Annuncio • May 26
SDIC Power Holdings Co., Ltd, Annual General Meeting, Jun 15, 2026 SDIC Power Holdings Co., Ltd, Annual General Meeting, Jun 15, 2026, at 14:00 China Standard Time. Location: No. 147, Xizhimen South Side Street, Xicheng District, Beijing China Board Change • May 20
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Chairman of the Supervisory Board Lixin Qu is the most experienced director on the board, commencing their role in 2019. Independent Director Yongyi Ma was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Annuncio • May 02
Sdic Power Holdings Co., Ltd Recommends Cash Dividend for the Year 2025 SDIC Power Holdings Co. Ltd. recommended a cash dividend of RMB 0.5081 (pre-tax) per share, based on the total share capital of 8,004,494,262 shares as of December 31, 2025, resulting in a total cash dividend distribution for the year 2025 of RMB 4,067,083,534.52, representing approximately 55% of the Company's net profit attributable to shareholders of the listed company for the year. This resolution is subject to approval by the General Meeting of Shareholders. Annuncio • Mar 30
SDIC Power Holdings Co., Ltd to Report Q1, 2026 Results on Apr 30, 2026 SDIC Power Holdings Co., Ltd announced that they will report Q1, 2026 results on Apr 30, 2026 Annuncio • Dec 26
SDIC Power Holdings Co., Ltd to Report Fiscal Year 2025 Results on Apr 30, 2026 SDIC Power Holdings Co., Ltd announced that they will report fiscal year 2025 results on Apr 30, 2026 Annuncio • Sep 30
SDIC Power Holdings Co., Ltd to Report Q3, 2025 Results on Oct 31, 2025 SDIC Power Holdings Co., Ltd announced that they will report Q3, 2025 results on Oct 31, 2025 Annuncio • Jun 30
SDIC Power Holdings Co., Ltd to Report First Half, 2025 Results on Aug 30, 2025 SDIC Power Holdings Co., Ltd announced that they will report first half, 2025 results on Aug 30, 2025 Annuncio • Jun 24
SDIC Power Holdings Co., Ltd(SHSE:600886) dropped from Shanghai Stock Exchange 180 Value Index SDIC Power Holdings Co., Ltd removed Annuncio • May 28
SDIC Power Holdings Co., Ltd, Annual General Meeting, Jun 18, 2025 SDIC Power Holdings Co., Ltd, Annual General Meeting, Jun 18, 2025, at 14:00 China Standard Time. Location: No. 147, Xizhimen South Side Street, Xicheng District, Beijing China Annuncio • Mar 28
SDIC Power Holdings Co., Ltd to Report Q1, 2025 Results on Apr 30, 2025 SDIC Power Holdings Co., Ltd announced that they will report Q1, 2025 results on Apr 30, 2025 Annuncio • Mar 01
SDIC Power Holdings Co., Ltd Announces Resignation of Li Junxi as A Director, A Member of the Nomination Committee, and A Member of the Remuneration and Assessment Committee The Board of Directors of SDIC Power Holdings Co Ltd. has recently received the resignation from Mr. Li Junxi, a director of the Company. Mr. Li intends to resign from his positions as a director, a member of the Nomination Committee, and a member of the Remuneration and Assessment Committee due to work adjustments, and confirms that there is no disagreement between him and the Board of Directors nor matters requiring the attention of the Company's shareholders or creditors. Annuncio • Dec 27
SDIC Power Holdings Co., Ltd to Report Fiscal Year 2024 Results on Apr 30, 2025 SDIC Power Holdings Co., Ltd announced that they will report fiscal year 2024 results on Apr 30, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.37 (vs CN¥0.36 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.37 (up from CN¥0.36 in 3Q 2023). Revenue: CN¥17.3b (up 6.9% from 3Q 2023). Net income: CN¥2.83b (up 4.4% from 3Q 2023). Profit margin: 16% (in line with 3Q 2023). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Annuncio • Sep 30
SDIC Power Holdings Co., Ltd to Report Q3, 2024 Results on Oct 31, 2024 SDIC Power Holdings Co., Ltd announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.22 (vs CN¥0.23 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.22 (down from CN¥0.23 in 2Q 2023). Revenue: CN¥13.0b (flat on 2Q 2023). Net income: CN¥1.71b (flat on 2Q 2023). Profit margin: 13% (in line with 2Q 2023). Revenue is forecast to grow 5.9% 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 30% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Declared Dividend • Aug 03
Dividend of CN¥0.49 announced Shareholders will receive a dividend of CN¥0.49. Ex-date: 9th August 2024 Payment date: 9th August 2024 Dividend yield will be 2.9%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but not covered by cash flows (335% cash payout ratio). The dividend has increased by an average of 49% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jun 28
SDIC Power Holdings Co., Ltd to Report First Half, 2024 Results on Aug 29, 2024 SDIC Power Holdings Co., Ltd announced that they will report first half, 2024 results on Aug 29, 2024 Annuncio • May 30
