Wind energy and solar power continue to gain momentum as the New Energy ETF (159875) has reported an impressive cumulative increase of 22% over the past year. As of March 24, 2025, the ETF is showing strong performance in the renewable energy sector.
As of 10:45 AM on the same day, data indicated a 0.35% increase for the New Energy ETF. The market shows a mixed performance, with micro-cap stocks up 5.40%, large-cap stocks up 3.68%, and tech stocks up 3.38%. The trading volume of the New Energy ETF reached 1,206.04 million units.
Looking back to March 21, 2025, the ETF had a cumulative increase of 22.75% over the preceding year. The ETF has shown a market capitalization of 826.48 billion CNY, reflecting a steady growth trajectory. Recent figures show that the New Energy ETF has a net asset value of 356.96 billion CNY, with the latest cumulative net inflow reaching 3,427.12 billion CNY.
It’s noteworthy that the ETF’s price-to-book ratio (PB) stands at 2.16, showcasing a growth of 82.7% over the past five years, indicating its valuation is on the rise. According to data released by the national energy administration on February 20, 2025, the total installed capacity of renewable energy sources reached 34.0 billion watts, marking a 14.5% increase.
Within this sector, the combined capacity of wind and solar energy generation has reached 14.56 billion watts, surpassing that of thermal power generation by 42.8%. The rapid growth in demand for electric vehicles and the corresponding infrastructure is expected to further drive this momentum.
As for the latest statistics on February 28, 2025, the New Energy ETF’s main contributors include companies specializing in solar energy, wind energy, and various renewable technologies, collectively accounting for 43.51% of the ETF’s weight.
For real-time updates, the New Energy ETF is monitored through the New Wave Finance app, which provides detailed financial insights and performance reports.
