View ValuationGD Power DevelopmentLtd 将来の成長Future 基準チェック /16GD Power DevelopmentLtd利益と収益がそれぞれ年間6.3%と1.8%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に11.2% 6.3%なると予測されています。主要情報6.3%収益成長率6.34%EPS成長率Renewable Energy 収益成長9.9%収益成長率1.8%将来の株主資本利益率11.18%アナリストカバレッジGood最終更新日14 May 2026今後の成長に関する最新情報Major Estimate Revision • Apr 21Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥175.4b to CN¥170.0b. EPS estimate also fell from CN¥0.446 per share to CN¥0.35 per share. Net income forecast to shrink 13% next year vs 12% growth forecast for Renewable Energy industry in China . Consensus price target down from CN¥6.39 to CN¥6.16. Share price rose 2.5% to CN¥4.94 over the past week.Price Target Changed • Oct 30Price target increased by 9.9% to CN¥6.39Up from CN¥5.81, the current price target is an average from 3 analysts. New target price is 17% above last closing price of CN¥5.44. Stock is up 12% over the past year. The company is forecast to post earnings per share of CN¥0.40 for next year compared to CN¥0.55 last year.Major Estimate Revision • Aug 26Consensus EPS estimates increase by 18%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥189.1b to CN¥187.0b. EPS estimate rose from CN¥0.468 to CN¥0.554. Net income forecast to grow 1.8% next year vs 26% growth forecast for Renewable Energy industry in China. Consensus price target broadly unchanged at CN¥6.32. Share price fell 2.2% to CN¥5.41 over the past week.Price Target Changed • Apr 17Price target increased by 8.1% to CN¥5.31Up from CN¥4.91, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of CN¥5.22. Stock is up 35% over the past year. The company is forecast to post earnings per share of CN¥0.48 for next year compared to CN¥0.31 last year.Price Target Changed • May 08Price target decreased by 9.5% to CN¥5.05Down from CN¥5.58, the current price target is an average from 4 analysts. New target price is 26% above last closing price of CN¥4.01. Stock is up 35% over the past year. The company is forecast to post earnings per share of CN¥0.41 for next year compared to CN¥0.15 last year.Price Target Changed • Nov 16Price target increased to CN¥5.70Up from CN¥5.19, the current price target is an average from 4 analysts. New target price is 35% above last closing price of CN¥4.23. Stock is up 71% over the past year. The company is forecast to post earnings per share of CN¥0.34 next year compared to a net loss per share of CN¥0.11 last year.すべての更新を表示Recent updatesMajor Estimate Revision • Apr 21Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥175.4b to CN¥170.0b. EPS estimate also fell from CN¥0.446 per share to CN¥0.35 per share. Net income forecast to shrink 13% next year vs 12% growth forecast for Renewable Energy industry in China . Consensus price target down from CN¥6.39 to CN¥6.16. Share price rose 2.5% to CN¥4.94 over the past week.New Risk • Apr 15New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Apr 15GD Power Development Co.,Ltd, Annual General Meeting, May 14, 2026GD Power Development Co.,Ltd, Annual General Meeting, May 14, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing Chinaお知らせ • Mar 30GD Power Development Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026GD Power Development Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026Valuation Update With 7 Day Price Move • Dec 31Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥5.04, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Renewable Energy industry in China. Total returns to shareholders of 30% over the past three years.お知らせ • Dec 26GD Power Development Co.,Ltd to Report Fiscal Year 2025 Results on Apr 15, 2026GD Power Development Co.,Ltd announced that they will report fiscal year 2025 results on Apr 15, 2026Board Change • Dec 08Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Chaoan Liu 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.Price Target Changed • Oct 30Price target increased by 9.9% to CN¥6.39Up from CN¥5.81, the current price target is an average from 3 analysts. New target price is 17% above last closing price of CN¥5.44. Stock is up 12% over the past year. The company is forecast to post earnings per share of CN¥0.40 for next year compared to