not vested
CHINA SHENHUA (01088.HK) coal sales rise 30.9% in Oct
CHINA SHENHUA (01088.HK)'s commodity coal production for October rose 2.1% year-on-year to 23.9 million tons; coal sales soared 30.9% year-on-year to 40.7 million tons.
In October, total power generation amounted to 16.23 billion kWh, up 2.5% from a year back; energy sold up 2.2% to 15.01 billlion kWh.
Source: AAStocks Financial News
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China Shenhua Energy 1088
Re: China Shenhua Energy 1088
by winston » Thu Nov 15, 2012 5:48 pm
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Re: China Shenhua Energy 1088
by winston » Mon Jun 17, 2013 8:51 pm
CHINA SHENHUA (01088.HK) coal sales up 6.3% YoY in May
2013-06-17
CHINA SHENHUA (01088.HK) registered commercial coal production of 26.7 million tons in May, down 0.4% year-on-year.
Coal sales increased 6.3% year-on-year to 44.1 million tons.
Gross power generation reached 17.99 billion kwh, down 3.3% year-on-year.
Total power output dispatch dropped 3.1% yearly to 16.74 billion kwh.
Source: AAStocks Financial News
2013-06-17
CHINA SHENHUA (01088.HK) registered commercial coal production of 26.7 million tons in May, down 0.4% year-on-year.
Coal sales increased 6.3% year-on-year to 44.1 million tons.
Gross power generation reached 17.99 billion kwh, down 3.3% year-on-year.
Total power output dispatch dropped 3.1% yearly to 16.74 billion kwh.
Source: AAStocks Financial News
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Re: China Shenhua Energy 1088
by winston » Tue Jul 16, 2013 9:01 pm
CHINA SHENHUA (01088.HK)'s 1H coal sales grow 9.3% YoY
2013-07-16
CHINA SHENHUA (01088.HK) announced the major operational figures for the month of June, stating that the commodity coal output gained 3.9% year-on-year to 26.4 million tons and coal sales grew 28.3% to 45.3 million tons; total power generation rose 14.9% to 19.7 billion KWh, and total sales of electricity soared 15.2% to 18.32 billion KWh.
For the first six months of 2013, commodity coal output mounted 1.6% to 158.3 million tons; coal sales increased 9.3% to 242.7 million tons; total power generation grew 2.7% to 105.46 billion KWh; total sales of electricity grew 2.8% to 98.31 billion KWh.
Source: AAStocks Financial News
2013-07-16
CHINA SHENHUA (01088.HK) announced the major operational figures for the month of June, stating that the commodity coal output gained 3.9% year-on-year to 26.4 million tons and coal sales grew 28.3% to 45.3 million tons; total power generation rose 14.9% to 19.7 billion KWh, and total sales of electricity soared 15.2% to 18.32 billion KWh.
For the first six months of 2013, commodity coal output mounted 1.6% to 158.3 million tons; coal sales increased 9.3% to 242.7 million tons; total power generation grew 2.7% to 105.46 billion KWh; total sales of electricity grew 2.8% to 98.31 billion KWh.
Source: AAStocks Financial News
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Re: China Shenhua Energy 1088
by winston » Wed Jul 17, 2013 8:24 pm
CHINA SHENHUA (01088.HK) soars 7% on bullish results
2013-07-17
CHINA SHENHUA (01088.HK) soared after announcing the major operational figures for the month of June, stating that the commodity coal output gained 3.9% year-on-year to 26.4 million tons and coal sales grew 28.3% to 45.3 million tons;
Total power generation rose 14.9% to 19.7 billion KWh, and total sales of electricity soared 15.2% to 18.32 billion KWh.
The stock was last up 7% on volume of 10.06 million shares.
Source: AAStocks Financial News
2013-07-17
CHINA SHENHUA (01088.HK) soared after announcing the major operational figures for the month of June, stating that the commodity coal output gained 3.9% year-on-year to 26.4 million tons and coal sales grew 28.3% to 45.3 million tons;
Total power generation rose 14.9% to 19.7 billion KWh, and total sales of electricity soared 15.2% to 18.32 billion KWh.
The stock was last up 7% on volume of 10.06 million shares.
Source: AAStocks Financial News
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Re: China Shenhua Energy 1088
by winston » Sat Oct 26, 2013 9:16 pm
not vested
China coal giant Shenhua cuts 2013 sales target after profit fall
HONG KONG Oct 25 (Reuters) - China Shenhua Energy Co Ltd , the country's largest coal producer, posted a 22 percent drop in third-quarter net profit, due to weak coal prices caused by ample supplies and flagging demand.
The coal mining giant, which also owns power plants, railways and ports, also lowered its sales target for 2013 by 5.4 percent to 256.8 billion yuan ($42 billion), reflecting sluggish markets.
Chinese coal prices fell around 16 percent in the first three quarters of the year due to sluggish demand, putting miners under strain but reducing costs for power producers.
Other coal producers in the region also reported weak earnings on Friday, including China Coal Energy Co Ltd's , Yanzhou Coal Mining Co Ltd <1171.HK and Inner Mongolia Yitai Coal Co Ltd .
