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China Coal Energy Co Class H (HK:1898)
:1898
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China Coal Energy Co (1898) AI Stock Analysis

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HK:1898

China Coal Energy Co

(OTC:1898)

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Outperform 74 (OpenAI - 4o)
Rating:74Outperform
Price Target:
HK$13.50
▲(21.62% Upside)
The overall stock score of 74 reflects strong technical momentum and a favorable valuation, despite financial performance challenges. The stock's bullish technical indicators and attractive dividend yield are significant positives, while declining revenue and cash flow issues pose risks.

China Coal Energy Co (1898) vs. iShares MSCI Hong Kong ETF (EWH)

China Coal Energy Co Business Overview & Revenue Model

Company DescriptionChina Coal Energy Co., Ltd. (stock code: 1898) is one of the largest coal producers in China, primarily engaged in the exploration, mining, and sales of coal, as well as the production of coal-related products. The company operates in various segments, including coal production, coal chemical products, and power generation, positioning itself as a key player in the energy sector. With extensive mining operations across several provinces in China, China Coal Energy is also involved in the development of coal-to-liquid (CTL) and coal-to-gas (CTG) technologies, contributing to its diversified portfolio.
How the Company Makes MoneyChina Coal Energy generates revenue primarily through the sale of coal, which constitutes the bulk of its earnings. The company benefits from high demand for coal in China, driven by the country's heavy reliance on coal for electricity generation and industrial use. Additional revenue streams include the production and sale of coal chemical products, such as methanol and urea, which are used in various industries, including agriculture and manufacturing. The company also earns income from its power generation segment, which leverages its coal resources to produce electricity. Significant partnerships with other energy companies and government entities, along with strategic investments in technology for cleaner coal utilization, further enhance its revenue potential.

China Coal Energy Co Earnings Call Summary

Earnings Call Date:Oct 27, 2025
(Q3-2024)
|
% Change Since: |
Next Earnings Date:Mar 25, 2026
Earnings Call Sentiment Neutral
The earnings call highlighted stable production and cost reduction efforts, with notable achievements in polyolefin production and financial business profit growth. However, these were counterbalanced by significant declines in operating income, coal sales volume, and earnings per share.
Q3-2024 Updates
Positive Updates
Stable Production and Exceeded Budget
China Coal's production, sales, and total profit exceeded the budget for the first three quarters of 2024, laying a solid foundation for the year.
Polyolefin Production Increase
The cumulative output of polyolefin increased by 32,000 tonnes to 1.14 million tonnes.
Financial Business Profit Growth
The profit from the financial business was CNY 1.078 billion, up by 11.3%.
Decrease in Unit Sales Cost
The unit sales cost of self-produced commercial coal decreased, resulting in a profit increase of CNY 821 million.
Negative Updates
Decrease in Operating Income
Operating income for the first three quarters of 2024 decreased by 10.1% to CNY 140 billion.
Decline in Coal Sales Volume
Sales volume of commercial coal was down by 9.9 million tonnes.
Reduction in Earnings Per Share
Basic earnings per share decreased by 12.7% to CNY 1.10.
Drop in Equipment Business Output
Coal mined equipment output was CNY 7.72 billion, down 12.3%.
Company Guidance
In the Q3 2024 earnings call for China Coal, the executives highlighted several key performance metrics and future guidance. For the first three quarters of 2024, coal production reached a cumulative output of 102 million tonnes, marking an increase of 1.1% year-on-year, while sales volume of commercial coal stood at 205 million tonnes. The average selling price of self-produced commercial coal decreased by 5.3% to CNY 571 per tonne, and the unit sales cost also saw a reduction. Financially, the company achieved an operating income of CNY 140 billion, albeit a 10.1% decrease from the previous year, while net profit attributable to shareholders was CNY 14.6 billion. Looking ahead, China Coal plans to focus on safe production, cost control, and high-quality development, with a capital expenditure plan of approximately CNY 15 to 20 billion over the next few years, emphasizing coal chemical and new energy projects. Management also addressed the potential for mergers and acquisitions, although no specific plans were disclosed.

