00916 CHINA LONGYUAN
- 5.640
- +0.060+1.08%
CHINA LONGYUAN News
Longyuan Electric Power (0916.HK): Steady growth in power generation, current valuation is undervalued
Recently, the company released its 2014 quarterly report. In the first quarter, the company achieved revenue of 9.887 billion yuan, an increase of 0.1% over the previous year; net profit belonging to equity holders belonging to the company was 2,482 billion yuan, an increase of 2.59% over the previous year. Business performance remains stable
China Telecommunication Union: In the first quarter, electricity trading centers across the country organized a total of 1424.84 billion kilowatt-hours and an increase of 7.7% year-on-year
On April 30, the China Telecommunication Union released a summary of the national electricity market transactions from January to March 2024.
LONGYUAN POWER(00916.HK):SHORT-TERM PRESSURE ON WIND;EYE ON LONG-TERM GROWTH POTENTIAL
Maintain "Buy": Given Longyuan Power's ("LYP", or the "Company") abundant projec
Longyuan Electric Power (001289): A senior leader in wind power operation, a “big generation and small” pioneer
A leading global clean energy operator, it has maintained its position as the world's largest wind power operator since 2015. The controlling shareholder of the company is National Energy Investment Group. As of the 23rd annual report, the direct shareholding ratio reached 54.9%. Up to 23 years
Longyuan Electric Power (001289): 1Q24 performance is in line with expectations, and environmental values are gradually implemented
The 1Q24 results are in line with our expectations, and Longyuan Electric Power announced 1Q24 results: operating income of 9.88 billion yuan, +0.1% year over year; net profit to mother of 2.39 billion yuan, +2.5% year over year, in line with our expectations. The return on investment comes from
Longyuan Electric Power (001289): Wind power can be expected to grow under pressure in the short term
Introduction to this report: The company's 1Q24 performance growth mainly benefited from increased investment income. Wind power is under pressure in the short term, and there is plenty of room for long-term growth. Key investment points: Maintaining an “increase in holdings” rating: The company has abundant reserves of new energy projects and broad room for long-term growth
Longyuan Electric Power (0916.HK): First-quarter growth was constrained by short-term electricity price valuations dependent on improvements in operating levels
Earnings growth in the first quarter was constrained by wind/photovoltaic prices. The company's profit growth in the first quarter of this year was +2%, lower than the 8.2% year-on-year increase in power generation. We estimate that wind/photovoltaic prices fell 6%/26% year on year during the period as the main factor, which dragged down
How can thousands of villages control the wind? The trillion-dollar new market is expected to have many blockages and pain points to be solved
The National Development and Reform Commission, the National Energy Administration, and the Ministry of Agriculture and Rural Affairs recently jointly issued the “Notice on Organizing and Carrying Out the “Operation to Control the Wind in Thousands of Villages”. How will this action be implemented in the future?
Big Bank Ratings｜J.P. Morgan Chase: Giving Longyuan Electric Power “gain” ratings with mixed results in the first quarter
Glonghui, April 28 | According to a J.P. Morgan Chase research report, Longyuan Electric Power recorded profit attributable to shareholders of 2.48 billion yuan in the first quarter of 2024, an increase of 3% year-on-year, slightly higher than the bank's expectations of 1% to 2%. Due to the 6% drop in wind power costs, this means that the year-on-year decline will be greater than the expected decrease in the number of units per year. It is believed that the stock price reaction to this will be mild to slightly negative. According to the bank, on the positive side, even though overall production capacity increased 14% year over year, operating expenses remained flat year over year. The company will hold a performance briefing at the end of April. Investors in this sector are expected to pay attention to the following three aspects, including whether the electricity price trend for the first quarter will be in 2024
Longyuan Electric Power (001289): Installed electricity production increased, stable operation, slightly increased profit
Core view: Stable operation, increased return on investment, Q1 net profit to mother +2.5% year-on-year. 2024Q1 achieved operating income of 9.877 billion yuan (+0.1% year-on-year) and net profit of 2,393 billion yuan to mother (
Interpretation of ESG Annual Report|Longyuan Electric Power (00916) released the 2023 ESG Report, renewable energy accounts for 86.46% of power generation
Recently, Longyuan Electric Power (00916) released the “2023 Environmental, Social and Governance Report”. With the goal of promoting ideas and raising the awareness of all employees, the company systematically and systematically promoted ESG work in terms of improving the organizational structure, consolidating the management foundation, strengthening capacity building, and expanding communication, and achieved remarkable results.
