No Data
Guangdong Electric Power Development (000539) Interim Report Review: Performance under pressure as electricity prices fall, while clean energy continues to grow.
Event: The company released the third quarter report of 2024. In the first three quarters of 2024, the company achieved revenue of 42.517 billion yuan, a year-on-year decrease of 5.88%; net income attributable to the mother was 1.467 billion yuan, a year-on-year decrease of 15.0.
Guangdong Electric Power Development (000539): Performance below expectations, waiting patiently for the implementation of Guangdong provincial electricity price agreement.
Executive Summary: In 3Q24, the volume and price of electrical utilities business increased, but performance was dragged down by increased costs; we believe that the current electricity pricing mechanism does not fully reflect the support and adjustment value of thermal power, and we are eagerly awaiting the implementation of the guangdong long-term electricity price mechanism. Investment Highlights: Maintaining a 'shareholding' rating.
Guangdong Electric Power A: Report for the third quarter of 2024
Guangdong Electrical Utilities A (000539.SZ): This year, the increase in sent by Xidian is relatively large, coupled with the impact of new unit additions, the competition level of units in the Guangdong province market has slightly increased.
格隆汇On October 18th, Guangdong Electrical Utilities A (000539.SZ) stated in an investor relations event that, according to Guangdong Electrical Utilities Trading Center data, the average transaction price for bilateral negotiated transactions in Guangdong Province in 2024 was 465.64 yuan/kilowatt-hour, a year-on-year decrease of 15.93%. This year, the increase in electricity from the western grid was significant, coupled with the impact of new unit start-ups, leading to an increase in the competitiveness of generating units in the Guangdong market. In the first half of 2024, the average selling price of electricity on the consolidated financial statements was 539.50 yuan/kilowatt-hour, a year-on-year decrease of 52.36 yuan/kilowatt-hour, with a decrease of 8.85%. Long-term electricity prices for 2025.
Guangdong Electric Power Development's Dongguan Ningzhou Plant Unit Starts Operation
Guangdong Electric's Power Generation Rises 3% in First Three Quarters; Shares Down 3%
No Data
No Data