Shenhua said its net profit for the first nine months reached 34.3 billion yuan, versus 38.8 billion yuan a year earlier, under international accounting standards.
Third quarter earnings fell to 9.4 billion yuan from 12.1 billion yuan a year earlier, according to Reuters calculations.
"The stable and promising trend of the macro-economy is expected to result in steady energy demand. With the seasonal growth in demand for coal driven by heating in winter, coal prices will stabilise gradually," Shenhua said.
On Friday, China Coal Energy said its January-September net profit fell 47.9 percent to 3.7 billion yuan, while Yitai Coal reported a 47.5 percent in net profit to 3.06 billion yuan.
Another major Chinese producer Yanzhou Coal swung to a net loss of 588.6 million yuan in the first nine months.
China's coal market will remain amply supplied into the fourth quarter despite peak winter consumption and the fundamentals are expected to remain much the same in 2014, local media reported on Tuesday, citing the China Coal Transportation Association.
Earlier this week, Shenhua said it expected the recent government cuts of power tariffs would reduce its pre-tax profit by about 610 million yuan this year.
Shares of Shenhua closed down 1.26 percent at HK$23.6 on Friday.
Source: Reuters
China coal giant Shenhua cuts 2013 sales target after profit fall
HONG KONG Oct 25 (Reuters) - China Shenhua Energy Co Ltd , the country's largest coal producer, posted a 22 percent drop in third-quarter net profit, due to weak coal prices caused by ample supplies and flagging demand.
The coal mining giant, which also owns power plants, railways and ports, also lowered its sales target for 2013 by 5.4 percent to 256.8 billion yuan ($42 billion), reflecting sluggish markets.
Chinese coal prices fell around 16 percent in the first three quarters of the year due to sluggish demand, putting miners under strain but reducing costs for power producers.
Other coal producers in the region also reported weak earnings on Friday, including China Coal Energy Co Ltd's , Yanzhou Coal Mining Co Ltd <1171.HK and Inner Mongolia Yitai Coal Co Ltd .
Shenhua said its net profit for the first nine months reached 34.3 billion yuan, versus 38.8 billion yuan a year earlier, under international accounting standards.
Third quarter earnings fell to 9.4 billion yuan from 12.1 billion yuan a year earlier, according to Reuters calculations.
"The stable and promising trend of the macro-economy is expected to result in steady energy demand. With the seasonal growth in demand for coal driven by heating in winter, coal prices will stabilise gradually," Shenhua said.
On Friday, China Coal Energy said its January-September net profit fell 47.9 percent to 3.7 billion yuan, while Yitai Coal reported a 47.5 percent in net profit to 3.06 billion yuan.
Another major Chinese producer Yanzhou Coal swung to a net loss of 588.6 million yuan in the first nine months.
China's coal market will remain amply supplied into the fourth quarter despite peak winter consumption and the fundamentals are expected to remain much the same in 2014, local media reported on Tuesday, citing the China Coal Transportation Association.
Earlier this week, Shenhua said it expected the recent government cuts of power tariffs would reduce its pre-tax profit by about 610 million yuan this year.
Shares of Shenhua closed down 1.26 percent at HK$23.6 on Friday.
Source: Reuters
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Re: China Shenhua Energy 1088
by winston » Thu Feb 06, 2014 10:49 am
vested
<Research Report>CHINA SHENHUA (01088.HK) rated Buy with target cut to $27.4 by UBS
CHINA SHENHUA (01088.HK) reported coal production had climbed 5% yearly to 318 million tons in 2013, and power generation had escalated 9% yearly to 210 billion KWh. UBS strongly conceived that the group had achieved satisfactory results amid the macro environment, thus rating was retained at Buy.
2013-2015 ASP of coal was trimmed by 3%, 10% and 9%. 2013-2015 EPS forecasts were lowered by 10%, 17% and 15.4%.
Target price was reduced from $30.67 to $27.4.
The bank pointed out the current price of CHINA SHENHUA represents 8.5x to 2014 P/E estimate, which is the lowest value among its peers.
Source: AAStocks Financial News
<Research Report>CHINA SHENHUA (01088.HK) rated Buy with target cut to $27.4 by UBS
CHINA SHENHUA (01088.HK) reported coal production had climbed 5% yearly to 318 million tons in 2013, and power generation had escalated 9% yearly to 210 billion KWh. UBS strongly conceived that the group had achieved satisfactory results amid the macro environment, thus rating was retained at Buy.
2013-2015 ASP of coal was trimmed by 3%, 10% and 9%. 2013-2015 EPS forecasts were lowered by 10%, 17% and 15.4%.
Target price was reduced from $30.67 to $27.4.
The bank pointed out the current price of CHINA SHENHUA represents 8.5x to 2014 P/E estimate, which is the lowest value among its peers.
