China Three Gorges Renewables (Group) Co.,Ltd.

SHSE:600905 Stock Report

Market Cap: CN¥129.1b

China Three Gorges Renewables (Group)Ltd Past Earnings Performance

Past criteria checks 2/6

China Three Gorges Renewables (Group)Ltd has been growing earnings at an average annual rate of 17.1%, while the Renewable Energy industry saw earnings growing at 10.4% annually. Revenues have been growing at an average rate of 25% per year. China Three Gorges Renewables (Group)Ltd's return on equity is 8.2%, and it has net margins of 23.6%.

Key information

17.1%

Earnings growth rate

7.4%

EPS growth rate

Renewable Energy Industry Growth7.2%
Revenue growth rate25.0%
Return on equity8.2%
Net Margin23.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Be Wary Of China Three Gorges Renewables (Group)Ltd (SHSE:600905) And Its Returns On Capital

Dec 10
Be Wary Of China Three Gorges Renewables (Group)Ltd (SHSE:600905) And Its Returns On Capital

Earnings Working Against China Three Gorges Renewables (Group) Co.,Ltd.'s (SHSE:600905) Share Price

Nov 22
Earnings Working Against China Three Gorges Renewables (Group) Co.,Ltd.'s (SHSE:600905) Share Price

Slowing Rates Of Return At China Three Gorges Renewables (Group)Ltd (SHSE:600905) Leave Little Room For Excitement

Aug 16
Slowing Rates Of Return At China Three Gorges Renewables (Group)Ltd (SHSE:600905) Leave Little Room For Excitement

China Three Gorges Renewables (Group) Co.,Ltd.'s (SHSE:600905) Low P/E No Reason For Excitement

Jul 26
China Three Gorges Renewables (Group) Co.,Ltd.'s (SHSE:600905) Low P/E No Reason For Excitement

These 4 Measures Indicate That China Three Gorges Renewables (Group)Ltd (SHSE:600905) Is Using Debt Extensively

May 22
These 4 Measures Indicate That China Three Gorges Renewables (Group)Ltd (SHSE:600905) Is Using Debt Extensively

China Three Gorges Renewables (Group) Co.,Ltd. (SHSE:600905) Might Not Be As Mispriced As It Looks

Apr 22
China Three Gorges Renewables (Group) Co.,Ltd. (SHSE:600905) Might Not Be As Mispriced As It Looks

The Returns On Capital At China Three Gorges Renewables (Group)Ltd (SHSE:600905) Don't Inspire Confidence

Mar 25
The Returns On Capital At China Three Gorges Renewables (Group)Ltd (SHSE:600905) Don't Inspire Confidence

Revenue & Expenses Breakdown

How China Three Gorges Renewables (Group)Ltd makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SHSE:600905 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2428,9566,8382,85020
30 Jun 2427,8406,7032,74526
31 Mar 2427,5317,1842,60321
31 Dec 2326,4857,1812,54717
30 Sep 2325,6956,4041,88619
30 Jun 2325,3876,6071,98611
31 Mar 2324,8777,2701,83512
31 Dec 2223,8127,1141,69514
30 Sep 2222,0848,0701,8079
30 Jun 2220,2017,7801,54110
31 Mar 2218,3937,0991,33310
31 Dec 2116,4176,4421,1737
30 Sep 2114,9575,3197774
30 Jun 2114,0255,2197133
31 Mar 2112,4634,2316761
31 Dec 2011,3153,6116651
30 Sep 2010,5943,6155792
30 Jun 2010,0613,0586582
31 Mar 209,3562,9554752
01 Jan 208,9572,8404862
01 Jan 197,3832,7744120
31 Dec 176,7812,45036912
31 Dec 165,1761,53436424

Quality Earnings: 600905 has high quality earnings.

Growing Profit Margin: 600905's current net profit margins (23.6%) are lower than last year (24.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 600905's earnings have grown by 17.1% per year over the past 5 years.

Accelerating Growth: 600905's earnings growth over the past year (6.8%) is below its 5-year average (17.1% per year).

Earnings vs Industry: 600905 earnings growth over the past year (6.8%) did not outperform the Renewable Energy industry 6.8%.

Return on Equity

High ROE: 600905's Return on Equity (8.2%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 11:32
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

China Three Gorges Renewables (Group) Co.,Ltd. is covered by 23 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Charlotte XiaBofA Global Research
Yigong TaoChina Galaxy Securities Co., Ltd.
Jiani LiuChina International Capital Corporation Limited