SDIC Power Holdings Co., Ltd, Annual General Meeting, Jun 19, 2024 SDIC Power Holdings Co., Ltd, Annual General Meeting, Jun 19, 2024, at 14:00 China Standard Time. Location: No. 147, Xizhimen South Side Street, Xicheng District, Beijing China Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.27 (vs CN¥0.21 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.27 (up from CN¥0.21 in 1Q 2023). Revenue: CN¥14.1b (up 6.4% from 1Q 2023). Net income: CN¥2.04b (up 26% from 1Q 2023). Profit margin: 14% (up from 12% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 7.4% 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 whereas the company’s share price has increased by 17% per year. Annuncio • Apr 26
Sdic Power Holdings Co., Ltd Approves Appointment of Guo Xuyuan as the Chairman of the 12Th Board of Directors SDIC Power Holdings Co. Ltd. announced that according to the Company Law, the Articles of Association and relevant regulations, the Company convened the 26th meeting of its 12th Board of Directors on April 25, 2024. The meeting reviewed and passed the "Proposal on the Election of the Company's Chairman of the Board", agreeing to elect Mr. Guo Xuyuan as the Chairman of the 12th Board of Directors, with a term consistent with that of the 12th Board of Directors. Guo Xuyuan, male, 51 years old, is a senior engineer with a master's degree in engineering. He has successively served as the Director of Planning and Development Department; Director of Planning and Development Department & Director of Environmental Protection Management Center; Director of Engineering Management Department & Director of Strategic Development Department and Environmental Protection Management Center; Chief Infrastructure Engineer & Director of Strategic Development Department, Engineering Management Department and Environmental Protection Management Center; Chief Infrastructure Engineer & Director of Strategic Development Department; Chief Infrastructure Engineer; Deputy General Manager & Chief Infrastructure Engineer; Deputy General Manager; and General Manager of Yalong River Hydropower Development Co. Ltd. He currently serves as the Chairman of Yalong River Hydropower Development Co. Ltd. and SDIC Power Holdings Co. Ltd. Annuncio • Apr 09
SDIC Power Holdings Co., Ltd Announces Resignation of Zhu Jiwei as Director and the Chairman of the Board, the Chairman of the Strategy Committee and the Legal Representative The Board of Directors of SDIC Power Holdings Co. Ltd. recently received a letter of resignation from Mr. Zhu Jiwei, Chairman of the Company. Due to work adjustments, Mr. Zhu Jiwei plans to resign from his position as a director of the Company and will no longer serve as the Chairman of the Board, the Chairman of the Strategy Committee and the legal representative of the Company. Mr. Zhu Jiwei confirms that he has no disagreement with the Board of Directors of the Company and that there is no need to bring any matters to the attention of the shareholders and creditors of the Company. The Board of Directors recognizes the work done by Mr. Zhu Jiwei during his tenure, highly commends his contributions to the Company's development over the years, and expresses sincere gratitude to him. Annuncio • Mar 29
SDIC Power Holdings Co., Ltd to Report Q1, 2024 Results on Apr 30, 2024 SDIC Power Holdings Co., Ltd announced that they will report Q1, 2024 results on Apr 30, 2024 Annuncio • Mar 01
SDIC Power Holdings Co., Ltd Announces Board Changes SDIC Power Holdings Co. Ltd. announced that through voting at the employee congress, Mr. Zhang Zijian and Mr. Zhao Lijun were elected as the Employee Director of the 12th Board of Directors and the Employee Supervisor of the 12th Supervisory Committee, respectively. Their term of office shall commence from February 28, 2024 and expire at the conclusion of the 12th Board of Directors and Supervisory Committee. Zhang Zijian, male, aged 43, a holder of bachelor's degree in Engineering, Engineer. He has served successively as the Manager of the Party-Mass Work Department (Supervision Department) and the Human Resources Department, as well as the Employee Supervisor of SDIC Power. Currently, he is the manager of Human Resources Department (Party Committee Organization Department) of SDIC Power. Zhao Lijun, male, aged 46, a bachelor's degree in management and is a senior accountant. He has served successively as the Senior Financial Manager of the Finance Department and the Financial Director of the West Asia and Africa Division at China CAMC Engineering Co Ltd, the Deputy Manager of the Finance Department at China National Complete Plant Import Export Corporation, and the Deputy Manager of the Planning and Finance Department at SDIC Power. He is currently the Manager of the Finance Management Department at SDIC Power. Annuncio • Dec 30
SDIC Power Holdings Co., Ltd to Report Fiscal Year 2023 Results on Apr 30, 2024 SDIC Power Holdings Co., Ltd announced that they will report fiscal year 2023 results on Apr 30, 2024 Annuncio • Nov 24
