600023 Zhejiang Zheneng Electric Power
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Zhejiang Zheneng Electric Power News
Zhejiang Electric Power (600023.SH): Net profit of 1,815 billion yuan in the first quarter increased 79.62% year-on-year
Gelonghui, April 29丨Zhejiang Electric Power (600023.SH) released its report for the first quarter of 2024, achieving operating income of 20.024 billion yuan, an increase of 13.45%; net profit attributable to shareholders of listed companies of 1,815 billion yuan, an increase of 79.62% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 1,758 billion yuan, an increase of 110.76% year on year; basic earnings per share of 0.14 yuan.
GF Securities: Stable coal prices start a new thermal power trilogy
Currently, thermal power is in a “moment of disagreement” from cycle to value. It is recommended to pay attention to the industry trend where coal prices are stabilizing, and pay more attention to the verification and pricing opportunities of thermal power utilities under increased ROE stability.
Zhejiang Electric Power (600023.SH)'s power generation in the first quarter rose 17.79% year on year
Zhejiang Electric Power (600023.SH) issued an announcement. According to company statistics, in the first quarter of 2024, the company was wholly owned...
Cinda Securities: After many rounds of intense power supply and demand conflicts, the sector is expected to usher in profit improvements and value revaluation
The Zhitong Finance App learned that Cinda Securities released a research report stating that under the tense situation of electricity supply and demand, the peak value of coal and electricity is prominent; with the continuous advancement of market-based electricity reforms, the electricity price trend is expected to rise steadily and slightly, the electricity spot market and auxiliary service market mechanisms are expected to continue to be promoted, and the capacity electricity pricing mechanism is officially introduced to clarify the cornerstone position of coal and electricity. The construction of new power systems under the dual carbon target may continue to rely on the abundance and investment of system regulation methods. Furthermore, as the Development and Reform Commission increases the electricity and coal commissioner's guarantee and supply efforts, the actual compliance rate of the Electricity and Coal General Cooperation is expected to rise marginally, judging that the cost side of coal power com
Zheneng Electric Power's Chief Financial Officer Resigns
Fei Huishi has resigned as chief financial officer of Zhejiang Zheneng Electric Power (SHA:600023) due to job changes, the company said in a filing on the Shanghai Stock Exchange on Saturday. Yu Guopi
Guojin Securities: How do you view current investment opportunities in the thermal power sector?
Guojin Securities released a research report stating that until a new type of adjustable power supply outperforms advanced coal machines in terms of safety, cleanliness, and economy, coal power can maintain a relatively stable ignition price difference.
Zhejiang Zheneng Electric Power Co., Ltd. (SHSE:600023) Shares Fly 27% But Investors Aren't Buying For Growth
Zhejiang Zheneng Electric Power Co., Ltd. (SHSE:600023) shares have continued their recent momentum with a 27% gain in the last month alone. The last 30 days bring the annual gain to a very sharp 8
Zhejiang Electric Power (600023.SH) Financial Director Fei Huishi Resigns as Chairman Yu Guoping
Zhitong Finance App News, Zhejiang Power (600023.SH) announced that the board of directors of the company recently received a written resignation report from the company's financial director Fei Huishi. Hui Fei resigned as financial director due to job changes. After his resignation, Fairworth did not hold any position with the company. In order to ensure the orderly development of the company's related work, Yu Guoping, the chairman of the company, acted as financial director before appointing a new financial director.
Galaxy Securities January-February Electricity Data Review: High Installed Growth of New Energy and Economic Recovery Driven by Increased Electricity Consumption
In January-February, the electricity consumption of the entire society was 153.6 billion kilowatt-hours, an increase of 11.0% over the previous year.
