600188 Yankuang Energy Group
- 23.10
- +0.29+1.27%
Yankuang Energy Group News
Yankuang Energy (600188): Increased production and sales, and price declines greatly hampered performance
Guide to this report: Sales in the coal sector were stable in 23 years, and sales bucked the trend in 24Q1; coal chemical and power generation businesses operated steadily; maintained high dividends, and the investment value was outstanding. Investment Essentials: Maintaining an “Overweight” rating. Duke of 2023
Overview of the Hong Kong market | The Science Index and China Index fell slightly; Chinese brokerage stocks and heavy infrastructure stocks fell, Huatai Securities fell more than 5%, and China Railway fell nearly 6%
Many shares of Science and Technology Network declined; Jingdong fell nearly 3%, and Meituan fell nearly 2%; many shares of home appliances rose, Haier Smart Home rose nearly 8%, and Hisense Home Appliances rose more than 7%.
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%.
Intraday Overview | Petroleum and shipping stocks strengthened, CNOOC rose 4%, and Dongfang Overseas International rose nearly 6%
Auto stocks continued to rise, with Ideal Auto rising more than 3%; coal stocks strengthened, Yankuang Energy rose nearly 4%; and L'Occitane surged nearly 10%.
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.
Yankuang Energy (600188): Building an international energy company that can be expected to grow in the future
Incident Overview: The company recently released its quarterly report for '24 and its annual report for '23. 24Q1 achieved operating income of 39.633 billion yuan, a year-on-year decrease of 20.76%; net profit to mother was 3.757 billion yuan, a year-on-year decrease of 41.8 billion yuan
Coal stocks declined again. Meijin Energy fell more than 7%, Jizhong Energy fell more than 5%, and Shaanxi Coal, Gansu Energy, and Yankuang Energy all fell by more than 4%.
Coal stocks declined again. Meijin Energy fell more than 7%, Jizhong Energy fell more than 5%, and Shaanxi Coal, Gansu Energy, and Yankuang Energy all fell by more than 4%.
Featured announcements | The total amount of AIA share repurchase plans increased to US$12 billion; Sinopec's net profit for the first quarter decreased 8.9% year-on-year
China Shenhua's net profit for the first quarter was 15.884 billion yuan, a year-on-year decrease of 14.7%; China Life Insurance's net profit for the first quarter was 20.644 billion yuan, a decrease of 9.3% year-on-year.
Yankuang Energy (600188): Highlighting the value of both growth and flexibility
Event: The company released its results report for the first quarter of 2024. In the first quarter of 2024, the company achieved operating income of 39.633 billion yuan, a year-on-year decrease of 20.76%; net profit to mother was 3.757 billion yuan, a year-on-year decrease of 41 billion yuan.
Minsheng Securities released a research report on April 27 stating that it gave Yankuang Energy (600188.SH) a recommended rating. The main reasons for the rating include: 1) price increase and decrease in coal business volume and decline in gross profit;
Minsheng Securities released a research report on April 27 stating that it gave Yankuang Energy (600188.SH) a recommended rating. The main reasons for the rating include: 1) price increase and decrease in coal business volume and decline in gross profit; 2) increase in profits in the chemical business; 3) slight increase in profit in the power business; 4) in 2024, the company strives to “increase by two, reduce, and increase by four. (Mainichi Keizai Shimbun)
Yankuang Energy (600188): 1Q24 was greatly dragged down by falling coal prices
1Q24 was dragged down by coal prices, profit fell 41.9% year on year, and Yankuang Energy 1Q24 achieved sales revenue of 39.63 billion yuan, a year-on-year decrease of 20.8%, and net profit of 3.76 billion yuan (excluding 3.67 billion yuan), a year-on-year decline
Express News | The big three coal companies made 100 billion dollars, and their performance growth rate declined
Yankuang Energy (600188): Q1 production and sales increased year-on-year, coal prices declined, and performance weakened
Yankuang Energy released its 2024 quarterly report on April 26, 2024:2024Q1 achieved operating revenue of 39.633 billion yuan, a year-on-year decrease of 10.78% and a month-on-month increase of 164.45%; return to mother
Cinda Securities released a research report on April 27 stating that it gave Yankuang Energy (600188.SH) a purchase rating. The main reasons for the rating include: 1) Coal production and sales increased steadily in the first quarter, and the cost of coal
Cinda Securities released a research report on April 27 stating that it gave Yankuang Energy (600188.SH) a purchase rating. The main reasons for the rating include: 1) Coal production and sales increased steadily in the first quarter, and the cost of coal production decreased year-on-year. Production and sales; 2) Coal chemicals: Chemical sales declined slightly, and chemical costs were improved under cost reduction and efficiency measures. Production and sales; 3) The company's endogenous and extrinsic collaborative development, and there is plenty of room for long-term growth. (Mainichi Keizai Shimbun)
Yankuang Energy (600188) 2024 Quarterly Report Review: 24Q1 Production and Sales Growth Price Fluctuations Affect Performance
Incident: On April 26, 2024, the company disclosed its quarterly report. The first quarter of 2024 achieved operating income of 39.633 billion yuan, a year-on-year decrease of 20.76%; net profit to mother was 3.757 billion yuan, a year-on-year decrease of 4
This week's bullish stocks in Hong Kong | AI models are in the spotlight! Shangtang's stock price doubled this week; Kewang stocks took the lead, and Kuaishou rose more than 27% weekly
The volume of the three major indices surged this week, and the “beef flavor” is getting stronger. The Hang Seng Index rose more than 13% during the week, while the Hang Seng Index and the State-owned Enterprises Index both rose for five consecutive days.
兗礦能源：二零二四年第一季度業績報告
Express News | Yankuang Energy: Net profit for the first quarter of 2024 decreased by 41.85% year-on-year
Beishui once again increased its holdings of the Bank of China by nearly HK$900 million and surpassed Meituan by nearly HK$800 million; Nanshuibong made a record purchase of 22.4 billion yuan
On April 26 (Friday), Southbound made net purchases of HK$1,174 million in Hong Kong stocks today. Kuaishou-W and HKEx received net purchases of HK$500 million and HK$117 million respectively.
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