SDIC Power Holdings Co., Ltd Announces Change in Board Secretary SDIC Power Holdings Co. Ltd. held the 17th Meeting of the 12th Board of Directors on October 24, 2023, and approved the Proposal of The Appointment of Senior Executives including Secretary of the Board of Directors. It was agreed to appoint Mr. Gao Hai as the Secretary of the Board of Directors of the Company. Since Mr. Gao Hai had not yet obtained the Certificate of Office-holding Training for Secretary of the Board of Directors issued by the Shanghai Stock Exchange, Mr. Zhu Jiwei, the Chairman of the Board, would temporarily assume the responsibilities of the Secretary of the Board of Directors. The appointment of Mr. Gao Hai will take effect formally after he obtains the relevant certificate. On November 22, 2023, Mr. Gao Hai obtained theCertificate of Office-holding Training for Secretary of the Board of Directorsissued by the Shanghai Stock Exchange. Mr. Gao Hai will officially assume his duties as the Secretary of the Board of Directors from the date of obtaining the Certificate, and Mr. Zhu Jiwei, Chairman of the Board, will no longer act as the Secretary of the Board of Directors. Reported Earnings • Oct 28
Third quarter 2023 earnings released: EPS: CN¥0.36 (vs CN¥0.23 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.36 (up from CN¥0.23 in 3Q 2022). Revenue: CN¥16.2b (up 4.6% from 3Q 2022). Net income: CN¥2.72b (up 53% from 3Q 2022). Profit margin: 17% (up from 12% in 3Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 3.3% 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 8% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Annuncio • Oct 25
SDIC Power Holdings Co., Ltd Announces Board and Executives Changes SDIC Power Holdings Co. Ltd. announce that Mr. ZHOU Changxin has been appointed as the Chief Accountant (Chief Financial Officer) of the Company, and will no longer serve as the Deputy General Manager of the Company. GAO Hai has been appointed as the Deputy General Manager of the Company, and will no longer serve as the Director of the Company. At the same time, it is proposed to appoint Mr. Gao Hai as the Secretary of the Board of Directors of the Company. Mr. Gao Hai has the necessary professional knowledge and ability to perform the duties of such position, and his qualifications comply with relevant provisions of the Company Law, the Listing Rules of the Shanghai Stock Exchange and the Articles of Association. As Mr. Gao Hai has not obtained the Certificate of Office-holding Training for Secretary of the Board of Directors issued by Shanghai Stock Exchange, Mr. Zhu Jiwei, Chairman of the Company, is temporarily acting as the Secretary of the Board of Directors, and the appointment of Mr. Gao Hai will take effect after he obtains the relevant certificate. Mr. Yang Lin has resigned as the Secretary of the Board of Directors and General Counsel of the Company. Zhou Changxin, male, born in July 1974, Master Degree, Doctor of Management, Senior Accountant. He successively served as the Deputy General Manager of Guangxi Railway Investment Group Co. Ltd., Chief Accountant of Guangxi Tourism Development Group Co. Ltd., Chief Accountant of China New Era Holding Group Co. Ltd., and Deputy General Manager of SDIC Power Holdings Co. Ltd. He is currently the Chief Financial Officer at SDIC Power Holdings Co. Ltd. Gao Hai, male, born in April 1968, Bachelor Degree, Bachelor of Economics, Senior Economist. He successively served as the Deputy Manager of the Comprehensive Department, Manager of the Fuel Management Department, Assistant General Manager, and Manager of the Business Management Department of SDIC Power Holdings Co. Ltd., as well as a Director. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.23 (vs CN¥0.17 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.23 (up from CN¥0.17 in 2Q 2022). Revenue: CN¥13.1b (up 13% from 2Q 2022). Net income: CN¥1.72b (up 32% from 2Q 2022). Profit margin: 13% (up from 11% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.2% 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 19% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Annuncio • Jun 28
SDIC Power Holdings Co., Ltd to Report First Half, 2023 Results on Aug 30, 2023 SDIC Power Holdings Co., Ltd announced that they will report first half, 2023 results on Aug 30, 2023 Annuncio • Jun 07
SDIC Power Holdings Co., Ltd, Annual General Meeting, Jun 27, 2023 SDIC Power Holdings Co., Ltd, Annual General Meeting, Jun 27, 2023, at 14:00 China Standard Time. Location: Room 207, No.147 Xizhimen Nanxiao Street, Xicheng District, Beijing, the PRC Beijing China Agenda: To consider and approve the 2022 Work Report of the Board of Directors; To consider and approve the 2022 Work Report of the Supervisory Committee; To consider and approve the Proposal on 2022 Work Report of Independent Directors; Toconsider and approve the Report on Final Accounts of the Company for 2022; To consider and approve the Proposal on 2023 Operation Plan; To consider and approve the Proposal on 2022 Annual Profit Distribution Plan; To consider and approve the Proposal on the Subsidiary's Registration and Release of Medium-Term Notes and Corporate Bonds. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.13 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.13 in 1Q 2022). Revenue: CN¥13.3b (up 20% from 1Q 2022). Net income: CN¥1.61b (up 56% from 1Q 2022). Profit margin: 12% (up from 9.4% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Annuncio • Jan 14
