Sichuan Energy Investment Development Co., Ltd. Class H

Sichuan Energy Investment Development Co., Ltd. Class H

HHKEX:1713
1.62
HKD
0.00
(0.00%)
2.60BMarket Cap
Mar 25Next Earn
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2
2.1
2.3
2.51
2.3
2.82
2.95
3.08
3.87
4.45
4.62
- -
Basic EPS, GAAP
0.12
0.14
0.16
0.21
0.16
0.24
0.25
0.28
0.32
0.37
0.27
- -
Free Cash Flow per Basic Share
0.17
0.4
0.36
0.25
0.26
0.18
0.09
-0.11
-0.46
-0.15
-0.38
- -
Dividend per Share
0.05
0.09
0.04
0.08
0.08
0.12
0.13
0.13
0.14
0.15
0.17
- -
Book Value per Share
2.57
2.55
2.62
2.41
2.49
2.64
2.77
2.93
3.12
3.36
3.5
3.5
Tangible Book Value per Share
2.56
2.54
2.61
2.41
2.49
2.52
2.65
2.79
2.98
3.17
3.29
3.29
Basic Weighted Avg Shares
806
806
806
808
1,074
1,074
1,074
1,074
1,074
1,074
1,074
1,074
Sales/Revenue/Turnover
1,615
1,692
1,853
2,031
2,473
3,025
3,172
3,313
4,160
4,776
4,968
- -
Operating Margin (%)
11.81
10.55
8.16
9.84
10.76
10.49
10.33
10.8
10
10.3
7.6
- -
Depreciation Expense
126
130
138
142
147
10
156
167
194
241
266
- -
Net Income, GAAP
98
117
125
169
176
256
270
301
339
400
286
- -
Effective Tax Rate (%)
11.58
13.42
13
14.51
17.81
15.87
15.65
16.32
16.42
14.03
16.48
- -
Profit Margin (%)
6.08
6.89
6.76
8.33
7.13
8.46
8.5
9.1
8.15
8.38
5.76
- -
Working Capital
-678
-554
-738
298
-202
-263
-263
-139
-344
-222
-703
-703
LT Debt
49
258
129
698
151
4
4
4
327
561
403
403
Total Equity
2,198
2,054
2,117
2,599
2,692
2,854
2,996
3,185
3,404
3,685
3,829
3,829
Return on Invested Capital (%)
- -
4.48
4.95
6.29
6.36
7.82
8.21
8.84
9.09
9.57
6.08
- -
Return on Capital (%)
- -
4.58
5.17
6.26
6.03
8.32
8.53
9.08
9.21
9.77
6.57
- -
Return on Common Equity (%)
- -
5.66
6.02
7.19
6.69
9.28
9.26
9.84
10.43
11.48
7.77
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
137
335
653
LT Borrowings
557
477
398
LT Finance Leases
4
4
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,074
1,074
1,074
Market Capitalization
2,140
2,647
2,338

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
2,004
1,923
1,574
Cash, Cash Equivalents & STI
554
623
432
Accounts Receivable, Net
888
766
771
Inventories
65
56
69
Total Current Liabilities
2,226
2,273
2,277
Payables & Accruals
- -
- -
- -
ST Debt
137
335
653
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.92%
6.06%
3.91%
Free Cash Flow
23.73%
28.22%
152.72%
Net Income, GAAP
12.98%
3.83%
-28.44%
Sales/Revenue/Turnover
12.17%
10.74%
4.03%
Total Cash Common Dividend
24.64%
7.65%
15.44%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
4,160
2024
- -
- -
4,776
2025
- -
- -
4,968

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.32
2024
- -
- -
0.37
2025
- -
- -
0.27

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.14
2024
- -
- -
0.15
2025
- -
- -
0.17

Company Description

CEO
Yuan Chun Wang
Full Time Employees
2,669
Sector
Utilities
Industry
Electric utilities
Address
No. 789, Renhe Road Chengdu SI China
IPO Date
Dec 28, 2018
Business
Sichuan Energy Investment Development Co., Ltd. is a vertically integrated power supplier and service provider primarily engaged in the generation, distribution, and sale of electricity in Sichuan Province, China. The company operates a diversified portfolio of power assets including 35 hydropower plants with a total installed capacity of approximately 138.68 MW, as well as multiple substations of various voltage levels, enabling it to serve household, general industrial, commercial, and large industrial users across districts and counties in the city of Yibin. Its core business lines encompass power generation through hydropower; power supply and distribution services; power engineering and construction services; new energy projects including distributed photovoltaic (solar) and energy storage systems; power value-added services; and sales of electrical equipment and materials. The company also acts as an agent for electricity purchasing and engages in grid construction and maintenance services. It owns several subsidiaries including county-level power supply companies, power generation companies, and power engineering and construction entities. Founded in 2011 and headquartered in Chengdu, Sichuan Province, Sichuan Energy Investment Development supports the green energy transition with renewable energy projects and smart microgrid initiatives. Recent major developments include strengthening of its renewable energy capacity with the commercial operation of new distributed photovoltaic projects and energy storage projects, expansion of its power grid assets through agreements such as the 2025 Rural Power Grid Assets Usage Agreement with Hydropower Group, and significant corporate governance enhancements announced at its 2025 extraordinary general meeting, which involved amendments to its Articles of Association and board composition. The company has also experienced growth in its electrical engineering construction services (EECS) business and general power supply business in the first half of 2025, with increased scale and profitability. Operational improvements include a further enhanced regional power grid structure and an increase in the number of industrial and commercial users served, reflecting its strategic focus on asset consolidation, quality electricity introduction, and green energy development. As of mid-2025, the company reported total assets of approximately RMB 7.441 billion and net assets of RMB 3.690 billion. Sichuan Energy Investment Development Co., Ltd. operates predominantly in China, focusing on Sichuan Province's power supply markets. Its client base includes residential, commercial, industrial, and state grid customers. The company’s business segments span electric utilities with an emphasis on renewable energy integration, power transmission and distribution, and related engineering services. The firm’s comprehensive approach integrates power generation, supply, value-added services, and infrastructure development, positioning it as a key player in the regional energy sector. The company's headquarters is located in Chengdu, Sichuan Province, and it trades publicly under the Hong Kong Stock Exchange ticker 1713.HK. Overall, Sichuan Energy Investment Development Co., Ltd. is positioned as a pivotal regional energy company advancing both traditional hydroelectric power and renewable energy solutions while enhancing grid infrastructure and service capacity through strategic partnerships and operational expansions in 2024-2025.