CGN POWER(003816) 新浪财经· Xin Lang Cai Jing·2025-04-03 00:41Core Viewpoint - The company reported a revenue of 86.804 billion yuan for 2024, reflecting a year-on-year increase of 5.16%, while the net profit attributable to shareholders was 10.814 billion yuan, up by 0.83% [1] Group 1: Financial Performance - In Q4 2024, the company achieved a revenue of 24.534 billion yuan, representing a year-on-year growth of 8.05%, but the net profit attributable to shareholders decreased by 18.98% to 0.830 billion yuan [1] - The company's operating costs for electricity sales in 2024 were 37.186 billion yuan, an increase of 9.85%, which outpaced the revenue growth of the electricity sales business [2] Group 2: Operational Capacity - As of the end of 2024, the company managed 28 operational nuclear power units with a total capacity of 31,798 megawatts, marking a year-on-year increase of 4.02% [2] - The company’s subsidiaries and joint ventures achieved a total electricity generation of 227.284 billion kilowatt-hours in 2024, up by 6.13% year-on-year [2] Group 3: Future Growth Prospects - The company has 16 nuclear power units under construction, an increase of 5 units from the previous year, ensuring long-term capacity growth [3] - The company forecasts net profits attributable to shareholders of 10.914 billion, 11.633 billion, and 12.817 billion yuan for 2025, 2026, and 2027 respectively, with corresponding PE ratios of 17.17, 16.11, and 14.62 [3]