Guotai Haitong sets target for China Coal stock at RMB 21.15

Published on 10/13/2026 at 05:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

China Coal Energy earned RMB 8.19 billion in first-half profit, up 11.80 percent. China Coal stock pays RMB 0.184 per share.

Key points in brief

Guotai Haitong assigned an Add rating and a RMB 21.15 target to China Coal Energy on August 26, 2026.
First-half 2026 IFRS profit attributable to shareholders rose 11.80 percent to RMB 8.192 billion.
China Coal Energy planned an interim dividend of RMB 0.184 per share, payable before the end of October 2026.
The Shanghai-listed stock was at CNY 14.64 on October 13, 2026, within a 52-week range of CNY 11.63 to CNY 19.77.

China Coal, CNE100000528, Illustration mit AI erstellt.

Guotai Haitong assigned an Add rating and a RMB 21.15 target to China Coal Energy on August 26, 2026, giving China Coal stock a fresh analyst benchmark. The recommendation followed the companys first-half results, which showed higher profit despite lower coal output.

Target follows stronger first half

According to Futubull on August 26, 2026, Guotai Haitong kept its Add rating and set the target at RMB 21.15 after revising its 2026 to 2028 earnings forecasts lower. The same review reported first-half revenue of RMB 73.14 billion, down 1.80 percent year over year, while net profit attributable to shareholders rose 5.80 percent to RMB 8.15 billion.

China Coal Energy reported IFRS profit attributable to shareholders of RMB 8.192 billion in the first half of 2026, up 11.80 percent year over year. IFRS basic earnings per share reached RMB 0.62, an increase of 12.70 percent, according to Yahoo Finance on October 4, 2026.

What does the profit mean for margins?

The earnings improvement came while commercial coal production fell to 61.95 million tons in the first half of 2026. The average selling price of self-produced commercial coal increased 11.50 percent year over year to RMB 524 per ton, while unit sales cost rose 8.60 percent to RMB 285.69 per ton.

The chemical segment supplied a second earnings lever. Its first-half revenue reached RMB 10.43 billion, up 11.40 percent year over year, and gross profit rose 62.00 percent to RMB 2.294 billion, based on the Guotai Haitong review.

Dividend and results dates

China Coal Energy planned an interim dividend of RMB 0.184 per share for the first half of 2026, with payment expected before the end of October 2026, according to Yahoo Finance. The companys September sales update was reported on October 12, 2026, while market estimates place the next quarterly results conference on October 24, 2026, according to Finanzen.

Three dated operating markers

On August 21, 2026, China Coal Energy reported first-half shareholder profit growth of 11.80 percent. On September 11, 2026, it reported production data through August, including a 13.00 percent decline in production. On October 12, 2026, September sales were reported to have increased 3.00 percent despite lower output.

Shanghai quote and valuation range

China Coal Energy was last at CNY 14.64 on the Shanghai Stock Exchange on October 13, 2026 at 11:29 a.m. CST. The 52-week range was CNY 11.63 to CNY 19.77, putting the quote 25.95 percent below the upper end of that range.

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