Stock Analysis
- Hong Kong
- /
- Oil and Gas
- /
- SEHK:1898
China Coal Energy First Quarter 2024 Earnings: EPS: CN¥0.37 (vs CN¥0.54 in 1Q 2023)
China Coal Energy (HKG:1898) First Quarter 2024 Results
Key Financial Results
- 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.
- EPS: CN¥0.37 (down from CN¥0.54 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
China Coal Energy Earnings Insights
Looking ahead, revenue is forecast to grow 1.3% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Hong Kong are expected to remain flat.
Performance of the Hong Kong Oil and Gas industry.
The company's shares are down 6.5% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for China Coal Energy (of which 1 is potentially serious!) you should know about.
Valuation is complex, but we're helping make it simple.
Find out whether China Coal Energy is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About SEHK:1898
China Coal Energy
China Coal Energy Company Limited primarily engages in the coal production and trading and coal chemical businesses in the People’s Republic of China and internationally.
Flawless balance sheet, undervalued and pays a dividend.