研報掘金丨國泰君安:維持長江電力“增持”評級,目標價34.32元
國泰君安研報指出,長江電力(600900.SH)業績快報披露2024年歸母淨利潤325億元,同比+19.4%(經調整)。測算公司4Q24歸母淨利潤45.0億元,同比-21.3%,4Q24業績符合此前預期。據公司官方微信公眾號,截至2024年12月27日公司梯級水庫蓄能約308億千瓦時,創歷史同期新高。預計蓄能情況較佳有望為公司1Q25E迎峯度冬期間電量提供保障。考慮公司作為水電龍頭且分紅比例較高的估值溢價,維持目標價34.32元,維持“增持”評級。
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