国新能源

i问董秘
企业号

600617

主营介绍

  • 主营业务:

    新能源企业的经营管理及相关咨询;天然气开发利用与咨询服务;燃气经营:天然气、乙醇的销售管道输送服务;储气设施租赁服务;集中供热项目的开发、建设、经营、管理、供热系统技术咨询及维修;天然气灶具、仪器仪表设备的生产、加工、销售;信息技术开发与咨询服务;进出口:上述经营项目的进出口业务。

  • 产品类型:

    天然气及煤层气、电力

  • 产品名称:

    天然气及煤层气 、 电力

  • 经营范围:

    新能源企业的经营管理及相关咨询;天然气开发利用与咨询服务;燃气经营:天然气【富含甲烷的】(管道天然气、压缩天然气、液化天然气)、乙醇(乙醇、天然气不含储存、运输)(限于工业生产原料等非燃料用途)的销售(危化品许可证有效期:2020-03-11至2023-03-10)管道输送服务;储气设施租赁服务;集中供热项目的开发、建设、经营、管理、供热系统技术咨询及维修;天然气灶具、仪器仪表设备的生产、加工、销售;信息技术开发与咨询服务;进出口:上述经营项目的进出口业务。(依法须经批准的项目,经相关部门批准后方可开展经营活动)

运营业务数据

最新公告日期:2025-04-15 
业务名称 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
库存量:天然气及煤层气(方) 1.10亿 6700.00万 - - -
天然气及煤层气库存量(方) - - 4400.00万 7500.00万 2800.00万

主营构成分析

按行业分

Created with Highcharts 4.1.7
商业
其他业务

按产品分

Created with Highcharts 4.1.7
天然气及煤层气
电力
其他业务
其他

按地区分

Created with Highcharts 4.1.7
省内
省外
其他业务
2024-12-31
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31
2018-12-31
2017-12-31
2016-12-31
2016-06-30
2015-12-31
2015-06-30
2014-12-31
2014-06-30
2013-12-31
2012-12-31
2011-12-31
2011-06-30
2010-12-31
2010-06-30
2009-12-31
2009-06-30
2008-12-31
2008-06-30
2007-12-31
2007-06-30
2006-12-31
2006-06-30
2005-12-31
2005-06-30
2004-12-31
2004-06-30
2003-12-31
2003-06-30
2002-12-31
2002-06-30
2001-12-31
业务名称 营业收入(元) 收入比例 营业成本(元) 成本比例 主营利润(元) 利润比例 毛利率
按行业商业158.38亿98.10%147.56亿98.90%10.82亿88.42%6.83%
其他业务3.06亿1.90%1.64亿1.10%1.42亿11.58%46.31%
按产品天然气及煤层气154.31亿95.58%143.78亿96.37%10.53亿86.03%6.83%
电力3.17亿1.96%3.25亿2.18%-863.29万-0.71%-2.73%
其他业务3.06亿1.90%1.64亿1.10%1.42亿11.58%46.31%
其他9018.81万0.56%5233.82万0.35%3784.99万3.09%41.97%
按地区省内141.61亿87.71%131.04亿87.82%10.58亿86.39%7.47%
省外16.77亿10.39%16.52亿11.07%2485.28万2.03%1.48%
其他业务3.06亿1.90%1.64亿1.10%1.42亿11.58%46.31%
注:通常在中报、年报时披露 

