View Future GrowthCGN Power 過去の業績過去 基準チェック /46CGN Powerは、平均年間3.3%の収益成長を遂げていますが、 Renewable Energy業界の収益は、年間 成長しています。収益は、平均年間15.3% 6.8%収益成長率で 成長しています。 CGN Powerの自己資本利益率は10.1%であり、純利益率は13%です。主要情報3.29%収益成長率2.19%EPS成長率Renewable Energy 業界の成長36.01%収益成長率6.76%株主資本利益率10.09%ネット・マージン12.95%次回の業績アップデート27 Mar 2025最近の業績更新お知らせ • Mar 31CGN Power Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026CGN Power Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026お知らせ • Dec 31CGN Power Co., Ltd. to Report Fiscal Year 2025 Results on Mar 26, 2026CGN Power Co., Ltd. announced that they will report fiscal year 2025 results on Mar 26, 2026お知らせ • Sep 30CGN Power Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025CGN Power Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025お知らせ • Jul 02CGN Power Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025CGN Power Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025お知らせ • Mar 31CGN Power Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025CGN Power Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025お知らせ • Dec 31CGN Power Co., Ltd. to Report Fiscal Year 2024 Results on Mar 27, 2025CGN Power Co., Ltd. announced that they will report fiscal year 2024 results on Mar 27, 2025すべての更新を表示Recent updatesお知らせ • Mar 31CGN Power Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026CGN Power Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026お知らせ • Mar 25+ 1 more updateCGN Power Co., Ltd., Annual General Meeting, May 20, 2026CGN Power Co., Ltd., Annual General Meeting, May 20, 2026.お知らせ • Jan 21CGN Power Co., Ltd. Appoints Zhou Jianping as General CounselCGN Power Co., Ltd. announces that, pursuant to the Articles of Association of CGN Power Co., Ltd., and upon consideration by the Board, Mr. Zhou Jianping has been appointed as the general counsel of the Company. Mr. Zhou, born in 1972, has served as a vice president of the Company since January 2023. He has a doctorate degree and is a professorate senior engineer. Mr. Zhou has more than 25 years of experience in the nuclear power industry. From June 2014 to July 2018, he successively served as an assistant to the general manager and the deputy general manager of Guangxi Fangchenggang Nuclear Power Co., Ltd. He served as the general manager of the Safety and Quality Assurance Department of the Company from July 2018 to March 2019, the secretary of the party committee and the general manager of Fangchenggang Nuclear from March 2019 to December 2020, and the secretary of the party committee and the chairman of the board of directors of Fangchenggang Nuclear from December 2020 to February 2022. During his time as the secretary of the party committee and the chairman of the board of directors of Fangchenggang Nuclear from February 2022 to April 2022, he also served as the general manager of the Safety, Quality and Environmental Department of the Company. He served as the general manager of the Safety, Quality and Environmental Department of the Company from April 2022 to September 2023. The terms of office of Mr. Zhou concurrently acting as the general counsel of the Company shall commence on January 21, 2026 and expire on December 31, 2027. The board of the Company comprises Mr. Pang Songtao as an executive Director; Mr. Yang Changli, Ms. Li Li, Mr. Feng Jian and Mr. Liu Huanbing as non-executive Directors; Mr. Wong Ming Fung, Mr. Li Fuyou and Ms. Xu Hua as independent non-executive Directors.お知らせ • Dec 31CGN Power Co., Ltd. to Report Fiscal Year 2025 Results on Mar 26, 2026CGN Power Co., Ltd. announced that they will report fiscal year 2025 results on Mar 26, 2026お知らせ • Sep 30CGN Power Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025CGN Power Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025お知らせ • Aug 27CGN Power Co., Ltd. Proposes Abolishment of the Supervisory CommitteeThe board of directors of CGN Power Co., Ltd. announced that, to comply with regulatory requirements, the Company proposes to amend certain articles under the existing Articles of Association. After amendment the English name will remain unchanged; the Supervisory Committee will be abolished, and its duties and powers as stipulated in the Company Law will be exercised by the Audit and Risk Management Committee of the Board; the Procedural Rules of the Supervisory Committee of the Company and other policies related to the Supervisory Committee will be repealed accordingly.お知らせ • Jul 02CGN Power Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025CGN Power Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025お知らせ • May 21Cgn Power Co., Ltd. Approves Final Dividend for the Year Ended December 31, 2024, Payable on or Around 03 July 2025CGN Power Co., Ltd. in its 2024 Annual General meeting held on May 21, 2025 approved to pay an annual final dividend in cash on or around July 3, 2025 to the Shareholders whose names appear on the register of members of the Company on June 2, 2025, being the record date. The cash dividend in respect of the year 2024 shall be denominated and declared in RMB at RMB 0.095 per Share (tax inclusive).