SDIC Power Holdings (600886) Stock Price, Fundamentals & Analysis

What 600886 does

SDIC Power Holdings (600886) is a stock listed on the Shanghai Stock Exchange that operates in the Utilities sector, specifically Utilities - Renewable. The company generates electricity through hydropower, thermal power, solar power, onshore wind power, offshore wind power, energy storage, and electricity sales. With an installed capacity of 44.6347 GW, it is a significant player in China's power generation landscape and operates as a subsidiary of State Development & Investment Corp., Ltd.

Key numbers explained

• 14.86 CNY is the current share price, representing the cost to buy one unit of the company.
• The trailing P/E ratio of 17.1 compares the current price to the last 12 months of earnings, helping investors assess if the stock is priced high or low relative to its recent profitability.
• The forward P/E ratio of 13.3 uses expected future earnings, offering a look at how the market values the company's growth prospects.
• A dividend yield of 3.42% indicates the annual cash return relative to the share price, based on the company's declared payouts.
• The beta of -0.06 suggests the stock's price movements have a very weak negative correlation with the broader market, meaning it tends to move independently of market swings.
• 118.95B CNY is the market capitalization, the total value of all outstanding shares, which reflects the company's size in the eyes of the market.
• The price-to-book ratio of 1.79 compares the market price to the company's book value per share, a measure of how the market values the firm's net assets.

What to watch

Investors tracking SDIC Power Holdings (600886) should monitor the broader Utilities sector and the performance of peers like China National Nuclear Power (601985) and Zhejiang Zheneng Electric Power (600023), as sector trends can influence sentiment. The company's significant hydropower and renewable capacity means it is exposed to regulatory changes in China's energy policy and weather patterns that affect hydro and wind output. The debt-to-equity ratio of 131.3% is a factor to watch, as it indicates a higher reliance on debt financing, which can affect financial stability during interest rate shifts. The ex-dividend date of Aug 7, 2026 is a key calendar event for income-focused investors. For those building a diversified portfolio, comparing 600886 with other Chinese utilities such as Huaneng Lancang River Hydropower (600025) or China Three Gorges Renewables (Group) (600905) can provide useful context.