03668 YANCOAL AUS
- 30.000
- +0.150+0.50%
YANCOAL AUS News
Guojin Securities: The first rise in coal prices in the beginning of the year is expected to pull back slightly in May after the off-season catalyzed by port storage
After the off-season coal prices fell under pressure in March-April, coal prices in the port market are expected to bottom out in May, but the increase is limited. Judging from the 1-2 M24 coal price fluctuation experience, whether the port can successfully go to storage is an important condition for whether market coal prices can recover after the off-season.
Hong Kong Stock Afternoon Review | The Hang Seng Index rose slightly by 0.19%, home appliance stocks and coal stocks strengthened, Haier Smart Home rose more than 8%, and Yankuang Energy rose more than 5%
The trend of science and network stocks was divided. Baidu rose nearly 2%, JD fell nearly 2%; shipping stocks rose more than 6%; COSCO Marine Holdings rose more than 6%, and Orient Overseas International rose nearly 5%.
Changes in Hong Kong stocks | Yankuang Energy (01171) rose more than 4%, leading the way, coal stocks, and coal companies reported poor quarterly reports, and subsequent quarterly results may improve sequentially
Coal stocks rose collectively. As of press release, Yankuang Energy (01171) rose 4.48% to HK$17.24; China Coal Energy (01898) rose 3.63% to HK$7.99; China Shenhua (01088) rose 3.27% to HK$33.2; and Yankuang Australia (03668) rose 1.25% to HK$28.4.
A number of G7 officials broke the news: an agreement will soon be reached on phasing out coal by the early 2030s
According to several Western officials, the Group of Seven (G7) has agreed to phase out coal by the early 2030s, which is a key milestone for these economies seeking to switch to more sustainable fuels.
兗煤澳大利亞：2023年度報告
Anxin International: Maintaining Yancoal Australia's (03668) “Buy” Rating Target Price of HK$34.78
The Zhitong Finance App learned that Anxin International released a research report stating that it maintains Yancoal Australia's (03668) “buy” rating, with a target price of HK$34.78. The bank believes that the company's production will recover further this year, and profit margins will remain at a relatively good level. For the company's 2024/2025 EPS forecast, the target price is HK$1.05/1.04, and the target price is HK$34.78, respectively. Anxin International's main opinion is as follows: coal production rose sharply year on year in the first quarter, and declined from month to month. The company's commercial coal equity output in the first quarter of 2024 was 8.8 million tons, a sharp increase of 49% over the previous year.
Debon Securities: 24Q1 coal industry fund holdings increased slightly month-on-month, low allocations expanded month-on-month
In Q1 2024, the coal industry had excellent market performance, outperforming the Shanghai Composite Index by a large margin. It had both excess and absolute returns, and ranked third in the growth rate of Shenwan's Tier 1 industry.
A quick overview of the Hong Kong market | Hong Kong stocks are rising across the board! The Tech Index surged more than 3%, Kuaishou surged nearly 9%, and Meituan rose nearly 8%
Many biotech stocks rose; Lai Kai Pharmaceutical rose nearly 13%, Kangfang Biotech rose nearly 6%; gold stocks declined, Lingbao Gold fell nearly 4%, and Zijin Mining fell more than 3%.
The fund manager who added coal was embarrassed! The first quarter results of many coal stocks experienced “Waterloo”
On the one hand, stock prices are rising and institutions are optimistic; on the other hand, performance is declining and coal prices are falling. Can coal stocks still be used as a starting point?
A quick look at the Hong Kong market | The three major indices have risen one after another. Technet stocks have generally risen, Tencent and Meituan have risen by more than 5%; Ideal has fallen by more than 8%
Many coal stocks fell sharply; Mongolian coking coal and China Coal Energy fell more than 6%; petroleum stocks fell, CNOOC Services fell more than 3%, and CNPC fell nearly 3%.
