Shangnan Electric reported a 2.16% increase, with a transaction volume of 1.32 billion yuan and a primary resource price of 181.67 million yuan. As of May 29, 2025, at 14:12, the price of Shangnan Electric increased by 2.16%, amounting to 27.43 yuan per unit with a total transaction volume of 1.32 billion yuan. The price change was 1.82%, with a total market value of 98.63 billion yuan.
In terms of resource flow, the primary resource price was 181.67 million yuan, with a specific large volume price at 143.25 million yuan, reflecting an increase of 1.08%. The large volume price reached 2059.92 million yuan, showcasing a significant increase of 15.58% compared to the previous period of 1661.04 million yuan, which was 12.56% higher.
Since the beginning of this year, the price of Shangnan Electric has surged by 37.52%. In the last five trading days, the increase was 2.94%, over the last 20 days 1.30%, and over the last 60 days 20.97%.
Data indicates that Shangnan Electric’s stock has limited trading positions in the Huainan region, with no trading price fluctuations since March 30, 2012. The latest trading session occurred on April 10, 2020. The main company’s operations are engaged in electric power generation, production, and sales.
The main business revenue composition is as follows: 57.62% comes from transformers, 40.40% from power generation equipment and systems, 0.94% from materials and technical services, 0.92% from energy quality management products, and 0.13% from other sources.
As of March 31, 2025, Shangnan Electric had 4.93 million customers, which is an increase of 118.06% compared to the same period last year. The customer flow reached 5351 million, reflecting a decrease of 54.14% year-on-year. From January to March 2025, Shangnan Electric achieved revenue of 8.31 billion yuan, an increase of 16.78% compared to the previous period. The operating profit came to 8764.97 million yuan, marking a growth of 71.56%.
On the balance sheet, as of May 29, 2025, Shangnan Electric’s total assets stood at 8743.17 million yuan, while in recent years, the cumulative total was 5956.49 million yuan.
In terms of market activity, by March 31, 2025, Shangnan Electric was among the major electric power companies in the region, with a total of 343.63 million yuan in customer transactions, which is a decrease of 43.84 million yuan compared to last year.
Shangnan ETF (515790) is positioned among the top electric power companies, with a transaction volume of 252.07 million yuan, indicating new advancements in the market.
For further information and precise details, users can refer to the Shangnan Financial App for the latest updates.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/shandong-electric-power-prices-rise-by-2-16-trading-volume-hits-1-32-billion-yuan/
