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Guizhou Qianyuan Power Co., Ltd. Class A

Guizhou Qianyuan Power Co., Ltd. Class A

SSZSE:002039
18.37
CNY
-1.32
(-6.70%)
1.83EPS
19.37P/E
8.05BMarket Cap
Mar 26Next Earn
Guizhou Qianyuan Power Co., Ltd. Class A
SZSE:002039
(Shenzhen Stock Exchange)

Recent

price

18.37

P/E

ratio

19.37

div

yld

4.65%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
4.91
2.28
4.14
2.38
5.02
6.31
4.49
5.66
5.59
5.09
6.2
4.85
6.12
4.66
4.52
7.68
6.34
Revenue per Share
0.22
-0.2
0.32
-0.23
0.69
0.84
0.3
0.75
0.86
0.68
1.04
0.59
0.97
0.62
0.51
1.4
0.97
Basic EPS, GAAP
0.06
-1.05
0.77
-1.19
0.1
3.98
3.74
3.21
3.76
4.33
0.85
1.76
2.98
3.7
2.55
4.83
- -
Free Cash Flow per Basic Share
2.22
1.6
1.78
2
1.93
2.13
1.75
1.47
1.38
1.31
1.26
1.34
1.08
1.07
0.93
0.64
0.85
Dividend per Share
5.77
3.7
4.02
3.78
4.47
5.03
4.98
5.51
6.17
6.63
7.43
7.77
8.6
8.93
9.15
10.39
10.56
Book Value per Share
5.74
3.67
3.99
3.74
4.43
4.93
4.88
5.41
6.09
6.54
7.35
7.69
8.52
8.82
9.04
10.25
10.43
Tangible Book Value per Share
295
428
428
428
428
428
428
428
428
428
428
428
427
428
428
428
428
Basic Weighted Avg Shares
1,446
977
1,771
1,017
2,147
2,700
1,918
2,419
2,389
2,174
2,651
2,072
2,613
1,990
1,933
3,285
2,710
Sales/Revenue/Turnover
48.34
45.09
51.4
42.41
51.46
53.54
45.45
49.25
47.94
48.05
48.27
49.06
50.56
44.07
41.6
48.24
42.92
Operating Margin (%)
530
327
561
351
689
850
668
800
777
701
802
650
713
554
561
846
- -
Depreciation Expense
65
-84
137
-99
294
359
130
320
368
290
444
251
414
265
218
600
415
Net Income, GAAP
4.79
- -
6.57
- -
4.79
12.98
10.99
12.18
16.85
15.81
14.95
18.51
14.28
14.56
19.24
17.21
17.99
Effective Tax Rate (%)
4.51
-8.63
7.73
-9.74
13.7
13.31
6.76
13.24
15.4
13.35
16.74
12.12
15.85
13.3
11.29
18.27
15.33
Profit Margin (%)
-1,576
-1,985
-1,574
-1,822
-908
-589
-469
-1,384
-2,094
-2,372
-3,136
-1,949
-1,495
-2,152
-3,421
-2,713
-2,598
Working Capital
10,034
10,003
10,533
11,640
12,537
12,167
11,354
9,670
8,348
7,252
7,353
8,119
7,558
6,310
4,637
3,849
3,671
LT Debt
3,040
3,237
3,556
3,379
3,896
4,296
4,171
4,437
4,773
5,010
5,558
5,828
6,415
6,631
6,826
7,755
7,907
Total Equity
0.97
- -
1.67
- -
2.63
3.34
1.35
3.42
3.51
2.94
4.58
2.92
4.86
2.95
2.82
7.69
5.43
Return on Invested Capital (%)
3.78
- -
4.41
- -
4.03
4.48
3.46
3.81
4.12
3.7
3.81
2.61
2.74
2.43
1.8
1.86
1.41
Return on Capital (%)
5.67
-5.14
8.3
-5.95
16.69
17.71
6.06
14.29
14.73
10.61
14.75
7.72
11.84
7.07
5.65
14.37
9.8
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,287
2,029
2,405
LT Borrowings
3,721
3,797
3,538
LT Finance Leases
128
132
133
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
428
428
428
Market Capitalization
7,769
7,948
8,047

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
581
601
661
Cash, Cash Equivalents & STI
305
323
255
Accounts Receivable, Net
144
241
368
Inventories
2
3
2
Total Current Liabilities
3,294
2,950
3,258
Payables & Accruals
- -
- -
- -
ST Debt
2,287
2,029
2,405
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.18%
6.97%
13.62%
Free Cash Flow
19.03%
51.68%
89.44%
Net Income, GAAP
27.28%
28.59%
175.02%
Sales/Revenue/Turnover
5.64%
9.51%
69.98%
Total Cash Common Dividend
-10.75%
-11.69%
-31.61%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
261
612
593
467
1,933
2025
401
482
- -
1,116
3,285
2026
468
644
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.28
0.31
-0.11
0.51
2025
0.12
0.18
- -
0.25
1.4
2026
0.21
0.34
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
0.35
0.21
0.23
0.93
2025
0.13
0.19
- -
0.1
0.64
2026
0.09
0.48
- -
- -
- -
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Business
Guizhou QianYuan Power Co., Ltd. engages primarily in the development, construction, operation, and management of hydropower and photovoltaic power stations in China. The company’s core products and services include electricity generation from hydropower and solar photovoltaic sources, investment and management of water and thermal power projects, purchase and sale of electricity and thermal products, distribution network investment and management, contract energy management, energy conservation consulting services, hydropower project management, engineering technology consulting, and hydraulic machinery installation and maintenance. With a total installed capacity exceeding 4 million kilowatts, Guizhou QianYuan Power operates mainly within Guizhou Province, China, focusing on major hydropower projects such as those on the North Panjiang River Basin, Furong River Basin, and Sancha River Cascade. Founded in 1993 and headquartered in Guiyang City, the company maintains a strong local market presence and serves residential and commercial clients. In recent years, Guizhou QianYuan Power has advanced its renewable energy capacity by launching new solar photovoltaic projects adding approximately 200 MW to its portfolio, aligning with strategic diversification towards sustainable energy. The company has benefited from favorable government policies promoting renewable energy development, securing substantial subsidies that support its expansion. It has also invested heavily in research and development—approximately CNY 500 million over the last two years—to enhance its technological capabilities in advanced power management systems. Additionally, Guizhou QianYuan Power is pursuing geographic expansion beyond China with planned investments targeting Southeast Asian markets. These initiatives reflect a significant strategic shift focusing on renewable energy growth and market diversification to complement its traditional hydropower operations. Overall, Guizhou QianYuan Power Co., Ltd. operates as an integrated power producer specializing in hydropower and solar photovoltaic energy, with comprehensive offerings across power generation, distribution, and energy management services. The company continues to strengthen its market position through innovation, government support, and regional expansion initiatives, while sustaining its established role in China's renewable independent power producer sector.