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Companies Energy 603568.SS
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603568.SS Shanghai Stock Exchange Renewable Energy Equipment & Services

603568.Ss

¥15,55
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Mcap
26,6B CNY
P/E
EV / Rev
Div yield
2,24 %
Op margin
41,5 %
ROE
14,8 %
Net margin
35,5 %
Debt / equity
0,55
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

603568.SS is a renewable energy equipment and services company that generates revenue primarily through the production and sale of renewable energy infrastructure and related services.

Business. 603568.SS is a renewable energy equipment and services company that generates revenue primarily through the production and sale of renewable energy infrastructure and related services.

Classification92 %
SectorEnergy
Business sectorRenewable Energy
IndustryRenewable Energy Equipment & Services
ActivityRenewable Energy
Generated · model-assisted
Sell-side consensus
BUY3 analysts
3 buy0 hold0 sell
Avg 12m price target30,09

Analyst recommendations

3 analysts · consensus Buy
Buy3
Hold0
Sell0
12-month price target
30,09
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
3 analysts · indicative
Ownership
not yet wired
Profitability
14,8 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 603568.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy · THIS SECTOR+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 603568.SS. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    603568.SS is a renewable energy equipment and services company that generates revenue primarily through the production and sale of renewable energy infrastructure and related services.

    Classification92 %
    SectorEnergy
    Business sectorRenewable Energy
    IndustryRenewable Energy Equipment & Services
    ActivityRenewable Energy
    AI synthesis
    GENERATED

    The company's capital structure is characterized by a debt-to-equity ratio of 0.55, indicating a moderate reliance on debt financing. Its liquidity position is assessed as medium, with a current ratio of 1.95, suggesting the company has sufficient short-term assets to cover its short-term liabilities. The company's price-to-book ratio is 1.77, and its price-to-tangible-book ratio is also 1.77, indicating that the market values the company's equity at a premium to its book value.

    In terms of profitability, the company's return on equity (ROE) is 14.77%, and its return on assets (ROA) is 7.34%, both of which are strong indicators of efficient use of equity and assets to generate profit. The company's gross profit margin is 50.85% (calculated as gross profit divided by revenue), and its operating margin is 41.51% (calculated as operating income divided by revenue), both of which are favorable compared to industry norms.

    The company's revenue is concentrated in the renewable energy equipment and services segment, with no disclosed geographic diversification in the provided data. The company's revenue concentration in a single segment may expose it to specific market risks, but the data does not provide information on geographic exposure.

    The company's growth trajectory is not explicitly detailed in the provided data, but the negative free cash flow of -5.74 million CNY and capital expenditure of -2.09 billion CNY suggest significant investment in the business. The company's operating cash flow of 3.22 billion CNY indicates strong cash generation from operations, which may support future growth initiatives.

    The company's risk assessment indicates a medium liquidity risk and a low dilution risk. The key flag of net cash being negative after subtracting total debt suggests that the company's cash reserves are insufficient to cover its long-term debt obligations. The company's dilution potential is low, and no adjustments have been applied to the valuation metrics.

    Recent events and filings are not detailed in the provided data, but the company's financial performance and analyst estimates suggest a positive outlook. The mean price target of 30.09 CNY and the mean recommendation of 1.33 indicate that analysts have a generally positive view of the company's future performance.

    Key takeaways
    • The company has a strong return on equity (14.77%) and return on assets (7.34%), indicating efficient use of equity and assets to generate profit.
    • The company's liquidity position is assessed as medium, with a current ratio of 1.95, suggesting the company has sufficient short-term assets to cover its short-term liabilities.
    • The company's debt-to-equity ratio is 0.55, indicating a moderate reliance on debt financing.
    • The company's price-to-book ratio is 1.77, and its price-to-tangible-book ratio is also 1.77, indicating that the market values the company's equity at a premium to its book value.
    • Analysts have a generally positive view of the company's future performance, with a mean price target of 30.09 CNY and a mean recommendation of 1.33.
    • margin_outlook_rationale: The company's gross profit margin is 50.85%, and its operating margin is 41.51%, both of which are favorable compared to industry norms.
    • rd_outlook_rationale: The provided data does not include specific information on research and development (R&D) activities or outlook.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    ¥15,55
    Market cap
    ¥26.59B
    Enterprise value
    ¥34.86B
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    10.8x
    P / B
    1.8x
    P / Tangible book
    1.8x
    Tangible book
    ¥14.99B
    Net cash
    -¥8.27B
    Current ratio
    1.9
    Debt / equity
    0.6
    ROA
    7.3%
    ROE
    14.8%
    Cash conversion
    146.0%
    CapEx / revenue
    -33.5%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    1,71
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    3
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-06 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate1,71
    Revenueno estimateno estimate10,1B CNY
    Operating incomeno estimateno estimate4,6B CNY
    Full-year consensus mean (period as reported by source) · consensus in CNY. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution3 analysts
    Strong buy2
    Buy1
    Hold0
    Sell0
    Strong sell0
    12-month price target¥30,09 · Median ¥30,09
    Low ¥28,20High ¥31,98
    Operating income · consensus4,6B CNY
    EPS surprise
    −23,8 %
    reported vs consensus · miss
    Revenue surprise
    −38,1 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low¥28,20
    Mean¥30,09
    Median¥30,09
    High¥31,98
    Spot¥15,55
    +93.5 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin41,5 %Best in class
    Net Margin35,5 %Best in class
    ROE14,8 %Above P75
    Capex / Rev-33,5 %Bottom quartile
    D/E0,55Below median
    Cash Conv1,46Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Ev To Operating Cash Flow
      enterprise_value / operating_cash_flow
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    Source documents
    • 603568.SS Market data — financials · 2026-05-27
    • Zhejiang Weiming Environment Protection Co Ltd Market data — analyst estimates · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    603568.SSCanonical
    Shanghai Stock Exchange · CNY

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage