煤电联营稳步推进，转型成长空间广阔

| --- | --- | --- | --- | --- | --- | |--------------------|--------|-------|-------|------------------------------------|-------| | 重要财务指标 | 2022A | 2023A | 2024E | 2025E | 2026E | | 营业总收入 | | | | 12,003 12,845 13,007 13,854 16,922 | | | 同比 (%) | -3.9% | 7.0% | 1.3% | 6.5% | 22.1% | | 归属母公司净利润 | | | | 2,077 2,109 2,336 2,547 2,902 | | | 同比 (%) | -22.0% | 1.6% | 10.8% | 9.0% | 13.9% | | 毛利率 (%) | 42.4% | 39.7% | 43.2% | 44.7% | 43.4% | | ROE(%) | 18.1% | 15.6% | 14.7% | 14.0% | 14.0% | | EPS （摊薄）（元） | | | | ...