---
title: "Huadian Liaoning  Energy Development Co.,Ltd (600396.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600396.SH.md"
symbol: "600396.SH"
name: "Huadian Liaoning  Energy Development Co.,Ltd"
industry: "Electric Utilities"
datetime: "2026-05-19T22:33:08.013Z"
locales:
  - [en](https://longbridge.com/en/quote/600396.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600396.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600396.SH.md)
---

# Huadian Liaoning  Energy Development Co.,Ltd (600396.SH)

## Company Overview

Huadian Liaoning Energy Development Co.,Ltd engaged in the production and sale of electricity and heat in China. It is involved in the thermal power generation and heating, wind power generation, photovoltaic power generation, and other businesses. The company was formerly known as Shenyang Jinshan Energy Co., Ltd. Huadian Liaoning Energy Development Co.,Ltd was founded in 1998 and is headquartered in Shenyang, China.

| Item | Detail |
|------|--------|
| Industry | Electric Utilities |
| Exchange | CN Market |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-19T04:30:08.000Z

**Overall: C (0.57)**

**Industry**: Electric Utilities

| Metric | Value |
|--------|-------|
| Industry Ranking | 4 / 17 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 0.33% |  |
| Net Profit YoY | -61.81% |  |
| P/B Ratio | 15.05 |  |
| Dividend Ratio | 0.00% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 23084704994.54 |  |
| Revenue | 4447309852.04 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 2.69% | C |
| Profit Margin | 0.91% | C |
| Gross Margin | 29.37% | C |
| Revenue YoY | 0.33% | C |
| Net Profit YoY | -61.81% | D |
| Total Assets YoY | 7.41% | B |
| Net Assets YoY | 5.49% | C |
| Cash Flow Margin | 3198.67% | A |
| OCF YoY | 0.33% | C |
| Turnover | 0.31 | D |
| Gearing Ratio | 69.04% | D |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Huadian Liaoning  Energy Development Co.,Ltd",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "0.33%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-61.81%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "15.05",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.00%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "23084704994.54",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "4447309852.04",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "2.69%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "0.91%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "29.37%",
          "rating": "C"
        },
        {
          "name": "Revenue YoY",
          "value": "0.33%",
          "rating": "C"
        },
        {
          "name": "Net Profit YoY",
          "value": "-61.81%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "7.41%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "5.49%",
          "rating": "C"
        },
        {
          "name": "Cash Flow Margin",
          "value": "3198.67%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "0.33%",
          "rating": "C"
        },
        {
          "name": "Turnover",
          "value": "0.31",
          "rating": "D"
        },
        {
          "name": "Gearing Ratio",
          "value": "69.04%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 586.54 | 15/17 | 97.42 | 71.75 | 48.69 |
| PB | 15.50 | 17/17 | 3.96 | 3.39 | 3.21 |
| PS (TTM) | 5.34 | 13/17 | 1.30 | 1.10 | 1.02 |
| Dividend Yield | 0.00% | - | - | - | - |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | MXEP (600101.SH) | C | C | B | B | C | B |
| 02 | CSGES (600995.SH) | B | B | E | C | A | C |
| 03 | SAINTY MARINE (002608.SZ) | C | C | C | C | C | C |
| 04 | Huadian Liaoning  Energy (600396.SH) | C | C | D | D | B | C |
| 05 | YNHC (001896.SZ) | C | C | D | E | C | C |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/600396.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/600396.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/600396.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/600396.SH/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**