NOT FOR DISTRIBUTION
Header cover image

China Coal Energy

Market Cap

HK$94.8b

Last Updated

2021/05/06 10:11 UTC

Data Sources

Company Financials +

Executive Summary

China Coal Energy Company Limited primarily mines for, processes, produces, and sells coal in the People’s Republic of China and internationally. More Details


Snowflake Analysis

Undervalued with solid track record.


Similar Companies

Share Price & News

How has China Coal Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1898 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 1898's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

7.7%

1898

5.4%

HK Oil and Gas

-1.8%

HK Market


1 Year Return

132.2%

1898

17.2%

HK Oil and Gas

27.5%

HK Market

Return vs Industry: 1898 exceeded the Hong Kong Oil and Gas industry which returned 14.1% over the past year.

Return vs Market: 1898 exceeded the Hong Kong Market which returned 27.1% over the past year.


Shareholder returns

1898IndustryMarket
7 Day7.7%5.4%-1.8%
30 Day26.9%5.4%-1.6%
90 Day112.9%19.2%-2.5%
1 Year150.1%132.2%26.4%17.2%32.5%27.5%
3 Year49.6%32.4%-28.5%-40.6%4.0%-7.0%
5 Year69.4%48.1%1.5%-20.2%60.1%32.9%

Long-Term Price Volatility Vs. Market

How volatile is China Coal Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is China Coal Energy undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1898 (HK$4.62) is trading below our estimate of fair value (HK$19.4)

Significantly Below Fair Value: 1898 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1898 is good value based on its PE Ratio (5.9x) compared to the HK Oil and Gas industry average (7.6x).

PE vs Market: 1898 is good value based on its PE Ratio (5.9x) compared to the Hong Kong market (11.7x).


Price to Earnings Growth Ratio

PEG Ratio: 1898's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: 1898 is good value based on its PB Ratio (0.5x) compared to the HK Oil and Gas industry average (0.7x).


Future Growth

How is China Coal Energy forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

-10.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1898's earnings are forecast to decline over the next 3 years (-10.5% per year).

Earnings vs Market: 1898's earnings are forecast to decline over the next 3 years (-10.5% per year).

High Growth Earnings: 1898's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 1898's revenue is expected to decline over the next 3 years (-2.4% per year).

High Growth Revenue: 1898's revenue is forecast to decline over the next 3 years (-2.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1898's Return on Equity is forecast to be low in 3 years time (7.1%).


Past Performance

How has China Coal Energy performed over the past 5 years?

36.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1898 has high quality earnings.

Growing Profit Margin: 1898's current net profit margins (5.6%) are higher than last year (3.7%).


Past Earnings Growth Analysis

Earnings Trend: 1898 has become profitable over the past 5 years, growing earnings by 36.4% per year.

Accelerating Growth: 1898's earnings growth over the past year (85.1%) exceeds its 5-year average (36.4% per year).

Earnings vs Industry: 1898 earnings growth over the past year (85.1%) exceeded the Oil and Gas industry -3.6%.


Return on Equity

High ROE: 1898's Return on Equity (9.5%) is considered low.


Financial Health

How is China Coal Energy's financial position?


Financial Position Analysis

Short Term Liabilities: 1898's short term assets (CN¥70.5B) exceed its short term liabilities (CN¥65.5B).

Long Term Liabilities: 1898's short term assets (CN¥70.5B) do not cover its long term liabilities (CN¥95.0B).


Debt to Equity History and Analysis

Debt Level: 1898's debt to equity ratio (74.9%) is considered high.

Reducing Debt: 1898's debt to equity ratio has reduced from 110.7% to 74.9% over the past 5 years.

Debt Coverage: 1898's debt is well covered by operating cash flow (24.7%).

Interest Coverage: 1898's interest payments on its debt are well covered by EBIT (6.1x coverage).


Balance Sheet


Dividend

What is China Coal Energy current dividend yield, its reliability and sustainability?

3.48%

Current Dividend Yield


Upcoming Dividend Payment

TodayMay 07 2021Ex Dividend DateMay 13 2021Dividend Pay DateJan 01 197018760 days from Ex DividendBuy in the next 6 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 1898's dividend (3.48%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.91%).

High Dividend: 1898's dividend (3.48%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.05%).


Stability and Growth of Payments

Stable Dividend: 1898's dividend payments have been volatile in the past 10 years.

Growing Dividend: 1898's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (20.5%), 1898's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 1898's dividends in 3 years are forecast to be well covered by earnings (28.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.9yrs

Average board tenure


CEO

China Coal Energy has no CEO, or we have no data on them.


Board Members

Experienced Board: 1898's board of directors are considered experienced (3.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

China Coal Energy Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Coal Energy Company Limited
  • Ticker: 1898
  • Exchange: SEHK
  • Founded: 2006
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: HK$94.755b
  • Shares outstanding: 13.26b
  • Website: https://www.chinacoalenergy.com

Number of Employees


Location

  • China Coal Energy Company Limited
  • No. 1 Huangsidajie
  • Chaoyang District
  • Beijing
  • Beijing Province
  • 100120
  • China

Listings


Biography

China Coal Energy Company Limited primarily mines for, processes, produces, and sells coal in the People’s Republic of China and internationally. It operates through Coal, Coal-Chemical, Mining Machinery, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/06 10:11
End of Day Share Price2021/05/06 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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 here.