State Grid Financials
| 600131 Stock | 20.91 0.03 0.14% |
State | Select Account or Indicator |
Understanding current and past State Grid Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of State Grid's financial statements are interrelated, with each one affecting the others. For example, an increase in State Grid's assets may result in an increase in income on the income statement.
Please note, the presentation of State Grid's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, State Grid's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of State Grid's management manipulating its earnings.
State Grid Stock Summary
State Grid competes with Anshan Senyuan, Guosheng Financial, Hua Xia, XiAn Dagang, and Lecron Energy. State Grid is entity of China. It is traded as Stock on SHG exchange.Specialization | Utilities, Utilities - Renewable |
| Instrument | China Stock View All |
| Exchange | Shanghai Stock Exchange |
| ISIN | CNE000000VJ3 |
| Business Address | Tianfu Software Park, |
| Sector | Electric Utilities |
| Industry | Utilities |
| Benchmark | Dow Jones Industrial |
| Website | www.sgitc.com |
| Phone | 86 28 6812 2722 |
You should never invest in State Grid without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of State Stock, because this is throwing your money away. Analyzing the key information contained in State Grid's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
State Grid Key Financial Ratios
State Grid's financial ratios allow both analysts and investors to convert raw data from State Grid's financial statements into concise, actionable information that can be used to evaluate the performance of State Grid over time and compare it to other companies across industries.| Revenue | 7.67 B | ||||
| Gross Profit | 1.64 B | ||||
| EBITDA | 866.82 M | ||||
| Net Income | 835.97 M | ||||
| Total Asset | 13.57 B |
State Grid Key Balance Sheet Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 11.0B | 11.4B | 12.0B | 13.6B | 15.6B | 16.4B | |
| Other Current Liab | 369.2M | 447.7M | 528.5M | 182.3M | 209.7M | 338.5M | |
| Retained Earnings | 2.0B | 2.5B | 3.1B | 3.4B | 3.9B | 4.1B | |
| Accounts Payable | 5.3B | 5.2B | 5.4B | 6.3B | 7.2B | 7.6B | |
| Cash | 2.6B | 2.4B | 2.3B | 2.7B | 3.1B | 3.2B | |
| Other Assets | 328.5M | 304.0M | 327.1M | 409.1M | 470.5M | 494.0M | |
| Net Receivables | 5.5B | 5.3B | 5.7B | 6.8B | 7.8B | 8.2B | |
| Inventory | 201.2M | 243.3M | 190.7M | 151.1M | 173.8M | 182.4M | |
| Other Current Assets | 305.3M | 136.0M | 115.0M | 152.6M | 175.4M | 184.2M | |
| Total Liab | 6.4B | 6.3B | 6.3B | 7.2B | 8.3B | 8.7B | |
| Intangible Assets | 442.0M | 582.9M | 1.1B | 1.2B | 1.4B | 1.4B | |
| Net Tangible Assets | 2.5B | 4.4B | 4.8B | 5.0B | 5.8B | 6.0B | |
| Total Current Assets | 9.3B | 9.2B | 9.5B | 11.0B | 12.6B | 13.3B | |
| Short Long Term Debt | 775M | 460M | 400M | 165M | 90M | 85.5M | |
| Net Invested Capital | 5.1B | 5.5B | 5.9B | 6.4B | 7.4B | 4.8B | |
| Net Working Capital | 2.9B | 3.0B | 3.3B | 3.8B | 4.4B | 2.2B |
State Grid Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Interest Expense | 33.6M | 26.1M | 17.5M | 7.7M | 8.8M | 9.9M | |
| Total Revenue | 7.0B | 7.5B | 7.6B | 7.7B | 8.8B | 9.3B | |
| Operating Income | 581.2M | 716.3M | 855.8M | 795.2M | 914.5M | 960.2M | |
| Cost Of Revenue | 5.7B | 6.0B | 6.0B | 6.0B | 6.9B | 7.3B | |
| Income Before Tax | 679.4M | 769.7M | 884.0M | 903.8M | 1.0B | 1.1B | |
| Net Income | 623.4M | 677.1M | 801.6M | 828.2M | 952.5M | 1.0B | |
| Income Tax Expense | 44.7M | 56.2M | 92.6M | 82.4M | 94.8M | 99.5M | |
| Ebit | 530.1M | 525.4M | 662.4M | 756.7M | 870.2M | 463.5M | |
| Gross Profit | 1.3B | 1.4B | 1.6B | 1.7B | 1.9B | 991.5M | |
| Tax Provision | 56.0M | 92.6M | 82.4M | 75.5M | 86.8M | 51.8M | |
| Net Interest Income | (12.3M) | (3.8M) | 4.9M | 15.8M | 18.2M | 19.1M | |
| Interest Income | 24.3M | 32.1M | 26.1M | 27.2M | 31.3M | 15.9M | |
| Ebitda | 874.0M | 712.9M | 1.0B | 1.2B | 1.4B | 790.8M | |
| Research Development | 242.1M | 155.9M | 193.8M | 291.0M | 334.7M | 240.9M |
State Grid Key Cash Accounts
