世茂能源所属申万行业为：公用事业-电力-热力服务。所属概念板块包括：QFII持股、生物质能、垃圾 分类、光伏玻璃、小盘等。 截至3月31日，世茂能源股东户数1.31万，较上期减少3.19%；人均流通股12227股，较上期增加3.29%。 2025年1月-3月，世茂能源实现营业收入7727.25万元，同比减少16.14%；归母净利润3342.38万元，同比 减少3.42%。 分红方面，世茂能源A股上市后累计派现4.32亿元。近三年，累计派现3.04亿元。 8月28日，世茂能源盘中下跌2.03%，截至10:04，报22.70元/股，成交6938.51万元，换手率1.89%，总市 值36.32亿元。 今年以来世茂能源已经5次登上龙虎榜，最近一次登上龙虎榜为8月27日。 资料显示，宁波世茂能源股份有限公司位于浙江省余姚市小曹娥镇滨海产业园广兴路8号，成立日期 2003年12月10日，上市日期2021年7月12日，公司主营业务涉及热电联产。主营业务收入构成为：热力 销售65.95%，电力销售17.56%，垃圾处理10.75%，其他5.74%。 责任编辑：小浪快报 资金流向方面，主力资金净流出310.76万元，特大单买入 ...

顺发恒能股份公司会计政策 （此制度已经 2025 年 8 月 20 日公司召开的第十届董事会第十一次会议审议通过） 第一章 总 则 第一条 为规范顺发恒能股份公司(以下简称"公司")及纳入合并范围的子公司的会计核算， 统一会计确认和计量标准，真实、完整地提供会计信息，根据《中华人民共和国会计法》、 《企业财务会计报告条例》和《企业会计准则》的规定，结合公司实际情况，制定本政策。 第二条 公司应当对其本身发生的交易或者事项进行会计确认、计量和报告。 第三条 公司会计确认、计量和报告应当以持续经营为前提。 第七条 公司应当按照交易或者事项的经济特征确定会计要素。会计要素包括资产、负债、 所有者权益、收入、费用和利润。 第八条 公司在对会计要素进行计量时，应当遵循本政策规定的计量属性，一般采用历史 成本。采用重置成本、可变现净值、现值、公允价值计量的，应当保证所确定的会计要素金 额能够取得并可靠计量，并且符合本政策的相关规定。 第九条 会计记账采用借贷记账法。 第十条 公司按照《企业会计准则》的规定设臵和使用会计科目，建立公司的会计核算体 系，在不影响会计核算要求和会计报表指标汇总以及对外提供的财务会计报告的前提下 ...

Investment Rating - The report assigns no rating to the company [5] Core Viewpoints - The company is a clean energy operator with over 20 years of experience, focusing on combined heat and power generation and energy services. The mid-year performance is expected to increase by 20-35% [1][3] - The company has achieved a total installed capacity of 5.9GW, with significant contributions from various energy sources including gas, coal, solar, wind, and storage [1][3] - The company has initiated the issuance of Real World Assets (RWA) in the renewable energy sector, marking a significant innovation in financing [2][3] - The energy services segment has shown remarkable growth, with revenues increasing by over 337% year-on-year [3][19] Summary by Sections Financial Performance - The company forecasts a revenue of 9.8 billion yuan in 2024, a decrease of 3.4% year-on-year, with a net profit of 489 million yuan, down 46% [1][19] - For the first half of 2025, the expected net profit ranges from 493 to 555 million yuan, reflecting a year-on-year increase of 20-35% [1][18] - The company anticipates achieving net profits of 900 million, 983 million, and 1.05 billion yuan for 2025, 2026, and 2027 respectively, with growth rates of 84%, 9%, and 7% [3][57] Revenue Breakdown - The revenue from gas-fired combined heat and power generation is projected to be 5.24 billion yuan in 2024, accounting for 53.4% of total revenue [1] - The energy services segment is expected to generate 1.19 billion yuan in 2024, contributing 12.2% to total revenue [1][19] - The company’s total revenue is projected to reach 10.9 billion yuan in 2025, with a growth rate of 11.3% [4][51] Market Position and Strategy - The company has established a joint venture with Ant Group to provide RWA issuance services for distributed energy assets, enhancing its market position [3][49] - The company is focusing on expanding its virtual power plant and energy trading businesses, with a demand response capacity of approximately 500MW [3][49] - The company’s energy service revenue is expected to grow significantly, driven by the increasing demand for virtual power plants and energy trading [3][50] Future Outlook - The company is expected to maintain a stable growth trajectory, with projected revenues of 11.5 billion yuan in 2026 and 11.9 billion yuan in 2027 [4][51] - The gross margin is anticipated to stabilize around 27% in the coming years, reflecting operational efficiency [51][52] - The company’s strategic initiatives in RWA and energy services are expected to drive future growth and profitability [2][3][49]

