Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
000537.SZ
STRONG SELLREMOVEGreen Development Electricity Group of Tianjin Co., Ltd. · Utilities · China · $3.3B · Avg Vol: $80M/d
Green Development Electricity is a regional utility. While utilities offer defensive characteristics, its returns are heavily regulated, capital-intensive, and lack the pricing power or reinvestment runway required for our portfolio.
COMPANY DESCRIPTION
Green Development Electricity Group of Tianjin is a regional utility company focused on the development, investment, and operation of renewable energy projects, including wind and solar power. The company plays a vital role in Northern China's transition to clean energy, supported by local government policies and grid-connection guarantees. Its stable cash flows are secured by long-term power purchase agreements and expanding green energy capacity.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 507M | 545M | 568M | 723M | 12.6% |
| EPS | 0.05 | 0.07 | 0.07 | 0.06 | 4.7% |
| Shares | 1.9B | 1.9B | 2.1B | 2.1B | +11.0% |
| Debt | 2.5B | 6.1B | 8.3B | 9.6B | 55.9% |
| Equity | 2.4B | 2.5B | 2.9B | 2.9B | 6.5% |
| Op CF | -1.2B | 375M | 266M | 725M | 39.1% |
| Inv CF | 1.7B | -3.7B | -2.9B | -1.7B | — |
| Fin CF | -1.0B | 3.9B | 2.3B | 1.1B | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of 000537.SZ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 000537.SZ | Green Development Electricity Group of Tianjin Co., Ltd.(you) | $3.3B | 18 | STRONG SELL |
| 600032.SS | Zhejiang Provincial New Energy Investment Group Co., Ltd. | $3.8B | 16 | STRONG SELL |
| 601778.SS | Jinko Power Technology Co., Ltd. | $3.3B | 28 | SELL |
| 600131.SS | State Grid Information & Communication Co., Ltd. | $3.1B | 34 | SELL |
| 000539.SZ | Guangdong Electric Power Development Co., Ltd. | $6.9B | 24 | SELL |
| 605011.SS | Hangzhou Cogeneration Group Co., Ltd. | $1.3B | 21 | SELL |
| 600821.SS | NYOCOR Co., Ltd. | $2.4B | 33 | SELL |
| 605580.SS | Hengsheng Energy Co., Ltd | $1.3B | 14 | STRONG SELL |
| 2655.HK | Guoxia Technology Co., Ltd. | $1.4B | 29 | SELL |
| 600310.SS | Guangxi Energy Co., Ltd. | $1.3B | 8 | STRONG SELL |
Peer medians: ROE 7.7% · P/E 22.3x · Gross margin 24.8%