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Shanghai Electric Power Co., Ltd. (600021.SS)

CNY14.09 +0.50 (+3.68%)
CN SHH Utilities Renewable Utilities
Address Xinyuan Square A 200010
Shanghai, CN
CEO Chen Huang
IPO 2003-10-29
ISIN CNE000001G53

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Description

Shanghai Electric Power Company Limited is engaged in comprehensive electricity operations, spanning power generation, transmission, distribution, sales, and related services, both within China and globally. The company's energy offerings are broad, encompassing traditional coal-fired and gas-fired power, alongside renewable sources like wind and solar power, as well as heat provision and integrated smart energy solutions. As of December 31, 2020, its installed capacity reached 16,762,900 kilowatts. Founded in 1882, the company maintains its headquarters in Shanghai, China, and functions as a subsidiary of State Power Investment Corporation Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CNY14.09 +0.50 (+3.68%)
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Volume Profile
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Liquidity & share structure
Average Volume
75M
Beta
0.72
Float Shares
1.21B
Free Float %
42.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+5.19% +26.52% +31.06% +1.97% -3.38% +11.29% +151.75% +90.59% +218.74% +117.37% +307.31%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
14.09
DCF (Unlevered) 104.11 +638.9%
DCF (Levered) 287.55 +1,940.8%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2024-11 Change
Strong Buy 1 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.53
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
4 / 5
High
ROA Score
2 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Renewable Utilities: +1.3%
    -2.1% Q1'26: -5.0% (vs Q1'25)
  • EPS growth Renewable Utilities: +6.7%
    +40.3% Q1'26: -37.0% (vs Q1'25)
  • FCF margin FCF growth · Renewable Utilities: +50.4%
    +8.6% Q1'26: -11.8% (vs Q1'25)
  • EBIT margin Renewable Utilities: +22.3%
    +22.8% Q1'26: +15.9% (vs Q1'25)
  • ROIC Renewable Utilities: +3.5%
    +5.3% Q1'26: +3.1% (vs Q1'25)
  • Share dilution Renewable Utilities: +0.0%
    +12.6% Q1'26: +20.8% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Renewable Utilities: 3.24×
    5.48× Q1'26: 20.27× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.60) × ERP
WACC = 43% × Ke + 57% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 104.11 Current price: 14.09
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Revenue
17.01B
est: 17.14B (-0.8%)
16.79B
est: 16.49B (+1.8%)
19.05B
est: 19.82B (-3.9%)
22.78B
est: 22.38B (+1.8%)
23.69B
est: 23.48B (+0.9%)
24.22B
est: 24.22B (0.0%)
30.84B
est: 28.51B (+8.2%)
39.25B
est: 37.80B (+3.8%)
42.40B
est: 42.40B (0.0%)
42.73B
est: 45.14B (-5.3%)
41.86B
est: 43.35B (-3.4%)
45.00B
45.00B – 45.00B
+3.8% YoY
46.39B
46.39B – 46.39B
+3.1% YoY
EBITDA
6.19B
est: 5.22B (+18.4%)
6.20B
est: 5.03B (+23.3%)
6.50B
est: 6.04B (+7.5%)
9.87B
est: 6.82B (+44.7%)
9.06B
est: 7.16B (+26.6%)
9.22B
est: 7.38B (+24.9%)
6.92B
est: 8.69B (-20.4%)
11.93B
est: 11.52B (+3.5%)
14.41B
est: 12.93B (+11.5%)
15.37B
est: 25.85B (-40.5%)
17.25B
est: 24.83B (-30.5%)
25.77B
25.77B – 25.77B
+3.8% YoY
26.57B
26.57B – 26.57B
+3.1% YoY
EBIT
4.34B
est: 2.54B (+71.2%)
3.92B
est: 2.44B (+60.4%)
3.80B
est: 2.93B (+29.6%)
6.47B
est: 3.31B (+95.3%)
5.21B
est: 3.48B (+49.8%)
5.04B
est: 3.59B (+40.6%)
2.15B
est: 4.22B (-48.9%)
6.21B
est: 5.60B (+11.0%)
7.94B
est: 6.28B (+26.6%)
8.57B
est: 16.95B (-49.5%)
9.55B
est: 16.28B (-41.4%)
16.90B
16.90B – 16.90B
+3.8% YoY
17.42B
17.42B – 17.42B
+3.1% YoY
Net Income
