1. People's Republic of China Stocks

  2. •

    Utilities

  3. •

    Regulated Electric
Shenzhen Nanshan Power Co., Ltd.

Shenzhen Nanshan Power Co., Ltd.

000037.SZ
Shenzhen Nanshan Power Co., Ltd.CN flagShenzhen Stock Exchange
8.25
CNY
-0.51
- -
3.29BMarket Cap
Shenzhen Nanshan Power Co., Ltd.
000037.SZ
(Shenzhen Stock Exchange)

Recent

price

8.25

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.65
4.13
2.1
1.88
2.05
2.23
2.61
3.86
2.94
2.03
1.63
1.26
1.15
0.98
0.73
0.67
0.7
Revenue per Share
-0.19
0.03
-0.34
0.09
-0.55
-1.05
2.17
0.03
0.03
0.04
0.11
-0.73
-0.27
0.01
0.04
0.27
0.06
Basic EPS, GAAP
-0.11
0.26
0.03
0.79
0.81
0.58
1.51
0.25
0.13
0.21
0.4
-0.14
0.34
-0.18
-0.09
-0.36
-0.21
Free Cash Flow per Basic Share
0.23
0.42
0.39
0.39
0.36
0.35
0.32
0.1
0.08
0.08
0.07
0.04
0.02
0.02
0.01
0.01
0.01
Dividend per Share
1.72
1.81
1.42
1.53
0.96
-0.1
2.07
2.38
2
2.17
2.26
1.53
1.26
1.27
1.31
1.58
1.27
Book Value per Share
3.1
3.12
2.76
2.95
2.2
0.82
3.28
3.73
3.1
3.35
3.43
2.58
2.28
2.28
2.5
2.95
2.46
Tangible Book Value per Share
603
584
601
590
601
604
602
530
642
603
603
603
603
603
604
603
603
Basic Weighted Avg Shares
1,602
2,416
1,265
1,110
1,234
1,345
1,574
2,046
1,885
1,223
985
757
694
590
443
402
421
Sales/Revenue/Turnover
-46.31
-53.18
-74.09
-55.38
-49.54
-23.2
0.49
3.09
1.73
3.93
8.1
-28.72
-30.49
-6.78
-20.37
-2.8
-20.11
Operating Margin (%)
182
214
175
142
144
127
128
133
119
108
73
46
41
36
27
34
- -
Depreciation Expense
-115
18
-204
53
-331
-635
1,307
16
19
25
64
-439
-160
4
22
161
38
Net Income, GAAP
- -
59.42
- -
22.85
- -
- -
15.03
95.79
56.23
10.7
1.96
- -
- -
- -
13.16
4.14
- -
Effective Tax Rate (%)
-7.16
0.73
-16.16
4.78
-26.78
-47.18
83.01
0.78
1.02
2.04
6.5
-58.04
-23.07
0.71
4.95
40.09
9.02
Profit Margin (%)
-644
-490
-446
-229
-438
-518
729
481
525
602
1,116
799
503
607
647
1,000
619
Working Capital
186
26
16
6
150
696
344
26
26
- -
- -
- -
30
59
2
193
123
LT Debt
1,932
1,888
1,723
1,800
1,378
549
2,024
2,024
2,037
2,062
2,088
1,578
1,393
1,391
1,508
1,777
1,487
Total Equity
- -
-10.42
- -
-9.71
- -
- -
0.17
0.08
0.5
1.42
2.73
- -
- -
- -
-4.39
-0.55
-4.74
Return on Invested Capital (%)
- -
2.36
- -
5.21
- -
- -
51.33
1.41
2.22
2.95
4.24
- -
- -
- -
-0.9
5.66
0.38
Return on Capital (%)
-10.45
1.67
-21.42
6.04
-44.65
- -
- -
1.27
1.51
1.92
4.79
-38.49
-19.02
0.54
2.82
18.53
5.08
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
273
261
99
LT Borrowings
- -
35
97
LT Finance Leases
2
27
25
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
603
603
603
Market Capitalization
4,801
4,928
5,163

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
1,088
1,088
934
Cash, Cash Equivalents & STI
479
427
302
Accounts Receivable, Net
68
57
86
Inventories
80
81
78
Total Current Liabilities
441
404
315
Payables & Accruals
- -
- -
- -
ST Debt
273
261
99
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
26.18%
-2%
17.86%
Free Cash Flow
-20.21%
-76.25%
301.25%
Net Income, GAAP
-8.78%
21.86%
635.04%
Sales/Revenue/Turnover
-9.61%
-16.14%
-9.32%
Total Cash Common Dividend
-29.93%
-37.69%
-59.3%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
81
107
183
72
443
2025
58
108
123
- -
402
2026
90
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.05
- -
- -
- -
0.04
2025
-0.02
- -
- -
- -
0.27
2026
0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.01
2025
0.02
- -
- -
- -
0.01
2026
- -
- -
- -
- -
- -
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Business
Shenzhen Nanshan Power Co., Ltd. (000037.SZ) engages primarily in the production and sale of electricity and heat through gas-steam combined cycle generating units; it provides technical consulting, engineering construction, commissioning, operation and maintenance services for power stations; and conducts fuel trading, sludge drying, and integrated energy services including industrial and commercial energy storage, distributed photovoltaics, and charging piles. The company operates three main segments: Power Supply & Heating, Fuel Trading, and Engineering & Technical Services, serving industrial and commercial customers in China's power load centers with a focus on peak shaving and circular economy initiatives. Founded in 1990 and headquartered at No. 2097 Yueliangwan Avenue, Nanshan District, Shenzhen, Guangdong Province, it lists A-shares and B-shares on the Shenzhen Stock Exchange and maintains operations predominantly in China. Recent developments include the completion and commercial operation of the Zhaochi energy storage project in April 2024 by subsidiary Shenzhen Nanshan Power Environmental Protection Company, which also joined Guangdong Province's electricity sales companies list in January 2024 and signed contracts with four clients; the launch of the first phase of the Shenzhen New Energy Storage Industry Equity Fund with RMB 50 million contribution; plans to acquire 75% equity in SiChuan Ruinan Electrical Utilities Construction Engineering Co., Ltd. for RMB 18 million to bolster engineering capabilities; and recognition as a high-tech enterprise while forecasting positive 2025 interim net profit growth.