China Coal Energy Co Financial Statement Overview

Summary
China Coal Energy Co demonstrates operational efficiency with solid profit margins and a stable balance sheet. However, challenges include declining revenue growth and significant reductions in free cash flow, impacting future financial flexibility. Moderate leverage and decent return on equity provide some stability.
Income Statement
65
Positive
The income statement shows a decline in revenue growth, with a negative growth rate of -6.67% in the TTM period. However, the company maintains a solid gross profit margin of 23.94% and a net profit margin of 10.09%. The EBIT and EBITDA margins are healthy at 15.34% and 21.37%, respectively, indicating operational efficiency despite revenue challenges.
Balance Sheet
70
Positive
The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.43, indicating moderate leverage. The return on equity is 11.26%, showing decent profitability for shareholders. The equity ratio stands at 43.57%, suggesting a strong equity base relative to total assets.
Cash Flow
55
Neutral
Cash flow analysis reveals a significant decline in free cash flow growth at -56.31% in the TTM period, which is a concern. The operating cash flow to net income ratio is 1.65, indicating good cash generation relative to net income. However, the free cash flow to net income ratio is lower at 0.17, reflecting reduced cash available after capital expenditures.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue161.59B181.91B192.97B220.58B239.83B140.96B
Gross Profit30.19B37.92B48.25B55.42B42.27B24.53B
EBITDA32.35B43.30B44.30B42.51B37.37B25.64B
Net Income16.07B18.16B19.53B18.26B13.74B5.91B
Balance Sheet
Total Assets356.79B357.79B349.36B340.11B321.74B281.69B
Cash, Cash Equivalents and Short-Term Investments68.92B76.78B91.54B91.03B72.92B35.95B
Total Debt66.44B64.39B73.52B84.23B97.33B96.12B
Total Liabilities160.75B165.77B166.58B175.05B179.34B157.83B
Stockholders Equity155.51B151.71B144.12B130.76B113.79B102.00B
Cash Flow
Free Cash Flow4.65B16.07B25.39B33.88B37.68B12.32B
Operating Cash Flow26.55B34.14B42.97B43.63B48.11B22.63B
Investing Cash Flow-25.75B-12.05B-15.06B-22.05B-25.38B-14.24B
Financing Cash Flow-19.54B-23.88B-26.30B-22.69B-6.70B-5.47B

China Coal Energy Co Technical Analysis

Technical Analysis Sentiment
Positive
Last Price11.10
Price Trends
50DMA
10.08
Positive
100DMA
9.73
Positive
200DMA
8.84
Positive
Market Momentum
MACD
0.52
Negative
RSI
72.65
Negative
STOCH
89.20
Negative
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 11.1 is above the 20-day moving average (MA) of 11.01, above the 50-day MA of 10.08, and above the 200-day MA of 8.84, indicating a bullish trend. The MACD of 0.52 indicates Negative momentum. The RSI at 72.65 is Negative, neither overbought nor oversold. The STOCH value of 89.20 is Negative, 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

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
79
Outperform
HK$15.99B14.766.64%8.36%-5.78%-29.52%
78
Outperform
$922.67B14.252.51%-13.87%-15.41%
77
Outperform
HK$13.32B7.8119.63%7.74%-2.79%-39.45%
74
Outperform
HK$190.44B9.5310.99%3.87%-3.42%-18.73%
74
Outperform
$11.58B18.246.76%-20.50%-64.45%
72
Outperform
$144.29B9.046.77%0.80%-35.81%
65
Neutral
$15.17B7.614.09%5.20%3.87%-62.32%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1898
China Coal Energy Co
11.99
2.92
32.18%
HK:1088
China Shenhua Energy Co
42.80
12.50
41.24%
HK:0975
Mongolian Mining
11.58
2.49
27.39%
HK:1171
Yankuang Energy Group Company Limited Class H
11.54
2.16
23.04%
HK:1277
Kinetic Mines & Energy Ltd.
1.71
0.35
25.74%
HK:0639
Shougang Fushan Resources Group Limited
3.23
0.63
24.23%

