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HuaDian Energy stock price cumulative increase of 95.74% over 10 trading days, company operating conditions normal
Radar Finance Text | Yang Yang Edited | Li Yihui
On March 20, Huadian Energy Huadian B Shares (Stock Code: 600726 900937) announced that the company’s A-shares experienced a cumulative deviation of 20% in daily closing prices over three consecutive trading days on March 18, 19, and 20, 2026, indicating abnormal stock trading fluctuations. From March 9 to March 20, 2026, the company’s stock price increased by a total of 95.74% over 10 trading days. The turnover rates in the past three days were 6.22%, 6.77%, and 7.36%, respectively, indicating high trading activity and increased trading risk.
The company’s latest rolling Price-to-Earnings (P/E) ratio is -2,177.88, and the latest Price-to-Book (P/B) ratio is 10.61, both above industry averages. After self-inspection by the company’s board of directors and written inquiries to the controlling shareholder and actual controller, it was confirmed that there are no major undisclosed matters that should have been disclosed. The company reminds investors to be aware of trading risks in the secondary market, make rational decisions, and invest cautiously.
According to Tianyancha data, Huadian Energy was established on October 28, 1996, with a registered capital of 7,907,336,210 RMB. The legal representative is Lang Guomin. The registered address is Building B, No. 19, High-tech Development Zone, Nangang District, Harbin City, Heilongjiang Province. Its main business includes power generation, heating, coal sales, and other related activities, as well as engineering construction, technical services, and information consulting related to power.
Currently, the company’s chairman is Lang Guomin, the secretary of the board is Fu Lulu, with 8,674 employees. The actual controller is China Huadian Corporation Limited.
The company has stakes in 19 subsidiaries, including Huadian Energy Engineering Co., Ltd., Chenbalhuqi Tianshun Mining Co., Ltd., Heilongjiang Longdian Electric Power Equipment Co., Ltd., Huadian Heilongjiang Energy Sales Co., Ltd., Heilongjiang Longyuan Power Fuel Co., Ltd., and others.
In terms of performance, the company’s operating revenue for 2022, 2023, and 2024 was 18.877 billion RMB, 18.844 billion RMB, and 18.151 billion RMB, respectively, with year-on-year changes of -0.23%, -0.17%, and -3.68%. Net profit attributable to the parent was -1.016 billion RMB, -90.9819 million RMB, and 166 million RMB, with year-on-year growth rates of -9.97%, 91.04%, and 281.93%. During the same period, the company’s asset-liability ratios were 79.58%, 78.60%, and 79.89%.
Regarding risks, Tianyancha data shows the company has 46 internal Tianyan risks, 608 surrounding risks, 57 historical risks, and 441 warning risks.