Ningbo Energy Group Co.,Ltd.

Shanghai Stock Exchange 600982.SS

Ningbo Energy Group Co.,Ltd. Return on Equity (ROE) for the year ending December 31, 2023: 9.71%

Ningbo Energy Group Co.,Ltd. Return on Equity (ROE) is 9.71% for the year ending December 31, 2023, a 13.53% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.
  • Ningbo Energy Group Co.,Ltd. Return on Equity (ROE) for the year ending December 31, 2022 was 8.55%, a -31.05% change year over year.
  • Ningbo Energy Group Co.,Ltd. Return on Equity (ROE) for the year ending December 31, 2021 was 12.41%, a 68.17% change year over year.
  • Ningbo Energy Group Co.,Ltd. Return on Equity (ROE) for the year ending December 31, 2020 was 7.38%, a 105.48% change year over year.
  • Ningbo Energy Group Co.,Ltd. Return on Equity (ROE) for the year ending December 31, 2019 was 3.59%, a -29.33% change year over year.
Key data
Date Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio
Market news
Loading...
SV Wall Street
Shanghai Stock Exchange: 600982.SS

Ningbo Energy Group Co.,Ltd.

CEO Mr. Nanhu Zhu
IPO Date July 6, 2004
Location China
Headquarters Block B, Development Building
Employees 1,502
Sector Utilities
Industries
Description

Ningbo Energy Group Co.,Ltd., together with its subsidiaries, engages in the cogeneration business in China. It operates coal-fired power plants, coal-fired gas-fired thermal power plants, and renewable energy power plants. The company is also involved in the production and consulting services of electricity, heat, and ash; heat supply activities; and construction and operation of charging piles and other cities energy infrastructure. In addition, it engages in the new energy development; investment management; equity investment; bulk commodity and energy trading; financial leasing; and waterway transportation activities. The company was formerly known as NINGBO THERMAL POWER CO.,LTD. and changed its name to Ningbo Energy Group Co.,Ltd. in December 2020. Ningbo Energy Group Co.,Ltd. was founded in 1994 and is based in Ningbo, China.

Similar companies

600981.SS

Jiangsu High Hope International Group Corporation

USD 0.35

0.69%

600995.SS

Yunnan Wenshan Electric Power Co.,Ltd.

USD 1.35

1.14%

600969.SS

Hunan Chendian International Development co.,ltd

USD 0.82

0.41%

600971.SS

Anhui Hengyuan Coal-Electricity Group Co., Ltd.

USD 1.24

3.58%

StockViz Staff

February 2, 2025

Any question? Send us an email