001299.SHE Shaanxi Meineng Clean Energy Corp. Ltd. A
- Market cap
- CNY 2.77B
- P/E
- 22.0x
- P/B
- 2.44x
- ROE
- 7.1%
- Dividend yield
- 6.60%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is 001299.SHE undervalued?
Graham number001299.SHE trades 54.4% 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?
Shaanxi Meineng Clean Energy Corp. Ltd. A fundamental analysis
No fundamental analysis for Shaanxi Meineng Clean Energy Corp. Ltd. A yet.
Shaanxi Meineng Clean Energy Corp. Ltd. A stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Shaanxi Meineng Clean Energy Corp. Ltd. A
Shaanxi Meineng Clean Energy Corp.,Ltd. operates as a urban gas operation service provider in the People's Republic of China. The company engages in transmission, distribution and operation of urban gas; sale and service of natural gas terminals; installation of natural gas user facilities and equipment; and relocation and dismantling, gas appliance sales, distributed heating, energy-saving renovation, and integrated energy services. The company was founded in 2008 and is ba…
Full company profileShaanxi Meineng Clean Energy Corp. Ltd. A financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 2 quarters up to Jun 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Shaanxi Meineng Clean Energy Corp. Ltd. A annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 456M | 463M | 480M | 550M | 576M | 665M | 734M | 711M |
| Gross Profit | 118M | 133M | 130M | 125M | 110M | 125M | 156M | 138M |
| Operating Income | 85.5M | 103M | 92.9M | 82.7M | 63.6M | 72.1M | 96.7M | 77.1M |
| EBITDA | 121M | 123M | 142M | 137M | 122M | 129M | 129M | 96.9M |
| Net Income | 86.9M | 96.1M | 101M | 94.2M | 81.8M | 87.3M | 103M | 79.9M |
| EPS | 0.62 | 0.68 | 0.55 | 0.30 | 0.26 | 0.28 | 0.33 | 0.25 |
| Balance Sheet | ||||||||
| Total Assets | 794M | 910M | 1.02B | 1.62B | 1.75B | 1.77B | 1.72B | 1.59B |
| Total Liabilities | 314M | 332M | 342M | 390M | 441M | 467M | 508M | 453M |
| Shareholders' Equity | 480M | 578M | 677M | 1.23B | 1.31B | 1.30B | 1.21B | 1.12B |
| Cash & Short-term Investments | 50.1M | 82.3M | 127M | 745M | 930M | 346M | 164M | 153M |
| Cash Flow | ||||||||
| Operating Cash Flow | 116M | 126M | 112M | 138M | 91.7M | 99.8M | 89.1M | - |
| Capital Expenditure | 41.2M | 42.3M | 39.0M | 27.5M | 34.4M | 73.9M | 123M | 161M |
| Free Cash Flow | 74.6M | 84.1M | 73.2M | 111M | 57.3M | 25.9M | -36.5M | -71.3M |
| Ratios | ||||||||
| ROE | 18.1% | 16.6% | 15.0% | 7.7% | 6.2% | 6.7% | 8.5% | 7.1% |
| ROA | 10.9% | 10.6% | 9.9% | 5.8% | 4.7% | 4.9% | 6.0% | 5.0% |
| Net Profit Margin | 19.1% | 20.7% | 21.2% | 17.1% | 14.2% | 13.1% | 14.1% | 11.2% |
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.
- 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.
Shaanxi Meineng Clean Energy Corp. Ltd. A dividends
- Dividend yield
- 6.60%
- Forward dividend
- 0.62 CNY
- Payout ratio
- 176.5%
- Ex-dividend date
- Apr 29, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 183M | 0.58 | 176.5% |
| 2024 | CNY 56.0M | 0.18 | 64.2% |
| 2023 | - | - | - |
| 2022 | - | - | - |
| 2021 | - | - | - |
| 2020 | CNY 5.06M | 0.04 | 5.3% |
| 2019 | CNY 59.1M | 0.42 | 68.0% |
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: 1.3:1 on Apr 29, 2026.
Who owns Shaanxi Meineng Clean Energy Corp. Ltd. A
- Insiders 74.28%
- Institutions 0.18%
- Public & others 25.54%
- Shares outstanding 314M
- Free float 76.2M
Shaanxi Meineng Clean Energy Corp. Ltd. A company profile
- Company name
- Shaanxi Meineng Clean Energy Corp. Ltd. A
- Ticker
- 001299.SHE
- Exchange
- Shenzhen Stock Exchange
- Sector
- Utilities
- Industry
- Gas Utilities
- Employees
- 428
- Fiscal year end
- December
- Address
- Building A, Daming Palace Wanda Plaza, Xi'an, China, 710016
- Phone
- 86 29 8327 9758
- Website
- meinenggas.com
About Shaanxi Meineng Clean Energy Corp. Ltd. A
Shaanxi Meineng Clean Energy Corp.,Ltd. operates as a urban gas operation service provider in the People's Republic of China. The company engages in transmission, distribution and operation of urban gas; sale and service of natural gas terminals; installation of natural gas user facilities and equipment; and relocation and dismantling, gas appliance sales, distributed heating, energy-saving renovation, and integrated energy services. The company was founded in 2008 and is based in Xi'an, the People's Republic of China.
Shaanxi Meineng Clean Energy Corp. Ltd. A management
6- Mr. Lifeng YangPresident & Director · born 1970
- Ms. Lan WuChief Financial Officer · born 1986
- Mr. Wei YanVP & Director · born 1977
- Mr. Lin LiSenior VP & Director · born 1970
- Mr. Long ChenBoard Secretary · born 1988
- Wen Zhe HuangAccounting Supervisor