Risk factor
Meaningful price volatility
Profitability factor
Greatly overvalued vs peers
About
Shenzhen Nanshan Power Co., Ltd., along with its affiliated companies, is primarily engaged in the production and sale of electricity and thermal energy. The company structures its operations into three core areas: Power Supply & Heating, Fuel Trading, and Other services. Its power generation capabilities encompass a range of technologies, including gas turbines, waste heat recovery systems, and the operation of natural gas and cogeneration power plants. Beyond its energy sector activities, the company also offers environmental solutions, such as sludge drying and the design and operational management of sludge treatment and disposal facilities. They further provide technological development, transfer, and consulting services focused on environmental pollution control and resource utilization. Shenzhen Nanshan Power also delivers specialized technical advisory services for the construction of gas-steam combined cycle power plants and handles the maintenance and overhaul of the equipment within these facilities. Its business scope extends to the import and export of various goods and technologies. Within its fuel and trading segment, the company engages in self-supporting or acting as an agent for fuel oil, alongside the trading of diesel, lubricating oil, liquefied petroleum gas (LPG), natural gas, compressed and liquefied gases, and chemical products. This includes investment, construction, and technical support for LPG and natural gas infrastructure. Additionally, the company offers fuel oil warehousing, freight transportation, the leasing of wharves and oil depots, and agency services for gas turbine spare parts. Established in 1990, Shenzhen Nanshan Power Co., Ltd. is headquartered in Shenzhen, China.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB