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Integrated petrochemical-to-polyester producer refining crude and making PTA/polyester fiber, mistagged by exchange data as a utility.
Integrated petrochemical-to-polyester producer refining crude and making PTA/polyester fiber, mistagged by exchange data as a utility.
In one line: China's a smaller Hengli Petrochemical.
Moat: narrow (scale, cost advantage). Refining-to-fiber vertical integration lowers feedstock costs versus non-integrated polyester makers.
Headquarters: Suqian, China · Founded: 1994 · Employees: 27,878
Size Jiangsu Eastern Shenghong (000301.SZ) is a China Utilities company (Electric Utilities) with a market value of $10.3B, the 242nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥10.41 on 6 Nov 2026.
Performance Over six months the shares fell 21.6%, against -2.5% for the median peer and -16.4% for the China market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue grew 3.9% over the last twelve months (peer median +7.2%); the operating margin is 7.1% (peer median 14.9%).
Valuation It trades at 12.4× forward earnings against a peer median of 17.3× (7th cheapest of 19).
Price implies For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +28%, so the hurdle is -30 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.2 points above its cost of capital (5.4% WACC).
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥126B | CN¥117B | CN¥130B | CN¥132B | CN¥63.3B |
| Revenue growth | — | -9% | -2% | +108% | — |
| Gross profit | CN¥27.7B | CN¥5.09B | CN¥3.34B | CN¥7.31B | CN¥4.39B |
| EBITDA | n/a | CN¥11.3B | CN¥7.80B | CN¥8.09B | CN¥4.45B |
| Net income | CN¥4.65B | CN¥134M | -CN¥2.30B | CN¥717M | CN¥611M |
| Free cash flow | CN¥14.2B | CN¥7.47B | -CN¥2.20B | -CN¥15.4B | -CN¥30.7B |
| Capital expenditure | CN¥8.31B | CN¥8.66B | CN¥12.7B | CN¥23.8B | CN¥32.5B |
| Total debt | CN¥146B | CN¥143B | CN¥145B | CN¥131B | CN¥113B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Jiangsu Eastern Shenghong 000301.SZ | $10.3B | -22% | +4% | 7% | 12.4× | -2.1% |
| Hengli Petrochemical 600346.SS | $17.5B | -25% | -8% | 8% | 9.2× | -8.0% |
| Rongsheng Petrochemical 002493.SZ | $17.9B | -14% | -11% | 8% | 12.2× | -4.4% |
| Tongkun 601233.SS | $8.35B | -3% | +21% | 5% | 6.8× | -1.4% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 000301.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -22.9% | +3.1% | lowest of 21 |
| 6-month return | -21.6% | -2.5% | lowest of 21 |
| Distance from 52-week high | -31.0% | -14.8% | lowest of 21 |
| Revenue growth (TTM) | +3.9% | +7.2% | 9th lowest of 21 |
| Operating margin | 7.1% | 14.9% | 4th lowest of 21 |
| Forward P/E | 12.4× | 17.3× | 7th cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | -2.1% | 6.9% | 2nd least demanding of 9 |
| Growth delivered (Del g) | +28.4% | +7.3% | highest of 9 |
| Hurdle (Req g minus delivered) | -30.5 pp | -0.5 pp | least demanding of 9 |
| ROIC minus cost of capital | +1.2 pp | -1.9 pp | 3rd highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jiangsu Eastern Shenghong 000301.SZ | China | $10.3B | -22% | +4% | 7% | 12.4× | -2.1% | +28.4% |
| OGE Energy OGE | United States | $10.5B | +7% | +2% | 26% | 21.6× | 8.1% | +9.0% |
| JSW Energy JSWENERGY.NS | India | $10.1B | -9% | +26% | 36% | 39.7× | n/a | n/a |
| AES AES | United States | $10.6B | +4% | +12% | 20% | 6.8× | n/a | n/a |
| Hikari Tsushin 9435.T | Japan | $10.0B | -5% | +7% | 15% | 12.5× | 6.7% | +5.6% |
| Guangxi Guiguan Electric Power 600236.SS | China | $10.7B | -10% | +26% | 48% | 20.7× | -2.8% | +3.0% |
| Datang International Power Generation 0991.HK | Hong Kong | $10.7B | -20% | +3% | 15% | 5.5× | 4.0% | +4.1% |
| Edison EDNR.MI | Italy | $9.87B | -12% | +6% | 3% | n/a | n/a | n/a |
| Zhejiang Zheneng Electric Power 600023.SS | China | $10.8B | -5% | -7% | -1% | 17.4× | 7.0% | +9.0% |
| Chubu Electric Power 9502.T | Japan | $11.2B | -13% | +3% | 0% | 10.3× | n/a | n/a |
| Redeia Corporacion RED.MC | Spain | $9.47B | +8% | +15% | 43% | 16.7× | n/a | n/a |
| Brookfield Renewable Partners LP BEP-UN.TO | Canada | $9.41B | -7% | +7% | 11% | n/a | n/a | n/a |
| PGE Polska Grupa Energetyczna PGE.WA | Poland | $9.02B | +47% | -2% | 12% | 5.5× | n/a | n/a |
| Tata Power TATAPOWER.NS | India | $11.9B | -20% | -4% | 13% | 25.0× | n/a | n/a |
| Huadian Power International 1071.HK | Hong Kong | $8.73B | 0% | +13% | 8% | 9.6× | n/a | n/a |
| NHPC NHPC.NS | India | $8.72B | +1% | +12% | 30% | 19.4× | n/a | n/a |
| IDACORP IDA | United States | $8.63B | +2% | +4% | 23% | 21.7× | n/a | n/a |
| A2A A2A.MI | Italy | $8.55B | +4% | +14% | 8% | 11.9× | 2.8% | +15.6% |
| Pinnacle West Capital PNW | United States | $12.6B | +5% | +8% | 23% | 19.1× | n/a | n/a |
| Keppel BN4.SI | Singapore | $13.0B | -13% | +11% | 11% | 18.9× | 14.8% | -1.9% |
| Sichuan Chuantou Energy 600674.SS | China | $13.0B | +16% | -1% | 29% | 17.2× | 32.3% | +10.0% |