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Shaanxi state-owned power-generation utility operating coal-fired and some renewable electricity plants.
Shaanxi state-owned power-generation utility operating coal-fired and some renewable electricity plants.
Sells electricity to the provincial grid at approved tariffs, so profit depends on coal costs and on how many hours its plants run. Shaanxi provincial state-owned capital is its controlling shareholder.
Moat: narrow (regulatory licence, installed base). Regulated regional power generator with grid-connection licences and installed capacity.
Headquarters: Xi'an, Shaanxi, China · Employees: 11,619
Size Shaanxi Energy Investment (001286.SZ) is a China Utilities company (Electric Utilities) with a market value of $4.68B, the 547th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥9.97 on 6 Nov 2026.
Performance Over six months the shares fell 15.5%, against -6.2% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue grew 4.2% over the last twelve months (peer median +1.4%); the operating margin is 24.4% (peer median 12.9%).
Valuation It trades at 12.9× forward earnings against a peer median of 12.9× (10th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about -9% a year for seven years (Req g). Recent delivered growth is +19%, so the hurdle is -28 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 4.0 points above its cost of capital (5.0% WACC).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥23.3B | CN¥22.8B | CN¥22.2B | CN¥18.6B | CN¥19.4B |
| Revenue growth | — | +3% | +19% | -4% | — |
| Gross profit | CN¥10.7B | CN¥8.18B | CN¥6.98B | CN¥6.73B | CN¥6.85B |
| EBITDA | n/a | CN¥9.14B | CN¥8.83B | CN¥8.12B | CN¥8.02B |
| Net income | CN¥2.58B | CN¥3.01B | CN¥3.01B | CN¥2.56B | CN¥2.47B |
| Free cash flow | CN¥2.54B | CN¥2.51B | CN¥1.25B | CN¥2.56B | CN¥4.48B |
| Capital expenditure | CN¥7.05B | CN¥6.72B | CN¥7.03B | CN¥4.60B | CN¥4.44B |
| Total debt | CN¥31.6B | CN¥29.6B | CN¥26.9B | CN¥25.6B | CN¥27.7B |
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 |
|---|---|---|---|---|---|---|
| Shaanxi Energy Investment 001286.SZ | $4.68B | -16% | +4% | 24% | 12.9× | -9.2% |
| Guangdong Electric Power Development 000539.SZ | $3.64B | -21% | +8% | -1% | n/a | 9.8% |
| Huaneng Power International 600011.SS | $16.4B | +9% | -5% | 9% | 13.5× | -2.1% |
| Datang International Power Generation 601991.SS | $10.8B | +14% | 0% | 12% | 12.2× | -2.3% |
| Huadian Power International 600027.SS | $8.61B | +3% | -7% | 6% | 13.2× | -0.4% |
| SDIC Power 600886.SS | $19.0B | +16% | -3% | 32% | 17.5× | -1.6% |
| Zhejiang Zheneng Electric Power 600023.SS | $10.8B | -5% | -7% | -1% | 17.4× | 7.0% |
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 | 001286.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.2% | -0.9% | 6th highest of 21 |
| 6-month return | -15.5% | -6.2% | 7th lowest of 21 |
| Distance from 52-week high | -27.7% | -25.2% | 10th lowest of 21 |
| Revenue growth (TTM) | +4.2% | +1.4% | 10th highest of 21 |
| Operating margin | 24.4% | 12.9% | 4th highest of 20 |
| Forward P/E | 12.9× | 12.9× | 10th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | -9.2% | 2.7% | least demanding of 9 |
| Growth delivered (Del g) | +18.6% | +4.8% | highest of 9 |
| Hurdle (Req g minus delivered) | -27.9 pp | -0.7 pp | least demanding of 9 |
| ROIC minus cost of capital | +4.0 pp | -1.7 pp | 2nd highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shaanxi Energy Investment 001286.SZ | China | $4.68B | -16% | +4% | 24% | 12.9× | -9.2% | +18.6% |
| Brookfield Renewable BEPC | United States | $4.79B | -13% | +6% | 19% | 249.6× | n/a | n/a |
| Wintime Energy 600157.SS | China | $4.55B | -21% | -9% | 7% | 104.2× | 0.8% | +1.4% |
| Shenzhen Energy 000027.SZ | China | $4.49B | -8% | +4% | 13% | 11.2× | n/a | n/a |
| Shanghai Electric Power 600021.SS | China | $4.98B | -31% | -6% | 13% | 8.9× | n/a | n/a |
| Electric Power Development 9513.T | Japan | $4.39B | +2% | +4% | 10% | 8.2× | 4.5% | +5.4% |
| Huadian Energy 600726.SS | China | $5.01B | -33% | -7% | 10% | n/a | n/a | n/a |
| Beijing Jingneng Power 600578.SS | China | $5.06B | +3% | -6% | 11% | 11.0× | -2.8% | +12.2% |
| NorthWestern Energy NWE | United States | $5.09B | +14% | +11% | 19% | 20.6× | n/a | n/a |
| Jiangsu Guoxin 002608.SZ | China | $4.30B | -1% | +7% | 5% | 12.6× | -0.7% | +10.5% |
| China Power International Development 2380.HK | Hong Kong | $4.29B | -20% | -5% | 20% | 13.6× | n/a | n/a |
| Algonquin Power & Utilities AQN.TO | Canada | $4.29B | -9% | +6% | 20% | 14.2× | n/a | n/a |
| Acea ACE.MI | Italy | $5.14B | -7% | -21% | 26% | 14.3× | 5.8% | -3.3% |
| Northland Power NPI.TO | Canada | $4.22B | -4% | +15% | 34% | 14.3× | -1.7% | +3.4% |
| AGL Energy AGL.AX | Australia | $4.21B | -3% | -6% | 11% | 10.5× | n/a | n/a |
| Tokyo Elec Power Co Hldgs 9501.T | Japan | $4.17B | -31% | -2% | 1% | 3.7× | n/a | n/a |
| TransAlta TA.TO | Canada | $4.15B | +5% | -12% | 8% | 49.9× | 21.9% | +4.1% |
| TAURON Polska Energia TPE.WA | Poland | $4.02B | -6% | 0% | n/a | 6.1× | 17.0% | +10.4% |
| Portland General Electric POR | United States | $5.47B | -5% | +3% | 16% | 12.9× | n/a | n/a |
| China Southern Power Grid Energy Storage 600995.SS | China | $5.48B | -21% | +18% | 41% | 18.7× | n/a | n/a |
| Tohoku Electric Power 9506.T | Japan | $3.89B | +13% | +17% | 3% | 4.9× | n/a | n/a |