证券代码：000883 证券简称：湖北能源 公告编号：2025-058 公司本年累计完成发电量298.16亿千瓦时，同比减少0.06%。其 中水电发电量同比减少29.69%，火电发电量同比增加6.52%，新能源发 电量同比增加42.54%。 湖北能源集团股份有限公司 关于 2025 年 8 月发电情况的自愿性信息披露公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 为便于投资者及时了解公司生产情况，现将湖北能源集团股份有 限公司（以下简称公司）2025年8月发电量情况公告如下： 2025年8月，公司完成发电量50.20亿千瓦时，同比增加22.05%。 其中水电发电量同比增加140.49%，火电发电量同比减少4.29%，新能 源发电量同比增加13.74%。 公司2025年8月发电情况表 单位：亿千瓦时 | 项目 | 本月发电量 | 同比变动 | 本年累计发电量 | 同比变动 | | --- | --- | --- | --- | --- | | 水电 | 15.80 | 140.49% | 67.80 | -29.69% | | 火电 | 26.11 | - ...

Macro Insights - The recent appreciation of the Renminbi against the US dollar and a basket of currencies has been notable, with a 0.4% increase observed on August 28-29 [2] - The manufacturing PMI for August showed a slight recovery to 49.4% from 49.3% in July, indicating marginal improvement in manufacturing activity [3] - The non-manufacturing business activity index rose to 50.3% from 50.1% in July, suggesting a stable outlook for the service sector [3] Investment Strategy - The technology sector is experiencing increased investor interest, with TMT transaction volume exceeding 40% of total market activity, indicating a shift towards fundamental-driven market behavior [5] - The report suggests focusing on sectors benefiting from Renminbi appreciation, such as consumption, non-bank financials, and electric new energy, which are currently at relatively low valuations [5] - The report emphasizes the importance of maintaining flexibility in investment strategies, particularly in the context of market volatility and sector rotation [8] Company Performance - Alibaba's Q1 FY26 revenue reached 247.7 billion yuan, a year-on-year increase of 1.8%, with adjusted EBITA declining by 13.7% [14] - Huichuan Technology reported a 26.73% increase in revenue for H1 2025, reaching 20.509 billion yuan, with a net profit of 2.968 billion yuan, up 40.15% [18] - Zhonggu Logistics experienced a 41.6% increase in net profit for H1 2025, despite a 7.0% decline in revenue, attributed to high demand in the foreign trade container leasing market [19] Sector Analysis - The beverage sector showed strong sales performance, with revenue growth of 22.8% in Q2 2025, while the snack food sector faced challenges with a 0.3% decline [12] - The insurance sector is seeing a shift towards high-yield stocks, with the average allocation to FVOCI stocks increasing by 1.3 percentage points to 4.2% [10] - The real estate sector is under pressure, with China Overseas Development reporting a 4% decline in revenue for H1 2025, but maintaining a strong project pipeline for future growth [22]

Core Insights - Hubei Energy reported a decline in total revenue and net profit for the first half of 2025, with total revenue at 8.493 billion yuan, down 13.52% year-on-year, and net profit at 956 million yuan, down 32.91% [1] - The company's gross margin decreased to 23.76%, a drop of 18.3% year-on-year, while the net margin fell to 12.68%, down 24.48% year-on-year [1] - The company has significant accounts receivable, with accounts receivable accounting for 278.47% of the latest annual net profit [1] Financial Performance - In Q2 2025, total revenue was 4.31 billion yuan, a decrease of 6.61% year-on-year, and net profit was 600 million yuan, down 7.08% year-on-year [1] - The total of selling, administrative, and financial expenses reached 819 million yuan, accounting for 9.64% of revenue, an increase of 19.25% year-on-year [1] - Earnings per share decreased to 0.15 yuan, down 31.82% year-on-year, while operating cash flow per share was 0.42 yuan, a decrease of 27.96% year-on-year [1] Business Evaluation - The company's return on invested capital (ROIC) was 3.84%, indicating weak capital returns, with a historical median ROIC of 5.43% over the past decade [2] - The net profit margin for the previous year was 11.08%, suggesting average value addition from products or services [2] - The company relies heavily on capital expenditures, necessitating careful evaluation of capital projects and their financial viability [2] Cash Flow and Debt Situation - The cash flow situation is concerning, with cash and cash equivalents to current liabilities ratio at only 19.16% [2] - The interest-bearing debt ratio has reached 46.12%, indicating a significant level of debt [2] - Accounts receivable to profit ratio stands at 278.47%, highlighting potential liquidity issues [2] Fund Holdings - The largest fund holding Hubei Energy is the Jiashi Zhi'an 3-Month Regular Bond Fund, which holds 5 million shares and has recently entered the top ten holdings [3] - The fund's current scale is 6.908 billion yuan, with a recent net value increase of 0.05% [3] Strategic Initiatives - The company is enhancing collaboration with meteorological departments to improve water resource management and efficiency in hydropower utilization [3] - It is also focusing on better coal procurement strategies to mitigate the impact of coal price fluctuations [3] - The company plans to maintain its investment decision-making processes for renewable energy projects without immediate adjustments, despite increasing competition [4]

