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Guangxi-based hydropower generator operating plants along the region's river cascade systems.
Guangxi-based hydropower generator operating plants along the region's river cascade systems.
In one line: China's a regional hydropower utility.
Moat: narrow (regulatory licence, cost advantage). Low-cost regional hydro generation, though tariffs and river flow limit control over output/pricing.
Headquarters: Nanning, China · Founded: 1993 · Employees: 3,390
Size Guangxi Guiguan Electric Power (600236.SS) is a China Utilities company (Electric Utilities) with a market value of $10.7B, the 232nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥9.04 on 6 Nov 2026.
Performance Over six months the shares fell 10.4%, against -2.5% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue grew 25.8% over the last twelve months (peer median +6.7%); the operating margin is 47.8% (peer median 13.6%).
Valuation It trades at 20.7× forward earnings against a peer median of 17.0× (5th most expensive of 19).
Price implies For today's price to make sense, revenue must grow about -3% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is -6 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 6.4 points above its cost of capital (5.0% WACC).
Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥11.8B | CN¥10.3B | CN¥9.45B | CN¥7.97B | CN¥10.5B |
| Revenue growth | — | +9% | +19% | -24% | — |
| Gross profit | CN¥8.28B | CN¥5.48B | CN¥4.11B | CN¥2.29B | CN¥5.16B |
| EBITDA | n/a | CN¥7.13B | CN¥6.08B | CN¥4.15B | CN¥6.96B |
| Net income | CN¥3.74B | CN¥3.28B | CN¥2.28B | CN¥1.23B | CN¥3.21B |
| Free cash flow | CN¥4.65B | CN¥2.94B | CN¥1.67B | CN¥443M | CN¥2.89B |
| Capital expenditure | CN¥2.29B | CN¥4.06B | CN¥3.99B | CN¥3.69B | CN¥3.75B |
| Total debt | CN¥26.7B | CN¥27.4B | CN¥27.1B | CN¥26.0B | CN¥22.7B |
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 |
|---|---|---|---|---|---|---|
| Guangxi Guiguan Electric Power 600236.SS | $10.7B | -10% | +26% | 48% | 20.7× | -2.8% |
| Sichuan Chuantou Energy 600674.SS | $13.0B | +16% | -1% | 29% | 17.2× | 32.3% |
| SPIC Hydropower 600292.SS | $7.26B | -34% | +301% | 28% | 72.6× | -6.8% |
| China Yangtze Power 600900.SS | $110B | +9% | 0% | 51% | 21.2× | 1.5% |
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 | 600236.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -8.4% | +3.1% | 4th lowest of 21 |
| 6-month return | -10.4% | -2.5% | 7th lowest of 21 |
| Distance from 52-week high | -28.5% | -14.8% | 5th lowest of 21 |
| Revenue growth (TTM) | +25.8% | +6.7% | 2nd highest of 21 |
| Operating margin | 47.8% | 13.6% | highest of 21 |
| Forward P/E | 20.7× | 17.0× | 5th most expensive of 19 |
| Growth the price implies (Req g, 7 yrs) | -2.8% | 6.9% | least demanding of 9 |
| Growth delivered (Del g) | +3.0% | +9.0% | 2nd lowest of 9 |
| Hurdle (Req g minus delivered) | -5.7 pp | -0.5 pp | 3rd least demanding of 9 |
| ROIC minus cost of capital | +6.4 pp | -1.9 pp | highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Guangxi Guiguan Electric Power 600236.SS | China | $10.7B | -10% | +26% | 48% | 20.7× | -2.8% | +3.0% |
| Datang International Power Generation 0991.HK | Hong Kong | $10.7B | -20% | +3% | 15% | 5.5× | 4.0% | +4.1% |
| AES AES | United States | $10.6B | +4% | +12% | 20% | 6.8× | n/a | n/a |
| Zhejiang Zheneng Electric Power 600023.SS | China | $10.8B | -5% | -7% | -1% | 17.4× | 7.0% | +9.0% |
| OGE Energy OGE | United States | $10.5B | +7% | +2% | 26% | 21.6× | 8.1% | +9.0% |
| Jiangsu Eastern Shenghong 000301.SZ | China | $10.3B | -22% | +4% | 7% | 12.4× | -2.1% | +28.4% |
| Chubu Electric Power 9502.T | Japan | $11.2B | -13% | +3% | 0% | 10.3× | n/a | n/a |
| JSW Energy JSWENERGY.NS | India | $10.1B | -9% | +26% | 36% | 39.7× | n/a | n/a |
| Hikari Tsushin 9435.T | Japan | $10.0B | -5% | +7% | 15% | 12.5× | 6.7% | +5.6% |
| Edison EDNR.MI | Italy | $9.87B | -12% | +6% | 3% | n/a | n/a | n/a |
| Tata Power TATAPOWER.NS | India | $11.9B | -20% | -4% | 13% | 25.0× | n/a | n/a |
| Redeia Corporacion RED.MC | Spain | $9.47B | +8% | +15% | 43% | 16.7× | n/a | n/a |
| Brookfield Renewable Partners LP BEP-UN.TO | Canada | $9.41B | -7% | +7% | 11% | n/a | n/a | n/a |
| Pinnacle West Capital PNW | United States | $12.6B | +5% | +8% | 23% | 19.1× | n/a | n/a |
| PGE Polska Grupa Energetyczna PGE.WA | Poland | $9.02B | +47% | -2% | 12% | 5.5× | n/a | n/a |
| Keppel BN4.SI | Singapore | $13.0B | -13% | +11% | 11% | 18.9× | 14.8% | -1.9% |
| Sichuan Chuantou Energy 600674.SS | China | $13.0B | +16% | -1% | 29% | 17.2× | 32.3% | +10.0% |
| Huadian Power International 1071.HK | Hong Kong | $8.73B | 0% | +13% | 8% | 9.6× | n/a | n/a |
| NHPC NHPC.NS | India | $8.72B | +1% | +12% | 30% | 19.4× | n/a | n/a |
| IDACORP IDA | United States | $8.63B | +2% | +4% | 23% | 21.7× | n/a | n/a |
| A2A A2A.MI | Italy | $8.55B | +4% | +14% | 8% | 11.9× | 2.8% | +15.6% |