Shandong Hi-Speed New Energy Group Limited

HKSE 1250.HK

Shandong Hi-Speed New Energy Group Limited Gross Profit Margin for the year ending December 31, 2023: 48.58%

Shandong Hi-Speed New Energy Group Limited Gross Profit Margin is 48.58% for the year ending December 31, 2023, a 0.48% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Shandong Hi-Speed New Energy Group Limited Gross Profit Margin for the year ending December 31, 2022 was 48.35%, a 13.02% change year over year.
Shandong Hi-Speed New Energy Group Limited Gross Profit Margin for the year ending December 31, 2021 was 42.78%, a -10.82% change year over year.
Shandong Hi-Speed New Energy Group Limited Gross Profit Margin for the year ending December 31, 2020 was 47.96%, a 4.90% change year over year.
Shandong Hi-Speed New Energy Group Limited Gross Profit Margin for the year ending December 31, 2019 was 45.72%, a 9.21% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

HKSE: 1250.HK

Shandong Hi-Speed New Energy Group Limited

CEO	Mr. Zaixing Tan
IPO Date	July 5, 2013
Location	Hong Kong
Headquarters	Central Plaza
Employees	2,051
Sector	Utilities
Industries Renewables Hydro Energy Solar Energy Utilities Wind Energy

Description

Shandong Hi-Speed New Energy Group Limited engages in the investment, development, construction, operation, and management of photovoltaic power business in Mainland China. The company develops and constructs distributed photovoltaic power stations; and provides engineering, procurement, construction, and technical consultancy services for photovoltaic and wind power-related projects, and clean heat supply services, which include the production of heat through natural gas, electricity, geothermal energy, biomass energy, photovoltaic power, industrial excess heat energy, clean coal energy, river water source, etc., as well as trades in equipment related to photovoltaic power business. It also engages in the infrastructure development and operation of wind power plants and clean energy projects, as well as in the property investment business. The company was formerly known as Beijing Enterprises Clean Energy Group Limited and changed its name to Shandong Hi-Speed New Energy Group Limited in July 2022. Shandong Hi-Speed New Energy Group Limited was founded in 2000 and is headquartered in Wanchai, Hong Kong.

Key trends

Past 5 years