Declared Dividend • Jun 01
Dividend of CN¥0.22 announced Shareholders will receive a dividend of CN¥0.22. Ex-date: 2nd July 2026 Payment date: 28th August 2026 Dividend yield will be 18%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 32% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 7.3% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Yanjing Zhan was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 28
China Coal Energy Company Limited, Annual General Meeting, Jun 26, 2026 China Coal Energy Company Limited, Annual General Meeting, Jun 26, 2026, at 15:00 China Standard Time. Location: No. 1, Huangsi Avenue, Chaoyang District, Beijing China Announcement • Mar 30
China Coal Energy Company Limited to Report Q1, 2026 Results on Apr 28, 2026 China Coal Energy Company Limited announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Mar 29
China Coal Energy Company Limited Proposes Ordinary Final Dividend for the Year Ended 31 December 2025 China Coal Energy Company Limited proposed ordinary final dividend of RMB 0.217 per share for the year ended 31 December 2025. Announcement • Dec 26
China Coal Energy Company Limited to Report Fiscal Year 2025 Results on Mar 28, 2026 China Coal Energy Company Limited announced that they will report fiscal year 2025 results on Mar 28, 2026 Announcement • Sep 30
China Coal Energy Company Limited to Report Q3, 2025 Results on Oct 28, 2025 China Coal Energy Company Limited announced that they will report Q3, 2025 results on Oct 28, 2025 Announcement • Aug 22
China Coal Energy Company Limited Announces Interim Dividend for the Six Months Ended June 30, 2025, Payable on October 22, 2025 China Coal Energy Company Limited announced interim dividend for the six months ended June 30, 2025 is RMB 0.166 per share. Ex-dividend date is 05 September 2025, Record date is 12 September 2025 and Payment date is 22 October 2025. Announcement • Jun 30
China Coal Energy Company Limited to Report First Half, 2025 Results on Aug 23, 2025 China Coal Energy Company Limited announced that they will report first half, 2025 results on Aug 23, 2025 Announcement • Jun 29
China Coal Energy Company Limited Approves Ordinary Final Dividend for the Year Ended December 31, 2024, Payable on 27 August 2025 China Coal Energy Company Limited approved a final dividend of RMB 0.258 per share for the Year Ended 31 December 2024. Ex-dividend date is 03 July 2025. Record date is 10 July 2025. Payment date is 27 August 2025. Date of shareholders' approval is 27 June 2025. Announcement • Apr 25
China Coal Energy Company Limited, Annual General Meeting, Jun 27, 2025 China Coal Energy Company Limited, Annual General Meeting, Jun 27, 2025, at 15:00 China Standard Time. Location: china coal building, no. 1 huangsidajie, chaoyang district, beijing China Announcement • Mar 28
China Coal Energy Company Limited to Report Q1, 2025 Results on Apr 26, 2025 China Coal Energy Company Limited announced that they will report Q1, 2025 results on Apr 26, 2025 Announcement • Mar 21
China Coal Energy Company Limited Proposes Final Dividend for the Year Ended 31 December 2024 China Coal Energy Company Limited proposed final dividend of RMB 0.258 per share for the year ended 31 December 2024. Announcement • Dec 27
China Coal Energy Company Limited to Report Fiscal Year 2024 Results on Mar 22, 2025 China Coal Energy Company Limited announced that they will report fiscal year 2024 results on Mar 22, 2025 Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: CN¥0.36 (vs CN¥0.37 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.36 (down from CN¥0.37 in 3Q 2023). Revenue: CN¥47.4b (up 1.2% from 3Q 2023). Net income: CN¥4.83b (flat on 3Q 2023). Profit margin: 10% (in line with 3Q 2023). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 1.7% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
China Coal Energy Company Limited to Report Q3, 2024 Results on Oct 24, 2024 China Coal Energy Company Limited announced that they will report Q3, 2024 results on Oct 24, 2024 Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €1.10, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 116% over the past three years. Upcoming Dividend • Aug 30
Upcoming dividend of HK$0.24 per share Eligible shareholders must have bought the stock before 06 September 2024. Payment date: 23 October 2024. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.6%). Reported Earnings • Aug 25
Second quarter 2024 earnings released: EPS: CN¥0.43 (vs CN¥0.35 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.43 (up from CN¥0.35 in 2Q 2023). Revenue: CN¥47.6b (down 5.2% from 2Q 2023). Net income: CN¥5.73b (up 22% from 2Q 2023). Profit margin: 12% (up from 9.3% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 1.1% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 23
China Coal Energy Company Limited Declares Interim Dividend for the Six Months Ended 30 June 2024, Payable on 23 October 2024 China Coal Energy Company Limited declared interim dividend of RMB 0.221 per share for the Six Months Ended 30 June 2024. Payable on 23 October 2024. Ex-dividend date: 06 September 2024. Record date: 13 September 2024. Announcement • Jul 24
