Workflow
Linyang Energy(601222)
icon
Search documents
林洋能源(601222.SH)预中标约2.44亿元南方电网项目
智通财经网· 2025-09-02 09:02
智通财经APP讯,林洋能源(601222.SH)发布公告,中国南方电网有限责任公司于2025年9月1日在中国 南方电网供应链统一服务平台公告了"南方电网公司2025年计量设备第一批框架招标项目中标公示",公 司为本次评标委员会推荐的中标候选人,根据预中标报价测算,预计公司此次合计中标金额约2.44亿 元。本次中标预计对公司2025年及2026年经营业绩有积极影响,其合同的履行不影响公司经营的独立 性。 ...
林洋能源构建全球化发展战略上半年营收达24.81亿元 其中海外增速亮眼
Core Viewpoint - LinYong Energy reported significant growth in both revenue and net profit for the first half of 2025, with a strategic focus on expanding its overseas market presence and enhancing its core business areas of intelligence, energy storage, and renewable energy [1] Group 1: Financial Performance - In the first half of 2025, LinYong Energy achieved revenue of 2.481 billion yuan and a net profit of 324 million yuan, with the second quarter showing a revenue of 1.357 billion yuan, a quarter-on-quarter increase of 20.73%, and a net profit of 200 million yuan, a quarter-on-quarter increase of 61.29% [1] - The company's overseas revenue reached 693 million yuan in the first half of 2025, marking a substantial year-on-year growth of 61.73% [1] Group 2: Smart Sector - The smart sector maintained steady domestic growth while significantly enhancing its overseas localization efforts, with overseas sales revenue increasing by nearly 50% year-on-year [3] - The company secured contracts worth approximately 165 million yuan in the 2025 State Grid electric meter procurement and 35 million yuan in the 2025 Mengxi power grid equipment procurement [2] Group 3: Renewable Energy Sector - LinYong Energy focused on developing renewable energy projects domestically while gradually expanding into overseas markets, holding over 1.3 GW of various renewable energy projects and more than 1,225 MW under construction by the end of the reporting period [4] - The company rebranded its operation and maintenance business to "LinYong Zhiwei," enhancing service offerings to include intelligent operation and maintenance across wind, solar, and storage stations [5] Group 4: Energy Storage Business - The energy storage business made significant strides in international markets, with new contracts exceeding 50 million yuan and a total bid amount of over 229 million yuan [7] - By the end of June 2025, LinYong's energy storage systems had delivered and connected over 5 GWh, with a project reserve scale of 10 GWh [8]
林洋能源(601222):三大业务稳健发展,全球化布局持续完善
Guotou Securities· 2025-08-28 12:54
Investment Rating - The report assigns a "Buy-A" investment rating to the company with a target price of 7.46 CNY for the next six months [5][10][18]. Core Insights - The company reported a total revenue of 2.481 billion CNY for H1 2025, a year-on-year decrease of 28.35%, and a net profit of 324 million CNY, down 45.88% year-on-year. However, overseas revenue increased significantly by 61.73% to 693 million CNY [1]. - The smart meter segment achieved revenue of 1.427 billion CNY in H1 2025, reflecting a growth of 24.15% year-on-year, with substantial domestic and international market wins [2]. - The company is expanding its operations in the renewable energy sector, particularly in smart operation and maintenance services, with a signed operational capacity exceeding 20 GW and a 40% year-on-year growth in operational capacity [3]. - The energy storage segment has delivered over 5 GWh and has a project reserve of 10 GWh, with significant progress in both domestic and international markets [9]. Financial Projections - Revenue projections for 2025, 2026, and 2027 are 7.345 billion CNY, 8.115 billion CNY, and 8.971 billion CNY, respectively, with growth rates of 8.94%, 10.48%, and 10.55% [10][13][18]. - Net profit estimates for the same years are 768 million CNY, 861 million CNY, and 959 million CNY, with growth rates of 2.1%, 12.1%, and 11.3% [10][13][18]. - The gross margin is expected to improve from 28.19% in 2025 to 30.02% in 2027 [15]. Business Segments - The smart energy meter and system products are projected to generate revenues of 3.245 billion CNY, 3.894 billion CNY, and 4.478 billion CNY from 2025 to 2027, with a gross margin of around 35% [13][14]. - The energy storage and energy-saving business is expected to achieve revenues of 1.057 billion CNY, 1.216 billion CNY, and 1.337 billion CNY, maintaining a gross margin of 17% [14]. - The photovoltaic power generation segment is projected to generate revenues of 925 million CNY, 972 million CNY, and 1.020 billion CNY, with a gross margin of approximately 62% [14].
