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Beijing state-owned clean-energy generator operating gas-fired, wind and solar power plants, part of Jingneng Group.
Beijing state-owned clean-energy generator operating gas-fired, wind and solar power plants, part of Jingneng Group.
Moat: narrow (regulatory licence, scale). State-backed generation assets serving Beijing's clean-energy mandate, in a regulated tariff business.
Headquarters: Beijing, China · Founded: 2009 · Employees: 3,260
Size Beijing Jingneng Clean Energy (0579.HK) is a Hong Kong Utilities company (Electric Utilities) with a market value of $1.74B, the 450th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$1.66 on 6 Nov 2026.
Performance Over six months the shares fell 26.8%, against -19.8% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 7th lowest of 20 in its peer set.
Growth Revenue fell 0.7% over the last twelve months (peer median +0.7%); the operating margin is 18.5% (peer median 7.7%).
Valuation It trades at 4.7× forward earnings against a peer median of 14.7× (cheapest of 14).
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 +3%, so the hurdle is -4 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.6 points below its cost of capital (5.1% WACC).
Next results Next results expected around 30 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$22.5B | HK$22.6B | HK$22.3B | HK$22.6B | HK$23.3B |
| Revenue growth | — | +2% | -1% | -3% | — |
| Gross profit | HK$5.63B | HK$6.29B | HK$6.29B | HK$6.15B | HK$6.26B |
| EBITDA | HK$8.50B | HK$9.03B | HK$9.22B | HK$9.05B | HK$9.35B |
| Net income | HK$2.60B | HK$3.20B | HK$3.52B | HK$3.38B | HK$3.30B |
| Free cash flow | HK$5.97B | HK$3.56B | -HK$3.32B | -HK$429M | HK$925M |
| Capital expenditure | HK$4.70B | HK$6.80B | HK$7.19B | HK$9.68B | HK$10.6B |
| Total debt | n/a | HK$65.8B | HK$62.0B | HK$59.2B | HK$56.4B |
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 | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Beijing Jingneng Clean Energy 0579.HK | $1.74B | -27% | -1% | 18% | 4.7× | -1.0% |
| China Power International Development 2380.HK | $4.29B | -20% | -5% | 20% | 13.6× | n/a |
| Huaneng Power International 0902.HK | $16.2B | -6% | -3% | 12% | 9.3× | n/a |
| China Res Power 0836.HK | $13.5B | +6% | +2% | 18% | 9.0× | 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 | 0579.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.4% | -4.9% | 3rd highest of 21 |
| 6-month return | -26.8% | -19.8% | 7th lowest of 20 |
| Distance from 52-week high | -35.6% | -38.4% | 8th highest of 21 |
| Revenue growth (TTM) | -0.7% | +0.7% | 9th lowest of 21 |
| Operating margin | 18.5% | 7.7% | 5th highest of 21 |
| Forward P/E | 4.7× | 14.7× | cheapest of 14 |
| Growth the price implies (Req g, 7 yrs) | -1.0% | -0.9% | 7th least demanding of 13 |
| Growth delivered (Del g) | +3.5% | +6.7% | 3rd lowest of 13 |
| Hurdle (Req g minus delivered) | -4.5 pp | -9.0 pp | 6th most demanding of 13 |
| ROIC minus cost of capital | -1.6 pp | -0.1 pp | 6th lowest of 21 |
| EV / EBITDA | 8.5× | 6.3× | 3rd most expensive of 6 |
| Net debt / EBITDA | 6.7× | 1.3× | most indebted of 6 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Beijing Jingneng Clean Energy 0579.HK | Hong Kong | $1.74B | -27% | -1% | 18% | 4.7× | -1.0% | +3.5% |
| Chongqing Three Gorges Water Conservancy and Electric Power 600116.SS | China | $1.73B | -8% | +4% | 6% | 18.8× | -2.5% | +14.1% |
| CESC CESC.NS | India | $1.77B | -32% | +9% | 12% | 9.9× | n/a | n/a |
| Romande Energie REHN.SW | Switzerland | $1.68B | -1% | +2% | 8% | 15.1× | 7.4% | +7.2% |
| Datang Huayin Electric Power 600744.SS | China | $1.83B | -30% | -10% | 6% | n/a | n/a | n/a |
| Central Puerto SA Sponsored ADR CEPU | United States | $1.64B | -29% | +51% | 29% | 5.0× | -5.0% | +10.3% |
| Dynagreen Environmental Protection 601330.SS | China | $1.63B | -4% | +11% | 31% | 14.8× | -3.5% | +9.2% |
| Guangdong Baolihua New Energy Stock 000690.SZ | China | $1.87B | +9% | +1% | 14% | 11.1× | -11.6% | +3.9% |
| Nava NAVA.NS | India | $1.59B | -26% | +9% | 29% | n/a | 19.8% | +11.0% |
| Jiangsu New Energy Development 603693.SS | China | $1.56B | -21% | -3% | 35% | 20.9× | 0.7% | +6.1% |
| Harbin Hatou Investment 600864.SS | China | $1.56B | -18% | 0% | -17% | n/a | -17.2% | -3.8% |
| CHN Energy Changyuan Electric Power 000966.SZ | China | $1.99B | -16% | -9% | 1% | 22.4× | 6.6% | +6.2% |
| Chongqing Fuling Electric Power Industrial 600452.SS | China | $2.00B | -25% | -7% | 17% | 22.9× | 3.6% | +2.4% |
| HCIG Energy Investment 000600.SZ | China | $2.01B | -31% | -12% | 9% | 11.1× | n/a | n/a |
| Vedanta Power VEDPOWER.NS | India | $1.46B | n/a | +5% | -13% | n/a | n/a | n/a |
| Hawaiian Electric Industries HE | United States | $1.45B | -43% | +2% | 11% | 5.2× | n/a | n/a |
| Henan Yuneng 001896.SZ | China | $2.14B | -39% | -6% | 5% | n/a | n/a | n/a |
| Jinneng Holding Shanxi Electric Power 000767.SZ | China | $1.40B | -20% | -6% | 6% | n/a | 2.5% | +5.6% |
| Xinjiang Tianfu Energy 600509.SS | China | $1.40B | -16% | +9% | 7% | 14.7× | -4.3% | +11.5% |
| Hokkaido Electric Power Company,Incorporated 9509.T | Japan | $1.38B | +5% | -1% | 4% | 7.3× | n/a | n/a |
| Huadian Liaoning Energy Development 600396.SS | China | $2.23B | +2% | 0% | 8% | n/a | n/a | n/a |