Jiangsu New Energy Development Co., Ltd.

Shanghai Stock Exchange 603693.SS

Jiangsu New Energy Development Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2023: 7.36%

Jiangsu New Energy Development Co., Ltd. Return on Equity (ROE) is 7.36% for the year ending December 31, 2023, a -6.06% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Jiangsu New Energy Development Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2022 was 7.84%, a 43.77% change year over year.
Jiangsu New Energy Development Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2021 was 5.45%, a 65.01% change year over year.
Jiangsu New Energy Development Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2020 was 3.30%, a -40.25% change year over year.
Jiangsu New Energy Development Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2019 was 5.53%, a -21.59% change year over year.

Key data

Date	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio

Shanghai Stock Exchange: 603693.SS

Jiangsu New Energy Development Co., Ltd.

CEO	Mr. Hua Chen
IPO Date	July 18, 2018
Location	China
Headquarters	Guoxin Building
Employees	593
Sector	Utilities
Industries Renewables Wind Energy

Description

Jiangsu New Energy Development Co., Ltd. invests in, develops, and manages wind, solar, and biomass power plants. It also designs and manufactures offshore wind turbines and engineering equipment. The company was founded in 2002 and is based in Nanjing, China. Jiangsu New Energy Development Co., Ltd. is a subsidiary of Jiangsu Guoxin Investment Group Limited.

Key trends

Past 5 years