Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
300129.SZ
STRONG SELLREMOVETSP Wind Power Group Co., Ltd. · Industrials · China · $1.6B · Avg Vol: $39M/d
TSP Wind Power Group operates in the highly cyclical, capital-intensive wind energy equipment sector, which suffers from low pricing power and severe domestic Chinese competition.
COMPANY DESCRIPTION
TSP Wind Power Group Co., Ltd. (Tongyu Heavy Industry) manufactures large-scale forgings and castings, specializing in wind turbine rotor shafts, generator shafts, and nuclear power components. The company is a dominant global supplier of wind turbine main shafts, leveraging massive heavy-duty forging presses and advanced metallurgical technologies. Its ability to produce ultra-large, high-integrity structural components serves as a high-barrier competitive moat in the global renewable energy supply chain.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 462M | 711M | 715M | 768M | 18.4% |
| EPS | 0.05 | 0.05 | 0.03 | 0.03 | -11.0% |
| Shares | 935M | 935M | 935M | 935M | 0.0% |
| Debt | 49M | 68M | 175M | 230M | 67.1% |
| Equity | 597M | 635M | 654M | 678M | 4.3% |
| Op CF | -44M | -31M | -56M | 77M | — |
| Inv CF | -33M | -46M | -27M | -44M | — |
| Fin CF | 169M | 15M | 119M | 214M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 300129.SZ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 300129.SZ | TSP Wind Power Group Co., Ltd.(you) | $1.6B | 15 | STRONG SELL |
| 002272.SZ | Sichuan Crun Co., Ltd | $1.5B | 13 | STRONG SELL |
| 688596.SS | Shanghai GenTech Co., Ltd. | $1.8B | 18 | STRONG SELL |
| 2432.HK | Shenzhen Dobot Corp Ltd | $1.7B | 12 | STRONG SELL |
| 300486.SZ | OMH SCIENCE Group Co., Ltd | $1.8B | 11 | STRONG SELL |
| 688556.SS | Qingdao Gaoce Technology Co., Ltd. | $1.5B | 12 | STRONG SELL |
| 002009.SZ | Miracle Automation Engineering Co.Ltd | $1.3B | 16 | STRONG SELL |
| 603690.SS | PNC Process Systems Co., Ltd. | $1.4B | 12 | STRONG SELL |
| 300809.SZ | Hiecise Precision Equipment Co.,Ltd. | $1.4B | 12 | STRONG SELL |
| 002445.SZ | Jiangyin Zhongnan Heavy Industries Co.,Ltd | $1.2B | 15 | STRONG SELL |
Peer medians: ROE 6.0% · P/E 34.7x · Gross margin 22.9%