Board Change • May 20
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. 6 non-independent directors. Independent Director Zengli Zhao was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. お知らせ • Apr 30
Guangdong Electric Power Development Co., Ltd., Annual General Meeting, Jun 05, 2026 Guangdong Electric Power Development Co., Ltd., Annual General Meeting, Jun 05, 2026, at 14:30 China Standard Time. Location: 33F, South Tower, No. 2, Tianhe East Road, Guangzhou, Guangdong China お知らせ • Mar 31
Guangdong Electric Power Development Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Guangdong Electric Power Development Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 お知らせ • Dec 31
Guangdong Electric Power Development Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026 Guangdong Electric Power Development Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026 お知らせ • Sep 30
Guangdong Electric Power Development Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Guangdong Electric Power Development Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 お知らせ • Jul 02
Guangdong Electric Power Development Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Guangdong Electric Power Development Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 お知らせ • Apr 30
Guangdong Electric Power Development Co., Ltd., Annual General Meeting, May 28, 2025 Guangdong Electric Power Development Co., Ltd., Annual General Meeting, May 28, 2025, at 14:30 China Standard Time. Location: 33F, South Tower, No. 2, Tianhe East Road, Guangzhou, Guangdong China お知らせ • Apr 01
Guangdong Electric Power Development Co., Ltd. Proposes Final Cash Dividend for 2024 Guangdong Electric Power Development Co., Ltd. announced on 31 March 2025 the profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY 0.20000000. お知らせ • Mar 31
Guangdong Electric Power Development Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Guangdong Electric Power Development Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 お知らせ • Dec 31
Guangdong Electric Power Development Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025 Guangdong Electric Power Development Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025 New Risk • Nov 14
New major risk - Revenue and earnings growth Earnings have declined by 20% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Earnings have declined by 20% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.17 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.11 (down from CN¥0.17 in 3Q 2023). Revenue: CN¥16.4b (down 2.4% from 3Q 2023). Net income: CN¥564.1m (down 35% from 3Q 2023). Profit margin: 3.4% (down from 5.2% in 3Q 2023). Revenue is forecast to grow 7.3% 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 76% 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 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥5.05, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Renewable Energy industry in China. Total loss to shareholders of 2.2% over the past three years. お知らせ • Sep 30
Guangdong Electric Power Development Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Guangdong Electric Power Development Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.15 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.15 (up from CN¥0.15 in 2Q 2023). Revenue: CN¥13.3b (down 13% from 2Q 2023). Net income: CN¥776.7m (up 1.1% from 2Q 2023). Profit margin: 5.8% (up from 5.0% in 2Q 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. お知らせ • Jun 29
Guangdong Electric Power Development Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Guangdong Electric Power Development Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 お知らせ • Jun 10
Guangdong Electric Power Development Co., Ltd. Announces Dividend on Share A for the Year 2023, Payable on June 14, 2024 Guangdong Electric Power Development Co., Ltd. announced Cash dividend/10 shares: CNY 0.20000000 on share A for the year 2023. Record date: 13 June 2024, Ex-date: 14 June 2024 and Payment date: 14 June 2024. お知らせ • Jun 08
Guangdong Electric Power Development Co., Ltd. Announces Dividend on Share B for the Year 2023, Payable on June 18, 2024 Guangdong Electric Power Development Co., Ltd. announced Cash dividend/10 shares: CNY 0.20000000 on share B for the year 2023. Record date: 18 June 2024, Ex-date: 14 June 2024 and Payment date: 18 June 2024. Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.024 (vs CN¥0.017 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.024 (up from CN¥0.017 in 1Q 2023). Revenue: CN¥12.8b (down 2.0% from 1Q 2023). Net income: CN¥126.3m (up 43% from 1Q 2023). Profit margin: 1.0% (up from 0.7% in 1Q 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 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 2% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. お知らせ • Mar 30
Guangdong Electric Power Development Co., Ltd., Annual General Meeting, Apr 26, 2024 Guangdong Electric Power Development Co., Ltd., Annual General Meeting, Apr 26, 2024, at 14:30 China Standard Time. Location: 33F, South Tower, No. 2, Tianhe East Road, Guangzhou, Guangdong China Reported Earnings • Mar 30
Full year 2023 earnings released Full year 2023 results: Revenue: CN¥59.7b (up 13% from FY 2022). Net income: CN¥974.7m (up CN¥3.98b from FY 2022). Profit margin: 1.6% (up from net loss in FY 2022). Revenue is forecast to grow 9.7% p.a. on average during the next 2 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 56% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. お知らせ • Mar 30
Guangdong Electric Power Development Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Guangdong Electric Power Development Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Board Change • Jan 05
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, 4 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Zhanchi Wu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. お知らせ • Dec 29
Guangdong Electric Power Development Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024 Guangdong Electric Power Development Co., Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024