1.33B
est: 2.45B (-45.7%)
1.09B
est: 1.91B (-42.9%)
994.19M
est: 1.34B (-25.6%)
2.75B
est: 3.75B (-26.5%)
962.38M
est: 1.72B (-44.2%)
890.28M
est: 1.72B (-48.4%)
-1.84B
est: 795.58M (-330.7%)
334.20M
est: 712.71M (-53.1%)
1.59B
est: 1.66B (-3.9%)
2.05B
est: 2.35B (-12.8%)
2.77B
est: 3.74B (-26.1%)
4.19B
4.19B – 4.19B
+11.9% YoY
4.54B
4.54B – 4.54B
+8.3% YoY
SGA
980.52M
est: 923.13M (+6.2%)
1.07B
est: 888.46M (+20.2%)
1.13B
est: 1.07B (+5.4%)
1.30B
est: 1.21B (+7.5%)
1.35B
est: 1.26B (+7.0%)
1.56B
est: 1.30B (+19.6%)
1.73B
est: 1.54B (+12.6%)
1.72B
est: 2.04B (-15.7%)
2.27B
est: 2.28B (-0.6%)
2.20B
est: 1.99B (+10.8%)
639.42M
est: 1.91B (-66.5%)
1.98B
1.98B – 1.98B
+3.8% YoY
2.04B
2.04B – 2.04B
+3.1% YoY
EPS
0.62
est: 0.74 (-16.2%)
0.45
est: 0.58 (-22.0%)
0.41
est: 0.40 (+1.7%)
1.11
est: 1.13 (-1.8%)
0.36
est: 0.52 (-30.8%)
0.29
est: 0.52 (-44.2%)
-0.70
est: 0.24 (-391.7%)
0.07
est: 0.22 (-65.9%)
0.50
est: 0.50 (+0.0%)
0.62
est: 0.74 (-16.2%)
0.87
est: 1.18 (-26.3%)
1.32
1.32 – 1.32
+11.9% YoY
1.43
1.43 – 1.43
+8.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C+ 2/5 1/5 4/5 2/5 1/5 2/5 2/5
2026-05-28 C+ 2/5 1/5 4/5 2/5 1/5 2/5 2/5
2026-05-27 C+ 2/5 1/5 4/5 2/5 1/5 2/5 2/5
2026-05-26 C+ 2/5 1/5 4/5 2/5 1/5 2/5 2/5
2026-05-25 C+ 2/5 1/5 4/5 2/5 1/5 2/5 2/5
2026-05-22 C+ 2/5 1/5 4/5 2/5 1/5 2/5 2/5
2026-05-21 C+ 2/5 1/5 4/5 2/5 1/5 2/5 2/5
2026-05-20 C+ 2/5 1/5 4/5 2/5 1/5 2/5 2/5
2026-05-19 C+ 2/5 1/5 4/5 2/5 1/5 2/5 2/5
2026-05-18 C+ 2/5 1/5 4/5 2/5 1/5 2/5 2/5
2026-05-15 C+ 2/5 1/5 4/5 2/5 1/5 2/5 2/5
2026-05-14 C+ 2/5 1/5 4/5 2/5 1/5 2/5 2/5
2026-05-13 C+ 2/5 1/5 4/5 2/5 1/5 2/5 2/5
2026-05-12 C+ 2/5 1/5 4/5 2/5 1/5 2/5 2/5
2026-05-11 C+ 2/5 1/5 4/5 2/5 1/5 2/5 2/5
2026-05-08 B- 2/5 1/5 4/5 3/5 1/5 3/5 2/5
2026-05-07 B- 2/5 1/5 4/5 3/5 1/5 3/5 2/5
2026-05-06 B- 2/5 1/5 4/5 3/5 1/5 3/5 2/5
2026-04-30 C+ 2/5 1/5 4/5 3/5 1/5 2/5 2/5
2026-04-29 C+ 2/5 1/5 3/5 3/5 1/5 2/5 2/5
2026-04-28 C+ 2/5 1/5 3/5 3/5 1/5 2/5 2/5
2026-04-27 C+ 2/5 1/5 3/5 4/5 1/5 2/5 2/5
2026-04-24 C+ 2/5 1/5 3/5 4/5 1/5 2/5 2/5
2026-04-23 C+ 2/5 1/5 3/5 4/5 1/5 2/5 2/5
2026-04-22 C+ 2/5 1/5 3/5 4/5 1/5 2/5 2/5
2026-04-21 C+ 2/5 1/5 2/5 4/5 1/5 2/5 3/5
2026-04-20 C+ 2/5 1/5 2/5 4/5 1/5 2/5 3/5
2026-04-17 C+ 2/5 1/5 2/5 4/5 1/5 2/5 3/5
2026-04-16 C+ 2/5 1/5 2/5 4/5 1/5 2/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-8.52B
OE per share TTM
-2.86
Owner's Yield
-13.55%
Maintenance CapEx ratio
1,043.54%
Maint CapEx / Avg PPE
290.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 95 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF ASHS 0.19% 68.7K 0.65%
2 iShares MSCI China A ETF CNYA 0.08% 192.8K 0.60%
3 Xtrackers MSCI China A UCITS ETF 1C XX2D.L 0.08% 109.9K 0.35%
4 iShares MSCI China A UCITS ETF CNYE.MI 0.08% 79.5K 0.45%
5 iShares MSCI China A UCITS ETF CNYA.L 0.08% 2.41M 0.40%
6 Amundi MSCI China A UCITS ETF Acc CNAA.L 0.07% 104.1K 0.35%
7 KraneShares ICBCCS S&P China 500 Index UCITS ETF CHIN.L 0.04% 31.6K 0.55%
8 Invesco MSCI China All Shares Stock Connect UCITS ETF MCHN.L 0.04% 41.8K 0.35%
9 Franklin FTSE China ETF FLCH 0.02% 54.5K 0.19%
10 HSBC MSCI China UCITS ETF HMCD.L 0.02% 191.4K 0.28%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
1.34M
Shares Outstanding
2.82B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Chen Huang General Manager & Director male
Jiandong Tian Deputy General Manager male
Jing Xie Deputy GM & Chief Accountant male
Li Feng Deputy General Manager male
Longxing Pan General Manager male
Qiqi Xu General Counsel male
Xu Ji Deputy GM & Chief Accountant male
Yi Zou Board Secretary female
Zhichao Chen Deputy General Manager male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits