---
title: "Guangdong Meiyan Jixiang Hydropower Co.,Ltd. (600868.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600868.SH.md"
symbol: "600868.SH"
name: "Guangdong Meiyan Jixiang Hydropower Co.,Ltd."
industry: "Independent Power and Renewable Electricity Producers"
datetime: "2026-05-20T15:56:35.237Z"
locales:
  - [en](https://longbridge.com/en/quote/600868.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600868.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600868.SH.md)
---

# Guangdong Meiyan Jixiang Hydropower Co.,Ltd. (600868.SH)

## Company Overview

Guangdong Meiyanjixiang Hydropower Co.,Ltd. generates hydroelectric power in China. The company is involved in real estate development and operation; manufacturing; and other related businesses; investment activities using own funds; wholesale and retail of commercial materials; energy performance contracting; and construction engineering. It also provides surveying and mapping services; geographic remote sensing information services; land consolidation services; information system integration services; planning and design management; land and space planning; data processing and storage support services; technology development, consulting, exchange, transfer, and promotion; power supply; and power generation, transmission, and distribution services.

| Item | Detail |
|------|--------|
| Industry | Independent Power and Renewable Electricity Producers |
| Exchange | CN Market |
| Website | [www.chinameiyan.com](https://www.chinameiyan.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-20T04:30:09.000Z

**Overall: C (0.60)**

**Industry**: Independent Power and Renewable Electricity Producers

| Metric | Value |
|--------|-------|
| Industry Ranking | 45 / 65 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 8.89% |  |
| Net Profit YoY | -6.20% |  |
| P/B Ratio | 3.51 |  |
| Dividend Ratio | 0.00% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 6807459236.95 |  |
| Revenue | 404572320.31 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -4.88% | D |
| Profit Margin | -23.59% | E |
| Gross Margin | 6.59% | E |
| Revenue YoY | 8.89% | B |
| Net Profit YoY | -6.20% | C |
| Total Assets YoY | -1.76% | D |
| Net Assets YoY | -5.22% | D |
| Cash Flow Margin | -89.62% | E |
| OCF YoY | 8.89% | B |
| Turnover | 0.14 | E |
| Gearing Ratio | 32.65% | B |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Guangdong Meiyan Jixiang Hydropower Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "8.89%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-6.20%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "3.51",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.00%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "6807459236.95",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "404572320.31",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "-4.88%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "-23.59%",
          "rating": "E"
        },
        {
          "name": "Gross Margin",
          "value": "6.59%",
          "rating": "E"
        },
        {
          "name": "Revenue YoY",
          "value": "8.89%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "-6.20%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "-1.76%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "-5.22%",
          "rating": "D"
        },
        {
          "name": "Cash Flow Margin",
          "value": "-89.62%",
          "rating": "E"
        },
        {
          "name": "OCF YoY",
          "value": "8.89%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "0.14",
          "rating": "E"
        },
        {
          "name": "Gearing Ratio",
          "value": "32.65%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -67.14 | 64/65 | - | - | - |
| PB | 3.31 | 59/65 | 3.77 | 3.23 | 2.71 |
| PS (TTM) | 15.84 | 62/65 | 23.57 | 17.98 | 14.59 |
| Dividend Yield | 0.00% | - | - | - | - |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | GGEP (600236.SH) | A | B | D | C | B | B |
| 02 | JXGNCL (000899.SZ) | B | B | C | D | A | B |
| 03 | Baolihua (000690.SZ) | B | B | C | C | B | B |
| 04 | QYDL (002039.SZ) | A | A | D | C | A | B |
| 05 | TEC (600780.SH) | C | C | A | B | B | B |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/600868.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/600868.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/600868.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/600868.SH/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**