Financials Shanghai Electric Wind Power Group Co., Ltd.

Equities

688660

CNE1000051Y3

Renewable Energy Equipment & Services

End-of-day quote Shanghai S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
3.67 CNY +6.38% Intraday chart for Shanghai Electric Wind Power Group Co., Ltd. +12.58% -28.60%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 15,800 8,013 6,853
Enterprise Value (EV) 1 10,857 5,495 8,173
P/E ratio 26 x -23.7 x -5.39 x
Yield 0.97% - -
Capitalization / Revenue 0.66 x 0.66 x 0.68 x
EV / Revenue 0.45 x 0.46 x 0.81 x
EV / EBITDA 12 x -16.7 x -5.27 x
EV / FCF 12.4 x -2.2 x -1.57 x
FCF Yield 8.07% -45.4% -63.8%
Price to Book 2.07 x 1.12 x 1.17 x
Nbr of stocks (in thousands) 1,333,333 1,333,333 1,333,333
Reference price 2 11.85 6.010 5.140
Announcement Date 3/28/22 3/27/23 3/28/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 6,171 10,135 20,685 23,972 12,075 10,114
EBITDA 1 -35.89 417.1 530.8 907.5 -330 -1,551
EBIT 1 -93.17 322.8 292 525.1 -706.1 -1,891
Operating Margin -1.51% 3.19% 1.41% 2.19% -5.85% -18.7%
Earnings before Tax (EBT) 1 -62.57 287.1 460.7 527.9 -448.4 -1,393
Net income 1 -52.31 251.6 416.7 507 -338.1 -1,271
Net margin -0.85% 2.48% 2.01% 2.12% -2.8% -12.57%
EPS - 0.3100 0.5200 0.4563 -0.2535 -0.9535
Free Cash Flow 1 214.6 2,054 649.7 876.6 -2,495 -5,214
FCF margin 3.48% 20.27% 3.14% 3.66% -20.66% -51.56%
FCF Conversion (EBITDA) - 492.5% 122.4% 96.6% - -
FCF Conversion (Net income) - 816.43% 155.92% 172.9% - -
Dividend per Share - - - 0.1150 - -
Announcement Date 1/15/21 1/15/21 4/27/21 3/28/22 3/27/23 3/28/24
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 509 - - - - 1,320
Net Cash position 1 - 2,861 3,142 4,943 2,518 -
Leverage (Debt/EBITDA) -14.18 x - - - - -0.851 x
Free Cash Flow 1 215 2,054 650 877 -2,495 -5,214
ROE (net income / shareholders' equity) -2.41% 8.33% 10.1% 8.49% -4.58% -19.5%
ROA (Net income/ Total Assets) -0.43% 1.1% 0.68% 1.05% -1.45% -4.22%
Assets 1 12,055 22,936 61,676 48,246 23,328 30,153
Book Value Per Share - 4.870 5.410 5.720 5.360 4.400
Cash Flow per Share - 4.910 5.100 4.530 4.260 1.660
Capex 1 483 660 936 479 2,062 1,639
Capex / Sales 7.82% 6.51% 4.53% 2% 17.07% 16.21%
Announcement Date 1/15/21 1/15/21 4/27/21 3/28/22 3/27/23 3/28/24
1CNY in Million
Estimates
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