易普力 Explosive (002096 CH) | --- | --- | --- | --- | --- | |-------------------------------------------------------------|-------------------------|-----------|------------------------|------------------| | [Table_Info] 维持优于大市 | | | Maintain OUTPERFORM | | | 评级 | | | 优于大市 | OUTPERFORM | | 现价 | | | | Rmb12.60 | | 目标价 | | | | Rmb15.55 | | HTI ESG | | | | 3.0-5.0-4.0 | | E-S-G: 0-5, (Please refer to the Appendix for ESG comments) | | | | | | 市值 | | | Rmb15.63bn / US$2.16bn | | | 日交易额 (3 个月均值 ) | | | | US$17.28m ...

本次电话会议仅服务于长江证券研究所白名单客户未经长江证券事先书面许可任何机构或个人不得以任何形式对外公布、复制、刊载、转载、转发、引用本次会议相关内容否则由此造成的一切后果及法律责任由该机构或个人承担长江证券保留追究其法律责任的权利 各位投资者早上好各位投资者早上好欢迎参加由我们长城建筑举办的系列深度报告的汇报我是长城建筑的张石那么下面呢我们就来汇报一下我们最近新发了一篇深度报告易卜力的深度 一普利呢是这个明报行业龙头同时呢他也是我们经济市场关注度比较高的一个标题之所以有我们的建筑团队跨工团一起覆盖一方面是因为他在跨工端是在明报确实是跨工行业覆盖的一个传统的行业另外呢就是从这个建筑端来看的话他的母公司是油吧是中国能建所以我们这边也做了一个覆盖下面呢我们从几个方面来做一个汇报 首先呢第一部分呢大概介绍一下一普利的基本情况第二部分呢讲一下可能一些重点的项目尤其是市场关注的一些项目对这个行业的需求带来一种弹性第三个呢讲一下这个行业未来的这个集中的提升以及一体化大趋势下公司进一步的把自己的实战率提升的一个逻辑那么首先呢进入到第一部分对公司的整个基本情况做一个介绍 一普利呢是在葛洲霸公司旗下的就成立于2001年就这家公 ...

本次电话会议仅服务于长江证券研究所白名单客户未经长江证券事先书面许可任何机构或个人不得以任何形式对外公布复制刊载转载转发引用本次会议相关内容否则由此造成的一切后果及法律责任由该机构或个人承担长江证券保留追究其法律责任的权利 各位投资者早上好各位投资者早上好欢迎参加由我们长城建筑举办的系列深度报告的汇报我是长城建筑的张石那么下面我们就来汇报一下我们最近新发的一篇深度报告易卜力的深度 一普利呢是这个明报行业龙头同时呢他也是我们最近市场关注度比较高的一个标题了之所以由我们的建筑团队和化工团队一起覆盖一方面是因为他在化工端是在明报确实是化工行业覆盖的一个传统的行业另外呢就是从这个建筑端来看的话他的母公司是油吧是中国能建所以呢我们这边也做了一个覆盖下面呢我们从几个方面来做一个汇报 首先呢第一部分的大概介绍一下一普利的基本情况第二部分呢讲一下可能一些重点的项目尤其市场关注的一些项目对这个行业的需求带来弹性第三个呢讲一下这个行业未来的集中提升以及一体化大趋势下公司进一步的把自己的实战率提升的一个逻辑那么首先呢进入到第一部分对公司的整个基本情况做一个介绍 一普利是在葛洲霸公司旗下的成立于2001年就这家公司啊他从这个成立之初 ...

公司研究丨深度报告丨易普力（002096.SZ） [Table_Title] 民爆一体化业务龙头，市占率有望持续提升 丨证券研究报告丨 | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------| | | | | 报告要点 | | | [Table_Summary] 公司成立于 2001 年，控股股东为中国葛洲坝集团股份有限公司。 2006 年公司（南岭民爆）初 | | | 次上市， 2023 年南岭民爆与易普力重组上市。公司拥有营业性爆破作业单位、矿山工程施工总 承包"双一级"资质，建立了集民爆科研、生产、销售、爆破服务及绿 ...

