Steel

hbky

hbky released FY2026 Q1 earnings on April 28 After-Market (BJT), actual revenue CNY 10.2 B, actual EPS CNY 0.18

hbky FY2026 Q1 Earnings Release on April 29 After-Market BJT

hbky released FY2025 Q4 earnings on March 27 After-Market (BJT), actual revenue CNY 9.283 B, actual EPS CNY 0.1596

hbky released FY2025 Annual Earnings on March 27 After-Market (BJT), actual revenue CNY 41.24 B (forecast CNY 53.27 B), actual EPS CNY 0.56 (forecast CNY 0.666)

hbky to Release FY2025 Earnings on March 28 After-Market (BJT), Forecast Revenue CNY 53.27 B, EPS CNY 0.666

hbky released FY2025 9 Months Earnings on October 30 During-Market (BJT), actual revenue CNY 31.84 B, actual EPS CNY 0.3976

hbky released FY2025 Q3 earnings on October 30 During-Market (BJT), actual revenue CNY 22.23 B, actual EPS CNY 0.0149

hbky to Release FY2025 Q3 Earnings on October 31 During-Market BJT

hbky released FY2025 Q2 earnings on August 26 Pre-Market (BJT), actual revenue CNY -870.61 M, actual EPS CNY 0.1227

hbky released FY2025 Semi-Annual earnings on August 26 Pre-Market (BJT), actual revenue CNY 9.696 B, actual EPS CNY 0.38

hbky to Release FY2025 Semi-Annual Earnings on August 29, 2025 (BJT)

Former CEO Wang Mingsheng of Huaibei Mining Under Investigation

Huai Bei Mining Shares Reach 60-Day High

Huai Bei Mining's Net Profit Expected to Decrease by 65% in H1 2025

Huai'bei Mining Group Completes Share 增持 Plan

Company Expects Steady Improvement in Coking Coal Prices and Takes Multiple Measures

Huai Mining Tackles Coal Price Decline with Cost Reduction Measures

Analyst Gives Huai'bei Mining a Buy Rating

Huai Bei Mining's Secretary Explains Minimal Impact of US-China Tariffs on the Company

Huai Bei Mining's Revenue and Net Profit Decline in Q1 2025

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600403

600740

601699

01171

601225

601898

601088

600985

601918

On April 20, Du Cong, chief coal analyst at Zhongtai Securities, reported that thermal coal prices reached 769 yuan per ton, nearing the critical 800 yuan mark, with a weekly increase of 8 yuan. Coking coal prices rose by 70 yuan per ton due to strong non-electricity demand. Power coal consumption increased by 7% year-on-year, while coal inventories fell, indicating a supply-demand shift favoring sellers. Despite rising coal prices, stock prices have not increased, but a significant rise could present an investment opportunity.

CoinLive

HYMD

DYEC

JZEG

Lu′an EED

YNCE

YANKUANG ENERGY

PINGMEI COAL

HYNY

SHCI

SCIE

China Coal Energy

CSEC/China Shenhua

Shaanxi Heimao

SLSVC

XINJI ENERGY

Guotai CSI Coal ETF

ZHONGTAI SECURITIES

STOCKS | Coal Prices Near Key Threshold Amid Market Concerns

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01898

Guosen Securities released a research report indicating that coal prices will be affected by a downturn and poor profits of coal companies in mid-2024, but it is expected that coal prices will rebound in the second half of 2025, with the possibility of reaching 750 yuan/ton in the fourth quarter. The current coal industry is in a cyclical low, with both PE and PB being low, and it is expected that the release of demand during the peak season will drive coal prices upward. On the supply side, production in July and August decreased year-on-year due to rainfall and checks on overproduction

Zhitong

TDTEC

CHINA COAL

Guotai Junan Securities: Expectations of supply contraction raise the bottom of coal prices, and seasonal demand release may open up upward space for coal prices

