中金发布研报指出，3Q24新签订单快速放量，哈萨克斯坦和煤化工项目贡献增长。公司3Q24新签订单234亿元，2024年前三季度新签订单总值达到735亿元，同比增长66%，截至九月底在手订单量1,657亿元。其中，新签订单中海外订单和新型煤化工是亮点。Sinopec SEG (02386) rose by over 3%, as of the time of publication, it increased by 2.91%, closing at 5.65 Hong Kong dollars, with a turnover of 6.547 million Hong Kong dollars.
According to the China Economic APP, Sinopec SEG (02386) rose by over 3%, as of the time of publication, it increased by 2.91%, closing at 5.65 Hong Kong dollars, with a turnover of 6.547 million Hong Kong dollars.
On the news front, Sinopec SEG issued an announcement. As of the nine months ended September 30, 2024, the total value of newly signed contracts by the group was 73.457 billion yuan, an increase of 65.6% from the nine months ended September 30, 2023, which was 44.359 billion yuan; as of September 30, 2024, the group's uncompleted contract amount was 165.773 billion yuan.
CICC released a research report pointing out that new orders surged in 3Q24, with growth contributions from projects in Kazakhstan and coal chemical industry. The company's new orders in 3Q24 amounted to 23.4 billion yuan, bringing the total value of new orders in the first three quarters of 2024 to 73.5 billion yuan, a year-on-year increase of 66%, with an order backlog of 165.7 billion yuan as of the end of September. Among the new orders, overseas orders and new coal chemical projects are the highlights.
According to the company's announcement, key orders since 3Q24 include: a 1.25 billion US dollars EPC general contracting contract for the Silleno Petrochemical Complex project in Kazakhstan; a 0.177 billion US dollars EPC general contracting contract for the SABICAMIRAL tank area project in Saudi Arabia; and a 2.427 billion yuan EPC general contracting contract for the methanol-to-olefin unit of a 0.8 million ton ethylene project in Inner Mongolia. The bank believes that the company's full-year new orders are expected to exceed the initial guidance of 60 billion yuan domestically + 3 billion US dollars overseas.