Reported Earnings • Apr 29
First quarter 2026 earnings released: EPS: CN¥0.14 (vs CN¥0.12 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.14 (up from CN¥0.12 in 1Q 2025). Revenue: CN¥8.86b (down 1.8% from 1Q 2025). Net income: CN¥807.9m (up 19% from 1Q 2025). Profit margin: 9.1% (up from 7.5% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Oil and Gas industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Announcement • Apr 29
Shanxi Coking Coal Energy Group Co., Ltd., Annual General Meeting, May 28, 2026 Shanxi Coking Coal Energy Group Co., Ltd., Annual General Meeting, May 28, 2026, at 10:00 China Standard Time. Location: 3F, No. 1, Xinjinci Road (1st Section), Wanbolin District, Taiyang, Shanxi China Price Target Changed • Apr 08
Price target decreased by 10% to CN¥7.08 Down from CN¥7.88, the current price target is an average from 2 analysts. New target price is 8.2% above last closing price of CN¥6.54. Stock is down 1.5% over the past year. The company is forecast to post earnings per share of CN¥0.39 for next year compared to CN¥0.56 last year. Announcement • Mar 31
Shanxi Coking Coal Energy Group Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Shanxi Coking Coal Energy Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Dec 31
Shanxi Coking Coal Energy Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Shanxi Coking Coal Energy Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.074 (vs CN¥0.15 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.074 (down from CN¥0.15 in 3Q 2024). Revenue: CN¥9.12b (down 21% from 3Q 2024). Net income: CN¥420.1m (down 52% from 3Q 2024). Profit margin: 4.6% (down from 7.6% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Oil and Gas industry in China. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Shanxi Coking Coal Energy Group Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Shanxi Coking Coal Energy Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Major Estimate Revision • Sep 03
Consensus EPS estimates fall by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥41.4b to CN¥40.6b. EPS estimate also fell from CN¥0.415 per share to CN¥0.367 per share. Net income forecast to grow 7.5% next year vs 21% growth forecast for Oil and Gas industry in China. Consensus price target down from CN¥8.02 to CN¥7.73. Share price fell 6.4% to CN¥6.73 over the past week. Reported Earnings • Aug 29
Second quarter 2025 earnings released: EPS: CN¥0.059 (vs CN¥0.18 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.059 (down from CN¥0.18 in 2Q 2024). Revenue: CN¥9.03b (down 18% from 2Q 2024). Net income: CN¥332.7m (down 67% from 2Q 2024). Profit margin: 3.7% (down from 9.2% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Oil and Gas industry in China. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥7.54, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Oil and Gas industry in China. Total loss to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.68 per share. Declared Dividend • Jul 09
Dividend reduced to CN¥0.22 Dividend of CN¥0.22 is 73% lower than last year. Ex-date: 11th July 2025 Payment date: 11th July 2025 Dividend yield will be 3.2%, which is lower than the industry average of 8.0%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 58% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 6.8% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 02
Shanxi Coking Coal Energy Group Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Shanxi Coking Coal Energy Group Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • May 29
Shanxi Coking Coal Energy Group Co., Ltd. Approves Cash Dividend for 2024 Shanxi Coking Coal Energy Group Co., Ltd. at the Annual General Meeting of 2024 on 27 May 2025 approved 2024 profit distribution plan of cash dividend per 10 shares (tax included) of CNY 2.20000000. Major Estimate Revision • May 05
Consensus revenue estimates fall by 12% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥48.4b to CN¥42.4b. EPS estimate fell from CN¥0.733 to CN¥0.437 per share. Net income forecast to shrink 7.0% next year vs 9.7% growth forecast for Oil and Gas industry in China . Consensus price target down from CN¥9.47 to CN¥8.02. Share price was steady at CN¥6.41 over the past week. Price Target Changed • May 02
Price target decreased by 15% to CN¥8.02 Down from CN¥9.47, the current price target is an average from 3 analysts. New target price is 25% above last closing price of CN¥6.41. Stock is down 39% over the past year. The company is forecast to post earnings per share of CN¥0.56 for next year compared to CN¥0.56 last year. Reported Earnings • Apr 29
