Hebei-based utility distributing natural gas and operating wind/solar power generation assets.
Hebei-based utility distributing natural gas and operating wind/solar power generation assets.
Combines two utility-style lines: city gas sold to Hebei households and factories, and electricity from wind and solar farms sold to the grid. Hebei Construction & Investment Group, a provincial state company, controls it.
In one line: A regional Chinese gas-utility-plus-renewables operator.
Moat: narrow (regulatory licence, scale). Regional gas-distribution concession plus grid-connected renewable capacity.
Headquarters: Shijiazhuang, China · Employees: 3,058
Size China Suntien Green Energy (600956.SS) is a China Utilities company (Gas Distributors) with a market value of $3.40B, the 762nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥6.73 on 6 Nov 2026.
Performance Over six months the shares fell 17.9%, against -3.7% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 21 in its peer set.
Growth Revenue fell 12.4% over the last twelve months (peer median +3.3%); the operating margin is 12.9% (peer median 18.3%).
Valuation It trades at 15.9× forward earnings against a peer median of 17.3× (8th cheapest of 21).
Capital Return on invested capital runs 0.6 points below its cost of capital (5.0% WACC).
Next results Next results expected around 30 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥17.5B | CN¥19.7B | CN¥21.3B | CN¥20.2B | CN¥18.5B |
| Revenue growth | — | -7% | +5% | +9% | — |
| Gross profit | CN¥6.01B | CN¥3.75B | CN¥3.76B | CN¥4.70B | CN¥4.96B |
| EBITDA | n/a | CN¥6.60B | CN¥6.47B | CN¥6.44B | CN¥6.57B |
| Net income | CN¥1.57B | CN¥1.81B | CN¥1.66B | CN¥2.15B | CN¥2.23B |
| Free cash flow | -CN¥1.70B | -CN¥1.65B | -CN¥3.48B | -CN¥1.58B | CN¥445M |
| Capital expenditure | CN¥9.06B | CN¥9.27B | CN¥7.53B | CN¥6.58B | CN¥7.29B |
| Total debt | CN¥50.7B | CN¥50.8B | CN¥47.2B | CN¥42.2B | CN¥41.7B |
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 |
|---|---|---|---|---|---|---|
| China Suntien Green Energy 600956.SS | $3.40B | -18% | -12% | 13% | 15.9× | n/a |
| Shenzhen Gas 601139.SS | $2.79B | -7% | -1% | 7% | 10.7× | -9.2% |
| ENN Natural Gas 600803.SS | $9.83B | +5% | -1% | n/a | 11.8× | -6.1% |
| China Longyuan Power 0916.HK | $13.8B | -17% | -6% | 27% | 11.5× | 0.6% |
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 | 600956.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.3% | +2.5% | 2nd lowest of 21 |
| 6-month return | -17.9% | -3.7% | 4th lowest of 21 |
| Distance from 52-week high | -40.1% | -15.7% | 4th lowest of 21 |
| Revenue growth (TTM) | -12.4% | +3.3% | 2nd lowest of 21 |
| Operating margin | 12.9% | 18.3% | 10th lowest of 21 |
| Forward P/E | 15.9× | 17.3× | 8th cheapest of 21 |
| ROIC minus cost of capital | -0.6 pp | -1.2 pp | 8th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| China Suntien Green Energy 600956.SS | China | $3.40B | -18% | -12% | 13% | 15.9× | n/a | n/a |
| Chesapeake Utilities CPK | United States | $3.38B | +11% | +15% | 27% | 20.4× | n/a | n/a |
| China Gas 0384.HK | Hong Kong | $3.52B | -31% | -7% | 8% | 9.9× | 3.8% | +1.0% |
| Transportadora de Gas del Sur SA Sponsored ADR Class B RegS TGS | United States | $3.80B | -27% | +11% | 44% | 8.2× | -14.6% | +11.8% |
| MDU Resources MDU | United States | $3.92B | -17% | -30% | 17% | 18.9× | n/a | n/a |
| TOHO GAS 9533.T | Japan | $2.83B | +3% | -2% | 1% | 21.3× | 24.6% | +8.4% |
| Shenzhen Gas 601139.SS | China | $2.79B | -7% | -1% | 7% | 10.7× | -9.2% | +14.7% |
| Excelerate Energy EE | United States | $4.17B | +9% | +49% | 22% | 18.6× | 18.1% | +23.3% |
| China Resources Gas 1193.HK | Hong Kong | $4.77B | -13% | +1% | 6% | 10.7× | 1.8% | +11.8% |
| Brookfield Infrastructure BIPC.TO | Canada | $4.91B | +5% | +6% | 60% | 22.0× | n/a | n/a |
| Beijing Enterprises 0392.HK | Hong Kong | $4.93B | -3% | +5% | 4% | 6.3× | 7.7% | +6.7% |
| Keppel Infrastructure Trust A7RU.SI | Singapore | $2.34B | -8% | +4% | 10% | 23.5× | 8.7% | +8.7% |
| Kogas 036460.KS | South Korea | $2.31B | -7% | -10% | 7% | 2.9× | -1.5% | +11.4% |
| ONE Gas OGS | United States | $5.09B | -5% | -2% | 21% | 16.6× | n/a | n/a |
| Foran Energy 002911.SZ | China | $2.27B | -5% | -10% | 4% | 12.3× | -6.9% | +34.8% |
| Enagas ENG.MC | Spain | $5.22B | +7% | -2% | 21% | 19.4× | 15.0% | -2.2% |
| Spire SR | United States | $5.25B | +4% | +4% | 20% | 17.9× | n/a | n/a |
| Northwest Natural NWN | United States | $2.18B | +3% | +4% | 36% | 16.6× | n/a | n/a |
| New Jersey Resources NJR | United States | $5.51B | -2% | +7% | 24% | 16.6× | n/a | n/a |
| Centuri CTRI | United States | $2.06B | -41% | +25% | 3% | 27.4× | n/a | n/a |
| Black Hills BKH | United States | $6.47B | +13% | +3% | 24% | 18.2× | n/a | n/a |