Shanghai Electric Power Co., Ltd.

Shanghai Stock Exchange 600021.SS

Shanghai Electric Power Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 2.79

Shanghai Electric Power Co., Ltd. Debt to Equity Ratio is 2.79 for the year ending December 31, 2023, a -29.45% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Shanghai Electric Power Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 3.95, a -5.48% change year over year.
Shanghai Electric Power Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 4.18, a 33.91% change year over year.
Shanghai Electric Power Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 3.12, a 17.67% change year over year.
Shanghai Electric Power Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 2.65, a 2.81% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Shanghai Stock Exchange: 600021.SS

Shanghai Electric Power Co., Ltd.

CEO	Mr. Chen Wenhao
IPO Date	Oct. 29, 2003
Location	China
Headquarters	Xinyuan Square A
Employees	7,149
Sector	Utilities
Industries Electricity Coal Energy Infrastructure & Tools Geothermal Energy Hydro Energy Renewables Solar Energy

Description

Shanghai Electric Power Company Limited engages in the power generation, transmission, distribution, sale, and service activities in China and internationally. The company provides coal-fired power, gas-fired power, wind power, solar power, heat, and integrated smart energy. As of December 31, 2020, it had an installed capacity of 16,762,900 kilowatts. The company was founded in 1882 and is headquartered in Shanghai, China. Shanghai Electric Power Co.,Ltd operates as a subsidiary of State Power Investment Corporation Limited.

Key trends

Past 5 years