CN¥0.55 last year.Reported Earnings • Oct 28Third quarter 2025 earnings released: EPS: CN¥0.17 (vs CN¥0.14 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.17 (up from CN¥0.14 in 3Q 2024). Revenue: CN¥47.6b (down 1.0% from 3Q 2024). Net income: CN¥3.09b (up 25% from 3Q 2024). Profit margin: 6.5% (up from 5.2% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Declared Dividend • Oct 26First half dividend of CN¥0.10 announcedShareholders will receive a dividend of CN¥0.10. Ex-date: 29th October 2025 Payment date: 29th October 2025 Dividend yield will be 4.1%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (55% earnings payout ratio) but not covered by cash flows (103% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Sep 30GD Power Development Co.,Ltd to Report Q3, 2025 Results on Oct 28, 2025GD Power Development Co.,Ltd announced that they will report Q3, 2025 results on Oct 28, 2025Reported Earnings • Aug 19Second quarter 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.28 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.10 (down from CN¥0.28 in 2Q 2024). Revenue: CN¥37.8b (down 6.0% from 2Q 2024). Net income: CN¥1.88b (down 62% from 2Q 2024). Profit margin: 5.0% (down from 12% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Declared Dividend • Jul 06Dividend of CN¥0.11 announcedShareholders will receive a dividend of CN¥0.11. Ex-date: 10th July 2025 Payment date: 10th July 2025 Dividend yield will be 4.0%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (36% earnings payout ratio) and cash flows (85% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 10% over the next 3 years. However, it would need to fall by 60% to increase the payout ratio to a potentially unsustainable range.お知らせ • Jun 30GD Power Development Co.,Ltd to Report First Half, 2025 Results on Aug 19, 2025GD Power Development Co.,Ltd announced that they will report first half, 2025 results on Aug 19, 2025New Risk • Apr 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Earnings are forecast to decline by an average of 3.5% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Apr 16Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.55 (up from CN¥0.31 in FY 2023). Revenue: CN¥179.2b (down 1.0% from FY 2023). Net income: CN¥9.83b (up 75% from FY 2023). Profit margin: 5.5% (up from 3.1% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 2.4%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 16GD Power Development Co.,Ltd, Annual General Meeting, May 13, 2025GD Power Development Co.,Ltd, Annual General Meeting, May 13, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing Chinaお知らせ • Mar 28GD Power Development Co.,Ltd to Report Q1, 2025 Results on Apr 26, 2025GD Power Development Co.,Ltd announced that they will report Q1, 2025 results on Apr 26, 2025お知らせ • Dec 27GD Power Development Co.,Ltd to Report Fiscal Year 2024 Results on Apr 16, 2025GD Power Development Co.,Ltd announced that they will report fiscal year 2024 results on Apr 16, 2025Declared Dividend • Oct 28Dividend of CN¥0.09 announcedShareholders 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 25Third 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 22% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 30GD Power Development Co.,Ltd to Report Q3, 2024 Results on Oct 25, 2024GD Power Development Co.,Ltd announced that they will report Q3, 2024 results on Oct 25, 2024Major Estimate Revision • Aug 26Consensus EPS estimates increase by 18%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥189.1b to CN¥187.0b. EPS estimate rose from CN¥0.468 to CN¥0.554. Net income forecast to grow 1.8% next year vs 26% growth forecast for Renewable Energy industry in China. Consensus price target broadly unchanged at CN¥6.32. Share price fell 2.2% to CN¥5.41 over the past week.Reported Earnings • Aug 20Second 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.Declared Dividend • Jul 01Dividend of CN¥0.07 announcedShareholders will receive a dividend of CN¥0.07. Ex-date: 5th July 2024 Payment date: 5th July 2024 Dividend yield will be 2.0%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (33% 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 over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • Jul 01Insufficient new directorsNo 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.