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Shanxi Meineng Clean Energy Co (SZSE:001299) ROE % Adjusted to Book Value : 3.51% (As of Mar. 2024)


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What is Shanxi Meineng Clean Energy Co ROE % Adjusted to Book Value?

Shanxi Meineng Clean Energy Co's ROE % for the quarter that ended in Mar. 2024 was 6.11%. Shanxi Meineng Clean Energy Co's PB Ratio for the quarter that ended in Mar. 2024 was 1.74. Shanxi Meineng Clean Energy Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 was 3.51%.


Shanxi Meineng Clean Energy Co ROE % Adjusted to Book Value Historical Data

The historical data trend for Shanxi Meineng Clean Energy Co's ROE % Adjusted to Book Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Shanxi Meineng Clean Energy Co ROE % Adjusted to Book Value Chart

Shanxi Meineng Clean Energy Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE % Adjusted to Book Value
Get a 7-Day Free Trial - - - 3.20 2.91

Shanxi Meineng Clean Energy Co Quarterly Data
Dec16 Dec17 Dec18 Jun19 Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.73 2.39 1.19 4.50 3.51

Competitive Comparison of Shanxi Meineng Clean Energy Co's ROE % Adjusted to Book Value

For the Utilities - Regulated Gas subindustry, Shanxi Meineng Clean Energy Co's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shanxi Meineng Clean Energy Co's ROE % Adjusted to Book Value Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shanxi Meineng Clean Energy Co's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Shanxi Meineng Clean Energy Co's ROE % Adjusted to Book Value falls into.



Shanxi Meineng Clean Energy Co ROE % Adjusted to Book Value Calculation

Shanxi Meineng Clean Energy Co's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=6.45% / 2.22
=2.91%

Shanxi Meineng Clean Energy Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=6.11% / 1.74
=3.51%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


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Shanxi Meineng Clean Energy Co (SZSE:001299) Business Description

Traded in Other Exchanges
N/A
Address
No. 48 Keji Road, Room B1605, Pioneer Plaza, High-tech Zone, Shaanxi Province, Xi'an City, CHN, 710016
Shanxi Meineng Clean Energy Co Ltd is an innovative and energetic professional gas operation enterprise. It is mainly engaged in investment in urban gas, compressed natural gas filling stations, LNG production plants and filling stations, coal-to-natural gas production plants, and gas pipelines; consulting in the gas industry, training and management.

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