China Coal Energy Company Limited Announces Board and Committee Resignations The board of directors of China Coal Energy Company Limited announced that on 24 July 2024, Mr. Zhang Chengjie, an independent non-executive director of the Company, tendered his resignation as an independent non-executive director, chairman of the Nomination Committee, a member of the Strategic Planning Committee and a member of the Audit and Risk Management Committee of the Board due to the expiration of his term of office; Ms. Hung Lo Shan Lusan, an independent non-executive director of the Company, tendered her resignation as an independent non-executive director, the chairman of the Audit and Risk Management Committee, a member of the Strategic Planning Committee, a member of the Remuneration Committee and a member of the Nomination Committee of the Board due to work adjustment. Each of the above resignations will take effect from the date on which a new independent non-executive director is elected by the shareholders (the ‘Shareholders’) of the Company at the general meeting. Mr. Zhang Chengjie and Ms. Hung Lo Shan Lusan have no disagreement with the Board and there are no other matters relating to their resignations that need to be brought to the attention of the Shareholders and creditors of the Company. Announcement • Jun 29
China Coal Energy Company Limited Declares Final Dividend for the Year Ended 31 December 2023, Payable 26 August 2024 China Coal Energy Company Limited at its AGM held on June 28, 2024 declared final dividend of RMB 0.442 per Share (H shares) inclusive tax in an aggregate amount of approximately RMB 5,860,214,700 for the year ended 31 December 2023. The final dividend of H Shares will be paid to the holders of H Shares whose names appear on the register of members for H Shares of the Company on Thursday, 11 July 2024 (the "Record Date"). The register of members of the Company will be closed from Monday, 8 July 2024 to Thursday, 11 July 2024 (both days inclusive), during which period no transfer of H Shares of the Company will be registered. In order to qualify for receiving the final dividend, all transfer documents of the holders of H Shares of the Company must be lodged with Computershare Hong Kong Investor Services Limited, the H share registrar of the Company in Hong Kong, at Rooms 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong no later than 4:30 p.m. on Friday, 5 July 2024. The Company has appointed Bank of China (Hong Kong) Trustees Limited as the receiving agent of H Shares in Hong Kong and will pay to such Receiving Agent final dividend declared for payment to holders of H Shares. Final dividend will be paid by the Receiving Agent and relevant cheques will be despatched on Monday, 26 August 2024 to holders of H Shares entitled to receive such dividend by ordinary post at their own risk. Upcoming Dividend • Jun 27
Upcoming dividend of CN¥0.56 per share Eligible shareholders must have bought the stock before 04 July 2024. Payment date: 26 August 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.6%). Announcement • May 30
China Coal Energy Company Limited Proposes Special Dividend On 30 May 2024, China Coal Energy Company Limited received a proposal issued by its controlling shareholder, China National Coal Group Corporation, on payment of special dividend and interim dividend for the year of 2024. Further distribute a special dividend of RMB 1.5 billion to all the shareholders of the Company, being a cash dividend of RMB 0.113 per share (tax inclusive) based on the total share capital of 13,258,663,400 shares as at 31 December 2023; the general meeting of the Company authorizes the board of directors of the Company (the "Board") to formulate and implement a specific interim dividend plan in accordance with the general meeting resolution and subject to the conditions for profit distribution. The proposed dividend amount shall not be less than 30% of the net profit attributable to the equity holders of the listed company in the first half of 2024 (whichever is lower under the China Accounting Standards for Business Enterprises and International Financial Reporting Standards), and shall not exceed the net profit attributable to the equity holders of the listed company in the corresponding period. Therefore, a meeting of the Board will be held on 12 June 2024, for the purpose of, among others, considering and approving the recommendation for declaration and payment of a special dividend to the Shareholders. New Risk • May 24
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • May 09
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €1.06, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total returns to shareholders of 146% over the past three years. New Risk • Apr 26
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.1% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Apr 26
China Coal Energy Company Limited, Annual General Meeting, Jun 28, 2024 China Coal Energy Company Limited, Annual General Meeting, Jun 28, 2024, at 15:00 China Standard Time. Location: No. 1, Huangsi Avenue, Chaoyang District, Beijing China Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: CN¥0.37 (vs CN¥0.54 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.37 (down from CN¥0.54 in 1Q 2023). Revenue: CN¥45.4b (down 23% from 1Q 2023). Net income: CN¥4.97b (down 31% from 1Q 2023). Profit margin: 11% (down from 12% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 29
