Stock Analysis
- China
- /
- Renewable Energy
- /
- SZSE:000600
Jointo Energy Investment Hebei Full Year 2023 Earnings: EPS: CN¥0.093 (vs CN¥0.057 in FY 2022)
Jointo Energy Investment Hebei (SZSE:000600) Full Year 2023 Results
Key Financial Results
- Revenue: CN¥18.9b (up 3.5% from FY 2022).
- Net income: CN¥167.0m (up 62% from FY 2022).
- Profit margin: 0.9% (up from 0.6% in FY 2022). The increase in margin was driven by higher revenue.
- EPS: CN¥0.093 (up from CN¥0.057 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Jointo Energy Investment Hebei Earnings Insights
Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Renewable Energy industry in China.
Performance of the Chinese Renewable Energy industry.
The company's shares are down 2.9% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for Jointo Energy Investment Hebei you should be aware of.
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Find out whether Jointo Energy Investment Hebei is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About SZSE:000600
Jointo Energy Investment Hebei
Jointo Energy Investment Co., Ltd. Hebei invests in, constructs, operates, and manages energy projects primarily based on electricity production.
Limited growth with questionable track record.