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SPIC Green Energy Co 000875.SZ · CNY

Utilities · Shenzhen · 🇨🇳 China

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4.23

-1.86%

Close of 9 Nov 2026, in CNY

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CNY, from our data supplier.

FY2024

Revenue

CN¥13.74bn

FY2015FY2024

Net income

CN¥1.10bn

FY2015FY2024

Free cash flow

−CN¥1.42bn

FY2015FY2024

Shareholders' equity

CN¥16.76bn

FY2015FY2024

Income statement

Fiscal years

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
RevenueCN¥13.74bnCN¥14.44bnCN¥14.95bnCN¥13.25bnCN¥10.06bnCN¥8.55bnCN¥7.30bnCN¥5.10bnCN¥4.40bnCN¥4.30bn
Gross profitCN¥3.70bnCN¥3.72bnCN¥3.58bnCN¥2.86bnCN¥2.29bnCN¥1.95bnCN¥1.38bnCN¥561.5mCN¥885.4mCN¥900.0m
Research and developmentCN¥64.8mCN¥78.8mCN¥62.1mCN¥61.7mCN¥19.5mCN¥18.7mCN¥975,094CN¥975,094CN¥1.5mCN¥893,700
Operating incomeCN¥3.27bnCN¥3.34bnCN¥1.45bnCN¥978.9mCN¥2.21bnCN¥1.70bnCN¥1.42bn−CN¥295.2mCN¥731.8mCN¥22.5m
Net incomeCN¥1.10bnCN¥908.4mCN¥674.6mCN¥500.0mCN¥478.1mCN¥174.0mCN¥114.6m−CN¥339.5mCN¥13.0mCN¥117.8m
Diluted earnings per share0.340.340.230.180.210.080.05-0.180.010.08

Balance sheet

At each fiscal year end

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Total assetsCN¥82.96bnCN¥76.75bnCN¥71.71bnCN¥66.83bnCN¥56.58bnCN¥42.79bnCN¥39.67bnCN¥35.18bnCN¥30.07bnCN¥22.87bn
Cash and short-term investmentsCN¥860.6mCN¥1.10bnCN¥1.35bnCN¥931.8mCN¥500.8mCN¥848.8mCN¥1.03bnCN¥1.04bnCN¥1.71bnCN¥862.4m
Total liabilitiesCN¥58.06bnCN¥57.02bnCN¥51.77bnCN¥52.47bnCN¥45.28bnCN¥31.96bnCN¥29.41bnCN¥26.71bnCN¥21.47bnCN¥18.12bn
DebtCN¥38.17bnCN¥43.80bnCN¥38.71bnCN¥37.54bnCN¥32.62bnCN¥24.80bnCN¥19.00bnCN¥16.22bnCN¥13.61bnCN¥13.64bn
Shareholders' equityCN¥16.76bnCN¥11.80bnCN¥11.18bnCN¥10.51bnCN¥7.81bnCN¥7.57bnCN¥7.30bnCN¥7.32bnCN¥7.64bnCN¥3.85bn
Shares outstanding3,200m2,641m2,874m2,802m2,253m2,258m2,137m1,938m1,340m1,435m

Cash flow

Fiscal years

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Cash from operationsCN¥5.47bnCN¥5.45bnCN¥7.33bnCN¥3.44bnCN¥3.34bnCN¥2.69bnCN¥2.37bnCN¥1.38bnCN¥1.46bnCN¥1.58bn
Capital spending−CN¥6.89bn−CN¥6.79bn−CN¥6.69bn−CN¥7.08bn−CN¥10.57bn−CN¥3.82bn−CN¥4.37bn−CN¥3.38bn−CN¥4.14bn−CN¥2.90bn
Free cash flow−CN¥1.42bn−CN¥1.34bnCN¥636.2m−CN¥3.64bn−CN¥7.24bn−CN¥1.13bn−CN¥2.00bn−CN¥2.00bn−CN¥2.68bn−CN¥1.31bn
Dividends paid−CN¥1.67bn−CN¥306.9m−CN¥1.81bn−CN¥1.53bn−CN¥1.25bn−CN¥1.45bn−CN¥1.06bn−CN¥724.2m−CN¥763.6m−CN¥768.9m

