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Shunfa Hengneng Corporation Class A

Shunfa Hengneng Corporation Class A

SSZSE:000631
2.76
CNY
+0.01
(+0.36%)
0.04EPS
136.45P/E
6.88BMarket Cap
Shunfa Hengneng Corporation Class A
SZSE:000631
(Shenzhen Stock Exchange)

Recent

price

2.76

P/E

ratio

136.45

div

yld

2.58%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
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
0.26
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
0.02
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
- -
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
0.07
Dividend per Share
0.81
1.05
1.3
1.39
1.63
1.74
2.3
2.5
2.62
2.68
2.67
2.55
2.53
2.46
2.46
2.45
2.4
Book Value per Share
0.8
1.04
1.3
1.39
1.63
1.74
2.3
2.5
2.62
2.68
2.66
2.55
2.52
2.45
2.45
2.44
2.37
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
2,025
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
520
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
13.01
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
44
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
28.83
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
8.53
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
3,750
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
438
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
5,667
Total Equity
13.21
12.45
13.21
11
8.01
4.73
4.93
8.52
11.96
7.81
3.94
1.5
2.63
5.22
2.11
1.2
1.16
Return on Invested Capital (%)
13.13
12.26
13.07
11.21
8.81
4.83
5.93
10.27
11.86
7.92
3.87
1.49
2.49
5.34
1.27
0.73
0.51
Return on Capital (%)
27.72
25.99
22.99
20.96
17.89
8.97
7.84
13.1
16.48
9.44
4.09
1.5
2.62
5.51
1.82
1
0.79
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
288
316
146
LT Borrowings
184
454
418
LT Finance Leases
20
20
20
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,395
2,300
2,300
Market Capitalization
7,785
9,821
6,877

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,420
5,236
4,789
Cash, Cash Equivalents & STI
4,954
4,780
4,318
Accounts Receivable, Net
85
86
93
Inventories
312
293
275
Total Current Liabilities
1,235
1,217
1,039
Payables & Accruals
- -
- -
- -
ST Debt
288
316
146
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

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

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
94
82
60
76
571
2025
138
182
- -
124
493
2026
104
110
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
0.01
0.02
0.05
2025
0.01
0.02
- -
- -
0.03
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.1
- -
0.12
2025
- -
0.02
- -
0.04
0.04
2026
- -
0.02
- -
- -
- -
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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.