China Coal Energy Co Corporate Events

China Coal Energy Reports Decline in Quarterly Revenue
Oct 29, 2025

China Coal Energy Co., a major player in the coal industry, focuses on coal production, coal chemical operations, and coal mining equipment manufacturing in China. The company’s latest quarterly earnings report reveals a decline in operational revenue by 23.8% for the reporting period, with a total profit decrease of 10.7% compared to the previous year. Key financial metrics show a net profit attributable to shareholders of RMB 4.78 billion, a slight decrease of 1.0% year-on-year. Despite these declines, the company’s total assets increased by 2.5% to RMB 366.8 billion, and owners’ equity rose by 3.6% to RMB 157.4 billion. The report highlights a decrease in coal sales revenue by 24.2% and a reduction in the cost of sales by 24.6%, resulting in a gross profit of RMB 22.52 billion for coal operations. The company also reported a significant increase in urea and methanol production and sales volumes, with urea sales rising by 19.5% and methanol by 24.0%. Looking ahead, China Coal Energy remains focused on optimizing production and cost management to navigate the challenging market conditions.

China Coal Energy Reports Decline in Q3 2025 Revenue and Profits
Oct 27, 2025

In its third quarterly report for 2025, China Coal Energy reported a decline in operational revenue and profits compared to the previous year, with operational revenue down by 23.8% and total profit decreasing by 10.7% for the reporting period. Despite these declines, the company saw a slight increase in total assets and owners’ equity, indicating some resilience in its financial structure. The report highlights challenges in the coal industry, reflecting broader market conditions and potential impacts on stakeholders.

The most recent analyst rating on (HK:1898) stock is a Hold with a HK$12.00 price target. To see the full list of analyst forecasts on China Coal Energy Co stock, see the HK:1898 Stock Forecast page.

China Coal Energy Co Expands Stake in New Energy Company
Oct 27, 2025

China Coal Energy Co, through its subsidiary Pingshuo Group, has announced the acquisition of a 30% equity interest in New Energy Company from Pingshuo Development Company for RMB114,930,000. This strategic move will make New Energy Company a wholly-owned subsidiary of China Coal Energy Co, potentially enhancing its capabilities and market positioning in the new energy sector.

The most recent analyst rating on (HK:1898) stock is a Hold with a HK$12.00 price target. To see the full list of analyst forecasts on China Coal Energy Co stock, see the HK:1898 Stock Forecast page.

China Coal Energy Announces Q3 2025 Results Briefing
Oct 21, 2025

China Coal Energy Company Limited announced it will release its third-quarter 2025 financial results on October 27, 2025, followed by a results briefing on October 28, 2025. The briefing aims to provide investors with a comprehensive understanding of the company’s performance and operations, facilitating interaction through various platforms. This initiative reflects the company’s commitment to transparency and stakeholder engagement.

The most recent analyst rating on (HK:1898) stock is a Hold with a HK$12.00 price target. To see the full list of analyst forecasts on China Coal Energy Co stock, see the HK:1898 Stock Forecast page.

China Coal Energy Reports Mixed September 2025 Operational Data
Oct 15, 2025

In September 2025, China Coal Energy Company Limited reported a decline in the production and sales volumes of commercial coal compared to the previous year, with sales dropping by 20.1%. However, the company saw significant increases in the production and sales of urea and methanol, indicating a shift in operational focus or market demand. Despite the fluctuations in coal operations, the production value of coal mining equipment showed a slight increase, suggesting resilience in this segment. These changes reflect the company’s adaptability to varying market conditions and potential strategic shifts in its operations.

The most recent analyst rating on (HK:1898) stock is a Buy with a HK$11.50 price target. To see the full list of analyst forecasts on China Coal Energy Co stock, see the HK:1898 Stock Forecast page.

China Coal Energy Schedules Board Meeting to Review Quarterly Results
Oct 13, 2025

China Coal Energy Company Limited has announced that its board of directors will meet on October 27, 2025, to review and approve the company’s quarterly financial results for the nine months ending September 30, 2025. This meeting is significant as it will provide insights into the company’s financial health and operational performance, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (HK:1898) stock is a Buy with a HK$11.50 price target. To see the full list of analyst forecasts on China Coal Energy Co stock, see the HK:1898 Stock Forecast page.

China Coal Energy Reports Mixed Operational Results for August 2025
Sep 12, 2025

In August 2025, China Coal Energy Company Limited reported a decline in both production and sales volumes of commercial coal compared to the previous year, with a notable decrease of 12.8% in sales volume. However, the company saw significant increases in the production and sales of urea and methanol, indicating a potential strategic shift or diversification in its operations. These changes reflect the company’s adaptation to varying market conditions and external factors, which could have implications for its stakeholders and market positioning.

