1. People's Republic of China Stocks

  2. •

    Utilities

  3. •

    Renewable Utilities
CECEP Solar Energy Co.,Ltd.

CECEP Solar Energy Co.,Ltd.

000591.SZ
CECEP Solar Energy Co.,Ltd.CN flagShenzhen Stock Exchange
5.56
CNY
-0.13
- -
21.71BMarket Cap
CECEP Solar Energy Co.,Ltd.
000591.SZ
(Shenzhen Stock Exchange)

Recent

price

5.56

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
7.19
7.93
7.79
7.67
2.24
2.27
1.59
1.73
1.68
1.67
1.76
2.34
2.73
2.44
1.54
1.26
1.4
Revenue per Share
0.03
0.02
0.05
0.05
0.25
0.3
0.24
0.27
0.29
0.3
0.34
0.4
0.41
0.4
0.31
0.21
0.28
Basic EPS, GAAP
0.02
0.06
0.21
-0.2
-1.7
-1.6
-0.99
-0.36
0.13
-0.2
0.21
0.42
0.86
-0.21
-0.44
0.07
-1.07
Free Cash Flow per Basic Share
0.01
0.08
0.06
0.05
0.31
0.5
0.21
0.25
0.31
0.39
0.42
0.43
0.36
0.28
0.3
0.25
0.35
Dividend per Share
0.52
0.51
0.55
0.6
0.96
1.42
1.18
1.78
1.98
2.16
2.38
2.64
2.88
2.75
2.84
2.92
2.95
Book Value per Share
0.72
0.68
0.61
0.66
3.37
3.64
4.07
3.95
4.16
4.3
4.54
4.79
6.3
5.75
5.84
5.85
5.88
Tangible Book Value per Share
604
603
604
604
1,589
1,600
2,733
3,002
3,004
3,006
3,008
3,007
3,383
3,909
3,912
3,919
3,920
Basic Weighted Avg Shares
4,344
4,783
4,708
4,635
3,552
3,630
4,333
5,205
5,037
5,011
5,305
7,027
9,236
9,540
6,039
4,957
5,493
Sales/Revenue/Turnover
0.61
0.99
1.45
1.35
21.57
27.73
27.16
29.71
34.02
42.02
42
35.5
26.45
27.46
37.56
37.67
38.69
Operating Margin (%)
40
42
45
53
389
528
653
868
990
1,160
1,251
1,373
1,434
1,397
1,465
1,683
- -
Depreciation Expense
17
10
30
33
390
473
653
805
862
911
1,028
1,189
1,388
1,579
1,225
823
1,088
Net Income, GAAP
24.94
74.26
39.55
30.09
4.13
6.38
6.86
4.66
6.75
9.94
13.65
13.93
16.28
17.51
21.56
26.23
23.53
Effective Tax Rate (%)
0.4
0.22
0.65
0.71
10.98
13.02
15.07
15.46
17.12
18.18
19.38
16.92
15.03
16.55
20.29
16.59
19.8
Profit Margin (%)
-38
-132
-390
-338
-776
-569
2,130
1,037
750
1,709
5,168
6,073
10,403
8,158
8,514
7,096
9,370
Working Capital
- -
20
12
73
5,802
8,756
10,472
12,191
12,487
15,595
19,168
18,080
15,909
15,488
18,085
19,510
21,375
LT Debt
531
513
532
561
5,751
6,219
11,521
12,249
12,874
13,467
14,165
14,916
21,842
22,998
23,519
23,900
24,018
Total Equity
2.73
1.3
3.88
4.04
10.13
6.17
5.36
5.82
5.72
6.12
5.55
5.87
5.16
5.07
4.05
2.97
3.48
Return on Invested Capital (%)
4.71
3.4
7.99
9.86
9.14
8.21
7.89
8.05
7.44
7.16
6.76
6.87
6.91
6.92
5.29
3.75
4.5
Return on Capital (%)
5.63
3.38
9.53
9.52
41.21
24.84
23.71
18.79
15.3
14.64
15.05
15.76
15.71
15.42
11.21
7.3
9.64
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
3,486
3,800
4,233
LT Borrowings
16,822
17,198
20,046
LT Finance Leases
1,263
1,294
1,328
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,917
3,918
3,919
Market Capitalization
18,375
17,365
17,208

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
15,039
15,140
17,246
Cash, Cash Equivalents & STI
1,921
1,183
2,525
Accounts Receivable, Net
12,838
13,593
14,252
Inventories
126
151
155
Total Current Liabilities
6,525
6,606
7,876
Payables & Accruals
- -
- -
- -
ST Debt
3,486
3,800
4,233
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.74%
12.18%
1.62%
Free Cash Flow
-54.74%
20.09%
-115.88%
Net Income, GAAP
7.79%
-1.82%
-32.87%
Sales/Revenue/Turnover
5.42%
2.52%
-17.91%
Total Cash Common Dividend
3.59%
-4.92%
-16.7%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,411
1,833
1,530
1,266
6,039
2025
1,300
1,397
856
- -
4,957
2026
1,061
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
- -
- -
- -
0.31
2025
0.07
- -
- -
- -
0.21
2026
0.05
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
- -
- -
- -
0.3
2025
0.07
- -
- -
- -
0.25
2026
0.09
- -
- -
- -
- -
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Business
CECEP Solar Energy Co., Ltd. (000591.SZ) principally engages in the investment, construction, operation, and maintenance of solar photovoltaic power plants; the research, development, manufacture, and sale of solar cell modules and components including monocrystalline silicon products, polycrystalline silicon batteries, high-power bifacial modules up to 720Wp, flexible lightweight panels, full-black residential modules, BIPV modules, and balcony PV modules; and the generation and sale of solar electricity alongside related services such as project planning, design consultation, engineering integration, after-sale support, and AI application software and hardware. A holding subsidiary of China Energy Conservation and Environmental Protection Group Co., Ltd., the company, founded in 1996 and headquartered in Beijing with key operations in Zhenjiang, Jiangsu, primarily serves domestic markets in China across ground, surface, tidal, distributed, fishery-PV, agricultural-PV, and energy storage-integrated projects while expanding internationally. In recent developments, CECEP Solar Energy signed a cooperation agreement in September 2025 for a 600MW photovoltaic power station in Kyrgyzstan's Batken region as part of the Batken Green Energy + Green Agriculture and Animal Husbandry Industrial Park, with a total investment of approximately RMB 2.853 billion; announced pre-acquisition agreements for 1.529GW of solar power plants as of mid-2025 toward a 13.6GW total portfolio target by year-end; and continues advancing overseas projects in Central Asia, Central and Eastern Europe, and Belt and Road regions.