CITIC Securities: The performance of coal companies is expected to hit a new high, and the high boom in 2022 may continue – yqqlm

According to the latest research report of CITIC Securities, coal prices will hit a record high in 2021, and industry profits will expand significantly. The average performance growth rate is expected to be close to 80%, and the dividend rate is also expected to remain attractive. It is expected that although the coal price will fluctuate in 2022, the overall price will remain high, and the superimposed long-term cooperation price will likely increase. In the context of better performance expectations and stabilizing macroeconomic expectations, the valuation restoration of leading companies is expected to be further advanced.