China Coal Energy Co Ltd Class H (HK:1898)
:1898
Want to see HK:1898 full AI Analyst Report?
Top Page
China Coal Energy Co
(1898)
Select Model
Select Model
Rating:67Neutral
Price Target:
HK$15.00
▲(12.02% Upside)
Action:ReiteratedDate:04/24/26
The score is led by solid financial fundamentals (improving margins and reduced leverage) but capped by multi-year revenue contraction and weaker cash conversion. Valuation is a clear positive (very low P/E with a moderate yield). Technical signals are mixed with limited momentum, and earnings-call guidance is broadly stable but cautious due to pricing and demand headwinds.
Positive Factors
Scale & resource base
Extensive reserves and very large production/trading capacity provide durable sourcing security and scale economics. This underpins long‑term contract capability, bargaining power with buyers and suppliers, and supports capital allocation across mining, chemicals and power for multi‑year competitiveness.
Negative Factors
Multi‑year revenue contraction
Persistent top‑line decline erodes scale benefits and constrains reinvestment ability. Over multiple years shrinking revenues increase reliance on margin expansion to sustain profits, raise unit fixed‑cost risk, and limit flexibility for strategic initiatives or M&A over the next 2–6 months to years.
Read all positive and negative factors
Positive Factors
Negative Factors
Scale & resource base
Extensive reserves and very large production/trading capacity provide durable sourcing security and scale economics. This underpins long‑term contract capability, bargaining power with buyers and suppliers, and supports capital allocation across mining, chemicals and power for multi‑year competitiveness.
Read all positive factors
China Coal Energy Co (1898) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$239.02B
Dividend Yield4.59%
Average Volume (3M)18.45M
Price to Earnings (P/E)4.2
Beta (1Y)0.31
Revenue Growth-21.82%
EPS Growth-20.14%
CountryHK
Employees46,452
SectorEnergy
Sector Strength52
IndustryCoal
Share Statistics
EPS (TTM)0.33
Shares Outstanding4,106,663,000
10 Day Avg. Volume18,222,753
30 Day Avg. Volume18,446,431
Financial Highlights & Ratios
PEG Ratio-0.38
Price to Book (P/B)0.74
Price to Sales (P/S)0.82
P/FCF Ratio14.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$13.93Price Target Upside4.01% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)1.49
Revenue Forecast (FY)HK$161.74B
China Coal Energy Co Business Overview & Revenue Model
Company Description
China Coal Energy Company Limited primarily engages in the production and trade of coal, coal chemical business, coal mining equipment manufacturing, pithead power generation, and other related businesses in the People's Republic of China and inte...
How the Company Makes Money
China Coal Energy generally makes money through multiple, vertically linked revenue streams across the coal value chain: (1) Coal production and sales: The core revenue driver is selling thermal and/or coking coal produced from its mining operatio...
China Coal Energy Co Earnings Call Summary
Earnings Call Date:Mar 27, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:Aug 20, 2026
Earnings Call Sentiment Neutral
The call conveyed a balanced view: management emphasized strong multi‑year achievements (scale expansion, improved cash generation, execution of CapEx and cost controls, progress on coal‑chemical‑power integrated strategy and new energy buildout) which underpin long‑term resilience. At the same time, 2025 displayed meaningful near‑term headwinds — falling commodity and chemical prices, lower 2025 revenue and profit vs prior year, some subsidiary production disruptions and elevated regional volatility. Management stressed active cost control, high CapEx execution rates, maintained dividends and plans for 2026 growth investments, but acknowledged external uncertainty and capital allocation trade‑offs.Positive Updates
Large resource and capacity base
Controlled proven coal reserves >70 billion tonnes; total coal capacity 310 million tonnes; annual trading volume ~400 million tonnes; 11 chemical projects >20 million tonnes capacity; installed thermal power capacity >47 GW and renewable installed capacity >7 GW; managed total assets >RMB 650 billion and ~120,000 employees.
Negative Updates
2025 revenue and profit declines at China Coal Energy
2025 revenue CNY 148.1 billion, down 21.8% YoY; total profit CNY 26.6 billion, down 15.7% YoY; net profit attributable CNY 17.9 billion, down 7.3% YoY — reflecting falling coal and chemical product prices and weaker volumes.
