CGN POWER CO., LTD. Financials CGN Power Co., Ltd. Deutsche Boerse AG
Equities
94C
CNE100001T80
Independent Power Producers
|
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.23 EUR | -32.35% |
|
+13.86% | +10.58% |
| 25/04 | CGN Power’s Profit Up 3% in Q1 | MT |
| 24/04 | CGN Power Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,62,317 | 1,26,565 | 1,44,697 | 1,23,984 | 1,43,192 | 1,91,058 | - | - |
| Enterprise Value (EV) 2 | 3,34,551 | 3,22,653 | 3,07,847 | 3,07,012 | 3,03,956 | 3,60,396 | 3,59,555 | 3,52,132 |
| P/E ratio | 9.32 x | 7.4 x | 9.99 x | 8.3 x | 8.88 x | 11.4 x | 11.2 x | 11 x |
| Yield | 3.98% | 5.72% | 4.36% | 5.32% | 4.99% | 3.86% | 4.07% | 4.31% |
| Capitalization / Revenue | 2.67 x | 1.79 x | 1.79 x | 1.5 x | 1.73 x | 2.18 x | 2.07 x | 2.01 x |
| EV / Revenue | 5.5 x | 4.57 x | 3.82 x | 3.71 x | 3.68 x | 4.12 x | 3.9 x | 3.7 x |
| EV / EBITDA | 12.6 x | 11.6 x | 8.64 x | 10.5 x | 9.34 x | 9.44 x | 9.19 x | 8.77 x |
| EV / FCF | 22.7 x | 19.4 x | 15 x | 15.7 x | 16.1 x | 22.4 x | 17.4 x | 17 x |
| FCF Yield | 4.4% | 5.16% | 6.65% | 6.36% | 6.21% | 4.47% | 5.75% | 5.88% |
| Price to Book | 1.07 x | 0.74 x | 0.96 x | 0.77 x | 0.84 x | 1.13 x | 1.07 x | 1.01 x |
| Nbr of stocks (in thousands) | 5,04,98,611 | 5,04,98,611 | 5,04,98,611 | 5,04,98,611 | 5,04,98,611 | 5,04,98,611 | - | - |
| Reference price 3 | 2.080 | 1.670 | 2.370 | 1.860 | 2.040 | 2.910 | 2.910 | 2.910 |
| Announcement Date | 26/02/20 | 18/03/21 | 17/03/22 | 15/03/23 | 27/03/24 | - | - | - |
1HKD in Million2CNY in Million3HKD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 60,875 | 70,585 | 80,679 | 82,822 | 82,549 | 87,524 | 92,198 | 95,279 |
| EBITDA 1 | 26,636 | 27,782 | 35,641 | 29,272 | 32,535 | 38,179 | 39,145 | 40,168 |
| EBIT 1 | 16,588 | 16,892 | 24,528 | 18,845 | 20,594 | 25,847 | 25,776 | 26,895 |
| Operating Margin | 27.25% | 23.93% | 30.4% | 22.75% | 24.95% | 29.53% | 27.96% | 28.23% |
| Earnings before Tax (EBT) 1 | 16,555 | 16,850 | 18,126 | 18,699 | 20,531 | 22,401 | 22,917 | 23,875 |
| Net income 1 | 9,466 | 9,562 | 9,733 | 9,965 | 10,725 | 11,953 | 12,128 | 12,579 |
| Net margin | 15.55% | 13.55% | 12.06% | 12.03% | 12.99% | 13.66% | 13.15% | 13.2% |
| EPS 2 | 0.2231 | 0.2256 | 0.2374 | 0.2241 | 0.2298 | 0.2548 | 0.2587 | 0.2649 |
| Free Cash Flow 1 | 14,725 | 16,652 | 20,470 | 19,529 | 18,874 | 16,104 | 20,684 | 20,703 |
| FCF margin | 24.19% | 23.59% | 25.37% | 23.58% | 22.86% | 18.4% | 22.43% | 21.73% |
| FCF Conversion (EBITDA) | 55.28% | 59.94% | 57.43% | 66.72% | 58.01% | 42.18% | 52.84% | 51.54% |
| FCF Conversion (Net income) | 155.56% | 174.14% | 210.33% | 195.98% | 175.99% | 134.72% | 170.54% | 164.59% |
| Dividend per Share 2 | 0.0829 | 0.0955 | 0.1033 | 0.0990 | 0.1018 | 0.1123 | 0.1185 | 0.1254 |
| Announcement Date | 26/02/20 | 18/03/21 | 17/03/22 | 15/03/23 | 27/03/24 | - | - | - |
1CNY in Million2HKD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S2 | 2023 Q1 |
|---|---|---|
| Net sales | 39,078 | - |
| EBITDA | - | - |
| EBIT | - | - |
| Operating Margin | - | - |
| Earnings before Tax (EBT) | 7,898 | - |
| Net income 1 | 4,357 | 3,486 |
| Net margin | 11.15% | - |
| EPS | - | - |
| Dividend per Share | - | - |
| Announcement Date | 18/03/21 | 25/04/23 |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,72,234 | 1,96,088 | 1,63,149 | 1,83,027 | 1,60,763 | 1,69,338 | 1,68,497 | 1,61,074 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 6.466 x | 7.058 x | 4.578 x | 6.253 x | 4.941 x | 4.435 x | 4.304 x | 4.01 x |
| Free Cash Flow 1 | 14,725 | 16,652 | 20,470 | 19,529 | 18,874 | 16,104 | 20,684 | 20,703 |
| ROE (net income / shareholders' equity) | 11.8% | 10.4% | 9.92% | 9.63% | 9.64% | 9.98% | 9.23% | 9.37% |
| ROA (Net income/ Total Assets) | 2.5% | 2.45% | 2.46% | 2.42% | 2.58% | 3.49% | 3.41% | 3.69% |
| Assets 1 | 3,78,265 | 3,89,932 | 3,95,940 | 4,12,606 | 4,16,472 | 3,42,709 | 3,55,461 | 3,41,325 |
| Book Value Per Share 2 | 1.940 | 2.250 | 2.460 | 2.410 | 2.430 | 2.570 | 2.730 | 2.870 |
| Cash Flow per Share 2 | 0.7100 | 0.7100 | 0.8500 | 0.7100 | 0.7100 | 0.7700 | 0.7500 | 0.7700 |
| Capex 1 | 15,653 | 13,495 | 14,441 | 11,789 | 14,246 | 16,403 | 16,729 | 16,900 |
| Capex / Sales | 25.71% | 19.12% | 17.9% | 14.23% | 17.26% | 18.74% | 18.14% | 17.74% |
| Announcement Date | 26/02/20 | 18/03/21 | 17/03/22 | 15/03/23 | 27/03/24 | - | - | - |
1CNY in Million2HKD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
12
Last Close Price
2.91
HKD
Average target price
2.783
HKD
Spread / Average Target
-4.38%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +23.73% | 24.23B |
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