お知らせ • Jun 28GD Power Development Co.,Ltd to Report First Half, 2024 Results on Aug 20, 2024GD Power Development Co.,Ltd announced that they will report first half, 2024 results on Aug 20, 2024Reported Earnings • Apr 27First 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.Price Target Changed • Apr 17Price target increased by 8.1% to CN¥5.31Up from CN¥4.91, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of CN¥5.22. Stock is up 35% over the past year. The company is forecast to post earnings per share of CN¥0.48 for next year compared to CN¥0.31 last year.お知らせ • Apr 16GD Power Development Co.,Ltd, Annual General Meeting, May 07, 2024GD Power Development Co.,Ltd, Annual General Meeting, May 07, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing ChinaReported Earnings • Apr 16Full year 2023 earnings: EPS and revenues miss analyst expectationsFull 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 missed analyst estimates by 5.7%. Earnings per share (EPS) also missed analyst estimates by 22%. 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 32% per year, which means it is well ahead of earnings.お知らせ • Mar 29GD Power Development Co.,Ltd to Report Q1, 2024 Results on Apr 27, 2024GD Power Development Co.,Ltd announced that they will report Q1, 2024 results on Apr 27, 2024お知らせ • Dec 29GD Power Development Co.,Ltd to Report Fiscal Year 2023 Results on Apr 16, 2024GD Power Development Co.,Ltd announced that they will report fiscal year 2023 results on Apr 16, 2024Reported Earnings • Oct 29Third 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.お知らせ • Sep 30GD Power Development Co.,Ltd to Report Q3, 2023 Results on Oct 27, 2023GD Power Development Co.,Ltd announced that they will report Q3, 2023 results on Oct 27, 2023Reported Earnings • Aug 31Second 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.お知らせ • Jun 28GD Power Development Co.,Ltd to Report First Half, 2023 Results on Aug 22, 2023GD Power Development Co.,Ltd announced that they will report first half, 2023 results on Aug 22, 2023Price Target Changed • May 08Price target decreased by 9.5% to CN¥5.05Down from CN¥5.58, the current price target is an average from 4 analysts. New target price is 26% above last closing price of CN¥4.01. Stock is up 35% over the past year. The company is forecast to post earnings per share of CN¥0.41 for next year compared to CN¥0.15 last year.Reported Earnings • Apr 16Full year 2022 earnings: EPS misses analyst expectationsFull 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 was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 50%. 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.Price Target Changed • Nov 16Price target increased to CN¥5.70Up from CN¥5.19, the current price target is an average from 4 analysts. New target price is 35% above last closing price of CN¥4.23. Stock is up 71% over the past year. The company is forecast to post earnings per share of CN¥0.34 next year compared to a net loss per share of CN¥0.11 last year.Price Target Changed • Nov 07Price target increased to CN¥5.70Up from CN¥5.19, the current price target is an average from 4 analysts. New target price is 35% above last closing price of CN¥4.23. Stock is up 71% over the past year. The company is forecast to post earnings per share of CN¥0.34 next year compared to a net loss per share of CN¥0.11 last year.Reported Earnings • Oct 25Third 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 27% per year, which means it is well ahead of earnings.Reported Earnings • Aug 24Second 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 27Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull 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). Revenue exceeded analyst estimates by 34%. Earnings per share (EPS) missed analyst estimates. 