CGN POWER CO., LTD. Financials CGN Power Co., Ltd. Deutsche Boerse AG
Equities
94C
CNE100001T80
Independent Power Producers
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.206 EUR | -25.36% |
|
-24.82% | -0.96% |
| Apr. 25 | CGN Power’s Profit Up 3% in Q1 | MT |
| Apr. 24 | 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 | 162,317 | 126,565 | 144,697 | 123,984 | 143,192 | 186,981 | - | - |
| Enterprise Value (EV) 2 | 334,551 | 322,653 | 307,847 | 307,012 | 303,956 | 356,326 | 355,506 | 348,781 |
| P/E ratio | 9.32 x | 7.4 x | 9.99 x | 8.3 x | 8.88 x | 10.3 x | 10.2 x | 9.99 x |
| Yield | 3.98% | 5.72% | 4.36% | 5.32% | - | 4.26% | 4.5% | 5.23% |
| Capitalization / Revenue | 2.67 x | 1.79 x | 1.79 x | 1.5 x | 1.73 x | 2.14 x | 2.03 x | 1.99 x |
| EV / Revenue | 5.5 x | 4.57 x | 3.82 x | 3.71 x | 3.68 x | 4.09 x | 3.86 x | 3.71 x |
| EV / EBITDA | 12.6 x | 11.6 x | 8.64 x | 10.5 x | 9.34 x | 9.3 x | 9.05 x | 8.59 x |
| EV / FCF | 22.7 x | 19.4 x | 15 x | 15.7 x | 16.1 x | 21.5 x | 15.9 x | 15.7 x |
| FCF Yield | 4.4% | 5.16% | 6.65% | 6.36% | 6.21% | 4.65% | 6.28% | 6.36% |
| Price to Book | 1.07 x | 0.74 x | 0.96 x | 0.77 x | 0.84 x | 1.03 x | 0.97 x | 0.93 x |
| Nbr of stocks (in thousands) | 50,498,611 | 50,498,611 | 50,498,611 | 50,498,611 | 50,498,611 | 50,498,611 | - | - |
| Reference price 3 | 2.080 | 1.670 | 2.370 | 1.860 | 2.040 | 2.640 | 2.640 | 2.640 |
| Announcement Date | 2/26/20 | 3/18/21 | 3/17/22 | 3/15/23 | 3/27/24 | - | - | - |
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 | 87,221 | 92,010 | 93,972 |
| EBITDA 1 | 26,636 | 27,782 | 35,641 | 29,272 | 32,535 | 38,319 | 39,280 | 40,597 |
| EBIT 1 | 16,588 | 16,892 | 24,528 | 18,845 | 20,594 | 25,447 | 25,662 | 26,931 |
| Operating Margin | 27.25% | 23.93% | 30.4% | 22.75% | 24.95% | 29.18% | 27.89% | 28.66% |
| Earnings before Tax (EBT) 1 | 16,555 | 16,850 | 18,126 | 18,699 | 20,531 | 22,715 | 22,731 | 23,556 |
| Net income 1 | 9,466 | 9,562 | 9,733 | 9,965 | 10,725 | 12,059 | 12,122 | 12,663 |
| Net margin | 15.55% | 13.55% | 12.06% | 12.03% | 12.99% | 13.83% | 13.17% | 13.47% |
| EPS 2 | 0.2231 | 0.2256 | 0.2374 | 0.2241 | 0.2298 | 0.2553 | 0.2585 | 0.2643 |
| Free Cash Flow 1 | 14,725 | 16,652 | 20,470 | 19,529 | 18,874 | 16,568 | 22,342 | 22,176 |
| FCF margin | 24.19% | 23.59% | 25.37% | 23.58% | 22.86% | 18.99% | 24.28% | 23.6% |
| FCF Conversion (EBITDA) | 55.28% | 59.94% | 57.43% | 66.72% | 58.01% | 43.24% | 56.88% | 54.62% |
| FCF Conversion (Net income) | 155.56% | 174.14% | 210.33% | 195.98% | 175.99% | 137.39% | 184.31% | 175.13% |
| Dividend per Share 2 | 0.0829 | 0.0955 | 0.1033 | 0.0990 | - | 0.1125 | 0.1188 | 0.1382 |
| Announcement Date | 2/26/20 | 3/18/21 | 3/17/22 | 3/15/23 | 3/27/24 | - | - | - |
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 | 3/18/21 | 4/25/23 |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 172,234 | 196,088 | 163,149 | 183,027 | 160,763 | 169,344 | 168,524 | 161,800 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 6.466 x | 7.058 x | 4.578 x | 6.253 x | 4.941 x | 4.419 x | 4.29 x | 3.985 x |
| Free Cash Flow 1 | 14,725 | 16,652 | 20,470 | 19,529 | 18,874 | 16,568 | 22,342 | 22,176 |
| ROE (net income / shareholders' equity) | 11.8% | 10.4% | 9.92% | 9.63% | 9.64% | 9.52% | 9.46% | 8.98% |
| ROA (Net income/ Total Assets) | 2.5% | 2.45% | 2.46% | 2.42% | 2.58% | 2.9% | 3.11% | 3.38% |
| Assets 1 | 378,265 | 389,932 | 395,940 | 412,606 | 416,472 | 415,815 | 389,855 | 375,079 |
| Book Value Per Share 2 | 1.940 | 2.250 | 2.460 | 2.410 | 2.430 | 2.570 | 2.730 | 2.840 |
| 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 | 16,188 | 16,227 | 15,931 |
| Capex / Sales | 25.71% | 19.12% | 17.9% | 14.23% | 17.26% | 18.56% | 17.64% | 16.95% |
| Announcement Date | 2/26/20 | 3/18/21 | 3/17/22 | 3/15/23 | 3/27/24 | - | - | - |
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
2.64
HKD
Average target price
2.659
HKD
Spread / Average Target
+0.70%
EPS Revisions
Annual profits - Rate of surprise
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- Financials CGN Power Co., Ltd.
