000966.SHE CHN Energy Changyuan Electric Power Co Ltd
- Market cap
- CNY 12.8B
- P/E
- -
- P/B
- 0.94x
- ROE
- 1.4%
- Dividend yield
- 5.67%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 000966.SHE undervalued?
Graham numberThe Graham number of CHN Energy Changyuan Electric Power Co Ltd cannot be estimated reliably (it needs positive earnings and book value).
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
CHN Energy Changyuan Electric Power Co Ltd fundamental analysis
No fundamental analysis for CHN Energy Changyuan Electric Power Co Ltd yet.
CHN Energy Changyuan Electric Power Co Ltd stock price
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About CHN Energy Changyuan Electric Power Co Ltd
CHN Energy Changyuan Electric Power Co.,Ltd. produces and sells electricity and heat in China. It generates electricity through thermal, photovoltaic, hydro, wind, and biomass sources, as well as provides technical and training services. The company was formerly known as Guodian Changyuan Electric Power Co., Ltd. and changed its name to CHN Energy Changyuan Electric Power Co.,Ltd. in August 2021. The company was founded in 1995 and is based in Wuhan, China. CHN Energy Changy…
Full company profileCHN Energy Changyuan Electric Power Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
CHN Energy Changyuan Electric Power Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 5.38B | 5.46B | 6.56B | 7.37B | 10.1B | 12.2B | 14.7B | 14.5B | 17.4B | 13.5B | 14.2B |
| Gross Profit | 940M | 145M | 654M | 1.18B | 1.36B | 162M | 709M | 1.25B | 1.77B | 728M | 921M |
| Operating Income | 566M | -133M | 309M | 816M | 1.29B | -83.7M | 237M | 510M | 941M | 457M | 680M |
| EBITDA | 1.36B | 663M | 1.14B | 1.61B | 2.87B | 1.37B | 1.67B | 2.32B | 3.24B | 2.31B | 773M |
| Net Income | 399M | -122M | 209M | 573M | 1.00B | -25.4M | 123M | 349M | 715M | -66.2M | 190M |
| EPS | 0.36 | -0.11 | 0.19 | 0.52 | 0.39 | -0.01 | 0.04 | 0.13 | 0.25 | -0.02 | 0.05 |
| Balance Sheet | |||||||||||
| Total Assets | 9.19B | 9.36B | 9.49B | 9.74B | 20.7B | 23.4B | 30.8B | 37.6B | 40.4B | 41.2B | 39.9B |
| Total Liabilities | 5.54B | 5.95B | 5.83B | 5.32B | 11.2B | 13.8B | 21.0B | 27.3B | 26.4B | 27.5B | 26.1B |
| Shareholders' Equity | 3.48B | 3.24B | 3.48B | 4.17B | 9.39B | 9.45B | 9.59B | 9.95B | 13.6B | 13.3B | 13.5B |
| Cash & Short-term Investments | 26.3M | 171M | 100M | 155M | 170M | 1.08B | 285M | 607M | 230M | 143M | 178M |
| Total Debt | 3.79B | 4.64B | 4.13B | 3.16B | 7.55B | 9.81B | 15.4B | 21.4B | 20.5B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 761M | 580M | 905M | 1.65B | 578M | 656M | 676M | 2.35B | 3.93B | 3.01B | - |
| Capital Expenditure | 462M | 448M | 499M | 580M | 700M | 1.74B | 8.33B | 6.90B | 5.31B | 3.53B | 2.24B |
| Free Cash Flow | 298M | 126M | 405M | 1.07B | -122M | -1.08B | -7.65B | -4.55B | -1.38B | -514M | 1.46B |
| Ratios | |||||||||||
| ROE | 11.5% | -3.7% | 6.0% | 13.7% | 10.7% | -0.3% | 1.3% | 3.5% | 5.3% | -0.5% | 1.4% |
| ROA | 4.3% | -1.3% | 2.2% | 5.9% | 4.8% | -0.1% | 0.4% | 0.9% | 1.8% | -0.2% | 0.5% |
| Net Profit Margin | 7.4% | -2.2% | 3.2% | 7.8% | 9.9% | -0.2% | 0.8% | 2.4% | 4.1% | -0.5% | 1.3% |
| Debt to Equity | 1.09x | 1.43x | 1.19x | 0.76x | 0.80x | 1.04x | 1.61x | 2.15x | 1.51x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
CHN Energy Changyuan Electric Power Co Ltd dividends
- Dividend yield
- 5.67%
- Forward dividend
- -
- Payout ratio
- -
- Ex-dividend date
- Jul 15, 2025
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 727M | 0.21 | - |
| 2024 | CNY 694M | 0.25 | 97.0% |
| 2023 | CNY 584M | 0.21 | 167.3% |
| 2022 | CNY 368M | 0.13 | 299.5% |
| 2021 | CNY 207M | 0.08 | - |
| 2020 | CNY 177M | 0.07 | 17.7% |
| 2019 | CNY 66.5M | 0.06 | 11.6% |
| 2018 | CNY 218M | 0.20 | 104.2% |
| 2017 | CNY 292M | 0.26 | - |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 20:10 on Jun 23, 2016.
Who owns CHN Energy Changyuan Electric Power Co Ltd
- Insiders 64.93%
- Institutions 1.70%
- Public & others 33.37%
- Shares outstanding 3.48B
- Free float 1.14B
CHN Energy Changyuan Electric Power Co Ltd company profile
- Company name
- CHN Energy Changyuan Electric Power Co Ltd
- Ticker
- 000966.SHE
- ISIN
- CNE0000011X1
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Feb 17, 2000
- Sector
- Utilities
- Industry
- Independent Power and Renewable Electricity Producers
- Employees
- 4,534
- Fiscal year end
- December
- Address
- National Energy Building, Wuhan, China, 430066
- Phone
- 86 27 8871 7058
- Website
- cydl.com.cn
About CHN Energy Changyuan Electric Power Co Ltd
CHN Energy Changyuan Electric Power Co.,Ltd. produces and sells electricity and heat in China. It generates electricity through thermal, photovoltaic, hydro, wind, and biomass sources, as well as provides technical and training services. The company was formerly known as Guodian Changyuan Electric Power Co., Ltd. and changed its name to CHN Energy Changyuan Electric Power Co.,Ltd. in August 2021. The company was founded in 1995 and is based in Wuhan, China. CHN Energy Changyuan Electric Power Co.,Ltd. operates as a subsidiary of Chnenergy Investment Group Co.,LTD.
CHN Energy Changyuan Electric Power Co Ltd management
7- Mr. Feng ZhengGM & Director · born 1975
- Ms. Hong Zhu CPAChief Accountant · born 1970
- Mr. Chengliang PanBoard Secretary · born 1968
- Mr. Jun LiDeputy General Manager · born 1968
- Mr. Qian HuDeputy General Manager · born 1970
- Mr. Yanjun SongDeputy General Manager · born 1971
- Zheng ZhangAccounting Supervisor