15.69
+0.84%
Close of 9 Nov 2026, in CNY
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About Hengsheng Energy Co
Its shares trade on Shanghai under the ticker 605580.SS. It has been listed since 19 August 2021. In the fiscal year to 31 December 2025, it reported revenue of CN¥1.02bn and net income of CN¥156.0m. At that date it held total assets of CN¥2.30bn and shareholders' equity of CN¥1.02bn.
Hengsheng Energy Co., Ltd. engages in the production and supply of steam and hot water. The company is headquartered in Quzhou, Zhejiang. The company went IPO on 2021-08-19. The firm operates two major product segments: The Coal-Fired Cogeneration segment and The Biomass Hotspot Cogeneration segment. The firm is engaged in the combined heat and power business in the planned heating area, and its main products are steam and electricity. The firm uses coal and biomass as raw materials to produce steam and electricity through cogeneration. The steam is mainly supplied to papermaking, textile printing and dyeing, furniture manufacturing, food emulsion and other enterprises in the industrial park. The electricity produced is mainly sold to end users of the State Grid. The firm distributes its products within the domestic market.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Utilities
- Industry
- Multi-Utilities
- Listed since
- 19 Aug 2021
- Employees
- 227
Leadership
Pay as last reported
- Mr. Guoxu YuChairman of the Board, Acting Secretary of the Board, since 2020CN¥866,700
- Mr. Hongri XiangFinance DirectorCN¥269,700
- Mr. Heng YuGeneral Manager, Director, since 2020CN¥860,400
- Mr. Libin XiDeputy General Manager, Director, since 2020CN¥351,500
- Mr. Kun YuStaff Elected Director
- Mr. Zhongcai JinIndependent Director
- Mr. Huanjun WangIndependent Director
- Ms. Haiyan YueIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Hengsheng Energy employs 227 full-time employees in Quzhou, Zhejiang.
- The company operates two major product segments: Coal-Fired Cogeneration and Biomass Hotspot Cogeneration.
- Hengsheng Energy supplies steam to papermaking, textile, and furniture manufacturing in industrial parks.
Weaknesses
- Hengsheng Energy's steam is supplied to papermaking, textile, and furniture manufacturing sectors.
- The company's electricity is sold to State Grid end users only.
- Hengsheng Energy's operations are limited to the domestic market in China.
Opportunities
- Hengsheng Energy could expand its biomass segment to increase renewable energy use.
- The firm's cogeneration business in planned heating areas offers growth potential.
- Hengsheng Energy may explore new industrial sectors for steam supply.
Threats
- Hengsheng Energy relies on coal as a raw material for steam production.
- The company's operations are concentrated in Quzhou, Zhejiang, limiting geographic reach.
- Hengsheng Energy faces competition from other domestic utilities in China.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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