Declared Dividend • Jun 13
Dividend of CN¥0.15 announced Dividend 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. Buy Or Sell Opportunity • Jun 08
Now 23% undervalued Over the last 90 days, the stock has risen 5.5% to CN¥14.48. The fair value is estimated to be CN¥18.79, 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 • Jun 06
New major risk - Share price stability The 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. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 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. お知らせ • Apr 25
Jiangsu New Energy Development Co., Ltd., Annual General Meeting, May 21, 2026 Jiangsu 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 お知らせ • Mar 30
Jiangsu New Energy Development Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Jiangsu New Energy Development Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 お知らせ • Dec 26
Jiangsu New Energy Development Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 Jiangsu New Energy Development Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026 お知らせ • Sep 30
Jiangsu New Energy Development Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Jiangsu New Energy Development Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 お知らせ • Jun 30
Jiangsu New Energy Development Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Jiangsu New Energy Development Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 お知らせ • Apr 23
Jiangsu New Energy Development Co., Ltd., Annual General Meeting, May 13, 2025 Jiangsu 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 お知らせ • Mar 28
Jiangsu New Energy Development Co., Ltd. to Report Q1, 2025 Results on Apr 23, 2025 Jiangsu New Energy Development Co., Ltd. announced that they will report Q1, 2025 results on Apr 23, 2025 お知らせ • Dec 27
Jiangsu New Energy Development Co., Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025 Jiangsu New Energy Development Co., Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025 Reported Earnings • Oct 31
Third 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. Valuation Update With 7 Day Price Move • Sep 30
Investor 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 15% over the past year. お知らせ • Sep 30
Jiangsu New Energy Development Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Jiangsu New Energy Development Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 28
Second 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. お知らせ • Jun 28
Jiangsu New Energy Development Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Jiangsu New Energy Development Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥13.41, 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 2.0% over the past year. お知らせ • Apr 26
Jiangsu New Energy Development Co., Ltd., Annual General Meeting, May 17, 2024 Jiangsu 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 25
First 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. お知らせ • Mar 30
Jiangsu New Energy Development Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Jiangsu New Energy Development Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor 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. お知らせ • Dec 30
Jiangsu New Energy Development Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024 Jiangsu New Energy Development Co., Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024 Reported Earnings • Aug 29
Second 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. お知らせ • Jun 28
Jiangsu New Energy Development Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023 Jiangsu New Energy Development Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023 Reported Earnings • Apr 26
First 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. Board Change • Mar 14
Less than half of directors are independent Following 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. 5 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.