Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. China
  4. Shanghai Stock Exchange
  5. Xiangtan Electric Manufacturing Co. Ltd.
  6. News
  7. Summary
    600416   CNE000001BY2

XIANGTAN ELECTRIC MANUFACTURING CO. LTD.

(600416)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

China CleanTech Index; February 2014 Result - Good Gains Underperform World Markets

03/04/2014 | 10:50pm EST

February 2014 Result - Good Gains Underperform World Markets

Sydney, Australia (ABN Newswire) - The China CleanTech Index recorded a 4.1% gain in February 2014 but outperformed only one of its four benchmarks.

The China CleanTech Index rose from 44.93 to 46.78 over the month of February recording a 4.1% gain. This compared to the NEX gain of 10.8%, the CTIUS gain of 10.5%, the Shanghai Composite gain of 1.1% and the MSCI gain of 4.8%.

The China CleanTech 20 also recorded a gain of 4.1% over the month.

The best performing sub-indices for the month were the China Water Index with a 6.8% gain and the China Storage Index with a 6.4% gain. The two weakest sub-indices through February were the China Waste Index which recorded a loss of 12.0% and the China Hydro Index recording a loss of 0.7%.

-----------------------------------------
Percentage Change     2011   2012    2013  
-----------------------------------------
China CleanTech Index -48.0% -16.5% 29.2%
China CleanTech 20    -47.4% -15.5% 24.1%
NEX                   -40.2%  -5.5% 53.7%
CTIUS                 -18.3%   7.3% 37.0%
Shanghai Composite    -21.7%   3.2% -6.7%
MSCI                   -7.6%  13.2% 24.1% 
--------------------------------------------------------

--------------------------------------------------------
Percentage Change     FEB'14 3 Mths 6 Mths 12 Mths 3 Yrs
--------------------------------------------------------
China CleanTech Index  4.1%   3.2%  17.7%  16.3%  -43.5% 
China CleanTech 20     4.1%  -3.1%  10.0%   6.5%  -47.2%
NEX                   10.8%  15.2%  33.9%  59.7%   -4.0%
CTIUS                 10.5%   7.2%  23.0%  31.7%   18.7%
Shanghai Composite     1.1%  -7.4%  -2.0% -13.0%  -29.2%
MSCI                   4.8%   2.9%  13.8%  19.2%   24.0%
--------------------------------------------------------
The market capitalisation of the 151 stocks in the China CleanTech Index is CNY 1.05 billion, up a long way from its trough of CNY 604 billion in November 2012.

The month's performance was driven by 15 companies having share price gains of more than 25%. The greatest percentage gains were recorded by China Solar & Clean Energy Solns., Inc. (CSOL), China BAK Battery (CBAK) and Hong Kong Highpower Technology, Inc. (HPJ).

These were offset by losses from other companies with 12 companies having losses of more than 10%. The greatest percentage losses were recorded by SmartHeat Inc (HEAT), Bodisen Biotech, Inc. (BBCZ) and Chiho-Tiande Group Limited (0976.HK).

These best and worst performers are shown in the table below.

February 2014

Best Performers
Share Price Gain > 25%

Shenzhen Sunwin Intelligent Co., Ltd. (SHE:300044)
China Solar & Clean Energy Solns., Inc. (OTCMKTS:CSOL)
Dongying Photovoltaic Power Co Ltd (CNPV Solar Power SA) (EPA:ALCNP)
Wuhan Linuo Solar Energy Group Co., Ltd. (SHA:600885)
Beijing Easpring Material Technology Co., Ltd. (SHE:300073)
China BAK Battery (NASDAQ:CBAK)
China Sun Group High Tech Co. (OTCMKTS:CSGH)
Hong Kong Highpower Technology, Inc. (NASDAQ:HPJ)
Jiangxi Ganfeng Lithium Co.,Ltd. (SHE:002460)
Sichuan Tianqi Lithium Industries, Inc.
Beijing Enterprises Water Group (HKG:0392)
China Ming Yang Wind Power Group Ltd (NYSE:MY)
Huayi Electric Co., Ltd. (SHA:600290)
Titan Wind Energy (Suzhou) Co Ltd (SHE:002531)
Xiangtan Electric Manufacturing Co.,Ltd. (SHA:600416)

