研報掘金丨東方財富:中煤能源售價韌性較強,首予“買入”評級
東方財富證券研報指出,中煤能源(601898.SH)立足煤炭主業,打造“煤-電-化-新”一體化,致力於建設世界一流能源企業。公司以煤炭、煤化工、煤礦裝備和電力為核心業務,着力打造“煤-電-化-新”等循環經濟新業態,致力於建設世界一流能源企業。公司為中煤能源集團控股的央企,在股東支持、資源獲取等方面有明顯優勢,於2006年H股上市,2008年A股上市。2021年以來,公司營收和歸母淨利規模明顯上一台階,2024年營收/歸母淨利1894/193.2億元,同比-1.9%/-1.1%,盈利韌性彰顯。公司25年自產煤長協比例維持約75%,售價韌性較強。首次覆蓋,給予“買入”評級。
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