Despite short-term lower returns, China Power International Development's reinvestment for growth and higher sales are promising. The stock's 100% return over the last five years indicates investor recognition of these trends.
Warning signs loom for investors despite the company's past performance suggesting peak performance. This is particularly true for China Power International Development.
China Power International Development's ROCE trend does not fit the multi-bagger mold presently, but its recent growth investments and increased sales hint at enduring stock performance. Its stock's 151% return over the past five years is alluring if these growth trends persist.
We recommend taking profits on China Power utilities post >5% outperformance YTD (IPPs: flat, HSCEI: -5%). We believe tailwinds from lower coal prices are likely priced-in with strong rebound in 1H23 earnings. Yet, margin may be at risk on potential tariff cut next year, as the IPPs may reset the power contracts with lower tariff from 1Q24 amid a sluggish economy and subdued coal prices. Also, utilization hou...
Investment Highlights: 1. Optimization of coal power assets, expected to achieve a comprehensive turnaround in 2023: In 2022, the company actively introduced China National Coal Group's subsidiary, China Coal Power, as a strategic partner and successfully transferred equity interests in the Yaomeng and Dabieshan thermal power projects, with a combined installed capacity of 4.76 million kW. After di...
中國電力股票討論區
1. Optimization of coal power assets, expected to achieve a comprehensive turnaround in 2023:
In 2022, the company actively introduced China National Coal Group's subsidiary, China Coal Power, as a strategic partner and successfully transferred equity interests in the Yaomeng and Dabieshan thermal power projects, with a combined installed capacity of 4.76 million kW. After di...
今日,連續下跌的港股迎來反彈行情, $恒生科技指數(800700.HK)$ 午後一度漲至2.6%,最終收漲1.25%止步6連跌, $恒生指數(800000.HK)$ 、 $國企指數(800100.HK)$ 分別上漲0.71%和0.8%。南下資金全日淨流入28.42億港元,大市成交額爲978億港元。
盤面上,大型科技股全線反彈引領大市回升, $快手-W(01024.HK)$ 漲5.5%, $騰訊控股(00700.HK)$ 漲2.9%, $京東集團-SW(09618.HK)$ 漲2.56%, $美團-W(03690.HK)$ , $小米集團-W(01810.HK)$ 皆上漲, $網易-S(09999.HK)$ 逆勢下跌近2%%;
機構認爲電力供需緊張形勢加劇,電力股全天領銜上漲,華能國際電力漲約8%;連續下跌的鋰電池...
港股全天表現低迷, $恒生科技指數(800700.HK)$ 跌1.21%, $恒生指數(800000.HK)$ 、 $國企指數(800100.HK)$ 分別跌0.63%和0.75%。南下資金全日淨流入37.39億港元,大市成交額爲1097億港元。
盤面上,大型科技股集體走弱拖累大市下跌, $小米集團-W(01810.HK)$ 跌近2%, $騰訊控股(00700.HK)$ 、 $快手-W(01024.HK)$ 跌超1%, $百度集團-SW(09888.HK)$ 、 $阿里巴巴-SW(09988.HK)$ 、 $京東集團-SW(09618.HK)$ 均有跌幅;體育用品股跌幅靠前, $安踏體育(02020.HK)$ 折價配股大跌超7%表現最差,昨日強勢的半導體股、電力股下跌明顯,上海...
4月14日,港股午後拉昇再度轉漲,三大指數全天呈現震盪行情, $恒生指數(800000.HK)$ 漲0.46%, $國企指數(800100.HK)$ 漲0.57%; $恒生科技指數(800700.HK)$ 漲0.1%。本週三大指數表現相對平淡, $國企指數(800100.HK)$ 周漲0.57%, $恒生指數(800000.HK)$ 周漲0.81%,唯 $恒生科技指數(800700.HK)$ 周跌1.74%。
盤面上,大型科技股漲跌參半, $網易-S(09999.HK)$ 漲3%, $阿里巴巴-SW(09988.HK)$ 、 $騰訊控股(00700.HK)$ 小幅上漲, $百度集團-SW(09888.HK)$ 跌3%, $京東集團-SW(09618.HK)$ 跌超1%;國際金價趨勢向上,黃金股帶動有...
暫無評論