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.55 (down from CN¥1.23 in FY 2023). Revenue: CN¥45.3b (down 18% from FY 2023). Net income: CN¥3.11b (down 54% from FY 2023). Profit margin: 6.9% (down from 12% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Oil and Gas industry in China. Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 23% per year. Announcement • Apr 29
Shanxi Coking Coal Energy Group Co., Ltd., Annual General Meeting, May 27, 2025 Shanxi Coking Coal Energy Group Co., Ltd., Annual General Meeting, May 27, 2025, at 10:00 China Standard Time. Announcement • Mar 31
Shanxi Coking Coal Energy Group Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Shanxi Coking Coal Energy Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 31
Shanxi Coking Coal Energy Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Shanxi Coking Coal Energy Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.20 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.15 (down from CN¥0.20 in 3Q 2023). Revenue: CN¥11.5b (down 12% from 3Q 2023). Net income: CN¥879.7m (down 22% from 3Q 2023). Profit margin: 7.6% (down from 8.5% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Oil and Gas industry in China. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 6% per year. Announcement • Sep 30
Shanxi Coking Coal Energy Group Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Shanxi Coking Coal Energy Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥8.82, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 9x in the Oil and Gas industry in China. Total loss to shareholders of 2.5% over the past three years. Major Estimate Revision • Sep 03
Consensus EPS estimates fall by 34% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥53.4b to CN¥49.7b. EPS estimate also fell from CN¥1.14 per share to CN¥0.754 per share. Net income forecast to grow 21% next year vs 19% growth forecast for Oil and Gas industry in China. Consensus price target down from CN¥12.52 to CN¥10.02. Share price rose 2.1% to CN¥7.82 over the past week. Price Target Changed • Aug 28
Price target decreased by 7.8% to CN¥11.02 Down from CN¥11.94, the current price target is an average from 3 analysts. New target price is 42% above last closing price of CN¥7.78. Stock is down 5.7% over the past year. The company is forecast to post earnings per share of CN¥0.84 for next year compared to CN¥1.23 last year. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.37 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.18 (down from CN¥0.37 in 2Q 2023). Revenue: CN¥11.0b (down 14% from 2Q 2023). Net income: CN¥1.02b (down 50% from 2Q 2023). Profit margin: 9.2% (down from 16% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Oil and Gas industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Shanxi Coking Coal Energy Group Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Shanxi Coking Coal Energy Group Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Board Change • Jun 09
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Independent Director Wanglin Tian was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Apr 25
Consensus EPS estimates fall by 17% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥56.4b to CN¥55.1b. EPS estimate also fell from CN¥1.55 per share to CN¥1.28 per share. Net income forecast to grow 19% next year vs 20% growth forecast for Oil and Gas industry in China. Consensus price target of CN¥11.42 unchanged from last update. Share price fell 4.9% to CN¥10.76 over the past week. Reported Earnings • Apr 24
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: CN¥1.23 (down from CN¥2.10 in FY 2022). Revenue: CN¥55.5b (down 15% from FY 2022). Net income: CN¥6.77b (down 37% from FY 2022). Profit margin: 12% (down from 17% in FY 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 9.9%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Oil and Gas industry in China. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Announcement • Apr 23
Shanxi Coking Coal Energy Group Co., Ltd., Annual General Meeting, May 24, 2024 Shanxi Coking Coal Energy Group Co., Ltd., Annual General Meeting, May 24, 2024, at 10:00 China Standard Time. Location: 3F, No. 1, Xinjinci Road (1st Section), Wanbolin District, Taiyang, Shanxi China Buy Or Sell Opportunity • Apr 22
