Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
603693.SS
HOLDREMOVEJiangsu New Energy Development Co., Ltd. · Utilities · China · $2.3B · Avg Vol: $65M/d
Jiangsu New Energy Development is a utility-like renewable energy operator with high capital intensity and low return on capital.
COMPANY DESCRIPTION
Jiangsu New Energy Development is a regional utility company specializing in the investment, construction, and operation of wind, solar, and biomass power generation projects. Backed by the state-owned Jiangsu Guoxin Group, the company enjoys strong government support and preferential access to grid connections in the economically vibrant Jiangsu Province. Its business model is characterized by highly stable, regulated cash flows and a growing portfolio of clean energy assets.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 291M | 288M | 310M | 308M | 1.9% |
| EPS | 0.08 | 0.08 | 0.07 | 0.08 | 2.5% |
| Shares | 891M | 891M | 891M | 891M | 0.0% |
| Debt | 931M | 807M | 957M | 1.1B | 4.6% |
| Equity | 898M | 948M | 990M | 1.0B | 5.2% |
| Op CF | 202M | 136M | 146M | 169M | -5.8% |
| Inv CF | -90M | -120M | -123M | -94M | — |
| Fin CF | -67M | -35M | 46M | -106M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of 603693.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 603693.SS | Jiangsu New Energy Development Co., Ltd.(you) | $2.3B | 46 | HOLD |
| 601619.SS | Jiaze Renewables Corporation Limited | $2.4B | 41 | HOLD |
| 600116.SS | Chongqing Three Gorges Water Conservancy and Electric Power Co., Ltd. | $2.0B | 39 | HOLD |
| 000591.SZ | CECEP Solar Energy Co.,Ltd. | $3.5B | 48 | HOLD |
| 600821.SS | NYOCOR Co., Ltd. | $2.4B | 33 | SELL |
| 601016.SS | CECEP Wind-power Corporation Co.,Ltd. | $4.9B | 48 | HOLD |
| 600131.SS | State Grid Information & Communication Co., Ltd. | $3.1B | 34 | SELL |
| 1798.HK | China Datang Corporation Renewable Power Co., Limited | $1.6B | 57 | HOLD |
| 002256.SZ | ZETTA Group Co., Ltd. | $1.3B | 38 | HOLD |
| 601778.SS | Jinko Power Technology Co., Ltd. | $3.3B | 28 | SELL |
Peer medians: ROE 7.7% · P/E 22.3x · Gross margin 24.8%