お知らせ • Mar 31CGN Power Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025CGN Power Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025お知らせ • Mar 27+ 1 more updateCGN Power Co., Ltd., Annual General Meeting, May 21, 2025CGN Power Co., Ltd., Annual General Meeting, May 21, 2025.お知らせ • Dec 31CGN Power Co., Ltd. to Report Fiscal Year 2024 Results on Mar 27, 2025CGN Power Co., Ltd. announced that they will report fiscal year 2024 results on Mar 27, 2025Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: CN¥0.057 (vs CN¥0.054 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.057 (up from CN¥0.054 in 3Q 2023). Revenue: CN¥22.9b (up 11% from 3Q 2023). Net income: CN¥2.87b (up 4.9% from 3Q 2023). Profit margin: 13% (in line with 3Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year.お知らせ • Sep 30CGN Power Co., Ltd. to Report Q3, 2024 Results on Oct 24, 2024CGN Power Co., Ltd. announced that they will report Q3, 2024 results on Oct 24, 2024Reported Earnings • Aug 22Second quarter 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.069 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.07 (up from CN¥0.069 in 2Q 2023). Revenue: CN¥20.2b (down 3.8% from 2Q 2023). Net income: CN¥3.51b (flat on 2Q 2023). Profit margin: 17% (in line with 2Q 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 29CGN Power Co., Ltd. to Report First Half, 2024 Results on Aug 22, 2024CGN Power Co., Ltd. announced that they will report first half, 2024 results on Aug 22, 2024お知らせ • May 30+ 1 more updateCgn Power Co., Ltd. Approves Final Dividend for the Year Ended December 31, 2023, Payable on or Around July 10, 2024CGN Power Co., Ltd. announced that as approved by the Shareholders at the AGM, the Board announce the following details in respect of the payment of final dividend for the year ended December 31, 2023 to the Shareholders: The Company will pay an annual final dividend in cash on or around July 10, 2024 to the Shareholders whose names appear on the register of members of the Company on June 11, 2024, being the record date. The cash dividend in respect of the year 2023 shall be denominated and declared in RMB at RMB0.094 per Share (tax inclusive).Upcoming Dividend • May 28Upcoming dividend of CN¥0.094 per shareEligible shareholders must have bought the stock before 04 June 2024. Payment date: 10 July 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (3.6%).お知らせ • Mar 30CGN Power Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024CGN Power Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024Declared Dividend • Mar 29Dividend of CN¥0.094 announcedShareholders will receive a dividend of CN¥0.094. Ex-date: 4th June 2024 Payment date: 10th July 2024 Dividend yield will be 42%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 48% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 28Full year 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.20 in FY 2022)Full year 2023 results: EPS: CN¥0.21 (up from CN¥0.20 in FY 2022). Revenue: CN¥82.5b (flat on FY 2022). Net income: CN¥10.7b (up 7.6% from FY 2022). Profit margin: 13% (up from 12% in FY 2022). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 6% per year.お知らせ • Mar 27CGN Power Co., Ltd. Proposes Final Dividend for the Year Ended December 31, 2023, Payable on 10 July 2024CGN Power Co., Ltd. proposed final dividend for the year ended December 31, 2023 of RMB 0.094 per share with Ex-dividend date: 04 June 2024; Record date: 11 June 2024; Payment date: 10 July 2024.New Risk • Mar 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.New Risk • Jan 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.0% average weekly change).お知らせ • Dec 29CGN Power Co., Ltd. to Report Fiscal Year 2023 Results on Mar 28, 2024CGN Power Co., Ltd. announced that they will report fiscal year 2023 results on Mar 28, 2024Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.054 (vs CN¥0.057 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.054 (down from CN¥0.057 in 3Q 2022). Revenue: CN¥20.6b (down 5.6% from 3Q 2022). Net income: CN¥2.74b (down 5.0% from 3Q 2022). Profit margin: 13% (in line with 3Q 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year.