China Coal Energy stock receives RMB 21.15 target after profit growth

Published on 10/07/2026 at 00:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Profit attributable to shareholders rose 11.80 percent to RMB 8.19 billion in the first half. China Coal Energy stock had a EUR 1.16 prior close on October 5, 2026.

China Coal, CNE100000528, Illustration mit AI erstellt.

China Coal Energy stock received a RMB 21.15 target after first-half profit growth. On August 26, 2026, Guotai Haitong Securities maintained an Add rating and set the target in a review published by Futubull.

Target reflects stronger profit

The review cited 2026 interim revenue of RMB 73.14 billion, down 1.80 percent year over year, while net profit attributable to shareholders reached RMB 8.15 billion, up 5.80 percent. Guotai Haitong Securities also lowered its 2026 to 2028 earnings-per-share estimates to RMB 1.41, RMB 1.58 and RMB 1.72 from RMB 1.60, RMB 1.75 and RMB 1.80.

The target was based on an average 2026 price-to-earnings multiple of 15 times for comparable companies. That combination is important for investors because the review raised the profit signal while cutting the earnings forecast, leaving valuation and coal prices as the key counterweights.

Coal output faces safety pressure

China Coal Energy reported commercial coal production of 61.95 million tons in the first half of 2026, according to its earnings-call transcript published by Yahoo Finance. Commercial coal sales reached 119.70 million tons, including 61.40 million tons of self-produced coal.

The transcript also showed that International Financial Reporting Standards profit attributable to shareholders rose 11.80 percent to RMB 8.19 billion in the first half, while revenue remained RMB 73.13 billion. Basic earnings per share increased 12.70 percent to RMB 0.62, giving the profit improvement a stronger per-share dimension.

Sales data add a mixed signal

August production illustrates the operating risk. MarketScreener reported that monthly commercial coal production was 10.08 million tons, down from 11.60 million tons a year earlier. Year-to-date production stood at 82.28 million tons versus 89.99 million tons in the comparable period.

Coal chemicals provided a partial offset: the first-half coal-chemical segment generated RMB 10.43 billion in revenue, up 11.40 percent, while gross profit rose 62.00 percent to RMB 2.294 billion. The contrast leaves China Coal Energy with stronger chemical profitability but a production profile exposed to safety rules and geological conditions.

Prior close remains EUR 1.16

The Lang & Schwarz prior close was EUR 1.16 for October 5, 2026. The interim dividend plan is RMB 0.184 per share, with distribution expected before the end of October 2026.

The further course of trading is shown by the continuously updated real-time quote of China Coal stock.