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← CockpitCompetitor Analysis › 000767.SZ Jinneng Holding Shanxi Electric Power Co., Ltd. Class AOpen in the cockpit ↗

Jinneng Holding Shanxi Electric Power Co., Ltd. Class A000767.SZCompetitor analysis, valuation and peers

China · CNY·Utilities›Electric Utilities

Coal-fired power generator in Shanxi province, part of the large state-owned Jinneng Holding coal group.

Momentum weak 28
Mkt cap
$1.40B
US dollars, full cap
Free float
48%
of shares outstanding
$/day
$23.2M
20-day average traded
P/B
1.57×
price to book
ROE
-1.4%
delivered
Implied ROE
8.7%
what the price asks
Close · CNYCN¥3.03
1D-0.3%
1W+5.6%
1M-9.3%
3M-19.6%
6M-19.8%
YTD+8.2%
1Y+2.7%
ATR %3.1%
52w lowhigh54.1% off high

What Jinneng Holding Shanxi Electric Power does

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.

Products and services

  • Coal-fired power generation

Customers

  • State Grid Shanxi

Where it sits in the supply chain

  • Utilities
  • Power generation
  • Coal-fired thermal power
  • Provincial grid offtake

What could go right

  • Power demand growth in Shanxi

What could go wrong

  • Coal price volatility
  • Regulated tariff caps

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

Named competitors

Jinneng Holding Shanxi Electric Power at a glance

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.

Relative performance

7510012515011 May 202611 Aug 20266 Nov 2026Peer median 86000767.SZ 75
Six months, rebased to 100: Jinneng Holding Shanxi Electric Power against the median of its 20 peers (local-currency closes).

Jinneng Holding Shanxi Electric Power financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥15.0BCN¥15.4BCN¥16.6BCN¥19.4BCN¥20.0B
Revenue growth—-7%-15%-3%—
Gross profitCN¥3.39BCN¥1.85BCN¥1.57BCN¥1.25BCN¥1.24B
EBITDAn/aCN¥3.70BCN¥3.56BCN¥3.51BCN¥3.42B
Net income-CN¥85.1MCN¥196MCN¥32.1M-CN¥515M-CN¥681M
Free cash flowCN¥1.51B-CN¥543M-CN¥3.10B-CN¥3.20B-CN¥800M
Capital expenditureCN¥1.71BCN¥2.76BCN¥2.32BCN¥1.67BCN¥1.98B
Total debtCN¥44.0BCN¥44.2BCN¥46.1BCN¥45.6BCN¥46.4B

Quarterly statements and history in the cockpit →

Jinneng Holding Shanxi Electric Power competitor charts

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.

Performance: 6-month against 1-month return

-50%-25%0%+25%+50%-20%0%6005099509HE9505ELEC0008996008641330CEPU000722NEAGREHN18113498SGMART000767.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Jinneng Holding Shanxi Electric Power is the large dot.

Fundamentals: return on equity against price-to-book

0%10%20%0.50×10×1.50×20×6005099509HE9505VEDPOWERELEC000899600864603693NAVA1330CEPU002039000722NEAGREHN18113498SGMART600116000767.SZReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Jinneng Holding Shanxi Electric Power is the large dot.

Capital: ROE delivered against the ROE the price implies

0%20%40%0%20%40%6005099509HE9505ELEC000899600864603693CEPU0020393498SGMART600116000767.SZROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Jinneng Holding Shanxi Electric Power is the large dot.

Jinneng Holding Shanxi Electric Power competitors and peer comparison

Head to head with its named competitors (000767.SZ vs 600780.SS)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied 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%

How Jinneng Holding Shanxi Electric Power compares with its peers

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.

Jinneng Holding Shanxi Electric Power against its 20 peers (data as of 6 Nov 2026)
Measure000767.SZPeer medianRank 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 / book1.57×1.01×7th most expensive of 21
ROE the price implies8.7%7.7%7th most demanding of 19
ROE delivered-1.4%8.6%lowest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Jinneng Holding Shanxi Electric Power 000767.SZChina$1.40B-20%-6%-1%1.57×8.7%-1.4%
Xinjiang Tianfu Energy 600509.SSChina$1.40B-16%+9%3%1.16×7.7%3.0%
Hokkaido Electric Power Company,Incorporated 9509.TJapan$1.38B+5%-1%4%0.45×4.6%4.3%
Hawaiian Electric Industries HEUnited States$1.45B-43%+2%14%0.82×6.7%13.6%
Hokuriku Electric Power 9505.TJapan$1.34B+16%-5%8%0.44×3.1%8.2%
Vedanta Power VEDPOWER.NSIndia$1.46Bn/a+5%-61%1.05×9.7%n/a
Electricite de Strasbourg ELEC.PAFrance$1.29B-34%-10%21%1.79×10.5%21.0%
Jiangxi Ganneng 000899.SZChina$1.26B-31%+24%9%1.34×8.5%8.7%
Harbin Hatou Investment 600864.SSChina$1.56B-18%0%0%0.81×6.6%-0.2%
Jiangsu New Energy Development 603693.SSChina$1.56B-21%-3%5%1.45×10.4%4.9%
Nava NAVA.NSIndia$1.59B-26%+9%10%1.71×29.4%n/a
Dynagreen Environmental Protection 1330.HKHong Kong$1.59B+8%+17%9%0.92×6.8%8.6%
Central Puerto SA Sponsored ADR CEPUUnited States$1.64B-29%+51%18%0.75×7.6%17.8%
Guizhou Qianyuan Power 002039.SZChina$1.19B-8%+14%11%1.71×7.0%11.5%
Hunan Energy Group Development 000722.SZChina$1.19B-13%+126%7%1.70×8.0%7.2%
naturenergie NEAG.SWSwitzerland$1.17B-12%-16%13%0.77×n/a12.7%
Romande Energie REHN.SWSwitzerland$1.68B-1%+2%4%0.58×n/a4.1%
CGN New Energy 1811.HKHong Kong$1.16B-23%-12%11%0.62×6.8%10.6%
Kasumigaseki Capital 3498.TJapan$1.16B+15%+70%27%2.09×17.3%27.0%
SG Mart SGMART.NSIndia$1.15B+55%+9%9%6.36×43.4%9.4%
Chongqing Three Gorges Water Conservancy and Electric Power 600116.SSChina$1.73B-8%+4%6%0.97×5.4%5.7%

Questions

Who are Jinneng Holding Shanxi Electric Power's main competitors?
Named competitors: Top Energy (Tongbao) (600780.SS). The cockpit's measured peer set (industry) also includes Xinjiang Tianfu Energy (600509.SS), Hokkaido Electric Power Company,Incorporated (9509.T), Hawaiian Electric Industries (HE), Hokuriku Electric Power (9505.T), Vedanta Power (VEDPOWER.NS), Electricite de Strasbourg (ELEC.PA).
Is Jinneng Holding Shanxi Electric Power expensive compared with its peers?
On price / book it trades at 1.57× against a peer median of 1.01×, 7th most expensive of 21 in its peer set. 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.
How has Jinneng Holding Shanxi Electric Power stock performed?
Over six months to 6 Nov 2026 the shares returned -19.8% against -13.1% for the median peer; over one year +2.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.