May 2026
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Largest Nuclear Public Companies in China
Benchmark revenue and EBITDA valuation multiples for public comps like
CGN Power, China National Nuclear Corporation, Zheneng Electric and Hubei Energy.
 | CGN Power is a major nuclear power producer in China. It operates 28 nuclear power generating units (total installed capacity of 31.8 gigawatts), with 14 units in Guangdong and the rest in Guangxi, Fujian, and Liaoning provinces as of end-2024. State-owned China General Nuclear Power, controls about 58.9% of CGN Power. | $1 | +31% | $33B | $71B | 6.4x | 14.4x | ||
| China National Uranium Co Ltd is engaged in the mining, smelting, sales, and trade of natural uranium resources. It also engages in the comprehensive utilization and product sales of radioactive co-associated mineral resources such as monazite and uranium-molybdenum. Its business scope further includes investment in and management of overseas uranium resource projects, covering exploration, surveying and design, and engineering construction. Additional activities include import and export operations, as well as technology development, technical services, and technical consulting. The company is also involved in the mining and processing of rare earth metal ores, uranium ores, and precious metal ores. | $13 | -- | $26B | $26B | 8.8x | 53.2x | ||
| Zhejiang Zheneng Electric Power Co Ltd is engaged in the thermal power generation business in China. It also provides thermal products, as well as invests in nuclear power. | $1 | +13% | $12B | $16B | 1.4x | 6.4x | ||
| Hubei Energy Group Co Ltd is an energy company in China. The companies business segments include hydropower, thermal power, nuclear power, new energy, natural gas, coal, and finance. | $1 | +9% | $5B | $11B | 4.2x | 9.0x | ||
| Median | $1 | +13% | $19B | $21B | 5.3x | 11.7x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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