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Shandong Hi-Speed New Energy Group Limited
(1250)
Shandong Hi-Speed New Energy Group Limited (1250) vs. iShares MSCI Hong Kong ETF (EWH)
Shandong Hi-Speed New Energy Group Limited Business Overview & Revenue Model
Shandong Hi-Speed New Energy Group Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.45B | 4.42B | 4.96B | 5.30B | 6.02B | 5.55B |
| Gross Profit | 2.01B | 2.02B | 2.41B | 2.56B | 2.58B | 2.66B |
| EBITDA | 3.42B | 3.31B | 4.15B | 3.45B | 2.89B | 3.32B |
| Net Income | 299.57M | 284.24M | 378.20M | 258.24M | -391.58M | 763.69M |
Balance Sheet | ||||||
| Total Assets | 54.27B | 48.40B | 54.71B | 52.03B | 54.87B | 57.13B |
| Cash, Cash Equivalents and Short-Term Investments | 5.23B | 4.20B | 5.43B | 4.05B | 1.72B | 2.91B |
| Total Debt | 30.54B | 26.56B | 31.86B | 31.10B | 32.17B | 30.71B |
| Total Liabilities | 32.65B | 29.05B | 35.41B | 36.94B | 42.79B | 44.00B |
| Stockholders Equity | 14.81B | 13.23B | 14.39B | 14.56B | 11.25B | 10.74B |
Cash Flow | ||||||
| Free Cash Flow | 385.72M | 973.31M | 356.53M | 2.70B | 947.28M | -507.81M |
| Operating Cash Flow | 1.78B | 2.29B | 2.00B | 3.66B | 2.29B | 1.62B |
| Investing Cash Flow | -1.15B | -1.29B | -2.57B | -1.38B | -2.52B | -2.85B |
| Financing Cash Flow | -879.98M | -1.86B | 1.94B | 349.56M | -1.21B | -185.04M |
Shandong Hi-Speed New Energy Group Limited Technical Analysis
Shandong Hi-Speed New Energy Group Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | HK$4.11B | ― | ― | ― | ― | ― | |
68 Neutral | HK$2.49B | 10.21 | 4.37% | 8.85% | 24.56% | ― | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
65 Neutral | HK$2.52B | 4.07 | 6.80% | 10.94% | -16.17% | -31.65% | |
48 Neutral | HK$2.14B | -3.10 | -35.49% | ― | 39.42% | 56.89% | |
48 Neutral | HK$1.03B | -7.13 | ― | ― | 5.48% | -11.10% | |
44 Neutral | HK$2.05B | -5.55 | -3.42% | 3.08% | -3.25% | 12.59% |
Shandong Hi-Speed New Energy Group Limited Corporate Events
Shandong Hi-Speed New Energy Group Limited has renewed its electricity sales arrangement with substantial shareholder Beijing Enterprises Water Group (BEWG) through a new 2025 Electricity Sales Agreement, under which the group will continue to supply electricity generated by its distributed photovoltaic power stations installed at certain water plants to the BEWG group from 1 January 2026 to 31 December 2028. The pricing will follow government-prescribed tariffs per kilowatt-hour, subject to an 8% to 30% discount depending on plant location, and the deal is classified as a continuing connected transaction under Hong Kong listing rules, triggering reporting, announcement and annual review requirements but exempting the company from seeking independent shareholders’ approval, thereby providing revenue visibility while reinforcing its strategic relationship with a major shareholder.
The most recent analyst rating on (HK:1250) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Shandong Hi-Speed New Energy Group Limited stock, see the HK:1250 Stock Forecast page.
