Workflow
输变电设备
icon
Search documents
研报掘金丨华鑫证券:首予特变电工“买入”评级,输变电订单高增,中标沙特大单
Ge Long Hui A P P· 2025-10-11 01:52
格隆汇10月11日|华鑫证券研报指出,特变电工主营业务包括输变电业务、新能源业务、能源业务及新 材料业务。25H1归母净利润31.8亿元,同比+5.0%,25Q2单季归母净利润15.8亿元,同比+52.5%,环 比-1.0%。输变电订单高增,中标沙特大单,中标总金额约164亿元,执行时间7年,最低执行量为 70%,为公司未来海外收入提供坚实支撑。硅料盈利承压,煤炭和新材料保持稳定。此外,公司黄金项 目2021年起开始产出,产品为成品金和精金粉,年产量(金金属量)约2.5~3吨,形成业绩贡献。公司 输变电业务订单高增并中标沙特大单,整体业绩保持稳健,首次覆盖,给予"买入"投资评级。 ...
明阳电气:公司已推出满足数据中心客户需求的输变电设备,暂无液冷设备业务
Mei Ri Jing Ji Xin Wen· 2025-10-09 13:05
Group 1 - The core viewpoint is that the artificial intelligence data center (AIDC) sector is in its early explosive growth phase, with high demand for related hardware products [2] - The company, Mingyang Electric (301291.SZ), has recognized the development opportunities in electrical infrastructure for AIDC and has launched power transmission and transformation equipment to meet data center customer needs [2] - The company is actively investing in research and development in this area to align with future demand for related products [2] Group 2 - Currently, the company does not have any liquid cooling equipment business [2]
思源电气跌2.04%,成交额3.86亿元,主力资金净流出2997.85万元
Xin Lang Cai Jing· 2025-09-25 05:27
思源电气所属申万行业为:电力设备-电网设备-输变电设备。所属概念板块包括:超级电容、储能、历 史新高、百元股、电力物联网等。 截至6月30日,思源电气股东户数2.00万,较上期增加7.37%;人均流通股30409股,较上期减少6.82%。 2025年1月-6月,思源电气实现营业收入84.97亿元,同比增长37.80%;归母净利润12.93亿元,同比增长 45.71%。 分红方面,思源电气A股上市后累计派现25.09亿元。近三年,累计派现9.30亿元。 机构持仓方面,截止2025年6月30日,思源电气十大流通股东中,香港中央结算有限公司位居第一大流 通股东,持股1.55亿股,相比上期减少140.71万股。华泰柏瑞沪深300ETF(510300)位居第六大流通股 东,持股1110.16万股,相比上期增加105.11万股。易方达沪深300ETF(510310)位居第九大流通股 东,持股790.88万股,相比上期增加79.69万股。华夏沪深300ETF(510330)位居第十大流通股东,持 股579.92万股,为新进股东。 9月25日,思源电气盘中下跌2.04%,截至13:06,报101.07元/股,成交3.86亿元 ...
光伏板块修复态势明显,风电储能板块景气上行 | 投研报告
Market Performance - The energy storage and wind power sectors have performed relatively well, achieving positive excess returns compared to industry indices, while the photovoltaic and grid equipment sectors have underperformed [1][2] - The energy storage sector benefits from ongoing industry prosperity and rapid growth in shipment volumes, significantly outperforming industry benchmarks [2] - The wind power sector's bidding market has begun to transmit its prosperity to the revenue side of industry chain companies, leading to a noticeable recovery in their performance [2] Industry Recovery - The photovoltaic sector's performance has bottomed out and is beginning to recover, while the wind and energy storage sectors show an upward trend in their fundamentals [2] - The photovoltaic supply chain, including silicon materials, silicon wafers, and integrated components, is gradually recovering, although auxiliary materials are under pressure [3] - The domestic photovoltaic demand is expected to surge in the first half of 2025 due to the implementation of relevant policies, stabilizing industry prices [3] Supply and Demand Dynamics - The industry is experiencing a significant slowdown in expansion pace due to the enforcement of policies aimed at curbing "involution" competition, leading to an ongoing optimization of the supply-demand structure [2][3] - The wind power sector is witnessing a clear recovery, with revenue growth driven by the transmission of high bidding market conditions to the income side of the industry chain [4][5] Grid Equipment Sector - The grid equipment sector continues to show stable growth, benefiting from a long-term uptrend in global grid investment [6] - The demand for grid equipment is increasing due to the rapid growth of wind and photovoltaic industries, necessitating greater investment in grid infrastructure [6]
风光储网行业2025年半年报点评报告:光伏板块修复态势明显,风电储能板块景气上行
Chengtong Securities· 2025-09-23 12:13
2025 年 09 月 23 日 电气设备行业 光伏板块修复态势明显,风电储能板块景气上行 ——风光储网行业 2025 年半年报点评报告 行业深度 行业复苏态势明显:光伏板块业绩触底回升,风电储能板块景气度上行 基本面方面,电新板块 2024 年业绩承压明显,2025 年上半年复苏态势逐渐清 晰。其中,光伏电池片、硅片、逆变器、风机零部件板块业绩增长幅度较大, 光伏辅材玻璃等环节板块相对承压。供给端方面,整治"内卷式"竞争进入 具体政策落地阶段,行业整体扩产节奏显著放缓,行业供需格局在持续优化 过程中。估值方面,行业整体估值水平处于历史中位数附近,风光板块估值 处于历史底部区间。 市场表现方面,储能、风电板块表现相对较好,较行业指数取得正向超额收 益,光伏、电网设备板块表现欠佳,跑输行业指数。其中,储能板块受益于 行业景气持续上行,出货量快速增长,大幅跑赢行业基准。风电板块招标市 场的景气度开始向产业链公司收入端传导,带动风电产业链公司业绩明显修 复。光伏板块受益于整治"内卷式"竞争带来的悲观预期修正,产品价格企 稳反弹带动业绩修复。电网设备板块稳定增长的防御属性在今年以来风偏上 行的市场中不占优,因此涨幅相 ...
平高电气(600312.SH):中标13.69亿元国家电网输变电项目
Ge Long Hui A P P· 2025-09-23 10:14
Core Viewpoint - Pinggao Electric (600312.SH) has won bids for significant projects from the State Grid Corporation of China, indicating strong business prospects and revenue growth potential for the company [1] Group 1: Company Announcements - Pinggao Electric announced that it and its subsidiaries have been awarded contracts in the State Grid Corporation's 2025 procurement for power transmission and transformation projects [1] - The total bid amount for these projects is approximately 1.369 billion yuan, which represents 11.04% of the company's projected revenue for 2024 [1]
平高电气:中标13.69亿元国家电网输变电项目
Ge Long Hui· 2025-09-23 10:03
Core Viewpoint - Pinggao Electric (600312.SH) has won bids for significant projects from the State Grid Corporation of China, indicating strong business prospects and revenue growth potential for the company [1] Group 1: Company Performance - The company and its subsidiaries have been awarded contracts in the 60th and 61st procurement batches for the State Grid Corporation, specifically for substation equipment and cables [1] - The total bid amount is approximately 1.369 billion yuan, which accounts for 11.04% of the company's projected revenue for 2024 [1]
思源电气股价连续3天上涨累计涨幅6.06%,嘉合基金旗下1只基金持15万股,浮盈赚取87.45万元
Xin Lang Cai Jing· 2025-09-23 07:21
Group 1 - The core viewpoint of the news is that Siyuan Electric has seen a significant increase in its stock price, rising 2.12% to 102.00 CNY per share, with a total market capitalization of 79.397 billion CNY and a cumulative increase of 6.06% over three days [1] - Siyuan Electric, established on December 2, 1993, and listed on August 5, 2004, specializes in the research, production, sales, and service of power transmission and transformation equipment, with 99.47% of its revenue coming from the power distribution equipment sector [1] - The trading volume for Siyuan Electric reached 729 million CNY, with a turnover rate of 1.19% [1] Group 2 - Jihe Fund has a significant holding in Siyuan Electric, with its Jihe Jinpeng Tianli Mixed A Fund (008905) holding 150,000 shares, representing 1.52% of the fund's net value, ranking as the tenth largest holding [2] - The Jihe Jinpeng Tianli Mixed A Fund has generated a floating profit of approximately 318,000 CNY today and 874,500 CNY during the three-day increase [2] - The fund was established on April 29, 2020, with a current scale of 305 million CNY, and has achieved a year-to-date return of 14.82% [2]
广州白云电器设备股份有限公司关于公司及控股子公司项目中标的公告
Summary of Key Points Core Viewpoint - Guangzhou Baiyun Electric Equipment Co., Ltd. and its subsidiary Guilin Electric Capacitor Co., Ltd. have been recommended as candidates for winning bids in the State Grid Corporation of China's 2025 procurement for substation equipment, which is expected to positively impact the company's performance [1]. Group 1: Bid Details - The company and its subsidiary are recommended candidates for nine sub-projects under the State Grid Corporation's 2025 procurement (Tender No: 0711-25OTL08411033) [1]. - The total bid amount for the projects is 161.8021 million yuan, which accounts for 3.25% of the company's audited revenue for 2024 [1]. Group 2: Impact on Company Performance - Winning these bids is anticipated to have a positive effect on the company's operational work and performance [1]. - The execution of contracts will be based on formal agreements, which are yet to be signed [2].
思源电气股价涨5.01%,长信基金旗下1只基金重仓,持有500股浮盈赚取2335元
Xin Lang Cai Jing· 2025-09-17 06:07
风险提示:市场有风险,投资需谨慎。本文为AI大模型自动发布,任何在本文出现的信息(包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等)均只作为参考,不构成个人投资建 议。 9月17日,思源电气涨5.01%,截至发稿,报97.81元/股,成交4.75亿元,换手率0.82%,总市值761.36亿 元。 资料显示,思源电气股份有限公司位于上海市闵行区华宁路3399号,成立日期1993年12月2日,上市日 期2004年8月5日,公司主营业务涉及输变电设备的研发、生产、销售及服务。主营业务收入构成为:输 配电设备行业99.47%,汽车电子电器0.53%。 从基金十大重仓股角度 数据显示,长信基金旗下1只基金重仓思源电气。长信乐信混合A(004608)二季度持有股数500股,占 基金净值比例为2.22%,位居第三大重仓股。根据测算,今日浮盈赚取约2335元。 长信乐信混合A(004608)成立日期2017年12月7日,最新规模89.78万。今年以来收益9.17%,同类排 名5942/8172;近一年收益11.32%,同类排名6787/7980;成立以来收益41.07%。 长信乐信混合A(004608)基金 ...