主要客户及供应商

您对此栏目的评价: 有用 4 没用 0 提建议
前5大客户:共销售了56.66亿元,占营业收入的35.09%
Created with Highcharts 4.1.7
  • 太原燃气集团有限公司
  • 山西燃气产业集团有限公司
  • 山西龙城中石油昆仑燃气有限公司
  • 山西华新定襄燃气有限公司
  • 河北省天然气有限责任公司
  • 其他
客户名称 销售额(元) 占比
太原燃气集团有限公司
22.64亿 14.02%
山西燃气产业集团有限公司
17.07亿 10.57%
山西龙城中石油昆仑燃气有限公司
8.36亿 5.18%
山西华新定襄燃气有限公司
4.41亿 2.73%
河北省天然气有限责任公司
4.19亿 2.59%
前5大供应商:共采购了81.70亿元,占总采购额的57.53%
Created with Highcharts 4.1.7
  • 中国石油天然气股份有限公司天然气销售山西
  • 中石油煤层气有限责任公司
  • 山西长城华新能源有限责任公司
  • 中海石油气电集团有限责任公司山西销售分公
  • 中联煤层气有限责任公司
  • 其他
供应商名称 采购额(元) 占比
中国石油天然气股份有限公司天然气销售山西
29.46亿 20.74%
中石油煤层气有限责任公司
17.57亿 12.37%
山西长城华新能源有限责任公司
12.14亿 8.55%
中海石油气电集团有限责任公司山西销售分公
12.03亿 8.47%
中联煤层气有限责任公司
10.50亿 7.40%
前5大客户:共销售了48.91亿元,占营业收入的31.68%
Created with Highcharts 4.1.7
  • 太原燃气集团有限公司
  • 山西燃气产业集团有限公司
  • 山西压缩天然气集团有限公司
  • 河北省天然气有限责任公司
  • 怀仁中燃能源发展有限公司
  • 其他
客户名称 销售额(元) 占比
太原燃气集团有限公司
24.22亿 15.69%
山西燃气产业集团有限公司
10.90亿 7.06%
山西压缩天然气集团有限公司
5.68亿 3.68%
河北省天然气有限责任公司
4.30亿 2.78%
怀仁中燃能源发展有限公司
3.81亿 2.47%
前5大供应商:共采购了89.73亿元,占总采购额的65.34%
Created with Highcharts 4.1.7
  • 中国石油天然气股份有限公司天然气销售山西
  • 中联煤层气有限责任公司
  • 山西石化格盟天然气销售有限责任公司
  • 中石油煤层气有限责任公司
  • 山西蓝焰煤层气集团有限责任公司
  • 其他
供应商名称 采购额(元) 占比
中国石油天然气股份有限公司天然气销售山西
28.29亿 20.60%
中联煤层气有限责任公司
23.30亿 16.96%
山西石化格盟天然气销售有限责任公司
18.87亿 13.74%
中石油煤层气有限责任公司
11.10亿 8.08%
山西蓝焰煤层气集团有限责任公司
8.18亿 5.96%
前5大客户:共销售了35.15亿元,占营业收入的27.88%
Created with Highcharts 4.1.7
  • 太原燃气集团有限公司
  • 太原天然气有限公司
  • 河北省天然气有限责任公司
  • 陕西液化天然气投资发展有限公司
  • 大同华润燃气有限公司
  • 其他
客户名称 销售额(元) 占比
太原燃气集团有限公司
18.27亿 14.49%
太原天然气有限公司
4.92亿 3.90%
河北省天然气有限责任公司
4.42亿 3.50%
陕西液化天然气投资发展有限公司
4.09亿 3.24%
大同华润燃气有限公司
3.45亿 2.74%
前5大供应商:共采购了72.47亿元,占总采购额的72.48%
Created with Highcharts 4.1.7
  • 中国石油天然气股份有限公司天然气销售山西
  • 中联煤层气有限责任公司
  • 山西石化格盟天然气销售有限责任公司
  • 中石油煤层气有限责任公司
  • 山西蓝焰煤层气集团有限责任公司
  • 其他
供应商名称 采购额(元) 占比
中国石油天然气股份有限公司天然气销售山西
25.01亿 25.02%
中联煤层气有限责任公司
18.18亿 18.18%
山西石化格盟天然气销售有限责任公司
17.69亿 17.69%
中石油煤层气有限责任公司
7.08亿 7.08%
山西蓝焰煤层气集团有限责任公司
4.51亿 4.51%
前5大客户:共销售了13.38亿元,占营业收入的52.54%
Created with Highcharts 4.1.7
  • 太原燃气集团有限公司
  • 原平市天然气有限责任公司
  • 山西国际电力天然气有限公司
  • 孝义市天然气有限公司
  • 大同华润燃气有限公司
  • 其他
客户名称 销售额(元) 占比
太原燃气集团有限公司
6.35亿 24.93%
原平市天然气有限责任公司
2.66亿 10.43%
山西国际电力天然气有限公司
1.68亿 6.58%
孝义市天然气有限公司
1.48亿 5.82%
大同华润燃气有限公司
1.22亿 4.78%
前5大客户:共销售了24.02亿元,占营业收入的54.68%
Created with Highcharts 4.1.7
  • 太原燃气集团有限公司
  • 原平市天然气有限责任公司
  • 山西国际电力天然气有限公司
  • 大同华润燃气有限公司
  • 阳泉华润燃气有限公司
  • 其他
客户名称 销售额(元) 占比
太原燃气集团有限公司
11.69亿 26.60%
原平市天然气有限责任公司
5.09亿 11.58%
山西国际电力天然气有限公司
3.41亿 7.77%
大同华润燃气有限公司
2.01亿 4.57%
阳泉华润燃气有限公司
1.83亿 4.16%

董事会经营评述

  一、经营情况讨论与分析  2024年,公司坚持以习近平新时代中国特色社会主义思想为指导,深入学习贯彻党的二十大、二十届三中全会精神,牢牢把握新一轮国有企业深化改革提升行动指示精神,深入谋划精细化管理,紧紧围绕长输管网、城市燃气、燃气销售、液电调峰、新能源五大业务板块,做实、做优燃气主业,积极拓展新能源业务,持之以恒地提升公司发展质量,向着更高水平稳步迈进。  (一)积极融入全国管网,持续优化管网结构  积极投身构建“全国一张网”宏伟蓝图,融入全国天然气统一大市场。通过构建高压环网、优化中压环网,打通调运堵点和输送瓶颈,进一步提升省内管网与国家管网的互联互通。一是持续加深与国家管网集团合作,... 查看全部▼