China Coal Energy Company Limited to Report Q1, 2024 Results on Apr 25, 2024 China Coal Energy Company Limited announced that they will report Q1, 2024 results on Apr 25, 2024 Reported Earnings • Mar 20
Full year 2023 earnings released: EPS: CN¥1.52 (vs CN¥1.38 in FY 2022) Full year 2023 results: EPS: CN¥1.52 (up from CN¥1.38 in FY 2022). Revenue: CN¥193.0b (down 13% from FY 2022). Net income: CN¥20.2b (up 11% from FY 2022). Profit margin: 11% (up from 8.3% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.1% average weekly change). Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to €1.02, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total returns to shareholders of 359% over the past three years. Announcement • Dec 29
China Coal Energy Company Limited to Report Fiscal Year 2023 Results on Mar 21, 2024 China Coal Energy Company Limited announced that they will report fiscal year 2023 results on Mar 21, 2024 Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.37 (vs CN¥0.45 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.37 (down from CN¥0.45 in 3Q 2022). Revenue: CN¥46.9b (down 18% from 3Q 2022). Net income: CN¥4.85b (down 19% from 3Q 2022). Profit margin: 10% (in line with 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 2.7% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Sep 06
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Lusan Hung 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. Announcement • Sep 01
China Coal Energy Company Limited Announces Resignation of Peng Yi as the Vice Chairman of the Board, an Executive Director, the Chairman of the Safety, Health and Environmental Protection Committee of the Board and A Member of the Strategic Planning Committee of the Board China Coal Energy Company Limited announced that due to retirement, Mr. Peng Yi has tendered his resignation as the vice chairman of the Board, an executive director, the chairman of the Safety, Health and Environmental Protection Committee of the Board and a member of the Strategic Planning Committee of the Board, on 31 August 2023 with immediate effect. Mr. Peng Yi has no disagreement with the Board, and there are no other matters in respect of his resignation that need to be brought to the attention of the shareholders of the Company. During his tenure, Mr. Peng Yi was diligent and conscientious in his duties, and made significant contributions to deepening the corporate reform, standardizing the corporate governance, safeguarding the Company's interests and promoting the Company's development. The Board hereby would like to express its sincere gratitude to Mr. Peng Yi for his valuable contributions to the Company during his tenure of office. Announcement • Jun 14
China Coal Energy Company Limited Approves Final Dividend for the Year Ended 31 December 2022, Payable on 8 August 2023 China Coal Energy Company Limited announced at the AGM held on June 13, 2023 that the company approved final dividend of RMB0.413 per Share (tax inclusive) in an aggregate amount of approximately RMB5,472,160,500 for the year ended 31 December 2022 was approved at the AGM. The dividend of H Shares will be paid to the holders of H Shares whose names appear on the register of members for H Shares of the Company on 26 June 2023 (the "Record Date"). The register of members of the Company will be closed from 20 June 2023 to 26 June 2023 (both days inclusive), during which period no transfer of H Shares of the Company will be registered. In order to qualify for receiving the dividend, all transfer documents of the holders of H Shares of the Company must be lodged with Computershare Hong Kong Investor Services Limited, the H share registrar of the Company in Hong Kong, at Rooms 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong no later than 4:30 p.m. on 19 June 2023. The Company has appointed Bank of China (Hong Kong) Trustees Limited as the receiving agent of H Shares in Hong Kong (the "Receiving Agent") and will pay to such Receiving Agent final dividend declared for payment to holders of H Shares. Final dividend will be paid by the Receiving Agent and relevant cheques will be dispatched on 8 August 2023 to holders of H Shares entitled to receive such dividend by ordinary post at their own risk. Upcoming Dividend • Jun 09
Upcoming dividend of CN¥0.41 per share at 6.9% yield Eligible shareholders must have bought the stock before 16 June 2023. Payment date: 31 August 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 6.9%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.3%). Announcement • May 25
China Coal Energy Company Limited, Annual General Meeting, Jun 13, 2023 China Coal Energy Company Limited, Annual General Meeting, Jun 13, 2023, at 15:00 China Standard Time. Location: China Coal Building, No. 1 Huangsidajie, Chaoyang District, Beijing China Agenda: To consider and, if thought fit, to approve the report of the board of directors of the Company for the year ended December 31, 2022; To consider and, if thought fit, to approve the report of the supervisory committee of the Company for the year ended December 31, 2022; to consider and, if thought fit, to approve the audited financial statements of the Company for the year ended December 31, 2022; and to consider other matters. Announcement • May 24
China Coal Energy Company Limited Proposes Final Dividend for the Year Ended December 31, 2022 China Coal Energy Company Limited proposed a final dividend of RMB 0.413 per share for the year ended December 31, 2022. The ex-dividend date is on 16 June 2023 and the Record date is 26 June 2023. Reported Earnings • Mar 24