Now 21% undervalued Over the last 90 days, the stock has risen 6.7% to CN¥10.65. The fair value is estimated to be CN¥13.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 2.4% in 2 years. Earnings are forecast to grow by 33% in the next 2 years. Announcement • Mar 30
Shanxi Coking Coal Energy Group Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Shanxi Coking Coal Energy Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Buy Or Sell Opportunity • Mar 12
Now 21% undervalued Over the last 90 days, the stock has risen 7.6% to CN¥10.85. The fair value is estimated to be CN¥13.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 1.8% in 2 years. Earnings are forecast to grow by 30% in the next 2 years. Buy Or Sell Opportunity • Jan 19
Now 23% undervalued Over the last 90 days, the stock has risen 5.5% to CN¥9.95. The fair value is estimated to be CN¥12.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 1.8% in 2 years. Earnings are forecast to grow by 30% in the next 2 years. Buying Opportunity • Jan 18
Now 20% undervalued Over the last 90 days, the stock is up 9.0%. The fair value is estimated to be CN¥12.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 1.8% in 2 years. Earnings is forecast to grow by 30% in the next 2 years. Announcement • Dec 29
Shanxi Coking Coal Energy Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024 Shanxi Coking Coal Energy Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024 Announcement • Dec 22
Shanxi Coking Coal Energy Group Co., Ltd. Announces Board Appointments Shanxi Coking Coal Energy Group Co., Ltd. at its Extraordinary General Meeting of 2023 held on 20 December 2023, approved election of Tian Wanglin and Hao Enlei as independent directors. Price Target Changed • Dec 05
Price target increased by 10% to CN¥11.28 Up from CN¥10.21, the current price target is an average from 3 analysts. New target price is 16% above last closing price of CN¥9.73. Stock is down 26% over the past year. The company is forecast to post earnings per share of CN¥1.38 for next year compared to CN¥2.09 last year. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.64 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.20 (down from CN¥0.64 in 3Q 2022). Revenue: CN¥13.1b (down 2.4% from 3Q 2022). Net income: CN¥1.12b (down 57% from 3Q 2022). Profit margin: 8.5% (down from 19% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Oil and Gas industry in China. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Oct 26
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 5.3%. The fair value is estimated to be CN¥10.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to decline by 0.2% in 2 years. Earnings is forecast to grow by 4.6% in the next 2 years. Announcement • Sep 30
Shanxi Coking Coal Energy Group Co., Ltd. to Report Q3, 2023 Results on Oct 26, 2023 Shanxi Coking Coal Energy Group Co., Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023 Major Estimate Revision • Aug 14
Consensus EPS estimates fall by 36% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥62.5b to CN¥57.1b. EPS estimate also fell from CN¥2.23 per share to CN¥1.43 per share. Net income forecast to shrink 1.3% next year vs 5.2% growth forecast for Oil and Gas industry in China . Consensus price target down from CN¥12.49 to CN¥10.93. Share price fell 4.6% to CN¥8.34 over the past week. Buying Opportunity • Aug 11
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 19%. The fair value is estimated to be CN¥10.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to decline by 0.2% in 2 years. Earnings is forecast to grow by 4.6% in the next 2 years. Price Target Changed • Aug 11
Price target decreased by 13% to CN¥10.93 Down from CN¥12.49, the current price target is an average from 3 analysts. New target price is 30% above last closing price of CN¥8.43. Stock is down 31% over the past year. The company is forecast to post earnings per share of CN¥1.43 for next year compared to CN¥2.09 last year. Price Target Changed • Aug 08
Price target decreased by 9.8% to CN¥11.93 Down from CN¥13.23, the current price target is an average from 3 analysts. New target price is 39% above last closing price of CN¥8.61. Stock is down 29% over the past year. The company is forecast to post earnings per share of CN¥2.23 for next year compared to CN¥2.09 last year. Reported Earnings • Aug 08
Second quarter 2023 earnings released: EPS: CN¥0.37 (vs CN¥0.79 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.37 (down from CN¥0.79 in 2Q 2022). Revenue: CN¥12.8b (down 11% from 2Q 2022). Net income: CN¥2.05b (down 37% from 2Q 2022). Profit margin: 16% (down from 22% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Oil and Gas industry in China. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Announcement • Aug 04
