Coal-fired power generator in Shanxi province, part of the large state-owned Jinneng Holding coal group.
Coal-fired power generator in Shanxi province, part of the large state-owned Jinneng Holding coal group.
Sells electricity to the Shanxi grid at regulated or market-linked tariffs, so earnings depend on the gap between those tariffs and the cost of coal, and its coal-group parent's supply lowers the risk that coal will be unavailable.
Moat: none (parent backing). Jinneng parent secures coal supply, but tariffs are regulated and margins coal-cost driven.
Headquarters: Taiyuan, Shanxi, China · Employees: 6,861
Size Jinneng Holding Shanxi Electric Power (000767.SZ) is a China Utilities company (Electric Utilities) with a market value of $1.40B, the 1738th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.03 on 6 Nov 2026.
Performance Over six months the shares fell 19.8%, against -13.1% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 20 in its peer set.
Growth Revenue fell 6.0% over the last twelve months (peer median +4.5%); the operating margin is 6.4% (peer median 12.0%).
Valuation It trades at 1.57× book value against a peer median of 1.01× (7th most expensive of 21).
Price implies The share price implies a return on equity of about 8.7%; Jinneng Holding Shanxi Electric Power delivers -1.4%, so the price asks more than the business earns today.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥15.0B | CN¥15.4B | CN¥16.6B | CN¥19.4B | CN¥20.0B |
| Revenue growth | — | -7% | -15% | -3% | — |
| Gross profit | CN¥3.39B | CN¥1.85B | CN¥1.57B | CN¥1.25B | CN¥1.24B |
| EBITDA | n/a | CN¥3.70B | CN¥3.56B | CN¥3.51B | CN¥3.42B |
| Net income | -CN¥85.1M | CN¥196M | CN¥32.1M | -CN¥515M | -CN¥681M |
| Free cash flow | CN¥1.51B | -CN¥543M | -CN¥3.10B | -CN¥3.20B | -CN¥800M |
| Capital expenditure | CN¥1.71B | CN¥2.76B | CN¥2.32B | CN¥1.67B | CN¥1.98B |
| Total debt | CN¥44.0B | CN¥44.2B | CN¥46.1B | CN¥45.6B | CN¥46.4B |
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 |
|---|---|---|---|---|---|---|
| Jinneng Holding Shanxi Electric Power 000767.SZ | $1.40B | -20% | -6% | -1% | 1.57× | 8.7% |
| Top Energy Co. Ltd. Shanxi 600780.SS | $1.02B | -13% | 0% | 8% | 0.77× | 4.4% |
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 | 000767.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -9.3% | -3.8% | 2nd lowest of 21 |
| 6-month return | -19.8% | -13.1% | 8th lowest of 20 |
| Return on equity | -1.4% | 8.6% | 2nd lowest of 21 |
| Price / book | 1.57× | 1.01× | 7th most expensive of 21 |
| ROE the price implies | 8.7% | 7.7% | 7th most demanding of 19 |
| ROE delivered | -1.4% | 8.6% | lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Jinneng Holding Shanxi Electric Power 000767.SZ | China | $1.40B | -20% | -6% | -1% | 1.57× | 8.7% | -1.4% |
| Xinjiang Tianfu Energy 600509.SS | China | $1.40B | -16% | +9% | 3% | 1.16× | 7.7% | 3.0% |
| Hokkaido Electric Power Company,Incorporated 9509.T | Japan | $1.38B | +5% | -1% | 4% | 0.45× | 4.6% | 4.3% |
| Hawaiian Electric Industries HE | United States | $1.45B | -43% | +2% | 14% | 0.82× | 6.7% | 13.6% |
| Hokuriku Electric Power 9505.T | Japan | $1.34B | +16% | -5% | 8% | 0.44× | 3.1% | 8.2% |
| Vedanta Power VEDPOWER.NS | India | $1.46B | n/a | +5% | -61% | 1.05× | 9.7% | n/a |
| Electricite de Strasbourg ELEC.PA | France | $1.29B | -34% | -10% | 21% | 1.79× | 10.5% | 21.0% |
| Jiangxi Ganneng 000899.SZ | China | $1.26B | -31% | +24% | 9% | 1.34× | 8.5% | 8.7% |
| Harbin Hatou Investment 600864.SS | China | $1.56B | -18% | 0% | 0% | 0.81× | 6.6% | -0.2% |
| Jiangsu New Energy Development 603693.SS | China | $1.56B | -21% | -3% | 5% | 1.45× | 10.4% | 4.9% |
| Nava NAVA.NS | India | $1.59B | -26% | +9% | 10% | 1.71× | 29.4% | n/a |
| Dynagreen Environmental Protection 1330.HK | Hong Kong | $1.59B | +8% | +17% | 9% | 0.92× | 6.8% | 8.6% |
| Central Puerto SA Sponsored ADR CEPU | United States | $1.64B | -29% | +51% | 18% | 0.75× | 7.6% | 17.8% |
| Guizhou Qianyuan Power 002039.SZ | China | $1.19B | -8% | +14% | 11% | 1.71× | 7.0% | 11.5% |
| Hunan Energy Group Development 000722.SZ | China | $1.19B | -13% | +126% | 7% | 1.70× | 8.0% | 7.2% |
| naturenergie NEAG.SW | Switzerland | $1.17B | -12% | -16% | 13% | 0.77× | n/a | 12.7% |
| Romande Energie REHN.SW | Switzerland | $1.68B | -1% | +2% | 4% | 0.58× | n/a | 4.1% |
| CGN New Energy 1811.HK | Hong Kong | $1.16B | -23% | -12% | 11% | 0.62× | 6.8% | 10.6% |
| Kasumigaseki Capital 3498.T | Japan | $1.16B | +15% | +70% | 27% | 2.09× | 17.3% | 27.0% |
| SG Mart SGMART.NS | India | $1.15B | +55% | +9% | 9% | 6.36× | 43.4% | 9.4% |
| Chongqing Three Gorges Water Conservancy and Electric Power 600116.SS | China | $1.73B | -8% | +4% | 6% | 0.97× | 5.4% | 5.7% |