates to their models that reflect revised assumptions for the discount rate, revenue growth, profit margin and future P/E. What's in the News China Coal Energy has scheduled a special or extraordinary shareholders meeting for January 30, 2026, at 15:00 China Standard Time in Chaoyang District, Beijing, to address matters requiring shareholder approval (Key Developments).
Analysis Article Jan 06

The Return Trends At China Coal Energy (HKG:1898) Look Promising

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Narrative Update Dec 14

1898: Lower Discount Rate May Support Future Upside Despite Output Shifts

Analysts have raised their price target for China Coal Energy by approximately $0.85 per share, reflecting higher projected revenue growth and a lower discount rate that more than offset minor adjustments to long term profit margin and valuation multiples. What's in the News Reported October 2025 operating results showing slightly higher monthly commercial coal output year on year, alongside mixed trends in chemicals, with methanol volumes down but urea and ammonium nitrate up or stable (company announcement of operating results).
Narrative Update Nov 27

1898: Earnings Outlook Will Remain Steady As Chemical Output Offsets Coal Dip

Analysts have made a slight adjustment to China Coal Energy's price target, maintaining fair value at approximately ¥10.22 per share. They cite minimal changes in key financial metrics as the rationale for the update.
Analysis Article Nov 24

China Coal Energy (HKG:1898) Seems To Use Debt Quite Sensibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Narrative Update Nov 11

1898: Future Downward Coal Production Trend Will Pressure Earnings

Analysts have modestly increased their price target for China Coal Energy from ¥10.14 to ¥10.22. This reflects updated expectations for profitability and a slightly lower discount rate.
Analysis Article Nov 05

China Coal Energy Company Limited (HKG:1898) Shares Fly 26% But Investors Aren't Buying For Growth

China Coal Energy Company Limited ( HKG:1898 ) shares have had a really impressive month, gaining 26% after a shaky...
Narrative Update Oct 28

Earnings Outlook Will Improve Despite Production Declines And Lower Dividend

Analysts have raised their price target for China Coal Energy from ¥9.94 to ¥10.14. This reflects improved outlooks for revenue growth and profit margins in recent forecasts.
Analysis Article Oct 03

We Like These Underlying Return On Capital Trends At China Coal Energy (HKG:1898)

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Aug 29

China Coal Energy (HKG:1898) Is Paying Out Less In Dividends Than Last Year

China Coal Energy Company Limited's ( HKG:1898 ) dividend is being reduced by 25% to CN¥0.182 per share on 22nd of...
Narrative Update Aug 26

Yulin And Liquid Sunshine Projects Will Cut Costs Amid Risks

Driven by improved revenue growth outlook and a higher anticipated future P/E ratio, analysts have raised their fair value estimate for China Coal Energy, lifting the consensus price target from HK$9.06 to HK$9.70. What's in the News Interim dividend decreased to RMB 0.166 per share for the six months ended June 30, 2025.
Analysis Article Aug 11

Are Investors Undervaluing China Coal Energy Company Limited (HKG:1898) By 26%?

SEHK:1898 1 Year Share Price vs Fair Value Explore China Coal Energy's Fair Values from the Community and select yours...
Analysis Article Jul 16

Does China Coal Energy (HKG:1898) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jun 23

Investors Will Want China Coal Energy's (HKG:1898) Growth In ROCE To Persist

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
User avatar
New Narrative Nov 07

Expanding Capacity And Efficient Operations Signal Potential Growth For Coal Innovator

Increased production capacity and cost reductions may boost revenue and profitability, while operational excellence ensures stable and consistent earnings.

Shareholder Returns

1898HK Oil and GasHK Market
7D-3.3%-6.0%-4.5%
1Y21.1%26.1%2.0%

Return vs Industry: 1898 underperformed the Hong Kong Oil and Gas industry which returned 26.1% over the past year.

Return vs Market: 1898 exceeded the Hong Kong Market which returned 2% over the past year.

Price Volatility

Is 1898's price volatile compared to industry and market?
1898 volatility
1898 Average Weekly Movement5.8%
Oil and Gas Industry Average Movement8.6%
Market Average Movement7.4%
10% most volatile stocks in HK Market16.1%
10% least volatile stocks in HK Market3.6%

Stable Share Price: 1898 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 1898's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200646,585Shigang Gaowww.chinacoalenergy.com

China Coal Energy Company Limited, together with its subsidiaries, engages in the production and sale of coal in China and internationally. The company operates through four segments: Coal, Coal Chemical, Coal Mining Equipment, and Finance. It offers thermal and coking coal products; polyolefin, methanol, urea, and ammonium nitrate; and coal mining machinery and equipment.

China Coal Energy Company Limited Fundamentals Summary

How do China Coal Energy's earnings and revenue compare to its market cap?
1898 fundamental statistics
Market capHK$190.99b
Earnings (TTM)HK$20.54b
Revenue (TTM)HK$166.38b
7.1x
P/E Ratio
0.9x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1898 income statement (TTM)
RevenueCN¥143.85b
Cost of RevenueCN¥103.92b
Gross ProfitCN¥39.94b
Other ExpensesCN¥22.18b
EarningsCN¥17.76b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)1.34
Gross Margin27.76%
Net Profit Margin12.34%
Debt/Equity Ratio35.2%

How did 1898 perform over the long term?

See historical performance and comparison

Dividends

4.0%
Current Dividend Yield
29%
Payout Ratio

Does 1898 pay a reliable dividends?

See 1898 dividend history and benchmarks
When do you need to buy 1898 by to receive an upcoming dividend?
China Coal Energy dividend dates
Ex Dividend DateJul 02 2026
Dividend Pay DateAug 28 2026
Days until Ex dividend9 days
Days until Dividend pay date66 days

Does 1898 pay a reliable dividends?

See 1898 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/23 09:31
End of Day Share Price 2026/06/23 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

China Coal Energy Company Limited is covered by 46 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ephrem RaviBarclays
Lu WangBernstein
Yanlin ZhaoBofA Global Research