Hangzhou Cogeneration Group Co., Ltd. (SHA:605011)

China · Delayed Price · Currency is CNY

15.40

+0.09 (0.59%)

Nov 3, 2026, 3:00 PM CST

SHA:605011 Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,205	3,169	3,541	3,290	3,629	3,183
Revenue Growth	-1.42%	-10.49%	7.64%	-9.36%	14.03%	52.41%
Net Income	168.46	186.48	211.97	211.34	212.04	233.47
Earnings Per Share	0.44	0.47	0.53	0.53	0.53	0.61
EPS Growth	-5.14%	-11.32%	0%	0%	-13.11%	-6.15%

Revenue by Segment

Fiscal Year	FY 2025	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Thermoelectric Business	1,610	1,710
Others	84.94	153.35
Coal Trading (2)	1,474	1,677
Total	3,169	3,541

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	788.45	888.53	742.52	734.27	885.21	707.41
Total Debt	923.02	784.82	725.11	667.43	1,098	1,202
Net Cash (Debt)	-134.56	103.7	17.4	66.84	-212.82	-494.13
Net Cash Growth	-	495.93%	-73.96%	-	-	-
Net Cash Per Share	-0.35	0.26	0.04	0.17	-0.53	-1.29

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	178.76	328.08	333.99	447.31	395.02	193.96
Capital Expenditures	-431.04	-304.69	-326.36	-126.3	-72.49	-103.3
Free Cash Flow	-252.28	23.39	7.63	321.01	322.54	90.65
Free Cash Flow Growth	-	206.69%	-97.63%	-0.47%	255.79%	-69.71%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Pretax Margin	8.06%	8.91%	8.80%	10.21%	8.44%	10.80%
Profit Margin	5.26%	5.88%	5.99%	6.42%	5.84%	7.34%
FCF Margin	-7.87%	0.74%	0.21%	9.76%	8.89%	2.85%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.150	0.160	0.160	0.160	0.160	0.360
Dividend Per Share Growth	-31.82%	0%	0%	0%	-55.56%	-
Dividend Yield	0.97%	0.78%	0.75%	0.64%	1.05%	1.71%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	35.20	43.86	40.43	47.42	28.72	36.09
P/FCF Ratio	-	349.69	1123.91	31.22	18.88	92.95
PS Ratio	1.92	2.58	2.42	3.05	1.68	2.65