お知らせ • Oct 10CGN Power Co., Ltd. Announces Director AppointmentsCGN Power Co., Ltd. announced at the EGM held on October 9, 2023, approved election of Ms. Li Li, Mr. Pang Songtao and Mr. Liu Huanbing as a non-executive Director; Mr. Wong Ming Fung and Ms. Xu Hua as an independent non-executive Director and Mr. Shi Weiqi as a non-employee representative Supervisor. Mr. Liu Huanbing, born in 1973, is a non-executive Director. He holds a master' s degree and is a senior accountant (researcher-level). Mr. Liu Huanbing has more than 25 years of experience in financial management, investment and financing management and other areas. He successively served as the director of finance department and the director of budget department of China National Nuclear Corporation from August 2011 to July 2015. He also served as the chief accountant of China Nuclear (Tianjin) Machinery Co., Ltd. from July 2015 to October 2020, and the chief accountant of China Nuclear Energy Industry Corporation from October 2020 to July 2022. He has served as the chief accountant of China Nuclear Power Co., Ltd., the shares of which are listed on the Shanghai Stock Exchange, since July 2022, a director of CNNC Financial Leasing Co., Ltd. since October 2022, chairman of the supervisory committee of CNNC Nuclear Power Operation Management Co., Ltd. since November 2022 and a director of CNNC Finance Co., Ltd. since April 2023.お知らせ • Sep 30CGN Power Co., Ltd. to Report Q3, 2023 Results on Oct 26, 2023CGN Power Co., Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023お知らせ • Aug 25CGN Power Co., Ltd. Announces Board ResignationsCGN Power Co., Ltd. announced that among members of the third session of the Board, Mr. Shi Bing and Mr. Gu Jian will retire and cease to be candidates for non-executive Directors of the fourth session of the Board due to the expiry of their term of office, and Mr. Yang Jiayi, Mr. Xia Ceming and Mr. Tang Chi Cheung will retire and cease to be candidates for independent non-executive Directors of the fourth session of the Board as their term of office has also expired. Their retirement will take effect upon the appointment of new Directors at the EGM. Among members of the third session of the Supervisory Committee, Ms. Zhu Hui has tendered a resignation report in relation to her resignation from the position of employee representative Supervisor of the fourth session of the Supervisory Committee, and Mr. Wang Hongxin will retire and cease to be an employee representative Supervisor of the fourth session of the Supervisory Committee as his term of office has expired.Reported Earnings • Aug 23Second quarter 2023 earnings released: EPS: CN¥0.069 (vs CN¥0.061 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.069 (up from CN¥0.061 in 2Q 2022). Revenue: CN¥21.0b (up 7.9% from 2Q 2022). Net income: CN¥3.47b (up 14% from 2Q 2022). Profit margin: 17% (in line with 2Q 2022). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 6% per year.お知らせ • Jul 01CGN Power Co., Ltd. to Report First Half, 2023 Results on Aug 24, 2023CGN Power Co., Ltd. announced that they will report first half, 2023 results on Aug 24, 2023Upcoming Dividend • May 23Upcoming dividend of CN¥0.087 per share at 4.7% yieldEligible shareholders must have bought the stock before 30 May 2023. Payment date: 07 July 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.7%).Reported Earnings • Mar 17Full year 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.19 in FY 2021)Full year 2022 results: EPS: CN¥0.20 (up from CN¥0.19 in FY 2021). Revenue: CN¥82.8b (up 2.7% from FY 2021). Net income: CN¥9.96b (up 2.4% from FY 2021). Profit margin: 12% (in line with FY 2021). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 8.8% decline forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.お知らせ • Feb 11CGN Power Co., Ltd. Appoints Mr. Feng Jian as Non-Executive DirectorCGN Power Co., Ltd. announced that at its EGM held on February 10, 2023, Mr. Feng Jian is appointed as the non-executive Director and his term of office shall take effect from the date of approval at the EGM until the expiry of the term of third session of the Board. The Board further announces that Mr. Feng is appointed as a member of the remuneration committee and the nuclear safety committee of the third session of the Board of the Company. His term of office shall take effect from the date of approval at the EGM until the expiry of the term of third session of the Board.Board Change • Nov 16Less than half of directors are independentThere are 8 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: 8 new directors. 2 experienced directors. 2 highly experienced directors. 4 independent directors (6 non-independent directors). President & Executive Director Ligang Gao is the most experienced director on the board, commencing their role in 2014. Independent Non-Executive Director Chi Cheung Tang 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. Lack of experienced directors.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.057 (vs CN¥0.064 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.057 (down from CN¥0.064 in 3Q 2021). Revenue: CN¥21.8b (down 2.1% from 3Q 2021). Net income: CN¥2.89b (down 10% from 3Q 2021). Profit margin: 13% (down from 14% in 3Q 2021). