GD Power DevelopmentLtd (600795) 주식 개요는 중국에서 발전 회사로 운영되고 있습니다. 자세히 보기600795 펀더멘털 분석스노우플레이크 점수가치 평가4/6미래 성장1/6과거 실적2/6재무 건전성1/6배당4/6강점주가수익률(13.1x)이 CN 시장(50.8x)보다 낮습니다.수익은 매년 6.29% 증가할 것으로 예상됩니다.동종업계 및 업계 대비 좋은 가치로 거래분석가들은 주가가 26.1% 상승할 것이라는 데 동의합니다.위험 분석부채는 operating cash flow로 충분히 감당되지 않습니다.4.88% 의 배당금은 잉여현금흐름으로 잘 충당되지 않습니다.모든 위험 점검 보기600795 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCN¥Current PriceCN¥4.9436.1% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-3b194b2016201920222025202620282031Revenue CN¥185.2bEarnings CN¥7.4bAdvancedSet Fair ValueView all narrativesGD Power Development Co.,Ltd 경쟁사Zhejiang Zheneng Electric PowerSymbol: SHSE:600023Market cap: CN¥80.9bGuangxi Guiguan Electric PowerCo.LtdSymbol: SHSE:600236Market cap: CN¥82.5bSDIC Power HoldingsSymbol: SHSE:600886Market cap: CN¥106.8bHuadian EnergySymbol: SHSE:600726Market cap: CN¥48.7b가격 이력 및 성과GD Power DevelopmentLtd 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가CN¥4.9452주 최고가CN¥6.0452주 최저가CN¥4.50베타0.0351개월 변동2.28%3개월 변동6.70%1년 변동5.11%3년 변동26.34%5년 변동98.39%IPO 이후 변동843.56%최근 뉴스 및 업데이트Major 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.공시 • 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 China공시 • 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.공시 • 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, 2026더 많은 업데이트 보기Recent 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.공시 • 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 China공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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 China공시 • 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, 2025공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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, 2024공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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, 2020주주 수익률600795CN Renewable EnergyCN 시장7D-2.2%-3.8%-2.4%1Y5.1%5.0%33.8%전체 주주 수익률 보기수익률 대 산업: 600795은 지난 1년 동안 5%의 수익을 기록한 CN Renewable Energy 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 600795은 지난 1년 동안 33.8%를 기록한 CN 시장보다 저조한 성과를 냈습니다.주가 변동성Is 600795's price volatile compared to industry and market?600795 volatility600795 Average Weekly Movement3.7%Renewable Energy Industry Average Movement7.0%Market Average Movement6.4%10% most volatile stocks in CN Market10.0%10% least volatile stocks in CN Market4.2%안정적인 주가: 600795는 지난 3개월 동안 CN 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 600795의 주간 변동성(4%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트199235,407Shibin Zhaowww.600795.com.cnGD Power Development Co.,Ltd는 중국에서 발전 회사로 운영되고 있습니다. 이 회사는 화력, 수력, 풍력, 태양광, 석탄, 화학 및 기타 자원을 통해 전력을 생산합니다. 총 설치 용량은 약 1억 5,579만 7,000킬로와트입니다.더 보기GD Power Development Co.,Ltd 기초 지표 요약GD Power DevelopmentLtd의 순이익과 매출은 시가총액과 어떻게 비교됩니까?600795 기초 통계시가총액CN¥88.11b순이익 (TTM)CN¥6.75b매출 (TTM)CN¥169.60b13.1x주가수익비율(P/E)0.5x주가매출비율(P/S)600795는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표600795 손익계산서 (TTM)매출CN¥169.60b매출원가CN¥143.89b총이익CN¥25.71b기타 비용CN¥18.96b순이익CN¥6.75b최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)0.38총이익률15.16%순이익률3.98%부채/자본 비율208.4%600795의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당4.9%현재 배당 수익률64%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/20 03:56종가2026/05/20 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스GD Power Development Co.,Ltd는 19명의 분석가가 다루고 있습니다. 이 중 6명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Yigong TaoChina Galaxy Securities Co., Ltd.Jun LiuChina International Capital Corporation LimitedJiani LiuChina International Capital Corporation Limited16명의 분석가 더 보기
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.
공시 • 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
공시 • 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.
공시 • 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
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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
