China Western Power Industrial Co., Ltd. Class A

China Western Power Industrial Co., Ltd. Class A

SSZSE:002630
2.01
CNY
+0.06
(+3.08%)
-0.31EPS
2.07BMarket Cap
2013 Y
2014 Y
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
5.87
2.79
3.13
2.88
3.5
3.09
3.06
1.87
1.28
0.73
1.58
2.34
1.42
0.87
Basic EPS, GAAP
0.25
0.13
0.17
0.17
0.16
-0.12
0.03
-0.39
-0.58
-0.64
-0.16
-0.29
-0.24
-0.31
Free Cash Flow per Basic Share
-0.14
-0.72
-0.17
-0.63
-0.54
-0.81
0.03
-1.04
-0.16
0.23
0.19
0.05
0.19
- -
Dividend per Share
0.16
0.08
0.1
0.13
0.17
0.25
0.27
0.12
0.14
0.3
0.1
0.09
0.07
0.08
Book Value per Share
1.83
2.32
2.46
2.61
2.76
2.61
2.5
1.95
1.4
0.75
0.51
0.19
-0.05
-0.09
Tangible Book Value per Share
1.73
2.24
2.38
2.52
2.36
2.23
1.88
1.19
0.62
- -
0.22
-0.06
-0.33
-0.37
Basic Weighted Avg Shares
534
1,171
1,181
1,181
1,181
1,181
1,182
1,181
1,181
1,181
1,181
1,110
1,181
1,180
Sales/Revenue/Turnover
3,137
3,269
3,700
3,401
4,134
3,648
3,623
2,207
1,517
859
1,867
2,593
1,677
1,029
Operating Margin (%)
8.52
8.75
8.77
10.57
13.63
10.23
10.27
-3.94
-15
-24.73
4.21
12.16
5.57
-3.24
Depreciation Expense
33
43
52
57
60
72
87
97
76
80
65
53
49
- -
Net Income, GAAP
131
149
198
205
193
-142
37
-466
-682
-757
-193
-327
-287
-362
Effective Tax Rate (%)
12.12
11.6
13.1
4.84
9.58
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
4.19
4.56
5.36
6.03
4.66
-3.9
1.01
-21.1
-44.96
-88.12
-10.34
-12.63
-17.12
-35.19
Working Capital
855
1,601
1,493
1,813
2,967
98
-1,532
1,011
396
-2,269
-942
-1,172
-3,553
-3,711
LT Debt
640
602
1,178
1,680
4,138
2,930
1,469
2,225
2,280
3,083
4,264
3,450
1,373
1,259
Total Equity
1,764
2,743
2,936
3,142
3,352
3,217
3,169
2,476
1,820
1,053
758
364
84
31
Return on Invested Capital (%)
4.44
4.6
4.98
4.1
3.11
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
6.9
6.5
6.29
6.29
6.53
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
7.71
6.62
7.03
6.84
6.08
-4.49
1.22
-17.73
-34.53
-59.59
-25.81
-79.26
- -
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,247
2,279
2,268
LT Borrowings
1,373
1,373
1,259
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,181
1,181
1,181
Market Capitalization
2,952
2,444
2,066

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,266
3,498
3,207
Cash, Cash Equivalents & STI
173
138
73
Accounts Receivable, Net
400
498
472
Inventories
294
368
374
Total Current Liabilities
6,819
7,044
6,917
Payables & Accruals
- -
- -
- -
ST Debt
2,247
2,279
2,268
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-23.93%
-45.12%
-76.99%
Free Cash Flow
-318.35%
-23.22%
299.6%
Net Income, GAAP
-163.26%
8.05%
-12.33%
Sales/Revenue/Turnover
0.82%
9.24%
-35.35%
Total Cash Common Dividend
10.25%
7.45%
-13.09%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
820
663
568
542
2,593
2025
696
326
- -
230
1,677
2026
215
258
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.01
0.01
-0.34
-0.29
2025
0.01
0.02
- -
-0.27
-0.24
2026
-0.02
-0.03
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
0.02
0.02
0.09
2025
0.02
0.02
- -
0.03
0.07
2026
0.02
0.01
- -
- -
- -

Company Description

CEO
Ren Chao Li
Full Time Employees
1,048
Sector
Producer manufacturing
Industry
Industrial machinery
Address
No.66, Rongchuan Road Zigong SI China 643000
IPO Date
Nov 3, 2011
Business
China Western Power Industrial Co., Ltd. (002630.SZ) designs, manufactures, and sells industrial boilers and related equipment, while providing engineering contracting, investment, and operational services for clean energy and environmental protection projects. Founded in 1983 and headquartered in Zigong, Sichuan Province, China, the company operates primarily in China with projects extending to over 50 countries and regions worldwide, serving power plants, industrial facilities, and municipal infrastructure in sectors including fossil fuel power, waste-to-energy, biomass utilization, waste heat recovery, and black liquor recovery. Its core products and services encompass energy-saving boilers, coal-fired boilers, environmental protection boilers, alkali recovery boilers, waste incineration power generation boilers, biomass power generation boilers, blast furnace tail gas power generation boilers, gas/oil/sand boilers, waste heat boilers, special industrial boilers, pressure vessels, and supporting products; the company also undertakes general contracting for power engineering construction projects, equity investments, BOT and PPP project development, power plant investment and operations, as well as engineering, site installation management, and financing services in new energy, smart energy, intelligent environments, smart cities, urban infrastructure, roads, transportation, waste gas treatment, liquor processing, and solid waste management. Recent developments include signing a 10.385 billion yuan contract for a clean energy project in Laos and a 1.642 billion yuan contract for the Laos XTPPL 500KV power transmission and transformation construction project with Laos Xekong Thermal Power Plant Co., Ltd. in March 2025, marking significant international expansion in Southeast Asia; additionally, the company cancelled its acquisition of a 70% stake in Yingtan Hongteng Metal Products Co., Ltd. in April 2025.