Jiangsu New Energy Development（603693）株式概要江蘇新能源発展有限公司は、風力、太陽光、バイオマス発電所への投資、開発、建設、管理を行っている。 詳細603693 ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長0/6過去の実績5/6財務の健全性3/6配当金3/6報酬当社が推定した公正価値より24.4%で取引されている 過去1年間で収益は37.3%増加しました リスク分析負債は営業キャッシュフローで十分にカバーされていない CN市場と比較した過去 3 か月間の株価の変動不安定な配当実績 すべてのリスクチェックを見る603693 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCN¥Current PriceCN¥13.5223.4% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture02b2016201920222025202620282031Revenue CN¥2.4bEarnings CN¥542.6mAdvancedSet Fair ValueView all narrativesJiangsu New Energy Development Co., Ltd. 競合他社Jiaze RenewablesSymbol: SHSE:601619Market cap: CN¥13.0bGrandtop Yongxing GroupLtdSymbol: SHSE:601033Market cap: CN¥12.6bZhongmin EnergySymbol: SHSE:600163Market cap: CN¥10.7bJinko Power TechnologySymbol: SHSE:601778Market cap: CN¥17.8b価格と性能株価の高値、安値、推移の概要Jiangsu New Energy Development過去の株価現在の株価CN¥13.5252週高値CN¥20.3752週安値CN¥11.62ベータ0.221ヶ月の変化-14.97%3ヶ月変化-18.36%1年変化4.97%3年間の変化-4.11%5年間の変化40.95%IPOからの変化35.62%最新ニュースDeclared Dividend • Jun 15Dividend of CN¥0.15 announcedDividend of CN¥0.15 is the same as last year. Ex-date: 17th June 2026 Payment date: 17th June 2026 Dividend yield will be 1.0%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥14.48, the stock trades at a trailing P/E ratio of 28.5x. Average trailing P/E is 24x in the Renewable Energy industry in China. Total returns to shareholders of 13% over the past three years.New Risk • Jun 06New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Buy Or Sell Opportunity • Jun 05Now 20% undervaluedOver the last 90 days, the stock has risen 12% to CN¥15.31. The fair value is estimated to be CN¥19.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 6.7%.Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥17.69, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 23x in the Renewable Energy industry in China. Total returns to shareholders of 31% over the past three years.Buy Or Sell Opportunity • May 15Now 22% undervaluedOver the last 90 days, the stock has risen 22% to CN¥14.94. The fair value is estimated to be CN¥19.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 6.7%.最新情報をもっと見るRecent updatesDeclared Dividend • Jun 15Dividend of CN¥0.15 announcedDividend of CN¥0.15 is the same as last year. Ex-date: 17th June 2026 Payment date: 17th June 2026 Dividend yield will be 1.0%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥14.48, the stock trades at a trailing P/E ratio of 28.5x. Average trailing P/E is 24x in the Renewable Energy industry in China. Total returns to shareholders of 13% over the past three years.New Risk • Jun 06New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Buy Or Sell Opportunity • Jun 05Now 20% undervaluedOver the last 90 days, the stock has risen 12% to CN¥15.31. The fair value is estimated to be CN¥19.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 6.7%.Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥17.69, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 23x in the Renewable Energy industry in China. Total returns to shareholders of 31% over the past three years.Buy Or Sell Opportunity • May 15Now 22% undervaluedOver the last 90 days, the stock has risen 22% to CN¥14.94. The fair value is estimated to be CN¥19.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 6.7%.Buy Or Sell Opportunity • Apr 30Now 21% undervaluedOver the last 90 days, the stock has risen 17% to CN¥14.73. The fair value is estimated to be CN¥18.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 6.7%.New Risk • Apr 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change).Reported Earnings • Apr 25First quarter 2026 earnings released: EPS: CN¥0.12 (vs CN¥0.18 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.12 (down from CN¥0.18 in 1Q 2025). Revenue: CN¥507.8m (down 12% from 1Q 2025). Net income: CN¥109.5m (down 33% from 1Q 2025). Profit margin: 22% (down from 28% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.お知らせ • Apr 25Jiangsu New Energy Development Co., Ltd., Annual General Meeting, May 21, 2026Jiangsu New Energy Development Co., Ltd., Annual General Meeting, May 21, 2026, at 14:30 China Standard Time. Location: 15F, No. 88, Changjiang Road, Xuanwu District, Nanjing, Jiangsu ChinaValuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥16.43, the stock trades at a trailing P/E ratio of 38.2x. Average trailing P/E is 22x in the Renewable Energy industry in China. Total returns to shareholders of 36% over the past three years.Valuation Update With 7 Day Price Move • Apr 02Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥14.15, the stock trades at a trailing P/E ratio of 32.9x. Average trailing P/E is 23x in the Renewable Energy industry in China. Total returns to shareholders of 19% over the past three years.