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Shanxi Coking Coal Energy Group (SZSE:000983) Has A Pretty Healthy Balance Sheet
CHINA RISUN GP: The brand cluster of Chinese coking coal has been established.
CHINA RISUN GP (01907) announced that recently, the group, together with Shanxi Coking Coal Energy Group, China Pingmei Shenma Holdings Group, and 14 other member units, initiated the establishment of the China Coking Coal and Coking Brand Cluster. The establishment of this brand cluster marks the establishment of the brand in the Chinese coking industry. It is beneficial to enhance the concentration of the Industry, strengthen self-discipline within the Industry, improve the overall Operation management level, and make a necessary contribution to Chinese-style modernization. The main purpose of establishing the brand cluster is to promote Chinese coking brands to the world and establish an international coking coal and coking brand center. Currently, RISUN is the largest independent coke producer in the Global market.
Do Fundamentals Have Any Role To Play In Driving Shanxi Coking Coal Energy Group Co., Ltd.'s (SZSE:000983) Stock Up Recently?
Citic sec: Macro, market and other aspects bullish superimposed, coal sector is expected to start a trend.
After the third-quarter report, the coal sector's annual profit and dividend expectations gradually become clearer, combined with multiple positive factors at macro and market levels, bullish sector leaders perform well, the bank believes the sector is expected to usher in a new round of increase.
Shanxi Coking Coal: Report for the Third Quarter of 2024
Shanxi Coking Coal Energy Group (000983.SZ): The net income for the first three quarters was 2.846 billion yuan, a year-on-year decrease of 49.52%.
Gelonghui reported on October 29th that shanxi coking coal energy group (000983.SZ) released its third quarter report for 2024, achieving revenue of 33.093 billion yuan in the first three quarters, a year-on-year decrease of 18.68%; net income attributable to shareholders of the listed company was 2.846 billion yuan, a year-on-year decrease of 49.52%; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 2.763 billion yuan, a year-on-year decrease of 51.30%; basic earnings per share were 0.5013 yuan.
Shanxi Coking Coal Energy Group Co., Ltd.'s (SZSE:000983) Low P/E No Reason For Excitement
