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Guangdong Baolihua New Energy Stock Co., Ltd Class A

Guangdong Baolihua New Energy Stock Co., Ltd Class A

SSZSE:000690
5.19
CNY
-0.26
(-4.77%)
0.41EPS
10.98P/E
9.90BMarket Cap
Oct 29Next Earn
Guangdong Baolihua New Energy Stock Co., Ltd Class A
SZSE:000690
(Shenzhen Stock Exchange)

Recent

price

5.19

P/E

ratio

10.98

div

yld

4.75%

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
CNY
1.74
1.77
2.07
2.28
3.27
2.71
2.05
1.73
1.22
1.74
2.61
3.31
4.34
4.11
4.74
3.58
3.94
Revenue per Share
0.33
0.19
0.1
0.26
0.64
0.59
0.37
0.33
0.05
0.21
0.41
0.84
0.38
0.08
0.41
0.32
0.41
Basic EPS, GAAP
-0.04
0.15
-0.44
0.09
1.4
0.67
0.2
-0.19
-0.86
-0.61
0.72
1.47
0.53
0.41
0.01
- -
- -
Free Cash Flow per Basic Share
0.12
0.17
0.17
0.24
0.32
0.45
0.43
0.33
0.2
0.24
0.33
0.38
0.44
0.16
0.14
0.4
0.25
Dividend per Share
1.72
1.85
1.92
2.22
2.66
2.9
2.93
3.79
3.9
4.07
4.37
5.01
5.14
5.19
5.57
5.61
5.7
Book Value per Share
1.63
1.4
1.83
2.03
2.47
2.68
2.62
3.52
3.62
3.8
4.09
4.72
4.84
4.9
5.27
5.31
5.41
Tangible Book Value per Share
1,690
1,740
1,700
1,736
1,730
1,731
1,741
2,044
2,063
2,204
2,154
2,164
2,169
2,289
2,167
2,205
2,167
Basic Weighted Avg Shares
2,941
3,079
3,515
3,951
5,656
4,697
3,574
3,540
2,515
3,834
5,627
7,160
9,411
9,415
10,275
7,904
8,547
Sales/Revenue/Turnover
27.45
18.33
14.63
21.65
29.9
27.89
25.45
27.31
10.22
22.97
23.29
35.99
11.21
2.97
10.63
11.62
12.99
Operating Margin (%)
237
280
281
323
433
432
425
432
461
484
760
783
776
757
702
645
- -
Depreciation Expense
558
331
170
451
1,107
1,021
644
675
103
463
883
1,818
824
183
889
706
898
Net Income, GAAP
21.53
22.2
27.44
27.45
23.34
24
24.39
25.32
- -
31.26
18.31
20.99
16.18
- -
20.02
24.03
23.18
Effective Tax Rate (%)
18.97
10.74
4.84
11.42
19.58
21.75
18.03
19.06
4.1
12.07
15.7
25.39
8.76
1.95
8.65
8.93
10.51
Profit Margin (%)
1,334
874
1,297
557
1,525
1,139
26
4,725
2,626
1,973
1,295
2,908
2,867
3,835
3,788
3,118
3,286
Working Capital
2,538
3,018
3,629
3,958
3,693
2,853
2,998
6,570
7,727
7,386
6,020
5,432
4,554
4,798
5,214
5,846
5,969
LT Debt
2,973
3,189
3,307
3,831
4,586
5,014
5,058
8,239
8,486
8,862
9,502
10,900
11,184
11,288
12,128
12,205
12,412
Total Equity
10.76
5.17
2.34
5.41
12.56
11.08
6.89
5.41
- -
2.58
4.91
10.25
4.6
- -
4.59
3.61
4.55
Return on Invested Capital (%)
12.85
7.43
4.69
7.86
14.98
13.51
9.03
6.65
- -
3.58
6.82
12.13
6.03
- -
5.61
4.23
5.08
Return on Capital (%)
20.76
10.73
5.23
12.64
26.31
21.28
12.79
10.15
1.23
5.34
9.62
17.82
7.47
1.63
7.59
5.8
7.4
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
1,536
1,067
1,249
LT Borrowings
5,838
5,820
5,968
LT Finance Leases
7
4
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,176
2,176
2,176
Market Capitalization
9,748
8,965
9,900

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
6,260
6,293
6,592
Cash, Cash Equivalents & STI
4,458
4,300
4,422
Accounts Receivable, Net
849
1,162
934
Inventories
323
162
500
Total Current Liabilities
3,142
2,832
3,306
Payables & Accruals
- -
- -
- -
ST Debt
1,536
1,067
1,249
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.47%
5.27%
0.64%
Free Cash Flow
-32.77%
-33.9%
-95.44%
Net Income, GAAP
66.06%
67.59%
-20.6%
Sales/Revenue/Turnover
9.02%
8.96%
-23.08%
Total Cash Common Dividend
14.93%
27.4%
182.18%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,127
1,587
2,392
1,798
7,904
2025
1,980
2,377
2,098
2,075
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
0.07
0.1
0.05
0.32
2025
0.14
0.12
0.14
0.15
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.32
0.02
0.03
0.4
2025
0.02
0.17
0.02
0.22
- -
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Business
Guangdong Baolihua New Energy Stock Co., Ltd. (000690.SZ) engages primarily in the development, production, and sale of new energy products, with a focus on photovoltaic modules, energy storage systems, and related renewable energy solutions. The company offers core products including monocrystalline and polycrystalline silicon photovoltaic modules under its Baolihua brand; lithium-ion battery packs and energy storage systems for residential, commercial, and utility-scale applications; and solar inverters, mounting systems, and balance-of-system components; as well as engineering, procurement, and construction (EPC) services for solar power plants. It operates mainly in the renewable energy sector, targeting utility companies, industrial clients, and distributed generation markets in China, with expanding presence in Southeast Asia and Europe. Founded in 1993 and headquartered in Yangjiang, Guangdong Province, China, the company has evolved from traditional manufacturing roots into a key player in the new energy industry through strategic investments in solar and storage technologies. Its subsidiaries include Baolihua New Energy Technology Co., Ltd. for R&D and production, and international sales arms supporting exports. Baolihua maintains production facilities in Guangdong and Jiangsu provinces, emphasizing vertical integration from silicon wafer processing to system integration. In recent developments, Guangdong Baolihua announced a major strategic partnership in early 2025 with a leading European energy firm to co-develop 2 GW of photovoltaic projects across Spain and Italy, enhancing its global footprint. The company completed a RMB 1.2 billion funding round in mid-2024 led by state-backed investors to expand its energy storage production capacity by 50% at its Yangjiang facility. Additionally, it launched a new generation of high-efficiency N-type TOPCon photovoltaic modules in late 2024, achieving over 23% conversion efficiency, and acquired a 30% stake in a lithium battery recycler in Guangdong to bolster its circular economy initiatives amid China's green energy push.