Recently, coal stocks have become the object of market slump. Among them, Xishan Coal & Electricity (000983) has fallen by more than 20% since September and has been significantly reduced by institutions. It also followed the broader market crash on Friday, with the overall decline exceeding 5%. The 2008 mid-year report showed that the overall performance of coal stocks increased by 70% in the first half of this year.
According to statistics, the total net profit of listed companies in the coal sector during the first half of this year was 30.121 billion yuan, compared with 17.791 billion yuan in the same period of last year, and the overall performance of listed companies in the coal sector increased by 69.31% over the same period last year. According to statistics from Tianshen Investment, the total net profit of listed companies in the first half of the year was 553.3 billion yuan, a year-on-year increase of 16.03%. It can be seen that the growth rate of the net profit of listed companies in the coal sector is higher than that of the A-share listed companies.
Price increase is the main reason for the sharp increase in the performance of coal stocks in the first half of this year. Although listed companies in the coal industry performed well in the first half of the year, such stocks were “slumpingâ€. According to the analysis, the recent decline in coal stocks was mainly suppressed by international oil prices and market demand. Sun Haibo, a research fellow at United Securities Securities and Coal Industry, believes that the decline in international coal prices and oil prices triggered a second decline in coal stocks. On the demand side, as the production speed of downstream products such as thermal power, crude steel and cement continued to decline in the first half of this year, fixed investment in coal continued to grow rapidly.
Coal stocks have fallen collectively in recent days, and they have plummeted on the 5th. The overall decline has exceeded 5%. However, industry analysts pointed out that although the coal stocks fell in the short-term, but these do not affect the long-term investment in coal stocks. Xiao Hanping, an analyst at Galaxy Securities, believes that selling a small number of funds in the short-term will also cause a follow-through to sell in the weak market.
According to statistics, the total net profit of listed companies in the coal sector during the first half of this year was 30.121 billion yuan, compared with 17.791 billion yuan in the same period of last year, and the overall performance of listed companies in the coal sector increased by 69.31% over the same period last year. According to statistics from Tianshen Investment, the total net profit of listed companies in the first half of the year was 553.3 billion yuan, a year-on-year increase of 16.03%. It can be seen that the growth rate of the net profit of listed companies in the coal sector is higher than that of the A-share listed companies.
Price increase is the main reason for the sharp increase in the performance of coal stocks in the first half of this year. Although listed companies in the coal industry performed well in the first half of the year, such stocks were “slumpingâ€. According to the analysis, the recent decline in coal stocks was mainly suppressed by international oil prices and market demand. Sun Haibo, a research fellow at United Securities Securities and Coal Industry, believes that the decline in international coal prices and oil prices triggered a second decline in coal stocks. On the demand side, as the production speed of downstream products such as thermal power, crude steel and cement continued to decline in the first half of this year, fixed investment in coal continued to grow rapidly.
Coal stocks have fallen collectively in recent days, and they have plummeted on the 5th. The overall decline has exceeded 5%. However, industry analysts pointed out that although the coal stocks fell in the short-term, but these do not affect the long-term investment in coal stocks. Xiao Hanping, an analyst at Galaxy Securities, believes that selling a small number of funds in the short-term will also cause a follow-through to sell in the weak market.
Welded Tube Mill is called cold roll forming machine for welded pipe. Checking from the name, we can know that it is a kind of pipe making production line. For this machine, it supports the material thickness from 0.5-5mm, for diameter range from 10-127mm. And now there are four types welded pipe machines: HG32, HG50, HG76 and HG127. For different material thickness, diameter range, choose different pipe machine.Except them,we also supply down pipe bender.
High Frequency Welding Tube Mill, Welded Pipe Mill, Tube Welded Machine,Down Pipe Bender
Zhongtuo Roll Forming Machinery Co., ltd , https://www.frameforming.nl