Shanxi Coking Coal Energy Group Co., Ltd. Approves Management Election Shanxi Coking Coal Energy Group Co., Ltd. at its Extraordinary General Meeting held on 02 August 2023 approved the election of Wang Qiang, Wang Huiling and Jiao Yuqiang. The company also approved the election of Su Xinqiang and Zhao Yanhao as non-employee supervisor. Announcement • Jul 01
Shanxi Coking Coal Energy Group Co.,Ltd. to Report First Half, 2023 Results on Aug 08, 2023 Shanxi Coking Coal Energy Group Co.,Ltd. announced that they will report first half, 2023 results on Aug 08, 2023 Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥8.95, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 5x in the Oil and Gas industry in China. Total returns to shareholders of 193% over the past three years. Announcement • Jun 16
Shanxi Coking Coal Energy Group Co.,Ltd. Implements Final Cash Dividend on A Shares for 2022, Payable on 21 June 2023 Shanxi Coking Coal Energy Group Co.,Ltd. implemented final cash dividend per 10 shares (tax included) on A Shares of CNY 12.0000000 for 2022. Record date is 20 June 2023. Ex-date is 21 June 2023. Payment date is 21 June 2023. Announcement • Jun 01
Shanxi Coking Coal Energy Group Co.,Ltd. Approves Cash Dividend for 2022 Shanxi Coking Coal Energy Group Co.,Ltd. announced that at its AGM held on 26 May 2023, the shareholders approved 2022 profit distribution plan as cash dividend/10 shares (tax included): CNY 12.00000000. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.47 (vs CN¥0.60 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.47. Revenue: CN¥14.8b (up 11% from 1Q 2022). Net income: CN¥2.47b (flat on 1Q 2022). Profit margin: 17% (down from 19% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 2 years compared to a 5.9% growth forecast for the Oil and Gas industry in China. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥13.33, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Oil and Gas industry in China. Total returns to shareholders of 270% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥19.31 per share. Board Change • Nov 16
High number of new and inexperienced directors There are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. 1 experienced director. No highly experienced directors. Supervisor Xiaoqiang Zhong is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 18
Third quarter 2022 earnings released: EPS: CN¥0.64 (vs CN¥0.30 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.64 (up from CN¥0.30 in 3Q 2021). Revenue: CN¥13.5b (up 29% from 3Q 2021). Net income: CN¥2.60b (up 112% from 3Q 2021). Profit margin: 19% (up from 12% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in China are expected to grow by 6.2%. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥14.38, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Oil and Gas industry in China. Total returns to shareholders of 250% over the past three years. Reported Earnings • Aug 09
Second quarter 2022 earnings released: EPS: CN¥0.79 (vs CN¥0.25 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.79 (up from CN¥0.25 in 2Q 2021). Revenue: CN¥14.4b (up 45% from 2Q 2021). Net income: CN¥3.24b (up 213% from 2Q 2021). Profit margin: 22% (up from 10% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.5%, compared to a 11% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Jul 13
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from CN¥2.22 to CN¥2.44. Revenue forecast unchanged at CN¥58.3b. Net income forecast to grow 73% next year vs 40% growth forecast for Oil and Gas industry in China. Consensus price target of CN¥13.88 unchanged from last update. Share price fell 8.7% to CN¥11.96 over the past week. Announcement • Jul 07
Shanxi Coking Coal Energy Group Co.,Ltd. Announces Final Dividend on A Shares for the Year 2021, Payable on July 13, 2022 Shanxi Coking Coal Energy Group Co.,Ltd. announced final cash dividend/10 shares (tax included) of CNY 8.00000000 on A shares for the year 2021. Record date is July 12, 2022. Ex-date is July 13, 2022. Payment date is July 13, 2022. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥16.20, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 6x in the Oil and Gas industry in China. Total returns to shareholders of 263% over the past three years. Announcement • May 24
