Vestas Wind Systems A/S Stock
€14.51
Your prediction
Vestas Wind Systems A/S Stock
Vestas Wind Systems A/S is a Danish company that designs, manufactures, installs and services wind turbines globally. The company is one of the world's leading producers of wind turbines, with a market share of over 20%. Vestas offers a range of wind turbines for onshore and offshore use, designed for various wind conditions and customer needs. In addition to wind turbine production, the company offers comprehensive maintenance services and operates a global network of service centers. Vestas is committed to sustainability and aims to help customers transition to renewable energy sources. The company has a strong financial track record, profitable growth, and a solid market position in the wind energy industry.
Pros and Cons of Vestas Wind Systems A/S in the next few years
Pros
Cons
Performance of Vestas Wind Systems A/S vs. its peers
Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
---|---|---|---|---|---|---|---|
Vestas Wind Systems A/S | 0.000% | 3.978% | 9.928% | -42.326% | 8.733% | -39.310% | -24.579% |
Vestas Wind Systems A/S ADR | 2.170% | 2.222% | 13.861% | -45.882% | 7.477% | -41.772% | -27.215% |
JinkoSolar Holding Co. Ltd. ADR | -1.770% | 9.857% | 1.074% | -27.607% | -28.824% | -70.868% | 6.810% |

sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Analyzing the financial health of Vestas Wind, a prominent player in the renewable energy sector, reveals a mixed picture. While the company exhibits strengths in certain areas, such as its substantial assets and revenue generation, there are significant concerns regarding profitability and market performance. The following sections delve deeper into the pros and cons, presenting a comprehensive overview of Vestas Wind’s financials.
Strong Asset Base
Vestas Wind touts total assets of around €22.51 billion as of December 31, 2023, reflecting a solid foundation to support its operations. Having a robust asset portfolio indicates the potential for future revenue generation, as these assets can be leveraged for growth and investment.
Decent Cash Position
As of the same date, the company's cash holdings reached approximately €3.29 billion. This sizeable cash reserve provides Vestas with liquidity that is essential for managing short-term obligations, investing in new projects, or weathering market fluctuations.
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