JIANGSU HAILI WIND POWER EQUIPMENT TECHNOLOGY CO., LTD.

Financials Jiangsu Haili Wind Power Equipment Technology Co., Ltd.

Equities

301155

CNE100004YQ3

Renewable Energy Equipment & Services

End-of-day quote Shenzhen S.E. Other stock markets 06:00:00 2024-05-09 pm EDT			5-day change	1st Jan Change
51.29 ^CNY	+0.81%		+5.40%	-13.29%

Apr. 26	Jiangsu Haili Wind Power Equipment Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Apr. 26	Jiangsu Haili Wind Power Equipment Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Valuation

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Capitalization ¹	26,783	18,989	12,859	11,150	-	-
Enterprise Value (EV) ¹	26,783	18,989	12,859	11,150	11,150	11,150
P/E ratio	18.6 x	92.9 x	-144 x	20.9 x	12.6 x	12.2 x
Yield	-	0.11%	-	0.56%	0.8%	0.83%
Capitalization / Revenue	-	11.6 x	7.63 x	2.86 x	1.58 x	1.6 x
EV / Revenue	-	11.6 x	7.63 x	2.86 x	1.58 x	1.6 x
EV / EBITDA	-	61.1 x	-	20.9 x	12.5 x	10.2 x
EV / FCF	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-
Price to Book	-	3.51 x	2.41 x	1.9 x	1.65 x	1.5 x
Nbr of stocks (in thousands)	217,391	217,391	217,391	217,391	-	-
Reference price ²	123.2	87.35	59.15	51.29	51.29	51.29
Announcement Date	4/27/22	4/26/23	4/26/24	-	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Net sales ¹	-	1,633	1,685	3,900	7,070	6,958
EBITDA ¹	-	311	-	533.5	893	1,088
EBIT ¹	-	228.7	-99.91	611.3	877.7	1,033
Operating Margin	-	14%	-5.93%	15.68%	12.41%	14.85%
Earnings before Tax (EBT) ¹	-	231.4	-97.89	612.3	879	1,034
Net income ¹	1,113	205.1	-88.05	534	766.7	916.5
Net margin	-	12.56%	-5.22%	13.69%	10.84%	13.17%
EPS ²	6.640	0.9400	-0.4100	2.457	4.060	4.215
Free Cash Flow	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-
Dividend per Share ²	-	0.1000	-	0.2867	0.4100	0.4250
Announcement Date	4/27/22	4/26/23	4/26/24	-	-	-

¹CNY in Million²CNY

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2023 Q2	2023 Q3
Net sales ¹	537.1	516.3
EBITDA	-	-
EBIT	-	-
Operating Margin	-	-
Earnings before Tax (EBT)	-	-
Net income ¹	-	-69.87
Net margin	-	-13.53%
EPS ²	-	-0.3200
Dividend per Share	-	-
Announcement Date	10/26/23	10/27/23

¹CNY in Million²CNY

Estimates

Balance Sheet Analysis

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-
ROE (net income / shareholders' equity)	-	3.8%	-1.64%	9.26%	13.1%	12.3%
ROA (Net income/ Total Assets)	-	2.93%	-	5.58%	6.38%	6.49%
Assets ¹	-	7,005	-	9,564	12,017	14,133
Book Value Per Share ²	-	24.90	24.60	27.00	31.10	34.20
Cash Flow per Share ²	-	-0.6000	0.0500	1.580	3.320	3.180
Capex ¹	-	550	952	582	512	289
Capex / Sales	-	33.69%	56.51%	14.91%	7.25%	4.15%
Announcement Date	4/27/22	4/26/23	4/26/24	-	-	-

¹CNY in Million²CNY

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Jiangsu Haili Wind Power Equipment Technology Co., Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

51.29 CNY

Average target price

60 CNY

Spread / Average Target

+16.98%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Wind Systems & Equipment

	1st Jan change	Capi.
JIANGSU HAILI WIND POWER EQUIPMENT TECHNOLOGY CO., LTD.	-13.29%	1.54B
VESTAS WIND SYSTEMS A/S	-10.27%	27.83B
SUZLON ENERGY LIMITED	+2.09%	6.5B
SANY RENEWABLE ENERGY CO.,LTD.	-1.33%	4.67B
GOLDWIND SCIENCE AND TECHNOLOGY CO., LTD.	0.00%	4.19B
TITAN WIND ENERGY (SUZHOU) CO.,LTD	-6.12%	2.71B
INOX WIND LIMITED	+10.81%	2.12B
DAJIN HEAVY INDUSTRY CO.,LTD.	-16.45%	1.96B
CENTURY WIND POWER CO., LTD.	+53.27%	1.67B
CS WIND CORPORATION	-31.34%	1.46B

Wind Systems & Equipment