000600.SHE Jointo Energy Investment Co Ltd Hebei
- Market cap
- CNY 12.6B
- P/E
- 11.5x
- P/B
- 0.85x
- ROE
- 6.3%
- Dividend yield
- 6.23%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 000600.SHE undervalued?
Graham number000600.SHE trades 34.4% below its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Jointo Energy Investment Co Ltd Hebei fundamental analysis
No fundamental analysis for Jointo Energy Investment Co Ltd Hebei yet.
Jointo Energy Investment Co Ltd Hebei stock price
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About Jointo Energy Investment Co Ltd Hebei
HCIG Energy Investment Co., Ltd. invests in, constructs, operates, and manages energy projects based on electricity production in the People's Republic of China. It focuses on coal-fired thermal power generation and heating, as well as nuclear, wind, and hydro power. The company controls and operates installed capacity was 12,476.5 MW, of which thermal power installed capacity 11.77 million kilowatts; and photovoltaic power generation capacity of 706,500 kilowatts. The compa…
Full company profileJointo Energy Investment Co Ltd Hebei financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Jointo Energy Investment Co Ltd Hebei annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 9.45B | 10.6B | 14.0B | 14.0B | 15.4B | 15.0B | 18.3B | 19.6B | 23.5B | 22.8B | 20.0B |
| Gross Profit | 2.81B | 1.38B | 2.02B | 2.23B | 2.86B | -1.01B | 1.90B | 2.33B | 3.60B | 6.07B | 4.12B |
| Operating Income | 2.45B | 432M | 887M | 1.13B | 1.58B | -3.36B | 125M | 217M | 816M | 3.46B | 1.70B |
| EBITDA | 4.05B | 2.21B | 2.94B | 3.24B | 4.01B | -1.04B | 2.28B | 2.43B | 3.43B | 5.89B | 2.07B |
| Net Income | 1.45B | 168M | 432M | 640M | 958M | -2.21B | 106M | 189M | 531M | 1.88B | 934M |
| EPS | 0.81 | 0.09 | 0.24 | 0.36 | 0.54 | -1.23 | 0.06 | 0.11 | 0.30 | 1.04 | 0.46 |
| Balance Sheet | |||||||||||
| Total Assets | 29.3B | 31.2B | 31.9B | 32.4B | 35.9B | 38.5B | 36.6B | 43.1B | 47.1B | 50.9B | 55.2B |
| Total Liabilities | 16.0B | 18.2B | 18.4B | 18.5B | 20.4B | 26.4B | 24.2B | 29.5B | 29.6B | 30.1B | 32.6B |
| Shareholders' Equity | 11.2B | 10.7B | 11.0B | 11.5B | 12.5B | 9.59B | 9.77B | 10.4B | 10.4B | 12.9B | 14.9B |
| Cash & Short-term Investments | 1.82B | 1.74B | 1.88B | 1.97B | 2.02B | 3.68B | 1.27B | 1.59B | 2.08B | 3.23B | 4.11B |
| Total Debt | 9.20B | 10.9B | 12.0B | 11.3B | 13.7B | 19.7B | 17.3B | 20.9B | 21.0B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 2.85B | 1.26B | 2.57B | 2.48B | 2.85B | 148M | 1.91B | 2.15B | 3.77B | 5.42B | - |
| Capital Expenditure | 2.40B | 1.83B | 1.87B | 1.48B | 1.04B | 1.53B | 1.47B | 3.02B | 3.27B | 4.27B | 5.83B |
| Free Cash Flow | 451M | -572M | 691M | 1.01B | 1.60B | -1.38B | 444M | -871M | 498M | 1.15B | -2.88B |
| Ratios | |||||||||||
| ROE | 12.9% | 1.6% | 3.9% | 5.6% | 7.6% | -23.0% | 1.1% | 1.8% | 5.1% | 14.6% | 6.3% |
| ROA | 5.0% | 0.5% | 1.4% | 2.0% | 2.7% | -5.7% | 0.3% | 0.4% | 1.1% | 3.7% | 1.7% |
| Net Profit Margin | 15.4% | 1.6% | 3.1% | 4.6% | 6.2% | -14.7% | 0.6% | 1.0% | 2.3% | 8.2% | 4.7% |
| Debt to Equity | 0.82x | 1.02x | 1.10x | 0.99x | 1.10x | 2.05x | 1.77x | 2.01x | 2.01x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Jointo Energy Investment Co Ltd Hebei dividends
- Dividend yield
- 6.23%
- Forward dividend
- 0.32 CNY
- Payout ratio
- 41.7%
- Ex-dividend date
- Jun 3, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 784M | 0.43 | 41.7% |
| 2024 | CNY 892M | 0.50 | 168.0% |
| 2023 | CNY 747M | 0.42 | 395.8% |
| 2022 | CNY 777M | 0.43 | 729.8% |
| 2021 | CNY 305M | 0.17 | - |
| 2020 | CNY 829M | 0.46 | 86.6% |
| 2019 | CNY 827M | 0.46 | 129.3% |
| 2018 | CNY 781M | 0.44 | 180.9% |
| 2017 | CNY 1.19B | 0.67 | 708.7% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 1.1:1 on Oct 22, 2008.
Who owns Jointo Energy Investment Co Ltd Hebei
- Insiders 58.47%
- Institutions 2.13%
- Public & others 39.41%
- Shares outstanding 2.03B
- Free float 677M
Jointo Energy Investment Co Ltd Hebei company profile
- Company name
- Jointo Energy Investment Co Ltd Hebei
- Ticker
- 000600.SHE
- ISIN
- CNE000000FT5
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Jun 6, 1996
- Sector
- Utilities
- Industry
- Independent Power and Renewable Electricity Producers
- Employees
- 5,879
- Fiscal year end
- December
- Address
- No. 9 Yuhua West Road, Shijiazhuang, China, 050051
- Phone
- 86 311 8551 8633
- Website
- jei.com.cn
About Jointo Energy Investment Co Ltd Hebei
HCIG Energy Investment Co., Ltd. invests in, constructs, operates, and manages energy projects based on electricity production in the People's Republic of China. It focuses on coal-fired thermal power generation and heating, as well as nuclear, wind, and hydro power. The company controls and operates installed capacity was 12,476.5 MW, of which thermal power installed capacity 11.77 million kilowatts; and photovoltaic power generation capacity of 706,500 kilowatts. The company was formerly known as Jointo Energy Investment Co., Ltd. Hebei and changed its name to HCIG Energy Investment Co., Ltd. in November 2025. The company was founded in 1994 and is headquartered in Shijiazhuang, the People's Republic of China. HCIG Energy Investment Co., Ltd. operates as a subsidiary of Hebei Construction & Investment Group Co.,Ltd.
Jointo Energy Investment Co Ltd Hebei management
6- Mr. Jianfeng WangGM & Vice Chairman · born 1968
- Ms. Zhen ZhangFinancial Manager & Accounting Supervisor · born 1979
- Mr. Yuan SunDeputy GM & Secretary of the Board · born 1968
- Mr. Zhu HaitaoDeputy General Manager · born 1972
- Mr. Zhiyong ZhangDeputy General Manager · born 1973
- Mr. Yongliang JinDeputy General Manager · born 1971