Who owns Shenergy Group Company Limited?

Shenergy Group Company Limited is a state-owned enterprise owned by Shanghai government in China. It is the parent company of Shenergy Company Limited, the listed company in the Shanghai Stock Exchange. It is engaged in the investments of electricity, petroleum and natural gas in Shanghai and Eastern China regions.

Is Shenergy a regulated company?

21A 2022E 2023FLiquidity: Adequate (no impact)Industry Classificatio Regulated utilities/unregulated power and gas. Company Overview: Shenergy (Group) Co., Ltd. (“Shenergy" or “company") is a state-owned enterprise wholly-owned by Shanghai State-owned Assets Supervisio

What is the business risk profile of Shenergy?

21A 2022E 2023FBusiness Risk Profile: 2/StrongIndustry Classificatio Regulated utilities/unregulated power and gas. Company Overview: Shenergy (Group) Co., Ltd. (“Shenergy" or “company") is a state-owned enterprise wholly-owned by Shanghai State-owned Assets Supervisio

What is the financial policy of Shenergy?

22E 2023FFinancial Policy: Neutral (no impact)Industry Classificatio Regulated utilities/unregulated power and gas. Company Overview: Shenergy (Group) Co., Ltd. (“Shenergy" or “company") is a state-owned enterprise wholly-owned by Shanghai State-owned Assets Supervisio

What is Shenergy's main coal power subsidiary?

er Co., Ltd., its main coal power subsidiary; 3. Shenergy’s power generated includes Shang ai Waigaoqiao No. 2 Power Generation Co., Ltd. Source: Information provided by the company FFO interest coverage (x)12.423.19.72.6 ote: CR Gas financial data in Hong Kong dollars. So

What happens if Shenergy defaults?

A default would impair the company's ability to purchase coal and gas from upstream suppliers, and endanger the municipality's energy security. Shenergy (Group) Company Limited is the sole energy platform owned by the Shanghai State-owned Assets Supervision and Administration Commission (SASAC).