China's Risun Group H1 revenue rises, partly on coking coal pricing strength

China Risun

28/08/2026 14:09

Overview
China energy chemicals producer's H1 revenue rose 5.2% yr/yr
Net income attributable to owners surged for the half-year
Company declared interim dividend of RMB1.44 cents per share

Outlook
China Risun will advance H2 construction of silicon-carbon, porous-carbon and integrated anode-material lines, plus phase II 430MW storage
The Group will seek to raise coke sales volume and implement market-affordable price increases of RMB50/ton each time

Result Drivers
LITHIUM BATTERY MATERIALS - Lithium battery anode materials production rose 63.9% yr/yr, supporting overall results
HYDROGEN OUTPUT - High-purified hydrogen production volume increased 17.4% yr/yr
COKE PRICE INCREASES – Coke revenue rose 9.6%, driven by an 11.3% price increase amid higher coking-coal costs
TRADING PORTFOLIO SHIFT – Trading gross profit more than doubled as the Group cut low-margin projects and increased high-margin volumes

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Net Income Attributable
 
RMB 204 mln
 

Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the commodity chemicals peer group is "buy."
Wall Street's median 12-month price target for China Risun Group Ltd is HK$3.13, about 53.1% above its August 28 closing price of HK$2.05
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 100 three months ago

Reuters Recommended Reads
Aug 25 - Hong Kong's E-Commodities H1 net income soars amid coking coal price recovery
Aug 26 - China's Sanjiang Fine Chemicals H1 net profit more than doubles as margins improve
Aug 27 - China's Conch Venture H1 profit falls despite higher revenue on lithium cost pressure

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)