Category: Money tips Release Date: 2007-02-26
Source: Department of Finance is
The second coal linkage policy has been fully implemented beginning in June, the national average electricity price increase 1.174 cents / kWh, the average sales price increased 2.494 cents / kWh, electricity business performance will be a further growth in the second half began . G TB (600.78 thousand) is the leading electricity enterprise in Shanxi Province, to benefit from coal linkage is expected to increase 300 million yuan yuan, and received the favor of social security funds, investors should focus on the follow-up Quotes.
Hot topics 1: regional energy leader, six times the size of the expansion.
G TB (600.78 thousand) as its leading enterprise of China's energy industry in China Academy of Social Sciences published in 2004 in the Enterprise Competitiveness Index Ranking, ranked second in the energy power industry, the industry is extremely significant competitive advantage. The company's largest shareholder is powerful Shanxi International Power Group, the company's development has provided strong support. In recent years, the company has successively held by the transferee of the parent company of Shanxi Hepo 80% of the interests of power companies and Shanxi Huaneng Power Company 40% Yushe interest, especially in the successful acquisition of the total assets of 3.558 billion yuan in Shanxi Province, the sun power 90 % stake, after a six-fold expansion of production scale, in Shanxi province's market share increased to 13.46%, so that the company's regional dominance more pronounced.
Hot topics 2: coal linkage benefit is expected to increase 300 million.
Company's main business income of the first half of 1.05 billion and net profit of 74.8 million yuan, 0.086 yuan per share earnings, belongs to the typical blue-chip energy stocks. Worth noting is that China last year, May 1 has been implemented for the first time coal linkage policy, the average electricity price per kilowatt-hour increased 0.53 points, so that main business revenue last year compared with the diameter increased by 1.1 billion, the company's business performance had a positive impact. The company introduced last June from the second coal linkage policy, the average electricity price per kilowatt-hour increased 1.64 points in price increases is the first time three times the coal linkage is expected to increase from more than 300 million yuan, will greatly improve the company's level of profitability in the second half. In addition, the company is located in China's coal-rich Shanxi Yangquan Coal Mine area, the main power plant also belongs to a rare pit generation, and with the local state-owned large coal enterprises have a long-term good relations of cooperation, in the second half cut coal price per ton of 10 -- 20 yuan, the cost advantage of more outstanding.
Hot topics III: major shareholders 500 million heavily overweight, underweight for five years.
State Electric Company's controlling shareholder with 500 million yuan in Shanxi huge amounts of money holdings of 181 million shares of company shares, accounting for the company's total share capital of 20.81%, the proportion of its shareholding to 46.39%. This is also the non-tradable share reform shareholders to fulfill commitment, through the secondary market the highest proportion of holdings of shares of listed companies stocks. At the same time, large shareholders also committed to the original holders of the legal person shares will not be changed within five years after the completion of stock traded, so long limited sale also fully illustrates the commitment of major shareholders of the company's strong confidence in the future.
Hot topics 4: Social Security Shigekura, low-cost pulled around the corner.
The secondary market, the social security fund to continue to personally manage the portfolio of 002 Masukura, has become the largest circulation of the company shareholder, to fully explain its continued good development of the company. From the trend of the analysis, the unit began with the broader market by the end of July from the rapid adjustment, but the turnover shrunk dramatically, the market mentality Xishou clear, at present, after a steady upward proven support, afternoon Quotes worth investors focus on.
