10月24日，国电电力盘中下跌2.12%，截至11:09，报5.09元/股，成交4.29亿元，换手率0.47%，总市值 907.83亿元。 资金流向方面，主力资金净流出4176.90万元，特大单买入2277.25万元，占比5.31%，卖出5948.79万 元，占比13.86%；大单买入6755.70万元，占比15.74%，卖出7261.06万元，占比16.92%。 国电电力今年以来股价涨13.87%，近5个交易日跌0.59%，近20日涨0.39%，近60日涨8.76%。 资料显示，国电电力发展股份有限公司位于北京市朝阳区安慧北里安园19号，成立日期1992年12月31 日，上市日期1997年3月18日，公司主营业务涉及电力、热力生产及销售。主营业务收入构成为：火力 发电产品81.98%，新能源发电产品9.59%，水力发电产品7.09%，其他(补充)1.33%，科技环保产品 0.02%，其他产品0.01%。 国电电力所属申万行业为：公用事业-电力-火力发电。所属概念板块包括：低价、东北振兴、证金汇 金、绿色电力、央企改革等。 分红方面，国电电力A股上市后累计派现301.31亿元。近三年，累计派现92.75亿元。 ...

Core Viewpoint - Guodian Power's stock price has shown a positive trend, with a year-to-date increase of 9.40%, indicating potential investor confidence in the company's performance and market position [1]. Financial Performance - For the first half of 2025, Guodian Power reported a revenue of 776.55 billion yuan, a year-on-year decrease of 9.52% [2]. - The net profit attributable to shareholders was 36.87 billion yuan, reflecting a significant year-on-year decline of 45.11% [2]. Stock Market Activity - As of September 1, Guodian Power's stock price was 4.89 yuan per share, with a market capitalization of 872.16 billion yuan [1]. - The stock experienced a trading volume of 3.55 billion yuan, with a turnover rate of 0.41% [1]. - The stock has seen a net outflow of 474.01 million yuan in principal funds, with significant buying and selling activity from large orders [1]. Shareholder Information - As of June 30, the number of shareholders decreased to 365,600, a reduction of 9.45% from the previous period [2]. - The average number of circulating shares per shareholder increased by 10.44% to 48,778 shares [2]. - The total cash dividends distributed by Guodian Power since its A-share listing amount to 283.48 billion yuan, with 74.91 billion yuan distributed in the last three years [3]. Institutional Holdings - As of June 30, Hong Kong Central Clearing Limited was the third-largest circulating shareholder, holding 469 million shares, an increase of 104 million shares from the previous period [3]. - Huatai-PB CSI 300 ETF ranked as the seventh-largest circulating shareholder, with a holding of 159 million shares, up by 13.43 million shares [3].

Core Viewpoint - Guodian Power achieved significant profit growth in 2024 despite a slight decline in total revenue, indicating effective management of non-operating gains [1][2][6]. Group 1: Operating Performance Overview - Total revenue for Guodian Power in 2024 was 179.18 billion yuan, a decrease of 1.0% year-on-year [1]. - Net profit attributable to shareholders reached 9.83 billion yuan, a substantial increase of 75.28% year-on-year [1]. - Non-recurring net profit was 4.67 billion yuan, down 4.2% year-on-year, highlighting significant gains from non-operating activities [1]. Group 2: Quarterly Performance - In Q4, total revenue was 45.32 billion yuan, an increase of 4.69% year-on-year [2]. - Net profit attributable to shareholders soared to 640 million yuan, a staggering increase of 4182.16% year-on-year [2]. - Non-recurring net profit for Q4 was 10.42 million yuan, up 102.32% year-on-year, indicating strong end-of-year growth [2]. Group 3: Financial Indicators - Main revenue source was thermal power generation, accounting for 84.52% of total revenue at 151.44 billion yuan, with a gross margin of 9.52% [3]. - Hydropower and renewable energy revenues were 12.65 billion yuan and 12.35 billion yuan, with gross margins of 49.36% and 36.61% respectively [3]. - Other business segments contributed to overall revenue, though specific figures were not detailed [3]. Group 4: Asset and Liability Situation - As of the end of 2024, accounts receivable stood at 28.47 billion yuan, representing 289.57% of net profit, indicating a need for attention on receivables collection [4]. - Interest-bearing debt was 282.89 billion yuan, an increase of 3.76% year-on-year, with an interest-bearing asset-liability ratio of 55.55%, suggesting some debt pressure [4]. Group 5: Cash Flow Situation - Net cash flow from operating activities increased by 30.66% year-on-year, reaching 3.12 yuan per share, reflecting good cash flow management [5]. - Cash and cash equivalents totaled 15.44 billion yuan, down 19.46% year-on-year, with a cash-to-current liabilities ratio of only 15.61%, indicating potential liquidity risks [5]. Group 6: Development Prospects - The company is actively promoting the flexibility transformation of coal-fired units and has added 4.2853 million kilowatts of new energy capacity, focusing on clean energy development [6]. - With the advancement of "dual carbon" goals, the company aims to optimize its energy structure and increase the proportion of clean energy [6].