Anuncio • Apr 15
GD Power Development Co.,Ltd, Annual General Meeting, May 14, 2026 GD Power Development Co.,Ltd, Annual General Meeting, May 14, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China Anuncio • Mar 30
GD Power Development Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026 GD Power Development Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026 Anuncio • Dec 26
GD Power Development Co.,Ltd to Report Fiscal Year 2025 Results on Apr 15, 2026 GD Power Development Co.,Ltd announced that they will report fiscal year 2025 results on Apr 15, 2026 Anuncio • Sep 30
GD Power Development Co.,Ltd to Report Q3, 2025 Results on Oct 28, 2025 GD Power Development Co.,Ltd announced that they will report Q3, 2025 results on Oct 28, 2025 Anuncio • Jun 30
GD Power Development Co.,Ltd to Report First Half, 2025 Results on Aug 19, 2025 GD Power Development Co.,Ltd announced that they will report first half, 2025 results on Aug 19, 2025 Anuncio • Apr 16
GD Power Development Co.,Ltd, Annual General Meeting, May 13, 2025 GD Power Development Co.,Ltd, Annual General Meeting, May 13, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China Anuncio • Mar 28
GD Power Development Co.,Ltd to Report Q1, 2025 Results on Apr 26, 2025 GD Power Development Co.,Ltd announced that they will report Q1, 2025 results on Apr 26, 2025 Anuncio • Dec 27
GD Power Development Co.,Ltd to Report Fiscal Year 2024 Results on Apr 16, 2025 GD Power Development Co.,Ltd announced that they will report fiscal year 2024 results on Apr 16, 2025 Declared Dividend • Oct 28
Dividend of CN¥0.09 announced Shareholders will receive a dividend of CN¥0.09. Ex-date: 31st October 2024 Payment date: 31st October 2024 Dividend yield will be 3.2%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 6.7% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.15 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.14 (down from CN¥0.15 in 3Q 2023). Revenue: CN¥48.0b (down 2.7% from 3Q 2023). Net income: CN¥2.47b (down 6.1% from 3Q 2023). Profit margin: 5.2% (down from 5.3% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Anuncio • Sep 30
GD Power Development Co.,Ltd to Report Q3, 2024 Results on Oct 25, 2024 GD Power Development Co.,Ltd announced that they will report Q3, 2024 results on Oct 25, 2024 Reported Earnings • Aug 20
Second quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.11 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.28 (up from CN¥0.11 in 2Q 2023). Revenue: CN¥40.3b (down 6.4% from 2Q 2023). Net income: CN¥4.93b (up 144% from 2Q 2023). Profit margin: 12% (up from 4.7% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Director Chaoan Liu was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Anuncio • Jun 28
GD Power Development Co.,Ltd to Report First Half, 2024 Results on Aug 20, 2024 GD Power Development Co.,Ltd announced that they will report first half, 2024 results on Aug 20, 2024 Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.054 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.10 (up from CN¥0.054 in 1Q 2023). Revenue: CN¥45.6b (flat on 1Q 2023). Net income: CN¥1.78b (up 85% from 1Q 2023). Profit margin: 3.9% (up from 2.1% in 1Q 2023). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Apr 16
GD Power Development Co.,Ltd, Annual General Meeting, May 07, 2024 GD Power Development Co.,Ltd, Annual General Meeting, May 07, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China Reported Earnings • Apr 16
Full year 2023 earnings released: EPS: CN¥0.31 (vs CN¥0.15 in FY 2022) Full year 2023 results: EPS: CN¥0.31 (up from CN¥0.15 in FY 2022). Revenue: CN¥181.0b (down 6.1% from FY 2022). Net income: CN¥5.61b (up 99% from FY 2022). Profit margin: 3.1% (up from 1.5% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Anuncio • Mar 29
GD Power Development Co.,Ltd to Report Q1, 2024 Results on Apr 27, 2024 GD Power Development Co.,Ltd announced that they will report Q1, 2024 results on Apr 27, 2024 Anuncio • Dec 29
GD Power Development Co.,Ltd to Report Fiscal Year 2023 Results on Apr 16, 2024 GD Power Development Co.,Ltd announced that they will report fiscal year 2023 results on Apr 16, 2024 Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.15 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.15 (down from CN¥0.15 in 3Q 2022). Revenue: CN¥49.4b (down 11% from 3Q 2022). Net income: CN¥2.64b (down 2.7% from 3Q 2022). Profit margin: 5.3% (up from 4.9% in 3Q 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Anuncio • Sep 30