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 whereas the company’s share price has increased by 2% per year.Board Change • Apr 27Less than half of directors are independentNo 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 31Third 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 23Investor sentiment improved over the past weekAfter last week's 26% share price gain to CN¥3.59, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Renewable Energy industry in China. Total returns to shareholders of 50% over the past three years.Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥3.00, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Renewable Energy industry in China. Total returns to shareholders of 27% over the past three years.Reported Earnings • Aug 24Second 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 fallen by 2% per year, which means it is significantly lagging earnings.Price Target Changed • May 09Price target increased to CN¥2.85Up from CN¥2.66, the current price target is an average from 2 analysts. New target price is 22% above last closing price of CN¥2.33. Stock is up 18% over the past year.Reported Earnings • Apr 20Full 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 8% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Dec 18New 90-day high: CN¥2.20The 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¥4.90 per share.お知らせ • Dec 14GD Power Development Co.,Ltd(XSSC:600795) dropped from FTSE All-World Index (USD)GD Power Development Co.,Ltd(XSSC:600795) dropped from FTSE All-World Index (USD)Is New 90 Day High Low • Nov 27New 90-day high: CN¥2.19The 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.お知らせ • Nov 20National Energy Group Gansu Electric Power Co., Ltd. agreed to acquire GD Power Jiuquan Thermal Power Co., Ltd. and GD Power Jiuquan Power Generation Co., Ltd. from GD Power Development Co.,Ltd (SHSE:600795) and Beijing GD Power Co., Ltd. for approximately CNY 460 million.National Energy Group Gansu Electric Power Co., Ltd. agreed to acquire GD Power Jiuquan Thermal Power Co., Ltd. and GD Power Jiuquan Power Generation Co., Ltd. from GD Power Development Co.,Ltd (SHSE:600795) and Beijing GD Power Co., Ltd. for approximately CNY 460 million on November 17, 2020. GD Power Jiuquan Thermal Power will be sold by GD Power Development for a consideration of CNY 460 million and GD Power Jiuquan Power Generation will be sold by Beijing GD Power for a consideration of CNY 1. This related transaction has been reviewed and approved by the GD Power Development seventy-fifth directorate held on November 17, 2020. Related directors abstained from voting, non-related directors agreed unanimously, and independent directors of the GD Power Development approved in advance and issued independent opinions. As of September 30, 2020, GD Power Jiuquan Thermal Power reported total assets of CNY 2.63 billion, total liabilities of CNY 2.17 billion, net assets of CNY 466.78 million, revenue of CNY 676.9 million, operating profit of CNY 64.37 million, total profit of CNY 75.69 million and net profit of CNY 75.69 million. As of September 30, 2020, GD Power Jiuquan Power Generation reported total assets of CNY 245.59 million, total liabilities of CNY 442.75 million, net liabilities of CNY 197.72 million, revenue of CNY 61.6 million, operating loss of CNY 9.31 million, total loss of CNY 9.31 million and net loss of CNY 9.31 million.Reported Earnings • Nov 02Third quarter 2020 earnings released: EPS CN¥0.077The 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.お知らせ • Oct 29GD Power Development Co.,Ltd to Report Q3, 2020 Results on Oct 31, 2020GD Power Development Co.,Ltd announced that they will report Q3, 2020 results on Oct 31, 2020Is New 90 Day High Low • Oct 27New 90-day low: CN¥1.99The 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.