Investment Rating - The report maintains a "Buy" rating for the company with a market price of 12.95 CNY [1]. Core Views - The company is experiencing strong industry demand and has a solid order backlog, which supports its growth trajectory [4]. - The company reported a significant increase in revenue and net profit for 2023, with total revenue reaching 8.43 billion CNY, up 52.90% year-on-year, and net profit of 634 million CNY, a slight decrease of 0.24% year-on-year [4]. - The report anticipates continued growth in revenue and net profit for the years 2024 to 2026, with projected net profits of 768 million CNY, 903 million CNY, and 1.08 billion CNY respectively [4]. Summary by Sections Financial Performance - In 2023, the company achieved a revenue of 8,428 million CNY, with a year-on-year growth rate of 266% [1]. - The net profit for 2023 was 634 million CNY, reflecting a year-on-year growth of 1229% [1]. - The company’s earnings per share (EPS) are projected to increase from 0.13 CNY in 2024 to 0.87 CNY by 2026 [1]. Market Position and Industry Outlook - The company is positioned as a leader in the civil explosives industry, benefiting from a favorable market environment and strong demand from downstream sectors [4]. - The report highlights that the mining industry is experiencing robust capital expenditure growth, which is expected to drive demand for the company's products [4]. - The company has successfully completed a restructuring process, enhancing its operational efficiency and market share [4]. Order and Production Capacity - The company reported a total of 319.01 billion CNY in new orders for 2023, a year-on-year increase of 204.98% [4]. - The production capacity for industrial explosives is currently at 521,500 tons, with a utilization rate of 89.97% [4]. - The company is expanding its production capacity in various regions, which is expected to alleviate bottlenecks and support order fulfillment [4].

上 市 公 司 证 券 研 究 报 告 基础化工 2024 年 04 月 28 日 易普力 (002096) ——Q1 收入与利润均维持增长，在手订单仍充足 公 司 研 究 / 公 司 点 评 | --- | --- | --- | |----------------------|------------------|-------------------------------| | 市场数据： | | 2024 年 04 月 26 日 | | 收盘价（元） | | 12.09 | | 一年内最高 / | 最低（元） | 12.74/8.59 | | 市净率 | | 2.1 | | 息率（分红/ 股价） | | - | | 流通 A | 股市值（百万元） | 5905 | | 上证指数/深证成指 | | 3088.64/9463.91 | | | | | | --- | --- | |------------|-------------------------------| | | | | 基础数据 : | 2024 年 03 月 31 日 | 一年内股价与大盘对比走势： 05-0406-0407-0408 ...

第七届董事会第十一次会议决议公告 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。 证券代码:002096 证券简称:易普力 公告编号：2024-022 易普力股份有限公司 易普力股份有限公司（以下简称"公司"）第七届董事会第十一次会议于 2024 年 4 月 26 日在湖南省长沙市岳麓区谷苑路 389 号公司 514 会议室以现场与 视频相结合的方式召开。本次会议通知已于 2024 年 4 月 16 日以书面及电子邮件 的方式送达各位董事，会议应到董事 9 名，实到董事 9 名。会议由公司董事长付 军先生主持，公司全体监事和部分高级管理人员列席会议。本次会议的召开符合 《公司法》和《公司章程》的规定。经与会董事审议，会议采取记名投票的方式， 形成如下决议： 一、会议以 9 票赞成，0 票反对，0 票弃权的表决结果，审议通过《关于公 司 2024 年第一季度报告的议案》 该议案已经公司董事会审计委员会审议通过。公司 2024 年第一季度报告详 细内容详见同日《证券时报》《中国证券报》《上海证券报》《证券日报》及公 司指定信息披露网站 www.cninfo.com ...

