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    Engineering & construction
China Southern Power Grid Technology Co., Ltd. Class A

China Southern Power Grid Technology Co., Ltd. Class A

SSSE:688248
46.82
CNY
-2.18
(-4.45%)
0.74EPS
95.05P/E
39.07BMarket Cap
Oct 31Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.54
1.03
3.33
2.91
3.13
4.51
5.37
6.57
6.7
Basic EPS, GAAP
0.02
0.08
0.26
0.3
0.36
0.5
0.65
0.75
0.73
Free Cash Flow per Basic Share
0.11
0.28
0.29
-0.09
0.38
0.71
0.33
0.63
- -
Dividend per Share
- -
- -
- -
0.12
0.08
0.13
0.31
0.27
0.13
Book Value per Share
0.29
1.04
2.83
4.31
4.59
4.96
5.29
5.77
5.87
Tangible Book Value per Share
0.25
1.01
2.77
4.25
4.51
4.74
5.03
5.51
5.62
Basic Weighted Avg Shares
565
565
335
477
572
563
562
561
561
Sales/Revenue/Turnover
304
582
1,115
1,385
1,790
2,537
3,014
3,685
3,757
Operating Margin (%)
6.32
8.97
9.14
11.04
10.98
11.68
12.57
12.42
12.02
Depreciation Expense
16
15
25
38
50
82
99
120
- -
Net Income, GAAP
14
43
87
143
206
281
365
421
408
Effective Tax Rate (%)
5.99
15.16
10.8
9.24
6.87
9.6
9.7
8.68
7.47
Profit Margin (%)
4.45
7.47
7.81
10.33
11.5
11.09
12.11
11.42
10.86
Working Capital
47
402
1,216
2,192
2,339
2,343
2,338
2,587
2,646
LT Debt
- -
- -
20
14
14
82
72
55
45
Total Equity
138
501
1,358
2,432
2,589
2,821
3,025
3,305
3,364
Return on Invested Capital (%)
- -
12.25
9.6
7.39
8
10.13
12.29
13.3
12.51
Return on Capital (%)
- -
12.86
9.23
7.48
8.14
10.13
11.97
12.79
12.12
Return on Common Equity (%)
- -
13.61
9.37
7.55
8.2
10.44
12.62
13.47
12.83

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
32
32
31
LT Borrowings
- -
- -
- -
LT Finance Leases
55
50
45
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
565
565
565
Market Capitalization
25,265
32,713
39,066

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,262
3,956
4,328
Cash, Cash Equivalents & STI
2,182
1,914
1,932
Accounts Receivable, Net
656
529
816
Inventories
810
932
1,007
Total Current Liabilities
1,674
1,310
1,682
Payables & Accruals
- -
- -
- -
ST Debt
32
32
31
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
22.21%
9.23%
Free Cash Flow
- -
-128.36%
88.98%
Net Income, GAAP
- -
37.97%
15.28%
Sales/Revenue/Turnover
- -
27.26%
22.27%
Total Cash Common Dividend
- -
- -
-14.52%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
505
1,050
554
904
3,014
2025
510
895
- -
1,586
3,685
2026
445
831
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.25
0.17
0.15
0.65
2025
0.1
0.21
- -
0.24
0.75
2026
0.09
0.19
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.14
0.31
2025
- -
- -
- -
0.13
0.27
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Hailong Jiang
Full Time Employees
919
Sector
Industrial services
Industry
Engineering & construction
Address
Huaye Building Guangzhou GD China 510000
IPO Date
Dec 22, 2021
Website
tech.csg.cn
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Business
China Southern Power Grid Technology Co.,Ltd specializes in providing technical services and smart equipment products for the power energy system market in China. The company’s main offerings include energy storage system technical services; test, inspection, and commissioning services; intelligent monitoring; smart testing and power distribution equipment; and robotics including drones for power facility inspections. It operates six business segments comprising new energy equipment, power supply, test and inspection, robotics, intelligent complete sets, and smart terminals. Founded in 1988 and headquartered in Guangzhou, China, its products and services serve power generation, distribution, and transformation sectors as well as power grid smart services. Recent major developments include strategic partnerships such as the March 2025 collaboration with UAV technology company JOUAV to enhance power grid automation and monitoring capabilities. The company also participates in international energy cooperation initiatives, notably expanding its energy technology deployment in Africa, including significant projects in Cairo to improve grid efficiency and reduce line losses. Additionally, China Southern Power Grid Technology completed a large-scale acquisition of the Peru power assets of Enel in mid-2024, expanding its footprint in Latin America’s power infrastructure market. The company is part of China Southern Power Grid group and operates primarily within China, while also expanding in global south markets through strategic alliances and investments in renewable and digital power projects. Its ongoing business expansion reflects a strategic focus on clean energy technologies, advanced energy storage systems, intelligent grid services, and international growth, underpinning its core mission to support power system modernization and sustainability.