Coal Stocks Lead A-Share Gains This Year; List of 10 High-Quality, Low-PE Stocks Released

The coal market remains robust despite the off-season, with power coal prices at Qinhuangdao Port breaking through the 1,000 yuan/ton mark and rising over 40% year-on-year. Driven by strong coal prices, Data Bao statistics show that as of the close on October 12, the annual gain in the coal index reached 24.45%, far surpassing the A-share market index for the same period and ranking first among Shenwan industries. Of the 23 coal stocks with rising stock prices this year, they accounted for 67.64% of the total. In terms of valuation levels, among coal stocks with positive net profits in the first half of 2026 and a year-on-year growth of over 20% (including turning losses into profits), 10 have a rolling price-to-earnings ratio (PE) below 30, including China Power Investment Energy, Xinji Energy, Shaanxi Coal, Huayang Shares, Shanmei International, etc. Among these 10 low-PE, high-growth coal stocks, the latest dividend yield (based on the last 12 months) for all exceeds 1%, with Shaanxi Coal, China Power Investment Energy, Huayang Shares, Shanmei International, and Yankuang Energy having dividend yields above 2%.