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Guosheng Securities research report indicates that since the beginning of the year, coal prices have fallen by 2.3%, ranking last among 30 industries in terms of decline. "The cold winter is over, and a warm spring is coming," coal prices are fluctuating upwards, and may close at a peak by the end of the year, providing momentum for the sector. Guosheng Securities is firmly optimistic about the subsequent coal sector market. Key focus on Keda Control, which is deeply engaged in the smart mining field. Key attention to central coal enterprises China Coal Energy and China Shenhua; strongly recommend China Qinfa, which is experiencing a turnaround; and high-performing Shaanxi Coal and Electricity, Huabei Mining, and XINJI ENERGY, among others

CHINA QINFA

Guosheng Securities: Firmly optimistic about the subsequent coal sector market

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The coal sector collectively strengthened during the trading session, with Huayang Co., Ltd. hitting the daily limit, and JHSCIC, Lu'an EED, China Coal Energy, and hbky leading in gains

HYGF

JHSCIC

The coal sector collectively strengthened, and Huayang Co., Ltd. hit the daily limit

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The coal sector experienced a volatile rebound during the trading session, with Lu'an EED rising nearly 7%. JHSCIC, hbky, CHINA COAL, Shanxi Coking Coal, and SHCI also followed suit. Additionally, China Shenhua's H shares briefly hit a historical high during the session

Shanxi Coking Coal

The coal sector fluctuated and rebounded, with Lu'an EED rising over 7%

CSUAY

01088

Guosen Securities released a research report stating that the negative factors for the coal industry in the second quarter have been exhausted, and the peak season for non-electric demand in September and October is approaching. The bottom of coal prices has been verified, and a rebound is expected. It is recommended to pay attention to growth stocks such as China Power Investment Energy and XINJI ENERGY, mid-to-long-term stable stocks such as CSEC/China Shenhua and CHINA COAL, and flexible stocks such as JHSCIC and hbky. In the second half of the year, with the improvement in demand, the performance of coal companies is expected to improve

China Shenhua Energy

CHINA SHENHUA

Guotai Junan Securities: The peak season for non-electric demand in September and October is approaching, and improvements in the coal industry can be expected

Guosheng Securities maintains a "Buy" rating on hbky, expecting the net profit attributable to the parent company in the first half of 2025 to be 1.032 billion yuan, a year-on-year decrease of 64.85%. The net profit attributable to the parent company in Q2 2025 is expected to be 340 million yuan, a year-on-year decrease of 74.72%. In terms of commodity coal production and sales, both H1 2025 and Q2 2025 experienced a year-on-year decline, but there was a quarter-on-quarter recovery. The Zhuzhuang Coal Mine has completed filling and passed acceptance, which has little impact on performance. The company is accelerating the advancement of coal power industry and non-coal business

Guosheng Securities: Maintains "Buy" rating on hbky, non-coal business is progressing in an orderly manner

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Guangfa Securities released a research report indicating that recently, coke prices have experienced a second and third round of increases, and the coal market is stabilizing and recovering. It is expected that in the second half of the year, coal prices will continue to improve due to seasonal demand increases, a slowdown in production growth, and a decline in expectations for imported coal. In terms of policy, the National Energy Administration has restricted raw coal production, further supporting coal prices. Although the coal price center is expected to decline in 2025, it is anticipated that profits in the second quarter have reached a bottom, with a steady recovery expected in the second half of the year and in the medium to long term

Guangfa Securities: The second and third rounds of price increases for coke have been implemented consecutively, and the expectation of subsequent supply contraction strengthens support for the rise in coal prices

According to the Anhui Provincial Commission for Discipline Inspection and Supervision: Wang Mingsheng, former Party Secretary and Chairman of HuaiBei Mining Co., Ltd., is suspected of serious violations of discipline and law, and is currently undergoing disciplinary review and supervision investigation by the Anhui Provincial Commission for Discipline Inspection and Supervision

Wang Mingsheng, former Party Secretary and Chairman of HuaiBei Mining Co., Ltd., is under disciplinary review and supervision investigation

hbky(600985.SH)