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Jiangsu New Energy Development Co Ltd
SSE:603693

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Jiangsu New Energy Development Co Ltd
SSE:603693
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Price: 14.73 CNY -2.64% Market Closed
Market Cap: ¥13.1B

P/FCFE

20.4
Current
55%
More Expensive
vs 3-y average of 13.2

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
20.4
=
Market Cap
¥11.3B
/
Free Cash Flow to Equity
¥644.5m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
20.4
=
Market Cap
¥11.3B
/
Free Cash Flow to Equity
¥644.5m

Valuation Scenarios

Jiangsu New Energy Development Co Ltd is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (13.2), the stock would be worth ¥9.52 (35% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-38%
Maximum Upside
+30%
Average Downside
18%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 20.4 ¥14.73
0%
3-Year Average 13.2 ¥9.52
-35%
5-Year Average 12.7 ¥9.15
-38%
Industry Average 14.5 ¥10.48
-29%
Country Average 26.4 ¥19.08
+30%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close

Market Distribution

In line with most companies in China
Percentile
42nd
Based on 5 086 companies
42nd percentile
20.4
Low
0.2 — 13.7
Typical Range
13.7 — 52.8
High
52.8 —
Distribution Statistics
China
Min 0.2
30th Percentile 13.7
Median 26.4
70th Percentile 52.8
Max 2 279 450.9

Jiangsu New Energy Development Co Ltd
Glance View

Market Cap
13.1B CNY
Industry
Utilities

In the sprawling industrial landscape of China, Jiangsu New Energy Development Co., Ltd. has carved out a significant niche for itself as a vanguard in the renewable energy sector. Rooted in the economically vibrant Jiangsu Province, the company has embraced the green transformation with open arms, aligning its operations with China's ambitious sustainability goals. Specializing predominantly in wind and solar power generation, Jiangsu New Energy develops, constructs, and operates renewable energy projects. By harnessing the innate forces of nature, the company converts abundant solar radiation and robust winds into reliable power sources, contributing to the grid with clean, sustainable energy. This strategic focus not only capitalizes on the global shift toward cleaner energy sources but also ensures a reduction in carbon emissions, positioning Jiangsu as a critical player in the battle against climate change. However, the company's journey toward profitability is not solely reliant on deploying turbines and photovoltaic panels. Jiangsu New Energy Development generates revenue through electricity sales, leveraging government feed-in tariffs and long-term power purchase agreements to secure a steady income. The financial landscape is further buoyed by the company's expertise in energy management solutions, offering a suite of services that include project planning, engineering, and operations management for third-party renewable energy projects. This diversification allows Jiangsu not only to mitigate market risks but also to broaden its portfolio across the value chain in renewable energy. By aligning its business model with eco-friendly innovation, Jiangsu New Energy Development Co., Ltd. has firmly positioned itself at the crossroads of profitability and sustainability, navigating the future with both foresight and pragmatism.

Intrinsic Value
11.1 CNY
Overvaluation 25%
Intrinsic Value
Price ¥14.73
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