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Guangxi Guiguan Electric PowerCo.,Ltd. (600236) Fair Value & Analysis

Utilities · CN · Market cap 83.7B CNY

GG Guangxi Guiguan Electric PowerCo.,Ltd. 600236 · SHG
Price¥10.97
Fair Value¥6.41
Upside-41.6%
Quality71/100
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Expensive Growth
Highly profitable · 32.4% net margin
Moderate debt · generates free cash flow
3.04% dividend yield
Mixed vs. peers (8/14)
Wide moat 75/100
Evidence: Medium Range ¥3.58 – ¥8.67 Share as image

Fair value as of: Jul 18, 2026

From 26 valuation models · updated 20 days ago

Share price +16.7% over the past month.

A solid business, but screening 42% overvalued on our models.

What matters now

  • A high-quality business (quality 71/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (¥8.67). The favourable scenario is already priced in.
  • A fairly wide model range (¥3.58 to ¥8.67) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥12.14 ¥4.13 Fair Value ¥6.41 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range ¥4.13 – ¥12.14 · fair‑value band ¥3.58 – ¥8.67 · the ¥10.97 price screens above the ¥6.41 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Guangxi Guiguan Electric PowerCo.,Ltd. (600236) currently trades at ¥10.97, while our model-based Fair Value estimate is ¥6.41, implying the stock looks roughly 41.6% overvalued today. We read business quality at 71/100 (solid 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: medium).

Over the trailing twelve months, Guangxi Guiguan Electric PowerCo.,Ltd. generated revenue of 11.1B CNY at a net margin of 32.4%. Revenue grew 37.0% year over year. It earns a return on equity of 17.1%. Net debt stands at 20.8B CNY. Fundamentals as of Jul 18, 2026

Our scenario range runs from ¥3.58 (bear case) to ¥8.67 (bull case); at ¥10.97, 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 13% below its 52-week high and 77% above its 52-week low, currently above its 200-day average. For context, the median of 10 Utilities peers we cover trades at -30% fair-value upside, at -42%, 600236 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.

Model BearBaseBull Evidence
Highest evidence
Growth DCF ¥2.94 ¥5.80 ¥10.39 80
Residual Income ¥2.74 ¥3.46 ¥7.99 76
Rev-Margin DCF ¥1.46 ¥3.12 ¥5.15 74
All 26 models by family
DCF Models
FCF DCF ¥2.91 ¥5.87 ¥10.66 38
Owner Earnings ¥0.7700 ¥2.30 ¥4.78 31
5Y Revenue Exit ¥1.46 ¥3.10 ¥5.21 39
5Y EBITDA Exit ¥5.28 ¥10.57 ¥17.01 41
5Y P/E Exit ¥3.72 ¥7.53 ¥11.71 38
10Y Revenue Exit ¥1.85 ¥3.53 ¥5.83 36
10Y EBITDA Exit ¥4.41 ¥8.84 ¥15.23 37
10Y P/E Exit ¥3.40 ¥6.68 ¥11.01 35
Earnings-Based
Graham-Dodd ¥2.83 ¥10.78 ¥14.60 54
Lynch FV ¥2.62 ¥3.74 ¥4.87 50
PEG = 1.0 ¥2.62 ¥3.74 ¥4.87 46
EPV ¥3.77 ¥4.65 ¥5.42 59
Dividend Discount
Gordon GGM ¥2.27 ¥4.72 ¥7.49 70
DDM Multi-Stage ¥2.27 ¥3.98 ¥4.95 61
Multiples
P/E Multiple ¥6.24 ¥8.32 ¥10.40 63
P/S Multiple ¥2.47 ¥3.30 ¥4.12 58
P/B Multiple ¥5.30 ¥7.07 ¥8.84 55
EV/EBIT ¥6.81 ¥9.58 ¥12.35 53
EV/EBITDA ¥7.31 ¥10.25 ¥13.20 54
EV/Revenue ¥0.8000 ¥1.79 ¥2.77 43
Asset-Based
NCAV (Graham) ¥1.32 ¥1.77 ¥2.63 50
Growth DCF
Growth DCF ¥2.94 ¥5.80 ¥10.39 80
Rev-Margin DCF ¥1.46 ¥3.12 ¥5.15 74
Economic Profit
Residual Income ¥2.74 ¥3.46 ¥7.99 76
ROIC Compounder ¥4.14 ¥5.97 ¥8.42 72
Growth Earnings
Growth-Adj P/E ¥4.64 ¥6.62 ¥8.61 68

Widest divergence: Multiples (¥7.07) versus Asset-Based (¥1.77). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 11.1B CNY
Revenue growth (YoY) +37.0%
Net margin 32.4%
Return on equity 17.1%
Free cash flow 2.9B CNY FY2025
P/E ratio 23.6
More key figures
Operating margin 48.6%
EPS (TTM) ¥0.4500
Dividend yield 3.0%
EPS growth (YoY) +60.4%
Net debt 20.8B CNY FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 71/100

Of which business quality 63 · Market factors (momentum, volatility) 77

Profitability 46
Margins and returns on capital today
Quality Growth 73
Are margins and returns improving?
Cashflow 78
Earnings quality: real cash, not paper profit
Fin. Strength 46
Balance sheet, leverage, solvency risk
Investment 53
Disciplined investing over empire-building
Low Volatility 68
Calm price path (market factor)
Momentum 77
Price trend over the last 3–12 months (market factor)
52W Momentum 87
Distance to the 52-week high (market factor)
Net Issuance 92
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Guangxi Guiguan Electric PowerCo.,Ltd. engages in the generation and sale of electricity in China. The company is involved in the hydro, thermal, wind, energy storage, integrated, and photovoltaic power generation businesses.