林洋能源(601222):电表稳步增长,海外开拓加速
SINOLINK SECURITIES· 2025-08-28 08:22
Investment Rating - The report maintains a "Buy" rating for the company, with expected net profits for 2025-2027 projected at 7.8 billion, 9.0 billion, and 10.8 billion respectively, corresponding to PE ratios of 16, 14, and 12 [4]. Core Insights - The company reported a revenue of 2.48 billion yuan for the first half of 2025, a year-on-year decline of 28.4%, and a net profit attributable to shareholders of 320 million yuan, down 45.9% year-on-year [2]. - The electric meter business showed steady growth with a revenue of 1.43 billion yuan, up 24.2% year-on-year, although the gross margin decreased by 4.00 percentage points to 34.9% [3]. - The sales of power stations experienced a significant decline, with revenue dropping 91.3% to 83 million yuan, primarily due to the slowdown in project transfers following the implementation of policy "136" [4]. - The company is accelerating its storage planning and development, with a total planned capacity exceeding 3.7 GWh, and has made significant progress in overseas markets, achieving contract amounts exceeding 500 million yuan [4]. Summary by Sections Performance Review - In Q2, the company achieved a revenue of 1.36 billion yuan, a year-on-year decline of 28.9%, but a quarter-on-quarter increase of 20.8% [2]. - The net profit for Q2 was 200 million yuan, down 47.4% year-on-year, but up 62.1% quarter-on-quarter [2]. Operational Analysis - The electric meter segment's overseas sales increased significantly, with a nearly 50% year-on-year growth, driven by partnerships with leading global companies [3]. - The company is expanding its market share in Western Europe and the Asia-Pacific region, with a focus on emerging markets like Romania [3]. Sales and Project Development - The company has over 1,225 MW of projects under construction and has initiated projects exceeding 495 MW, with a grid-connected capacity of over 200 MW [4]. - The company expects a gradual recovery in power station transfer business in the second half of the year as policy details are implemented [4]. Profit Forecast and Valuation - The projected net profits for the company are expected to grow from 7.8 billion in 2025 to 10.8 billion in 2027, with corresponding PE ratios decreasing over the years [4].
山东新能源市场现“虹吸”效应,这家江苏企业携手华旺青岛能源“加仓”山东
Da Zhong Ri Bao· 2025-08-28 05:23
山东新能源市场正虹吸能源巨头进入,林洋能源(601222.SH)也在拓展山东地区的业务。 8月27日晚间,林洋能源发布的2025年半年报显示,其电力交易业务、新能源制氢核心装备业务已落地山东。 林洋能源的主营业务是智能电网、新能源、储能三个板块业务。报告期内,该公司实现营业收入24.81亿元,同比下降28.35%;归属于上市公司股东的净 利润3.24亿元,同比下降45.88%;扣非后归属于上市公司股东的净利润 3.18亿元,同比下降43.85%。 在国家推动全国统一电力交易市场与碳排放权交易体系建设的背景下,林洋能源控股子公司林洋智维以自持平价电站为基础,深入探索绿色能源消费市场 及新能源项目的环境价值。截至2025 年上半年,其交易业务板块自持发电场站15 座,总装机容量超 1GW,覆盖风电、光伏及储能电站类型。目前,该公 司电力交易业务已拓展至江苏、山东、安徽、湖南、蒙西等省份。 在近日举行的第十一届国际发明博览会暨第五届中国隐形独角兽500强大会(2025)上,华旺青岛能源董事长刘博围绕氢能产业发展路径与企业实践发表 主题演讲时表示,作为青岛市氢能产业园全资国资平台,华旺青岛能源依托产业园政策与资源优势 ...
林洋能源股价下跌2.25% 上半年境外收入增长61.73%
Jin Rong Jie· 2025-08-27 16:44
Core Viewpoint - Linyang Energy's stock price has experienced a decline, reflecting market fluctuations, while the company shows strong growth in its overseas revenue and operational capacity in the renewable energy sector [1]. Financial Performance - As of August 27, 2025, Linyang Energy's stock price is reported at 6.08 yuan, down by 0.14 yuan from the previous trading day [1]. - The company achieved a revenue of 2.481 billion yuan in the first half of 2025, with overseas revenue reaching 693 million yuan, marking a year-on-year growth of 61.73% [1]. Operational Highlights - Linyang Energy's total operational capacity for its renewable energy power stations has surpassed 20 GW [1]. - The cumulative delivery and grid connection scale of the company's energy storage systems has exceeded 5 GWh [1].
林洋能源: 江苏林洋能源股份有限公司第六届董事会第二次会议决议公告
Zheng Quan Zhi Xing· 2025-08-27 16:41
证券代码:601222 证券简称:林洋能源 公告编号:临 2025-48 江苏林洋能源股份有限公司 第六届董事会第二次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏,并对其内容的真实性、准确性和完整性承担法律责任。 江苏林洋能源股份有限公司于 2025 年 8 月 27 日在江苏省启东市林洋路 666 号公司会议室,以现场结合通讯表决方式召开第六届董事会第二次会议。本次会 议通知于 2025 年 8 月 19 日以电话、电子邮件等方式送达全体董事,全体董事一 致同意豁免本次会议通知时间要求。本次会议应参加董事 7 人,实际参加 7 人, 公司高级管理人员列席会议,会议由董事长尹彪先生召集和主持,会议的通知和 召开符合《公司法》、 《公司章程》及《董事会议事规则》的有关规定。经与会董 事认真审议并表决,通过了以下决议: 一、审议并通过了《公司 2025 年半年度报告及其摘要》 本报告已经董事会审计委员会审议通过,并同意提交公司董事会审议。 具 体 内 容 详 见 公 司 于 2025 年 8 月 28 日 在 上 海 证 券 交 易 所 网 站 (www.sse. ...
