Jinneng Holding Shanxi Electric Power Co Ltd: A Surge in the Power Sector

On May 13, 2025, the power sector experienced a significant surge, with Jinneng Holding Shanxi Electric Power Co Ltd, listed on the Shenzhen Stock Exchange, being part of this upward trend. The company, which specializes in electric power generation, transmission, distribution, and other services, saw its stock price rise alongside other power companies.

Market Overview

The A-share market on May 13 presented a mixed performance. The Shanghai Composite Index rose by 0.17%, while the Shenzhen Component Index and the ChiNext Index fell by 0.13% and 0.12%, respectively. The total market turnover was 13260 billion yuan, slightly lower than the previous day.

Power Sector Performance

In the afternoon, the power sector gained momentum, with Jinneng Holding Shanxi Electric Power Co Ltd’s stock price reaching a historical high. By the end of the trading session, the company’s stock price was at 2.99 CNH, nearing its 52-week high of 3.16 CNH set on May 11, 2025. The company’s market capitalization stood at 8.15 billion CNH.

Industry Insights

The surge in the power sector was attributed to a decline in coal prices, which positively impacted the profitability of thermal power companies. According to a research report by Minsheng Securities, the first quarter saw stable growth in thermal power earnings, and with the upcoming peak electricity demand season, earnings are expected to continue improving if coal prices remain low.

Jinneng Holding Shanxi Electric Power Co Ltd Fundamentals

  • Sector: Utilities
  • Industry: Independent Power and Renewable Electricity Producers
  • Primary Exchange: Shenzhen Stock Exchange
  • Currency: CNH
  • Close Price (2025-05-11): 2.99 CNH
  • 52 Weeks High (2025-05-11): 3.16 CNH
  • 52 Weeks Low (2024-09-17): 2.13 CNH
  • Market Cap: 8.15 billion CNH
  • P/E Ratio: 23.23

Conclusion

The power sector’s performance, particularly the rise in Jinneng Holding Shanxi Electric Power Co Ltd’s stock, reflects broader market trends and industry dynamics. Investors are advised to monitor coal price trends and electricity demand patterns to gauge future performance in this sector.