序号股票简称PE(TTM)PE(静)市净率总市值(元)7华能国际11.2411.661.911182.07亿行业平均 24.1324.932.20403.22亿行业中值20.0721.411.58146.43亿1皖能电力8.188.141.04167.97亿2江苏国信 8.678.900.88288.27亿3国电电力8.999.021.53886.43亿4福能股份9.219.951.07278.01亿5浙能电力 10.759.721.01753.57亿6华电国际10.8510.981.41626.03亿8申能股份11.5411.111.20438.02亿9上海电力 11.5612.671.28259.14亿10大唐发电11.9314.332.00645.88亿11陕西能源12.2611.111.31334.12亿12甘肃能源 12.6113.491.58221.88亿 来源：金融界 截至2025年一季报，共有67家机构持仓华能国际，其中基金59家、其他8家，合计持股数874327.66万 股，持股市值605.03亿元。 华能国际电力股份有限公司的主营业务是发电业务并销售电力。公司的主要产品是电力及热力、港口服 ...

Group 1 - The core viewpoint of the articles highlights Huaneng International's current stock performance, with a closing price of 7.4 yuan and a rolling PE ratio of 11.05 times, significantly lower than the industry average of 23.46 times [1][2] - Huaneng International's total market capitalization is reported at 116.166 billion yuan, ranking 14th in the electricity sector based on PE ratio [1][2] - The company has a total of 106,310 shareholders as of March 31, 2016, with an average holding value of 352,800 yuan and an average shareholding of 27,600 shares [1] Group 2 - Huaneng International's main business involves power generation and sales, with additional services in port and transportation [1] - The latest quarterly report for Q1 2025 shows a revenue of 60.335 billion yuan, a year-on-year decrease of 7.70%, while net profit increased by 8.19% to 4.973 billion yuan, with a gross margin of 19.05% [1] - The company holds a total of 2,021 patents, including 1,021 invention patents, 746 utility model patents, and 316 international patents [1]

华福证券 火力发电 2025 年 04 月 30 日 投资要点： 24 年电力热力毛利同比增幅 50%，1Q2025 电价承压影响业绩释放：2024 年，公司上网电量上升约 6.60%；电价下降约 7.06%，公司电力及热力销售收 入同比增加 2.25%。受益于 24 年煤炭价格的下降，2024 年电力及热力销售毛 利同比增幅 49.66%。1Q2025，全国电力供需总体平衡，火电发电同比下降 2.3%； 浙江火电出力相对占优，公司上网电量同比基本持平。但是一季度公司电价承 压，削弱煤价下跌的成本红利，影响业绩释放。此外，1Q2025 公司投资净收 益同比下降 26.74%，或系电价承压，影响公司参股火电机组的业绩释放。 华福证券 24 年中来归母净利润同比下滑 260%，拖累公司并表利润：2024 年，公 司并表公司中来股份营业收入 60.96 亿元，同比下降 50.28%；归母净利润-8.56 亿元，同比下降 262.64%。因中来股份 2022-2024 年合并报表口径累计实现归 母净利润（0.72 亿元）未完成业绩承诺要求（16 亿元），中来股份原实际控制 人已触发补偿条件，将支付补偿金 1.48 亿 ...