Cash flow analysis captures how much money flows into and out of State Grid Informati. It measures of how well State is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money State Grid brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money State had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what State Grid has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Dividends Paid | 188.7M | 224.2M | 237.0M | 253.6M | 291.6M | 306.2M | |
| Capital Expenditures | 332.1M | 497.5M | 575.7M | 424.3M | 487.9M | 512.3M | |
| Net Income | 623.4M | 677.1M | 800.7M | 836.0M | 961.4M | 1.0B | |
| Change To Inventory | (7.2M) | (42.1M) | 52.6M | 39.6M | 35.6M | 37.4M | |
| Net Borrowings | 38.5M | (315M) | (160M) | (334.3M) | (300.8M) | (285.8M) | |
| Change To Netincome | 9.4M | (60.8M) | (24.6M) | (11.4M) | (10.2M) | (9.7M) | |
| Change In Cash | 914.0M | (6.6M) | (85.8M) | 234.7M | 269.9M | 283.4M | |
| Depreciation | 133.7M | 221.3M | 268.3M | 350.5M | 403.1M | 423.2M | |
| End Period Cash Flow | 2.2B | 2.2B | 2.1B | 1.3B | 1.5B | 1.3B | |
| Free Cash Flow | 147.3M | 121.4M | 275.1M | 608.5M | 699.8M | 734.8M | |
| Other Non Cash Items | 47.9M | 46.4M | 31.9M | 21.7M | 19.5M | 38.7M |
State Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining State Grid's current stock value. Our valuation model uses many indicators to compare State Grid value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across State Grid competition to find correlations between indicators driving State Grid's intrinsic value. More Info.State Grid InformationCommunication is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.28 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for State Grid InformationCommunication is roughly 3.54 . Comparative valuation analysis is a catch-all model that can be used if you cannot value State Grid by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for State Grid's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.State Grid Informati Systematic Risk
State Grid's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. State Grid volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on State Grid Informati correlated with the market. If Beta is less than 0 State Grid generally moves in the opposite direction as compared to the market. If State Grid Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one State Grid Informati is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of State Grid is generally in the same direction as the market. If Beta > 1 State Grid moves generally in the same direction as, but more than the movement of the benchmark.
State Grid InformationCommunication Total Assets Over Time
State Grid Thematic Clasifications
State Grid InformationCommunication is part of several thematic ideas from ISP to Communication Services. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasState Grid February 27, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of State Grid help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of State Grid InformationCommunication. We use our internally-developed statistical techniques to arrive at the intrinsic value of State Grid InformationCommunication based on widely used predictive technical indicators. In general, we focus on analyzing State Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build State Grid's daily price indicators and compare them against related drivers.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 12.79 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 4.8 |
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When running State Grid's price analysis, check to measure State Grid's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy State Grid is operating at the current time. Most of State Grid's value examination focuses on studying past and present price action to predict the probability of State Grid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move State Grid's price. Additionally, you may evaluate how the addition of State Grid to your portfolios can decrease your overall portfolio volatility.
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