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year.Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.061 (vs CN¥0.062 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.061 (down from CN¥0.062 in 2Q 2021). Revenue: CN¥19.4b (down 1.4% from 2Q 2021). Net income: CN¥3.05b (down 2.3% from 2Q 2021). Profit margin: 16% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 3.2% compared to a 10% decline forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 2% per year.Upcoming Dividend • May 24Upcoming dividend of CN¥0.084 per shareEligible shareholders must have bought the stock before 31 May 2022. Payment date: 07 July 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.2%). Higher than average of industry peers (1.6%).Board Change • Apr 27Less than half of directors are independentThere are 8 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: 8 new directors. 2 experienced directors. 2 highly experienced directors. 4 independent directors (6 non-independent directors). President & Executive Director Ligang Gao is the most experienced director on the board, commencing their role in 2014. Independent Non-Executive Director Chi Cheung Tang 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. Lack of experienced directors.Reported Earnings • Mar 18Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: CN¥0.19 (up from CN¥0.19 in FY 2020). Revenue: CN¥80.7b (up 14% from FY 2020). Net income: CN¥9.73b (up 1.8% from FY 2020). Profit margin: 12% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 100%. Over the next year, revenue is expected to shrink by 5.2% compared to a 36% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.064 (vs CN¥0.059 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥22.3b (up 21% from 3Q 2020). Net income: CN¥3.21b (up 7.8% from 3Q 2020). Profit margin: 14% (down from 16% 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 2% per year whereas the company’s share price has increased by 7% per year.Executive Departure • Sep 10Non Executive Director Mingliang Li has left the companyOn the 9th of September, Mingliang Li's tenure as Non Executive Director ended after less than a year in the role. We don't have any record of a personal shareholding under Mingliang's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.33 years.Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.062 (vs CN¥0.073 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¥19.7b (up 11% from 2Q 2020). Net income: CN¥3.12b (down 15% from 2Q 2020). Profit margin: 16% (down from 21% 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 3% per year whereas the company’s share price has fallen by 2% per year.Upcoming Dividend • May 21Upcoming dividend of CN¥0.08 per shareEligible shareholders must have bought the stock before 28 May 2021. Payment date: 08 July 2021. Trailing yield: 5.2%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (4.0%).Reported Earnings • Apr 24First quarter 2021 earnings released: EPS CN¥0.047 (vs CN¥0.03 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥17.1b (up 25% from 1Q 2020). Net income: CN¥2.37b (up 55% from 1Q 2020). Profit margin: 14% (up from 11% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 20Full year 2020 earnings released: EPS CN¥0.19 (vs CN¥0.20 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥70.6b (up 16% from FY 2019). Net income: CN¥9.56b (up 1.0% from FY 2019). Profit margin: 14% (down from 16% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat.Executive Departure • Feb 26Non-Executive Director has left the companyOn the 25th of February, Wei Wang's tenure as Non-Executive Director ended after less than a year in the role. We don't have any record of a personal shareholding under Wei's name. A total of 6 executives have left over the last 12 months.Is New 90 Day High Low • Jan 21New 90-day high: €0.21The company is up 26% from its price of €0.17 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.50 per share.Is New 90 Day High Low • Jan 07New 90-day high: €0.20The company is up 30% from its price of €0.16 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.31 per share.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥9.35b, down 8.4% from the prior year. Total revenue was CN¥67.6b over the last 12 months, up 17% from the prior year.