Latest quarters

By quarter end

Jun 2026Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024Jun 2024Mar 2024
RevenueCN¥2.90bnCN¥3.15bnCN¥2.81bnCN¥3.76bnCN¥3.57bnCN¥3.28bnCN¥3.07bnCN¥3.81bn
Gross profitCN¥707.7mCN¥647.7mCN¥772.1mCN¥1.25bnCN¥477.6mCN¥892.0mCN¥1.11bnCN¥1.22bn
Operating incomeCN¥644.0mCN¥302.4mCN¥697.6mCN¥1.21bn−CN¥269.4mCN¥885.0mCN¥1.10bnCN¥1.19bn
Net incomeCN¥130.3mCN¥57.1mCN¥102.3mCN¥623.2m−CN¥314.3mCN¥318.9mCN¥476.0mCN¥618.6m
Diluted earnings per share0.040.020.030.17-0.100.100.150.19
Cash from operations—CN¥2.76bnCN¥1.46bnCN¥944.0mCN¥1.52bnCN¥1.91bnCN¥1.41bnCN¥636.0m
Capital spending−CN¥616.0m−CN¥1.17bn−CN¥1.61bn−CN¥1.44bn−CN¥2.56bn−CN¥1.52bn−CN¥1.69bn−CN¥1.12bn
Free cash flow—CN¥1.59bn−CN¥143.0m−CN¥499.0m−CN¥1.04bnCN¥388.0m−CN¥283.0m−CN¥486.0m
Total assetsCN¥89.32bnCN¥87.85bnCN¥88.28bnCN¥87.32bnCN¥82.96bnCN¥81.05bnCN¥79.73bnCN¥77.84bn
Cash and short-term investments—CN¥2.82bnCN¥2.72bnCN¥3.39bnCN¥860.6mCN¥1.55bnCN¥1.40bnCN¥854.1m
DebtCN¥28.43bnCN¥12.27bnCN¥41.87bnCN¥39.89bnCN¥37.01bnCN¥44.48bnCN¥45.76bnCN¥44.71bn
Shareholders' equityCN¥17.66bnCN¥17.46bnCN¥17.48bnCN¥17.41bnCN¥16.76bnCN¥12.94bnCN¥12.94bnCN¥12.45bn

Financial ratios

Data as of 24 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Gross margin—26.9%25.8%23.9%21.6%22.8%22.9%
Operating margin—23.8%23.1%9.7%7.4%22.0%19.9%
Net margin—8.0%6.3%4.5%3.8%4.8%2.0%
Return on equity—6.6%7.7%6.0%4.8%6.1%2.3%
Return on assets—1.3%1.2%0.9%0.7%0.8%0.4%
Free cash flow yield—83.5%100.0%105.4%81.1%133.4%62.2%
Revenue growth—-4.9%-3.4%12.8%31.7%17.6%17.1%
Earnings growth—21.0%34.7%34.9%4.6%174.8%51.8%
Current ratio—0.54x0.63x0.68x0.56x0.52x0.56x
Debt to equity—2.21x3.63x3.40x3.51x4.12x3.56x
Equity ratio—20.2%15.4%15.6%15.7%13.8%17.7%
Interest coverage—2.24x2.24x0.79x0.58x1.66x1.27x
R&D as a share of sales—0.5%0.5%0.4%0.5%0.2%0.2%
Buybacks as a share of market value-13.2%-21.2%8.1%-2.6%-24.4%0.3%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue1.2%9.9%11.2%
Operating income49.4%13.9%56.9%
Net income30.0%44.6%30.8%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin26.3%24.6%24.1%22.7%
Operating margin23.4%16.0%17.3%14.7%
Net margin7.1%5.6%5.1%3.8%

Valuation history

At each fiscal year end

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Price to earnings15.312.825.950.920.140.845.7-22.2—112.0
Price to sales1.20.81.21.91.00.80.71.52.03.1

Dividends and splits

Per share, in the currency the company pays

Paid for 3 years. Last went ex-dividend on 9 Jun 2026.

FY2025FY2024FY2023FY2005FY2004FY2003
Paid in the year0.0570.1170.110.100.100.125
  • 1-to-1 reverse split · 26 Jul 2006

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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