お知らせ • Jul 17GD Power Development Co.,Ltd to Report First Half, 2020 Results on Aug 29, 2020GD Power Development Co.,Ltd announced that they will report first half, 2020 results on Aug 29, 2020業績と収益の成長予測SHSE:600795 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2028177,5837,781N/A42,626512/31/2027174,8757,108N/A41,859612/31/2026170,5276,229N/A39,10363/31/2026169,6006,7494,56748,496N/A12/31/2025170,2447,1617,85453,668N/A9/30/2025170,5257,4176,82461,370N/A6/30/2025171,0086,8013,81759,763N/A3/31/2025173,4409,8574,59162,390N/A12/31/2024179,1829,831-2,45655,640N/A9/30/2024177,1519,175-3,68051,297N/A6/30/2024178,1409,371-5,39350,370N/A3/31/2024180,9416,447-11,50142,181N/A12/31/2023180,9995,609-7,18542,584N/A9/30/2023185,7633,405-19,66027,074N/A6/30/2023192,2033,445-12,50830,472N/A3/31/2023193,5032,71112737,423N/A12/31/2022194,6742,8212,03637,738N/A9/30/2022195,3981,35312,93943,053N/A6/30/2022183,645-2,4107,05533,883N/A3/31/2022176,175-2,81636824,391N/A12/31/2021168,434-1,7332,78724,122N/A9/30/2021159,5052,41916,91435,922N/A6/30/2021167,6706,67822,51240,353N/A3/31/2021158,0997,22424,58940,672N/A1/1/2021144,3024,35427,26242,242N/A9/30/2020135,3532,54921,77433,496N/A6/30/2020113,6879522,19132,841N/A3/31/2020113,257-40421,78132,888N/A1/1/2020116,5991,744N/A33,722N/A9/30/2019113,9431,690N/A37,314N/A6/30/2019111,8621,851N/A35,964N/A3/31/2019109,9871,691N/A36,985N/A1/1/2019107,9191,612N/A31,097N/A9/30/201895,2272,799N/A24,532N/A6/30/201882,6362,544N/A21,284N/A3/31/201871,6362,538N/A19,173N/A12/31/201759,8332,223N/A19,778N/A9/30/201760,0492,315N/A20,220N/A6/30/201758,9312,753N/A19,707N/A3/31/201759,0413,891N/A22,001N/A12/31/201658,4164,727N/A23,414N/A9/30/201658,0294,297N/A26,033N/A6/30/201658,4604,811N/A24,053N/A3/31/201657,4674,659N/A25,441N/A12/31/201556,7414,492N/A25,257N/A9/30/201556,7275,997N/A21,623N/A6/30/201557,0386,535N/A23,312N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 600795の予測収益成長率 (年間6.3% ) は 貯蓄率 ( 2.4% ) を上回っています。収益対市場: 600795の収益 ( 6.3% ) CN市場 ( 27.2% ) よりも低い成長が予測されています。高成長収益: 600795の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 600795の収益 ( 1.8% ) CN市場 ( 16.2% ) よりも低い成長が予測されています。高い収益成長: 600795の収益 ( 1.8% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 600795の 自己資本利益率 は、3年後には低くなると予測されています ( 11.2 %)。成長企業の発掘7D1Y7D1Y7D1YUtilities 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 08:39終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋GD Power Development Co.,Ltd 6 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。19 アナリスト機関Yigong TaoChina Galaxy Securities Co., Ltd.Jun LiuChina International Capital Corporation LimitedJiani LiuChina International Capital Corporation Limited16 その他のアナリストを表示
Major Estimate Revision • Apr 21Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥175.4b to CN¥170.0b. EPS estimate also fell from CN¥0.446 per share to CN¥0.35 per share. Net income forecast to shrink 13% next year vs 12% growth forecast for Renewable Energy industry in China . Consensus price target down from CN¥6.39 to CN¥6.16. Share price rose 2.5% to CN¥4.94 over the past week.
Price Target Changed • Oct 30Price target increased by 9.9% to CN¥6.39Up from CN¥5.81, the current price target is an average from 3 analysts. New target price is 17% above last closing price of CN¥5.44. Stock is up 12% over the past year. The company is forecast to post earnings per share of CN¥0.40 for next year compared to CN¥0.55 last year.
Major Estimate Revision • Aug 26Consensus EPS estimates increase by 18%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥189.1b to CN¥187.0b. EPS estimate rose from CN¥0.468 to CN¥0.554. Net income forecast to grow 1.8% next year vs 26% growth forecast for Renewable Energy industry in China. Consensus price target broadly unchanged at CN¥6.32. Share price fell 2.2% to CN¥5.41 over the past week.
Price Target Changed • Apr 17Price target increased by 8.1% to CN¥5.31Up from CN¥4.91, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of CN¥5.22. Stock is up 35% over the past year. The company is forecast to post earnings per share of CN¥0.48 for next year compared to CN¥0.31 last year.
Price Target Changed • May 08Price target decreased by 9.5% to CN¥5.05Down from CN¥5.58, the current price target is an average from 4 analysts. New target price is 26% above last closing price of CN¥4.01. Stock is up 35% over the past year. The company is forecast to post earnings per share of CN¥0.41 for next year compared to CN¥0.15 last year.
Price Target Changed • Nov 16Price target increased to CN¥5.70Up from CN¥5.19, the current price target is an average from 4 analysts. New target price is 35% above last closing price of CN¥4.23. Stock is up 71% over the past year. The company is forecast to post earnings per share of CN¥0.34 next year compared to a net loss per share of CN¥0.11 last year.
