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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/S

6.4
Current
16%
More Expensive
vs 3-y average of 5.5

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
6.4
=
Market Cap
¥11.3B
/
Revenue
¥2.1B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
6.4
=
Market Cap
¥11.3B
/
Revenue
¥2.1B

Valuation Scenarios

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

If P/S returns to its 3-Year Average (5.5), the stock would be worth ¥12.65 (14% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-77%
Maximum Upside
No Upside Scenarios
Average Downside
40%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 6.4 ¥14.73
0%
3-Year Average 5.5 ¥12.65
-14%
5-Year Average 5.5 ¥12.79
-13%
Industry Average 1.5 ¥3.46
-77%
Country Average 2.8 ¥6.41
-57%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
¥11.3B
/
Oct 2025
¥2.1B
=
6.4
Current
¥11.3B
/
Dec 2025
¥2.4B
=
4.7
Forward
¥11.3B
/
Dec 2027
¥2.3B
=
4.9
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close

Market Distribution

Higher than 75% of companies in China
Percentile
75th
Based on 7 736 companies
75th percentile
6.4
Low
0 — 1.5
Typical Range
1.5 — 5.4
High
5.4 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.8
70th Percentile 5.4
Max 5 034 353.9

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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