Dongwu Securities: The thermal power industry paid more attention to regional electricity supply and demand and dividend rates in '24. The three main investment lines are worth paying attention to
Dongwu Securities expects that 2023-2025 will be a year of continuous growth in the thermal power industry's performance. In this context, mainstream thermal power companies are expected to drastically increase their dividend rate levels, and the thermal power industry is expected to usher in high dividend allocation opportunities. It is recommended to focus on the three main investment lines of the industry
China Galaxy Securities: Digital economy accelerates electrification, leading power generation companies are expected to benefit
Along with the country's “dual carbon” energy transformation, green electricity and green computing power are developing collaboratively, and we are optimistic about the long-term growth space of new energy installations; the digital economy empowers spot electricity transactions to help power companies reduce losses and increase profits.
Zhejiang Zheneng Electric Power Co., Ltd.'s (SHSE:600023) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Zhejiang Zheneng Electric Power's (SHSE:600023) stock is up by a considerable 25% over the past three months. But the company's key financial indicators appear to be differing across the board and t
Galaxy Securities: A green and low-carbon economy is a new quality of productivity, and the power industry welcomes new opportunities for development
The Zhitong Finance App learned that Galaxy Securities released a research report stating that the “2024 State Council Government Work Report” proposed a 2.5% reduction in energy consumption per unit of GDP in 2024. “Strengthen the construction of ecological civilization and promote green and low-carbon development.” It is still one of the top ten key tasks of the government in 2024. The current government work report once again clarifies the goals of speeding up the construction of a new energy system and vigorously developing a green and low-carbon economy. Apart from the energy saving and low-carbon environmental protection industry, we continue to be optimistic about the electricity sector. Short-term recommendations for the thermal power sector with policy catalyst, continuous improvement in performance, and room for improvement in valuation; nuclear power and hydropower performance is highly deterministic
Research Report: GF Securities: First “buy” rating given to Zhejiang Energy Electric Power, which is expected to accelerate the utility process
According to the GF Securities Research Report, Zhejiang Energy Power (600023.SH) is the leading coastal thermal power plant, and high ROE is expected to increase dividends and net assets. Referring to peer valuation, the company is expected to accelerate the utilitariization process, and give it a 1.3 times PB valuation in 2024, corresponding to a reasonable value of 6.63 yuan/share, and for the first time, cover a “buy” rating. In 2023, the company's power generation capacity was 163.2 billion kilowatt-hours (+7.4% year-on-year). Currently, the company's thermal power profit has been drastically recovered (23Q3 weighted ROE reached 9.3%, compared to 9.2% in 2020). It is estimated that the net assets of thermal power in operation in 23Q3 have been repaired
Zhejiang Electric Power (600023): Coastal power leader with high ROE expectations for dividends and net asset growth
The largest power generation company in Zhejiang Province and the only thermal power listing platform under Zhejiang Energy Group. At the end of 2022, the company held 33.11 GW of installed capacity. Coal, electricity, gas and electricity installations accounted for 87% and 12% respectively. The company's power generation capacity and installed capacity reached Zhejiang Province's general regulation
Zhejiang Electric Power (600023.SH): Currently, there is no accumulation or reserve of corresponding nuclear energy technology
Gelonghui, Feb. 26: Zhejiang Electric Power (600023.SH) said on an interactive platform that the company currently has no corresponding accumulation and reserves of nuclear energy technology.
We Think Zhejiang Zheneng Electric Power (SHSE:600023) Is Taking Some Risk With Its Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' When we thi
GF Securities: The trilogy of auxiliary services to accelerate thermal power, thermal power's profit stability will gradually increase
The auxiliary service is an important puzzle for improving the new business model of thermal power, and the reshaping of the value system.
Tianfeng Securities: Q4 performance concerns may have come out clearly, and I am optimistic that thermal power operations will improve in 24 years
Tianfeng Securities released a research report saying that it is optimistic that thermal power business will improve in 24 years.
Zhejiang Electric Power (600023.SH): There are currently no plans to merge and acquire other listed companies across industries
Gelonghui, Feb. 8: Zhejiang Electric Power (600023.SH) said on an interactive platform that Zhejiang Electric Power focuses on the main energy and power business, and capital operations should also focus on serving the needs of the development of the main business. Currently, there are no plans to merge and acquire other listed companies across industries.
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