Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Northeast Electric Development

DB:NE4H
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NE4H
DB
HK$1B
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Northeast Electric Development Company Limited produces and sells power transmission equipment and related accessories. The last earnings update was 153 days ago. More info.


Add to Portfolio Compare Print
  • Northeast Electric Development has significant price volatility in the past 3 months.
NE4H Share Price and Events
7 Day Returns
1.6%
DB:NE4H
9.2%
DE Electrical
9.9%
DE Market
1 Year Returns
-62.6%
DB:NE4H
-8.2%
DE Electrical
-17.5%
DE Market
NE4H Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Northeast Electric Development (NE4H) 1.6% -24.4% -30.9% -62.6% -88.2% -89.4%
DE Electrical 9.2% -20.6% -35.2% -8.2% -43.7% -44.1%
DE Market 9.9% -16.6% -24.8% -17.5% -24.5% -28.1%
1 Year Return vs Industry and Market
  • NE4H underperformed the Electrical industry which returned -8.2% over the past year.
  • NE4H underperformed the Market in Germany which returned -17.5% over the past year.
Price Volatility
NE4H
Industry
5yr Volatility vs Market

NE4H Value

 Is Northeast Electric Development undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Northeast Electric Development to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Northeast Electric Development.

DB:NE4H Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6.6%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:NE4H
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.3%
Electrical Unlevered Beta Simply Wall St/ S&P Global 1.12
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.118 (1 + (1- 25%) (3.83%))
1.101
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.101 * 6.33%)
6.58%

Discounted Cash Flow Calculation for DB:NE4H using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Northeast Electric Development is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:NE4H DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 6.58%)
2020 0.52 Est @ -51.92% 0.48
2021 0.33 Est @ -36.46% 0.29
2022 0.24 Est @ -25.64% 0.20
2023 0.20 Est @ -18.06% 0.15
2024 0.17 Est @ -12.76% 0.13
2025 0.16 Est @ -9.05% 0.11
2026 0.15 Est @ -6.45% 0.09
2027 0.14 Est @ -4.63% 0.08
2028 0.14 Est @ -3.36% 0.08
2029 0.13 Est @ -2.47% 0.07
Present value of next 10 years cash flows CN¥1.00
DB:NE4H DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CN¥0.13 × (1 + -0.39%) ÷ (6.58% – -0.39%)
CN¥1.90
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥1.90 ÷ (1 + 6.58%)10
CN¥1.01
DB:NE4H Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥1.00 + CN¥1.01
CN¥2.01
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥2.01 / 873.37
CN¥0
DB:NE4H Discount to Share Price
Calculation Result
Exchange Rate CNY/HKD
(Reporting currency to currency of SEHK:42)
1.092
Value per Share
(HKD)
= Value per Share in CNY x Exchange Rate (CNY/HKD)
= CN¥0 x 1.092
HK$0
Non-primary Listing Adjustment Factor 1 share in DB:NE4H represents 0.08025x of SEHK:42
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.08025x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (HKD) x Listing Adjustment Factor
= HK$ 0.00 x 0.08025
€0.00
Value per share (EUR) From above. €0.00
Current discount Discount to share price of €0.03
= -1 x (€0.03 - €0.00) / €0.00
-16035.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Northeast Electric Development is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Northeast Electric Development's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Northeast Electric Development's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:NE4H PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in CNY CN¥0.00
SEHK:42 Share Price ** SEHK (2020-03-31) in HKD HK$0.41
SEHK:42 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.915 CN¥0.37
Germany Electrical Industry PE Ratio Median Figure of 6 Publicly-Listed Electrical Companies 22.57x
Germany Market PE Ratio Median Figure of 399 Publicly-Listed Companies 16.31x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Northeast Electric Development.

DB:NE4H PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:42 Share Price ÷ EPS (both in CNY)

= 0.37 ÷ 0.00

-373.01x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Northeast Electric Development is loss making, we can't compare its value to the DE Electrical industry average.
  • Northeast Electric Development is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Northeast Electric Development's expected growth come at a high price?
Raw Data
DB:NE4H PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -373.01x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Electrical Industry PEG Ratio Median Figure of 5 Publicly-Listed Electrical Companies 1x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.18x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Northeast Electric Development, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Northeast Electric Development's assets?
Raw Data
DB:NE4H PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in CNY CN¥0.01
SEHK:42 Share Price * SEHK (2020-03-31) in HKD HK$0.41
SEHK:42 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.915 CN¥0.37
Germany Electrical Industry PB Ratio Median Figure of 14 Publicly-Listed Electrical Companies 1.69x
Germany Market PB Ratio Median Figure of 571 Publicly-Listed Companies 1.43x
DB:NE4H PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:42 Share Price ÷ Book Value per Share (both in CNY)

