南山铝业2024三季报点评：氧化铝量价齐升、业绩亮眼三季度再分红回报股东

西部证券10-29

事件：公司公告三季报，2024 年前三季度实现营收242.26 亿元、同比增长11.70%；归母净利润34.90 亿元、同比增长62.94%；扣非后增长64.23%。氧化铝量价齐升，三季报业绩亮眼。根据公司公告，2024 年前三季度实现营收242.26 亿元、同比增长11.70%；归母净利润34.90 亿元、同比增长62.94%；扣非后归母净利润为34.09 亿元、同比增长64.23%；经营性净...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2479044553?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2024-10-29 00:00","share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","id":"2479044553","market":"sh","top_or_hot":-1,"title":"南山铝业2024三季报点评：氧化铝量价齐升、业绩亮眼 三季度再分红回报股东","media":"西部证券","content":"<div>\n<p>事件：公司公告三季报，2024 年前三季度实现营收242.26 亿元、同比增长11.70%；归母净利润34.90 亿元、同比增长62.94%；扣非后增长64.23%。氧化铝量价齐升，三季报业绩亮眼。根据公司公告，2024 年前三季度实现营收242.26 亿元、同比增长11.70%；归母净利润34.90 亿元、同比增长62.94%；扣非后归母净利润为34.09 亿元、同比增长64.23%；经营性净...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2024102913314895bd7d22&s=b\">网页链接</a>\n\n</div>\n","source":"tencent","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>南山铝业2024三季报点评：氧化铝量价齐升、业绩亮眼 三季度再分红回报股东</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n南山铝业2024三季报点评：氧化铝量价齐升、业绩亮眼 三季度再分红回报股东\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-29 00:00 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2024102913314895bd7d22&s=b><strong>西部证券</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>事件：公司公告三季报，2024 年前三季度实现营收242.26 亿元、同比增长11.70%；归母净利润34.90 亿元、同比增长62.94%；扣非后增长64.23%。氧化铝量价齐升，三季报业绩亮眼。根据公司公告，2024 年前三季度实现营收242.26 亿元、同比增长11.70%；归母净利润34.90 亿元、同比增长62.94%；扣非后归母净利润为34.09 亿元、同比增长64.23%；经营性净...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2024102913314895bd7d22&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1934453819.USD","symbol_name":"AB CHINA A SHARES EQUITY PORTFOLIO \"A\" (USD) ACC","start_time":0,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2024102913314895bd7d22&s=b","article_id":"2479044553","we_media_id":null,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2024102913314895bd7d22&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, .wx-sou","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2479044553","pubTimestamp":1730131200,"sourceInfo":{"source_id":"tencent","name":"腾讯"},"weMediaInfo":null,"summary":"氧化铝量价齐升，三季报业绩亮眼。根据公司公告，2024 年前三季度实现营收242.26 亿元、同比增长11.70%；归母净利润34.90 亿元、同比增长62.94%；扣非后归母净利润为34.09 亿元、同比增长64.23%；经营性净现金流为47.09 亿元、同比增长49.78%，增长主要来自于公司印尼氧化铝项目量价齐升，大宗商品铝价、氧化铝价格高位运转，铝产品海外需求逐步恢复，公司产品结构调整所致。2024 年中报、三季度连续分红，重视股东回报。","collect":0,"end_time":0,"defaultTopTitle":"qq.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"600219":"南山铝业","LU1934453819.USD":"AB CHINA A SHARES EQUITY PORTFOLIO \"A\" (USD) ACC","BK0188":"融资融券","BK0012":"证金概念","LU1979443071.USD":"AB CHINA A SHARES EQUITY PORTFOLIO \"AD\" (USDHDG) INC","BK0233":"有色加工","BK0028":"国家队"},"translate_title":"Comments on Nanshan Aluminum's 2024 third quarterly report: Alumina volume and price both rise, performance is outstanding, and dividends will be returned to shareholders in the third quarter","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"600219":1},"content_text":"事件：公司公告三季报，2024 年前三季度实现营收242.26 亿元、同比增长11.70%；归母净利润34.90 亿元、同比增长62.94%；扣非后增长64.23%。氧化铝量价齐升，三季报业绩亮眼。根据公司公告，2024 年前三季度实现营收242.26 亿元、同比增长11.70%；归母净利润34.90 亿元、同比增长62.94%；扣非后归母净利润为34.09 亿元、同比增长64.23%；经营性净现金流为47.09 亿元、同比增长49.78%，增长主要来自于公司印尼氧化铝项目量价齐升，大宗商品铝价、氧化铝价格高位运转，铝产品海外需求逐步恢复，公司产品结构调整所致。其中Q3 单季度实现营收85.59 亿元、同比增长19.06%；归母净利润13.01 亿元、同比增长57.00%；扣非后归母净利润为12.52 亿元、同比增长57.18%；毛利率为25.54%、同比提升2.52 个百分点；净利率为18.55%、同比提升5.59 个百分点。价格方面，根据公司三季报内容，2024 年第三季度国内氧化铝均价为3916 元/吨左右，较去年同期上涨37.49%；海外氧化铝市场均价为505 美元/吨左右，较去年同期上涨48.96%；铝锭均价为19554 元/吨左右，较去年同期上涨4.21%。2024 年中报、三季度连续分红，重视股东回报。1）2019-2023 年，公司分红金额分别为5.98、6.57、10.28、4.68、14.05 亿元，占比当年归母净利润分别为36.85%、32.06%、30.14%、13.31%、40.44%；2）2024 年8 月，公司公告《2024-2026 年股东分红回报规划》，承诺2024-2026 年度每年以现金方式分配的利润不少于当年实现的可分配利润的40%；3）2024H1，公司进行半年度分红，分红金额为4.68 亿元，占比上半年归母净利润为21.38%；4）公司公告2024 年三季度利润分配预案，拟向全体股东按每10股派发现金红利0.40 元（含税），年内累计现金分红比例为26.77%。盈利预测：我们预计2024-2026 年公司EPS 分别为0.38、0.39、0.43 元，PE 分别为11、11、10 倍，维持“买入”评级。风险提示：汽车销量和铝的下游需求不达预期、原材料扰动、竞争恶化等","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2479044553"}

南山铝业2024三季报点评：氧化铝量价齐升、业绩亮眼 三季度再分红回报股东

精彩评论

南山铝业2024三季报点评：氧化铝量价齐升、业绩亮眼三季度再分红回报股东