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Ningbo Energy Group Co.,Ltd. (China)

Main Activities: Geothermal Electric Power Generation | Heating Equipment (except Warm Air Furnaces) Manufacturing
Full name: Ningbo Energy Group Co.,Ltd. Profile Updated: April 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Chinese Download a sample report

Ningbo Energy Group Co., Ltd. is a public thermal power generation company located in Ningbo. It is the only company in Ningbo that specializes in the production of heat, electricity, and cold. The company's thermal power generation has significant energy-saving and environmental benefits, making it a key industry supported by national policies. The company's main products are heat and electricity, generated through coal combustion to produce steam for industrial users, as well as electricity through steam turbines that are directly connected to the grid. For over a decade, the company has been providing heat and electricity to dozens of textile, chemical, and food enterprises in Ningbo Beilun Economic and Technological Development Zone and Ningbo Free Trade Zone, making outstanding contributions to the economic development of these areas. On December 31, 2020, the company changed its name from "Ningbo Thermal Power Co., Ltd." to "Ningbo Energy Group Co., Ltd."

Headquarters
66 Fengyong 1 Rd. Dagang Ind. Eco. Tec. Dev. Pk.Ningbo
Ningbo; Zhejiang; Postal Code: 315042

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Website: http://www.nbtp.com.cn

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
August 23, 1995
Key Executives
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Chairman
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Chairman of the Supervisory Board
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Director
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Director
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Director
Ownership Details
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25.28%
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20.62%
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5%
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4.47%
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0.31%
Subsidiaries
Changdejin Ningneng Thermal Power Co., Ltd.
100%
Fengcheng Ningneng Biomass Power Generation Co., Ltd.
100%
Green Energy Investment Development Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Ningbo Energy Group Co.,Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-25.9%
Total operating revenue
-25.61%
Operating profit (EBIT)
-36.63%
EBITDA
-30.67%
Net Profit (Loss) for the Period
36.65%
Total assets
16.68%
Total equity
7.37%
Operating Profit Margin (ROS)
-0.42%
Net Profit Margin
2.8%
Return on Equity (ROE)
1.31%
Debt to Equity Ratio
19.53%
Quick Ratio
-0.11%
Cash Ratio
-0.17%

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