Financial Performance - The company's operating revenue for Q1 2024 was ¥1,775,834,657.02, representing a 4.46% increase compared to ¥1,699,946,106.67 in the same period last year[4] - Net profit attributable to shareholders for Q1 2024 was ¥134,781,668.64, up 4.20% from ¥129,347,968.89 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥130,918,069.92, reflecting a 4.33% increase from ¥125,487,469.46 in the previous year[4] - The basic earnings per share decreased by 26.40% to ¥0.1087 from ¥0.1477 in the same period last year[4] - The weighted average return on equity fell to 1.91%, down 1.49% from 3.40% year-on-year[4] - The company reported a net decrease in cash and cash equivalents of ¥295,638,910.80 for the period, compared to an increase of ¥177,264,063.45 in the prior period[35] - The net profit for the period was ¥141,480,909.97, compared to ¥134,960,326.24 in the previous period, reflecting an increase of about 4%[50] - The company's operating profit was ¥171,675,125.27, up from ¥164,319,675.32, marking an increase of about 4%[50] - Total comprehensive income amounted to 145,796,872.76, an increase from 138,440,136.69 in the previous period[52] - Net income attributable to the parent company was 139,097,631.43, up from 132,827,779.34[52] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥10,425,571,890.03, a slight decrease of 0.46% from ¥10,473,461,654.87 at the end of the previous year[4] - The total liabilities decreased to ¥2,982,446,702.44 from ¥3,190,610,742.48, reflecting a reduction of approximately 6.5%[27] - The total liabilities decreased to ¥2,192,083,532.53 from ¥2,398,280,212.52, showing a reduction of approximately 9%[46] - The total equity attributable to shareholders increased to ¥7,128,448,583.83, up from ¥6,978,334,640.15, representing a growth of 2.2%[27] - Shareholders' equity attributable to the parent company increased by 2.15% to ¥7,128,448,583.83 from ¥6,978,334,640.15 year-on-year[4] Cash Flow - The net cash flow from operating activities improved by 8.42%, reaching -¥248,477,291.91 compared to -¥271,335,607.11 in the same period last year[4] - Net cash flow from operating activities was ¥958,028,039.21, down from ¥1,002,602,851.74 in the previous period[33] - Cash inflow from operating activities totaled 1,058,440,027.16, down from 1,124,879,066.68[58] - Cash outflow from operating activities was 1,306,917,319.07, compared to 1,396,214,673.79 in the previous period[58] - Cash flow from investment activities showed a net outflow of -41,144,303.67, contrasting with a significant inflow of 425,290,182.53 previously[58] - The company received tax refunds amounting to 743,209.59, a decrease from 15,399,757.86[58] - Cash received from other operating activities was 99,668,778.36, down from 106,876,457.08[58] - The company reported a decrease in cash paid to employees, totaling 313,850,162.81 compared to 335,502,231.33 previously[58] Expenses - Total operating costs amounted to ¥1,618,858,975.43, up 4.7% from ¥1,545,729,726.77 in the prior period[29] - Research and development expenses increased to ¥36,011,448.46, a rise of 28% from ¥28,166,717.40 year-over-year[29] - The company reported a significant increase in credit impairment losses, which rose by 640.77% to ¥4,757,525.61 due to the recovery of previously written-off receivables[24] - The company’s financial expenses decreased significantly to ¥439,045.26 from ¥9,354,719.31, indicating improved cost management[29] Shareholder Information - The number of shares held by the largest shareholder, China Gezhouba Group Co., Ltd., is 538,032,152, representing a 43.37% stake[42] - The company has a total of 154,545,912 shares held by Hunan Nanling Chemical Group Co., Ltd., accounting for 12.46% of the total shares[42] Deferred Tax and Investment - The company reported a deferred tax asset of ¥56,984,852.30, an increase from ¥49,962,411.02[46] - The company recorded investment income of ¥4,560,730.65, an increase from ¥3,942,296.21 in the previous period[29]

证券代号：002096 股票简称：易普力 公告编号：2024-020 易普力股份有限公司 2023 年度股东大会决议公告 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。 特别提示: 1.本次股东大会无否决提案的情形； 2.本次股东大会不涉及变更前次股东大会决议。 一、会议召开情况 （一）会议通知：召开本次会议的通知于2024年3月29日刊登在《证券时报》 《中国证券报》《上海证券报》《证券日报》和巨潮资讯网www.cninfo.com.cn 上。2024年4月8日，公司在《证券时报》《中国证券报》《上海证券报》《证券 日报》和巨潮资讯网www.cninfo.com.cn上披露了《关于2023年度股东大会增加 临时提案暨股东大会补充通知的公告》。 （二）会议时间： 1.现场会议召开时间：2024 年 4 月 19 日（星期五）下午 15:00。 2.网络投票时间：2024 年 4 月 19 日。 则》《深圳证券交易所股票上市规则》及《公司章程》等法律、法规及规范性文 件的规定。 二、会议的出席情况 通过深圳证券交易所交易系统进行网络投票的时间为 2024 年 4 ...