the current valuation of g Shenhuo (933) is lower

The total production capacity of Xinzhuang Coal Mine and gedian Coal Mine owned by the company is designed to be 2.55 million tons, and the actual coal output is over 3.2 million tons. According to the company's announcement, Xinlong Coal Mine, which was recently acquired by the company, is in the trial production stage. In 26, Liuhe Coal Mine, which can increase the production capacity by 9, tons and design the production capacity by 45, tons, will be officially put into production in the second half of next year, and the increased production capacity in 26 will be about 2, tons. Xuehu Mine with an annual output of 1.2 million tons is expected to be put into production in the second half of 27, and Quandian Mine with an annual output of 1.2 million tons is expected to be put into production in 28 -9. After all the coal mines under construction and acquired are put into production, the company's production capacity will increase by 3.75 million tons, an increase of 11.29% compared with the current output of 3.4 million tons. In addition, the company integrates aluminum assets through additional issuance. The company will form a complete coal-electricity-aluminum industrial chain, which can give full play to the synergistic effect of coal, electricity and aluminum business, reduce the overall cost and increase the company's core competitiveness. In the secondary market, the current share price of this stock is less than that of 9 yuan, and the earnings per share in 25 was .95 yuan, so the P/E ratio is less than 1 times, and the performance in 26 is expected to grow steadily, so the current valuation is even lower.