000958.SHE SPIC Dongfang New Energy Corp
- Market cap
- CNY 87.7B
- P/E
- 17.4x
- P/B
- 1.81x
- ROE
- 7.0%
- Dividend yield
- 3.31%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 000958.SHE undervalued?
Graham number000958.SHE trades 18.5% above 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?
SPIC Dongfang New Energy Corp fundamental analysis
No fundamental analysis for SPIC Dongfang New Energy Corp yet.
SPIC Dongfang New Energy Corp stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About SPIC Dongfang New Energy Corp
SPIC Industry-Finance Holdings Co., Ltd. engages in the energy and financial businesses in China. The company operates through Nuclear Power, Non-Nuclear Energy, and Financial segments. Its Nuclear Power segment engages in nuclear power business, nuclear power technical services, and other related activities. The Non-Nuclear Energy segment engages in power generation, heating, and electricity services. Its Financial segment engages in financial businesses such as trust, insu…
Full company profileSPIC Dongfang New Energy Corp 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.
SPIC Dongfang New Energy Corp 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 | 2.50B | 2.64B | 12.2B | 11.5B | 13.4B | 8.87B | 6.11B | 6.08B | 5.74B | 12.5B | 9.83B |
| Gross Profit | 525M | 302M | 3.99B | 3.56B | 4.10B | 3.20B | 2.43B | 2.28B | 2.54B | 4.60B | 2.63B |
| Operating Income | 381M | 115M | 3.15B | 3.13B | 3.53B | 2.80B | 1.94B | 1.92B | 1.64B | 3.46B | 2.42B |
| EBITDA | 729M | 557M | 3.98B | 3.94B | 4.50B | 3.98B | 3.38B | 3.20B | 2.92B | 9.30B | 5.14B |
| Net Income | 284M | 107M | 893M | 1.33B | 1.27B | 1.31B | 1.00B | 1.27B | 1.04B | 3.29B | 3.55B |
| EPS | 0.25 | 0.10 | 0.17 | 0.25 | 0.24 | 0.24 | 0.19 | 0.24 | 0.19 | 0.61 | 0.19 |
| Balance Sheet | |||||||||||
| Total Assets | 5.42B | 8.43B | 75.0B | 79.6B | 91.7B | 47.3B | 46.2B | 45.8B | 47.8B | 139B | 152B |
| Total Liabilities | 2.78B | 5.50B | 46.3B | 48.9B | 58.3B | 21.9B | 18.2B | 16.8B | 18.0B | 84.0B | 90.8B |
| Shareholders' Equity | 2.65B | 2.79B | 15.1B | 15.3B | 16.6B | 17.6B | 18.5B | 19.3B | 20.0B | 44.2B | 50.5B |
| Cash & Short-term Investments | 315M | 377M | 23.2B | 22.2B | 26.8B | 17.2B | 19.7B | 18.9B | 20.7B | 3.93B | 10.9B |
| Total Debt | 1.06B | 2.58B | 4.53B | 5.05B | 9.34B | 10.6B | 10.6B | 9.79B | 6.82B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 460M | 457M | 2.67B | -2.24B | 1.07B | -4.86B | 3.65B | 89.8M | 2.34B | 3.54B | - |
| Capital Expenditure | 443M | 1.73B | 2.01B | 2.52B | 2.39B | 1.58B | 573M | 581M | 523M | 12.6B | 11.2B |
| Free Cash Flow | 31.1M | -1.32B | -1.42B | -4.76B | -1.32B | -6.44B | 3.08B | -491M | 1.82B | -9.06B | -6.27B |
| Ratios | |||||||||||
| ROE | 10.7% | 3.8% | 5.9% | 8.7% | 7.7% | 7.4% | 5.4% | 6.6% | 5.2% | 7.5% | 7.0% |
| ROA | 5.2% | 1.3% | 1.2% | 1.7% | 1.4% | 2.8% | 2.2% | 2.8% | 2.2% | 2.4% | 2.3% |
| Net Profit Margin | 11.3% | 4.1% | 7.3% | 11.6% | 9.5% | 14.7% | 16.4% | 20.9% | 18.2% | 26.4% | 36.2% |
| Debt to Equity | 0.40x | 0.93x | 0.30x | 0.33x | 0.56x | 0.60x | 0.57x | 0.51x | 0.34x | - | - |
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.
SPIC Dongfang New Energy Corp dividends
- Dividend yield
- 3.31%
- Forward dividend
- 0.11 CNY
- Payout ratio
- 88.1%
- Ex-dividend date
- Oct 30, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 2.90B | 0.54 | 88.1% |
| 2024 | CNY 810M | 0.15 | 77.6% |
| 2023 | CNY 729M | 0.14 | 57.4% |
| 2022 | CNY 920M | 0.17 | 91.9% |
| 2021 | CNY 845M | 0.16 | 64.7% |
| 2020 | CNY 1.51B | 0.28 | 119.0% |
| 2019 | CNY 440M | 0.08 | 33.0% |
| 2018 | CNY 549M | 0.10 | 61.5% |
| 2017 | CNY 225M | 0.21 | 209.7% |
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: 20:10 on May 17, 2017.
Who owns SPIC Dongfang New Energy Corp
- Insiders 89.45%
- Institutions 1.29%
- Public & others 9.26%
- Shares outstanding 17.4B
- Free float 6.42B
SPIC Dongfang New Energy Corp company profile
- Company name
- SPIC Dongfang New Energy Corp
- Ticker
- 000958.SHE
- ISIN
- CNE000001154
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Sep 13, 1999
- Sector
- Utilities
- Industry
- Multi-Utilities
- Employees
- 4,083
- Fiscal year end
- December
- Address
- No. 15, Gangcheng East Street, Yantai, China, 264000
- Phone
- 86 10 8662 5908
- Website
- spicifh.spic.com.cn
About SPIC Dongfang New Energy Corp
SPIC Industry-Finance Holdings Co., Ltd. engages in the energy and financial businesses in China. The company operates through Nuclear Power, Non-Nuclear Energy, and Financial segments. Its Nuclear Power segment engages in nuclear power business, nuclear power technical services, and other related activities. The Non-Nuclear Energy segment engages in power generation, heating, and electricity services. Its Financial segment engages in financial businesses such as trust, insurance brokerage, futures brokerage, and asset management. The company was formerly known as SPIC Dongfang Energy Corporation and changed its name to SPIC Industry-Finance Holdings Co., Ltd. in May 2022. The company was founded in 1998 and is based in Yantai, China.
SPIC Dongfang New Energy Corp management
2- Mr. Wangtian LiuBoard Secretary · born 1975
- Mr. Xianhua HeDeputy General Manager · born 1979