中国广核: 中国广核电力股份有限公司2026年度跟踪评级报告_股票频道

[2026] 1160
AAA/
AAA
A+H
lbwang@ccxi.com.cn
yyliu@ccxi.com.cn
(010)66428877
(010)66426100
EBIT 263.51 271.20 232.04 --
EBITDA 385.96 405.85 367.99 --
(%) 35.97 37.43 31.99 39.37
(%) 6.39 6.12 4.75 --
EBIT (%) 31.92 34.35 30.65 --
(%) 60.19 61.20 65.15 65.99
(%) 56.40 57.80 62.04 63.42
/EBITDA(X) 5.54 6.18 7.82 --
EBITDA (X) 5.43 5.91 5.47 --
FFO/ (%) 12.59 12.27 8.87 --
--
(%) (%)
/
AAA AAA 49.00/48.99 2025/07/09~2031/07/08
A
AAA/ AAA/ 2025/09/08
C150000_2024_05
M310 2×102.6
M310 2×99.0
CPR1000 2×108.6
CPR1000/ACPR1000 6×108.6
EPR 2×175.0
CPR1000 4×108.9
CPR1000 2×108.6
CPR1000 4×111.9
ACPR1000 2×111.9
(%) 57.3 50.9 56.2 67.2
(%) 89.29 91.47 92.65 --
(%) 85.90 87.97 88.66 --
/ 0.4228 0.4162 0.3803 --
/
WANO 1/4 1/10
FCD 1 2026 4 4 2026
A 49.00
/ 825.49 35.97 789.45 37.43 756.97 31.99
(%) 13.07 13.05 12.34 12.28
EBIT 263.51 271.20 232.04 --
EBITDA 385.96 405.85 367.99 --
(%) 6.39 6.12 4.75 --
(%) 17.53 15.42 15.40 15.30
/ (%) 21.06 19.30 27.72 28.48
(%) 60.19 61.20 65.15 65.99
(%) 56.40 57.80 62.04 63.42
-125.13 -324.48 -323.36 -111.95
-190.88 -66.56 66.77 114.07
EBITDA (X) 5.43 5.91 5.47 --
FFO/ (%) 12.59 12.27 8.87 --
/EBITDA(X) 5.54 6.18 7.82 --
(%) 57.80 62.04 62.49~64.40
/EBITDA(X) 6.18 7.82 8.15~8.40
ESG
AAA
AAA
EBIT 2,635,055.46 2,711,953.75 2,320,433.78 --
EBITDA 3,859,596.12 4,058,464.95 3,679,868.76 --
-1,251,261.37 -3,244,829.33 -3,233,554.86 -1,119,495.76
-1,908,823.80 -665,643.42 667,689.47 1,140,676.84
(%) 35.97 37.43 31.99 39.37
(%) 13.07 13.05 12.34 12.28
EBIT (%) 31.92 34.35 30.65 --
(%) 6.39 6.12 4.75 --
(X) 0.94 0.88 0.66 0.66
(X) 0.67 0.63 0.47 0.48
(X) 2.76 2.41 2.41 1.75*
(X) 6.17 7.54 8.84 8.78*
(%) 60.19 61.20 65.15 65.99
(%) 56.40 57.80 62.04 63.42
/ (%) 21.06 19.30 27.72 28.48
/
(X)
/
(X)
(X)
/EBITDA(X) 5.54 6.18 7.82 --
EBITDA/ (X) 0.86 0.84 0.46 --
EBITDA (X) 5.43 5.91 5.47 --
EBIT (X) 3.71 3.95 3.45 --
FFO/ (%) 12.59 12.27 8.87 --
+ / + +
+
+ + +
+
/
/( +
+ +
/ +
/
+ ×360 / + ×360
/ + ×360 / - ×360 / +
( - )/
+ + +
/
- - - - - -
- - - - + -
EBIT + -
EBITDA
EBIT+ + +
EBIT/
EBIT =EBIT/
/
( +
FFO
+ )
EBIT EBIT/
EBITDA EBITDA/
/
= + + 3 1
[2023]65
BCA
aaa
aa
a
bbb
bb
b
ccc
cc
c
AAA
AA
A
BBB
BB
B
CCC
CC
C
AAA
AA
A
BBB
BB
B
CCC
CC
C
A-1
A-2
A-3
B
C
D
+86 10 6642 8877
+86 10 6642 6100
www.ccxi.com.cn
Address: Building 5, Galaxy SOHO, No.2 Nanzhugan Lane, Chaoyangmennei Avenue, Dongcheng District,
Beijing
Postal Code 100010
Tel: +86 10 6642 8877
Fax: +86 10 6642 6100
Web: www.ccxi.com.cn

证券之星微信

扫描二维码

关注

证券之星微信