  一、经营情况讨论与分析
  2024年,公司坚持以习近平新时代中国特色社会主义思想为指导,深入学习贯彻党的二十大、二十届三中全会精神,牢牢把握新一轮国有企业深化改革提升行动指示精神,深入谋划精细化管理,紧紧围绕长输管网、城市燃气、燃气销售、液电调峰、新能源五大业务板块,做实、做优燃气主业,积极拓展新能源业务,持之以恒地提升公司发展质量,向着更高水平稳步迈进。
  (一)积极融入全国管网,持续优化管网结构
  积极投身构建“全国一张网”宏伟蓝图,融入全国天然气统一大市场。通过构建高压环网、优化中压环网,打通调运堵点和输送瓶颈,进一步提升省内管网与国家管网的互联互通。一是持续加深与国家管网集团合作,利用国家管网榆济线、陕京线等干线优质管容,确保省外业务托运畅通;二是对接国家管网市场部、客户服务中心,高质量完成分散受理、管容释放、日计划、月计划提报、管输费结算等各项操作,为管道气托运业务保驾护航;三是畅通我省资源上下载渠道,全力推进下载事宜。
  (二)优化上游气源结构,拓展下游终端市场
  一是深化与气源单位沟通合作,积极引入更多平价气源,优化资源池结构,同步推进区域管网互联互通,构建泛区域网,形成区域公司规模效应与优势;二是紧密围绕山西省资源型经济转型的产业布局,关注重点产业集群,深入挖掘用户需求,对重点用户和潜在用户展开深度对接。通过“以量换价”的创新营销模式、量身定制“一企一策”的精准销售策略,快速响应不断变化的市场动态。
  (三)提升资源筹措质量,创新业务发展模式
  持续深化销售体制改革,一是稳固原有销售经营方式,通过减少高价气采购量、采用中长期合同采购模式、增加省内煤层气资源采购等方式,降低高价资源对采购均价的影响,有效降低公司综合采购成本,实现资源采购稳价稳量,有效提升抗风险能力,提高企业经营效益;二是不断开发新业务,创新开展售电业务,积极开发代理用户,加强现货市场交易规则的学习、理解和运用,把握市场动态,制定恰当的交易策略,提高整体售电业务收益;三是进一步加深与中石油公司业务合作,提升管网及液化设备利用率,新增存储业务,调节公司气量峰谷差及不平衡系数,转移年度储气业务风险,增加公司利润增长点。
  (四)聚焦高效运营管理,突破液电调峰效能
  一是全面推进平台赋能,完善LNG产采运销一体化平台,扩大市场服务整合能力。通过构建数据与业务平台,完善全链条数据采集与共享体系,推动数据要素赋能生产优化,提升LNG产业链新规模;二是继续推进储气业务市场化。以市场化为导向,完成储气成本精准核算、价格体系构建等前期筹备工作;三是激发电力市场潜力,利用好当前能耗水平与原料气成本竞争优势,继续扩大交易规模,加快燃气机组主营业务市场化转型。
  (五)深耕细耘科技创新,着力推动产学研合作
  始终深入实施国家创新驱动发展战略,深入推进高校产学研合作,持续完善科技创新体系,推动科技创新高质量发展。一是持续推进微藻关键核心技术攻关,为进一步提高科技成果转化效率,实现利用沼气二氧化碳和沼液微藻养殖高效固碳减排科研技术开发产业化;二是探索混合发酵工艺,利用沼气模拟实验室以糠醛渣为原料开展技术研发,开展了牛粪与糠醛渣混合发酵产沼气实测,产气率有效提高。
  (六)彰显国企责任担当,扛起民生保供责任
  公司进一步提高认识、强化措施,层层压紧压实冬季保供主体责任。面对采暖季供气复杂形势,公司组织做好冬供期间设备维护保养、隐患排查整改、应急处置保障等工作。一是与中石化合资平台继续合作开展属地资源销售、虚拟储气、夏储冬采等成熟良性业务,实现冬供资源和经营效益“两手硬”;二是省内市场完善落实“政企联动三方保供”模式,精准把握供需关系动态,迎合市场需求,强化地方经济发展和民生用能双保障,坚决兜牢全省重点用气需求保障,展现国企担当和社会责任。
  (七)强化安全责任落实,筑牢安全生产壁垒
  公司通过燃气业务信息管理系统监查与现场检查相结合的方式,对各管理处、所辖站场、分子公司开展日常安全检查。特别是节假日期间、夏季汛期、冬季保供期等重点时段,着重对第三方施工、采空区、高后果区等区域进行安全检查,不断完善“大安全、大应急”体系,严格落实全员安全生产责任制。同时,采取“人防、物防、技防”的多重措施,深入推进管道安全管理,通过一系列检验检测、重点维护维修以及技术改造,全方位消除设备隐患,有效降低设备故障率,为设备稳定运行提供保障,为业务持续发展奠定坚实基础。
  (八)财资管理提质增效,统筹谋划降低成本
  公司聚焦提质增效,精准管控成本,提升盈利能力,实现量利协同增长。一是梳理新增银行授信,维护并优化授信额度,提前评估公司资金情况,实现融资结构由短期到中长期的优化,切实保障公司资金充足不冗余,确保调度高效;二是全面加强预算管理,寻求新的政策支持和融资支持,通过置换高成本贷款、降低贷款利率、提前归还贷款、上调协定存款利率等方式,降低财务成本,提高资金利用率,降低资产负债率,进一步优化债务结构。
  