= 0.37 ÷ 0.01

24.82x

* Primary Listing of Northeast Electric Development.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Northeast Electric Development is overvalued based on assets compared to the DE Electrical industry average.
X
Value checks
We assess Northeast Electric Development's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electrical industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electrical industry average (and greater than 0)? (1 check)
  5. Northeast Electric Development has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

NE4H Future Performance

 How is Northeast Electric Development expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Northeast Electric Development has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
69.2%
Expected Electrical industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Northeast Electric Development expected to grow at an attractive rate?
  • Unable to compare Northeast Electric Development's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Northeast Electric Development's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Northeast Electric Development's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:NE4H Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Electrical Industry Earnings Growth Rate Market Cap Weighted Average 69.2%
Germany Electrical Industry Revenue Growth Rate Market Cap Weighted Average 12.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:NE4H Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:NE4H Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-09-30 83 19 -1
2019-06-30 63 -2 25
2019-03-31 42 -8 14
2018-12-31 32 -5 15
2018-09-30 32 -17 -360
2018-06-30 30 13 -391
2018-03-31 32 7 -386
2017-12-31 33 46 -397
2017-09-30 37 34 -104
2017-06-30 47 30 -106
2017-03-31 51 26 -110
2016-12-31 64 -30 -99

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Northeast Electric Development is high growth as no earnings estimate data is available.
  • Unable to determine if Northeast Electric Development is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:NE4H Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Northeast Electric Development Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:NE4H Past Financials Data
Date (Data in CNY Millions) EPS *
2019-09-30 0.00
2019-06-30 0.03
2019-03-31 0.02
2018-12-31 0.02
2018-09-30 -0.41
2018-06-30 -0.44
2018-03-31 -0.44
2017-12-31 -0.45
2017-09-30 -0.11
2017-06-30 -0.12
2017-03-31 -0.12
2016-12-31 -0.11

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Northeast Electric Development will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Northeast Electric Development's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Northeast Electric Development's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. Northeast Electric Development's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Northeast Electric Development's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Northeast Electric Development has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

NE4H Past Performance

  How has Northeast Electric Development performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Northeast Electric Development's growth in the last year to its industry (Electrical).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Northeast Electric Development does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Northeast Electric Development's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Northeast Electric Development's 1-year growth to the DE Electrical industry average as it is not currently profitable.
Earnings and Revenue History
Northeast Electric Development's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Northeast Electric Development Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:NE4H Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 82.81 -0.73 54.27 1.24
2019-06-30 63.18 24.79 51.98 1.24
2019-03-31 42.06 14.28 45.67 1.24
2018-12-31 32.31 14.60 42.50 1.24
2018-09-30 32.16 -359.51 61.78 0.46
2018-06-30 29.67 -391.25 60.07 0.46
2018-03-31 32.04 -386.14 56.92 0.46
2017-12-31 32.99 -397.06 64.77 0.46
2017-09-30 36.98 -104.01 47.07
2017-06-30 46.62 -106.26 51.01
2017-03-31 51.23 -110.39 54.95
2016-12-31 63.51 -99.49 46.75
2016-09-30 96.24 -17.52 32.41
2016-06-30 120.79 -6.67 29.84
2016-03-31 140.91 2.93 29.56
2015-12-31 151.74 4.93 29.20
2015-09-30 186.15 6.13 32.81
2015-06-30 192.43 6.39 34.37
2015-03-31 200.34 6.99 35.98
2014-12-31 197.51 6.17 36.50
2014-09-30 207.18 10.45 44.89
2014-06-30 191.44 8.55 44.66
2014-03-31 191.50 7.52 43.23
2013-12-31 195.97 9.89 48.13
2013-09-30 209.74 20.43 54.51
2013-06-30 234.76 28.71 55.13

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Northeast Electric Development has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Northeast Electric Development has efficiently used its assets last year compared to the DE Electrical industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Northeast Electric Development improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Northeast Electric Development's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electrical industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Northeast Electric Development has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

NE4H Health

 How is Northeast Electric Development's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Northeast Electric Development's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Northeast Electric Development's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Northeast Electric Development's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Northeast Electric Development's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 44x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Northeast Electric Development Company Filings, last reported 6 months ago.

DB:NE4H Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 18.58 4.50 134.26
2019-06-30 18.55 4.50 140.87
2019-03-31 21.48 4.50 138.54
2018-12-31 22.12 4.50 145.73
2018-09-30 -184.42 0.00 117.21
2018-06-30 -190.75 0.00 40.53
2018-03-31 -196.33 0.00 40.96
2017-12-31 -194.64 0.00 45.18
2017-09-30 180.73 7.00 27.94
2017-06-30 187.24 8.00 29.74
2017-03-31 190.35 28.00 62.12
2016-12-31 207.88 29.00 27.60
2016-09-30 276.73 9.00 68.81
2016-06-30 286.19 9.00 69.74
2016-03-31 292.06 9.00 85.06
2015-12-31 297.34 9.00 123.42
2015-09-30 289.53 9.00 99.54
2015-06-30 285.02 9.00 111.28
2015-03-31 284.12 9.00 80.41
2014-12-31 286.62 9.00 124.22
2014-09-30 280.07 9.00 81.40
2014-06-30 286.22 9.00 87.84
2014-03-31 277.99 9.00 76.79
2013-12-31 280.23 8.00 107.97
2013-09-30 270.32 8.00 87.55
2013-06-30 271.78 8.00 65.64
  • Northeast Electric Development's level of debt (24.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (3.2% vs 24.2% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Northeast Electric Development has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Northeast Electric Development has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.6% per year.
X
Financial health checks
We assess Northeast Electric Development's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Northeast Electric Development has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

