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MarketScreener Homepage  >  Equities  >  SHANGHAI STOCK EXCHANGE  >  Shanghai Electric Group Company Limited    601727   CNE100000D55

SHANGHAI ELECTRIC GROUP COMPANY LIMITED (601727)
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Shanghai Electric : LM Wind Power installs 66.6 m blades on 4MW offshore wind turbine in China

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09/20/2018 | 12:28pm CEST

LM Wind Power`s (Lunderskov Municipality, Denmark) first two sets of LM 66.6 blades have been successfully installed on Shanghai Electric Wind Power`s (Shanghai, China) 4.0MW-136 wind turbine in China.

Shanghai Electric Wind Power`s 4MW platform is designated for Windclass II areas in Shanghai and beyond. LM Wind Power provided onsite support and service to carry out the installation of the LM 66.6 blades at the Shanghai Lingang Phase I site.

The installation of the 66.6-m offshore blades on September 6, 2018 follows the signing of LM Wind Power`s first deal with Shanghai Electric Wind Power. In the two-year agreement, LM Wind Power`s blade plant in Qinhuangdao, China will deliver the LM 66.6 blade sets during 2018 and 2019.

(c) 2018 Bakhtar News Agency. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (CNY)
Sales 2018 86 062 M
EBIT 2018 4 006 M
Net income 2018 2 348 M
Finance 2018 22 786 M
Yield 2018 1,38%
P/E ratio 2018 32,25
P/E ratio 2019 31,11
EV / Sales 2018 0,53x
EV / Sales 2019 0,47x
Capitalization 68 746 M
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Mean consensus UNDERPERFORM
Number of Analysts 6
Average target price 4,15  CNY
Spread / Average Target -21%
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Managers
NameTitle
Jian Hua Zheng Chairman & Chief Executive Officer
Ou Huang President & Executive Director
Bin Li Chairman-Supervisory Board
Kang Hu Chief Financial Officer
Ke Lin Zhu Vice Chairman
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