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 3,106 - -
Change - -27.58% -31.91% -13.2% 40.94% -6.85% - -
Enterprise Value (EV) 5,526 4,002 2,725 2,366 3,334 3,106 3,106 3,106
Change - -27.58% -31.91% -13.2% 40.94% -6.85% 0% 0%
P/E 58.9x 47.4x 291x 171x 119x 21.1x 12.4x 9.87x
PBR 4.29x 2.86x 1.97x 1.69x 2.31x 2.02x 1.81x 1.61x
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 1.85x 1.52x 1.35x
EV / Revenue 0x 0x 0x 0x 0x 1.85x 1.52x 1.35x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 14.9x 8.25x 6.5x
EV / FCF - - - 0x 0x 21.5x 9.39x 7.67x
FCF Yield - - - 6.33% 8.04% 4.64% 10.6% 13%
Dividend per Share 2 - - - - - 0.12 0.2 0.25
Rate of return - - - - - 1.8% 3% 3.75%
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 6.660 6.660 6.660
Nbr of stocks (in thousands) 471,330 492,792 469,042 461,113 466,296 466,296 - -
Announcement Date 3/4/22 4/19/23 4/29/24 4/22/25 4/28/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.95x - - 1.82% 455M
36.96x5.14x15.47x0.82% 42.75B
-116.75x3.89x12.79x0.13% 14.37B
578.65x3.31x14.29x-.--% 5.69B
42.48x1.7x8.38x2.84% 3.7B
27.28x3.95x11.23x1.79% 3.64B
10.63x - - 4.12% 3.62B
17x - - - 3.37B
12.49x - - - 2.75B
Average 69.97x 3.60x 12.43x 1.65% 8.93B
Weighted average by Cap. 44.67x 4.49x 14.23x 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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