China Resources New Energy Holdings Company Limited

001248 · SHE · Utilities / Utilities - Renewable

10.46CNY-0.12 (-1.13%)

Price History

Full chart

Market Stats

Previous Close10.58

Open10.59

Day Range10.43 – 10.62

52-Week Range10.28 – 30.16

Volume20.80M

Market Cap143.47B

P/E (TTM)28.34

Forward P/E0.00

EPS0.38

Dividend Yield0.00%

50-Day Avg11.44

200-Day Avg12.56

About

China Resources New Energy Holdings Company Limited engages in investing, developing, operating, and managing wind and solar power plants in China. Its wind power installed capacity is 27.63 million kilowatts; and photovoltaic power capacity is 13.96 million kilowatts. China Resources New Energy Holdings Company Limited was founded in 2010 and is based in Shenzhen, China. The company operates as a subsidiary of China Resources Power Holdings Company Limited.

Company Details

SectorUtilities
IndustryUtilities - Renewable
CEOMr. Baofeng Shi
Employees5.85K
HeadquartersChina Resources Land Tower, Shenzhen, China, 518052, China
Websitehttps://www.cr-newenergy.com

Leadership

Mr. Baofeng ShiExecutive Chairman of the Board · b. 1971
Mr. Xue Qun ZuoGM & Director · b. 1968
Ms. Qian Ying LiuDeputy GM, CFO & Secretary of the Board · b. 1981
Mr. Bo ZhouDeputy General Manager · b. 1977

Financials

Income Statement

Currency: CNY	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	18.20B	20.51B	22.87B	22.91B
Growth (%)	-	+12.72%	+11.51%	+0.15%
Cost of Revenue	7.10B	8.05B	9.98B	11.72B
Gross Profit	11.09B	12.46B	12.89B	11.19B
Gross Margin	60.97%	60.75%	56.35%	48.84%
Operating Expense	719.68M	981.58M	1.13B	1.01B
Operating Income	10.37B	11.48B	11.76B	10.17B
Operating Margin	57.01%	55.97%	51.43%	44.41%
EBITDA	20.32B	24.05B	25.15B	20.99B
EBITDA Margin	111.69%	117.25%	109.95%	91.62%
Net Income	6.30B	8.28B	7.95B	6.10B
Net Income Margin	34.60%	40.37%	34.77%	26.63%
R&D	27.14M	32.78M	82.70M	105.18M
R&D as % of Total Revenue	0.15%	0.16%	0.36%	0.46%
Interest Expense	7.37B	7.79B	7.41B	3.81B
Interest Expense % of Total Revenue	40.48%	37.97%	32.41%	16.62%

Balance Sheet

Currency: CNY	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	138.91B	173.83B	205.48B	235.26B
Total Liabilities	68.82B	95.25B	118.15B	141.11B
Total Equity	68.87B	76.74B	84.80B	90.96B
Cash	4.76B	3.79B	1.95B	4.85B
Net Debt	34.29B	55.40B	76.60B	94.32B

Cash Flow

Currency: CNY	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	16.31B	13.72B	15.72B	20.01B
Capital Expenditure	24.29B	26.89B	34.57B	34.35B
Free Cash Flow	-7.98B	-13.17B	-18.85B	-14.35B
Dividends Paid	3.81B	1.59B	2.14B	2.35B
FCF to OCF	-48.94%	-95.98%	-119.92%	-71.71%
Dividend Paid to FCF	-47.76%	-12.11%	-11.37%	-16.38%

Earnings

Report Date	Sep 30, 2026
EPS Estimate	-
EPS Actual	0.10
Surprise	-
Timing	-

Key Statistics & Ratios

Market Cap143.47B

Enterprise Value231.88B

Trailing P/E28.34

Forward P/E0.00

Price / Sales6.37

Price / Book1.20

EPS0.38

Book Value8.35

Revenue (TTM)22.53B

Gross Profit (TTM)9.72B

EBITDA18.09B

Profit Margin20.92%

Operating Margin42.35%

Return on Equity0.00%

Return on Assets0.00%

Shares Outstanding13.32B

Shares Float2.11B

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%