Full company description

Guangxi Guiguan Electric PowerCo.,Ltd. engages in the generation and sale of electricity in China. The company is involved in the hydro, thermal, wind, energy storage, integrated, and photovoltaic power generation businesses. As of December 31, 2025, it had an installed capacity of 10,240,400 kilowatts of hydropower, and 1,330,000 kilowatts of thermal power, as well as 2,176,500 kilowatts of photovoltaic. The company was founded in 1992 and is based in Nanning, China. Guangxi Guiguan Electric PowerCo.,Ltd. is a subsidiary of China Datang Corporation Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Guangxi Guiguan Electric PowerCo.,Ltd. reported revenue of ¥10.4B in FY2025 versus ¥8.6B in FY2021, a compound +4.9%/yr. Reported net income was ¥3.3B in FY2025, compounding +21.4%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
10.4B CNY
Latest YoY
+8.3%
Avg. growth/yr (3Y)
−0.7%
Avg. growth/yr (5Y)
+3.0%
Avg. growth/yr (28Y)
+11.7%
Revenue +4.9%/yr
FY21 ¥8.6B
FY22 ¥10.6B
FY23 ¥8.1B
FY24 ¥9.6B
FY25 ¥10.4B
Net income +21.4%/yr
FY21 ¥1.5B
FY22 ¥3.2B
FY23 ¥1.2B
FY24 ¥2.3B
FY25 ¥3.3B

600236 screens 42% overvalued. Compare with China Yangtze Power Co →

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Cite: Fair Value Calculator (2026). "Guangxi Guiguan Electric PowerCo.,Ltd. Fair Value". https://www.fairvalue-calculator.com/stock/600236

Peer Group

Utilities - Renewable · 213 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.

Quality Score 71 · Top 25%
Fair Value upside −42% · Below median
Return on equity (TTM) 17% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 32% · Top 25%
Operating margin (TTM) 49% · Top 25%
Revenue growth 37% · Top 25%
Dividend yield (TTM) 3.0% · Above median
Debt / equity 0.66× · Lower than median

Valuation Multiples vs Utilities - Renewable median · lower = cheaper

P/E (TTM) 23.6× · Pricier than median
P/B 4.03× · Pricier than 75% of peers
P/S (TTM) 7.53× · Pricier than 75% of peers
P/FCF 4.3× · Pricier than median
EV/EBITDA 12.7× · Pricier than median

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 · sector 16
FUTURE 100 · sector 0
PAST 68 · sector 14
HEALTH 67 · sector 67
DIVIDEND 61 · sector 51

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

Insider activity: 40/100

Values & ESG

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

None of the checked exposures detected

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 - Renewable stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
China Yangtze Power Co 600900 ¥27.99 ¥25.13 -10%
Ørsted A/S ORSTED kr 149.70 kr 31.40 -79%
Huaneng Lancang River Hydropower Inc 600025 ¥9.81 ¥5.57 -43%
Adani Green Energy Limited ADANIGREEN ₹1,537 ₹170.50 -89%
AXIA Energia SA AXIAP $10.74 $9.65 -10%
VERBUND AG OEWA €58.65 €66.19 +13%
BEP BEP $32.33 $73.35 +127%
BEPUN BEPUN C$44.56 C$10.15 -77%
Fortum Oyj FORTUM €19.89 €13.90 -30%
China Longyuan Power Group 001289 ¥16.21 ¥8.23 -49%

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Frequently asked questions

Is Guangxi Guiguan Electric PowerCo.,Ltd. (600236) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of ¥6.41 versus a price of ¥10.97, about −42% (overvalued).
What is the fair value of 600236?
Our model-based fair value for Guangxi Guiguan Electric PowerCo.,Ltd. is ¥6.41 (as of Jul 18, 2026), built from audited fundamentals. The current price is ¥10.97.
What is the quality score of 600236?
Guangxi Guiguan Electric PowerCo.,Ltd. has a Quality Score of 71/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Guangxi Guiguan Electric PowerCo.,Ltd. (600236)?
Guangxi Guiguan Electric PowerCo.,Ltd. reported trailing-twelve-month revenue of about 11.1B CNY (latest available figure, as of Jul 18, 2026).
What is the net profit margin of 600236?
The net profit margin of Guangxi Guiguan Electric PowerCo.,Ltd. is about 32.4%, meaning it keeps roughly 32.4% of revenue as net income. Based on the latest reported figures.
Does Guangxi Guiguan Electric PowerCo.,Ltd. pay a dividend?
Guangxi Guiguan Electric PowerCo.,Ltd. currently shows a dividend yield of about 2.55% relative to its recent price (as of Jul 18, 2026).

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.

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