Who are GCL Energy Technology's main competitors?

Named competitors: Huaneng Power International (600011.SS), Zhejiang Zheneng Electric Power (600023.SS), Shenzhen Energy Group (000027.SZ). The cockpit's measured peer set (industry) also includes Otter Tail (OTTR), GEPIC Energy Development (000791.SZ), Avista (AVA), NLC India (NLCINDIA.NS), MGE Energy (MGEE), Iren (IRE.MI).

Is GCL Energy Technology expensive compared with its peers?

On forward p/e it trades at 21.5× against a peer median of 10.5×, 4th most expensive of 19 in its peer set.

How has GCL Energy Technology stock performed?

Over six months to 6 Nov 2026 the shares returned -24.3% against -9.7% for the median peer; over one year +24.1%.

← CockpitCompetitor Analysis › 002015.SZ GCL Energy Technology Co.,Ltd. Class AOpen in the cockpit ↗

GCL Energy Technology Co.,Ltd. Class A002015.SZCompetitor analysis, valuation and peers

China · CNY·Utilities›Electric Utilities

Part of the GCL Group; this listed unit focuses on gas-fired power generation and energy-technology equipment.

Momentum weak 34

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$3.27B

US dollars, full cap

Free float

59%

of shares outstanding

$/day

$85.3M

20-day average traded

Fwd P/E

21.5×

forward earnings

ROIC−WACC

-0.0 pp

WACC 5.7%

Hurdle

n/a

no reverse DCF

Next earnings

168 days

23 Apr 2027

Close · CNYCN¥13.44

1D+0.7%

1W+12.3%

1M-7.4%

3M-14.2%

6M-24.3%

YTD+35.1%

1Y+24.1%

ATR %4.8%

52w lowhigh47.6% off high

What GCL Energy Technology does

Part of the GCL Group; this listed unit focuses on gas-fired power generation and energy-technology equipment.

Products and services

Gas-fired power generation
Energy technology equipment

Customers

Regional power grid
Industrial energy customers

Where it sits in the supply chain

Utilities
Power generation/equipment
Gas-fired power & energy technology

What could go right

Gas-fired power demand as a coal transition fuel

What could go wrong

Natural-gas fuel-cost exposure
On-grid tariff regulation

Moat: narrow (installed base). Regulated power generation with an installed base, tied to the broader GCL energy group.

Headquarters: Suzhou, Jiangsu, China · Employees: 2,962

Named competitors

Huaneng Power International 600011.SS
Zhejiang Zheneng Electric Power 600023.SS
Shenzhen Energy Group 000027.SZ

GCL Energy Technology at a glance

Size GCL Energy Technology (002015.SZ) is a China Utilities company (Electric Utilities) with a market value of $3.27B, the 795th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥13.44 on 6 Nov 2026.

Performance Over six months the shares fell 24.3%, against -9.7% for the median peer and -16.4% for the China market (cap-weighted) — 6th lowest of 21 in its peer set.

Growth Revenue fell 3.2% over the last twelve months (peer median +0.6%); the operating margin is 14.6% (peer median 9.6%).

Valuation It trades at 21.5× forward earnings against a peer median of 10.5× (4th most expensive of 19).

Capital Return on invested capital runs 0.0 points below its cost of capital (5.7% WACC).

Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: GCL Energy Technology against the median of its 20 peers (local-currency closes).

GCL Energy Technology financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥9.85B	CN¥10.3B	CN¥9.75B	CN¥10.3B	CN¥10.9B
Revenue growth	—	+5%	-6%	-5%	—
Gross profit	CN¥3.98B	CN¥2.81B	CN¥2.59B	CN¥2.23B	CN¥1.68B
EBITDA	n/a	CN¥3.00B	CN¥2.65B	CN¥2.26B	CN¥2.03B
Net income	CN¥434M	CN¥404M	CN¥489M	CN¥921M	CN¥684M
Free cash flow	-CN¥258M	CN¥8.17M	-CN¥3.68B	-CN¥852M	CN¥97.7M
Capital expenditure	CN¥3.28B	CN¥3.26B	CN¥6.23B	CN¥3.28B	CN¥1.52B
Total debt	CN¥21.4B	CN¥20.3B	CN¥20.5B	CN¥15.2B	CN¥15.5B

Quarterly statements and history in the cockpit →

GCL Energy Technology 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

Up and to the right = strong over both horizons. GCL Energy Technology is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. GCL Energy Technology is the large dot.

