电力及公用事业行业周报：辽宁建立核电差价结算机制板块市场表现低迷但跑赢上证-20260325（13页）.pdf

1、 20260325 EPS PE 2025E 2026E 2025E 2026E 600795.SH 0.41 0.46 12.15 10.83 601985.SH 0.45 0.48 20.31 19.04 600886.SH 0.85 0.94 17.02 15.39 600674.SH 1.02 1.08 15.12 14.28 600163.SH 0.34 0.36 20.15 19.03 001289.SZ 0.76 0.82 25.07 23.23 003816.SZ 0.20 0.21 21.85 20.81 600995.SH 0.44 0.50 35.07 30.86 EPS

2、2025 13.16-3.222.35%1.033000.163.61314-1.78%-0.85%-9.49%-1.19%-2.03%-5.91%-1.42%2(2026.3.20)PETTM19.9520.39202516.642026.3.20PB1.941.9820251.7 3+61.34%+29.27%+26.01%A+25.42%+15.82%-11.39%-12.71%-13.24%-16.07%-20.76%4+12.18%-0.76%-0.88%-1.83%-2.36%-2.44%-3.11%-4.11%-5.08%-5.34%2026 20263205500731/550

3、0K862.65 SACS1070520030003 SACS1070521050001 SACS1070523110002 SACS1070524080003 SACS1070524070005 -9%-4%0%5%9%14%18%23%300 P.2 873.48830.00/2026318TOPCon182/210mm/0.79/0.70/2026.3.16-2026.3.22/4.82 8.8242.440.672026.3.16-2026.3.20CEA426.241.647.120.5CEA80.3181.5881.6480.1880.16/1202650%2 3LCOE 470%

4、5633 /1202594.3%94.8%2026+5%6%2026-02-12 2 2026-02-05 32025+5%2026-01-22 P.3 1.4 1.1.4 1.2.7 2.8 2.1.8 2.2.10 3.10 3.1.10 3.2.10 3.3.11 3.4CEA.12 .12 1 .4 2.4 3-2.35%4.4 4 2025.3.20-2026.3.20.5 5 2025.3.20-2026.3.20.5 6 PETTM.6 7 PBTTM.6 8 3.16-3.22.7 9 3.16-3.22.7 10 3.16-3.22.7 11 2026.3.16-2026.3

5、.20.10 12(5500):/.10 13:5500K:/.10 14 TOPCon/.11 15 2026.3.16-2026.3.22.11 16 2025.12 17 2024-2025.12 18 2026.3.16-2026.3.20CEA.12 19 2024-2026CEA.12 20 2024-2026CEA/.12 P.4 1.1.1 3.16-3.222.35%1.033000.163.61314-1.78%-0.85%-9.49%-1.19%-2.03%-5.91%-1.42%1 2 ifind ifind 3-2.35%4 ifind-3.38%-2.19%1.26

6、%-2.35%-4%-3%-2%-1%0%1%2%300-1.78%-0.85%-9.49%-1.19%-2.03%-5.91%-1.42%-10%-9%-8%-7%-6%-5%-4%-3%-2%-1%0%-2.35%-14%-12%-10%-8%-6%-4%-2%0%2%4%P.5 2025.3.20-2026.3.2016.08%28.41%2%47.96%35.04%12.73%26.9%38.03%42025.3.20-2026.3.20 ifind 52025.3.20-2026.3.20 ifind -20%-10%0%10%20%30%40%50%-20%-10%0%10%20%