Core Viewpoint - Hubei Energy (000883) has shown a positive trend in financing activities, with a net financing increase of 308.73 million yuan on August 28, 2025, and a total net buy of 937.2 million yuan over the last three trading days [1][4]. Financing Activities - On August 28, 2025, Hubei Energy had a financing buy of 31.79 million yuan and a financing repayment of 28.70 million yuan, resulting in a net financing increase of 308.73 million yuan [1]. - The financing balance reached 360 million yuan, with a net financing increase observed on 13 out of the last 20 trading days [1][4]. - The financing balance has shown a consistent upward trend, increasing by 0.85% on August 28, 2025, compared to the previous day [4]. Margin Trading - On the same day, Hubei Energy experienced a short selling of 2,900 shares and a repayment of 9,900 shares, leading to a net short selling of 7,000 shares, with a remaining short balance of 1.2284 million shares [2][3]. - The margin trading balance was reported at 36.6 million yuan, reflecting a daily increase of 306.73 million yuan [4]. Market Participation - The current financing and margin trading activities indicate a growing interest from individual investors, who must meet specific criteria to participate in such activities [5].

2025年8月29日，湖北能源(000883.SZ)发布2025年中报。 公司最新毛利率为23.76%，在已披露的同业公司中排名第45，较上季度毛利率增加4.32个百分点，较去年同期毛利率减少5.32个百分点。最新ROE为 2.81%，在已披露的同业公司中排名第56，较去年同期ROE减少1.47个百分点。 公司摊薄每股收益为0.15元，在已披露的同业公司中排名第48，较去年同报告期摊薄每股收益减少0.07元，同比较去年同期下降31.82%。 公司最新总资产周转率为0.09次，在已披露的同业公司中排名第55，较去年同期总资产周转率减少0.02次，同比较去年同期下降18.74%。最新存货周转率为 6.71次，在已披露的同业公司中排名第54，较去年同期存货周转率减少2.16次，同比较去年同期下降24.36%。 公司营业总收入为84.93亿元，在已披露的同业公司中排名第22，较去年同报告期营业总收入减少13.28亿元，同比较去年同期下降13.52%。归母净利润为 9.56亿元，在已披露的同业公司中排名第22，较去年同报告期归母净利润减少4.69亿元，同比较去年同期下降32.91%。经营活动现金净流入为27.13亿元， ...

证券日报网讯8月28日晚间，湖北能源（000883）发布公告称，董事会同意聘任谢俊先生、张志猛先生 为公司副总经理。 ...

证券日报网讯8月28日晚间，湖北能源（000883）发布公告称，公司近日收到职工代表监事张志猛先生 的书面辞职报告。由于内部工作调整，张志猛先生申请辞去公司第十届监事会职工代表监事职务，辞职 后仍在公司任职。 ...

格隆汇8月28日丨湖北能源(000883.SZ)公布2025年半年度报告，上半年公司实现营业收入84.93亿元，同 比下降13.52%；归属于上市公司股东的净利润9.56亿元，同比下降32.91%；归属于上市公司股东的扣除 非经常性损益的净利润8.74亿元，同比下降37.52%；基本每股收益0.15元。 ...

Group 1 - Hubei Energy announced the convening of its 10th Board of Directors meeting on August 28, 2025, to review the risk assessment report related to its financial transactions with China Three Gorges Financial Company [1] - For the fiscal year 2024, Hubei Energy's revenue composition is as follows: thermal power generation accounts for 52.59%, hydropower generation for 22.86%, photovoltaic power generation for 8.54%, natural gas sales for 7.12%, and wind power generation for 4.97% [1] - As of the report date, Hubei Energy's market capitalization stands at 29.9 billion yuan [1]

证券代码：000883 证券简称：湖北能源 公告编号：2025-055 湖北能源集团股份有限公司 关于职工代表监事辞职的公告 本公司及监事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 湖北能源集团股份有限公司（以下简称公司）近日收到职工代表 监事张志猛先生的书面辞职报告。由于内部工作调整，张志猛先生申 请辞去公司第十届监事会职工代表监事职务，辞职后仍在公司任职。 张志猛先生在任期内辞职将使公司职工代表监事人数少于监事 会总人数的三分之一，根据《公司法》的相关规定，张志猛先生将继 续履职至公司依据中国证监会《关于新<公司法>配套制度规则实施相 关过渡期安排》的有关要求，修订完成《公司章程》，由董事会审计 与风险管理委员会行使监事会的职权为止。 张志猛先生的辞职不会影响公司及监事会的正常运作，公司将按 照相关规定尽快完成《公司章程》修订工作。张志猛先生未持有公司 股份，后续股票交易也将继续遵守中国证监会及深圳证券交易所相关 规定。 公司及监事会对张志猛先生在担任职工代表监事期间的勤勉尽 责和为公司规范运作及发展所做的贡献表示衷心的感谢。 特此公告。 湖北能源集团股份有限公司 ...