Shandong Hi-Speed New Energy Group and its parent-related entity Shandong Hi-Speed Holdings Group have entered into an intragroup cooperation agreement under which SDHS Linteng will lease a designated area in Linyi City, Shandong Province, to Shandong Hi-Speed New Energy (Shandong) for the construction and operation of photovoltaic power generation projects. The lease, recognised as a right-of-use asset of about RMB51.3 million for each of Shandong Hi-Speed New Energy and Shandong Hi-Speed Group under HKFRS 16, constitutes a one-off connected transaction that falls within Hong Kong Listing Rules reporting and announcement thresholds but is exempt from circular and independent shareholders’ approval requirements, underscoring the group’s continued expansion of its solar power footprint through related-party land arrangements within the SDHS corporate network.
The most recent analyst rating on (HK:1250) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Shandong Hi-Speed New Energy Group Limited stock, see the HK:1250 Stock Forecast page.
Shandong Hi-Speed New Energy Group Limited’s indirect non-wholly owned subsidiary, Wuxiang Beiqing Smart Energy, has entered into an engineering, procurement and construction (EPC) contract with CR 17th Bureau 2nd Engineering for a 100MW photovoltaic power generation project in Wuxiang County, Changzhi City, Shanxi Province. Under the agreement, the contractor will handle plant and substation design, equipment and materials procurement, logistics and construction for a total consideration of approximately RMB405.5 million, with work scheduled to start in May 2026 and complete by September 2027. Classified as a discloseable transaction under Hong Kong listing rules, the deal signals further expansion of the group’s solar power portfolio and underscores its ongoing commitment to scaling renewable energy capacity on the mainland.
The most recent analyst rating on (HK:1250) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Shandong Hi-Speed New Energy Group Limited stock, see the HK:1250 Stock Forecast page.
Shandong Hi-Speed New Energy Group Limited and its subsidiary have entered into an EPC Contract with CCCC FHEC, FHSW Engineering, and PowerChina Henan for a 100MW wind farm project in Zhaoping County, Guangxi, China. The contract, valued at approximately RMB 674.6 million, involves the construction, engineering, and procurement services necessary for the wind farm, with a completion timeline of 791 days. This transaction is significant as it constitutes a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, highlighting the company’s ongoing expansion in renewable energy projects.
The most recent analyst rating on (HK:1250) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Shandong Hi-Speed New Energy Group Limited stock, see the HK:1250 Stock Forecast page.
Shandong Hi-Speed New Energy Group Limited has been granted an extension of a waiver from the Hong Kong Stock Exchange regarding the minimum public float requirement, which mandates that at least 25% of a company’s shares be held by the public. The company had fallen short of this requirement, with only 21.31% of its shares publicly held. The extension allowed the company additional time to make necessary arrangements to restore compliance. By November 28, 2025, the company successfully restored its public float to the required 25% through a series of share disposals.
The most recent analyst rating on (HK:1250) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Shandong Hi-Speed New Energy Group Limited stock, see the HK:1250 Stock Forecast page.
Shandong Hi-Speed New Energy Group Limited announced the restoration of its public float to the required minimum of 25% following the disposal of 82,936,512 shares by its offeror. This move ensures compliance with the Hong Kong Stock Exchange’s listing rules and reflects a strategic adjustment in the company’s shareholding structure, potentially impacting its market positioning and stakeholder confidence.
The most recent analyst rating on (HK:1250) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Shandong Hi-Speed New Energy Group Limited stock, see the HK:1250 Stock Forecast page.
Shandong Hi-Speed New Energy Group Limited announced a decrease in power generation for September 2025 by 16.4% compared to the same period in 2024, with a total of 459,260 MWh generated. Despite this monthly decline, the company reported a 5.0% increase in power generation for the nine months ending September 2025, highlighting growth in its renewable energy operations. This performance reflects the company’s ongoing efforts to expand its energy production capabilities, although the monthly downturn may impact short-term stakeholder expectations.
Shandong Hi-Speed New Energy Group Limited announced the successful passing of a resolution at its extraordinary general meeting held on October 16, 2025. The resolution approved an EPC contract between Heze SH Energy and China Energy Engineering No. 2 Construction Co and Zhengchen Technology, with all votes cast in favor. This development signifies the company’s commitment to expanding its infrastructure projects and strengthening its position in the renewable energy sector.