601918 China Coal Xinji Energy
- 8.35
- +0.16+1.95%
China Coal Xinji Energy News
China Coal Xinji Energy (601918.SH): It is expected that the electricity price in Anhui Province will remain unchanged in 2024.
On August 7th, Gelunhui reported that China Coal Xinji Energy (601918.SH) disclosed an investor relations activity record showing that as of 2021, Anhui Province has introduced new policies on further deepening the marketization reform of coal-fired power generation and grid-connected electricity prices. According to the new policy, Anhui Province will open up the grid-connected electricity prices of coal-fired power generation, and the electricity generated by coal-fired power generation will, in principle, all enter the electricity market, forming a grid-connected electricity price within the range of "benchmark price + fluctuation range", with the fluctuation range principle not exceeding 20%. The company's electricity price in 2022 increased by 19.9% compared to the previous year, with an average grid-connected electricity price (excluding tax) of 0.4082 yuan/kWh. As
China Coal Xinji Energy (601918.SH): The quality of the company's coal commodity will remain stable.
According to the investor relations activity record released by China Coal Xinji Energy (601918.SH) on August 7th, the quality of the company's commercial coal in the first half of the year has improved compared to the same period last year by strengthening connection layout, optimizing systems, enhancing on-site management and ground washing and screening management, as well as strictly implementing waste rock diversion measures. In the future, with the effects of the optimization and adjustment of mine production layout and the implementation of various coal quality control measures, the quality of the company's commercial coal will remain stable.
China Coal Xinji Energy (601918.SH): The Yangcun coal mine under its infrastructure is in a state of reduced productivity.
On August 7th, Gelunhui reported that China Coal Xinji Energy (601918.SH) disclosed its investor relations activity record, which showed that the company's infrastructure mine, Yangcun coal mine, is in a state of capacity elimination. The current reconstruction work is still in progress, and it has not yet received formal approval from the relevant national departments. The company will fulfill its information disclosure obligations in a timely manner regarding progress related to this matter.
As of July 31, 2024, the number of shareholders of China Coal Xinji Energy Co., Ltd. (601918.SH) was approximately 0.079 million.
On August 6th, Gelunhui reported that as of July 31, 2024, China Coal Xinji Energy (601918.SH) had approximately 0.079 million shareholders.
China Coal Xinji Energy Co.,Ltd's (SHSE:601918) Market Cap Dropped CN¥1.9b Last Week; Private Companies Bore the Brunt
China Coal Xinji Energy's H1 Profit Drops 10%, Operating Income Slides 4%
China Coal Xinji Energy's H1 2024 Report
China Coal Xinji Energy 2024 semi-annual report summary
As of July 19, 2024, the number of shareholders of China Coal Xinji Energy (601918.SH) is about 0.0794 million.
On July 30th, Gelunhui reported that as of July 19, 2024, the number of shareholders of China Coal Xinji Energy (601918.SH) was approximately 0.0794 million.
China Coal Xinji Energy (601918.SH): Net income in the first half of the year was 1.176 billion yuan, a decrease of 10.11% year-on-year.
On July 30th, Gelunhui reported on China Coal Xinji Energy's (601918.SH) 2024 half-year report. During the reporting period, the total operating income was 5.985 billion yuan, a decrease of 4.40% year-on-year; the net income attributable to shareholders of the listed company was 1.176 billion yuan, a decrease of 10.11% year-on-year; after deducting non-recurring gains and losses, the net income attributable to shareholders of the listed company was 1.138 billion yuan, a decrease of 11.57% year-on-year; and the basic earnings per share was 0.45 yuan. From January to June 2024, the company's commodity coal production was 9.3602 million tons, a decrease of 4.82% year-on-year; the commodity coal sales volume was 9.1036 million tons.
