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    3996   CNE1000023C8

CHINA ENERGY ENGINEERING CORPORATION LIMITED

(3996)
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Central Southern China Electric Power Design Institute Co., Ltd. Enters into EPC General Contract for Xiangyang 2X1000mw Ultra Supercritical Coal-Fired Unit Project of Hubei Energy

08/09/2021 | 07:00am EST

China Energy Engineering Corporation Limited announced that, recently, Central Southern China Electric Power Design Institute Co. Ltd. of China Power Engineering Consulting Group entered into an EPC general contract for Xiangyang (Yicheng) 2x1000MW Ultra Supercritical Coal-fired Unit Project of Hubei Energy. The Project is located in Xiaohe Town, Yicheng City, Hubei Province. Its main work includes general contracting in the whole process for Xiangyang (Yicheng) 2x1000MW Ultra Supercritical Coal-fired Unit Project of Hubei Energy (including the construction of flue gas desulfurization and denitrification facilities), such as the survey and design (except for the survey and design at the preliminary design stage), project management, procurement and supply of equipment and materials (except for the three main engines that have been tendered), project construction, start-up debugging (trial operation) of sub-system and complete set, technical services, training, and functional test until acceptance and delivery for production. The total contracted amount of the Project is approximately RMB 4,095 million.


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Financials
Sales 2021 330 B 51 651 M 51 651 M
Net income 2021 6 487 M 1 015 M 1 015 M
Net Debt 2021 - - -
P/E ratio 2021 4,45x
Yield 2021 3,49%
Capitalization 30 415 M 4 758 M 4 758 M
Capi. / Sales 2021 0,09x
Capi. / Sales 2022 0,08x
Nbr of Employees 117 830
Free-Float 76,4%
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Mean consensus BUY
Number of Analysts 4
Last Close Price 0,73 CNY
Average target price 2,36 CNY
Spread / Average Target 223%
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Managers and Directors
Hong Shui Sun Vice Chairman & General Manager
Hai Liang Song Chairman
Jian Sheng He Chairman-Supervisory Board
Li Xin Zhao Independent Non-Executive Director
Nian Gao Cheng Independent Non-Executive Director