Huaneng International 6.1 billion shares of restricted shares April 19 lifted

NetEase Financial April 14 News Huaneng International (600011) Wednesday evening Notice that the company's 6.122 billion-share restricted shares will be listed this April 19, the release of the restricted shares of about 43.56% of the company's total equity.　　After the lifting of the restricted stock, the company still has 1.5 billion shares of restricted stock. Huaneng International 2010 realized a profit of 3.35 billion yuan, down 32% (1.58 billion yuan). Singapore business contribution profit of 691 million yuan (accounted for 21%), an increase of 18% (105 million yuan). Earnings per share of 0.28 yuan.　　We estimate recurrent net profit of 3.22 billion yuan, down 43% year-on-year. Southwest Securities Research and Development Center chief strategy analyst coupling Beams said, thermal power companies face a general characteristic is the performance decline is more obvious, such as Huaneng International 2010 Year's performance than 09 also slipped 30%, roughly in 09 many enterprises is basically a trough, but as a thermal power enterprise it is worse than 09, That is to say, the increase in electricity generation cannot make up for the pressure of rising coal prices to swallow its performance, which is a common phenomenon in thermal power enterprises. However, Huaneng International, the company in December last year just completed a-share and H-shares of the additional, it is mainly to do what? Part of the money is invested in thermal power projects, part of the investment in wind power projects, which means that it is also involved in the new energy sector as a thermal-power enterprise, and it is also a company with H-shares, which compares with the AH shares, which are higher than the H-shares, which currently share shares of 4.5 yuan 4 Hong Kong dollars, A-Share is 5 yuan 5 RMB, there is a premium. So I think it is more than 10 times times the price/earnings ratio.　　Distribution, the annual report is divided into 10 2 yuan, 5 dollars to calculate the share price for your two cents is also higher than the term deposit dividend rate, I think the pursuit of low-risk investment funds still attractive. Huaneng International A-share a small concussion today, turnover shrank. Responsible Editor: NF018