お知らせ • Mar 30Jiangsu New Energy Development Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Jiangsu New Energy Development Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥15.88, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 23x in the Renewable Energy industry in China. Total returns to shareholders of 31% over the past three years.お知らせ • Dec 26Jiangsu New Energy Development Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026Jiangsu New Energy Development Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026Board Change • Dec 12Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Jian Cai was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.15 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.12 (down from CN¥0.15 in 3Q 2024). Revenue: CN¥471.6m (down 7.3% from 3Q 2024). Net income: CN¥108.4m (down 18% from 3Q 2024). Profit margin: 23% (down from 26% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Sep 30Jiangsu New Energy Development Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Jiangsu New Energy Development Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥15.66, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 13x in the Renewable Energy industry in China. Total returns to shareholders of 18% over the past three years.お知らせ • Jun 30Jiangsu New Energy Development Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025Jiangsu New Energy Development Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 28%After last week's 28% share price gain to CN¥16.80, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 13x in the Renewable Energy industry in China. Total returns to shareholders of 29% over the past three years.New Risk • May 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (16% net profit margin).Reported Earnings • Apr 24First quarter 2025 earnings released: EPS: CN¥0.18 (vs CN¥0.28 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.18 (down from CN¥0.28 in 1Q 2024). Revenue: CN¥574.4m (down 14% from 1Q 2024). Net income: CN¥163.7m (down 35% from 1Q 2024). Profit margin: 28% (down from 38% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 5% per year.お知らせ • Apr 23Jiangsu New Energy Development Co., Ltd., Annual General Meeting, May 13, 2025Jiangsu New Energy Development Co., Ltd., Annual General Meeting, May 13, 2025, at 14:30 China Standard Time. Location: 3F, No. 88, Changjiang Road, Xuanwu District, Nanjing, Jiangsu ChinaValuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥15.15, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 17x in the Renewable Energy industry in China. Total returns to shareholders of 20% over the past three years.New Risk • Apr 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.7% average weekly change).お知らせ • Mar 28Jiangsu New Energy Development Co., Ltd. to Report Q1, 2025 Results on Apr 23, 2025Jiangsu New Energy Development Co., Ltd. announced that they will report Q1, 2025 results on Apr 23, 2025分析記事 • Mar 25Jiangsu New Energy Development Co., Ltd. (SHSE:603693) Soars 34% But It's A Story Of Risk Vs RewardThe Jiangsu New Energy Development Co., Ltd. ( SHSE:603693 ) share price has done very well over the last month...Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥12.07, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 18x in the Renewable Energy industry in China. Total loss to shareholders of 16% over the past three years.分析記事 • Mar 20With EPS Growth And More, Jiangsu New Energy Development (SHSE:603693) Makes An Interesting CaseThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...分析記事 • Feb 06Does Jiangsu New Energy Development (SHSE:603693) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • Dec 27Jiangsu New Energy Development Co., Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025Jiangsu New Energy Development Co., Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.048 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.15 (up from CN¥0.048 in 3Q 2023). Revenue: CN¥508.8m (up 39% from 3Q 2023). Net income: CN¥131.5m (up 216% from 3Q 2023). Profit margin: 26% (up from 11% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.分析記事 • Oct 17These 4 Measures Indicate That Jiangsu New Energy Development (SHSE:603693) Is Using Debt ExtensivelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...お知らせ • Sep 30Jiangsu New Energy Development Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Jiangsu New Energy Development Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥10.33, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 18x in the Renewable Energy industry in China. Total loss to shareholders of 50% over the past three years.Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥0.048 (vs CN¥0.18 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.048 (down from CN¥0.18 in 2Q 2023). Revenue: CN¥382.2m (down 29% from 2Q 2023). Net income: CN¥42.0m (down 74% from 2Q 2023). Profit margin: 11% (down from 30% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.分析記事 • Aug 21Jiangsu New Energy Development (SHSE:603693) Has Some Way To Go To Become A Multi-BaggerIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...分析記事 • Jul 16Here's Why Jiangsu New Energy Development (SHSE:603693) Has A Meaningful Debt BurdenDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • Jun 28Jiangsu New Energy Development Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024Jiangsu New Energy Development Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024分析記事 • May 21Jiangsu New Energy Development Co., Ltd.'s (SHSE:603693) Share Price Boosted 41% But Its Business Prospects Need A Lift TooJiangsu New Energy Development Co., Ltd. ( SHSE:603693 ) shareholders have had their patience rewarded with a 41% share...Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥13.71, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Renewable Energy industry in China. Total returns to shareholders of 38% over the past three years.分析記事 • May 13Jiangsu New Energy Development (SHSE:603693) Has Some Way To Go To Become A Multi-BaggerDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...お知らせ • Apr 26Jiangsu New Energy Development Co., Ltd., Annual General Meeting, May 17, 2024Jiangsu New Energy Development Co., Ltd., Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: 4F, No. 88, Changjiang Road, Xuanwu District, Nanjing, Jiangsu ChinaReported Earnings • Apr 25First quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.20 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.28 (up from CN¥0.20 in 1Q 2023). Revenue: CN¥666.7m (up 20% from 1Q 2023). Net income: CN¥250.5m (up 42% from 1Q 2023). Profit margin: 38% (up from 32% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 30Jiangsu New Energy Development Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024Jiangsu New Energy Development Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024分析記事 • Mar 28A Piece Of The Puzzle Missing From Jiangsu New Energy Development Co., Ltd.'s (SHSE:603693) Share PriceJiangsu New Energy Development Co., Ltd.'s ( SHSE:603693 ) price-to-earnings (or "P/E") ratio of 18.8x might make it...Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥8.63, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Renewable Energy industry in China. Total returns to shareholders of 16% over the past three years.お知らせ • Dec 30Jiangsu New Energy Development Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024Jiangsu New Energy Development Co., Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024New Risk • Sep 10New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Aug 29Second quarter 2023 earnings released: EPS: CN¥0.18 (vs CN¥0.20 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.18 (down from CN¥0.20 in 2Q 2022). Revenue: CN¥537.0m (down 2.6% from 2Q 2022). Net income: CN¥162.0m (down 8.6% from 2Q 2022). Profit margin: 30% (down from 32% in 2Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 28Jiangsu New Energy Development Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023Jiangsu New Energy Development Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.15 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.20 (up from CN¥0.15 in 1Q 2022). Revenue: CN¥554.5m (up 3.6% from 1Q 2022). Net income: CN¥176.4m (up 38% from 1Q 2022). Profit margin: 32% (up from 24% in 1Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Jian Cai was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.088 (vs CN¥0.11 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.088 (down from CN¥0.11 in 3Q 2021). Revenue: CN¥430.0m (up 5.9% from 3Q 2021). Net income: CN¥76.2m (down 16% from 3Q 2021). Profit margin: 18% (down from 22% in 3Q 2021). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.13 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.19 (up from CN¥0.13 in 2Q 2021). Revenue: CN¥551.3m (up 33% from 2Q 2021). Net income: CN¥177.3m (up 75% from 2Q 2021). Profit margin: 32% (up from 24% in 2Q 2021). Over the next year, revenue is forecast to grow 33%, compared to a 14% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥15.51, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Renewable Energy industry in China. Total returns to shareholders of 87% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥6.54 per share.Reported Earnings • Apr 28First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: CN¥0.19 (down from CN¥0.32 in 1Q 2021). Revenue: CN¥535.3m (flat on 1Q 2021). Net income: CN¥127.9m (down 36% from 1Q 2021). Profit margin: 24% (down from 37% in 1Q 2021). Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 8.9%. Over the next year, revenue is forecast to grow 39%, compared to a 12% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Apr 08Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: CN¥0.49 (up from CN¥0.25 in FY 2020). Revenue: CN¥1.86b (up 20% from FY 2020). Net income: CN¥306.8m (up 100% from FY 2020). Profit margin: 17% (up from 9.9% in FY 2020). Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 8.9%. Over the next year, revenue is forecast to grow 34%, compared to a 12% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Feb 24Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: CN¥0.50 (up from CN¥0.25 in FY 2020). Revenue: CN¥1.86b (up 20% from FY 2020). Net income: CN¥309.3m (up 101% from FY 2020). Profit margin: 17% (up from 9.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 7.0%. Over the next year, revenue is forecast to grow 34%, compared to a 13% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.08 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥405.9m (up 24% from 3Q 2020). Net income: CN¥90.6m (up 86% from 3Q 2020). Profit margin: 22% (up from 15% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥19.64, the stock trades at a trailing P/E ratio of 72.9x. Average trailing P/E is 21x in the Renewable Energy industry in China. Total returns to shareholders of 20% over the past three years.Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.19 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥415.6m (down 2.0% from 2Q 2020). Net income: CN¥101.1m (down 12% from 2Q 2020). Profit margin: 24% (down from 27% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥17.20, the stock trades at a trailing P/E ratio of 63.8x. Average trailing P/E is 19x in the Renewable Energy industry in China. Total loss to shareholders of 2.6% over the past three years.Valuation Update With 7 Day Price Move • Aug 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥15.01, the stock trades at a trailing P/E ratio of 55.7x. Average trailing P/E is 17x in the Renewable Energy industry in China. Total loss to shareholders of 21% over the past three years.Reported Earnings • Apr 28First quarter 2021 earnings released: EPS CN¥0.32 (vs CN¥0.30 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥539.0m (up 23% from 1Q 2020). Net income: CN¥199.2m (up 6.3% from 1Q 2020). Profit margin: 37% (down from 43% in 1Q 2020).Valuation Update With 7 Day Price Move • Apr 01Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥14.30, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 20x in the Renewable Energy industry in China. Total returns to shareholders of 69% over the past year.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥9.94, the stock is trading at a trailing P/E ratio of 14.8x, down from the previous P/E ratio of 17.5x. This compares to an average P/E of 16x in the Renewable Energy industry in China. Total returns to shareholders over the past year are 14%.Is New 90 Day High Low • Feb 03New 90-day low: CN¥10.85The company is down 9.0% from its price of CN¥11.86 on 05 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is flat over the same period.お知らせ • Jan 31Jiangsu New Energy Development Co., Ltd. (SHSE:603693) agreed to acquire 40% stake in Datang Guoxin Binhai Offshore Wind Power Co., Ltd. From Jiangsu Guoxin Investment Group Limited.Jiangsu New Energy Development Co., Ltd. (SHSE:603693) agreed to acquire 40% stake in Datang Guoxin Binhai Offshore Wind Power Co., Ltd. From Jiangsu Guoxin Investment Group Limited on January 30, 2021. Payment will be done through issuing shares. As of August 31, 2021, Datang Guoxin Binhai had total assets worth CNY 4.7 billion and net assets worth CNY 1.27 billion. The transaction must be approved by Guoxin Group, shareholders of Jiangsu New Energy and China Securities Regulatory Commission. The transaction plan was approved by the board of directors of Guoxin Group, the state-owned assets supervision and management agency, the 18th meeting of the second board of directors of Jiangsu New Energy Development. This transaction has obtained a written statement that other shareholders of the target company waived the right of first refusal.Is New 90 Day High Low • Dec 09New 90-day low: CN¥11.22The company is down 7.0% from its price of CN¥12.07 on 10 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is down 1.0% over the same period.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥412.8m, up 85% from the prior year. Total revenue was CN¥1.59b over the last 12 months, up 11% from the prior year.Is New 90 Day High Low • Oct 30New 90-day low: CN¥11.68The company is down 15% from its price of CN¥13.81 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 1.0% over the same period.