The coal sector rose in intraday shock on the 29th. As of press time, Pingdingshan Tianan Coal Mining Co.Ltd(601666) rose by more than 6%, and Shaanxi Coal Industry Company Limited(601225) rose by more than 5%. It once hit a record high in intraday trading Sundiro Holding Co.Ltd(000571) , Henan Dayou Energy Co.Ltd(600403) limit, Huaibei Mining Holdings Co.Ltd(600985) , Shanxi Coal International Energy Group Co.Ltd(600546) , Guizhou Panjiang Refined Coal Co.Ltd(600395) , China Shenhua Energy Company Limited(601088) , etc. increased by more than 3%.
Some analysts pointed out that the recent performance of the coal sector is relatively strong, and the rising factor of the sector is mainly the improvement of valuation. Huajin Securities said that from a fundamental point of view, the current supply-demand relationship is still tight. Switch between light and peak seasons of thermal coal, and the high price rebounded. Pay attention to the release speed of supply, replenishment of storage and changes in overseas coal prices. Metallurgical coal prices are stable as a whole. Under the background of steady growth, pay attention to the marginal change of demand side data. Since the first quarter, prices have risen continuously and remained high, trading sentiment has been rising, and the first quarter report may exceed expectations. In the future, as listed companies release their performance one after another, the dynamic valuation of the sector is still low, and there is some room for repair. In addition, at present, the profitability of listed companies is high, the capital expenditure is declining, and the valuation level is generally lower than that of other industries. High dividends are worth looking forward to.
Open source Securities believes that the current coal sector still has high allocation value and is optimistic about the market of the sector. Objects benefiting from steady performance and high dividend: Yankuang energy, China Shenhua Energy Company Limited(601088) , Shaanxi Coal Industry Company Limited(601225) , Pingdingshan Tianan Coal Mining Co.Ltd(601666) ; Objects expected to benefit from growth: Shanxi Coking Coal Energy Group Co.Ltd(000983) , Jinneng Holding Shanxi Coal Industry Co.Ltd(601001) , Guizhou Panjiang Refined Coal Co.Ltd(600395) , Huaibei Mining Holdings Co.Ltd(600985) .