SDIC Power Holdings Co., Ltd Provides Preliminary Earnings Guidance for the Year December 31, 2022 SDIC Power Holdings Co. Ltd. provided preliminary earnings guidance for the year December 31, 2022. According to the preliminary calculation of the Financial Department of the company, the net profits attributable to shareholders of listed companies are predicted to range from RMB 3.65 billion to RMB 4.35 billion in 2022, with a year-on-year increase of RMB 1.213 billion to RMB 1.913 billion and a year-on-year increase rate of 49.78% to 78.51% compared with the same period of the previous year before retroactive adjustment (the statutory disclosure data in 2021). Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Lizi Zhang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.23 (vs CN¥0.16 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.23 (up from CN¥0.16 in 3Q 2021). Revenue: CN¥15.5b (up 19% from 3Q 2021). Net income: CN¥1.78b (up 58% from 3Q 2021). Profit margin: 12% (up from 8.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.15 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.17 (up from CN¥0.15 in 2Q 2021). Revenue: CN¥11.7b (up 15% from 2Q 2021). Net income: CN¥1.31b (up 17% from 2Q 2021). Profit margin: 11% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 6.4%, 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 24% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.17 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.13 (down from CN¥0.17 in 1Q 2021). Revenue: CN¥11.0b (up 20% from 1Q 2021). Net income: CN¥1.04b (down 15% from 1Q 2021). Profit margin: 9.4% (down from 13% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 9.5% growth forecast for the 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 7% per year, which means it is well ahead of earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Lizi Zhang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.16 (vs CN¥0.31 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥13.0b (up 6.7% from 3Q 2020). Net income: CN¥1.12b (down 47% from 3Q 2020). Profit margin: 8.6% (down from 18% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥11.35, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Renewable Energy industry in China. Total returns to shareholders of 61% over the past three years. Reported Earnings • Sep 04
Second quarter 2021 earnings released: EPS CN¥0.15 (vs CN¥0.23 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¥10.1b (up 2.1% from 2Q 2020). Net income: CN¥1.12b (down 30% from 2Q 2020). Profit margin: 11% (down from 16% 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 10% per year whereas the company’s share price has increased by 11% per year. Reported Earnings • Apr 30
First quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.21 in 1Q 2020) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥9.19b (up 21% from 1Q 2020). Net income: CN¥1.22b (down 18% from 1Q 2020). Profit margin: 13% (down from 20% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year and the company’s share price has also increased by 14% per year. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥10.18, the stock is trading at a trailing P/E ratio of 12.6x, up from the previous P/E ratio of 10.8x. This compares to an average P/E of 19x in the Renewable Energy industry in China. Total returns to shareholders over the past three years are 54%. Is New 90 Day High Low • Mar 09
New 90-day high: CN¥9.20 The company is up 4.0% from its price of CN¥8.82 on 09 December 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Renewable Energy industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥18.50 per share. Is New 90 Day High Low • Feb 04
New 90-day low: CN¥8.34 The company is down 12% from its price of CN¥9.51 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥16.80 per share. Is New 90 Day High Low • Dec 09
New 90-day low: CN¥8.82 The company is down 4.0% from its price of CN¥9.18 on 11 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥15.80 per share. Is New 90 Day High Low • Nov 06
New 90-day high: CN¥9.51 The company is up 11% from its price of CN¥8.54 on 07 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥15.65 per share. Reported Earnings • Nov 03
Third quarter 2020 earnings released: EPS CN¥0.31 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: CN¥12.2b (down 3.4% from 3Q 2019). Net income: CN¥2.14b (up 3.8% from 3Q 2019). Profit margin: 18% (up from 16% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.