お知らせ • Oct 30Jiangsu New Energy Development Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020Jiangsu New Energy Development Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020お知らせ • Jul 17Jiangsu New Energy Development Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020Jiangsu New Energy Development Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020株主還元603693CN Renewable EnergyCN 市場7D-7.4%-5.2%4.7%1Y5.0%3.6%35.4%株主還元を見る業界別リターン: 603693過去 1 年間で3.6 % の収益を上げたCN Renewable Energy業界を上回りました。リターン対市場: 603693は、過去 1 年間で35.4 % のリターンを上げたCN市場を下回りました。価格変動Is 603693's price volatile compared to industry and market?603693 volatility603693 Average Weekly Movement9.7%Renewable Energy Industry Average Movement7.6%Market Average Movement6.7%10% most volatile stocks in CN Market10.6%10% least volatile stocks in CN Market4.4%安定した株価: 603693の株価は、 CN市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 603693の weekly volatility ( 10% ) は過去 1 年間安定していますが、依然としてCNの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2002566Hua Chenwww.jsne.com.cn江蘇新能源開発有限公司は、風力、太陽光、バイオマス発電所への投資、開発、建設、管理を行っている。同社は2002年に設立され、中国の南京を拠点としている。江蘇新能源開発有限公司は江蘇国信投資集団有限公司の子会社として運営されている。もっと見るJiangsu New Energy Development Co., Ltd. 基礎のまとめJiangsu New Energy Development の収益と売上を時価総額と比較するとどうか。603693 基礎統計学時価総額CN¥12.05b収益（TTM）CN¥453.26m売上高(TTM)CN¥2.02b26.6xPER（株価収益率6.0xP/Sレシオ603693 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計603693 損益計算書（TTM）収益CN¥2.02b売上原価CN¥1.03b売上総利益CN¥989.17mその他の費用CN¥535.91m収益CN¥453.26m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）0.51グロス・マージン48.96%純利益率22.44%有利子負債／自己資本比率90.4%603693 の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.1%現在の配当利回り29%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/19 13:26終値2026/06/18 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Jiangsu New Energy Development Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関Yigong TaoChina Galaxy Securities Co., Ltd.Jie WuHaitong International Research LimitedYi CaiIndustrial Securities Co. Ltd.1 その他のアナリストを表示
Declared Dividend • Jun 15Dividend of CN¥0.15 announcedDividend of CN¥0.15 is the same as last year. Ex-date: 17th June 2026 Payment date: 17th June 2026 Dividend yield will be 1.0%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥14.48, the stock trades at a trailing P/E ratio of 28.5x. Average trailing P/E is 24x in the Renewable Energy industry in China. Total returns to shareholders of 13% over the past three years.
New Risk • Jun 06New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Buy Or Sell Opportunity • Jun 05Now 20% undervaluedOver the last 90 days, the stock has risen 12% to CN¥15.31. The fair value is estimated to be CN¥19.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 6.7%.
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥17.69, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 23x in the Renewable Energy industry in China. Total returns to shareholders of 31% over the past three years.
Buy Or Sell Opportunity • May 15Now 22% undervaluedOver the last 90 days, the stock has risen 22% to CN¥14.94. The fair value is estimated to be CN¥19.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 6.7%.
Declared Dividend • Jun 15Dividend of CN¥0.15 announcedDividend of CN¥0.15 is the same as last year. Ex-date: 17th June 2026 Payment date: 17th June 2026 Dividend yield will be 1.0%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥14.48, the stock trades at a trailing P/E ratio of 28.5x. Average trailing P/E is 24x in the Renewable Energy industry in China. Total returns to shareholders of 13% over the past three years.
New Risk • Jun 06New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Buy Or Sell Opportunity • Jun 05Now 20% undervaluedOver the last 90 days, the stock has risen 12% to CN¥15.31. The fair value is estimated to be CN¥19.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 6.7%.
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥17.69, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 23x in the Renewable Energy industry in China. Total returns to shareholders of 31% over the past three years.
Buy Or Sell Opportunity • May 15Now 22% undervaluedOver the last 90 days, the stock has risen 22% to CN¥14.94. The fair value is estimated to be CN¥19.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 6.7%.
Buy Or Sell Opportunity • Apr 30Now 21% undervaluedOver the last 90 days, the stock has risen 17% to CN¥14.73. The fair value is estimated to be CN¥18.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 6.7%.
New Risk • Apr 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change).