収支内訳CGN Power の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史DB:94C 収益、費用、利益 ( )CNY Millions日付収益収益G+A経費研究開発費30 Sep 2484,97611,0082,6522,26330 Jun 2482,65010,8752,7062,05431 Mar 2483,44110,8422,7672,32331 Dec 2382,54910,7252,9042,42030 Sep 2384,25010,8742,6552,02830 Jun 2385,47611,0212,5912,09931 Mar 2383,93410,5982,5881,94601 Jan 2382,8229,9642,5991,87030 Sep 2279,9599,8112,6971,90230 Jun 2280,43510,1682,6211,68031 Mar 2280,70810,2412,4641,67601 Jan 2280,6799,7642,5321,75330 Sep 2179,82410,1202,6081,89030 Jun 2175,9449,8552,6451,83331 Mar 2173,98610,4042,6101,64031 Dec 2070,5859,5622,6831,53630 Sep 2067,6329,3522,7041,56830 Jun 2065,8599,6482,6391,48031 Mar 2061,7468,4802,8491,48831 Dec 1960,8759,4662,6681,48330 Sep 1957,59210,2212,90695630 Jun 1954,3409,1592,7471,07631 Mar 1952,7848,7362,4921,04531 Dec 1850,8288,7032,3691,02030 Sep 1847,8467,4682,20016130 Jun 1846,8677,9762,24717031 Mar 1845,3428,9402,3277731 Dec 1744,9899,5002,423030 Sep 1742,30610,5932,11820030 Jun 1738,7099,6522,428031 Mar 1735,5818,4702,393031 Dec 1632,4537,2872,358030 Sep 1632,1247,2812,448030 Jun 1631,7967,2762,539031 Mar 1629,0667,1532,376031 Dec 1526,3367,0292,213030 Jun 1520,2087,1151,540031 Mar 1520,3116,6541,532031 Dec 1420,4156,1931,523030 Sep 1419,1614,4581,145030 Jun 1418,6664,0981,193031 Mar 1417,8884,1461,1120質の高い収益: 94Cは 高品質の収益 を持っています。利益率の向上: 94Cの現在の純利益率 (13%)は、昨年(12.9%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 94Cの収益は過去 5 年間で年間3.3%増加しました。成長の加速: 94Cの過去 1 年間の収益成長率 ( 1.2% ) は、5 年間の平均 ( 年間3.3%を下回っています。収益対業界: 94Cの過去 1 年間の収益成長率 ( 1.2% ) はRenewable Energy業界-11.3%を上回りました。株主資本利益率高いROE: 94Cの 自己資本利益率 ( 10.1% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YUtilities 、過去の業績が好調な企業。View Financial Health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2025/01/25 21:30終値2024/10/29 00:00収益2024/09/30年間収益2023/12/31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CGN Power Co., Ltd. 10 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。34 アナリスト機関Ephrem RaviBarclaysGary TsangBofA Global ResearchCheuk-Wai WongChina Galaxy International Securities (Hong Kong)31 その他のアナリストを表示
お知らせ • Mar 31CGN Power Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026CGN Power Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
お知らせ • Dec 31CGN Power Co., Ltd. to Report Fiscal Year 2025 Results on Mar 26, 2026CGN Power Co., Ltd. announced that they will report fiscal year 2025 results on Mar 26, 2026
お知らせ • Sep 30CGN Power Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025CGN Power Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
お知らせ • Jul 02CGN Power Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025CGN Power Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025
お知らせ • Mar 31CGN Power Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025CGN Power Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025
お知らせ • Dec 31CGN Power Co., Ltd. to Report Fiscal Year 2024 Results on Mar 27, 2025CGN Power Co., Ltd. announced that they will report fiscal year 2024 results on Mar 27, 2025
お知らせ • Mar 31CGN Power Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026CGN Power Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
お知らせ • Mar 25+ 1 more updateCGN Power Co., Ltd., Annual General Meeting, May 20, 2026CGN Power Co., Ltd., Annual General Meeting, May 20, 2026.
お知らせ • Jan 21CGN Power Co., Ltd. Appoints Zhou Jianping as General CounselCGN Power Co., Ltd. announces that, pursuant to the Articles of Association of CGN Power Co., Ltd., and upon consideration by the Board, Mr. Zhou Jianping has been appointed as the general counsel of the Company. Mr. Zhou, born in 1972, has served as a vice president of the Company since January 2023. He has a doctorate degree and is a professorate senior engineer. Mr. Zhou has more than 25 years of experience in the nuclear power industry. From June 2014 to July 2018, he successively served as an assistant to the general manager and the deputy general manager of Guangxi Fangchenggang Nuclear Power Co., Ltd. He served as the general manager of the Safety and Quality Assurance Department of the Company from July 2018 to March 2019, the secretary of the party committee and the general manager of Fangchenggang Nuclear from March 2019 to December 2020, and the secretary of the party committee and the chairman of the board of directors of Fangchenggang Nuclear from December 2020 to February 2022. During his time as the secretary of the party committee and the chairman of the board of directors of Fangchenggang Nuclear from February 2022 to April 2022, he also served as the general manager of the Safety, Quality and Environmental Department of the Company. He served as the general manager of the Safety, Quality and Environmental Department of the Company from April 2022 to September 2023. The terms of office of Mr. Zhou concurrently acting as the general counsel of the Company shall commence on January 21, 2026 and expire on December 31, 2027. The board of the Company comprises Mr. Pang Songtao as an executive Director; Mr. Yang Changli, Ms. Li Li, Mr. Feng Jian and Mr. Liu Huanbing as non-executive Directors; Mr. Wong Ming Fung, Mr. Li Fuyou and Ms. Xu Hua as independent non-executive Directors.
