Thermal power performance decline, favorable nuclear power constantly
Thermal power and nuclear power reform or new action. According to media reports, China will consider the current eight major thermal power enterprises and nuclear power enterprises through mergers and reorganization of 3. One option is to restructure and merger for Shenhua, Datang China Guangdong Nuclear Power Company; the Huadian, Guodian and CNNC merged into one company; and China Huaneng Power Investment will be merged into a company.
Thermal power and nuclear power reform are expected to be new action
According to media reports, China will consider the current eight major thermal power enterprises and nuclear power enterprises through mergers and reorganization of 3. Eight enterprises total assets of nearly 5 trillion and 900 billion yuan (855 billion U. S. dollars). One option is to restructure and merger for Shenhua, Datang China Guangdong Nuclear Power Company; the Huadian, Guodian and CNNC merged into one company; and China Huaneng Power Investment will be merged into a company.
Media quoted insider said, the official has consulted the relevant enterprises on this option, this option is not the final program, there may be variables. In response, Huadian declined to comment, and a spokesman for Shenhua failed to comment immediately, and several others did not respond.
In March this year, Xiao Yaqing, director of the SASAC, has suggested that in 2017 to further promote the restructuring of the central enterprises. He said that in the iron and steel, coal, heavy equipment, thermal power and other aspects, not restructuring, certainly not. Prior to this, the field of thermal power and nuclear power has frequently come news of the reorganization, Shenhua has separately and the China Guangdong nuclear power, Datang have reported the news of marriage.
Shenhua and Naka Hiro are all super energy groups under the authority of the state council. Shenhua is the world's largest coal suppliers, China Guangdong nuclear power is the world's largest builder, China largest operators of nuclear power, Datang is one of the five major state-owned power group Chinese.
In July 21st last year, the media have reported that Shenhua is seeking and cnpec merger. But then cnpec responded that the current China Guangdong Nuclear Power Group and Shenhua Group did not carry out the merger and reorganization of the work, nor from any government departments of the merger and reorganization of information. In March this year, there were media reports that Datang Power Generation (601991) and China Shenhua (601088) to merge, but then China Shenhua said, did not receive news.
The analysis thinks, inject nuclear assets to the traditional thermal power enterprises, the overall layout may contribute to the stability of these enterprises, so that these enterprises have to reduce the over reliance on coal and power tools; the newly created company after the merger may almost overnight become "too big to fail" company.
Stimulated by news, yesterday, the electricity sector has become a sharp rebound in the market, Datang Power (601991) limit, Huayin power (600744), Huaneng International (600011) rose more than 6%.
Thermal power enterprises in Waterloo suffered or forced reform
Thermal power sector in 2016 as a decline in performance, the hardest hit". 2016, supply side reform push up coal prices, superimposed coal-fired benchmark benchmark electricity prices, power generation plans further liberalized, resulting in a substantial reduction in transaction prices. Coupled with a significant decline in utilization of power generation equipment hours, so that thermal power enterprise performance decline significantly.
CEC said executive vice president Yang Kun on 2016 before the profits of coal enterprises fell cliff style, five power group coal profits fell 68.6% in 2017; the coal overcapacity risk, coal-fired power generation enterprises or facing comprehensive loss.
The analysis thinks, inject nuclear assets to the traditional thermal power enterprises, the overall layout may contribute to the stability of these enterprises, so that these enterprises have to reduce the over reliance on coal and power tools; the newly created company after the merger may almost overnight become "too big to fail" company.
Stimulated by news, yesterday, the electricity sector has become a sharp rebound in the market, Datang Power (601991) limit, Huayin power (600744), Huaneng International (600011) rose more than 6%.
Thermal power enterprises in Waterloo suffered or forced reform
Thermal power sector in 2016 as a decline in performance, the hardest hit". 2016, supply side reform push up coal prices, superimposed coal-fired benchmark benchmark electricity prices, power generation plans further liberalized, resulting in a substantial reduction in transaction prices. Coupled with a significant decline in utilization of power generation equipment hours, so that thermal power enterprise performance decline significantly.
CEC said executive vice president Yang Kun on 2016 before the profits of coal enterprises fell cliff style, five power group coal profits fell 68.6% in 2017; the coal overcapacity risk, coal-fired power generation enterprises or facing comprehensive loss.
Compared with the decline in thermal power enterprises performance, China's nuclear power enterprises are ushering in good. The first is the day before the "Hualong No.1" (reactor pressure vessel) hydraulic test success marks the third generation of nuclear power China enterprises have the ability to design and manufacture completely independent. Secondly, with the resumption of bidding for domestic nuclear power in 2016, leading enterprises have been gaining orders, this trend is expected to be more pronounced in 2017. Finally, The Belt and Road International Cooperation Forum will be held on May, China is expected to take the opportunity to accelerate nuclear power enterprises "going out".
On the corporate level, China's nuclear construction (601611) in the first two months of this year, the new contract amount of 4 billion 540 million yuan, an increase of 48.7%, showing a strong constant momentum. Nuclear power in the Taiwan Strait 12 evening announcement, the main pipe and the fluctuation of Zhangzhou, Hainan officially bid Fujian Changjiang nuclear power project two tube equipment procurement project, highlighting its strong technical strength.
Jiangsu Shentong (002438) said in the 2016 annual report, it is expected that a new round of nuclear power valve equipment demand is coming, the company is facing rare opportunities for development in the field of nuclear power valve, and strive to 2017 revenue growth of 30%, net profit growth of 30% to 50%.
In 2016, China nuclear power (601985) business and profits to achieve steady growth, operating income of about 30 billion 9 million yuan, compared with 2015 growth of 14.53%; net profit of about 8 billion 108 million yuan, an increase of 14.06% compared to 2015; the company's total assets of more than 282 billion yuan, an increase of 14.53% compared to 2015; the basic earnings per share of 0.288 yuan, representing an increase of 3.6%. China nuclear general manager Zhang Tao said, in 2016, Chinese nuclear power actively respond to the downtown pressure on the economy increase, the power of market demand and other unfavorable situation, the good results were achieved in the safe production, business development, cost control, market development, corporate governance, public communication etc.