Reported Earnings • Apr 25First quarter 2026 earnings released: EPS: CN¥0.12 (vs CN¥0.18 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.12 (down from CN¥0.18 in 1Q 2025). Revenue: CN¥507.8m (down 12% from 1Q 2025). Net income: CN¥109.5m (down 33% from 1Q 2025). Profit margin: 22% (down from 28% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
お知らせ • Apr 25Jiangsu New Energy Development Co., Ltd., Annual General Meeting, May 21, 2026Jiangsu New Energy Development Co., Ltd., Annual General Meeting, May 21, 2026, at 14:30 China Standard Time. Location: 15F, No. 88, Changjiang Road, Xuanwu District, Nanjing, Jiangsu China
Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥16.43, the stock trades at a trailing P/E ratio of 38.2x. Average trailing P/E is 22x in the Renewable Energy industry in China. Total returns to shareholders of 36% over the past three years.
Valuation Update With 7 Day Price Move • Apr 02Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥14.15, the stock trades at a trailing P/E ratio of 32.9x. Average trailing P/E is 23x in the Renewable Energy industry in China. Total returns to shareholders of 19% over the past three years.
お知らせ • Mar 30Jiangsu New Energy Development Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Jiangsu New Energy Development Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026
Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥15.88, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 23x in the Renewable Energy industry in China. Total returns to shareholders of 31% over the past three years.
お知らせ • Dec 26Jiangsu New Energy Development Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026Jiangsu New Energy Development Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026
Board Change • Dec 12Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Jian Cai was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.15 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.12 (down from CN¥0.15 in 3Q 2024). Revenue: CN¥471.6m (down 7.3% from 3Q 2024). Net income: CN¥108.4m (down 18% from 3Q 2024). Profit margin: 23% (down from 26% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Jiangsu New Energy Development Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Jiangsu New Energy Development Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥15.66, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 13x in the Renewable Energy industry in China. Total returns to shareholders of 18% over the past three years.
お知らせ • Jun 30Jiangsu New Energy Development Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025Jiangsu New Energy Development Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025
Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 28%After last week's 28% share price gain to CN¥16.80, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 13x in the Renewable Energy industry in China. Total returns to shareholders of 29% over the past three years.
New Risk • May 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (16% net profit margin).
Reported Earnings • Apr 24First quarter 2025 earnings released: EPS: CN¥0.18 (vs CN¥0.28 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.18 (down from CN¥0.28 in 1Q 2024). Revenue: CN¥574.4m (down 14% from 1Q 2024). Net income: CN¥163.7m (down 35% from 1Q 2024). Profit margin: 28% (down from 38% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 5% per year.
お知らせ • Apr 23Jiangsu New Energy Development Co., Ltd., Annual General Meeting, May 13, 2025Jiangsu New Energy Development Co., Ltd., Annual General Meeting, May 13, 2025, at 14:30 China Standard Time. Location: 3F, No. 88, Changjiang Road, Xuanwu District, Nanjing, Jiangsu China
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥15.15, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 17x in the Renewable Energy industry in China. Total returns to shareholders of 20% over the past three years.
New Risk • Apr 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.7% average weekly change).
お知らせ • Mar 28Jiangsu New Energy Development Co., Ltd. to Report Q1, 2025 Results on Apr 23, 2025Jiangsu New Energy Development Co., Ltd. announced that they will report Q1, 2025 results on Apr 23, 2025
分析記事 • Mar 25Jiangsu New Energy Development Co., Ltd. (SHSE:603693) Soars 34% But It's A Story Of Risk Vs RewardThe Jiangsu New Energy Development Co., Ltd. ( SHSE:603693 ) share price has done very well over the last month...
Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥12.07, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 18x in the Renewable Energy industry in China. Total loss to shareholders of 16% over the past three years.
分析記事 • Mar 20With EPS Growth And More, Jiangsu New Energy Development (SHSE:603693) Makes An Interesting CaseThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
分析記事 • Feb 06Does Jiangsu New Energy Development (SHSE:603693) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Dec 27Jiangsu New Energy Development Co., Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025Jiangsu New Energy Development Co., Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.048 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.15 (up from CN¥0.048 in 3Q 2023). Revenue: CN¥508.8m (up 39% from 3Q 2023). Net income: CN¥131.5m (up 216% from 3Q 2023). Profit margin: 26% (up from 11% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
分析記事 • Oct 17These 4 Measures Indicate That Jiangsu New Energy Development (SHSE:603693) Is Using Debt ExtensivelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
お知らせ • Sep 30Jiangsu New Energy Development Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Jiangsu New Energy Development Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥10.33, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 18x in the Renewable Energy industry in China. Total loss to shareholders of 50% over the past three years.
Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥0.048 (vs CN¥0.18 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.048 (down from CN¥0.18 in 2Q 2023). Revenue: CN¥382.2m (down 29% from 2Q 2023). Net income: CN¥42.0m (down 74% from 2Q 2023). Profit margin: 11% (down from 30% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
分析記事 • Aug 21Jiangsu New Energy Development (SHSE:603693) Has Some Way To Go To Become A Multi-BaggerIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
分析記事 • Jul 16Here's Why Jiangsu New Energy Development (SHSE:603693) Has A Meaningful Debt BurdenDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • Jun 28Jiangsu New Energy Development Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024Jiangsu New Energy Development Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024
分析記事 • May 21Jiangsu New Energy Development Co., Ltd.'s (SHSE:603693) Share Price Boosted 41% But Its Business Prospects Need A Lift TooJiangsu New Energy Development Co., Ltd. ( SHSE:603693 ) shareholders have had their patience rewarded with a 41% share...
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥13.71, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Renewable Energy industry in China. Total returns to shareholders of 38% over the past three years.
分析記事 • May 13Jiangsu New Energy Development (SHSE:603693) Has Some Way To Go To Become A Multi-BaggerDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
お知らせ • Apr 26Jiangsu New Energy Development Co., Ltd., Annual General Meeting, May 17, 2024Jiangsu New Energy Development Co., Ltd., Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: 4F, No. 88, Changjiang Road, Xuanwu District, Nanjing, Jiangsu China
Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.20 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.28 (up from CN¥0.20 in 1Q 2023). Revenue: CN¥666.7m (up 20% from 1Q 2023). Net income: CN¥250.5m (up 42% from 1Q 2023). Profit margin: 38% (up from 32% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 30Jiangsu New Energy Development Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024Jiangsu New Energy Development Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024
分析記事 • Mar 28A Piece Of The Puzzle Missing From Jiangsu New Energy Development Co., Ltd.'s (SHSE:603693) Share PriceJiangsu New Energy Development Co., Ltd.'s ( SHSE:603693 ) price-to-earnings (or "P/E") ratio of 18.8x might make it...
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥8.63, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Renewable Energy industry in China. Total returns to shareholders of 16% over the past three years.
お知らせ • Dec 30Jiangsu New Energy Development Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024Jiangsu New Energy Development Co., Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024
New Risk • Sep 10New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Aug 29Second quarter 2023 earnings released: EPS: CN¥0.18 (vs CN¥0.20 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.18 (down from CN¥0.20 in 2Q 2022). Revenue: CN¥537.0m (down 2.6% from 2Q 2022). Net income: CN¥162.0m (down 8.6% from 2Q 2022). Profit margin: 30% (down from 32% in 2Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 28Jiangsu New Energy Development Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023Jiangsu New Energy Development Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023
Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.15 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.20 (up from CN¥0.15 in 1Q 2022). Revenue: CN¥554.5m (up 3.6% from 1Q 2022). Net income: CN¥176.4m (up 38% from 1Q 2022). Profit margin: 32% (up from 24% in 1Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Jian Cai was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.088 (vs CN¥0.11 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.088 (down from CN¥0.11 in 3Q 2021). Revenue: CN¥430.0m (up 5.9% from 3Q 2021). Net income: CN¥76.2m (down 16% from 3Q 2021). Profit margin: 18% (down from 22% in 3Q 2021). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.13 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.19 (up from CN¥0.13 in 2Q 2021). Revenue: CN¥551.3m (up 33% from 2Q 2021). Net income: CN¥177.3m (up 75% from 2Q 2021). Profit margin: 32% (up from 24% in 2Q 2021). Over the next year, revenue is forecast to grow 33%, compared to a 14% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥15.51, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Renewable Energy industry in China. Total returns to shareholders of 87% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥6.54 per share.