Read all updates
Q4-2025 Updates
Positive
Negative
Large resource and capacity base
Controlled proven coal reserves >70 billion tonnes; total coal capacity 310 million tonnes; annual trading volume ~400 million tonnes; 11 chemical projects >20 million tonnes capacity; installed thermal power capacity >47 GW and renewable installed capacity >7 GW; managed total assets >RMB 650 billion and ~120,000 employees.
Read all positive updates
Company Guidance
The management guided 2026 as a “seek progress while ensuring stability” year with concrete operational and financial targets: China Coal Energy plans to produce and sell over 130 million tonnes of self‑produced commercial coal, make ~1.45 million tonnes of polyolefin and >2.03 million tonnes of urea, and carry a 2026 CapEx plan of RMB 21.32 billion (up 7.05% YoY) split ~RMB 7.24b (Coal), RMB 8.48b (Coal Chemicals), RMB 2.18b (Coal Power), RMB 2.6b (New Energy) and RMB 739m (Equipment/other); the company reiterated maintaining overall revenue/profit stability (after 2025: revenue RMB 148.1b, total profit RMB 26.6b, net profit attributable RMB 17.9b, GP margin 27.5%, EPS RMB 1.35, operating cash inflow ~RMB 30b, asset‑liability ratio 45.8%). Shanghai Energy is accelerating new energy (installed new‑energy under construction 672,000 kW) and starting a 330,000 kW PV project while targeting CNY cost savings realized in 2025 (CNY 500m total; raw coal −CNY 40/tonne; power CNY 0.012/kWh) and Xinji Energy targets 2026 commercial coal ~18.5–19.0 million tonnes, power generation ≥30 billion kWh and timely commissioning of three power plants; group guidance also emphasizes refining production organization, deepening reform, strengthening market‑cap management and investor communication, continuing >90% LTA contract fulfillment for thermal coal and pursuing the 2‑integration/2‑hedge coal‑electricity‑chemicals‑renewables strategy toward competitiveness by 2030 and world‑class status by 2035.China Coal Energy Co Financial Statement Overview
Summary
Income Statement
66
Positive
Balance Sheet
73
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 161.59B | 144.22B | 181.91B | 192.97B | 220.58B | 239.83B |
| Gross Profit | 30.19B | 81.14B | 37.92B | 48.25B | 55.42B | 42.27B |
| EBITDA | 32.35B | 83.78B | 43.30B | 44.30B | 51.14B | 40.51B |
| Net Income | 16.07B | 14.12B | 18.16B | 19.53B | 18.26B | 13.74B |
Balance Sheet | ||||||
| Total Assets | 356.79B | 370.68B | 357.79B | 349.36B | 340.11B | 321.74B |
| Cash, Cash Equivalents and Short-Term Investments | 68.92B | 89.73B | 76.78B | 91.54B | 91.03B | 72.92B |
| Total Debt | 66.44B | 73.53B | 64.39B | 73.52B | 85.66B | 97.33B |
| Total Liabilities | 160.75B | 169.75B | 165.77B | 166.58B | 175.05B | 179.34B |
| Stockholders Equity | 155.51B | 160.43B | 151.71B | 144.12B | 130.76B | 113.79B |
Cash Flow | ||||||
| Free Cash Flow | 4.65B | 8.00B | 16.07B | 25.39B | 33.88B | 37.68B |
| Operating Cash Flow | 26.55B | 29.79B | 34.14B | 42.97B | 43.63B | 48.11B |
| Investing Cash Flow | -25.75B | -30.93B | -12.05B | -15.06B | -22.05B | -25.38B |
| Financing Cash Flow | -19.54B | -4.05B | -23.88B | -26.30B | -22.69B | -6.70B |
China Coal Energy Co Technical Analysis
Positive
13.39
Price Trends
13.16
Positive
11.91
Positive
10.92
Positive
Market Momentum
0.01
Positive
48.19
Neutral
69.99
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1898, the sentiment is Positive. The current price of 13.39 is below the 20-day moving average (MA) of 13.74, above the 50-day MA of 13.16, and above the 200-day MA of 10.92, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 48.19 is Neutral, neither overbought nor oversold. The STOCH value of 69.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1898.