GD Power Development Co.,Ltd to Report Q3, 2023 Results on Oct 27, 2023 GD Power Development Co.,Ltd announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.071 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.11 (up from CN¥0.071 in 2Q 2022). Revenue: CN¥43.0b (down 3.1% from 2Q 2022). Net income: CN¥2.02b (up 58% from 2Q 2022). Profit margin: 4.7% (up from 2.9% in 2Q 2022). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Anuncio • Jun 28
GD Power Development Co.,Ltd to Report First Half, 2023 Results on Aug 22, 2023 GD Power Development Co.,Ltd announced that they will report first half, 2023 results on Aug 22, 2023 Reported Earnings • Apr 16
Full year 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.11 loss in FY 2021) Full year 2022 results: EPS: CN¥0.15 (up from CN¥0.11 loss in FY 2021). Revenue: CN¥192.7b (up 15% from FY 2021). Net income: CN¥2.82b (up CN¥4.67b from FY 2021). Profit margin: 1.5% (up from net loss in FY 2021). Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.026 loss in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.026 loss in 3Q 2021). Revenue: CN¥55.1b (down 7.6% from 3Q 2021). Net income: CN¥2.74b (up CN¥3.25b from 3Q 2021). Profit margin: 5.0% (up from net loss in 3Q 2021). The move to profitability was driven by lower expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.071 (vs CN¥0.037 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.071 (up from CN¥0.037 in 2Q 2021). Revenue: CN¥44.4b (up 52% from 2Q 2021). Net income: CN¥1.28b (up 85% from 2Q 2021). Profit margin: 2.9% (up from 2.4% in 2Q 2021). Over the next year, revenue is forecast to grow 1.4%, compared to a 15% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Reported Earnings • Apr 27
Full year 2021 earnings released: CN¥0.11 loss per share (vs CN¥0.13 profit in FY 2020) Full year 2021 results: CN¥0.11 loss per share (down from CN¥0.13 profit in FY 2020). Revenue: CN¥168.2b (up 45% from FY 2020). Net loss: CN¥1.85b (down 170% from profit in FY 2020). Over the next year, revenue is expected to shrink by 22% compared to a 11% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Debu Gao was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 31
Third quarter 2021 earnings released: CN¥0.026 loss per share (vs CN¥0.077 profit in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: CN¥59.6b (up 98% from 3Q 2020). Net loss: CN¥515.5m (down 133% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥2.86, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 18x in the Renewable Energy industry in China. Total returns to shareholders of 22% over the past three years. Reported Earnings • Aug 24
Second quarter 2021 earnings released: EPS CN¥0.037 (vs CN¥0.059 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥29.2b (up 6.9% from 2Q 2020). Net income: CN¥693.0m (down 51% from 2Q 2020). Profit margin: 2.4% (down from 5.2% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Apr 21
Full year 2020 earnings released: EPS CN¥0.13 (vs CN¥0.087 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: CN¥116.4b (flat on FY 2019). Net income: CN¥2.63b (up 41% from FY 2019). Profit margin: 2.3% (up from 1.6% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Dec 18
New 90-day high: CN¥2.20 The company is up 2.0% from its price of CN¥2.16 on 18 September 2020. The Chinese market is also up 2.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Renewable Energy industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥4.94 per share. Is New 90 Day High Low • Nov 27
New 90-day high: CN¥2.19 The company is up 7.0% from its price of CN¥2.05 on 28 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥4.29 per share. Reported Earnings • Nov 02
Third quarter 2020 earnings released: EPS CN¥0.077 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: CN¥30.2b (flat on 3Q 2019). Net income: CN¥1.54b (up 105% from 3Q 2019). Profit margin: 5.1% (up from 2.5% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 27
New 90-day low: CN¥1.99 The company is down 1.0% from its price of CN¥2.02 on 29 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥5.01 per share.