Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
605580.SS
STRONG SELLREMOVEHengsheng Energy Co., Ltd · Utilities · China · $1.3B · Avg Vol: $53M/d
Hengsheng Energy operates cogeneration power plants. While energy prices are supported by geopolitical risk, regulated utilities in China face strict tariff caps and rising coal/feedstock costs, compressing margins rather than acting as a beneficiary.
COMPANY DESCRIPTION
Hengsheng Energy Co., Ltd. provides combined heat and power (CHP) generation services, supplying electricity and steam to industrial enterprises. The company operates as a regional monopoly within its designated industrial parks in Zhejiang Province, where industrial customers are legally required to source steam from its centralized facilities. Its competitive moat is secured by high entry barriers for utility infrastructure and long-term supply contracts with local manufacturers.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 131M | 117M | 120M | 151M | 4.8% |
| EPS | 0.07 | 0.07 | 0.07 | 0.08 | 4.6% |
| Shares | 280M | 280M | 280M | 280M | 0.0% |
| Debt | 13M | 43M | 44M | 96M | 95.6% |
| Equity | 131M | 133M | 139M | 151M | 5.0% |
| Op CF | 7M | 30M | 13M | 53M | 94.2% |
| Inv CF | 12M | -48M | -7M | -33M | — |
| Fin CF | -2M | 11M | -15M | -20M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of 605580.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 605580.SS | Hengsheng Energy Co., Ltd(you) | $1.3B | 14 | STRONG SELL |
| 600310.SS | Guangxi Energy Co., Ltd. | $1.3B | 8 | STRONG SELL |
| 000993.SZ | Fujian Mindong Electric Power Group Co., Ltd. | $1.0B | 11 | STRONG SELL |
| 605011.SS | Hangzhou Cogeneration Group Co., Ltd. | $1.3B | 21 | SELL |
| 600868.SS | Guangdong Meiyanjixiang Hydropower Co.,Ltd. | $982M | 9 | STRONG SELL |
| 001258.SZ | Xinjiang Lixin Energy Co., LTD. | $1.4B | 4 | STRONG SELL |
| 002210.SZ | Shenzhen Feima International Supply Chain Co., Ltd. | $1.1B | 3 | STRONG SELL |
| 2655.HK | Guoxia Technology Co., Ltd. | $1.4B | 29 | SELL |
| 000537.SZ | Green Development Electricity Group of Tianjin Co., Ltd. | $3.3B | 18 | STRONG SELL |
| 600032.SS | Zhejiang Provincial New Energy Investment Group Co., Ltd. | $3.8B | 16 | STRONG SELL |
Peer medians: ROE 7.2% · P/E 22.3x · Gross margin 24.8%