Ganneng's stock price closed seven -time daily limit thermal power industry or the turning point of the performance

Reporter Li Chunlian

On July 6, Ganneng's shares closed the daily limit, which was the seventh daily limit that the company received continuously. Not only that, the performance of other power stocks on the day was also good. Yu Neng controlled the daily limit, and multiple power stocks such as Sichuan Investment Energy and Shenneng shares rose sharply.

Entering the "Welcome Summer" period, whether the supply of coal has attracted sufficient market attention. Not long ago, the Development and Reform Commission held a meeting to arrange for the deployment of the long -term contract for electric coal to replace and signing up to further ensure the supply of electric coal.

Yang Jie, a researcher at the Easy Coal Research Institute, told the Securities Daily that it would increase 300 million tons of production capacity this year, and the supply of coal was sufficient. Recently, the Development and Reform Commission has implemented a "owed one supplement and three" policies for the implementation of the electrical coal and long -term association, so that the cost of coal use of electric enterprises is guaranteed.

Today, the collective rise of the stock price of power stocks is undoubtedly a positive response to the above information.

The stock price is difficult to cover the performance embarrassment

Following the announcement of two stock prices on June 30 and July 5th, Ganneng shares issued another announcement on the evening of July 6 that the company's shares increased on July 5th and 6th. The cumulative departure is 21.71%, and according to relevant regulations, it is an abnormal fluctuation of stock transactions. From June 28th to July 6th, the company's stock range rose 95.09%, with a cumulative conversion rate of 44.50%.

Public information shows that Ganneng shares mainly operates thermal power generation, hydropower and new energy power generation. The installed capacity is 78.4MW, and the installed capacity of the photovoltaic power generation in the building is 67.08MW. It is understood that as a provincial energy platform, Ganneng shares will focus on developing new energy power generation during the "14th Five -Year Plan" period.

Since last year, due to high coal prices, the operating performance of thermal power -related enterprises has not been satisfactory. The annual report shows that Ganneng's operating income was 2.6996 billion yuan in 2021, an increase of 0.84%year-on-year; the net profit loss attributable to shareholders of listed companies was 248 million yuan, and the basic earnings per share were -0.25 yuan.

After entering 2022, Ganneng's shares are still in a state of losing money. In the first quarter of this year, the company realized operating income of 742 million yuan, an increase of 25.53%year-on-year; the net profit attributable to the mother was 10.15 million yuan, a year-on-year decrease of 103.75%; the non-net profit of non-net profit was 12.78 million yuan, a year-on-year decrease of 104.83%.

Regarding the cause of losses, Ganneng shares said that the cost of fuel for thermal power plant increased significantly year -on -year. In 2021, the average unit price of comprehensive coal in 2021 rose 44.28%from the same period of the previous year.

A brokerage analyst who did not want to be named told the Securities Daily that under the goal of "double carbon", many thermal power companies, including Ganneng shares, are actively transforming to new energy. However, the construction of a new energy power generation project requires a certain period, and it is difficult to see the transformation effect in the short term.

The fire power industry or welcoming the turning point of performance

In order to prevent the repeat of the phenomenon of "pull -out power limit" last year, it is important to ensure that the supply of coal supply of electric enterprises in the peak season. With the advent of the peak summer season, relevant departments continue to increase coal supply, and high coal prices have been controlled.

Zhang Hong, a spokesman for the China Coal Industry Association, said recently that in the first five months of this year, the national coal production was 1.81 billion tons, an increase of 10.4%year -on -year; the average daily output of raw coal in the country exceeded 12 million tons, a historical high, and the national coal supply guarantee was guaranteed. The ability to increase significantly.

The above -mentioned meeting of the Development and Reform Commission clearly stated that the long -term unsuccessful cases have occurred since June and strictly implemented the "owed one supplement and three" clauses. The National Coal Trading Center also issued the "Announcement on Accelerating the Related Works Related Works Related Works and Significance for Medium and Long -term Contracts in 2022".

On July 6, the "China Electric Power Industry Development Report 2022" issued by the China Electric Power Enterprise Federation predicts that the growth rate of the entire social electricity consumption in 2022 is between 5%and 6%.

For thermal power companies, the supply of coal is guaranteed, and the cost of coal use is becoming increasingly stable. As the demand for electricity consumption has increased greatly, operating performance is expected to improve.

Hu Qimu, chief researcher at the Sinosteel Economic Research Institute, told a reporter from the Securities Daily that on the one hand, the Development and Reform Commission led the coal market to ensure stable prices and control the cost end. Factors, the first half of thermal power company's performance is worthy of optimism.

In the research report, the first establishment of the Securities stated that during the "peak summer", the demand for power was strong. The country has continuously emphasized the supply of coal power and strictly controlling the price of electricity. In addition, market -oriented transactions have continued to increase, and policies introduced in various places are also conducive to rising electricity prices, and the performance of coal power companies has reversed.

- END -