600900 China Yangtze Power
- 29.20
- -0.06-0.21%
China Yangtze Power News
Research Reports Mining | GTJA: China Yangtze Power's first interim dividend, emphasizing Shareholder returns, maintaining a "Shareholding" rating.
Gelonghui, December 16 | GTJA's research reports indicate that China Yangtze Power (600900.SH), as a leader in hydropower with a high dividend payout ratio, maintains a Target Price of 34.32 yuan and a 'Shareholding' rating. The company announced a profit distribution plan for the first half of 2024, proposing a cash dividend of 5.14 billion yuan (corresponding to a cash dividend of 0.21 yuan per share), which accounts for approximately 45.2% of the net income attributable to the parent for H1 2024. This mid-term dividend represents the company's first mid-term dividend since going public, highlighting its commitment to shareholder returns. According to the company's official WeChat account, as of December 14, 2024.
China Yangtze Power (600900): First Mid-term Dividend, Emphasizing Shareholder Returns.
Report introduction: The company's first interim dividend highlights the focus on Shareholder returns, and the stable relative value of dividends in a low-interest-rate environment is expected to continue to rise. Investment highlights: Maintain the 'Shareholding' rating: Maintain 2024-2026 EPS at 1.
Express News | China Yangtze Power: A cash dividend of 2.1 yuan will be distributed for every 10 shares in the 2024 interim period.
Last night, china assets went "crazy."
Overnight, the nasdaq Golden Dragon china index rose over 8.5%, marking the best single-day performance since the end of September. Popular Chinese concept etfs surged collectively: the largest MCHI increased by 7.7%, the FXI, which tracks large Chinese companies in the Hong Kong stock market, rose over 8%, and the only major Chinese concept etf tracking the A-share market, ASHR, gained nearly 7%. The most insane increase came from the three times leveraged FTSE China, YINN, which soared 24% overnight and continued to rise over 2% after hours.
Express News | Galaxy Securities: Bullish on the hydropower and nuclear power sectors with high performance certainty and strong dividend capacity in the long term.
Express News | China Yangtze Power: Completion of the transfer of equity and related debts of Qingneng Group.
Express News | This week, leveraged funds heavily invested in stocks, with china yangtze power at the top.
Express News | 193 stocks received financing buy orders exceeding 100 million yuan, with East Money Information receiving the top buy order of 2.054 billion yuan.
China Merchants: The potential performance elasticity of Guoneng Daduhhe exceeds 16%, with capacity growth and joint dispatch providing high growth potential.
With the rapid growth of electricity consumption in the Sichuan-Chongqing region, and the continuous increase in the proportion of local market-oriented trading, the market-based electricity prices in Sichuan hydropower are expected to rise.
Hua Chuang Securities: Bullish on the reconstruction of green electricity valuation order, with a preference for offshore wind with higher certainty.
Looking ahead to 2025, Huachuang Securities' core viewpoint is to focus on the rebuilding of the new order, essentially bullish on the repair of the valuation system of undervalued sectors.
Express News | GEPIC Energy Development: The company's affiliate China Yangtze Power is planning to participate in the subscription for the issuance of stocks to specific entities.
Express News | China Yangtze Power: received equity transfer payment of 3.396 billion yuan.
Express News | Yesterday, 31 stocks had a net buy financing of over 0.1 billion yuan, with chongqing sokon industry group stock net buying 0.64 billion yuan.
China Galaxy Securities: Internal differentiation of 24Q3 fire, water, and nuclear, marginal improvement in green power.
In the third quarter of 2024, the year-on-year growth rate of thermal power performance turned negative, while the year-on-year growth rate of hydropower remains at a high level. Nuclear power continues to maintain a relatively stable performance, and green power shows marginal improvement.
CICC: Profit improvement in clean energy in Q3 24, with bright spots in thermal power operation.
Under the influence of weak wind conditions and the pressure on electricity prices, the revenue of the new energy generation sector only increased by 0.76% year-on-year; while the net income attributable to equity holders decreased by 5.79% year-on-year.
China Yangtze Power (600900): Increased water inflow boosts operating profit, with quarterly gross margin exceeding 70%.
In the first three quarters of 2024, the company achieved revenue of 66.331 billion yuan, a year-on-year increase of 14.65%; achieved a net income attributable to the parent company of 28.025 billion yuan, a year-on-year increase of 30.2%; weighted average ROE is 1.
Research reports | China Securities Co.,Ltd.: China Yangtze Power's operational performance is expected to maintain a stable and robust growth trend, maintaining a "buy" rating.
On October 31, CSC's research reports pointed out that china yangtze power (600900.SH) had a net income attributable to the mother of 28.025 billion yuan in the first three quarters, a year-on-year increase of 30.20%. The main reason for the year-on-year growth in the company's operational performance in the first three quarters is the abundant water inflow. The impact of the year-on-year increase in hydropower generation. The company's pumped storage business continues to advance, having fully taken over the operation and maintenance of Zhejiang Changlongshan pumped storage power station, in addition Zhejiang Tiantai pumped storage power station has completed power production preparations, Chongqing Fengjie Caijiba pumped storage power station has completed investment decisions, hunan Youxian Guanghanping pumped storage power station has completed equity reform and investment decisions. Along with the c
China Yangtze Power (600900): The operation performance is steadily growing, and financial expenses continue to decline.
In the first three quarters of 2024, the company achieved revenue of 66.331 billion yuan, a year-on-year increase of 14.65%; net income attributable to mother was 28.025 billion yuan, a year-on-year increase of 30.20%. The company's operational performance increased year-on-year.
China Yangtze Power Q3 Profit Up 32%, Revenue Rises 17%
china yangtze power (600900): Q3 performance exceeds expectations, Q4 electricity growth may come under pressure
China Yangtze Power released its third quarter report: in the third quarter of 2024, it achieved revenue of 31.522 billion yuan (year-on-year +17.27%, quarter-on-quarter +64.46%), with a net profit attributable to the parent company of 16.663 billion yuan (year-on-year +31.81%,
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