  二、报告期内公司所处行业情况
  2024年,全球天然气消费量呈现复苏态势,并创下历史新高。预计2025年天然气需求将继续攀升,这主要得益于亚洲市场的快速增长。与此同时,全球天然气供需平衡依旧脆弱,供应端持续承压,地缘政治紧张局势进一步加剧了价格波动。美国大幅削减了清洁能源投资,并增加了油气领域的投资,这一举措势必对全球天然气价格产生显著影响。自2025年1月1日起,俄罗斯正式停止经由乌克兰境内的管道输送天然气,尽管此举不会立即对欧盟的天然气供应构成直接风险,但将促使欧盟增加液化天然气(LNG)的进口需求,并在年内加剧市场基本面的紧张态势。
  1、美国:2024年,美国天然气消费量达到9460亿立方米,较上年同期增长1.9%(约170亿立方米),这一增长主要得益于电力部门的强劲需求。由于用电需求的激增,电力部门天然气的消费量大幅上升,增幅达到4%(约170亿立方米)。美国天然气产量为10600亿立方米,同比下降0.09%(约10亿立方米)。这一下降主要归因于美国国内天然气市场趋于饱和,需求增长放缓,以及海恩斯维尔盆地和阿巴拉契亚盆地的产量减少。LNG方面,归因于普拉克明和科珀斯克里斯蒂项目的扩建与增产,美国液化天然气出口增长14%(约170亿立方米)。
  2、欧洲:2024年,欧洲天然气消费量达到4900亿立方米,同比增长0.5%(约20亿立方米),由于寒冷气候的影响、风力发电效率的下降以及工业用气需求的增加,欧洲天然气消费量在第四季度恢复增长趋势。LNG方面,2024年全年欧洲的液化天然气进口量同比下降了18%(约300亿立方米)。尽管如此,美国仍然是欧洲最大的LNG供应国,其供应量占欧洲LNG进口总额的47%。
  3、俄罗斯:2024年,俄罗斯天然气产量达到6820亿立方米,同比增长7%(约450亿立方米),这主要得益于管道天然气的强劲出口表现。其中,通过“西伯利亚力量”管道输往中国的天然气量达到310亿立方米。此外,俄罗斯还通过中亚-中心管道系统,经由哈萨克斯坦,增加了对乌兹别克斯坦的管道天然气出口量。俄罗斯的天然气消费量达到5160亿立方米,同比增长4.2%(约210亿立方米)。这一增长主要归因于寒冷气候下居民取暖用气量的增加,以及电力和工业部门对天然气的需求上升。
  4、亚太:2024年,亚太地区天然气消费量增长约5.5%,这一强劲增长主要由中国和印度两大市场的推动,两国天然气消费量在一年内均呈现两位数的显著增幅。在发电、交通运输以及工业用气的推动下,泰国、孟加拉国、巴基斯坦、印度尼西亚、马来西亚等亚洲新兴市场的天然气消费量增长了约2.5%。LNG方面,亚太地区2024年的液化天然气进口量增长了9.3%(约320亿立方米)。其中,中国的进口量增幅为7.7%(约76亿立方米),继续稳居全球首位。印度的进口量增长显著,达到21%(约60亿立方米)。与此同时,亚洲新兴市场的进口量也实现了18%的增长(约84亿立方米)。
  2024年,面对复杂严峻的国际形势以及国内经济运行中出现的新情况和新挑战,国家积极实施逆周期调节政策,促使经济总体上保持了稳中向好的发展态势。全年天然气市场供需形势显著宽松,呈现供需两旺的局面,多项关键指标增幅均创下历史新高。
  2024年,国家持续深化能源安全战略的实施,各大油气企业在勘探、开发及生产等环节的投资也持续增加。国内天然气勘探开发不断向纵深拓展,尤其在陆上深层和海洋深水区域展现出强劲势头。与此同时,页岩气和煤层气开发技术日益成熟,开采效率显著提升。2024年,国内天然气产量达到2464亿立方米,同比增长140亿立方米,增速为6.2%,有效发挥了保供的“压舱石”作用。
  2024年,随着“中俄东线”天然气管道的全线贯通,其年输气能力已提升至380亿立方米,我国管道天然气进口总量因此显著增长。全年管道天然气进口量达到759亿立方米,同比增长89亿立方米,增速达13.3%,为国内天然气市场注入了强劲动力。而LNG方面,2024年LNG进口量达到7694万吨(约合1061亿立方米),较去年同期增加约550万吨(约合76亿立方米),同比增幅为7.7%。
  2024年,国家出台的一揽子增量政策有效提振了消费市场,天然气市场消费也重新步入快速增长轨道。天然气调峰电站、LNG重卡、LNG船舶等项目呈现火爆态势。全年天然气表观消费量达4260亿立方米,增量300亿立方米,增速为8%。
  2024年5月,国家发改委发布了《天然气利用管理办法》,为规范天然气利用,优化消费结构,提高利用效率,促进节约使用,保障能源安全提供了明确的政策指导。
  2024年11月,十四届全国人大常委会第十二次会议审议通过了《中华人民共和国能源法》,明确了能源的定义、能源工作应当坚持的原则、能源监管部门职责等内容;还明确了各级各类能源规划的编制主体、编制依据等;同时对完善能源开发利用制度、加强能源市场建设、健全能源储备体系和应急制度等都作出规定。
  
