Shunfa Hengye Corporation

Shunfa Hengye Corporation

000631.SZ
Shunfa Hengye CorporationCN flagShenzhen Stock Exchange
2.81
CNY
-0.06
- -
6.46BMarket Cap
Shunfa Hengye Corporation
000631.SZ
(Shenzhen Stock Exchange)

Recent

price

2.81

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
0.88
1
1.28
1.29
2.27
1.59
1.59
2.71
1.11
0.68
0.27
0.11
0.13
1.01
0.27
0.25
0.23
Revenue per Share
0.2
0.24
0.27
0.28
0.27
0.15
0.16
0.31
0.42
0.25
0.11
0.04
0.07
0.15
0.05
0.03
0.05
Basic EPS, GAAP
-1.08
0.2
0.46
-0.44
-0.17
1.46
1.44
0.8
0.59
0.15
-0.73
0.63
0.19
0.02
0.06
-0.07
-0.05
Free Cash Flow per Basic Share
0.05
0.07
0.1
0.27
0.21
0.2
0.1
0.16
0.37
0.26
0.04
0.02
- -
0.27
0.12
0.04
0.14
Dividend per Share
0.69
0.91
1.13
1.18
1.41
1.5
1.7
1.75
1.86
1.9
2.02
2.08
2.22
2.13
2.14
2.35
2.34
Book Value per Share
0.81
1.05
1.3
1.38
1.63
1.73
2.45
2.48
2.65
2.69
2.72
2.63
2.68
2.69
2.84
3.05
3.03
Tangible Book Value per Share
2,142
2,165
2,161
2,179
2,163
2,179
2,289
2,468
2,447
2,434
2,418
2,389
2,313
2,209
2,141
1,966
1,974
Basic Weighted Avg Shares
1,885
2,157
2,766
2,808
4,907
3,474
3,635
6,682
2,716
1,649
650
272
307
2,237
571
493
457
Sales/Revenue/Turnover
31.77
33.5
30.76
27.99
22.72
12.3
11.05
13.86
36.11
31.21
37.53
20.55
30.23
15.41
15.61
10.34
11.92
Operating Margin (%)
6
5
5
6
6
18
19
21
20
21
42
42
41
42
90
105
- -
Depreciation Expense
424
522
584
610
585
327
366
765
1,028
608
266
96
162
331
107
59
106
Net Income, GAAP
29.76
24.42
27.67
18.52
25.49
26.37
27.26
22.4
19.09
20.21
28.04
25.14
24.49
24.95
23.51
24.95
25.52
Effective Tax Rate (%)
22.48
24.22
21.12
21.72
11.91
9.41
10.08
11.45
37.84
36.9
40.94
35.13
52.71
14.81
18.74
11.96
23.12
Profit Margin (%)
3,658
3,022
3,665
3,771
4,571
3,669
6,705
6,936
7,704
5,866
5,813
5,511
5,384
5,111
4,521
4,185
4,273
Working Capital
2,140
1,020
1,181
1,006
1,715
1,448
2,819
2,722
2,677
238
239
156
20
- -
297
204
325
LT Debt
1,750
2,269
2,813
3,007
3,529
3,763
5,611
6,112
6,478
6,547
6,588
6,302
6,207
5,945
6,109
6,021
6,006
Total Equity
13.23
12.95
13.88
11.51
11.25
4.39
3.92
8.14
8.64
5
2.51
0.62
1.09
4.2
1.08
0.58
0.66
Return on Invested Capital (%)
14.26
13.11
14.09
12.06
9.4
5.18
6.97
12.83
14.82
10.31
5.19
1.89
3.02
6.51
1.58
0.91
1.93
Return on Capital (%)
33.57
30.28
26.49
24.32
20.79
10.34
10.23
18.66
23.2
13.26
5.59
1.94
3.2
6.74
2.31
1.28
2.32
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
164
5
174
LT Borrowings
283
71
311
LT Finance Leases
14
15
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,395
2,395
2,395
Market Capitalization
4,210
5,547
5,882

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
5,792
5,725
5,552
Cash, Cash Equivalents & STI
5,133
5,128
5,041
Accounts Receivable, Net
84
70
94
Inventories
498
452
336
Total Current Liabilities
1,271
1,037
1,278
Payables & Accruals
- -
- -
- -
ST Debt
164
5
174
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.7%
-1.75%
-1.43%
Free Cash Flow
-110.84%
-76.17%
-203.36%
Net Income, GAAP
5.56%
-0.52%
-44.9%
Sales/Revenue/Turnover
42.39%
98.94%
-13.71%
Total Cash Common Dividend
667.28%
1,326.92%
-69.92%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
94
82
60
76
571
2025
138
182
124
- -
493
2026
104
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.05
2025
0.01
- -
- -
- -
0.03
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.12
2025
- -
- -
- -
- -
0.04
2026
- -
- -
- -
- -
- -
Business
Shunfa Hengneng Corporation (000631.SZ), formerly Shunfa Hengye Corporation until its name change in July 2024, operates as a clean energy comprehensive investment operator and a listed subsidiary of Wanxiang Group, headquartered in Hangzhou, Zhejiang Province, China, with founding roots tracing to 1995. The company pursues an "integrated, two-wing" development strategy centered on energy technology, complemented by investments in clean energy generation, zero-carbon assets, and related technologies; its core businesses encompass natural gas power generation, wind power electricity generation, photovoltaic projects, energy storage solutions, comprehensive energy services, real estate development and sales (primarily residential projects), property management, and canteen catering services, with operations focused in China's Yangtze River Delta region including Zhejiang, Jiangsu, and Anhui provinces. Shunfa Hengneng maintains a portfolio of active projects such as the 50MW/100MWh grid-side energy storage initiative by Shunfa Yuanchu (Tonglu) Co., Ltd., the 11MW agrivoltaic complementary project in Taiyuan Village, and expansions into the Greater Bay Area; it recently completed the acquisition of a 51% stake in Zhejiang Puxing Deneng Natural Gas Power Co., Ltd. from Puxing Neng (HK) Limited in May 2025, bolstering its natural gas power capabilities. The firm employs approximately 566 people, serves municipal and industrial customers in clean energy and real estate sectors, and continues to advance digital transformation for zero-carbon city solutions while generating revenue streams from electricity sales, energy-saving services, and property-related activities.