China Coal Energy Co Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$1.15T | 17.31 | 13.43% | 8.97% | -6.04% | -7.87% | |
72 Outperform | HK$10.34B | -9.03 | 6.97% | ― | -20.89% | -97.28% | |
71 Outperform | HK$13.95B | 23.58 | 3.92% | 9.28% | -0.02% | -59.00% | |
67 Neutral | HK$239.02B | 4.20 | 11.37% | 4.59% | -21.82% | -20.14% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
63 Neutral | HK$203.77B | 9.73 | 11.62% | 8.02% | 7.29% | -48.69% | |
44 Neutral | HK$280.92M | -0.18 | -48.57% | ― | -10.83% | 1.54% |
* Energy Sector Average
HK:1898
China Coal Energy Co
13.61
5.92
76.94%
HK:1088
China Shenhua Energy Co
47.26
20.58
77.10%
HK:0975
Mongolian Mining
9.64
2.87
42.39%
HK:1171
Yankuang Energy Group Company Limited Class H
14.98
7.64
104.03%
HK:1393
Hidili Industry International Development Limited
0.06
<0.01
8.77%
HK:0639
Shougang Fushan Resources Group Limited
2.73
0.51
22.97%
China Coal Energy Co Corporate Events
China Coal Energy Schedules Q1 2026 Results Briefing for Global Investors
Apr 21, 2026
China Coal Energy Company Limited will release its first quarter 2026 results on 27 April 2026 and hold a results briefing the following day, 28 April 2026, from 15:30 to 16:30 Beijing time. The session will be accessible via telephone conference,...
China Coal Energy’s March Data Show Softer Coal Sales but Stronger Chemical and Equipment Performance
Apr 15, 2026
China Coal Energy reported weaker coal operations for March 2026, with commercial coal production down 5.7% year-on-year to 10.97 million tonnes and sales falling 21.4%, reflecting softer demand and possibly tighter market conditions. Sales of sel...
China Coal Energy Schedules Board Meeting to Approve Q1 2026 Results
Apr 13, 2026
China Coal Energy Company Limited has scheduled a board meeting for 27 April 2026 to review and approve the group’s quarterly results for the three months ended 31 March 2026. The announcement, signed by chairman and executive director Wang ...
China Coal Energy Profit Falls 20% in 2025 as Revenue Slumps
Mar 27, 2026
China Coal Energy Co reported a sharp decline in 2025 financial performance, with revenue falling 21.8% year on year to RMB148.06 billion as weaker coal prices and lower trading volumes weighed on the top line. Profit attributable to equity holder...
China Coal Energy Proposes Final 2025 Dividend and Details Tax Treatment
Mar 27, 2026
China Coal Energy Company Limited has proposed a final ordinary cash dividend of RMB 0.217 per share for the financial year ended 31 December 2025, with the Hong Kong dollar equivalent, ex-dividend date, record date, and payment date to be announc...
China Coal Energy to Join Groupwide 2025 Results Briefing for Investors
Mar 25, 2026
China Coal Energy Company Limited, a leading coal and energy producer controlled by China National Coal Group Corporation, plans to publish its annual results for the year ended 31 December 2025 on 28 March 2026. The company operates within a broa...
China Coal Energy Posts Softer Coal Output but Mixed Coal Chemical Performance in February
Mar 18, 2026
China Coal Energy reported weaker coal operations for February 2026, with commercial coal production and sales both declining year on year, including a drop in sales of self-produced coal. The company also saw a sharp fall in production value from...
China Coal Energy Sets March Board Meeting to Review 2025 Results and Final Dividend
Mar 13, 2026
China Coal Energy has scheduled a board meeting for 27 March 2026 to review and approve the group’s annual results for the year ended 31 December 2025. The board will also consider recommending a final dividend, a decision that could affect ...
China Coal Energy Sees Weaker Coal Output but Stronger Chemical Sales in January 2026
Feb 12, 2026
China Coal Energy reported that in January 2026 its commercial coal production and sales both declined year on year, with output down 10.4% and sales down 7.3%, even as sales of self-produced coal edged up 1.7%. The company also recorded a 7.2% dr...
China Coal Energy Shareholders Approve Appointment of New Executive Director at 2026 EGM
Jan 30, 2026
China Coal Energy Company Limited announced that its first extraordinary general meeting of 2026 was duly held in Beijing on 30 January, with shareholders representing about 74% of the company’s issued share capital attending in person or by...
China Coal Energy Sets Out Board Composition and Governance Committee Roles
Jan 30, 2026
China Coal Energy Company Limited has announced the composition of its board of directors and detailed the allocation of roles across its five key board committees. The Board, led by executive director and chairman Wang Shudong and president Gao S...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.