  三、报告期内公司从事的业务情况
  (一)主要业务
  新能源企业的经营管理及相关咨询;天然气开发利用与咨询服务;燃气经营:天然气、乙醇的销售管道输送服务;储气设施租赁服务;集中供热项目的开发、建设、经营、管理、供热系统技术咨询及维修;天然气灶具、仪器仪表设备的生产、加工、销售;信息技术开发与咨询服务;进出口:上述经营项目的进出口业务。
  (二)经营模式
  长输管网业务:按照销售计划,通过自建长输管线将天然气输送给城市燃气公司、工业用户、液化工厂及热电厂。
  城市燃气业务:通过多源化气源采购,依托城市配气管网,发挥泛区域中压环网优势,匹配用户需求,精准对接下游用户,科学规划、互联互通,输送和分配给城镇居民、商业、工业等用户。从大类别管理衍化成细致化、需求化、营销化的服务型管理模式,形成“常规业务+重点业务”业务模式。
  燃气销售业务:从上游统一采购资源,经管道主体公司长输管网输销至下游城市燃气公司、工业用户、液化工厂及热电厂。在供销链条中,供气按照“日指定,周平衡,月计划”的方式进行,即在确定每月供气计划的基础上,每周进行供气量平衡分配。同时,下游用户或经销商根据用气需求每日上报上一级供应商,上一级供应商根据用气量实际需要进行调度,从而确保各级管道平稳运行。
  液电调峰业务:液电板块主要功能为调峰和储气,夏季启机为全省燃气管网进行调峰,并在入冬前将储罐库存液位拉满,以保障冬季燃气供应,起到削峰填谷的作用,在采暖季出现燃气供应缺口时,启动应急保供预案,向管网用户进行燃气反输。
  新能源业务:通过规模化牧场的畜禽粪污处理与资源化利用,产出生物天然气、沼渣和沼液,生物天然气通过自建燃气管道直供工业燃气用户,沼渣深加工为有机牛床垫料,销售给牧场,沼液是优良有机液肥,通过自建沼液管道还田。
  (三)公司产品市场地位、竞争优势
  1、长输管网板块
  公司全资子公司山西天然气有限公司为长输管网板块主体公司。其主营业务是燃气长输,管网覆盖全省所有地市,在不断优化完善管网基础设施、进一步提升管网整体调运能力的基础上,对全省的天然气综合利用工作实行统一规划、统一建设、统一管理,实现了国家级气源及省内煤层气气源在省内的联通,并与省内其他燃气长输管网公司实现互联互通。目前,全省管网架构基本成型,年输气量占全省用气量的2/3以上,在我省的燃气市场中游环节占据主导地位。
  2、城市燃气板块
  公司全资子公司山西华新城市燃气集团有限公司为城市燃气板块主体公司。其通过多源化气源采购,依托城市配气管网,发挥泛区域中压环网优势,匹配用户需求,精准对接下游用户,科学规划、互联互通,合理分配气源和资金,拓展发展空间,提升经营实力,增加经营效益,供气规模在山西省占主要地位。
  3、燃气销售板块
  公司全资子公司山西华新燃气销售有限公司为燃气销售板块主体公司。其通过统一规模采购成本优势、统一合同量价政策下营商环境公开公平透明优势、国家干线下载优势和省级管网互联互通优势,积极融入新发展格局,不断深耕燃气主业,全方位推动高质量发展。
  4、液电调峰板块
  公司全资子公司山西华新液化天然气集团有限公司为液电调峰板块主体公司。其提供全供应链融合的应急调峰、储气反输、LNG生产及平台运营等一站式LNG产业投资运营服务,是山西省内产储能力最高、调峰保障最强,市场份额最大、产业链最完善的LNG生产运营企业。
  5、新能源板块
  公司全资子公司山西华新同辉清洁能源有限公司为新能源板块主体公司。其以应县生物质能源循环利用项目为依托,通过中温厌氧发酵工艺对当地规模化牧场畜禽粪污进行无害化处理,沼气提纯生物天然气并入燃气管网,沼气提纯后的二氧化碳用于微藻养殖,沼渣处理后用作牛床垫料和有机肥,沼液作为有机液肥通过管道还田,形成了“环境保护-甲烷控制-清洁能源-种养循环-生物固碳”五位一体的生物质能源循环经济全产业链发展。该模式为山西省内首创,在全国范围也具有一定推广意义。
  
