603693.SS
Price:
$11.82
Market Cap:
$10.54B
Jiangsu New Energy Development Co., Ltd. invests in, develops, and manages wind, solar, and biomass power plants. It also designs and manufactures offshore wind turbines and engineering equipment. The company was founded in 2002 and is based in Nanjing, China. Jiangsu New Energy Development Co., Ltd. is a subsidiary of Jiangsu Guoxin Investment Group Limited.
Industry
Renewable Utilities
IPO Date
2018-07-18
Stock Exchange
SHH
Ticker
603693.SS
According to Jiangsu New Energy Development Co., Ltd.’s latest financial reports and current stock price. The company's current ROE is 5.60%. This represents a change of 302.72% compared to the average of 1.39% of the last 4 quarters.
The mean historical ROE of Jiangsu New Energy Development Co., Ltd. over the last ten years is 6.69%. The current 5.60% ROE has changed -16.32% with respect to the historical average. Over the past ten years (40 quarters), 603693.SS's ROE was at its highest in in the March 2021 quarter at 4.15%. The ROE was at its lowest in in the December 2020 quarter at -4.23%.
Average
6.69%
Median
6.64%
Minimum
3.30%
Maximum
9.53%
Discovering the peaks and valleys of Jiangsu New Energy Development Co., Ltd. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 85.83%
Maximum Annual ROE = 9.53%
Minimum Annual Increase = -56.53%
Minimum Annual ROE = 3.30%
| Year | ROE | Change |
|---|---|---|
| 2024 | 6.22% | -15.48% |
| 2023 | 7.36% | -6.06% |
| 2022 | 7.84% | 43.77% |
| 2021 | 5.45% | 65.01% |
| 2020 | 3.30% | -40.25% |
| 2019 | 5.53% | -21.59% |
| 2018 | 7.05% | -25.84% |
| 2017 | 9.51% | -0.18% |
| 2016 | 9.53% | 85.83% |
| 2015 | 5.13% | -56.53% |
The current ROE of Jiangsu New Energy Development Co., Ltd. (603693.SS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
7.14%
5-year avg
6.04%
10-year avg
6.69%
Jiangsu New Energy Development Co., Ltd.’s ROE is less than Ningxia Jiaze Renewables Corporation Limited (9.40%), less than Zhongmin Energy Co., Ltd. (8.24%), less than Jinko Power Technology Co.,Ltd. (2.89%), less than Chongqing Three Gorges Water Conservancy and Electric Power Co., Ltd. (2.50%), less than Hengsheng Energy Co., Ltd (12.70%), less than Xinjiang Tianfu Energy Co., Ltd. (1.69%), less than Hangzhou Cogeneration Group Co., Ltd. (7.93%), less than Jiangxi Hongcheng Environment Co.,Ltd. (12.56%), less than Jinneng Holding Shanxi Electric Power Co.,LTD. (6.58%), less than Guangdong Baolihua New Energy Stock Co., Ltd. (7.53%),
| Company | ROE | Market cap |
|---|---|---|
| 9.40% | $11.38B | |
| 8.24% | $11.15B | |
| 2.89% | $13.60B | |
| 2.50% | $12.68B | |
| 12.70% | $9.23B | |
| 1.69% | $11.56B | |
| 7.93% | $8.05B | |
| 12.56% | $12.38B | |
| 6.58% | $8.77B | |
| 7.53% | $9.53B |
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