Core Insights - The company reported a revenue of 86.804 billion yuan for 2024, representing a year-on-year increase of 5.16% [1] - The net profit attributable to shareholders was 10.814 billion yuan, up 0.83% year-on-year, while the net profit excluding non-recurring items was 10.713 billion yuan, an increase of 0.94% [1] - In Q4 2024, the company achieved a revenue of 24.534 billion yuan and a net profit of 0.830 billion yuan, with year-on-year changes of +8.05% and -18.98% respectively [1] Revenue Breakdown - The company's revenue from nuclear power, construction installation, design services, labor provision, merchandise sales, and other businesses were 65.9 billion, 18.6 billion, 1.4 billion, 0.7 billion, and 0.2 billion yuan respectively, with year-on-year changes of +5.46%, +3.74%, -1.76%, +42.92%, and -3.80% [2] - The nuclear power sales business saw steady revenue growth, but the gross margin decreased by 2.25 percentage points compared to the previous year [2] - The installed capacity for nuclear power reached 25.084 million kilowatts, a year-on-year increase of 5.16%, and the nuclear power sales volume was 179.012 billion kilowatt-hours, up 7.15% year-on-year [2] Cost and Pricing Factors - The average market electricity price in 2024 decreased by approximately 3.85% compared to 2023, impacting revenue growth [2] - The operating costs for the nuclear power sales business increased by 9.85% year-on-year, primarily due to increased electricity generation and rising costs of nuclear fuel and depreciation [2] Future Capacity and Projects - As of December 31, 2024, the company managed 16 nuclear power units under construction, with several projects at various stages of development, expected to be operational between 2025 and 2030 [3] - The company anticipates further increases in operational capacity with the addition of new projects [3] Cash Flow and Dividends - The company's cash flow improved, with net cash flows from operating, investing, and financing activities changing by +14.78%, +61.19%, and -5.84% respectively [3] - A cash dividend of 0.95 yuan per 10 shares (before tax) was declared, totaling 4.797 billion yuan, which represents 44.36% of net profit, maintaining stability compared to 2023 [3] Profit Forecast and Valuation - The company is projected to achieve net profits of 10.9 billion, 11.3 billion, and 12.1 billion yuan for 2025-2027, with year-on-year changes of +0.35%, +3.74%, and +7.29% respectively [4] - The corresponding price-to-earnings ratios for April 2, 2025, are estimated to be 16.94, 16.33, and 15.22 times [4]

煤炭高速是传统的分红股，有几位老师提到以后看了一下，这煤炭是一江春水向东流啊，查了一下动力 煤价格今年跌了不少，但应该不至于亏损吧？最多盈利缩水，看一季报吧。 奇怪的是钢铁期货最近走势也不行，但是钢铁股倒是比较强，唯一的利好也许就是传闻中的产能压缩？ 大部分钢铁股年报都还是亏损的。 大部分电力股最近也在下跌，不管火电水电，按道理煤炭降价是利好啊，全社会用电量也在上升吧。 高速公路去年走了一大波行情，在降息背景下，还是值得投资的吧。或许股市本来就不是讲道理的地 方。 又或者是市场资金不足，搞板块轮动，所以看着指数还是3300，暴涨的板块涨了很多，上述这些板块资 金悄悄流出。最后，也许这些目前不好的板块就是下一波行情的领头羊？ psz2017 每天在消费和红利挨打，不看就行，every dog has his day。 kkqq999 说明你不懂股市啊。老股民都知道，煤电油铁老三样都是周期防御性板块，在熊市的时候就会比较好， 牛市就不行。 今年年初还看见有人在这里推荐长江电力，真是惯性思维严重。 kkqq999 @copchen 照说科技股您涨您的，没必要砸红利吧，本来两者就不是一路人。只能说，故意引诱市场资 金 ...

今天几乎所有群都在热议琼瑶的去世，86岁的她选择在家中自杀的方式结束生命，并对公众留下了遗书和告别视频。 让我颇感触动的是她的遗书里有专门一段内容，是劝诫青少年不可以一时的挫折打击就放弃生命，要像她一样不辜负生命，不要错过属于自己的精彩。我 把相关内容引用一下： 注意，我「死亡」的方式，是在我生命的終站實行的!年輕的你們，千萬不要輕易放棄生命，一時的挫折打擊，可能是美好生命中的「磨 練」，希望你們經得起磨練，像我一樣，活到八十六、七歲，體力不支時，再來選擇如何面對死亡。但願那時，人類已經找到很人道的方式， 來幫助「老人」們，快樂的「歸去」! 親愛的你們，要勇敢，要活出強大的「自我」，不要辜負來世間一趟！這世間，雖然不是十全十美，也 有各種意外的喜怒哀樂！別錯過那些厲於你的精彩! 琼瑶遗书 自杀的人看多了，遗书也看多了，像她这样自杀还会考虑社会影响，自己已经死了还想着用遗书传播正向的人生观，这种情况不多见，说明她不是因为厌 世而离世，她确实在一个积极的心态下选择了了断。 写到这我回想起2019年的时候平鑫涛病危，琼瑶不忍丈夫被病魔折磨的神志不清，形容枯槁，建议对他实行安乐死，但遭到了平鑫涛前妻的几个孩子们的 反 ...