  四、报告期内核心竞争力分析
  1、上游气源来源丰富
  公司多年来持续丰富资源结构,在上游资源方面已形成由中石油、中石化、中海油等过境管道天然气,中石油煤层气、中联煤层气等省内非常规天然气等组成的多气源格局。此外,焦炉煤气合成天然气、省际管道天然气将作为补充气源,进一步保障公司天然气业务发展需求。
  2、中游管网覆盖广泛
  公司作为省属燃气旗舰劲旅华新燃气集团旗下核心上市公司,目前是山西省内最大的天然气管网运营企业,负责全省天然气管网的统一规划、建设、运营。在基础设施建设方面,公司已经建成北接内蒙、南连河南、西至陕西、东通河北,连接国家级气源的省级天然气管网5000余公里,覆盖山西省11市104县(市、区),设计管输能力200多亿立方米/年,全省管网供气格局基本成型。
  3、下游辐射规模扩大
  公司以丰富的资源、完善的管网、配套的调峰设施作为支撑,已累计建设中高压管线约2800公里,低压管线约4800公里,覆盖全省8市21县区,逐步形成专业化城市燃气运营管理体系,供气规模在山西省占主要地位。
  4、市场销售体系健全
  公司拥有专业的销售业务板块,完善的销售管理体系,以及覆盖全省、辐射省外的销售网络。建立了集结算、计划、付款、预算等多项职能为一体的运营管理平台,服务质效水平不断提升。
  5、调峰设施配套全面
  截至目前,公司在大同、太原、晋中、临汾、长治等区域建设有储气调峰设施,总储气能力4000余万立方米。此外,公司还配套有3座燃气电厂,总设计装机容量414MW。上述项目为提升管网应急和调峰能力起到了重要的支撑作用。
  6、人才队伍专业突出
  公司拥有一支经验丰富的运营、技术、管理队伍,主要管理层及核心业务人员均具备多年燃气行业从业经验,生产运营及管理经验丰富。此外,公司拥有行业领先的大数据中心、信息化系统,所属子公司获得质量、环境和职业健康安全管理体系认证。
  7、技术研发持续创新
  为持续推动科学研究与技术创新,公司积极致力于新质生产力的发展。截至目前,公司已成功获得山西省重点研发计划项目“基于能源互联网的天然气管网可靠性技术研究”的科技报告收录证书,并圆满完成了“煤矿采动采空区煤层气管道受损规律研究”工作。此外,公司新增“藻菌生物处理沼液装置”和“粪污同步生产微藻装置”两项专利,专利总数已达94项。
  
  五、报告期内主要经营情况
  2024年,经立信会计师事务所审计,公司实现营业收入161.45亿元,较去年同期减少6.12%;归属于上市公司股东的净利润为-3.40亿元,较去年同期减少535.58%;归属于上市公司股东的扣除非经常性损益的净利润为-5.91亿元,较去年同期减少395.01%。
  
