| 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 |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | HK$2.51B | 10.30 | 4.37% | 8.77% | 24.56% | ― | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
65 Neutral | $2.95B | 4.76 | 6.80% | 10.94% | -16.17% | -31.65% | |
61 Neutral | HK$3.64B | 11.46 | ― | ― | ― | ― | |
48 Neutral | HK$1.10B | -7.61 | ― | ― | 5.48% | -11.10% | |
44 Neutral | HK$1.90B | -5.16 | -3.42% | 3.08% | -3.25% | 12.59% | |
40 Underperform | $1.18B | -1.71 | -35.49% | ― | 39.42% | 56.89% |
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.
Shandong Hi-Speed New Energy Group Limited reported a decrease of 2.4% in power generation for August 2025 compared to the same period in 2024, with a total of approximately 526,707 MWh generated. Despite this monthly decline, the company experienced a 6.3% increase in total power generation for the first eight months of 2025, reaching approximately 4,815,272 MWh. This indicates a strong overall performance for the year, suggesting resilience in their operations and potential positive implications for stakeholders.
Shandong Hi-Speed New Energy Group Limited announced a change in the record date for its upcoming Extraordinary General Meeting (EGM). Originally set for October 13, 2025, the record date has been moved to October 10, 2025. This change allows shareholders whose names appear on the register by the new date to attend and vote on an ordinary resolution concerning the approval of an EPC Contract and related transactions.
Shandong Hi-Speed New Energy Group Limited has announced an extraordinary general meeting to approve an EPC contract with Heze SH Energy, China Energy Engineering No. 2 Construction Co, and Zhengchen Technology. This contract approval is significant for the company’s strategic operations, potentially enhancing its market position in the renewable energy sector.
Shandong Hi-Speed New Energy Group Limited announced that its subsidiary, Heze SH Energy, has entered into an EPC contract with China Energy Engineering No. 2 Construction Co and Zhengchen Technology. This contract, valued at approximately RMB1.01 billion, is aimed at enhancing the company’s power plant assets. The transaction is considered a discloseable and connected transaction under Hong Kong’s Listing Rules, necessitating reporting and shareholder approval procedures. This strategic move is expected to strengthen the company’s position in the energy sector by expanding its asset base, potentially impacting its market presence and stakeholder interests.
Shandong Hi-Speed New Energy Group Limited has announced that its subsidiary, Jinan SHNE Technology, has entered into an EPC contract with SDHS City Construction, Shandong Provincial Communications Planning and Design Institute, and China Hydropower Engineering. This contract, valued at RMB18,229,119.57, involves the provision of EPC services for a new project. The transaction is categorized as a connected transaction under the Listing Rules, requiring reporting and announcement but exempt from independent shareholders’ approval due to its percentage ratio.
Shandong Hi-Speed New Energy Group Limited has entered into a finance lease agreement through its subsidiary BECE (Haixing) with BOCL. Under this agreement, BOCL will purchase leased assets from BECE (Haixing) for RMB385 million and lease them back for 13 years, with ownership reverting to BECE (Haixing) at the end of the term. This transaction is classified as a discloseable transaction under Hong Kong’s Listing Rules, indicating its significance for the company’s financial operations and compliance requirements.
Shandong Hi-Speed New Energy Group Limited reported a significant increase in power generation for July 2025, with a total of approximately 617,130 MWh, marking an 11.1% rise compared to July 2024. This growth reflects the company’s expanding capacity in renewable energy, particularly in photovoltaic and wind power, and underscores its strategic positioning in the energy market, benefiting stakeholders by enhancing its operational scale and market presence.
Shandong Hi-Speed New Energy Group Limited has entered into a loan contract with Beijing Branch of PingAn Bank, securing a loan of RMB868,334,134.50 for its subsidiary, SDHS Photovoltaic. This transaction, classified as a connected transaction under Hong Kong’s Listing Rules, highlights the company’s strategic financial maneuvering to bolster its photovoltaic operations, reflecting its commitment to expanding its clean energy footprint.
Shandong Hi-Speed New Energy Group Limited reported a decrease in power generation for June 2025 by approximately 10.8% compared to the same period in 2024, with a total of 565,473 MWh generated. However, for the first half of 2025, the company’s aggregate power generation increased by 6.9% compared to the previous year, indicating a positive trend in their overall energy output despite the monthly decline.
Shandong Hi-Speed New Energy Group Limited reported a 6.5% increase in profit for the first half of 2025, reaching approximately RMB392.8 million. The company successfully reduced its financial costs by 15.8% through refinancing strategies, maintaining a healthy debt ratio of 60.17%. Despite a slight decrease in revenue, the company has sufficient financial reserves to support future business development, although no interim dividend was declared.
Shandong Hi-Speed New Energy Group Limited announced that it has received twelve awards from the China Electricity Council for its excellence in solar and wind power station operations. The recognition highlights the company’s superior equipment management and operational efficiency, achieved through its centralised control-center platforms and regional management strategies. This achievement underscores the company’s commitment to high-quality development and the green transformation of energy, as it continues to enhance its operational standards and participate actively in power-market trading.