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Jiangsu New Energy Development SHSE:603693 Stock Report

Last Price

CN¥11.27

Market Cap

CN¥10.0b

7D

-4.0%

1Y

-16.3%

Updated

16 Jul, 2024

Data

Company Financials

Jiangsu New Energy Development Co., Ltd.

SHSE:603693 Stock Report

Market Cap: CN¥10.0b

Jiangsu New Energy Development Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Jiangsu New Energy Development
Historical stock prices
Current Share PriceCN¥11.27
52 Week HighCN¥14.79
52 Week LowCN¥8.49
Beta0.49
11 Month Change-8.08%
3 Month Change6.02%
1 Year Change-16.33%
33 Year Change5.33%
5 Year Change29.77%
Change since IPO13.05%

Recent News & Updates

Here's Why Jiangsu New Energy Development (SHSE:603693) Has A Meaningful Debt Burden

Jul 16
Here's Why Jiangsu New Energy Development (SHSE:603693) Has A Meaningful Debt Burden

Jiangsu New Energy Development Co., Ltd.'s (SHSE:603693) Share Price Boosted 41% But Its Business Prospects Need A Lift Too

May 21
Jiangsu New Energy Development Co., Ltd.'s (SHSE:603693) Share Price Boosted 41% But Its Business Prospects Need A Lift Too

Jiangsu New Energy Development (SHSE:603693) Has Some Way To Go To Become A Multi-Bagger

May 13
Jiangsu New Energy Development (SHSE:603693) Has Some Way To Go To Become A Multi-Bagger

Recent updates

Here's Why Jiangsu New Energy Development (SHSE:603693) Has A Meaningful Debt Burden

Jul 16
Here's Why Jiangsu New Energy Development (SHSE:603693) Has A Meaningful Debt Burden

Jiangsu New Energy Development Co., Ltd.'s (SHSE:603693) Share Price Boosted 41% But Its Business Prospects Need A Lift Too

May 21
Jiangsu New Energy Development Co., Ltd.'s (SHSE:603693) Share Price Boosted 41% But Its Business Prospects Need A Lift Too

Jiangsu New Energy Development (SHSE:603693) Has Some Way To Go To Become A Multi-Bagger

May 13
Jiangsu New Energy Development (SHSE:603693) Has Some Way To Go To Become A Multi-Bagger

A Piece Of The Puzzle Missing From Jiangsu New Energy Development Co., Ltd.'s (SHSE:603693) Share Price

Mar 28
A Piece Of The Puzzle Missing From Jiangsu New Energy Development Co., Ltd.'s (SHSE:603693) Share Price

Shareholder Returns

603693CN Renewable EnergyCN Market
7D-4.0%-1.2%1.0%
1Y-16.3%21.2%-18.1%

Return vs Industry: 603693 underperformed the CN Renewable Energy industry which returned 20% over the past year.

Return vs Market: 603693 exceeded the CN Market which returned -18.6% over the past year.

Price Volatility

Is 603693's price volatile compared to industry and market?
603693 volatility
603693 Average Weekly Movement6.6%
Renewable Energy Industry Average Movement4.7%
Market Average Movement6.2%
10% most volatile stocks in CN Market9.4%
10% least volatile stocks in CN Market4.1%

Stable Share Price: 603693's share price has been volatile over the past 3 months.

Volatility Over Time: 603693's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002593Hua Chenwww.jsne.com.cn

Jiangsu New Energy Development Co., Ltd. invests in, develops, constructs, and manages wind, solar, and biomass power plants. The company was founded in 2002 and is based in Nanjing, China.

Jiangsu New Energy Development Co., Ltd. Fundamentals Summary

How do Jiangsu New Energy Development's earnings and revenue compare to its market cap?
603693 fundamental statistics
Market capCN¥10.05b
Earnings (TTM)CN¥546.39m
Revenue (TTM)CN¥2.06b

18.4x

P/E Ratio

4.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603693 income statement (TTM)
RevenueCN¥2.06b
Cost of RevenueCN¥986.94m
Gross ProfitCN¥1.07b
Other ExpensesCN¥524.72m
EarningsCN¥546.39m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 28, 2024

Earnings per share (EPS)0.61
Gross Margin52.04%
Net Profit Margin26.55%
Debt/Equity Ratio69.2%

How did 603693 perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

25%

Payout Ratio
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