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Chinese wind turbine maker supplying onshore and offshore turbines to wind farm developers.
Chinese wind turbine maker supplying onshore and offshore turbines to wind farm developers.
Sells turbines by tender to wind developers, with the price per unit of capacity falling in competitive rounds, so it must cut cost per turbine to keep a margin. After-sales service and maintenance on turbines already installed add smaller recurring income.
Moat: none (scale). A mid-tier domestic turbine maker in a crowded, price-competitive Chinese wind equipment market.
Headquarters: Hangzhou, Zhejiang, China · Founded: 2004 · Employees: 2,597
Size Windey Energy Technology (300772.SZ) is a China Industrials company (Electrical Products) with a market value of $1.09B, the 2135th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥9.37 on 6 Nov 2026.
Performance Over six months the shares fell 42.2%, against -26.7% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 20 in its peer set.
Growth Revenue grew 22.9% over the last twelve months (peer median +19.6%); the operating margin is -1.5% (peer median 4.5%).
Valuation It trades at 0.6× enterprise value to sales against a peer median of 2.6× (4th cheapest of 21).
Capital Return on invested capital runs 5.7 points below its cost of capital (5.0% WACC).
Next results Next results expected around 16 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥32.9B | CN¥29.4B | CN¥22.2B | CN¥18.7B | CN¥17.3B |
| Revenue growth | — | +33% | +19% | +8% | — |
| Gross profit | CN¥2.03B | CN¥2.13B | CN¥1.90B | CN¥2.48B | CN¥3.01B |
| EBITDA | n/a | CN¥523M | CN¥637M | CN¥360M | CN¥576M |
| Net income | -CN¥158M | CN¥340M | CN¥465M | CN¥414M | CN¥617M |
| Free cash flow | -CN¥6.06B | -CN¥2.48B | CN¥480M | CN¥172M | -CN¥1.09B |
| Capital expenditure | CN¥3.36B | CN¥3.10B | CN¥1.57B | CN¥1.60B | CN¥1.30B |
| Total debt | CN¥18.0B | CN¥17.6B | CN¥12.9B | CN¥10.8B | CN¥9.64B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Windey Energy Technology 300772.SZ | $1.09B | -42% | +23% | -2% | 0.6× | n/a |
| Goldwind Science & Technology 002202.SZ | $8.58B | -45% | +11% | 6% | 1.5× | n/a |
| Ming Yang Smart Energy 601615.SS | $2.80B | -47% | +8% | -4% | 1.5× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 300772.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.2% | -16.4% | 5th highest of 21 |
| 6-month return | -42.2% | -26.7% | 5th lowest of 20 |
| Distance from 52-week high | -57.4% | -49.4% | 8th lowest of 21 |
| Revenue growth (TTM) | +22.9% | +19.6% | 9th highest of 21 |
| Operating margin | -1.5% | 4.5% | lowest of 21 |
| EV / Sales | 0.6× | 2.6× | 4th cheapest of 21 |
| ROIC minus cost of capital | -5.7 pp | -1.5 pp | 5th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Windey Energy Technology 300772.SZ | China | $1.09B | -42% | +23% | -2% | 0.6× | n/a | n/a |
| Tokai Carbon Korea 064760.KS | South Korea | $1.10B | -53% | +23% | 28% | 4.0× | 8.8% | +5.7% |
| Dynapack International Technology 3211.TWO | Taiwan | $1.08B | -36% | +19% | 11% | 2.5× | 4.3% | -7.3% |
| Shanghai QiFan Cable 605222.SS | China | $1.11B | -51% | +12% | 2% | 0.6× | n/a | n/a |
| Xiangtan Electrochemical Scientific 002125.SZ | China | $1.08B | -25% | +1% | 9% | 4.1× | 19.4% | +9.2% |
| Shanghai Cooltech Power 300153.SZ | China | $1.11B | -27% | +84% | 5% | 2.3× | 37.0% | +20.3% |
| Baosheng Science & Technology Innovation 600973.SS | China | $1.11B | -26% | +31% | 1% | 0.3× | 9.1% | +6.9% |
| Jiangsu Cai Qin Technology 688182.SS | China | $1.12B | -39% | +86% | 9% | 6.3× | n/a | n/a |
| Quality Power Electrical Equipments QPOWER.NS | India | $1.12B | +7% | +90% | 19% | 10.0× | n/a | n/a |
| Shenzhen Highpower Technology 001283.SZ | China | $1.07B | 0% | +18% | 5% | 1.5× | n/a | n/a |
| Ongoal Technology 301662.SZ | China | $1.06B | -51% | -3% | 3% | 3.2× | 51.7% | n/a |
| American Superconductor AMSC | United States | $1.13B | -58% | +26% | 4% | 3.1× | 56.5% | +28.0% |
| Keli Motor 002892.SZ | China | $1.13B | -14% | +13% | -1% | 3.5× | n/a | n/a |
| Goldcup Electric Apparatus 002533.SZ | China | $1.14B | -21% | +23% | 3% | 0.6× | n/a | n/a |
| Voltamp Transformers VOLTAMP.NS | India | $1.04B | +1% | +18% | 15% | 4.3× | 35.4% | +25.5% |
| Hunan Valin Wire & Cable 001208.SZ | China | $1.04B | -36% | +20% | 2% | 1.7× | 32.0% | +21.6% |
| Zhejiang Yankon 600261.SS | China | $1.03B | +52% | -2% | 4% | 2.0× | 10.2% | -11.1% |
| Guangzhou Zhiguang Electric 002169.SZ | China | $1.02B | -34% | +28% | 1% | 2.8× | n/a | n/a |
| Shenzhen Senior Technology Material 6067.HK | Hong Kong | $1.02B | n/a | +53% | 10% | 3.3× | n/a | n/a |
| Harbin Electric Corp. Jiamusi Electric Machine 000922.SZ | China | $1.18B | -22% | +3% | 7% | 1.5× | 11.1% | +15.8% |
| Shenzhen Mason Technologies 002654.SZ | China | $1.18B | -34% | -6% | 1% | 1.8× | n/a | n/a |