Worst Performers
Share Price Loss > 10%

LED International Holdings Ltd. (LON:LED)
SmartHeat Inc (OTCMKTS:HEAT)
Beijing SJ Environmental Protection and New Material Co. Ltd (SHE:300072)
Bodisen Biotech, Inc. (LON:BODI)
Shanghai Yanhua Smartech Co Ltd (SHE:002178)
Risen Energy Co., Ltd. (SHE:300118)
Suntech Power Holdings (NYSE:STP)
Tianneng Power International Limited (HKG:0819)
Chiho-Tiande Group Limited (HKG:0976)
Nanhai Development Co., Ltd. (SHE:600323)
China Power New Energy Development Co., Ltd (HKG:0735)
CleanTech Innovations Inc. (OTCMKTS:CTEK)

The China Cleantech Index is updated each month and published on the SinoCleantech website at www.sinocleantech.com. It is published internationally in conjunction with Cleantech Investor (www.cleantechinvestor.com) and in China in conjunction with Top Capital (www.topcapital.cn).

Monthly results can be emailed directly to interested parties by signing up to the distribution list at http://www.sinocleantech.com/e/cleantech_index.html

To view the report, please visit:
http://media.abnnewswire.net/media/en/docs/76713-FEB2014-ENG.pdf



About Sino CleanTech:

Sino Cleantech is the Chinese operational arm of Australian CleanTech based in Beijing and active in facilitating investment from Chinese investors into cleantech in both China and internationally; and investment from international investors into the Chinese cleantech market.

These investments include looking at listed cleantech stocks and direct investment into projects and companies.

The investment projects include a global operation to facilitate investment into large scale solar projects throughout Asia and Europe. This work involves connecting Chinese suppliers, equity investors and banks with international project developers in Europe, India, the Middle East and throughout Asia to help projects reach financial close.



Source:

Sino CleanTech



Contact:

John O'Brien
Managing Director, Sino CleanTech
Ph: +61-419-826-372
john.obrien@sinocleantech.com

Dorothy Zhao
Manager, Sino CleanTech
Australia: +61-432-294-989
dorothy.zhao@sinocleantech.com
 

ę ABN Newswire 2014
All news about XIANGTAN ELECTRIC MANUFACTURING CO. LTD.
10/29Xiangtan Electric Manufacturing Co. Ltd. Reports Earnings Results for the Nine Months E..
CI
08/30Xiangtan Electric Manufacturing Co. Ltd. Reports Earnings Results for the Half Year End..
CI
05/21XIANGTAN ELECTRIC MANUFACTURING CO. : 600416) added to Shanghai Stock Exchange Composite ..
CI
05/10XIANGTAN ELECTRIC MANUFACTURING CO. : 600416) added to Shanghai Stock Exchange A Share In..
CI
04/12Xiangtan Electric Manufacturing Co. Ltd. Reports Earnings Results for the First Quarter..
CI
04/12China stocks end lower as materials, transport firms weigh
RE
03/16Xiangtan Electric Manufacturing Co. Ltd. Reports Earnings Results for the Full Year End..
CI
02/08Xiangtan Electric Manufacturing Co. Ltd. announced that it has received CNY 1.081137863..
CI
2020Xiangtan Electric Manufacturing Co. Ltd. Reports Earnings Results for the Nine Months E..
CI
2020Hunan Xing Xiang Asset Management Co., Ltd. completed the acquisition of XEMC Windpower..
CI
More news
Financials
Sales 2021 4 740 M 743 M 743 M
Net income 2021 125 M 19,6 M 19,6 M
Net Debt 2021 - - -
P/E ratio 2021 172x
Yield 2021 -
Capitalization 21 805 M 3 420 M 3 420 M
Capi. / Sales 2021 4,60x
Capi. / Sales 2022 3,48x
Nbr of Employees 5 066
Free-Float 51,7%
Chart XIANGTAN ELECTRIC MANUFACTURING CO. LTD.
Duration : Period :
Xiangtan Electric Manufacturing Co. Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends XIANGTAN ELECTRIC MANUFACTURING CO. LTD.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Last Close Price 18,88 
Average target price
Spread / Average Target -
EPS Revisions
Managers and Directors
Hong Hui Tang General Manager & Director
Jian Jun Zhou Chairman
Hai Bin Xu Independent Director
Guo Qing Lu Independent Director
Jin Ri He Independent Director