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Jiangxi Ganneng Co Ltd

Jiangxi Ganneng Co., Ltd. is a China-based power generation company. It produces electricity through thermal, hydropower, photovoltaic, and new energy sources, and also provides research, development, and services for power industry technology. The company is involved in heat production and supply and operates an installed power capacity of 6,250.5 MW. Incorporated in 1997, it is headquartered in Nanchang, China.

Price · split & dividend adjusted
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China
000899.CS▼2

Ganneng Co. first-half 2026 net profit 251 million yuan, down 41.03% year on year

Ganneng Co. released its 2026 interim report, with net profit attributable to the parent company of 251 million yuan, down 41.03% from the same period last year. Total operating revenue was 4.084 billion yuan, up 34.31% year on year. Net cash inflow from operating activities was 1.58 billion yuan, up 34.67% year on year, marking four consecutive years of growth. The company's latest asset-liability ratio was 65.88%, gross margin was 17.60%, return on equity was 4.13%, and diluted earnings per share was 0.26 yuan.
000899.CS · Capital · Negative Net profit down 41.03% year on year in H1 2026.
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Energy Transition & Power Demand▲

A-share three major indexes close morning session lower, power sector bucks trend with Huayin Electric and others hitting daily limit up

On the morning of July 17, the three major A-share indexes fell collectively. The Shanghai Composite Index dropped 1.64 percent to 3,818.59 points, the Shenzhen Component Index fell 3.7 percent, the ChiNext Index declined 4.71 percent, and the STAR Composite Index tumbled over 5 percent. More than 4,300 stocks across the market declined. The power sector bucked the trend, with Huayin Electric hitting the daily limit up in a straight line, with over 660,000 lots locked in. Leshan Electric, Guiguan Electric, Shennan Electric A, Hangzhou Thermal Power, Lixin Energy, and Ganneng also hit their daily limit up. Jiawei New Energy surged nearly 16 percent. On the news front, many regions continue to experience high temperatures. Shanghai's power grid reached a record high in maximum electricity load, and several cities in Jiangsu also set new records. Data from the National Energy Administration showed that total electricity consumption in June was 898.1 billion kilowatt-hours, up 3.7 percent year-on-year. The technology sector slumped heavily, with CPO concept stocks plunging. Demingli hit the daily limit down for three consecutive days. Dongshan Precision, Yangtze Optical Fibre, and Accelink Technologies, each with a market value of over 100 billion yuan, also hit the daily limit down. Zhongji Innolight fell over 10 percent, and Tianfu Communication dropped over 11 percent. The pharmaceutical sector also tumbled, with CRO concept stocks Zhaoyan New Drug and Asymchem hitting the daily limit down, and WuXi AppTec falling over 6 percent.
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Energy Transition & Power Demand › Grid, Transmission & Power Equipment ▲Demand
Energy Transition & Power Demand › Energy Storage & Grid Flexibility ▲Demand
000037.CS · Demand · Positive Power sector bucked trend amid high temperatures and record electricity loads; Shennan Electric A hit daily limit up.
000899.CS · Demand · Positive Power sector bucked trend amid high temperatures and record electricity loads; Ganneng hit daily limit up.
001258.CS · Demand · Positive Power sector bucked trend amid high temperatures and record electricity loads; Lixin Energy hit daily limit up.
600744.CG · Demand · Positive Huayin Electric hit daily limit up on high temperature-driven power demand.
603259.CG · Demand · Negative Pharmaceutical sector tumbled, with CRO concept stocks hitting limit down; WuXi AppTec fell over 6%.
605011.CG · Demand · Positive Power sector bucked trend amid high temperatures and record electricity loads; Hangzhou Thermal Power hit daily limit up.
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