  六、公司关于公司未来发展的讨论与分析
  (一)行业格局和趋势
  天然气作为清洁、高效、低碳的化石能源,在能源绿色低碳转型和可持续发展中发挥着重要作用,特别是新兴经济体和发展中国家的工业化进程仍然依赖化石能源。
  国际方面,天然气供需平衡依然处于高度脆弱的状态,供应端持续面临压力。根据国际能源署(IEA)的数据,2024年全球天然气消费量达到42120亿立方米,同比增长2.8%(约1150亿立方米),这一增速超过了过去十年2%的年均增长率。其中,亚太地区成为推动增长的主要力量。而全球天然气产量为41900亿立方米,同比增长1.3%(约560亿立方米)。产量增速低于消费量增速,导致供需缺口进一步扩大,加剧了全球天然气市场的波动性。截至2025年1月1日,俄罗斯与乌克兰的天然气过境协议已正式到期,俄罗斯将停止通过乌克兰向欧洲输送天然气,这将导致俄罗斯输往欧洲的管道气量减少150亿立方米,与此同时,欧洲的天然气库存将迅速下降,为应对库存不足的困境,欧洲不得不增加从美国的液化天然气(LNG)进口量。根据国际能源署(IEA)的预测,欧洲需要在2024年的基础上额外进口210亿立方米LNG,才能基本维持供需平衡,受需求端强劲因素的推动,美国2025年的LNG产量也将大幅增加。
  国内方面,为了促进天然气市场的健康、有序发展,国家发改委发布了《天然气利用管理办法》,明确强调要“充分发挥天然气在新型能源体系构建中的积极作用”。与此同时,全国人大常委会审议并通过了《中华人民共和国能源法》,该法明确指出,国家将采取多种措施,加大对石油、天然气资源的勘探开发力度,以增强国内石油、天然气供应的保障能力。石油和天然气的开发将坚持陆上和海上并重的原则,并鼓励对致密油气、页岩油、页岩气、煤层气等非常规油气资源进行规模化开发。过去五年,我国天然气产量的年均增幅超过135亿立方米,根据行业相关研究预测,到2025年,我国天然气消费量预计将达到4560亿立方米,产量预计为2690亿立方米,进口量预计为2000亿立方米。
  省内方面,山西省非常规天然气资源量约为20万亿立方米,约占全国天然气总量的8%。2024年,山西省深入贯彻落实中央《关于在山西开展能源革命综合改革试点的意见》,大力推动非常规天然气增储上产,年度产量达167.2亿立方米。其中,煤层气产量创历史新高,达到134.3亿立方米,约占全国同期产量的80.6%。未来,山西省将继续加大勘探开发技术攻关,推动深层煤层气产能建设,进一步提升资源保障能力。
  (二)公司发展战略
  1、长输管网板块布局
  进一步做精长输管网业务,持续优化管网布局,完善管网枢纽功能,更好地承担起省内天然气管网的统一建设和运营职责。逐步构建起辐射京津冀及中西部地区的管网枢纽,为全省能源革命综合改革试点以及打造全国非常规天然气基地提供有力支持。
  2、燃气销售板块布局
  进一步强化燃气销售业务,持续深化销售体制改革,加速构建统一开放、竞争有序、监管有效、运行高效的燃气销售体系,全面打造上游多气源供应、下游多主体消纳的市场格局,为燃气全产业链的稳健发展提供有力支撑。
  3、城市燃气板块布局
  深入发展城市燃气业务,强化工业园区、高新技术开发区等多元应用场景的培育与开发工作,持续巩固产业发展基础。同时,积极拓展对外战略合作,深度挖掘市场潜力,以提升终端燃气业务规模和资产质量。
  4、液化工厂和燃气电厂板块布局
  进一步拓展液化天然气工厂与燃气电厂的业务范围,持续完善液化天然气(LNG)的生产、运输、储存、销售一体化管理体系,提升液化产业的集约化水平及储气调峰能力。积极与行业主管部门进行对接,持续优化电力市场化交易。
  5、综合能源板块布局
  紧随全球能源结构向更清洁、低碳、安全、高效方向转变的趋势,以产业政策为导向,以综合能源发展为切入点,推动电力产品交易,探索生物质能源循环经济全产业链模式,拓展发展空间。
  (三)经营计划
  2025年是“十四五”收官、“十五五”开局的衔接之年,公司将继续增强工作的预见性、主动性、创造性和有效性。要坚定信心不动摇、锚定目标向前进,牢牢把握国有企业深化改革机遇期,继续夯实降本增效、资本运作、合规经营、对外合作等方面工作,持续推动企业高质量发展。
  1、提升资源获取能力,保障气源供给安全
  公司将借助央地企业合资合作平台,与上游供气企业加强合作,以双赢、稳定的供应合作关系为目标,合理控制非常规天然气资源采购价格,优化资源采购结构,降低对储气库的依赖度;拓宽非常规天然气采购渠道,创新供应商合作模式,提升资源获取能力,提高煤层气入网量,构建多层次的天然气“产供储销”体系和应急储备体系。
  2、推进区域专业整合,完善智慧城燃建设
