002893.SZ(002893.SZ)

$9.64—

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002893.SZ(002893.SZ)

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$9.64—

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002893.SZ(002893.SZ)

002893.SZ

Overview Notebook Intelligence Chart History Fundmntls TTM Earnings Analysts News Financials Segments Insiders Institl.DCF Peers

8/1/26

BEIJING JINGNENG THERMAL CO. LTD. CLASS A (002893.SZ)

Saturday

2:05 PM

Thesis: The company's expansion plans and favorable regulatory environment are creating a more optimistic outlook for revenue growth.

Revenue Outlook

Metric	FY2024	FY2025
Revenue	$1.1B	$1.3B
Rev. Growth	-1.4%	+24.5%
EPS	$0.25	$0.24
EPS Growth	-3.8%	-4.0%
P/E	38.6×	40.2×

What’s Driving the Stock

1The company is expanding its thermal capacity by 15% through new plant investments, which could enhance revenue by approximately $200 million annually.
2Recent government initiatives to reduce emissions may lead to increased subsidies for cleaner technologies, potentially benefiting Jingneng's transition plans.
3A recent increase in electricity demand in Beijing due to economic recovery could lead to higher revenue projections.
4China's energy transition towards cleaner sources
5Urbanization and increasing electricity demand in major cities
6Changes in electricity pricing regulations in China
7Fluctuations in coal and natural gas prices impacting operational costs
8Government policies promoting renewable energy and emissions reductions

FY2025 Snapshot

Revenue: $1.3B
Rev. Growth: +24.5%
Gross Margin: 20.2%
Op. Margin: 7.2%
Net Margin: 4.7%
Net Income: $62M
NI Growth: -6.7%
EPS: $0.24
1Y Return: -10.9%

002893.SZ Chart

My Notes

"Management emphasized the importance of adapting to regulatory changes while expanding capacity to meet rising demand."
Moat: The company's established infrastructure and regulatory backing provide a durable competitive advantage.
value - the company's stable cash flows and regulated nature appeal to value investors seeking income and stability.
Interest rates affect financing costs for capital expenditures and can impact the company's valuation multiples; higher rates may increase…
Watch on earnings: Coal and natural gas prices (DCOILWTICO, DCOILBRENTEU), Electricity demand growth in Beijing, Regulatory changes affecting electricity pricing.

One Sentence Summary:

Beijing Jingneng Thermal Co. Ltd. Class A: the setup is constructive — the company is expanding its thermal capacity by 15% through new plant investments.

Auto-composed from Stock Alarm intelligence, financial statements, and analyst estimates. Not investment advice.

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Metric

FY2024

FY2025

P/E

38.6×

40.2×

What’s Driving the Stock

1The company is expanding its thermal capacity by 15% through new plant investments, which could enhance revenue by approximately $200 million annually.

2Recent government initiatives to reduce emissions may lead to increased subsidies for cleaner technologies, potentially benefiting Jingneng's transition plans.

3A recent increase in electricity demand in Beijing due to economic recovery could lead to higher revenue projections.

4China's energy transition towards cleaner sources

5Urbanization and increasing electricity demand in major cities

6Changes in electricity pricing regulations in China

7Fluctuations in coal and natural gas prices impacting operational costs

8Government policies promoting renewable energy and emissions reductions

My Notes

"Management emphasized the importance of adapting to regulatory changes while expanding capacity to meet rising demand."

Moat: The company's established infrastructure and regulatory backing provide a durable competitive advantage.

value - the company's stable cash flows and regulated nature appeal to value investors seeking income and stability.

Interest rates affect financing costs for capital expenditures and can impact the company's valuation multiples; higher rates may increase…

Watch on earnings: Coal and natural gas prices (DCOILWTICO, DCOILBRENTEU), Electricity demand growth in Beijing, Regulatory changes affecting electricity pricing.