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Shandong Hi-Speed New Energy Group (1250) Fair Value & Analysis

Utilities · HK · Market cap HK$2.5B

SH Shandong Hi-Speed New Energy Group 1250 · HK
PriceHK$1.25
Fair ValueHK$3.61
Upside+188.8%
Quality45/100
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Weak Growth
Thin margins · 5.2% net margin
Moderate debt · generates free cash flow
Ranks above peers (11/13)
Narrow moat 43/100
Evidence: Medium Range HK$2.53 – HK$3.90 Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated today

Share price +9.6% over the past month.

Below-average quality, screening 189% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (HK$2.53). The market is more pessimistic than our downside scenario.
  • Solid quality (45/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

HK$6.45 HK$1.03 Fair Value HK$3.61 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range HK$1.03 – HK$6.45 · fair‑value band HK$2.53 – HK$3.90 · the HK$1.25 price screens below the HK$3.61 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Shandong Hi-Speed New Energy Group (1250) currently trades at HK$1.25, while our model-based Fair Value estimate is HK$3.61, implying the stock looks roughly 188.8% undervalued today. The Quality Score stands at 45/100 (below-average quality), in the Utilities sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Shandong Hi-Speed New Energy Group generated revenue of HK$4.4B at a net margin of 5.2%. Revenue declined 0.5% year over year. It earns a return on equity of 2.1%. Net debt stands at HK$24.4B. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$2.53 (bear case) to HK$3.90 (bull case); at HK$1.25, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 55% below its 52-week high and 17% above its 52-week low, currently below its 200-day average. For context, the median of 10 Utilities peers we cover trades at -11% fair-value upside, at 189%, 1250 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF HK$8.71 HK$20.70 HK$43.64 80
Residual Income HK$4.58 HK$4.28 HK$3.23 76
Rev-Margin DCF HK$1.55 HK$6.97 HK$15.19 74
All 24 models by family
DCF Models
FCF DCF HK$9.57 HK$18.38 HK$44.70 38
Owner Earnings HK$1.88 HK$10.29 31
5Y Revenue Exit HK$1.55 HK$5.67 HK$13.66 39
5Y EBITDA Exit HK$7.83 HK$18.95 HK$39.71 41
5Y P/E Exit HK$2.69 HK$6.10 38
10Y Revenue Exit HK$3.76 HK$10.67 HK$16.33 36
10Y EBITDA Exit HK$8.30 HK$22.85 HK$49.89 37
10Y P/E Exit HK$2.65 HK$7.15 HK$13.90 35
Earnings-Based
Graham-Dodd HK$0.7700 HK$5.37 HK$7.54 54
Lynch FV HK$1.73 HK$2.48 HK$3.22 50
PEG = 1.0 HK$1.73 HK$2.48 HK$3.22 46
EPV HK$0.8000 HK$1.83 HK$2.72 59
Multiples
P/E Multiple HK$1.53 HK$2.04 HK$2.55 63
P/S Multiple HK$1.44 HK$1.93 HK$2.41 58
P/B Multiple HK$1.44 HK$1.93 HK$2.41 55
EV/EBIT HK$3.47 HK$6.53 HK$9.59 53
EV/EBITDA HK$7.28 HK$11.61 HK$15.94 54
EV/Revenue HK$1.39 43
Asset-Based
NCAV (Graham) HK$3.34 HK$4.47 HK$6.67 50
Growth DCF
Growth DCF HK$8.71 HK$20.70 HK$43.64 80
Rev-Margin DCF HK$1.55 HK$6.97 HK$15.19 74
Economic Profit
Residual Income HK$4.58 HK$4.28 HK$3.23 76
ROIC Compounder HK$0.8000 HK$1.83 HK$2.72 72
Growth Earnings
Growth-Adj P/E HK$2.17 HK$3.11 HK$4.04 68

Widest divergence: DCF Models (HK$7.15) versus Economic Profit (HK$1.83). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$4.4B
Revenue growth (YoY) -0.5%
Net margin 5.2%
Return on equity 2.1%
Free cash flow HK$2.2B FY2025
P/E ratio 9.3 as of Jul 2, 2026
More key figures
Operating margin 26.4%
EPS (TTM) HK$0.1300
EPS growth (YoY) +4.0%
Net debt HK$24.4B FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 45/100

Of which business quality 44 · Market factors (momentum, volatility) 23

Profitability 16
Margins and returns on capital today
Quality Growth 46
Are margins and returns improving?
Cashflow 83
Earnings quality: real cash, not paper profit
Fin. Strength 17
Balance sheet, leverage, solvency risk
Investment 63
Disciplined investing over empire-building
Low Volatility 60
Calm price path (market factor)
Momentum 10
Price trend over the last 3–12 months (market factor)
52W Momentum 5
Distance to the 52-week high (market factor)
Net Issuance 49
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Shandong Hi-Speed New Energy Group Limited engages in investment, development, construction, operation, and management of photovoltaic power, wind power, and clean heat supply service businesses in the People's Republic of China.