Guoxin Securities released a research report on April 26 stating that it gave Longyuan Electric Power (001289.SZ) an increase in holdings rating. The main reasons for the rating include: 1) operating income was basically flat, and net profit due to parent
Guoxin Securities released a research report on April 26 stating that it gave Longyuan Electric Power (001289.SZ) an increase in holdings rating. The main reasons for the rating include: 1) operating income was basically flat, and net profit due to parent increased slightly; 2) wind power generation increased slightly; 3) gross margin and net interest rate were basically flat year over year; 4) ROE was basically flat year over year, and operating net cash flow declined slightly; 5) installed capacity of new energy sources continued to grow, and future performance is expected to improve steadily; 6) wind farms are being upgraded “from big to small” to promote efficiency improvement. (Mainichi Keizai Shimbun)
Longyuan Electric Power (001289): Revenue remained flat in the first quarter and net profit to mother increased slightly
Core idea In the first quarter of 2024, the company achieved operating income of 9.887 billion yuan, an increase of 0.10% over the previous year; net profit to mother was 23.93 yuan, an increase of 2.47% over the previous year. As of March 31, 2024
Longyuan Electric Power (00916.HK) Review: Poor wind conditions, Q1 performance was lower than expected, and installed capacity maintained rapid growth
The company released its 2024 quarterly report. The company achieved operating income of 9.887 billion yuan, an increase of 0.10% year on year; net profit to mother was 2,482 billion yuan, up 2.59% year on year, lower than our expectations. Bad wind conditions,
Xiaomo: Target price of HK$6.8 for “gain” rating for Longyuan Electric Power (00916.HK)
Komo released a research report stating that it gave Longyuan Electric Power (00916.HK) an “additional” rating, with a target price of HK$6.8.
Changes in Hong Kong stocks | Longyuan Electric (00916) fell more than 3%, and the company's wind power sector performance was briefly under pressure
Longyuan Electric Power (00916) fell by more than 3%. As of press release, it was down 3.52% to HK$5.76, with a turnover of HK$154 million.
Featured announcements | CNOOC's net profit for the first quarter was nearly 40 billion yuan; China Aluminum's net profit for the first quarter increased 23.01% year-on-year
ZTE's net profit for the first quarter increased by 3.74% year on year; Times Electric's net profit for the first quarter increased by 30.44% year on year.
“ESG Weekly”: How can wind power companies lead the green transformation wave?
The vast sky, the blue sea and the sky. As wind power blows, the long arms of the white “big windmill” with smooth, smooth and shiny lines slowly rotate. As a result, wind turbines convert wind energy into electricity and feed it to thousands of households.
CHINA LONGYUAN To Go Ex-Dividend On June 12th, 2024 With 0.24532 HKD Dividend Per Share
April 26th - $CHINA LONGYUAN(00916.HK)$ is trading ex-dividend on June 12th, 2024. Shareholders of record on June 13th, 2024 will receive 0.24532 HKD dividend per share on August 6th, 2024. The ex
Hong Kong Stock Announces Nuggets | CNOOC achieved net profit of 39.719 billion yuan in the first quarter, up 23.7% year-on-year
[Important matters] Xintong Medical-B (02160): Vitaflow Liberty received CE mark approval and honor-b (02256): FGFR4 inhibitor ipagotinib was certified as an orphan drug by the US FDA China Biopharmaceutical (01177): Class 1 innovative drug “TQA3038 (siRNA)” completed phase I clinical research Huatai Securities (06886) plans to cash out about US$1,793 million in China's Xincheng (01278) subsidiary investment of 5000 10,000 yuan acquisition of Meidi Pension Service
Analysis
Price Target
No Data
