Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Shandong Hi-Speed New Energy Group Limited, established in 2000 and based in Wanchai, Hong Kong, operates primarily within Mainland China's clean energy sector. Formerly known as Beijing Enterprises Clean Energy Group Limited until its rebranding in July 2022, the company focuses extensively on the photovoltaic (solar) power industry. Its activities span the entire lifecycle of solar projects, including investment, development, construction, operation, and management, specifically through the creation of distributed solar power stations. Beyond its core solar operations, the company offers a range of services: it provides engineering, procurement, and construction (EPC) solutions, as well as technical consultancy for both solar and wind energy projects. A key service offering is clean heat supply, utilizing a diverse array of energy sources such as natural gas, electricity, geothermal, biomass, solar, industrial waste heat, clean coal, and river water. Additionally, Shandong Hi-Speed New Energy Group is involved in trading solar power equipment, developing and operating wind power plants and other clean energy infrastructure, and property investment.
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, underpriced on P/FCF