Baoding Tianwei Baobian Electric Co Ltd

Baoding Tianwei Baobian Electric Co Ltd maintains a capital structure characterized by high leverage and tight liquidity. The company reports total liabilities of 7.42 billion CNY against total equity of 836.14 million CNY, resulting in a debt-to-equity ratio of 3.06. Long-term debt stands at 2.56 billion CNY. The current ratio is 1.08, indicating minimal short-term liquidity buffer. Operating cash flow is 215.73 million CNY, while free cash flow is 167.67 million CNY after capital expenditures of 112.14 million CNY. The risk assessment flags medium liquidity risk and notes that net cash is negative after subtracting total debt.

Profitability metrics show a return on equity (ROE) of 23.56% and a return on assets (ROA) of 2.38%. The company generated net income of 197.02 million CNY on revenue of 5.71 billion CNY. Operating income was 230.01 million CNY, and gross profit was 817.54 million CNY. The valuation snapshot indicates a price-to-earnings ratio of 101.79 and a price-to-book ratio of 23.98. The EV/EBITDA is 98.31, and EV/Revenue is 3.96. These multiples suggest the market is pricing in significant future growth or asset revaluation, given the high leverage and modest absolute profit levels relative to the market cap of 20.05 billion CNY.

Segment and geographic data are not provided in the available source documents. The company’s activity is broadly classified as Electric Utilities, with sector classification industry codes pointing to Electrical Equipment. Without specific segment breakdowns, revenue concentration risks cannot be quantified from the current data. The company’s primary revenue driver is inferred to be its core utility and electrical equipment operations.

Growth trajectory analysis is limited by the absence of historical period data in the input. The latest financial snapshot shows revenue of 5.71 billion CNY. An IR observation notes an analyst estimate for last actual revenue of 4.37 billion CNY, which may indicate a discrepancy in reporting periods or a significant year-over-year increase if the snapshot represents a more recent or annualized figure. Without a 5-year annual or 8-quarter quarterly history, trend reasoning cannot be performed.

Risk factors include medium liquidity risk and low dilution risk. The key flag highlights negative net cash after debt subtraction. The high debt-to-equity ratio of 3.06 amplifies financial risk, particularly in a rising interest rate environment. The current ratio of 1.08 suggests the company relies on efficient working capital management to meet short-term obligations. Dilution risk is assessed as low, with basic and diluted shares outstanding both at 1.84 billion.

Recent events are sparse in the provided data. The IR observations cite an analyst estimate for revenue, but no specific filing, news, or transcript observations are available. Competitor context lists Duke Energy, NextEra Energy, and Southern Company, but no comparative metrics are provided. The classification source is rule-based with 0.62 confidence, indicating potential ambiguity in the company’s precise industry placement between Utilities and Industrials.