Full company description

Shandong Hi-Speed New Energy Group Limited engages in investment, development, construction, operation, and management of photovoltaic power, wind power, and clean heat supply service businesses in the People's Republic of China. The company provides engineering, procurement, construction, and technical consultancy services for photovoltaic and wind power-related projects, and clean heat supply services, which include the production of heat through natural gas, electricity, geothermal energy, biomass energy, photovoltaic power, industrial waste heat energy, clean coal- fired, river water source, and other clean energy sources. It also engages in the infrastructure development and operation of wind power plants and clean energy projects, as well as in the property investment business; and trading of equipment related to photovoltaic power business. The company was formerly known as Beijing Enterprises Clean Energy Group Limited and changed its name to Shandong Hi-Speed New Energy Group Limited in July 2022. Shandong Hi-Speed New Energy Group Limited was founded in 2000 and is headquartered in Central, Hong Kong.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shandong Hi-Speed New Energy Group reported revenue of HK$4.9B in FY2025 versus HK$6.0B in FY2021, a compound −5.0%/yr. Reported net income was HK$255M in FY2025.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$4.9B
Latest YoY
+10.9%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−2.5%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−2.4%
Avg. growth/yr (15Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+24.4%
Revenue −5.0%/yr
FY21 HK$6.0B
FY22 HK$5.3B
FY23 HK$5.0B
FY24 HK$4.4B
FY25 HK$4.9B
Net income
FY21 −HK$321M
FY22 HK$258M
FY23 HK$378M
FY24 HK$284M
FY25 HK$255M
Character of growth · EPS growth decomposed (2014-2025) +31.7 % p.a.
Revenue per share +46.7 pp

of which total revenue +17.3 pp · buybacks/dilution +29.3 pp

EBIT margin +7.1 pp
Tax rate −2.9 pp
Residual (interest, one-offs) −19.1 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Shandong Hi-Speed New Energy Group Fair Value". https://www.fairvalue-calculator.com/stock/1250

Peer Group

Utilities - Renewable · 220 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 45 · Above median
Fair Value upside +189% · Top 25%
Return on equity (TTM) 2% · Below median
Return on assets 2% · Above median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 26% · Above median
Revenue growth -1% · Above median
Debt / equity 1.21× · Higher than median

Valuation Multiples vs Utilities - Renewable median · lower = cheaper

P/E (TTM) 9.3× · Cheaper than 75% of peers
P/B 0.17× · Cheaper than 75% of peers
P/S (TTM) 0.57× · Cheaper than 75% of peers
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 4.8× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 8
FUTURE 0 · sector 0
PAST 8 · sector 11
HEALTH 40 · sector 68
DIVIDEND 0 · sector 50

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Utilities - Renewable stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
China Yangtze Power Co 600900 ¥28.02 ¥25.13 -10%
Ørsted A/S ORSTED kr 148.25 kr 31.40 -79%
Huaneng Lancang River Hydropower Inc 600025 ¥9.69 ¥5.57 -43%
Adani Green Energy Limited ADANIGREEN ₹1,319 ₹169.61 -87%
AXIA Energia SA AXIAP $10.74 $9.54 -11%
VERBUND AG OEWA €56.80 €66.19 +17%
BEP BEP $34.23 $70.40 +106%
BEPUN BEPUN C$44.56 C$10.15 -77%
China Longyuan Power Group 001289 ¥15.92 ¥7.55 -53%
SDIC Power Holdings 600886 ¥13.95 ¥16.63 +19%

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Frequently asked questions

Is Shandong Hi-Speed New Energy Group (1250) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$3.61 versus a price of HK$1.25, about +189% (undervalued).
What is the fair value of 1250?
Our model-based fair value for Shandong Hi-Speed New Energy Group is HK$3.61 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$1.25.
What is the quality score of 1250?
Shandong Hi-Speed New Energy Group has a Quality Score of 45/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Shandong Hi-Speed New Energy Group (1250)?
Shandong Hi-Speed New Energy Group reported trailing-twelve-month revenue of about HK$4.4B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 1250?
The net profit margin of Shandong Hi-Speed New Energy Group is about 5.2%, meaning it keeps roughly 5.2% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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