Major Estimate Revision • Apr 21Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥175.4b to CN¥170.0b. EPS estimate also fell from CN¥0.446 per share to CN¥0.35 per share. Net income forecast to shrink 13% next year vs 12% growth forecast for Renewable Energy industry in China . Consensus price target down from CN¥6.39 to CN¥6.16. Share price rose 2.5% to CN¥4.94 over the past week.
New Risk • Apr 15New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Apr 15GD Power Development Co.,Ltd, Annual General Meeting, May 14, 2026GD Power Development Co.,Ltd, Annual General Meeting, May 14, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China
お知らせ • Mar 30GD Power Development Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026GD Power Development Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026
Valuation Update With 7 Day Price Move • Dec 31Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥5.04, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Renewable Energy industry in China. Total returns to shareholders of 30% over the past three years.
お知らせ • Dec 26GD Power Development Co.,Ltd to Report Fiscal Year 2025 Results on Apr 15, 2026GD Power Development Co.,Ltd announced that they will report fiscal year 2025 results on Apr 15, 2026
Board Change • Dec 08Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Chaoan Liu 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.
Price Target Changed • Oct 30Price target increased by 9.9% to CN¥6.39Up from CN¥5.81, the current price target is an average from 3 analysts. New target price is 17% above last closing price of CN¥5.44. Stock is up 12% over the past year. The company is forecast to post earnings per share of CN¥0.40 for next year compared to CN¥0.55 last year.
Reported Earnings • Oct 28Third quarter 2025 earnings released: EPS: CN¥0.17 (vs CN¥0.14 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.17 (up from CN¥0.14 in 3Q 2024). Revenue: CN¥47.6b (down 1.0% from 3Q 2024). Net income: CN¥3.09b (up 25% from 3Q 2024). Profit margin: 6.5% (up from 5.2% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Oct 26First half dividend of CN¥0.10 announcedShareholders will receive a dividend of CN¥0.10. Ex-date: 29th October 2025 Payment date: 29th October 2025 Dividend yield will be 4.1%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (55% earnings payout ratio) but not covered by cash flows (103% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Sep 30GD Power Development Co.,Ltd to Report Q3, 2025 Results on Oct 28, 2025GD Power Development Co.,Ltd announced that they will report Q3, 2025 results on Oct 28, 2025
Reported Earnings • Aug 19Second quarter 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.28 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.10 (down from CN¥0.28 in 2Q 2024). Revenue: CN¥37.8b (down 6.0% from 2Q 2024). Net income: CN¥1.88b (down 62% from 2Q 2024). Profit margin: 5.0% (down from 12% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Jul 06Dividend of CN¥0.11 announcedShareholders will receive a dividend of CN¥0.11. Ex-date: 10th July 2025 Payment date: 10th July 2025 Dividend yield will be 4.0%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (36% earnings payout ratio) and cash flows (85% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 10% over the next 3 years. However, it would need to fall by 60% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Jun 30GD Power Development Co.,Ltd to Report First Half, 2025 Results on Aug 19, 2025GD Power Development Co.,Ltd announced that they will report first half, 2025 results on Aug 19, 2025
New Risk • Apr 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Earnings are forecast to decline by an average of 3.5% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Apr 16Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.55 (up from CN¥0.31 in FY 2023). Revenue: CN¥179.2b (down 1.0% from FY 2023). Net income: CN¥9.83b (up 75% from FY 2023). Profit margin: 5.5% (up from 3.1% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 2.4%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 16GD Power Development Co.,Ltd, Annual General Meeting, May 13, 2025GD Power Development Co.,Ltd, Annual General Meeting, May 13, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China
お知らせ • Mar 28GD Power Development Co.,Ltd to Report Q1, 2025 Results on Apr 26, 2025GD Power Development Co.,Ltd announced that they will report Q1, 2025 results on Apr 26, 2025
お知らせ • Dec 27GD Power Development Co.,Ltd to Report Fiscal Year 2024 Results on Apr 16, 2025GD Power Development Co.,Ltd announced that they will report fiscal year 2024 results on Apr 16, 2025
Declared Dividend • Oct 28Dividend of CN¥0.09 announcedShareholders 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 25Third 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 22% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 30GD Power Development Co.,Ltd to Report Q3, 2024 Results on Oct 25, 2024GD Power Development Co.,Ltd announced that they will report Q3, 2024 results on Oct 25, 2024
Major Estimate Revision • Aug 26Consensus EPS estimates increase by 18%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥189.1b to CN¥187.0b. EPS estimate rose from CN¥0.468 to CN¥0.554. Net income forecast to grow 1.8% next year vs 26% growth forecast for Renewable Energy industry in China. Consensus price target broadly unchanged at CN¥6.32. Share price fell 2.2% to CN¥5.41 over the past week.