Full year 2022 earnings released: EPS: CN¥1.38 (vs CN¥1.00 in FY 2021) Full year 2022 results: EPS: CN¥1.38 (up from CN¥1.00 in FY 2021). Revenue: CN¥220.6b (down 4.6% from FY 2021). Net income: CN¥18.2b (up 37% from FY 2021). Profit margin: 8.3% (up from 5.7% in FY 2021). Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Chong Shun Leung was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.45 (vs CN¥0.32 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.45 (up from CN¥0.32 in 3Q 2021). Revenue: CN¥57.3b (down 9.1% from 3Q 2021). Net income: CN¥5.95b (up 39% from 3Q 2021). Profit margin: 10% (up from 6.8% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is expected to fall by 6.0% p.a. on average during the next 3 years compared to a 4.8% decline forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 27
Second quarter 2022 earnings released: EPS: CN¥0.59 (vs CN¥0.31 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.59 (up from CN¥0.31 in 2Q 2021). Revenue: CN¥56.3b (up 3.7% from 2Q 2021). Net income: CN¥7.74b (up 90% from 2Q 2021). Profit margin: 14% (up from 7.5% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the next year, revenue is forecast to grow 7.3%, compared to a 53% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 28
First quarter 2022 earnings released: EPS: CN¥0.51 (vs CN¥0.26 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.51 (up from CN¥0.26 in 1Q 2021). Revenue: CN¥61.7b (up 39% from 1Q 2021). Net income: CN¥6.79b (up 94% from 1Q 2021). Profit margin: 11% (up from 7.9% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to stay flat compared to a 43% growth forecast for the industry in Germany. 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 26% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Chong Shun Leung was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 05
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: CN¥1.00 (up from CN¥0.45 in FY 2020). Revenue: CN¥231.1b (up 64% from FY 2020). Net income: CN¥13.2b (up 124% from FY 2020). Profit margin: 5.7% (up from 4.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 100%. Over the next year, revenue is expected to shrink by 19% compared to a 68% growth forecast for the oil industry in Germany. 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 21% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.32 (vs CN¥0.14 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥63.0b (up 62% from 3Q 2020). Net income: CN¥4.27b (up 132% from 3Q 2020). Profit margin: 6.8% (up from 4.7% in 3Q 2020). The increase in margin was driven by higher revenue. 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 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.31 (vs CN¥0.12 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥54.3b (up 60% from 2Q 2020). Net income: CN¥4.08b (up 145% from 2Q 2020). Profit margin: 7.5% (up from 4.9% 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 36% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 24
First quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.05 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥44.4b (up 62% from 1Q 2020). Net income: CN¥3.51b (up 441% from 1Q 2020). Profit margin: 7.9% (up from 2.4% 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 28% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 26
Full year 2020 earnings released: EPS CN¥0.45 (vs CN¥0.42 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥141.0b (up 9.0% from FY 2019). Net income: CN¥5.90b (up 4.9% from FY 2019). Profit margin: 4.2% (down from 4.4% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Executive Departure • Mar 04
Chairman of the Board Yanjiang Li has left the company On the 2nd of March, Yanjiang Li's tenure as Chairman of the Board ended after 8.2 years in the role. We don't have any record of a personal shareholding under Yanjiang's name. Yanjiang is the only executive to leave the company over the last 12 months. Is New 90 Day High Low • Feb 23
New 90-day high: €0.29 The company is up 20% from its price of €0.24 on 25 November 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 33% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.85 per share. Is New 90 Day High Low • Jan 08
New 90-day high: €0.27 The company is up 43% from its price of €0.19 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 35% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.66 per share. Is New 90 Day High Low • Dec 08
New 90-day high: €0.25 The company is up 31% from its price of €0.19 on 09 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 44% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.57 per share. Is New 90 Day High Low • Nov 16
New 90-day high: €0.22 The company is up 11% from its price of €0.20 on 18 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.54 per share. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥4.02b, down 21% from the prior year. Total revenue was CN¥135.3b over the last 12 months, up 12% from the prior year. Announcement • Oct 14
China Coal Energy Company Limited to Report Nine Months, 2020 Results on Oct 28, 2020 China Coal Energy Company Limited announced that they will report nine months, 2020 results on Oct 28, 2020