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worldseriesofpoker2021| Research report Nuggets 丨 Shanxi Securities: Guodian Power's Q1 performance achieved rapid growth, and it was awarded an "overweight-A" rating for the first time

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Shanxi Securities Research News pointed out that Guodian Electric Power (600795)(600795worldseriesofpoker2021.SH) Net profit attributable to parent company in the first quarter 17worldseriesofpoker2021.85 billion yuan, year-on-year +88.62%. Q1's performance achieved rapid growth, which was generally in line with expectations; the stable and slight decline in revenue was due to slight pressure on on-grid electricity prices, and the high increase in profit was due to improvement in cost, higher-than-expected growth in investment income and no longer included in the consolidated statements after the bankruptcy handover of Baode Shendong. Considering the company'sworldseriesofpoker2021my country has the largest installed capacityworldseriesofpoker2021One of the listed power companies in China, it has strong synergy in coal-electricity integration, strong profitability and resource integration capabilities; and the company has blossomed in multiple locations, and it is expected to achieve improvement in thermal power profitability, restoration of hydropower power generation, and rapid growth in new energy power supply. The first coverage is given an "Overload-A" rating.

worldseriesofpoker2021| Research report Nuggets 丨 Shanxi Securities: Guodian Power's Q1 performance achieved rapid growth, and it was awarded an "overweight-A" rating for the first time