Demand is weak! The spot price of thermal coal fell 15% in the past two months, and the Hong Kong stock coal sector fell collectively
① The coal sector of Hong Kong stocks fell collectively. What are the downsides worth paying attention to? ② Port thermal coal spot fell by more than 100 yuan in the past two months. How do institutions view coal price trends?
Yancoal Australia (03668.HK): Issuance of 1.141,400 deferred share rights
Gelonghui, April 19 | Yancoal Australia (03668.HK) announced that today the company has issued 1,141,369 deferred share rights to several senior management members of the company in accordance with the company's equity incentive plan.
Selected announcements | JD: The first quarter buyback cost 1.2 billion US dollars; Yankuang Energy's commercial coal sales increased by more than 10% in the first quarter
Ideal Auto: The family's five-seater luxury SUV Ideal L6 was officially released; Yankuang Energy: Commercial coal sales in the first quarter were 35.62 million tons, an increase of 11.59% over the previous year.
Yancoal Australia's Output and Sales Surge in Q1
Yancoal Australia's (HKG:3668, ASX:YAL) attributable saleable coal output jumped 49% year over year to 8.8 million tons in the first quarter of 2024, according to a Thursday filing with the Hong Kong
Yankuang Energy (600188.SH): Yancoal Australia's commercial coal sales in the first quarter were 8.3 million tons, up 41% year-on-year
Yankuang Energy (600188.SH) issued an announcement that the company's holding subsidiary Yancoal Australia Limited (“Yancoal...
Yancoal Australia (03668.HK) average coal sales price in the first quarter was 180 Australian dollars/ton equity coal sales volume 8.3 million tons
Gelonghui, April 18 | Yancoal Australia (03668.HK) disclosed its quarterly report ending March 31, 2024. In the first quarter of 2024, the average coal sales price was 180 Australian dollars/ton. Cash holdings increased by $260 million. The cash balance of 31 March 2024 was $1.66 billion. On a 100% basis, raw coal production is 14 million tons. On a 100% basis, commercial coal production was 11.3 million tons. The production of equity commercial coal was 8.8 million tons. Equity coal sales volume was 8.3 million tons. Yancoal Australia has always put employee safety first and can record the total
Debon Securities: Coal supply declined in March, focus on the pace of subsequent economic recovery
Steady economic recovery and large-scale equipment upgrades are expected to support coal demand.
Express News | Guohai Securities: Reduce short-term fluctuations in coal prices and grasp the value attributes of the coal industry
Anxin International: Short-term or current signs of stable coal prices are still optimistic about high dividends
The Zhitong Finance App learned that Anxin International released a research report saying that as we enter the low season, thermal coal prices have weakened, but there have been signs of stabilization in the past two days. Overall port inventories are low. Coupled with a sharp drop in coal production in Q1 this year, it is expected that coal imports may decrease in April, so it is not ruled out that coal prices will rebound slightly before summer begins. Looking at the medium to long term, we are still optimistic about coal companies' high dividend performance at relatively high coal prices this year. It is recommended to focus on Yancoal Australia (03668), Yankuang Energy (01171), China Shenhua (01088), and Shougang Resources (00639). Anxin International
Anxin International: Thermal coal prices are showing signs of short-term or stabilizing, and we are still optimistic about the high dividend performance of Hong Kong coal companies in the medium to long term
The Zhitong Finance App learned that Anxin International released a research report indicating that as we enter the low season, thermal coal prices have weakened, but there have been signs of stabilization in the past two days. Overall port inventories are low. Coupled with a sharp drop in coal production in Q1 this year, it is expected that coal imports may decrease in April, so it is not ruled out that coal prices will rebound slightly before summer begins. Looking at the medium to long term, we are still optimistic about coal companies' high dividend performance at relatively high coal prices this year. It is recommended to focus on Yancoal Australia (03668), Yankuang Energy (01171), China Shenhua (01088), and Shougang Resources (00639). Anxin International Master
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