Shandong Hi-Speed New Energy Group Limited (1250.HK) Stock

About Shandong Hi-Speed New Energy Group Limited

Shandong Hi-Speed New Energy Group Limited engages in investment, development, construction, operation, and management of photovoltaic power, wind power, and clean heat supply service businesses in the People's Republic of China. The company provides engineering, procurement, construction, and technical consultancy services for photovoltaic and wind power-related projects, and clean heat supply services, which include the production of heat through natural gas, electricity, geothermal energy, biomass energy, photovoltaic power, industrial waste heat energy, clean coal- fired, river water source, and other clean energy sources. It also engages in the infrastructure development and operation of wind power plants and clean energy projects, as well as in the property investment business; and trading of equipment related to photovoltaic power business. The company was formerly known as Beijing Enterprises Clean Energy Group Limited and changed its name to Shandong Hi-Speed New Energy Group Limited in July 2022. Shandong Hi-Speed New Energy Group Limited was founded in 2000 and is headquartered in Central, Hong Kong.

Shandong Hi-Speed New Energy Group Limited (1250.HK) stock trades at $1.22 with a market capitalization of $2.74B. The stock is valued at a price-to-earnings (P/E) ratio of 10.17, price-to-book of 0.18, price-to-sales of 0.62. Over the past 52 weeks the stock has ranged between $1.01 and $2.49, and currently trades 51.0% below its 52-week high.

On profitability, Shandong Hi-Speed New Energy Group Limited generates a return on equity (ROE) of 2.05%, an operating margin of 26.36%, a net profit margin of 5.19%.

Official website: www.shneg.com.hk