林洋能源: 江苏林洋能源股份有限公司2025年半年度报告
Zheng Quan Zhi Xing· 2025-08-27 16:30
Core Viewpoint - Jiangsu Linyang Energy Co., Ltd. reported a significant decline in financial performance for the first half of 2025, with total revenue decreasing by 28.35% year-on-year, primarily due to reduced income from energy storage and power station sales [3][4]. Financial Performance - Total revenue for the first half of 2025 was approximately CNY 2.48 billion, down from CNY 3.46 billion in the same period last year, representing a decrease of 28.35% [3]. - Total profit for the period was CNY 378.73 million, a decline of 47.57% compared to CNY 722.36 million in the previous year [3]. - Net profit attributable to shareholders was CNY 323.97 million, down 45.88% from CNY 598.60 million year-on-year [3]. - The net cash flow from operating activities was negative CNY 612.59 million, a significant drop from a positive CNY 464.71 million in the previous year [3]. Business Segments Smart Grid - The smart grid segment includes products such as smart meters, electricity information collection terminals, and advanced metering infrastructure (AMI) solutions, positioning the company as a leading provider in this field [4][6]. - The company aims to expand its domestic market while also targeting international markets through various strategies, including participation in tenders from state-owned and local power companies [4]. New Energy - The new energy segment focuses on the development, design, construction, investment, and operation of various renewable energy power stations, including solar and wind projects [6][7]. - As of mid-2025, the company owned over 1.3 GW of various renewable energy power stations and is actively pursuing international expansion, including a significant project in Italy [7]. Energy Storage - The energy storage segment provides customized solutions for independent storage stations and commercial user-side storage applications, aiming to become a leading provider in the industry [9][10]. - The company has developed a comprehensive energy storage system that integrates battery management, power conversion, and energy management systems [9][11]. Market Trends - The global smart meter market is expected to grow steadily, with shipments projected to increase from 162 million units in 2024 to 236 million units by 2029, reflecting a compound annual growth rate (CAGR) of 7.8% [15]. - In China, the demand for smart meters is anticipated to remain high due to ongoing upgrades and replacements driven by state grid investments [13][14]. - The renewable energy sector is experiencing a resurgence, with significant investments expected in solar energy projects, particularly in response to favorable government policies [21].
林洋能源: 江苏林洋能源股份有限公司2025年半年度报告摘要
Zheng Quan Zhi Xing· 2025-08-27 16:30
Core Viewpoint - Jiangsu Linyang Energy Co., Ltd. reported a significant decline in financial performance for the first half of 2025, with notable decreases in revenue and profit metrics compared to the previous year [1]. Financial Performance Summary - Total assets at the end of the reporting period amounted to approximately CNY 24.73 billion, reflecting a slight increase of 0.18% from the previous year [1]. - Operating revenue for the period was approximately CNY 2.48 billion, representing a decrease of 28.35% compared to CNY 3.46 billion in the same period last year [1]. - Total profit for the period was approximately CNY 378.73 million, down 47.57% from CNY 722.36 million year-on-year [1]. - Net profit attributable to shareholders was approximately CNY 317.70 million, a decline of 43.85% from CNY 565.76 million in the previous year [1]. - Cash flow from operating activities showed a negative figure of approximately CNY -612.59 million, contrasting with a positive cash flow of CNY 464.71 million in the same period last year, marking a decline of 231.82% [1]. - Basic and diluted earnings per share were both CNY 0.16, down 44.83% from CNY 0.29 in the previous year [1]. Shareholder Information - As of the end of the reporting period, the total number of shareholders was 78,909 [1]. - The largest shareholder, Qidong Huahong Electronics Co., Ltd., holds 35.10% of the shares, amounting to approximately 723.13 million shares [2]. - Other notable shareholders include individual shareholders with varying percentages, such as Lu Yonghua with 3.88% and Liang Runquan with 1.77% [2].
林洋能源(601222.SH)上半年净利润3.24亿元,同比下降45.88%
Ge Long Hui A P P· 2025-08-27 14:47
格隆汇8月27日丨林洋能源(601222.SH)披露半年报,公司上半年实现营业收入24.81亿元,同比下降 28.35%;归属于上市公司股东的净利润3.24亿元,同比下降45.88%;基本每股收益0.16元。 ...