Henan Yuneng Holdings (001896) Fair Value & Analysis

Utilities · CN · Market cap 20.9B CNY

Below-average quality, and screening another 68% overvalued on our models.

What matters now

• The price sits above even our optimistic bull case (¥5.44). The favourable scenario is already priced in.
• Solid but not exceptional quality (49/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 8, 2026.

How to read this chart

60‑month range ¥3.01 – ¥22.70 · fair‑value band ¥3.26 – ¥5.44 · the ¥13.72 price screens above the ¥4.35 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 8, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Henan Yuneng Holdings (001896) currently trades at ¥13.72, while our model-based Fair Value estimate is ¥4.35, implying the stock looks roughly 68.3% overvalued today. The Quality Score stands at 49/100 (below-average quality), in the Utilities sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Henan Yuneng Holdings generated revenue of 10.8B CNY at a net margin of 3.5%. Revenue declined 15.0% year over year. It earns a return on equity of 10.1%. Net debt stands at 18.3B CNY. Fundamentals as of Aug 8, 2026

Our scenario range runs from ¥3.26 (bear case) to ¥5.44 (bull case); at ¥13.72, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 43% below its 52-week high and 221% above its 52-week low, currently above its 200-day average. For context, the median of 10 Utilities peers we cover trades at -27% fair-value upside, at -68%, 001896 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Widest divergence: DCF Models (¥10.73) versus Asset-Based (¥1.54). Highest evidence: Growth DCF (80).

Key figures & financial health

Quality Score breakdown

About the company

Henan Yuneng Holdings Co.,Ltd., through its subsidiaries, invests in, develops, generates, and sells electricity in China. It operates through Power, Coal, and Other segments.

Full company description

Henan Yuneng Holdings Co.,Ltd., through its subsidiaries, invests in, develops, generates, and sells electricity in China. It operates through Power, Coal, and Other segments. The company offers electricity and heat, including biomass thermal power, heating, wind power, photovoltaic power, and other power supply; and equipment maintenance, overhaul services, carbon asset trading, and other services to power generation companies, as well as sells power generation by-products. It also purchases and sells coal, selection, storage, transportation, and other services; and provides accounts receivable factoring financing services. In addition, the company is involved in provision of pumped storage, new energy, and comprehensive energy services; production and sale of power products; management of energy projects for electricity production; sale of power materials and fly ash; and power environmental protection and energy-saving technological upgrades. Henan Yuneng Holdings Co.,Ltd. was founded in 1997 and is based in Zhengzhou, China.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Henan Yuneng Holdings reported revenue of ¥11.2B in FY2025 versus ¥11.9B in FY2021, a compound −1.5%/yr. Reported net income was ¥390M in FY2025.

001896 screens 68% overvalued. Compare with NextEra Energy, Inc →

Peer Group

Utilities - Regulated Electric · 154 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Valuation Multiples vs Utilities - Regulated Electric median · lower = cheaper

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Utilities - Regulated Electric stocks, each showing price versus our Fair Value estimate (as of Aug 8, 2026).

Explore undervalued stocks

More undervalued Utilities stocks →

Frequently asked questions

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.