24 年4 月起我们围绕海风行业开启了系列研究,本篇报告作为海风巡礼系列第4 篇,我们将视角聚焦于河北省的省属运营平台新天绿能,分析公司在海风方面的先发优势与中长期的发展前景。同时,以一年时间维度看,在股权激励的指引下,我们强调公司在24 年业绩承压背景下25 年的增长弹性,公司当前分红率较高,我们重点提示港股股息率的性价比。短期:24 业绩承压、股权激励指引乐观,看好25 年业绩增长弹性。24 ...
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