Coal shares are: 1. China Shenhua; 2. China Coal Energy; 3. Jinkong Coal Industry; 4. Orchid scientific and technological innovation; 5. Shanghai Energy; 6. Coking in Shanxi; 7. Panjiang shares; 8. Huaibei Mining; 9. Shenhuo shares; 10. Luhua Hengsheng, etc. In the past decade, the lowest P/E ratio of coal stocks is around 8 times, and the highest is 64.5 times. At present, there are high and low stocks in the coal sector, and everyone compares them according to their own shareholding ratio, but the overall sector is undervalued. The coal industry is usually affected by the relationship between supply and demand, with supply decreasing and prices rising, while supply increasing and prices falling. However, since 20021,the fundamentals of coal supply and demand have been seriously unbalanced, which has led to a super-historical increase in coal prices, and the current profit level has surpassed the past.

What are the coal stocks?

In the short term, a variety of emergencies have broken the short-term balance between coal supply and demand, raised the expectation of rising coal prices, and further raised the expectation that coal stocks will strengthen again. In the medium term, carbon neutrality and energy security have become the dual requirements of the coal industry. In the long run, the new capacity is limited, coal is still a reliable energy security guarantee, and high oil prices support coal for coal chemical industry. As a pillar industry of China's energy, the coal industry should grasp the basic guarantee bottom line of energy supply, reasonably reduce substitution and promote the transformation and development of coal energy saving and low carbon in the process of promoting the "double carbon" strategy; Based on the national conditions of coal, do a good job in clean and efficient utilization of coal and promote the optimal combination of coal and new energy technologies.