お知らせ • Dec 31CGN Power Co., Ltd. to Report Fiscal Year 2025 Results on Mar 26, 2026CGN Power Co., Ltd. announced that they will report fiscal year 2025 results on Mar 26, 2026
お知らせ • Sep 30CGN Power Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025CGN Power Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
お知らせ • Aug 27CGN Power Co., Ltd. Proposes Abolishment of the Supervisory CommitteeThe board of directors of CGN Power Co., Ltd. announced that, to comply with regulatory requirements, the Company proposes to amend certain articles under the existing Articles of Association. After amendment the English name will remain unchanged; the Supervisory Committee will be abolished, and its duties and powers as stipulated in the Company Law will be exercised by the Audit and Risk Management Committee of the Board; the Procedural Rules of the Supervisory Committee of the Company and other policies related to the Supervisory Committee will be repealed accordingly.
お知らせ • Jul 02CGN Power Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025CGN Power Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025
お知らせ • May 21Cgn Power Co., Ltd. Approves Final Dividend for the Year Ended December 31, 2024, Payable on or Around 03 July 2025CGN Power Co., Ltd. in its 2024 Annual General meeting held on May 21, 2025 approved to pay an annual final dividend in cash on or around July 3, 2025 to the Shareholders whose names appear on the register of members of the Company on June 2, 2025, being the record date. The cash dividend in respect of the year 2024 shall be denominated and declared in RMB at RMB 0.095 per Share (tax inclusive).
お知らせ • Mar 31CGN Power Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025CGN Power Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025
お知らせ • Mar 27+ 1 more updateCGN Power Co., Ltd., Annual General Meeting, May 21, 2025CGN Power Co., Ltd., Annual General Meeting, May 21, 2025.
お知らせ • Dec 31CGN Power Co., Ltd. to Report Fiscal Year 2024 Results on Mar 27, 2025CGN Power Co., Ltd. announced that they will report fiscal year 2024 results on Mar 27, 2025
Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: CN¥0.057 (vs CN¥0.054 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.057 (up from CN¥0.054 in 3Q 2023). Revenue: CN¥22.9b (up 11% from 3Q 2023). Net income: CN¥2.87b (up 4.9% from 3Q 2023). Profit margin: 13% (in line with 3Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year.
お知らせ • Sep 30CGN Power Co., Ltd. to Report Q3, 2024 Results on Oct 24, 2024CGN Power Co., Ltd. announced that they will report Q3, 2024 results on Oct 24, 2024
Reported Earnings • Aug 22Second quarter 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.069 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.07 (up from CN¥0.069 in 2Q 2023). Revenue: CN¥20.2b (down 3.8% from 2Q 2023). Net income: CN¥3.51b (flat on 2Q 2023). Profit margin: 17% (in line with 2Q 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 29CGN Power Co., Ltd. to Report First Half, 2024 Results on Aug 22, 2024CGN Power Co., Ltd. announced that they will report first half, 2024 results on Aug 22, 2024
お知らせ • May 30+ 1 more updateCgn Power Co., Ltd. Approves Final Dividend for the Year Ended December 31, 2023, Payable on or Around July 10, 2024CGN Power Co., Ltd. announced that as approved by the Shareholders at the AGM, the Board announce the following details in respect of the payment of final dividend for the year ended December 31, 2023 to the Shareholders: The Company will pay an annual final dividend in cash on or around July 10, 2024 to the Shareholders whose names appear on the register of members of the Company on June 11, 2024, being the record date. The cash dividend in respect of the year 2023 shall be denominated and declared in RMB at RMB0.094 per Share (tax inclusive).
Upcoming Dividend • May 28Upcoming dividend of CN¥0.094 per shareEligible shareholders must have bought the stock before 04 June 2024. Payment date: 10 July 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (3.6%).
お知らせ • Mar 30CGN Power Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024CGN Power Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024
Declared Dividend • Mar 29Dividend of CN¥0.094 announcedShareholders will receive a dividend of CN¥0.094. Ex-date: 4th June 2024 Payment date: 10th July 2024 Dividend yield will be 42%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 48% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 28Full year 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.20 in FY 2022)Full year 2023 results: EPS: CN¥0.21 (up from CN¥0.20 in FY 2022). Revenue: CN¥82.5b (flat on FY 2022). Net income: CN¥10.7b (up 7.6% from FY 2022). Profit margin: 13% (up from 12% in FY 2022). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 6% per year.
