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 3,120 - -
Change - -27.58% -31.91% -13.2% 40.94% -6.43% - -
Enterprise Value (EV) 5,526 4,002 2,725 2,366 3,334 3,120 3,120 3,120
Change - -27.58% -31.91% -13.2% 40.94% -6.43% 0% 0%
P/E 58.9x 47.4x 291x 171x 119x 21.2x 12.5x 9.91x
PBR 4.29x 2.86x 1.97x 1.69x 2.31x 2.03x 1.82x 1.62x
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 1.86x 1.53x 1.35x
EV / Revenue 0x 0x 0x 0x 0x 1.86x 1.53x 1.35x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 15x 8.29x 6.53x
EV / FCF - - - 0x 0x 21.6x 9.43x 7.7x
FCF Yield - - - 6.33% 8.04% 4.62% 10.6% 13%
Dividend per Share 2 - - - - - 0.12 0.2 0.25
Rate of return - - - - - 1.79% 2.99% 3.74%
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 6.690 6.690 6.690
Nbr of stocks (in thousands) 471,330 492,792 469,042 461,113 466,296 466,296 - -
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.($)
21.24x - - 1.79% 462M
36.48x5.08x15.3x0.84% 42.19B
-65.97x3.98x13.02x0.13% 14.89B
580.72x3.32x14.33x-.--% 5.71B
10.94x - - 4.01% 3.74B
29.46x3.93x11.5x1.74% 3.75B
42.12x1.69x8.33x2.86% 3.68B
17.73x - - - 3.52B
12.74x - - - 2.81B
Average 76.16x 3.60x 12.50x 1.62% 8.97B
Weighted average by Cap. 53.06x 4.47x 14.17x 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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