  一是有序推进区域专业一体化,逐步打造形成“一区域、一主体、一平台、全省一盘棋”的城燃经营格局。按照“先行托管、重点培育、逐步并购”的思路,细化完善城燃企业板块化整合方案。发挥区域协同效应,抢抓市场机遇,及时调整用户开发、保量促收策略;二是稳步推进数智化建设,完善智慧城燃平台系统,有效汇集城燃供气、客服、生产等业务系统数据,实现可视化实时监控管理。通过输差管理模型,超限自动预警,定点现场排查,提前对输差和可能发生漏气等现象做出有效应急反应,加强源头控制。
  3、夯实安全生产基础,筑牢安全生产防线
  持续提升安全管理水平,坚持“安全第一、预防为主、综合治理”的安全生产方针,不断完善安全管理体系,将安全责任细化到岗位和个人,确保安全工作“事事有人管、人人有专责”。
  持续强化员工安全意识培养,营造浓厚安全文化氛围,为公司稳定运营筑牢坚实的安全防线,保障员工生命财产安全和企业可持续发展。
  4、拓展新能源市场,积极拓宽发展路径
  一是持续推进生物质项目“延链、补链、强链”,实现生物质能源循环经济产业链的低碳化延伸;二是继续深入推进绿色种养循环项目,依托生物固碳中心,优化现有微藻固碳生产工艺系统,培养微藻养殖技术人员,推动科技成果产业化;三是总结畜禽粪污资源化项目的成功经验,重点推进清徐县循环经济环卫产业园绿气收集利用项目、阳曲县有机固废无害化处置绿气收集利用项目。以沼气资源收集、提纯、销售为主要业务链条,在省内打造“绿色天然气”“绿色二氧化碳”以及“甲烷减排”的产业品牌,创新合作模式、减少运营成本,在全省各地推广有机固废沼气资源开发业务,培育新质生产力。
  5、稳步推进项目建设,持续优化管网结构
  按照战略规划,为进一步提升管网利用率,结合资源配置增量和市场需求分布,2025年将继续推进吉县—延长输气管道项目、盐湖—平陆—三门峡输气管道等省际联络管线项目,蒲县站、割麦首站、黎城站改造项目,持续推进我省输气管网与国家管网及毗邻省份管道的互联互通,优化结构布局,提升管网的运行效率和供应保障能力,实现区域化稳定运行及输配能力的快速增长。
  6、布局科技创新平台建设,提升科技创新能力
  围绕公司提质增效战略部署,拟开展研究课题,并加强与高等院校的产学研合作,不断提升企业科技创新能力。一是针对煤层气颗粒物对管件影响开展燃气气质及管网安全运行研究,明确煤层气颗粒物对冲蚀作用的影响规律,建立相应的评价体系,制定相应防范措施和应急预案。二是开展“采动塌陷区干线油气输送管道沉降防治技术研究”项目,研究采动过程中地表沉陷规律,制定管道沉降预警和应急防治方案,研发油气管道应力应变智能矫正装备,并应用于塌陷区的输送管道应急处置。
  (四)可能面对的风险
  1、产业政策的风险
  随着国家“双碳”目标的提出,以及能源低碳绿色转型政策的驱动,未来国家在能源产业政策上会逐步向新能源领域倾斜,可能对天然气利用的市场发展产生影响。
  2、市场竞争风险
  随着国家油气体制改革和全国统一大市场的持续推进,燃气上下游领域将迎来更开放的市场环境,更多市场主体将参与到燃气产业链的各个领域,将进一步加剧市场竞争。
  3、价格波动风险
  全球能源格局深度调整,受俄罗斯停止通过乌克兰的管道天然气输送,美国增加液化天然气(LNG)出口等因素的影响,预计市场仍将处于紧平衡状态,并对天然气价格波动产生一定影响。
  4、安全生产风险
  天然气具有易燃易爆的特性,一旦燃气设施发生泄漏,极易引发火灾、爆炸等严重事故。此外,日常使用操作不当、燃气设施质量问题等因素也可能导致安全事故的发生。
  5、能源替代风险
  国家对分布式光伏、抽水蓄能等可再生能源的政策扶持和引导力度逐步加大。与此同时,短期内石油、煤炭等传统能源仍将扮演“压舱石”和“稳定器”的关键角色,这在一定程度上影响了天然气的推广和应用。 收起▲

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20240417
20240702
20240912
20241123
20250203
20250416
2.0
2.5
3.0
3.5
4.0
4.5
2.0
2.5
3.0
3.5
4.0
4.5
美元/百万英热单位
元/股
序号股票代码股票名称主营产品主营比例总股本流通股本净利润每股收益
1600777ST新潮石油及伴生天然气100.00%68.00亿63.66亿16.52亿0.2429元
2300483首华燃气天然气业务100.00%2.69亿2.59亿-0.78亿-0.2920元
3600759洲际油气油气销售100.00%41.49亿41.44亿1.56亿0.0394元
4600681百川能源燃气98.81%13.41亿13.40亿1.72亿0.1284元
5001331胜通能源LNG销售业务98.11%2.02亿0.50亿0.24亿0.1200元
6600903贵州燃气天然气销售和安装97.65%11.50亿11.50亿1.24亿0.1100元
7002356赫美集团服饰97.29%13.11亿13.11亿-0.32亿-0.0243元