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Energy-storage subsidiary of China Southern Power Grid, developing pumped-hydro and battery storage projects.
Energy-storage subsidiary of China Southern Power Grid, developing pumped-hydro and battery storage projects.
In one line: China's a grid-scale energy-storage utility arm.
Moat: narrow (regulatory licence, installed base). State grid-affiliated storage siting and licences are hard for independent developers to match.
Headquarters: Guangzhou, China · Founded: 2020 · Employees: 2,461
Size China Southern Power Grid Energy Storage (600995.SS) is a China Utilities company (Electric Utilities) with a market value of $5.48B, the 457th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥11.43 on 6 Nov 2026.
Performance Over six months the shares fell 20.5%, against -6.3% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue grew 17.9% over the last twelve months (peer median +4.4%); the operating margin is 41.0% (peer median 13.3%).
Valuation It trades at 18.7× forward earnings against a peer median of 12.9× (7th most expensive of 20).
Capital Return on invested capital runs 0.8 points above 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¥8.23B | CN¥7.38B | CN¥6.05B | CN¥5.48B | CN¥8.13B |
| Revenue growth | — | +22% | +10% | -33% | — |
| Gross profit | CN¥5.53B | CN¥3.73B | CN¥2.75B | CN¥2.39B | CN¥3.81B |
| EBITDA | n/a | CN¥4.80B | CN¥4.07B | CN¥3.69B | CN¥4.97B |
| Net income | CN¥1.99B | CN¥1.69B | CN¥1.13B | CN¥1.01B | CN¥1.66B |
| Free cash flow | -CN¥4.45B | -CN¥3.99B | -CN¥4.12B | -CN¥3.17B | -CN¥387M |
| Capital expenditure | CN¥9.33B | CN¥8.62B | CN¥7.98B | CN¥6.73B | CN¥5.00B |
| Total debt | CN¥32.7B | CN¥29.7B | CN¥21.3B | CN¥17.6B | CN¥12.0B |
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 Southern Power Grid Energy Storage 600995.SS | $5.48B | -21% | +18% | 41% | 18.7× | n/a |
| China Yangtze Power 600900.SS | $110B | +9% | 0% | 51% | 21.2× | 1.5% |
| Contemporary Amperex Technology 300750.SZ | $179B | -42% | +51% | 14% | 13.0× | 1.6% |
| Sungrow Power Supply 300274.SZ | $25.3B | -40% | -24% | 12% | 14.9× | 12.1% |
| BYD 002594.SZ | $96.6B | -17% | -4% | 4% | 21.2× | n/a |
| Fluence Energy FLNC | $973M | -78% | +7% | -4% | n/a | 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 | 600995.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -5.2% | -0.1% | 6th lowest of 21 |
| 6-month return | -20.5% | -6.3% | 7th lowest of 21 |
| Distance from 52-week high | -32.8% | -24.6% | 6th lowest of 21 |
| Revenue growth (TTM) | +17.9% | +4.4% | 3rd highest of 21 |
| Operating margin | 41.0% | 13.3% | highest of 21 |
| Forward P/E | 18.7× | 12.9× | 7th most expensive of 20 |
| ROIC minus cost of capital | +0.8 pp | -1.1 pp | 6th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| China Southern Power Grid Energy Storage 600995.SS | China | $5.48B | -21% | +18% | 41% | 18.7× | n/a | n/a |
| Portland General Electric POR | United States | $5.47B | -5% | +3% | 16% | 12.9× | n/a | n/a |
| Ormat Technologies ORA | United States | $5.65B | -24% | +31% | 19% | 41.2× | n/a | n/a |
| Acea ACE.MI | Italy | $5.14B | -7% | -21% | 26% | 14.3× | 5.8% | -3.3% |
| NorthWestern Energy NWE | United States | $5.09B | +14% | +11% | 19% | 20.6× | n/a | n/a |
| Beijing Jingneng Power 600578.SS | China | $5.06B | +3% | -6% | 11% | 11.0× | -2.8% | +12.2% |
| Huadian Energy 600726.SS | China | $5.01B | -33% | -7% | 10% | n/a | n/a | n/a |
| Shanghai Electric Power 600021.SS | China | $4.98B | -31% | -6% | 13% | 8.9× | n/a | n/a |
| Enel Chile SA Sponsored ADR ENIC | United States | $6.06B | -6% | +16% | 19% | 9.4× | 3.4% | +6.9% |
| Hera HER.MI | Italy | $6.14B | -3% | -11% | 8% | 11.9× | -8.9% | +12.6% |
| YTL 1773.T | Japan | $6.14B | +1% | +19% | 19% | 12.5× | n/a | n/a |
| ATCO ACO-X.TO | Canada | $6.15B | +25% | +5% | 12% | 16.8× | 15.0% | +5.5% |
| Brookfield Renewable BEPC | United States | $4.79B | -13% | +6% | 19% | 249.6× | n/a | n/a |
| TXNM Energy TXNM | United States | $6.41B | -1% | +10% | 24% | 22.5× | n/a | n/a |
| Shaanxi Energy Investment 001286.SZ | China | $4.68B | -16% | +4% | 24% | 12.9× | -9.2% | +18.6% |
| Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd CIG | United States | $6.45B | -23% | +13% | 13% | 9.0× | -1.6% | +9.4% |
| Wintime Energy 600157.SS | China | $4.55B | -21% | -9% | 7% | 104.2× | 0.8% | +1.4% |
| Shenergy 600642.SS | China | $6.64B | +1% | -2% | 12% | 12.6× | -1.6% | +7.2% |
| Shenzhen Energy 000027.SZ | China | $4.49B | -8% | +4% | 13% | 11.2× | n/a | n/a |
| Torrent Power TORNTPOWER.NS | India | $6.78B | -26% | +8% | 13% | 23.3× | n/a | n/a |
| Electric Power Development 9513.T | Japan | $4.39B | +2% | +4% | 10% | 8.2× | 4.5% | +5.4% |