お知らせ • Mar 27CGN Power Co., Ltd. Proposes Final Dividend for the Year Ended December 31, 2023, Payable on 10 July 2024CGN Power Co., Ltd. proposed final dividend for the year ended December 31, 2023 of RMB 0.094 per share with Ex-dividend date: 04 June 2024; Record date: 11 June 2024; Payment date: 10 July 2024.
New Risk • Mar 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
New Risk • Jan 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.0% average weekly change).
お知らせ • Dec 29CGN Power Co., Ltd. to Report Fiscal Year 2023 Results on Mar 28, 2024CGN Power Co., Ltd. announced that they will report fiscal year 2023 results on Mar 28, 2024
Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.054 (vs CN¥0.057 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.054 (down from CN¥0.057 in 3Q 2022). Revenue: CN¥20.6b (down 5.6% from 3Q 2022). Net income: CN¥2.74b (down 5.0% from 3Q 2022). Profit margin: 13% (in line with 3Q 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year.
お知らせ • Oct 10CGN Power Co., Ltd. Announces Director AppointmentsCGN Power Co., Ltd. announced at the EGM held on October 9, 2023, approved election of Ms. Li Li, Mr. Pang Songtao and Mr. Liu Huanbing as a non-executive Director; Mr. Wong Ming Fung and Ms. Xu Hua as an independent non-executive Director and Mr. Shi Weiqi as a non-employee representative Supervisor. Mr. Liu Huanbing, born in 1973, is a non-executive Director. He holds a master' s degree and is a senior accountant (researcher-level). Mr. Liu Huanbing has more than 25 years of experience in financial management, investment and financing management and other areas. He successively served as the director of finance department and the director of budget department of China National Nuclear Corporation from August 2011 to July 2015. He also served as the chief accountant of China Nuclear (Tianjin) Machinery Co., Ltd. from July 2015 to October 2020, and the chief accountant of China Nuclear Energy Industry Corporation from October 2020 to July 2022. He has served as the chief accountant of China Nuclear Power Co., Ltd., the shares of which are listed on the Shanghai Stock Exchange, since July 2022, a director of CNNC Financial Leasing Co., Ltd. since October 2022, chairman of the supervisory committee of CNNC Nuclear Power Operation Management Co., Ltd. since November 2022 and a director of CNNC Finance Co., Ltd. since April 2023.
お知らせ • Sep 30CGN Power Co., Ltd. to Report Q3, 2023 Results on Oct 26, 2023CGN Power Co., Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023
お知らせ • Aug 25CGN Power Co., Ltd. Announces Board ResignationsCGN Power Co., Ltd. announced that among members of the third session of the Board, Mr. Shi Bing and Mr. Gu Jian will retire and cease to be candidates for non-executive Directors of the fourth session of the Board due to the expiry of their term of office, and Mr. Yang Jiayi, Mr. Xia Ceming and Mr. Tang Chi Cheung will retire and cease to be candidates for independent non-executive Directors of the fourth session of the Board as their term of office has also expired. Their retirement will take effect upon the appointment of new Directors at the EGM. Among members of the third session of the Supervisory Committee, Ms. Zhu Hui has tendered a resignation report in relation to her resignation from the position of employee representative Supervisor of the fourth session of the Supervisory Committee, and Mr. Wang Hongxin will retire and cease to be an employee representative Supervisor of the fourth session of the Supervisory Committee as his term of office has expired.
Reported Earnings • Aug 23Second quarter 2023 earnings released: EPS: CN¥0.069 (vs CN¥0.061 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.069 (up from CN¥0.061 in 2Q 2022). Revenue: CN¥21.0b (up 7.9% from 2Q 2022). Net income: CN¥3.47b (up 14% from 2Q 2022). Profit margin: 17% (in line with 2Q 2022). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 6% per year.
お知らせ • Jul 01CGN Power Co., Ltd. to Report First Half, 2023 Results on Aug 24, 2023CGN Power Co., Ltd. announced that they will report first half, 2023 results on Aug 24, 2023
Upcoming Dividend • May 23Upcoming dividend of CN¥0.087 per share at 4.7% yieldEligible shareholders must have bought the stock before 30 May 2023. Payment date: 07 July 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.7%).
Reported Earnings • Mar 17Full year 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.19 in FY 2021)Full year 2022 results: EPS: CN¥0.20 (up from CN¥0.19 in FY 2021). Revenue: CN¥82.8b (up 2.7% from FY 2021). Net income: CN¥9.96b (up 2.4% from FY 2021). Profit margin: 12% (in line with FY 2021). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 8.8% decline forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.
