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    Electrical products
Northeast Electric Development Co., Ltd. Class H

Northeast Electric Development Co., Ltd. Class H

HHKEX:42
0.20
HKD
+0.02
(+9.29%)
0.02EPS
16.61P/E
227.10MMarket Cap
Northeast Electric Development Co., Ltd. Class H
HKEX:42
(Hong Kong Exchange)

Recent

price

0.20

P/E

ratio

16.61

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
0.41
0.31
0.19
0.2
0.32
0.17
0.07
0.04
0.04
0.12
0.09
0.14
0.18
0.13
0.18
0.19
0.15
Revenue per Share
-0.01
-0.04
0.01
0.01
0.01
0.01
-0.11
-0.45
0.02
-0.05
0.07
0.02
-0.03
-0.01
-0.01
-0.09
0.01
Basic EPS, GAAP
- -
-0.05
-0.01
0.02
0.03
-0.02
-0.05
0.03
-0.03
-0.01
-0.01
0.01
0.01
-0.01
-0.01
-0.02
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.35
0.3
0.31
0.32
0.33
0.34
0.23
-0.23
0.01
-0.06
-0.21
-0.19
-0.22
-0.23
-0.24
-0.32
-0.21
Book Value per Share
0.34
0.29
0.31
0.32
0.32
0.34
0.21
-0.25
-0.01
-0.08
-0.23
-0.21
-0.24
-0.23
-0.24
-0.32
-0.23
Tangible Book Value per Share
856
805
1,114
989
617
881
904
873
873
873
873
873
873
873
873
873
873
Basic Weighted Avg Shares
348
249
217
196
198
152
64
33
32
102
80
119
161
110
156
164
127
Sales/Revenue/Turnover
1.73
-5.32
4.71
5.66
1.53
-0.41
-58.36
-107.18
-122.15
-19.91
-121.38
-8.74
-19.08
-14.3
-5.14
-4.58
-12.23
Operating Margin (%)
7
8
8
7
7
7
7
3
6
11
13
17
18
11
10
10
- -
Depreciation Expense
-9
-32
11
10
6
5
-99
-397
15
-40
64
18
-25
-6
-10
-83
12
Net Income, GAAP
- -
- -
14.42
24.19
34.82
36.61
- -
- -
8.84
- -
6.49
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-2.46
-12.95
5.13
5.04
3.12
3.25
-156.65
-1,203.72
45.17
-39.28
80.17
14.75
-15.62
-5.39
-6.46
-50.37
9.16
Profit Margin (%)
74
178
168
154
167
171
133
-237
-217
-231
-146
-171
-203
-208
-215
-278
-172
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
17
12
- -
- -
- -
- -
- -
- -
LT Debt
307
262
273
280
287
297
208
-195
22
-51
-185
-168
-193
-199
-209
-276
-184
Total Equity
- -
- -
2.26
2.07
2.29
1.73
- -
- -
-10.06
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
4.26
3.72
2.3
1.8
- -
- -
-18.52
- -
-75.97
- -
- -
- -
- -
- -
- -
Return on Capital (%)
-2.75
-11.39
4.18
3.59
2.18
1.69
-39.82
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'21
Mar'22
Jun'22
ST Debt
40
30
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
873
873
873
Market Capitalization
505
191
194

Working Capital

CNY

•

in mil. unless spec.
Dec'21
Mar'22
Jun'22
Total Current Assets
123
116
126
Cash, Cash Equivalents & STI
37
14
17
Accounts Receivable, Net
59
49
57
Inventories
15
18
19
Total Current Liabilities
294
301
298
Payables & Accruals
- -
- -
- -
ST Debt
40
30
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-35.78%
9.18%
31.91%
Free Cash Flow
-59.11%
-59.86%
198.24%
Net Income, GAAP
-215.96%
79.25%
717.88%
Sales/Revenue/Turnover
18.59%
19.94%
4.94%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
110
2024
- -
- -
156
2025
- -
- -
164

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.01
2024
- -
- -
-0.01
2025
- -
- -
-0.09

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -
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Business
Northeast Electric Development Company Limited (0042.HK) is a China-based investment holding company principally engaged in the research, design, development, production and sale of power transmission and transformation equipment and related accessories; manufacturing of electrical equipment and enclosed busbars; provision of hotel catering and accommodation services; engineering design, construction, reconnaissance and consultation services for new energy projects; and electric power engineering services. The company offers enclosed busbar products for power systems to enhance transmission capacity and support high-power energy delivery, along with intelligent dehumidification systems for busbars and other specialized accessories targeting pumped storage and renewable energy applications. Founded in 1993 and headquartered in Haikou, Hainan Province, People's Republic of China, with registered address at Room A1-1077, 5th Floor, Building A, Entrepreneurship Incubation Center of Haikou National High-tech Zone, the company operates primarily in China through subsidiaries including Fuxin Enclosed Busbar Co., Ltd. and Hainan Garden Lane Flight Hotel Management Co., Ltd., serving domestic power utilities, industrial clients and tourism markets. Recent developments include the January 2024 divestiture by subsidiary Garden Lane Flight Hotel of its 30% equity interest in Chongqing HNA Hotel Investment Co., Ltd. to related party Tysan Land (Shanghai) Limited for RMB9.1 million to optimize assets and bolster working capital; the January 2025 transfer of 100% equity in wholly-owned subsidiary Northeast Electric Development (Hong Kong) Company Limited to independent third party Prosper Power Limited for RMB4 million; extension of the Garden Lane hotel lease to December 2025 with related party Dalian Changjiang Plaza Co., Ltd.; and R&D advancements such as five new utility model patent applications and launch of intelligent dehumidification products, alongside record busbar orders exceeding RMB180 million in 2024.