煤炭开采“五宗最”之换个角度看财报:上市煤企全解析(二)

国盛证券有限责...
09 May

谁是“现金王”?自2016 年供给侧改革以来,在行业高景气度背景下(尤其2021 年~2022 年所经历的超级景气周期),煤企历史负担已明显减轻,虽然2024 年初至今煤价持续下行,但部分公司账面类现金(货币资金+交易性金融资产)远大于付息债务。截至2025Q1 末:账面净现金排行前5 的是:中国神华、陕西煤业、晋控煤业、中煤能源、潞安环能;“账面净现金/2024 归母净利”代表公司持续且稳定的...

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