Hangzhou Cogeneration Group Co Ltd

605011 · SHG · Utilities / Utilities - Renewable

15.70CNY-0.19 (-1.20%)

Price History

Full chart

Market Stats

Previous Close15.89

Open15.89

Day Range15.68 – 16.05

52-Week Range15.07 – 23.68

Volume3.38M

Market Cap7.69B

P/E (TTM)44.67

Forward P/E0.00

EPS0.43

Dividend Yield0.78%

Beta0.34

50-Day Avg17.60

200-Day Avg19.43

About

Hangzhou Cogeneration Group Co., Ltd. provides heat supply and power generation services in China. The company operates through the Thermal Power Business, Coal Business, and Others segments. It is also involved in coal, steam, electricity, and thermal power pipeline construction. The company was incorporated in 1997 and is headquartered in Hangzhou, China. Hangzhou Cogeneration Group Co., Ltd. operates as a subsidiary of Hangzhou Energy Group Co., Ltd.

Company Details

SectorUtilities
IndustryUtilities - Renewable
CEOMr. Qidong Feng
Employees787
HeadquartersBuilding 1, Hangzhou, China, 310000, China
Websitehttps://www.hzrdjt.com

Leadership

Mr. Qidong FengDeputy General Manager · b. 1976
Mr. Jun YuGeneral Manager & Director · b. 1972
Ms. Linghong WuCFO, Board Secretary, Deputy GM & Director · b. 1983
Kai Xi LuAccounting Supervisor

Financials

Income Statement

Currency: CNY	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	982.03M	1.64B	1.95B	2.00B	2.09B	3.18B	3.63B	3.29B	3.54B	3.17B
Growth (%)	-	+67.46%	+18.29%	+2.91%	+4.30%	+52.41%	+14.03%	-9.36%	+7.64%	-10.49%
Cost of Revenue	719.01M	1.34B	1.67B	1.69B	1.71B	2.78B	3.29B	2.89B	3.17B	2.81B
Gross Profit	263.02M	301.27M	272.77M	314.68M	382.95M	404.98M	334.71M	397.89M	372.02M	361.33M
Gross Margin	26.78%	18.32%	14.02%	15.72%	18.34%	12.72%	9.22%	12.10%	10.51%	11.40%
Operating Expense	123.21M	70.43M	71.37M	43.07M	40.21M	69.33M	41.96M	63.92M	76.34M	169.45M
Operating Income	139.81M	230.84M	201.40M	271.61M	342.74M	335.65M	292.75M	333.97M	295.68M	191.88M
Operating Margin	14.24%	14.04%	10.35%	13.57%	16.41%	10.55%	8.07%	10.15%	8.35%	6.05%
EBITDA	240.22M	388.02M	376.66M	455.96M	513.03M	506.45M	463.43M	475.79M	445.32M	436.02M
EBITDA Margin	24.46%	23.59%	19.36%	22.77%	24.57%	15.91%	12.77%	14.46%	12.58%	13.76%
Net Income	134.10M	158.80M	153.22M	204.26M	233.89M	233.47M	212.04M	211.34M	211.97M	186.48M
Net Income Margin	13.66%	9.66%	7.88%	10.20%	11.20%	7.34%	5.84%	6.42%	5.99%	5.88%
R&D	586.13K	899.42K	2.88M	2.86M	3.21M	2.33M	1.57M	10.15M	27.55M	29.95M
R&D as % of Total Revenue	0.06%	0.05%	0.15%	0.14%	0.15%	0.07%	0.04%	0.31%	0.78%	0.94%
Interest Expense	63.27M	69.22M	75.64M	75.99M	65.38M	56.75M	49.01M	27.49M	17.74M	15.67M
Interest Expense % of Total Revenue	6.44%	4.21%	3.89%	3.80%	3.13%	1.78%	1.35%	0.84%	0.50%	0.49%

Balance Sheet

Currency: CNY	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	2.98B	3.47B	3.59B	3.49B	3.53B	3.92B	3.99B	3.79B	4.08B	4.38B
Total Liabilities	1.94B	2.28B	2.10B	1.82B	1.64B	1.61B	1.51B	1.13B	1.23B	1.32B
Total Equity	801.73M	920.59M	1.20B	1.36B	1.53B	1.90B	2.04B	2.18B	2.33B	2.43B
Cash	210.28M	335.97M	422.92M	357.10M	443.58M	704.41M	795.21M	724.27M	742.52M	888.53M
Total Debt	1.26B	1.60B	1.54B	1.41B	1.22B	1.20B	1.10B	667.43M	639.66M	-
Net Debt	1.05B	1.27B	1.12B	1.06B	778.80M	497.13M	302.82M	-56.84M	-102.85M	-

Cash Flow

Currency: CNY	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-	264.08M	259.63M	286.08M	346.34M	193.96M	395.02M	447.31M	333.99M	328.08M
Investing Cash Flow	45.11M	-351.55M	-94.29M	-36.59M	73.29M	33.21M	-91.13M	30.47M	-221.08M	-
Financing Cash Flow	-258.46M	192.45M	-57.66M	-315.33M	-333.17M	33.41M	-214.72M	-548.94M	-92.65M	-
Capital Expenditure	99.40M	413.79M	128.78M	121.98M	47.09M	103.30M	72.49M	126.30M	326.36M	304.69M
Free Cash Flow	-99.40M	-149.71M	130.85M	164.10M	299.25M	90.65M	322.54M	321.01M	7.63M	23.39M
Dividends Paid	89.77M	119.65M	121.43M	120.35M	62.39M	72.02M	72.02M	91.28M	81.74M	104.39M
FCF to OCF	-	-56.69%	50.40%	57.36%	86.40%	46.74%	81.65%	71.76%	2.28%	7.13%
Dividend Paid to FCF	-90.31%	-79.92%	92.80%	73.34%	20.85%	79.44%	22.33%	28.43%	1071.97%	446.36%

Earnings

Report Date	Sep 30, 2021	Dec 31, 2021	Mar 31, 2022	Jun 30, 2022	Sep 30, 2022	Dec 31, 2022	Mar 31, 2023
EPS Estimate	-	-	-	-	-	-	-
EPS Actual	0.14	0.11	0.10	0.17	0.14	0.12	0.10
Surprise	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap7.69B

Enterprise Value7.16B

Trailing P/E44.67

Forward P/E0.00

Price / Sales2.34

Price / Book2.83

EPS0.43

Book Value6.22

Revenue (TTM)3.28B

Gross Profit (TTM)348.73M

EBITDA311.40M

Profit Margin5.24%

Operating Margin6.96%

Return on Equity7.20%

Return on Assets2.53%

Shares Outstanding400.10M

Shares Float78.49M

Beta0.34

Dividend Yield0.78%

Dividend Rate0.15

Payout Ratio37.21%

Dividends

20261×

0.10May 29, 2026

20252×

0.06Nov 7, 20250.16May 30, 2025

20241×

0.16Jun 7, 2024

20231×

0.16Jun 1, 2023

20221×

0.18Jun 9, 2022

20211×

0.18Sep 29, 2021