お知らせ • Feb 11CGN Power Co., Ltd. Appoints Mr. Feng Jian as Non-Executive DirectorCGN Power Co., Ltd. announced that at its EGM held on February 10, 2023, Mr. Feng Jian is appointed as the non-executive Director and his term of office shall take effect from the date of approval at the EGM until the expiry of the term of third session of the Board. The Board further announces that Mr. Feng is appointed as a member of the remuneration committee and the nuclear safety committee of the third session of the Board of the Company. His term of office shall take effect from the date of approval at the EGM until the expiry of the term of third session of the Board.
Board Change • Nov 16Less than half of directors are independentThere are 8 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: 8 new directors. 2 experienced directors. 2 highly experienced directors. 4 independent directors (6 non-independent directors). President & Executive Director Ligang Gao is the most experienced director on the board, commencing their role in 2014. Independent Non-Executive Director Chi Cheung Tang 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. Lack of experienced directors.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.057 (vs CN¥0.064 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.057 (down from CN¥0.064 in 3Q 2021). Revenue: CN¥21.8b (down 2.1% from 3Q 2021). Net income: CN¥2.89b (down 10% from 3Q 2021). Profit margin: 13% (down from 14% in 3Q 2021). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year.
Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.061 (vs CN¥0.062 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.061 (down from CN¥0.062 in 2Q 2021). Revenue: CN¥19.4b (down 1.4% from 2Q 2021). Net income: CN¥3.05b (down 2.3% from 2Q 2021). Profit margin: 16% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 3.2% compared to a 10% decline forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 2% per year.
Upcoming Dividend • May 24Upcoming dividend of CN¥0.084 per shareEligible shareholders must have bought the stock before 31 May 2022. Payment date: 07 July 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.2%). Higher than average of industry peers (1.6%).
Board Change • Apr 27Less than half of directors are independentThere are 8 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: 8 new directors. 2 experienced directors. 2 highly experienced directors. 4 independent directors (6 non-independent directors). President & Executive Director Ligang Gao is the most experienced director on the board, commencing their role in 2014. Independent Non-Executive Director Chi Cheung Tang 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. Lack of experienced directors.
Reported Earnings • Mar 18Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: CN¥0.19 (up from CN¥0.19 in FY 2020). Revenue: CN¥80.7b (up 14% from FY 2020). Net income: CN¥9.73b (up 1.8% from FY 2020). Profit margin: 12% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 100%. Over the next year, revenue is expected to shrink by 5.2% compared to a 36% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.064 (vs CN¥0.059 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥22.3b (up 21% from 3Q 2020). Net income: CN¥3.21b (up 7.8% from 3Q 2020). Profit margin: 14% (down from 16% 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 2% per year whereas the company’s share price has increased by 7% per year.
Executive Departure • Sep 10Non Executive Director Mingliang Li has left the companyOn the 9th of September, Mingliang Li's tenure as Non Executive Director ended after less than a year in the role. We don't have any record of a personal shareholding under Mingliang's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.33 years.
Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.062 (vs CN¥0.073 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¥19.7b (up 11% from 2Q 2020). Net income: CN¥3.12b (down 15% from 2Q 2020). Profit margin: 16% (down from 21% 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 3% per year whereas the company’s share price has fallen by 2% per year.
Upcoming Dividend • May 21Upcoming dividend of CN¥0.08 per shareEligible shareholders must have bought the stock before 28 May 2021. Payment date: 08 July 2021. Trailing yield: 5.2%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (4.0%).
Reported Earnings • Apr 24First quarter 2021 earnings released: EPS CN¥0.047 (vs CN¥0.03 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥17.1b (up 25% from 1Q 2020). Net income: CN¥2.37b (up 55% from 1Q 2020). Profit margin: 14% (up from 11% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 20Full year 2020 earnings released: EPS CN¥0.19 (vs CN¥0.20 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥70.6b (up 16% from FY 2019). Net income: CN¥9.56b (up 1.0% from FY 2019). Profit margin: 14% (down from 16% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat.
Executive Departure • Feb 26Non-Executive Director has left the companyOn the 25th of February, Wei Wang's tenure as Non-Executive Director ended after less than a year in the role. We don't have any record of a personal shareholding under Wei's name. A total of 6 executives have left over the last 12 months.
Is New 90 Day High Low • Jan 21New 90-day high: €0.21The company is up 26% from its price of €0.17 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.50 per share.
Is New 90 Day High Low • Jan 07New 90-day high: €0.20The company is up 30% from its price of €0.16 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.31 per share.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥9.35b, down 8.4% from the prior year. Total revenue was CN¥67.6b over the last 12 months, up 17% from the prior year.