Reported Earnings • Aug 20Second 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.
Declared Dividend • Jul 01Dividend of CN¥0.07 announcedShareholders will receive a dividend of CN¥0.07. Ex-date: 5th July 2024 Payment date: 5th July 2024 Dividend yield will be 2.0%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (33% 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 over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • Jul 01Insufficient new directorsNo 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.
お知らせ • Jun 28GD Power Development Co.,Ltd to Report First Half, 2024 Results on Aug 20, 2024GD Power Development Co.,Ltd announced that they will report first half, 2024 results on Aug 20, 2024
Reported Earnings • Apr 27First 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.
Price Target Changed • Apr 17Price target increased by 8.1% to CN¥5.31Up from CN¥4.91, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of CN¥5.22. Stock is up 35% over the past year. The company is forecast to post earnings per share of CN¥0.48 for next year compared to CN¥0.31 last year.
お知らせ • Apr 16GD Power Development Co.,Ltd, Annual General Meeting, May 07, 2024GD 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 16Full year 2023 earnings: EPS and revenues miss analyst expectationsFull 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 missed analyst estimates by 5.7%. Earnings per share (EPS) also missed analyst estimates by 22%. 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 32% per year, which means it is well ahead of earnings.
お知らせ • Mar 29GD Power Development Co.,Ltd to Report Q1, 2024 Results on Apr 27, 2024GD Power Development Co.,Ltd announced that they will report Q1, 2024 results on Apr 27, 2024
お知らせ • Dec 29GD Power Development Co.,Ltd to Report Fiscal Year 2023 Results on Apr 16, 2024GD Power Development Co.,Ltd announced that they will report fiscal year 2023 results on Apr 16, 2024
Reported Earnings • Oct 29Third 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.
お知らせ • Sep 30GD Power Development Co.,Ltd to Report Q3, 2023 Results on Oct 27, 2023GD Power Development Co.,Ltd announced that they will report Q3, 2023 results on Oct 27, 2023
Reported Earnings • Aug 31Second 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.
お知らせ • Jun 28GD Power Development Co.,Ltd to Report First Half, 2023 Results on Aug 22, 2023GD Power Development Co.,Ltd announced that they will report first half, 2023 results on Aug 22, 2023
Price Target Changed • May 08Price target decreased by 9.5% to CN¥5.05Down from CN¥5.58, the current price target is an average from 4 analysts. New target price is 26% above last closing price of CN¥4.01. Stock is up 35% over the past year. The company is forecast to post earnings per share of CN¥0.41 for next year compared to CN¥0.15 last year.
Reported Earnings • Apr 16Full year 2022 earnings: EPS misses analyst expectationsFull 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 was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 50%. 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.
Price Target Changed • Nov 16Price target increased to CN¥5.70Up from CN¥5.19, the current price target is an average from 4 analysts. New target price is 35% above last closing price of CN¥4.23. Stock is up 71% over the past year. The company is forecast to post earnings per share of CN¥0.34 next year compared to a net loss per share of CN¥0.11 last year.
