During the year, 7 shares have issued delisting announcements.
Egls Co.Ltd(002619) , Northeast Electric Development Company Limited(000585) will terminate listing
Yesterday, Egls Co.Ltd(002619) , Northeast Electric Development Company Limited(000585) successively issued announcements on the termination of the listing of the company’s shares Egls Co.Ltd(002619) announcement shows that the daily closing price of the company’s shares for 20 consecutive trading days is lower than 1 yuan, and the trading compulsory delisting index has been decided by the exchange to terminate the listing, there is no delisting period, and the company’s shares will be delisted within 15 trading days after the Shenzhen stock exchange makes the final listing decision. This is also the first delisting stock with par value this year
The trading of Egls Co.Ltd(002619) shares has been suspended since April 1. At present, the share price is reported at 0.56 yuan / share, with a total market value of 1.033 billion yuan. As of October 29, 2021, there are still about 54700 registered shareholders of Egls Co.Ltd(002619) shares. In 2019 and 2020, Egls Co.Ltd(002619) realized net profit attributable to the parent company was in a loss state, about -2.555 billion yuan and -1.247 billion yuan respectively.
Egls Co.Ltd(002619) share price fell below the line of 1 yuan for the first time on March 4 this year, and then fell continuously. Before the suspension, it fell for six consecutive times. Before the stock price fell, some shareholders fled quickly. The company announced on March 11 that the largest shareholder would reduce its shares by 1% of the total share capital of the company from December 1, 2021 to March 9, 2022.
Northeast Electric Development Company Limited(000585) announcement shows that the company’s net profit after deducting non-profit for two consecutive years is negative, its operating income is less than 100 million yuan, and its net assets at the end of the period are negative, touching the situation of financial delisting, will enter the delisting and consolidation period from April 28, 2022 the company’s annual report profit was also lower than expected. The previous performance forecast profit was about 20 million yuan to 30 million yuan, and the annual profit was 176287 billion yuan.
Northeast Electric Development Company Limited(000585) said in the annual report that since 2021, due to the continuous impact of covid-19 pneumonia epidemic, the hotel industry where the company is located has been greatly impacted. In addition, the power transmission and distribution equipment manufacturing industry is affected by macroeconomic structural adjustment factors, the industry has relatively excess capacity, the market competition is extremely fierce, and the operation pressure faced by the company is increasing day by day.
Before the announcement of Northeast Electric Development Company Limited(000585) annual report, the company’s share price had changed in advance. On the eve of the announcement, it fell by the limit for five consecutive days, and fell below the 1 Yuan line on the latest trading day.
Including these two stocks, in 2022, seven stocks issued the announcement of delisting, of which four stocks were delisted due to financial delisting indicators , Inner Mongolia Pingzhuang Energy Resources Co.Ltd(000780) voluntarily applied for delisting due to share exchange absorption and merger, and Xinyi delisted was forced to delist due to major violations of laws due to financial fraud, Egls Co.Ltd(002619) is the first delisting stock with par value this year.
national Standing Committee: promoting the transformation of energy conservation and emission reduction of coal-fired power units
On April 20, the executive meeting of the State Council pointed out that coal should play the main energy role. We will work together to optimize the approval policies for production and project construction of coal enterprises, implement the local responsibility for stabilizing production and ensuring supply, and fully release advanced production capacity through nuclear capacity increase, expansion and new production, 300 million tons of coal capacity will be added this year. Promote clean and efficient utilization of coal and strengthen the construction of reserve facilities. Using market-oriented and legal methods to guide the operation of coal prices in a reasonable range
In terms of power generation, we should promote the transformation of coal-fired power units and improve energy efficiency. The scale of transformation in the whole year exceeded 220 million KW we should develop nuclear power in an orderly manner on the premise of strict supervision and ensuring absolute safety. The three new nuclear power unit projects that have been comprehensively evaluated and reviewed and incorporated into the national plan shall be approved.
The coal sector has started a wave of rising market since March 16. The industry index has risen by about 30%, and 14 shares in the sector have risen by more than 50%. Recently, there has been a correction, with an average decline of 4.69% this week.
In terms of news, this round of coal stocks rose sharply or due to the strong support of power coal prices, overseas coal prices have risen rapidly since 2022. The Indonesian government raised the benchmark price of coal in March. The benchmark price in April was 288.4 US dollars / ton, up 41.59% month on month, up 232.72% year-on-year from 86.68 US dollars / ton in the same period of last year, and the coal price reached a new high. In 2021, China imported about 190 million tons of coal from Indonesia, accounting for nearly 60% of imports. The sharp rise in overseas coal prices led to the inversion of coal prices outside China and restrained import demand.
According to the statistics of securities times · data treasure, a total of 33 shares in the coal sector issued the performance forecast or performance express in 2021, of which 28 shares were increased in advance, Beijing Haohua Energy Resource Co.Ltd(601101) , Shaanxi Heimao Coking Co.Ltd(601015) , Shanxi Lanhua Sci-Tech Venture Co.Ltd(600123) are expected to increase by more than 400%.
Affected by the sustained high energy prices last year, the performance of thermal power sector declined seriously in 2021. The net profit of 26 shares that have issued performance forecast declined to a certain extent, and only the decline of Shenergy Company Limited(600642) , Shenzhen Energy Group Co.Ltd(000027) , Top Energy Company Ltd.Shanxi(600780) profit was controlled within 50%.
The performance of coal power sector is under pressure, and some institutions are still optimistic Shenwan Hongyuan Group Co.Ltd(000166) research shows that the extreme contradiction between supply and demand of coal and electricity and the pattern of interest distribution are bound to be reversed in 2022 under the background of the high-quality development of coal and electricity set in the 14th five year plan of energy and the repeated emphasis on energy security in high-level speeches China Securities Co.Ltd(601066) Securities believes that the coal supply of thermal power will be locked with Changxie coal in the future, so as to avoid the impact of market coal price fluctuation on thermal power operation. Deepening the market-oriented reform of coal and electricity will help to enhance the ability of coal and electricity enterprises to resist coal price fluctuation.
The coal power sector was relatively resistant to decline this week, with an average slight decline of 0.09%, outperforming the market, and Shenyang Jinshan Energy Co.Ltd(600396) , Huaneng Power International Inc(600011) , Jiangxi Ganneng Co.Ltd(000899) , Guodian achieved a slight rise. In terms of valuation, Zhejiang Zheneng Electric Power Co.Ltd(600023) , Shenzhen Energy Group Co.Ltd(000027) , Guangdong Baolihua New Energy Stock Co.Ltd(000690) the latest rolling P / E ratio is less than 15 times.