Shanxi Coking Coal Energy Group Co.,Ltd. Approves Cash Dividend for 2021 Shanxi Coking Coal Energy Group Co.,Ltd. at its AGM held on May 20, 2022, approved cash dividend of CNY 8.00000000 per 10 shares (tax included) for 2021. Valuation Update With 7 Day Price Move • May 10
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥11.89, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 7x in the Oil and Gas industry in China. Total returns to shareholders of 178% over the past three years. Reported Earnings • May 02
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2022 results: EPS: CN¥0.60 (up from CN¥0.22 in 1Q 2021). Revenue: CN¥13.3b (up 43% from 1Q 2021). Net income: CN¥2.46b (up 170% from 1Q 2021). Profit margin: 19% (up from 9.8% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) exceeded analyst estimates by 13%. Over the next year, revenue is forecast to stay flat compared to a 5.7% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 02
Shanxi Coking Coal Energy Group Co.,Ltd. Proposes Final Cash Dividend for the Year 2021 Shanxi Coking Coal Energy Group Co.,Ltd. proposed final Cash dividend/10 shares (tax included) of CNY 8.00000000 for the year 2021. Board Change • Apr 27
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Independent Director Shuping Deng is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Major Estimate Revision • Apr 21
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from CN¥1.49 to CN¥1.85. Revenue forecast unchanged at CN¥50.4b. Net income forecast to grow 82% next year vs 46% growth forecast for Oil and Gas industry in China. Consensus price target of CN¥9.95 unchanged from last update. Share price was steady at CN¥13.90 over the past week. Reported Earnings • Apr 15
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥1.02 (up from CN¥0.48 in FY 2020). Revenue: CN¥45.3b (up 34% from FY 2020). Net income: CN¥4.17b (up 113% from FY 2020). Profit margin: 9.2% (up from 5.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 14%. Over the next year, revenue is forecast to grow 9.2%, compared to a 14% growth forecast for the oil industry in China. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥13.68, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 8x in the Oil and Gas industry in China. Total returns to shareholders of 178% over the past three years. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 27% share price gain to CN¥12.73, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Oil and Gas industry in China. Total returns to shareholders of 197% over the past three years. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥9.36, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Oil and Gas industry in China. Total returns to shareholders of 135% over the past three years. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥7.75, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Oil and Gas industry in China. Total returns to shareholders of 95% over the past three years. Announcement • Jan 19
Shanxi Coking Coal Energy Group Co. ,Ltd. (SZSE:000983) agreed to acquire 49% stake in Shanxi Huajin Mingzhu Coal Industry Co.,Ltd. from Li Jinyu and Gao Jianping for CNY 440 million. Shanxi Coking Coal Energy Group Co. ,Ltd. (SZSE:000983) agreed to acquire 49% stake in Shanxi Huajin Mingzhu Coal Industry Co.,Ltd. from Li Jinyu and Gao Jianping for CNY 440 million on January 17, 2022. The cash payment ratio is 15% of the transaction price, and the share payment ratio is 85% of the transaction price. The deal is subject to approval from China Securities Regulatory Commission, Shanxi Coking Coal Energy Group Co. ,Ltd. (SZSE:000983) shareholders and board. As of January 18, 2022 Shanxi Coking Coal Energy Group Co. ,Ltd. (SZSE:000983) board approved the deal. Announcement • Jan 18
Shanxi Coking Coal Energy Group Co. ,Ltd. announced that it expects to receive CNY 4.4 billion in funding Shanxi Coking Coal Energy Group Co., Ltd. announced that has entered into agreement in a private placement for issuing not more than 1,228,968,000 shares for gross proceeds of not more than CNY 4.4 billion on January 17, 2022. The transaction included participation from not more than 35 investors. The transaction was approved by board of directors in its sixth meeting of the eighth board of directors. The number of issued shares is ultimately subject to the number considered and approval by the China Securities Regulatory Commission. The securities issued are subjected to 6 months hold period. The transaction needs to be reviewed and approved by the general meeting of shareholders of the company. The number of shares to be issued in this transaction does not exceed 30% of the total share capital of the company before this transaction. The total amount of funds raised in this transaction does not exceed 100% of the transaction price for the purchase of assets by issuing shares in this transaction. The transaction needs to receive the final approval of the competent state-owned assets supervision and administration agency or its authorized unit. