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Coal-fired power generation company running plants across Anhui province, selling electricity to the provincial grid.
Coal-fired power generation company running plants across Anhui province, selling electricity to the provincial grid.
Sells all its electricity to the provincial grid at tariffs set under government rules, so profit depends on the gap between the allowed tariff and the cost of coal burned. Anhui's state-owned energy group controls it.
Moat: none (scale). Regulated tariffs and coal-cost pass-through leave little pricing power for provincial generators.
Headquarters: Hefei, Anhui, China · Employees: 4,992
Size An Hui Wenergy (000543.SZ) is a China Utilities company (Electric Utilities) with a market value of $2.52B, the 1024th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥7.41 on 6 Nov 2026.
Performance Over six months the shares fell 8.3%, against -17.4% for the median peer and -16.4% for the China market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue fell 18.0% over the last twelve months (peer median -3.0%); the operating margin is 10.7% (peer median 14.6%).
Valuation It trades at 9.2× forward earnings against a peer median of 17.4× (2nd cheapest of 17).
Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +10%, so the hurdle is -9 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 0.7 points below its cost of capital (5.0% WACC).
Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥24.0B | CN¥27.2B | CN¥30.0B | CN¥27.8B | CN¥25.7B |
| Revenue growth | — | -9% | +8% | +8% | — |
| Gross profit | CN¥5.42B | CN¥4.32B | CN¥3.55B | CN¥1.87B | CN¥606M |
| EBITDA | n/a | CN¥6.06B | CN¥5.14B | CN¥3.09B | CN¥1.61B |
| Net income | CN¥1.36B | CN¥2.15B | CN¥2.06B | CN¥1.43B | CN¥499M |
| Free cash flow | CN¥2.33B | CN¥3.32B | -CN¥979M | -CN¥4.41B | -CN¥1.60B |
| Capital expenditure | CN¥3.36B | CN¥3.25B | CN¥5.60B | CN¥6.54B | CN¥5.64B |
| Total debt | CN¥49.1B | CN¥37.8B | CN¥37.9B | CN¥35.0B | CN¥28.8B |
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 |
|---|---|---|---|---|---|---|
| An Hui Wenergy 000543.SZ | $2.52B | -8% | -18% | 11% | 9.2× | 1.3% |
| Zhejiang Zheneng Electric Power 600023.SS | $10.8B | -5% | -7% | -1% | 17.4× | 7.0% |
| Huadian Power International 600027.SS | $8.61B | +3% | -7% | 6% | 13.2× | -0.4% |
| Huaneng Power International 600011.SS | $16.4B | +9% | -5% | 9% | 13.5× | -2.1% |
| Jiangsu Guoxin 002608.SZ | $4.30B | -1% | +7% | 5% | 12.6× | -0.7% |
| Shenzhen Energy 000027.SZ | $4.49B | -8% | +4% | 13% | 11.2× | n/a |
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 | 000543.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +0.3% | -5.8% | 5th highest of 21 |
| 6-month return | -8.3% | -17.4% | 8th highest of 21 |
| Distance from 52-week high | -26.6% | -39.7% | 8th highest of 21 |
| Revenue growth (TTM) | -18.0% | -3.0% | 2nd lowest of 21 |
| Operating margin | 10.7% | 14.6% | 10th lowest of 20 |
| Forward P/E | 9.2× | 17.4× | 2nd cheapest of 17 |
| Growth the price implies (Req g, 7 yrs) | 1.3% | 2.8% | 4th least demanding of 9 |
| Growth delivered (Del g) | +10.4% | +8.9% | 4th highest of 9 |
| Hurdle (Req g minus delivered) | -9.1 pp | -3.7 pp | 3rd least demanding of 9 |
| ROIC minus cost of capital | -0.7 pp | -1.2 pp | 9th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| An Hui Wenergy 000543.SZ | China | $2.52B | -8% | -18% | 11% | 9.2× | 1.3% | +10.4% |
| State Grid Information & Communication 600131.SS | China | $2.55B | -17% | +13% | 6% | 21.2× | 7.0% | +8.7% |
| Chugoku Electric Power 9504.T | Japan | $2.41B | +18% | 0% | 0% | 9.3× | n/a | n/a |
| SJVN SJVN.NS | India | $2.38B | -28% | +99% | 48% | 15.9× | n/a | n/a |
| SPIC Green Energy 000875.SZ | China | $2.34B | -34% | -4% | 16% | 35.0× | -0.2% | +5.6% |
| Shikoku Electric Power 9507.T | Japan | $2.33B | +24% | -3% | 6% | 9.8× | n/a | n/a |
| Enea ENA.WA | Poland | $2.80B | -3% | -11% | n/a | 4.4× | -7.7% | +9.1% |
| MVV Energie MVV1.DE | Germany | $2.23B | +1% | -8% | 4% | n/a | n/a | n/a |
| Huadian Liaoning Energy Development 600396.SS | China | $2.23B | +2% | 0% | 8% | n/a | n/a | n/a |
| China Southern Power Grid Energy Efficiency & Clean Energy 003035.SZ | China | $2.89B | -31% | +10% | 18% | 39.1× | 11.6% | +12.9% |
| Henan Yuneng 001896.SZ | China | $2.14B | -39% | -6% | 5% | n/a | n/a | n/a |
| Kenon KEN | United States | $2.99B | -35% | +53% | 8% | n/a | n/a | n/a |
| CECEP Wind-Power 601016.SS | China | $3.00B | -28% | -8% | 24% | 30.7× | 2.0% | +11.0% |
| MGE Energy MGEE | United States | $3.03B | +9% | +8% | 23% | 19.0× | n/a | n/a |
| HCIG Energy Investment 000600.SZ | China | $2.01B | -31% | -12% | 9% | 11.1× | n/a | n/a |
| Chongqing Fuling Electric Power Industrial 600452.SS | China | $2.00B | -25% | -7% | 17% | 22.9× | 3.6% | +2.4% |
| CHN Energy Changyuan Electric Power 000966.SZ | China | $1.99B | -16% | -9% | 1% | 22.4× | 6.6% | +6.2% |
| GEPIC Energy Development 000791.SZ | China | $3.23B | -18% | -30% | 40% | 10.2× | -7.8% | +32.3% |
| GCL Energy Technology 002015.SZ | China | $3.27B | -24% | -3% | 15% | 21.5× | n/a | n/a |
| Otter Tail OTTR | United States | $3.29B | -11% | +1% | 23% | 14.6× | n/a | n/a |
| Avista AVA | United States | $3.37B | -1% | -1% | 19% | 15.0× | n/a | n/a |