Insufficient Growth At China Coal Xinji Energy Co.,Ltd (SHSE:601918) Hampers Share Price
China Coal Xinji Energy (601918.SH): As of the end of June 2024, the company's in-reserve mineral resources were 6.204 billion tons, and the existing mining rights extend to deep resources of 2.651 billion tons.
According to the investor relations activity record of China Coal Xinji Energy (601918.SH) on July 10th, the total area of the company's mine area is approximately 1,092 square kilometers, including a coal-rich area of 684 square kilometers, with a resource reserve of 10.16 billion tons, which accounts for about 40% of the total resource reserves of the four major coal companies in Anhui Province, based on the reply of Huainan Xinji Mining Area Overall Plan by the National Development and Reform Commission (NDRC Energy [2005] No. 2633). As of the end of June 2024, the company has a total of 5 production mines. The approved production capacity of the production mines are: Xinji Mine No.1 (1.8 million tons/year), Xinji Mine No.2
China Coal Xinji Energy (601918.SH): The coal supply for the newly constructed thermal power project is mainly from the self-produced coal of the company.
During recent institutional investor visits, China Coal Xinji Energy (601918.SH) stated that the primary source of coal for the company's new thermal power projects will be coal produced by the company itself. In addition, the company will also use Northern Coal and Long-term Contracts for the supply of coal, as well as imported coal, to ensure adequate coal supply for the project. Based on the transportation conditions of each thermal power project, the company has designed various transportation methods, including railway transportation, water transportation, or water-rail intermodal transportation, to ensure sufficient coal supply for the new thermal power projects.
China Coal Xinji Energy (601918.SH): The Yangcun Coal Mine, a part of the company's infrastructure, is in a state of reduced production.
China Coal Xinji Energy (601918.SH) recently stated during institutional investor visits that the company's infrastructure mine Yangcun Coal Mine is currently in a state of overcapacity reduction, and the current reconstruction work is still in the process of advancement, and has not yet obtained formal approval from relevant national departments. The company will fulfill its information disclosure obligations in a timely manner regarding the progress of this matter.
China Coal Xinji Energy (601918.SH) had a main coal sales revenue of 5.136 billion yuan from January to June, a decrease of 6.17% compared to the same period last year.
China Coal Xinji Energy (601918.SH) released its business data for the first half of 2024, from January to June...
Changjiang Securities: Focus on the second half of the peak season for power plants in August and September, and the resonance period of non-power peak season in October and November.
Zhì tōng cáijīng APP learned that Changjiang Securities released a research report stating that in the first half of 2024, domestic supply will continue to be constrained by safety supervision, and imports will continue to grow but their contribution will remain limited. In the first half of the year, the key lies in the fact that the demand side shows characteristics of being modest during both peak and off-peak seasons. Looking to the second half of the year, the fundamentals are stable and improving, coupled with current port inventories that are difficult to describe as abundant. It is expected that coal prices will be more likely to rise than fall in the second half of the year, with a focus on the period when non-electric peak season demand resonates with the period from the second half of August through to September, and the traditional peak period for non-electric demand from October to November. Taking into account the lifting of the coal price floor in 2024, the supply and demand of coal are expecte
Is China Coal Xinji Energy Co.,Ltd's (SHSE:601918) 16% ROE Better Than Average?
As of June 20, 2024, there were approximately 81,000 shareholders of China coal xinji energy (601918.SH).
China Coal Xinji Energy (601918.SH) stated on the interactive platform on June 25th that as of June 20, 2024, the number of shareholders of the company was approximately 81,000.
China Coal Xinji Energy (601918.SH) will distribute a dividend of 0.15 yuan per share for the year 2023, with a record date of June 20.
Zhitoon Financial APP news, China Coal Xinji Energy (601918.SH) announced that the company will implement the annual equity distribution in 2023, with a cash dividend of 0.15 yuan per share (including tax), and the share registration date is June 20th.
Investing in China Coal Xinji EnergyLtd (SHSE:601918) Five Years Ago Would Have Delivered You a 261% Gain
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