Guohai Securities: Coal-listed companies show five high characteristics

On January 24th, Jinshi Data reported that Guohai Securities’ research report stated that the current Heavy Position stock holdings of the coal industry fund account for a low proportion, the race track is not crowded, and the coal industry’s value attributes are highlighted, coupled with the continuous decline of the 10-year government bond yield. It is expected that in the next few years, the coal industry will still maintain a tight balance. The coal industry has high asset quality, abundant cash flow on the books, and listed coal companies have five high characteristics: high profitability, high cash flow, high barriers, high dividend, and high safety margin.