NE4H Dividends

 What is Northeast Electric Development's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Northeast Electric Development dividends.
If you bought €2,000 of Northeast Electric Development shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Northeast Electric Development's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Northeast Electric Development's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:NE4H Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Electrical Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.8%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Northeast Electric Development has not reported any payouts.
  • Unable to verify if Northeast Electric Development's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Northeast Electric Development's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Northeast Electric Development has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Northeast Electric Development's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Northeast Electric Development afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Northeast Electric Development has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

NE4H Management

 What is the CEO of Northeast Electric Development's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Northeast Electric Development has no CEO, or we have no data on them.
Management Team

Jie Zhu

TITLE
Chairman of Board
AGE
38

Weiguo Su

TITLE
Deputy GM & Director
COMPENSATION
CN¥1M
AGE
57

Zongbao Bao

TITLE
Executive Director
AGE
36

Ma Yun

TITLE
Executive Director
AGE
47

Kai Wang

TITLE
Vice GM & CFO
AGE
44
TENURE
1 yrs

Liwen Xing

TITLE
Chief Accounting Officer

Bin Lin

TITLE
Head of the Internal Audit Department

Kouming Qian

TITLE
Head of Financial Section

Tao Hu

TITLE
Chief of Internal Audit Department & Employee Representative Supervisor
AGE
34

Huafen Liu

TITLE
Executive Director
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure and age of the Northeast Electric Development board of directors in years:

1.1
Average Tenure
54
Average Age
  • The average tenure for the Northeast Electric Development board of directors is less than 3 years, this suggests a new board.
Board of Directors

Jie Zhu

TITLE
Chairman of Board
AGE
38
TENURE
0.6 yrs

Weiguo Su

TITLE
Deputy GM & Director
COMPENSATION
CN¥1M
AGE
57
TENURE
1.3 yrs

Zongbao Bao

TITLE
Executive Director
AGE
36
TENURE
2.7 yrs

Ma Yun

TITLE
Executive Director
AGE
47
TENURE
1 yrs

Tao Hu

TITLE
Chief of Internal Audit Department & Employee Representative Supervisor
AGE
34
TENURE
0.6 yrs

Huafen Liu

TITLE
Executive Director
TENURE
0.3 yrs

Ming Li

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥70K
AGE
66
TENURE
1.8 yrs

Fang Guangrong

TITLE
Independent Non-Executive Director
AGE
64
TENURE
1 yrs

Fengsheng Qian

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥120K
AGE
55
TENURE
4 yrs

Jinyang Zhou

TITLE
Shareholder Representative Supervisor
AGE
54
TENURE
1.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Northeast Electric Development's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Northeast Electric Development has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

NE4H News

Simply Wall St News

NE4H Company Info

Description

Northeast Electric Development Company Limited produces and sells power transmission equipment and related accessories. The company primarily offers power capacitors, enclosed bus bars, and other system protection and transmission equipment. It also manufactures and sells electrical equipment. In addition, the company provides power transmission technology developing, consulting, transferring, and testing services. Further, it offers design, construction, and consultation services for new energy projects. The company was formerly known as Northeast Electricity Transmitting & Transformation Machinery Manufacturing Ltd. Northeast Electric Development Company Limited was founded in 1993 and is based in Haikou, the People's Republic of China.

Details
Name: Northeast Electric Development Company Limited
NE4H
Exchange: DB
Founded: 1993
HK$136,618,488
873,370,000
Website: http://www.nee.com.cn
Address: Northeast Electric Development Company Limited
Room A1-1077 Building A,
5th Floor,
Haikou,
Hainan Province, 571152,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 42 Foreign Shares-Foreign Listed The Stock Exchange of Hong Kong Ltd. HK HKD 16. Aug 1995
DB NE4H Foreign Shares-Foreign Listed Deutsche Boerse AG DE EUR 16. Aug 1995
SZSE 000585 Domestic Shares Shenzhen Stock Exchange CN CNY 23. Sep 1996
XSEC 000585 Domestic Shares Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect CN CNY 23. Sep 1996
Number of employees
Current staff
Staff numbers
167
Northeast Electric Development employees.
Industry
Electrical Components and Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 21:18
End of day share price update: 2020/03/31 00:00
Last earnings filing: 2019/10/30
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.