Shougang Fushan Resources Group Limited · HKEX:639
Shougang Fushan Resources — H1 2024 Earnings Presentation
10 slides from Shougang Fushan Resources's earnings presentation, Aug 29, 2024
Slide 1: 2024 Interim Results
首鋼福山資源集團有限公司 SHOUGANG FUSHAN RESOURCES GROUP LIMITED Stock Code 股份代號 : 639 2024 Interim Results
Slide 2: Disclaimer
Disclaimer This document has been prepared by Shougang Fushan Resources Group Limited (abbreviated as “Shougang Resources” or the “Company”) for the sole purpose of briefing by the Company, and copying and delivery to others are strictly prohibited. Since the dissemination of this document within th
Slide 3: 2024 Interim Result
2,498million HKD 837million HKD Revenue 27% Attributable Profit 32% 56% 17.0 HK cents GPM 9pts Basic EPS 9 HK cents/Share 7% Interim Dividend Annualized Dividend Yield (closing price of 29 August 2024) 2024 Interim Result
Slide 4: Completion and Successful Operation of Xingwu Lower Coal Seam Project
Completion and Successful Operation of Xingwu Lower Coal Seam Project Raw and Clean Coking Coal Output (million tonnes) 2.66 2.25 1.86 1.29 1H 2023 1H 2024 Raw Coking Coal Clean Coking Coal Clean Coking Coal Sales Volume (million tonnes) 1.79 1.34 2023 1H 2024 1H 4
Slide 5: Price Trends in line with the Market
Price Trends in line with the Market Benchmark vs Company's Clean Coking Coal Integrated Average Price (RMB/tonne) 3,000 2,402 1,938 2,000 1,932 • In 1H 2024, the company‘s product structure was adjusted due to the transition from upper to lower coal seams at Xingwu Coal Mine. As a result, the integ
Slide 6: Unit Cost Impacted by Temporary Production Decline
Unit Cost Impacted by Temporary Production Decline Raw Coking Coal Production Cost • Unit cost rose: (RMB/tonne) • Raw coking coal production dropped 15% yoy 90 • Clean coking coal production dropped 31% yoy 90 • D&A expenses increased partly due to the Xingwu lower seam 96 74 project construction n
Slide 7: Expanding New Channels in Response to Product Structure
Expanding New Channels in Response to Product Structure Major Customers Dividend (HK cents/ Share) Other 18 Shandong Longqiang Energy Co. Shanxi Coal Logistics 10 9 Development Co. 2023 2024 Interim Dividend Final Dividend Shanxi Shengda Yufei 7
Slide 8: Continuously Enhancing Company Governance Standards
Continuously Enhancing Company Governance Standards The company is committed to advancing its level of intelligence. The Zhaiyadi Mine has completed the intermediate evaluation for intelligent mines at the provincial level. Similarly, the other two mines have both passed the preliminary assessment.
Slide 9: Continuously Maintain Workplace Safety-related Casualties
0 Continuously Maintain Workplace Safety- related Casualties Xingwu Mine's first operational permanent refuge chamber has been successfully completed, with Regular safety activities and drills are held to enhance employees' safety production management and ensure that safety installation and commiss
Slide 10: Investor/Media Enquiry
首鋼福山資源集團有限公司 SHOUGANG FUSHAN RESOURCES GROUP LIMITED Stock Code 股份代號 : 639 Investor/Media Enquiry Tel: +852 2586 0839 Email: ir@shougang-resources.com.hk 29 August 2024
Shougang Fushan Resources Group — H1 2024 Earnings Presentation on 6ix