002060.SHE Guangdong No2 Hydropower Engineering Co Ltd
- Market cap
- CNY 11.6B
- P/E
- 14.0x
- P/B
- 0.82x
- ROE
- 2.4%
- Dividend yield
- 12.19%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002060.SHE undervalued?
Graham number002060.SHE trades 28.7% 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?
Guangdong No2 Hydropower Engineering Co Ltd fundamental analysis
No fundamental analysis for Guangdong No2 Hydropower Engineering Co Ltd yet.
Guangdong No2 Hydropower Engineering Co Ltd stock price
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About Guangdong No2 Hydropower Engineering Co Ltd
Guangdong Construction Engineering Group Co., Ltd. operates in the civil engineering and construction industry in China. The company engages in the water conservancy and hydropower facilities, municipal public works, highway projects, mechanical and electrical installation projects, foundation projects, and housing projects. It is also involved in the engineering construction business, such as construction projects, hydropower, wind power, solar energy, and other power gener…
Full company profileGuangdong No2 Hydropower Engineering Co Ltd 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.
Guangdong No2 Hydropower Engineering Co Ltd 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 | 6.32B | 6.63B | 8.31B | 11.1B | 12.6B | 14.4B | 82.6B | 80.9B | 68.3B | 68.9B | 49.9B |
| Gross Profit | 754M | 856M | 970M | 1.18B | 1.40B | 1.62B | 7.00B | 7.55B | 7.26B | 7.37B | 4.94B |
| Operating Income | 162M | 207M | 251M | 309M | 351M | 426M | 2.01B | 2.00B | 1.61B | 2.86B | 1.43B |
| EBITDA | 761M | 888M | 1.03B | 1.28B | 1.48B | 1.60B | 3.44B | 3.67B | 3.65B | 3.98B | 1.50B |
| Net Income | 135M | 158M | 201M | 234M | 264M | 328M | 1.71B | 1.53B | 1.17B | 1.11B | 346M |
| EPS | 0.11 | 0.13 | 0.17 | 0.19 | 0.22 | 0.27 | 1.42 | 0.43 | 0.31 | 0.30 | 0.09 |
| Balance Sheet | |||||||||||
| Total Assets | 15.7B | 17.5B | 20.3B | 26.0B | 29.5B | 31.7B | 40.4B | 133B | 142B | 149B | 144B |
| Total Liabilities | 12.9B | 14.6B | 17.1B | 22.6B | 25.6B | 27.6B | 36.2B | 119B | 127B | 133B | 129B |
| Shareholders' Equity | 2.74B | 2.87B | 3.04B | 3.23B | 3.67B | 3.93B | 3.94B | 13.0B | 13.8B | 14.4B | 14.2B |
| Cash & Short-term Investments | 1.63B | 1.19B | 1.22B | 2.58B | 2.88B | 2.86B | 4.09B | 21.4B | 22.6B | 17.9B | 14.8B |
| Total Debt | 7.44B | 9.29B | 10.2B | 12.3B | 13.9B | 16.6B | 21.2B | 32.3B | 32.0B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 534M | 152M | 822M | 3.12B | 971M | 847M | 2.20B | 2.37B | 3.56B | -3.46B | - |
| Capital Expenditure | 1.64B | 2.01B | 1.33B | 3.09B | 1.87B | 941M | 4.41B | 7.49B | 2.86B | 3.19B | 2.22B |
| Free Cash Flow | -1.11B | -1.86B | -510M | 31.6M | -903M | -93.6M | -2.21B | -5.13B | 700M | -6.65B | -4.92B |
| Ratios | |||||||||||
| ROE | 4.9% | 5.5% | 6.6% | 7.2% | 7.2% | 8.4% | 43.4% | 11.8% | 8.5% | 7.7% | 2.4% |
| ROA | 0.9% | 0.9% | 1.0% | 0.9% | 0.9% | 1.0% | 4.2% | 1.1% | 0.8% | 0.7% | 0.2% |
| Net Profit Margin | 2.1% | 2.4% | 2.4% | 2.1% | 2.1% | 2.3% | 2.1% | 1.9% | 1.7% | 1.6% | 0.7% |
| Debt to Equity | 2.72x | 3.24x | 3.35x | 3.81x | 3.78x | 4.22x | 5.39x | 2.48x | 2.33x | - | - |
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.
Guangdong No2 Hydropower Engineering Co Ltd dividends
- Dividend yield
- 12.19%
- Forward dividend
- 0.14 CNY
- Payout ratio
- 127.1%
- Ex-dividend date
- May 22, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 1.41B | 0.38 | 127.1% |
| 2024 | CNY 1.42B | 0.38 | 121.9% |
| 2023 | CNY 1.38B | 0.39 | 89.8% |
| 2022 | CNY 413M | 0.34 | 24.1% |
| 2021 | CNY 95.9M | 0.08 | 29.2% |
| 2020 | CNY 72.1M | 0.06 | 27.4% |
| 2019 | CNY 42.1M | 0.03 | 18.0% |
| 2018 | CNY 454M | 0.38 | 226.3% |
| 2017 | CNY 414M | 0.34 | 261.6% |
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 Jun 5, 2017.
Who owns Guangdong No2 Hydropower Engineering Co Ltd
- Insiders 71.37%
- Institutions 4.72%
- Public & others 23.92%
- Shares outstanding 3.75B
- Free float 1.11B
Guangdong No2 Hydropower Engineering Co Ltd company profile
- Company name
- Guangdong No2 Hydropower Engineering Co Ltd
- Ticker
- 002060.SHE
- ISIN
- CNE000001NC3
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Aug 11, 2006
- Sector
- Industrials
- Industry
- Construction & Engineering
- Employees
- 16,743
- Fiscal year end
- December
- Address
- No. 85 Liuhua Road, Guangzhou, China, 51 0013
- Phone
- 86 20 6177 6666
- Website
- gdcegs.com
About Guangdong No2 Hydropower Engineering Co Ltd
Guangdong Construction Engineering Group Co., Ltd. operates in the civil engineering and construction industry in China. The company engages in the water conservancy and hydropower facilities, municipal public works, highway projects, mechanical and electrical installation projects, foundation projects, and housing projects. It is also involved in the engineering construction business, such as construction projects, hydropower, wind power, solar energy, and other power generation businesses; steel structure fabrication and installation; architectural decoration and renovation; survey and design, construction, operation, and maintenance of supporting facilities; electricity and heat production and supply; and renewable energy. The company was formerly known as Guangdong No.2 Hydropower Engineering Company, Ltd. and changed its name to Guangdong Construction Engineering Group Co., Ltd. in February 2024. Guangdong Construction Engineering was incorporated in 2001 and is based in Guangzhou, China.
Guangdong No2 Hydropower Engineering Co Ltd management
10- Mr. Yan Hui XieGM, CFO & Director · born 1967
- Mr. Jian HuangChief Engineer · born 1972
- Mr. Guang Xi LinSecretary of the Board · born 1978
- Ms. Bao Zhen FengDeputy General Manager · born 1975
- Mr. Peng ChenDeputy General Manager · born 1970
- Mr. Guisheng WangDeputy General Manager · born 1975
- Mr. Zhiwen TangDeputy General Manager · born 1968
- Mr. Chuangxi FangDeputy General Manager · born 1969
- Mr. Yiwei GongDeputy General Manager · born 1979
- Li Xuan ZengHead of Accounting Organization & Accounting Supervisor