Shanghai Electric Power Co., Ltd.

SHSE:600021 Stock Report

Market Cap: CN¥67.7b

Shanghai Electric Power Past Earnings Performance

Past criteria checks 2/6

Shanghai Electric Power has been growing earnings at an average annual rate of 36.8%, while the Renewable Energy industry saw earnings growing at 10.7% annually. Revenues have been growing at an average rate of 11.8% per year. Shanghai Electric Power's return on equity is 8.1%, and it has net margins of 5%.

Key information

36.83%

Earnings growth rate

37.38%

EPS growth rate

Renewable Energy Industry Growth7.19%
Revenue growth rate11.83%
Return on equity8.14%
Net Margin4.96%
Last Earnings Update30 Sep 2025

Recent past performance updates

Recent updates

Here's Why Shanghai Electric Power (SHSE:600021) Is Weighed Down By Its Debt Load

Mar 12
Here's Why Shanghai Electric Power (SHSE:600021) Is Weighed Down By Its Debt Load

Sentiment Still Eluding Shanghai Electric Power Co., Ltd. (SHSE:600021)

Jan 29
Sentiment Still Eluding Shanghai Electric Power Co., Ltd. (SHSE:600021)

A Look At The Fair Value Of Shanghai Electric Power Co., Ltd. (SHSE:600021)

Jan 08
A Look At The Fair Value Of Shanghai Electric Power Co., Ltd. (SHSE:600021)

Revenue & Expenses Breakdown

How Shanghai Electric Power makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SHSE:600021 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2542,3222,0992,652209
30 Jun 2543,0872,1672,550194
31 Mar 2542,5691,8572,572185
31 Dec 2442,7341,7392,489208
30 Sep 2443,4762,5752,412201
30 Jun 2442,2292,1192,304221
31 Mar 2442,6681,8922,336216
31 Dec 2342,4021,5932,276209
30 Sep 2342,8891,5752,110218
30 Jun 2343,3921,1771,889201
31 Mar 2341,2095681,781198
31 Dec 2239,2493341,719198
30 Sep 2236,520-2,1821,846196
30 Jun 2232,669-2,7341,899189
31 Mar 2232,016-2,1331,880190
31 Dec 2130,836-1,9661,894186
30 Sep 2128,30131,719129
30 Jun 2126,7357291,687133
31 Mar 2125,8498871,665145
31 Dec 2024,2187601,635127
30 Sep 2024,0891,2601,244224
30 Jun 2023,8701,0861,369197
31 Mar 2023,3828291,374153
31 Dec 1923,6909621,361155
30 Sep 1923,4172,8711,53519
30 Jun 1923,2183,0321,36419
31 Mar 1922,9312,9311,29220
31 Dec 1822,7792,7521,28019
30 Sep 1821,4631,2351,20923
30 Jun 1821,0901,0201,17325
31 Mar 1820,1079621,12222
31 Dec 1719,0489941,10220
30 Sep 1719,6458261,0475
30 Jun 1718,3788241,1010
31 Mar 1717,2588861,0930
31 Dec 1616,7871,0911,0710
30 Sep 1616,0761,2399640
30 Jun 1616,2391,2149890
31 Mar 1616,8961,3689970
31 Dec 1517,0061,3321,0070
30 Sep 1517,7101,6369520
30 Jun 1516,8551,5169970
31 Mar 1516,6491,3809430
31 Dec 1416,1021,3269190

Quality Earnings: 600021 has high quality earnings.

Growing Profit Margin: 600021's current net profit margins (5%) are lower than last year (5.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 600021's earnings have grown significantly by 36.8% per year over the past 5 years.

Accelerating Growth: 600021's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 600021 had negative earnings growth (-18.5%) over the past year, making it difficult to compare to the Renewable Energy industry average (-7.2%).


Return on Equity

High ROE: 600021's Return on Equity (8.1%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/22 02:59
End of Day Share Price 2025/11/21 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Shanghai Electric Power Co., Ltd. is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jiani LiuChina International Capital Corporation Limited
Fei WuCitic Securities Co., Ltd.
Wei WangEverbright Securities Co. Ltd.