Reported Earnings • Apr 28First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: CN¥0.19 (down from CN¥0.32 in 1Q 2021). Revenue: CN¥535.3m (flat on 1Q 2021). Net income: CN¥127.9m (down 36% from 1Q 2021). Profit margin: 24% (down from 37% in 1Q 2021). Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 8.9%. Over the next year, revenue is forecast to grow 39%, compared to a 12% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 08Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: CN¥0.49 (up from CN¥0.25 in FY 2020). Revenue: CN¥1.86b (up 20% from FY 2020). Net income: CN¥306.8m (up 100% from FY 2020). Profit margin: 17% (up from 9.9% in FY 2020). Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 8.9%. Over the next year, revenue is forecast to grow 34%, compared to a 12% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Feb 24Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: CN¥0.50 (up from CN¥0.25 in FY 2020). Revenue: CN¥1.86b (up 20% from FY 2020). Net income: CN¥309.3m (up 101% from FY 2020). Profit margin: 17% (up from 9.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 7.0%. Over the next year, revenue is forecast to grow 34%, compared to a 13% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.08 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥405.9m (up 24% from 3Q 2020). Net income: CN¥90.6m (up 86% from 3Q 2020). Profit margin: 22% (up from 15% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥19.64, the stock trades at a trailing P/E ratio of 72.9x. Average trailing P/E is 21x in the Renewable Energy industry in China. Total returns to shareholders of 20% over the past three years.
Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.19 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥415.6m (down 2.0% from 2Q 2020). Net income: CN¥101.1m (down 12% from 2Q 2020). Profit margin: 24% (down from 27% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥17.20, the stock trades at a trailing P/E ratio of 63.8x. Average trailing P/E is 19x in the Renewable Energy industry in China. Total loss to shareholders of 2.6% over the past three years.
Valuation Update With 7 Day Price Move • Aug 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥15.01, the stock trades at a trailing P/E ratio of 55.7x. Average trailing P/E is 17x in the Renewable Energy industry in China. Total loss to shareholders of 21% over the past three years.
Reported Earnings • Apr 28First quarter 2021 earnings released: EPS CN¥0.32 (vs CN¥0.30 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥539.0m (up 23% from 1Q 2020). Net income: CN¥199.2m (up 6.3% from 1Q 2020). Profit margin: 37% (down from 43% in 1Q 2020).
Valuation Update With 7 Day Price Move • Apr 01Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥14.30, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 20x in the Renewable Energy industry in China. Total returns to shareholders of 69% over the past year.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥9.94, the stock is trading at a trailing P/E ratio of 14.8x, down from the previous P/E ratio of 17.5x. This compares to an average P/E of 16x in the Renewable Energy industry in China. Total returns to shareholders over the past year are 14%.
Is New 90 Day High Low • Feb 03New 90-day low: CN¥10.85The company is down 9.0% from its price of CN¥11.86 on 05 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is flat over the same period.
お知らせ • Jan 31Jiangsu New Energy Development Co., Ltd. (SHSE:603693) agreed to acquire 40% stake in Datang Guoxin Binhai Offshore Wind Power Co., Ltd. From Jiangsu Guoxin Investment Group Limited.Jiangsu New Energy Development Co., Ltd. (SHSE:603693) agreed to acquire 40% stake in Datang Guoxin Binhai Offshore Wind Power Co., Ltd. From Jiangsu Guoxin Investment Group Limited on January 30, 2021. Payment will be done through issuing shares. As of August 31, 2021, Datang Guoxin Binhai had total assets worth CNY 4.7 billion and net assets worth CNY 1.27 billion. The transaction must be approved by Guoxin Group, shareholders of Jiangsu New Energy and China Securities Regulatory Commission. The transaction plan was approved by the board of directors of Guoxin Group, the state-owned assets supervision and management agency, the 18th meeting of the second board of directors of Jiangsu New Energy Development. This transaction has obtained a written statement that other shareholders of the target company waived the right of first refusal.
Is New 90 Day High Low • Dec 09New 90-day low: CN¥11.22The company is down 7.0% from its price of CN¥12.07 on 10 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is down 1.0% over the same period.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥412.8m, up 85% from the prior year. Total revenue was CN¥1.59b over the last 12 months, up 11% from the prior year.
Is New 90 Day High Low • Oct 30New 90-day low: CN¥11.68The company is down 15% from its price of CN¥13.81 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 1.0% over the same period.
お知らせ • Oct 30Jiangsu New Energy Development Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020Jiangsu New Energy Development Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020
お知らせ • Jul 17Jiangsu New Energy Development Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020Jiangsu New Energy Development Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020
