格隆匯發佈山高新能源(1250.HK)2024年全年業績更新報告(中文)
收入與淨利潤穩健增長,盈利能力持續改善。2024財年,SHNE交出穩健的財務成績單,實現營業收入人民幣44.23億元,超出我們在首次覆蓋報告(Initiation of Coverage,簡稱IOC)中預測的人民幣43.91億元。毛利潤達人民幣20.21億元,對應毛利率爲46%。毛利率同比下降的主要原因是售電業務利潤率下滑,受到電網限電加劇的影響。期間管理費用維持在人民幣3.50億元,顯示公司在成本控制和運營效率方面的持續優化成效。歸屬於母公司淨利潤爲人民幣2.84億元,略高於IOC報告中的預測值(人民幣2.82億元);公司整體淨利潤同比增長32%,達到人民幣4.63億元。淨利潤與歸母淨利潤之間的差異主要源於2024財年少數股東權益佔比增加。
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