CGN Power (003816) Stock Price, Fundamentals & Analysis

What 003816 does

CGN Power (003816) operates and manages nuclear power stations and sells the electricity generated by these stations in the People's Republic of China. It also provides construction, installation, design, and related technical services, as well as labor services. As of December 31, 2025, the company manages 28 nuclear power units with a total installed capacity of 31.838 GW. CGN Power operates as a subsidiary of China General Nuclear Power Corporation and is listed on the Shenzhen Stock Exchange. It is part of the Shenzhen Stock Exchange stocks universe and sits in the Utilities sector, alongside peers such as China Longyuan Power Group Limited (001289) and GD Power Development (600795).

Key numbers explained

• 4.19 CNY is the latest price, the most recent trading value of one share.
• The trailing P/E ratio of 22.1 shows how much investors pay per unit of earnings per share the company has already earned; a higher number can reflect higher growth expectations or a premium.
• The forward P/E ratio of 18.6 uses expected earnings and is often read as a more forward-looking valuation than the trailing P/E.
• Dividend yield of 2.05% is the annual dividend as a percentage of the price, indicating the cash return a shareholder would receive from dividends alone if the yield stayed the same.
• Beta of 0.07 suggests the stock's price has historically moved much less than the overall market, which is typical for large utility companies.
• Market cap of 211.59 mld. CNY reflects the total value of all outstanding shares and is used to classify the company's size.
• Revenue growth of 11.8% year over year shows the pace at which the company's top line has expanded over the trailing twelve months.
• Operating margin of 45.3% indicates that for every CNY of revenue, the company keeps about 45.3% as operating profit after covering direct operating costs.

What to watch

• Regulatory and electricity pricing policies in China, which can affect revenue and margins for utilities like CGN Power.
• Nuclear capacity expansion and maintenance cycles, since the company's output depends on the operation of its 28 nuclear power units.
• Broader energy mix trends, including competition from other generators such as Huaneng Lancang River Hydropower (600025) and shifting demand patterns.
• Capital structure and debt levels, given the debt-to-equity ratio of 186%, which is a common metric to track for utility companies that rely on significant infrastructure investment.
• Dividend policy and the ex-dividend date of 10 iul. 2026, which determines eligibility for the next dividend payment.