Price Target Changed • Nov 07Price target increased to CN¥5.70Up from CN¥5.19, the current price target is an average from 4 analysts. New target price is 35% above last closing price of CN¥4.23. Stock is up 71% over the past year. The company is forecast to post earnings per share of CN¥0.34 next year compared to a net loss per share of CN¥0.11 last year.
Reported Earnings • Oct 25Third 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 27% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 24Second 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 27Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull 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). Revenue exceeded analyst estimates by 34%. Earnings per share (EPS) missed analyst estimates. 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 whereas the company’s share price has increased by 2% per year.
Board Change • Apr 27Less than half of directors are independentNo 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 31Third 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 23Investor sentiment improved over the past weekAfter last week's 26% share price gain to CN¥3.59, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Renewable Energy industry in China. Total returns to shareholders of 50% over the past three years.
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥3.00, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Renewable Energy industry in China. Total returns to shareholders of 27% over the past three years.
Reported Earnings • Aug 24Second 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 fallen by 2% per year, which means it is significantly lagging earnings.
Price Target Changed • May 09Price target increased to CN¥2.85Up from CN¥2.66, the current price target is an average from 2 analysts. New target price is 22% above last closing price of CN¥2.33. Stock is up 18% over the past year.
Reported Earnings • Apr 20Full 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 8% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Dec 18New 90-day high: CN¥2.20The 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¥4.90 per share.
お知らせ • Dec 14GD Power Development Co.,Ltd(XSSC:600795) dropped from FTSE All-World Index (USD)GD Power Development Co.,Ltd(XSSC:600795) dropped from FTSE All-World Index (USD)
Is New 90 Day High Low • Nov 27New 90-day high: CN¥2.19The 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.
お知らせ • Nov 20National Energy Group Gansu Electric Power Co., Ltd. agreed to acquire GD Power Jiuquan Thermal Power Co., Ltd. and GD Power Jiuquan Power Generation Co., Ltd. from GD Power Development Co.,Ltd (SHSE:600795) and Beijing GD Power Co., Ltd. for approximately CNY 460 million.National Energy Group Gansu Electric Power Co., Ltd. agreed to acquire GD Power Jiuquan Thermal Power Co., Ltd. and GD Power Jiuquan Power Generation Co., Ltd. from GD Power Development Co.,Ltd (SHSE:600795) and Beijing GD Power Co., Ltd. for approximately CNY 460 million on November 17, 2020. GD Power Jiuquan Thermal Power will be sold by GD Power Development for a consideration of CNY 460 million and GD Power Jiuquan Power Generation will be sold by Beijing GD Power for a consideration of CNY 1. This related transaction has been reviewed and approved by the GD Power Development seventy-fifth directorate held on November 17, 2020. Related directors abstained from voting, non-related directors agreed unanimously, and independent directors of the GD Power Development approved in advance and issued independent opinions. As of September 30, 2020, GD Power Jiuquan Thermal Power reported total assets of CNY 2.63 billion, total liabilities of CNY 2.17 billion, net assets of CNY 466.78 million, revenue of CNY 676.9 million, operating profit of CNY 64.37 million, total profit of CNY 75.69 million and net profit of CNY 75.69 million. As of September 30, 2020, GD Power Jiuquan Power Generation reported total assets of CNY 245.59 million, total liabilities of CNY 442.75 million, net liabilities of CNY 197.72 million, revenue of CNY 61.6 million, operating loss of CNY 9.31 million, total loss of CNY 9.31 million and net loss of CNY 9.31 million.
Reported Earnings • Nov 02Third quarter 2020 earnings released: EPS CN¥0.077The 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.
お知らせ • Oct 29GD Power Development Co.,Ltd to Report Q3, 2020 Results on Oct 31, 2020GD Power Development Co.,Ltd announced that they will report Q3, 2020 results on Oct 31, 2020
Is New 90 Day High Low • Oct 27New 90-day low: CN¥1.99The 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.
お知らせ • Jul 17GD Power Development Co.,Ltd to Report First Half, 2020 Results on Aug 29, 2020GD Power Development Co.,Ltd announced that they will report first half, 2020 results on Aug 29, 2020