The Yangtze River Power is a global leading stock. As long as the river water is still flowing, the companys business can run. The certainty is high. It can hold the target of more than 30 years.The leading stocks of new energy power generation, , carbon neutrality is a large direction, and energy is indispensable, so the Three Gorges Energy can also hold the target of more than ten years, so as an investment in pension stocksWho is better?
First: Better
Three Gorges Energy: The controlling shareholder is China Yangtze RiverThree Gorges Group Co., Ltd., the actual controller is the State -owned Assets Supervision and Administration Commission of the State Council
Changjiang Power: The controlling shareholder is China Yangtze River Three Gorges Group Co., Ltd.Division
Second: Comparison Sales Simage
Three Gorges Energy: New energy sourcesThe leader in the power generation industry is mainly wind power and photovoltaic power generation. In 2023, the companys new installation scale exceeded 13.5GW, and the total installation machine exceeded 40GW.In 2023, the company completed a total of 55.179 billion kilowatt -hours of total power generation. Among them, Lufeng, sea breeze, and photovoltaic were completed by 263.50, 126.06, and 15.354 billion kWh, respectively.
Yangtze River Electricity : Lotid water and electricity stocks, natural monopolies, high quality and scarce hydropower assets.At present, the installed capacity of hydropower is 71.7GW, and the target of power generation in 2023 is 306.4 billion kWh.
Third: Better
Three Gorges Energy: Under the significant improvement of the companys revenue and net profit, it has remained rapidly growing. In the future, energy storage construction is actually conducive to the stability of new energy performance.The agency expects the Three Gorges Energy to have a compound growth rate of about 17%in the next two years.IMG#0->
Yangtze River Power: Injecting with black injection in 2023, the installed capacity achieves the steps and increase the comprehensive water utilization rate of each power station.The power generation is improved.The institution expects the revenue growth rate of Yangtze River power in the next two years, with a profit growth rate of about 9%. By 2025, Yangtze Electric Power revenue will reach 89.8 billion yuan, and its net profit will reach 36.2 billion yuan;
Fourth: Comparison of valuation
Three Gorges Energy: The current price-earnings ratio is 14 times,The market ratio of 1.61 times, the dividend rate of 1.63%
Yangtze River Electric: The price -earnings ratio was 18 times that year, the net net ratio was 3.1 times, the dividend rate was 3.2%
Three Gorges Energy is exactly the same as the background of the Yangtze River Electric Power shareholders. The Yangtze River Electric Power is the leader of hydropower, the Three Gorges Energy is a new energy power leader such as wind power photovoltaic.Among them, the growth of the Three Gorges is better than the Yangtze River power, and the valuation of the Three Gorges is lower. However, the current dividend of the Three Gorges energy is slightly lower.