The most recent analyst rating on (HK:1898) stock is a Buy with a HK$11.50 price target. To see the full list of analyst forecasts on China Coal Energy Co stock, see the HK:1898 Stock Forecast page.

China Coal Energy Reports Decline in 2025 Interim Earnings
Aug 23, 2025

China Coal Energy Co. Ltd, a major player in the coal mining and processing industry in China, has released its interim financial results for the first half of 2025, showcasing a challenging period marked by a significant decrease in revenue and profit. The company’s revenue for the first half of 2025 was RMB74.436 billion, a 19.9% decline compared to the same period last year, while profit attributable to equity holders fell by 31.5% to RMB7.325 billion. Despite these declines, the company maintained a robust financial structure with a gearing ratio of 45.1% and continued to reward investors with an interim dividend of RMB0.166 per share.

China Coal Energy Reports Decline in H1 2025 Financial Results
Aug 22, 2025

China Coal Energy Co announced its interim financial results for the first half of 2025, revealing a significant decline in revenue and profit. The company reported a revenue of RMB74.436 billion, a 19.9% decrease from the previous year, and a profit attributable to equity holders of RMB7.325 billion, down 31.5%. Despite these declines, the company declared an interim dividend of RMB0.166 per share. The financial results, which have been reviewed but not audited, reflect challenges in the coal industry and may impact stakeholders’ expectations.

The most recent analyst rating on (HK:1898) stock is a Buy with a HK$11.50 price target. To see the full list of analyst forecasts on China Coal Energy Co stock, see the HK:1898 Stock Forecast page.

China Coal Energy Announces Interim Dividend for 2025
Aug 22, 2025

China Coal Energy Company Limited has announced an interim dividend of RMB 0.166 per share for the six months ending June 30, 2025, with a payment date set for October 22, 2025. This announcement reflects the company’s stable financial performance and commitment to returning value to shareholders, potentially strengthening its position in the energy market and impacting stakeholders, especially non-resident shareholders, who will be subject to a 10% withholding tax on dividends.

The most recent analyst rating on (HK:1898) stock is a Buy with a HK$11.50 price target. To see the full list of analyst forecasts on China Coal Energy Co stock, see the HK:1898 Stock Forecast page.

China Coal Energy to Announce 2025 Interim Results and Host Investor Briefing
Aug 18, 2025

China Coal Energy Company Limited has announced plans to release its interim results for the first half of 2025 on August 22, 2025, and will hold a results briefing on August 25, 2025. This briefing aims to provide investors with a comprehensive understanding of the company’s performance and operations, featuring participation from key company executives. The event will be accessible via live video, online interaction, and telephone conference, allowing stakeholders to engage directly with the company and address their concerns.

The most recent analyst rating on (HK:1898) stock is a Sell with a HK$7.50 price target. To see the full list of analyst forecasts on China Coal Energy Co stock, see the HK:1898 Stock Forecast page.

China Coal Energy Reports July 2025 Operational Data
Aug 14, 2025

China Coal Energy Company Limited has released its operational data for July 2025, showing a decline in both production and sales volumes of commercial coal compared to the previous year. Despite a decrease in coal operations, the company reported an increase in the production and sales of urea and methanol, indicating a strategic shift or adaptation in its operations. This operational data provides investors with insights into the company’s performance and the potential impact of external factors such as macroeconomic policies and market conditions on its operations.

The most recent analyst rating on (HK:1898) stock is a Sell with a HK$7.50 price target. To see the full list of analyst forecasts on China Coal Energy Co stock, see the HK:1898 Stock Forecast page.

China Coal Energy Schedules Board Meeting to Review Interim Results
Aug 8, 2025

China Coal Energy Company Limited has announced a board meeting scheduled for August 22, 2025, to discuss and approve the interim results for the first half of the year and consider the distribution of an interim dividend. This meeting is crucial for stakeholders as it will provide insights into the company’s financial health and potential returns, impacting its market positioning and investor confidence.

The most recent analyst rating on (HK:1898) stock is a Sell with a HK$7.50 price target. To see the full list of analyst forecasts on China Coal Energy Co stock, see the HK:1898 Stock Forecast page.

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.Date of analysis: Nov 07, 2025