You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
研報掘金丨東興證券:首予陝西煤業“強烈推薦”評級,聚焦構建“煤電一體化”發展格局
東興證券研報指出,陝西煤業股份有限公司是陝西唯一省屬特大型上市煤企,爲陝西最大上市煤企,背靠陝煤集團。2024年成功收購陝煤電力集團火電資產,公司聚焦構建“煤電一體化”產業聯動發展格局。公司經營質量持續向好,2025Q1煤價雖持續走低,公司業績依舊保持穩定。公司擁有優質煤炭資源,雖然面臨煤炭銷售價格中樞下移,公司通過降本增效,提高產量和銷量等積極應對措施,業務依然保持穩健。公司2024年產銷量均增長,經營能力保持穩健。擁有優質煤炭資源,煤炭產量(2021-2024年)逐年提高,同時成本管控良好,單位完全成本持續降低。2024年公司收購陝煤電力實施煤電一體化戰略,並對電力業務增大資本開支,促進公司高質量發展,有望幫助公司增加盈利。公司分紅持續位於高位,彰顯公司股東回報信心。首次覆蓋,給予“強烈推薦”評級。
Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account