Investment Rating - The report maintains a "Buy" rating for GCL-Poly Energy (002015) with a target price of 9.18 CNY over the next six months, compared to the current price of 7.30 CNY [1]. Core Insights - The company experienced a significant decline in net profit in 2024, primarily due to asset impairment losses and reduced gains from equity disposals. However, the first quarter of 2025 showed a strong recovery in revenue and net profit, driven by increased income from distributed photovoltaic and energy storage projects, as well as lower fuel prices [8][9]. - GCL-Poly is focusing on optimizing its asset structure and enhancing its core combined heat and power business while expanding its renewable energy projects. As of Q1 2025, the total installed capacity was 5,978 MW, with renewable energy accounting for 58.23% of total generation capacity [8][9]. - The company is also deepening its energy service offerings, particularly in energy efficiency and trading services, with significant growth in distributed photovoltaic projects and virtual power plant services [8][9]. Financial Summary - For 2024, GCL-Poly reported revenues of 9,796.41 million CNY, a decrease of 3.42% year-on-year, and a net profit attributable to the parent company of 489.04 million CNY, down 46.20% year-on-year. The first quarter of 2025 saw revenues of 29.33 million CNY, up 21.49% year-on-year, and a net profit of 2.54 million CNY, up 35.15% year-on-year [3][8]. - The forecast for 2025-2027 indicates a recovery in net profit, with estimates of 823.36 million CNY in 2025, 962.18 million CNY in 2026, and 1,190.87 million CNY in 2027, corresponding to a dynamic PE of 14.4, 12.3, and 10.0 respectively [9][10]. - The company is expected to achieve a revenue growth rate of 1.07% in 2025, followed by 23.21% in 2026 and 26.35% in 2027, with a projected total revenue of 12,199.53 million CNY in 2026 and 15,413.77 million CNY in 2027 [3][9].

序号股票简称PE(TTM)PE(静)市净率总市值(元)5郴电国际-72.43-72.430.7226.27亿行业平均 19.5920.482.18389.63亿行业中值17.7818.311.54137.33亿1华电辽能-883.321.789.4538.00亿2西昌电 力-684.10-109.114.0048.67亿3绿能慧充-486.88300.949.8552.40亿4深南电A-377.951155.153.3948.04亿6豫 能控股-51.02-51.021.9961.95亿7梅雁吉祥-47.65-57.732.5657.89亿8韶能股份-47.31-23.921.4263.64亿9华银 电力-43.16-39.946.0974.75亿10大连热电-18.63-18.636.7527.19亿11晋控电力-11.76-16.011.4382.46亿 来源：金融界 湖南郴电国际发展股份有限公司从事供电、供水两大主营业务；同时涉及水电开发、新能源开发、综合 能源服务、工业气体、污水处理等领域。公司的主要产品及服务包括电力销售、工业气体销售、自来水 销售。 最新一期业绩显示，2024年三季报，公司实现营业 ...

Company Overview - Chendian International's closing price is 6.45 yuan, down 2.57%, with a rolling PE ratio of 64.39 times and a total market value of 2.387 billion yuan [1] - The company ranks 74th in the electricity industry's average PE ratio of 19.18 times and median of 18.00 times [1] - As of September 30, 2024, the number of shareholders is 25,201, a decrease of 3,730 from the previous period, with an average holding value of 352,800 yuan and an average holding of 27,600 shares [1] Business Operations - Chendian International is engaged in power supply and water supply as its main businesses, while also involved in hydropower development, new energy development, comprehensive energy services, industrial gases, and wastewater treatment [1] - The company's main products and services include electricity sales, industrial gas sales, and tap water sales [1] Financial Performance - For the third quarter of 2024, the company reported operating revenue of 3.317 billion yuan, a year-on-year increase of 9.77% [1] - The net profit for the same period is 60.4556 million yuan, reflecting a year-on-year increase of 257.79% [1] - The sales gross margin stands at 14.20% [1]

Company Overview - Chendian International's closing price on April 2 was 6.79 yuan, down 2.16%, with a rolling PE ratio of 67.79 times and a total market capitalization of 2.513 billion yuan [1] - The company ranks 74th in the electricity industry's average PE ratio of 19.14 times and median of 17.83 times [1] - As of September 30, 2024, the number of shareholders decreased by 3,730 to 25,201, with an average holding value of 352,800 yuan and an average holding of 27,600 shares [1] Business Operations - Chendian International is engaged in power supply and water supply as its main businesses, while also involved in hydropower development, new energy development, comprehensive energy services, industrial gases, and wastewater treatment [1] - The company's primary products and services include electricity sales, industrial gas sales, and tap water sales [1] Financial Performance - For the third quarter of 2024, the company reported operating revenue of 3.317 billion yuan, a year-on-year increase of 9.77% [1] - The net profit for the same period was 60.456 million yuan, reflecting a significant year-on-year increase of 257.79% [1] - The sales gross margin stood at 14.20% [1]

郴电国际收盘上涨1.91%，滚动市盈率69.28倍，总 市值25.68亿元 来源：金融界 3月26日，郴电国际今日收盘6.94元，上涨1.91%，滚动市盈率PE（当前股价与前四季度每股收益总和的 比值）达到69.28倍，创62天以来新低，总市值25.68亿元。 最新一期业绩显示，2024年三季报，公司实现营业收入33.17亿元，同比9.77%；净利润6045.56万元， 同比257.79%，销售毛利率14.20%。 序号股票简称PE(TTM)PE(静)市净率总市值(元)74郴电国际69.28-41.620.7025.68亿行业平均 19.2920.472.11382.94亿行业中值18.1318.201.54142.01亿1华电辽能-917.561.849.8139.47亿2绿能慧 充-600.10370.9112.1464.58亿3西昌电力-588.28-93.833.4441.85亿4深南电A-403.081231.963.6251.23亿5豫 能控股-98.08-11.602.0464.24亿6韶能股份-47.71-24.131.4364.18亿7梅雁吉祥-47.49-57.542.5557.70亿8华 ...