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥9.18, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Oil and Gas industry in China. Total returns to shareholders of 102% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥18.00 per share. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improved over the past week After last week's 29% share price gain to CN¥16.08, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Oil and Gas industry in China. Total returns to shareholders of 258% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥17.88 per share. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥10.35, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Oil and Gas industry in China. Total returns to shareholders of 118% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥16.87 per share. Reported Earnings • Aug 09
Second quarter 2021 earnings released: EPS CN¥0.25 (vs CN¥0.15 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥9.97b (up 27% from 2Q 2020). Net income: CN¥1.03b (up 72% from 2Q 2020). Profit margin: 10% (up from 7.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Major Estimate Revision • Aug 07
Consensus revenue estimates increase to CN¥40.9b The consensus outlook for revenues in 2021 has improved. 2021 revenue forecast increased from CN¥34.6b to CN¥40.9b. EPS estimate increased from CN¥0.62 to CN¥0.73 per share. Net income forecast to grow 35% next year vs 41% growth forecast for Oil and Gas industry in China. Consensus price target up from CN¥6.98 to CN¥7.93. Share price was steady at CN¥8.71 over the past week. Major Estimate Revision • Aug 06
Consensus EPS estimates increase to CN¥0.93 The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from CN¥34.6b to CN¥36.1b. EPS estimate increased from CN¥0.62 to CN¥0.93 per share. Net income forecast to grow 59% next year vs 41% growth forecast for Oil and Gas industry in China. Consensus price target up from CN¥6.98 to CN¥7.93. Share price was steady at CN¥8.71 over the past week. Major Estimate Revision • Jul 02
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 EPS estimate increased from CN¥0.59 to CN¥0.65. Revenue forecast steady at CN¥34.6b. Net income forecast to grow 19% next year vs 41% growth forecast for Oil and Gas industry in China. Consensus price target of CN¥6.98 unchanged from last update. Share price fell 13% to CN¥7.80 over the past week. Price Target Changed • Jun 23
Price target increased to CN¥6.98 Up from CN¥5.51, the current price target is an average from 4 analysts. New target price is 13% below last closing price of CN¥8.00. Stock is up 114% over the past year. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥7.62, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Oil and Gas industry in China. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.49 per share. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥6.69, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Oil and Gas industry in China. Total returns to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.29 per share. Announcement • Apr 29
Shanxi Coking Coal Energy Group Co. ,Ltd. Announces Cash Dividend Shanxi Coking Coal Energy Group Co.,Ltd. announced Cash dividend/10 shares CNY 1.00000000 (tax included) for the year 2020. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.13 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥9.26b (up 33% from 1Q 2020). Net income: CN¥909.7m (up 70% from 1Q 2020). Profit margin: 9.8% (up from 7.7% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥5.50, the stock is trading at a trailing P/E ratio of 15x, up from the previous P/E ratio of 12.7x. This compares to an average P/E of 17x in the Oil and Gas industry in China. Total return to shareholders over the past three years is a loss of 20%. Is New 90 Day High Low • Feb 02
New 90-day low: CN¥4.78 The company is down 2.0% from its price of CN¥4.89 on 04 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.10 per share.