Source: AAStocks Financial News
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Re: China Shenhua Energy 1088
by winston » Tue Feb 18, 2014 7:36 pm
not vested
CHINA SHENHUA (01088.HK) Jan commercial coal production down 4.3% yoy
2014-02-18
CHINA SHENHUA (01088.HK) -0.200 (0.932%) Short selling $41.84M; Ratio 30.608% announced that in January this year, the commercial coal production fell 4.3% yearly to 26.8 million tons; coal sales rose 18.4% yearly to 31.5 million tons.
During the period, the total electricity generation fell 10.5% yearly to 17.52 billion kwh; total electricity sales fell 10.9% yearly to 16.31 billion kwh; shipping volume was 8.1 million tons, up by 28.6% yearly.
Source; AAStocks Financial News
CHINA SHENHUA (01088.HK) Jan commercial coal production down 4.3% yoy
2014-02-18
CHINA SHENHUA (01088.HK) -0.200 (0.932%) Short selling $41.84M; Ratio 30.608% announced that in January this year, the commercial coal production fell 4.3% yearly to 26.8 million tons; coal sales rose 18.4% yearly to 31.5 million tons.
During the period, the total electricity generation fell 10.5% yearly to 17.52 billion kwh; total electricity sales fell 10.9% yearly to 16.31 billion kwh; shipping volume was 8.1 million tons, up by 28.6% yearly.
Source; AAStocks Financial News
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Re: China Shenhua Energy 1088
by winston » Mon Mar 24, 2014 9:48 am
not vested
CHINA SHENHUA (01088.HK) Feb commercial coal output rises 3.2%
March 14, 2014
CHINA SHENHUA (01088.HK) reported commercial coal production had added 3.2% yearly to 25.6 million tons in February.
Coal sales declined 7.3% yearly to 38.3 million tons over the month.
In addition, total power generation escalated 16.6% year-on-year to 15.04 billion kwh.
Source: AAStocks Financial News
CHINA SHENHUA (01088.HK) Feb commercial coal output rises 3.2%
March 14, 2014
CHINA SHENHUA (01088.HK) reported commercial coal production had added 3.2% yearly to 25.6 million tons in February.
Coal sales declined 7.3% yearly to 38.3 million tons over the month.
In addition, total power generation escalated 16.6% year-on-year to 15.04 billion kwh.
Source: AAStocks Financial News
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Re: China Shenhua Energy 1088
by winston » Mon Mar 31, 2014 8:53 am
not vested
CHINA SHENHUA (01088.HK) 2013 net profit down 9%
2014-03-30
CHINA SHENHUA (01088.HK) 0.000 (0.000%) Short selling $40.80M; Ratio 10.676% announced that for 2013, the revenue rose 11.5% yearly to RMB283.8 billion; net profit fell 9.3% to RMB45.079 billion, representing EPS of RMB2.266.
A final dividend of 91 fen was declared.
During the year, the gross profit rose 1.8% to RMB81.366 billion; overall gross profit margin fell from 31.4% to 28.7%.
The 2013 capital expense equaled RMB48 billion, and the 2014 capital expense is planned at RMB50.38 billion.
Source: AAStocks Financial News
CHINA SHENHUA (01088.HK) 2013 net profit down 9%
2014-03-30
CHINA SHENHUA (01088.HK) 0.000 (0.000%) Short selling $40.80M; Ratio 10.676% announced that for 2013, the revenue rose 11.5% yearly to RMB283.8 billion; net profit fell 9.3% to RMB45.079 billion, representing EPS of RMB2.266.
A final dividend of 91 fen was declared.
During the year, the gross profit rose 1.8% to RMB81.366 billion; overall gross profit margin fell from 31.4% to 28.7%.
The 2013 capital expense equaled RMB48 billion, and the 2014 capital expense is planned at RMB50.38 billion.
Source: AAStocks Financial News
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Re: China Shenhua Energy 1088
by winston » Wed Apr 02, 2014 7:55 pm
not vested
China Shenhua Energy (1088 HK)
2013: Results Slightly Beat Expectations; Attractive Valuation with Sustained
Earnings Growth Outlook
Shenhua’s 2013 net profit declined 9% yoy, beating market expectations and better than peers’ 57-87% decline, a proof of the success of its vertically-integrated model.
Its future capex will focus on the profitable power and railway businesses.
Itsconservative 2014 guidance does not reflect the competitiveness of its various business segments and its long-term sustainable earnings growth outlook.
The stock is trading at an attractive 8x 2015F PE.
Maintain BUY. Target price: HK$31.60.
Source: UOBKH
China Shenhua Energy (1088 HK)
2013: Results Slightly Beat Expectations; Attractive Valuation with Sustained
Earnings Growth Outlook
Shenhua’s 2013 net profit declined 9% yoy, beating market expectations and better than peers’ 57-87% decline, a proof of the success of its vertically-integrated model.
Its future capex will focus on the profitable power and railway businesses.
Itsconservative 2014 guidance does not reflect the competitiveness of its various business segments and its long-term sustainable earnings growth outlook.
The stock is trading at an attractive 8x 2015F PE.
Maintain BUY. Target price: HK$31.60.
Source: UOBKH
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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