GCL Energy Technology competitors and peer comparison

Head to head with its named competitors (002015.SZ vs 600011.SS vs 600023.SS vs 000027.SZ)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
GCL Energy Technology 002015.SZ	$3.27B	-24%	-3%	15%	21.5×	n/a
Huaneng Power International 600011.SS	$16.4B	+9%	-5%	9%	13.5×	-2.1%
Zhejiang Zheneng Electric Power 600023.SS	$10.8B	-5%	-7%	-1%	17.4×	7.0%
Shenzhen Energy 000027.SZ	$4.49B	-8%	+4%	13%	11.2×	n/a

How GCL Energy Technology 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.

GCL Energy Technology against its 20 peers (data as of 6 Nov 2026)
Measure	002015.SZ	Peer median	Rank in peer set
1-month return	-7.4%	-2.5%	5th lowest of 21
6-month return	-24.3%	-9.7%	6th lowest of 21
Distance from 52-week high	-47.6%	-23.9%	4th lowest of 21
Revenue growth (TTM)	-3.2%	+0.6%	8th lowest of 21
Operating margin	14.6%	9.6%	9th highest of 19
Forward P/E	21.5×	10.5×	4th most expensive of 19
ROIC minus cost of capital	-0.0 pp	-1.2 pp	7th highest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
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
GEPIC Energy Development 000791.SZ	China	$3.23B	-18%	-30%	40%	10.2×	-7.8%	+32.3%
Avista AVA	United States	$3.37B	-1%	-1%	19%	15.0×	n/a	n/a
NLC India NLCINDIA.NS	India	$3.50B	-28%	+17%	18%	9.9×	n/a	n/a
MGE Energy MGEE	United States	$3.03B	+9%	+8%	23%	19.0×	n/a	n/a
Iren IRE.MI	Italy	$3.54B	-9%	-8%	9%	10.6×	5.5%	+12.0%
Guangzhou Development 600098.SS	China	$3.56B	-3%	+4%	4%	14.9×	-1.0%	+9.9%
CECEP Wind-Power 601016.SS	China	$3.00B	-28%	-8%	24%	30.7×	2.0%	+11.0%
Kenon KEN	United States	$2.99B	-35%	+53%	8%	n/a	n/a	n/a
Guangdong Electric Power Development 000539.SZ	China	$3.64B	-21%	+8%	-1%	n/a	9.8%	+8.9%
China Southern Power Grid Energy Efficiency & Clean Energy 003035.SZ	China	$2.89B	-31%	+10%	18%	39.1×	11.6%	+12.9%
Pampa Energia SA Sponsored ADR PAM	United States	$3.78B	-19%	+29%	21%	7.4×	n/a	n/a
Enea ENA.WA	Poland	$2.80B	-3%	-11%	n/a	4.4×	-7.7%	+9.1%
Drax DRX.L	United Kingdom	$3.88B	0%	-8%	9%	10.4×	-0.2%	+4.8%
Tohoku Electric Power 9506.T	Japan	$3.89B	+13%	+17%	3%	4.9×	n/a	n/a
TAURON Polska Energia TPE.WA	Poland	$4.02B	-6%	0%	n/a	6.1×	17.0%	+10.4%
TransAlta TA.TO	Canada	$4.15B	+5%	-12%	8%	49.9×	21.9%	+4.1%
Tokyo Elec Power Co Hldgs 9501.T	Japan	$4.17B	-31%	-2%	1%	3.7×	n/a	n/a
State Grid Information & Communication 600131.SS	China	$2.55B	-17%	+13%	6%	21.2×	7.0%	+8.7%
AGL Energy AGL.AX	Australia	$4.21B	-3%	-6%	11%	10.5×	n/a	n/a

Questions

Who are GCL Energy Technology's main competitors?: Named competitors: Huaneng Power International (600011.SS), Zhejiang Zheneng Electric Power (600023.SS), Shenzhen Energy Group (000027.SZ). The cockpit's measured peer set (industry) also includes Otter Tail (OTTR), GEPIC Energy Development (000791.SZ), Avista (AVA), NLC India (NLCINDIA.NS), MGE Energy (MGEE), Iren (IRE.MI).
Is GCL Energy Technology expensive compared with its peers?: On forward p/e it trades at 21.5× against a peer median of 10.5×, 4th most expensive of 19 in its peer set.
How has GCL Energy Technology stock performed?: Over six months to 6 Nov 2026 the shares returned -24.3% against -9.7% for the median peer; over one year +24.1%.