Company Valuation: Shandong High Speed Renewable Energy Group Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,526 4,002 2,725 2,366 3,334 3,432 - -
Change - -27.58% -31.91% -13.2% 40.94% 2.94% - -
Enterprise Value (EV) 5,526 4,002 2,725 2,366 3,334 3,432 3,432 3,432
Change - -27.58% -31.91% -13.2% 40.94% 2.94% 0% 0%
P/E 58.9x 47.4x 291x 171x 119x 23.4x 13.8x 10.9x
PBR 4.29x 2.86x 1.97x 1.69x 2.31x 2.23x 2.01x 1.78x
PEG - -3.4x -3.3x 3.4x 1x 0x 0.2x 0.4x
Capitalization / Revenue 6.68x 2.23x 1.3x 1.63x 2.3x 2.04x 1.68x 1.49x
EV / Revenue 0x 0x 0x 0x 0x 2.04x 1.68x 1.49x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 16.5x 9.12x 7.18x
EV / FCF - - - 0x 0x 23.8x 10.4x 8.47x
FCF Yield - - - 6.33% 8.04% 4.2% 9.64% 11.8%
Dividend per Share 2 - - - - - 0.12 0.2 0.25
Rate of return - - - - - 1.63% 2.72% 3.4%
EPS 2 0.199 0.1714 0.02 0.03 0.06 0.315 0.535 0.675
Distribution rate - - - - - 38.1% 37.4% 37%
Net sales 1 826.7 1,791 2,101 1,449 1,447 1,680 2,039 2,304
EBITDA 180.4 222.4 330.2 - - - - -
EBIT 1 86.51 105.8 29.82 1.027 61.35 208 376.5 478
Net income 1 80.51 84.98 8.851 13.04 30.3 165 280 355
Net Debt - - - - - - - -
Reference price 2 11.724 8.121 5.810 5.130 7.150 7.360 7.360 7.360
Nbr of stocks (in thousands) 4,71,330 4,92,792 4,69,042 4,61,113 4,66,296 4,66,296 - -
Announcement Date 04/03/22 19/04/23 29/04/24 22/04/25 28/04/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
22.48x - - 1.69% 49Cr
36.11x5.06x15.22x0.84% 4.19TCr
-70.62x4.01x13.16x0.13% 1.51TCr
1512x3.37x14.76x-.--% 577.34Cr
43.57x1.87x9.24x2.51% 430.57Cr
26.93x3.93x11.49x1.73% 381.64Cr
18.92x - - - 376.74Cr
10.4x - - 4.21% 355.9Cr
13.53x - - - 304.83Cr
Average 179.26x 3.65x 12.77x 1.59% 908.78Cr
Weighted average by Cap. 117.69x 4.45x 14.18x 0.94%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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