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Major Guangdong power-generation utility (Yuedian) operating coal-fired and renewable electricity plants.
Major Guangdong power-generation utility (Yuedian) operating coal-fired and renewable electricity plants.
Sells electricity to the Guangdong grid at tariffs largely guided by the government, so profit depends on the gap between that tariff and the cost of coal. It is controlled by Guangdong Energy Group, the provincial state-owned energy company, and also operates wind and solar plants.
Moat: narrow (regulatory licence, installed base, scale). One of Guangdong's largest regulated power generators with long-standing grid licences.
Headquarters: Guangzhou, Guangdong, China · Employees: 10,497
Size Guangdong Electric Power Development (000539.SZ) is a China Utilities company (Electric Utilities) with a market value of $3.64B, the 708th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.16 on 6 Nov 2026.
Performance Over six months the shares fell 21.0%, against -4.7% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 21 in its peer set.
Growth Revenue grew 8.2% over the last twelve months (peer median +0.6%); the operating margin is -0.7% (peer median 14.6%).
Valuation It trades at 1.24× book value against a peer median of 1.06× (9th most expensive of 21).
Price implies The share price implies a return on equity of about 8.5%; Guangdong Electric Power Development delivers -6.8%, so the price asks more than the business earns today.
Next results Next results expected around 29 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥56.7B | CN¥51.4B | CN¥57.0B | CN¥59.6B | CN¥52.6B |
| Revenue growth | — | -10% | -4% | +13% | — |
| Gross profit | CN¥7.67B | CN¥5.41B | CN¥7.21B | CN¥8.34B | -CN¥546M |
| EBITDA | n/a | CN¥9.71B | CN¥10.1B | CN¥10.6B | CN¥1.83B |
| Net income | -CN¥1.54B | CN¥600M | CN¥964M | CN¥975M | -CN¥2.98B |
| Free cash flow | CN¥3.98B | -CN¥1.79B | -CN¥3.81B | -CN¥12.9B | -CN¥12.9B |
| Capital expenditure | CN¥8.38B | CN¥12.4B | CN¥15.2B | CN¥21.7B | CN¥14.6B |
| Total debt | CN¥117B | CN¥117B | CN¥116B | CN¥106B | CN¥84.0B |
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 | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Guangdong Electric Power Development 000539.SZ | $3.64B | -21% | +8% | -7% | 1.24× | 8.5% |
| Shenzhen Energy 000027.SZ | $4.49B | -8% | +4% | 7% | 0.89× | 5.3% |
| Huaneng Power International 600011.SS | $16.4B | +9% | -5% | 3% | 0.84× | 4.4% |
| Zhejiang Zheneng Electric Power 600023.SS | $10.8B | -5% | -7% | 4% | 0.98× | 3.2% |
| SDIC Power 600886.SS | $19.0B | +16% | -3% | 10% | 1.84× | 5.2% |
| Huadian Power International 600027.SS | $8.61B | +3% | -7% | 7% | 1.18× | 3.7% |
| Datang International Power Generation 601991.SS | $10.8B | +14% | 0% | 20% | 2.37× | 11.8% |
| Guangzhou Development 600098.SS | $3.56B | -3% | +4% | 6% | 0.87× | 4.8% |
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 | 000539.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -0.8% | -0.2% | 10th lowest of 21 |
| 6-month return | -21.0% | -4.7% | 4th lowest of 21 |
| Return on equity | -6.8% | 7.6% | lowest of 21 |
| Price / book | 1.24× | 1.06× | 9th most expensive of 21 |
| ROE the price implies | 8.5% | 8.3% | 10th most demanding of 21 |
| ROE delivered | -6.8% | 6.4% | lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Guangdong Electric Power Development 000539.SZ | China | $3.64B | -21% | +8% | -7% | 1.24× | 8.5% | -6.8% |
| Guangzhou Development 600098.SS | China | $3.56B | -3% | +4% | 6% | 0.87× | 4.8% | 5.8% |
| Iren IRE.MI | Italy | $3.54B | -9% | -8% | 9% | 0.92× | 8.3% | 8.8% |
| NLC India NLCINDIA.NS | India | $3.50B | -28% | +17% | 18% | 1.41× | 22.2% | 18.1% |
| Pampa Energia SA Sponsored ADR PAM | United States | $3.78B | -19% | +29% | 15% | 0.85× | 8.6% | 15.3% |
| Drax DRX.L | United Kingdom | $3.88B | 0% | -8% | 1% | 1.68× | 16.3% | 1.0% |
| Tohoku Electric Power 9506.T | Japan | $3.89B | +13% | +17% | 2% | 0.55× | 3.8% | 2.5% |
| Avista AVA | United States | $3.37B | -1% | -1% | 9% | 1.19× | 7.0% | 9.0% |
| Otter Tail OTTR | United States | $3.29B | -11% | +1% | 9% | 1.77× | 9.9% | 9.4% |
| TAURON Polska Energia TPE.WA | Poland | $4.02B | -6% | 0% | 17% | 0.76× | 9.2% | n/a |
| GCL Energy Technology 002015.SZ | China | $3.27B | -24% | -3% | 3% | 1.69× | 14.0% | 3.5% |
| GEPIC Energy Development 000791.SZ | China | $3.23B | -18% | -30% | 13% | 1.36× | 8.9% | 12.5% |
| TransAlta TA.TO | Canada | $4.15B | +5% | -12% | 6% | 6.26× | 22.1% | 6.1% |
| Tokyo Elec Power Co Hldgs 9501.T | Japan | $4.17B | -31% | -2% | 10% | 0.19× | 2.9% | 9.7% |
| AGL Energy AGL.AX | Australia | $4.21B | -3% | -6% | 15% | 1.15× | 7.1% | 14.9% |
| Northland Power NPI.TO | Canada | $4.22B | -4% | +15% | -3% | 1.48× | 8.0% | -3.3% |
| Algonquin Power & Utilities AQN.TO | Canada | $4.29B | -9% | +6% | 4% | 0.98× | 8.3% | 4.2% |
| China Power International Development 2380.HK | Hong Kong | $4.29B | -20% | -5% | 4% | 0.71× | 6.6% | 4.0% |
| Jiangsu Guoxin 002608.SZ | China | $4.30B | -1% | +7% | 6% | 0.76× | 3.8% | 6.4% |
| MGE Energy MGEE | United States | $3.03B | +9% | +8% | 12% | 2.05× | 13.8% | 11.6% |
| Electric Power Development 9513.T | Japan | $4.39B | +2% | +4% | 4% | 0.47× | 3.0% | 3.6% |