State Grid Yingda Co.,Ltd.
600517
Rank in Stocks
#4036
Operating across China, State Grid Yingda Co.,Ltd. is involved in a diverse... Operating across China, State Grid Yingda Co.,Ltd. is involved in a diverse range of sectors, including electrical equipment and services, financial trust services, securities and futures trading, and carbon asset management. Its product portfolio within the electrical sector encompasses key components like distribution transformers, amorphous iron cores, complete integrated substations, advanced primary and secondary integration apparatus, C-GIS units, gas-insulated switchgear, lightning protection devices, AC and DC bushings, nano aluminum alloy components, and various insulators. The company also provides sophisticated technological solutions such as lightning detection and early warning systems, comprehensive testing and measurement services, remote monitoring and diagnostic capabilities, specialized power operation and maintenance solutions, and general engineering support. Furthermore, it delivers grid operation and maintenance, promotes energy efficiency through low-carbon solutions, conducts high-voltage testing, offers integrated energy services, and undertakes the construction of power transmission and distribution infrastructure. Beyond its electrical operations, the company participates in various trust-related financial activities. Its comprehensive securities division covers services like brokerage, credit financing, investment banking, proprietary securities investment, fixed-income trading, asset management, and futures trading. Additionally, it extends factoring services specifically tailored for small, medium, and micro-sized enterprises. In the realm of carbon assets, the firm conducts carbon audits, facilitates carbon asset development and trading, provides carbon finance solutions, researches low-carbon and carbon market topics, and manages green supply chains. Established in Beijing, China, in 1997, the company operated as Shanghai Zhixin Electric Co., Ltd. before adopting its current name, State Grid Yingda Co.,Ltd., in April 2020. It functions as a subsidiary under State Grid Yingda International Holdings Group Co., Ltd.
Share Price
$0.70717976
Market Cap
$4.04B
Change (1 day)
-1.01%
Change (1 year)
-10.73%
Country
CN
Trade State Grid Yingda Co.,Ltd. (600517)
Category
Industrials
P/E ratio for State Grid Yingda Co.,Ltd. (600517)
P/E ratio as of October 2026 TTM: 10.75
According to State Grid Yingda Co.,Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.75. At the end of 2023 the company had a P/E ratio of 19.96.
P/E ratio history for State Grid Yingda Co.,Ltd. from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 10.75 | -46.31% |
| 2024 | 20.02 | 0.28% |
| 2023 | 19.96 | -20.63% |
| 2022 | 25.15 | -26.17% |
| 2021 | 34.06 | 18.76% |
| 2020 | 28.68 | -95.93% |
| 2019 | 704.47 | 121.53% |
| 2018 | 318.00 | 786.07% |
| 2017 | 35.89 | 28.57% |
| 2016 | 27.91 | -29.39% |
| 2015 | 39.53 | -20.99% |
| 2014 | 50.04 | 39.66% |
| 2013 | 35.83 | -36.06% |
| 2012 | 56.04 | 2.38% |
| 2011 | 54.73 | 71.68% |
| 2010 | 31.88 | -29.91% |
| 2009 | 45.48 | 3.63% |
| 2008 | 43.89 | -33.04% |
| 2007 | 65.54 | 50.21% |
| 2006 | 43.64 | -12.11% |
| 2005 | 49.65 | 8.69% |
| 2004 | 45.68 | -31.32% |
| 2003 | 66.51 | 14.55% |
| 2002 | 58.06 | -0.21% |
| 2001 | 58.18 | -9.69% |
| 2000 | 64.42 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
CH
|
|
| - | - |
CN
|
|
| 41.47 | 285.78% |
IE
|
|
| - | - |
TH
|
|
| 49.30 | 358.66% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.