火电板块迎来“高光时刻” 11家相关上市公司上半年业绩向好

Group 1 - As of July 16, 12 listed companies in the thermal power sector have released performance forecasts for the first half of 2025, with 8 companies expecting year-on-year net profit growth and 3 companies anticipating a turnaround to profitability, primarily driven by lower thermal coal prices [1] - Guangdong Baoliwa New Energy Co., Ltd. expects a net profit of 520 million to 580 million yuan for the first half of the year, representing a year-on-year increase of 42.08% to 58.48%, attributed to increased electricity consumption and reduced operating costs due to falling coal prices [1] - Shanghai Electric Power Co., Ltd. forecasts a net profit of 1.754 billion to 2.087 billion yuan, with a year-on-year growth of 32.18% to 57.27%, driven by improved efficiency and reduced fuel and financing costs [1] Group 2 - Guangzhou Hengrun Enterprise Group Co., Ltd. anticipates a net profit of 178 million to 258 million yuan for the first half of 2025, reflecting a year-on-year increase of 94% to 181%, due to rising investment income and lower coal prices [2] - The Gansu Provincial Development and Reform Commission has proposed a new pricing mechanism for power generation capacity, setting an initial price of 330 yuan per kilowatt per year for coal power units and new energy storage, which is a significant increase from the previous 100 yuan [2] - The thermal power industry is transitioning towards high-efficiency and low-carbon technologies, exploring integration with energy storage to meet energy transition demands, enhancing the value of thermal power assets [3]