Announcement • Jun 30
GEPIC Energy Development Co., Ltd. to Report First Half, 2026 Results on Aug 15, 2026 GEPIC Energy Development Co., Ltd. announced that they will report first half, 2026 results on Aug 15, 2026 Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥10.45, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Renewable Energy industry in China. Total returns to shareholders of 118% over the past three years. Declared Dividend • May 20
Dividend increased to CN¥0.23 Dividend of CN¥0.23 is 28% higher than last year. Ex-date: 22nd May 2026 Payment date: 22nd May 2026 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 32% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CN¥10.12, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Renewable Energy industry in China. Total returns to shareholders of 101% over the past three years. Reported Earnings • Apr 30
First quarter 2026 earnings released: EPS: CN¥0.15 (vs CN¥0.15 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.15 (up from CN¥0.15 in 1Q 2025). Revenue: CN¥2.39b (up 6.9% from 1Q 2025). Net income: CN¥487.2m (up 1.6% from 1Q 2025). Profit margin: 20% (down from 21% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Renewable Energy industry in China. 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 16% per year, which means it is significantly lagging earnings growth. New Risk • Apr 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese 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: Minor Risks High level of debt (77% net debt to equity). 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). Board Change • Apr 24
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Non-Independent Director Tao Xiang was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥7.18, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Renewable Energy industry in China. Total returns to shareholders of 47% over the past three years. Announcement • Mar 31
GEPIC Energy Development Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 GEPIC Energy Development Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Reported Earnings • Mar 30
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: CN¥0.63 (up from CN¥0.53 in FY 2024). Revenue: CN¥9.07b (up 4.3% from FY 2024). Net income: CN¥2.05b (up 25% from FY 2024). Profit margin: 23% (up from 19% in FY 2024). Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) exceeded analyst estimates by 1.6%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Mar 28
GEPIC Energy Development Co., Ltd., Annual General Meeting, Apr 21, 2026 GEPIC Energy Development Co., Ltd., Annual General Meeting, Apr 21, 2026, at 15:00 China Standard Time. Location: 24F, No. 69, Beibinhe East Road, Chengguan District, Lanzhou, Gansu China Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥7.71, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Renewable Energy industry in China. Total returns to shareholders of 49% over the past three years. Buy Or Sell Opportunity • Feb 14
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.8% to CN¥6.51. The fair value is estimated to be CN¥8.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 49% over the last 3 years. Earnings per share has grown by 35%. Revenue is forecast to grow by 32% in 2 years. Earnings are forecast to grow by 27% in the next 2 years. Buy Or Sell Opportunity • Jan 21
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.1% to CN¥6.94. The fair value is estimated to be CN¥8.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 49% over the last 3 years. Earnings per share has grown by 35%. Revenue is forecast to grow by 41% in 2 years. Earnings are forecast to grow by 32% in the next 2 years. Announcement • Dec 31
GEPIC Energy Development Co., Ltd. to Report Fiscal Year 2025 Results on Mar 28, 2026 GEPIC Energy Development Co., Ltd. announced that they will report fiscal year 2025 results on Mar 28, 2026 Buy Or Sell Opportunity • Nov 17
Now 21% undervalued Over the last 90 days, the stock has risen 7.0% to CN¥6.88. The fair value is estimated to be CN¥8.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 49% over the last 3 years. Earnings per share has grown by 35%. Revenue is forecast to grow by 41% in 2 years. Earnings are forecast to grow by 30% in the next 2 years. Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.23 (vs CN¥0.21 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.23 (up from CN¥0.21 in 3Q 2024). Revenue: CN¥2.59b (up 203% from 3Q 2024). Net income: CN¥757.0m (up 128% from 3Q 2024). Profit margin: 29% (down from 39% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
GEPIC Energy Development Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 GEPIC Energy Development Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Aug 16
Second quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.11 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.11. Revenue: CN¥1.69b (flat on 2Q 2024). Net income: CN¥345.1m (up 1.2% from 2Q 2024). Profit margin: 20% (in line with 2Q 2024). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Renewable Energy industry in China. Announcement • Jul 02
GEPIC Energy Development Co., Ltd. to Report First Half, 2025 Results on Aug 15, 2025 GEPIC Energy Development Co., Ltd. announced that they will report first half, 2025 results on Aug 15, 2025 Reported Earnings • May 05
First quarter 2025 earnings released: EPS: CN¥0.15 (vs CN¥0.032 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.15 (up from CN¥0.032 in 1Q 2024). Revenue: CN¥2.24b (up 344% from 1Q 2024). Net income: CN¥479.6m (up CN¥428.1m from 1Q 2024). Profit margin: 21% (up from 10% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Apr 01
GEPIC Energy Development Co., Ltd. Proposes Final Cash Dividend for the Year 2024 GEPIC Energy Development Co., Ltd. proposed final cash dividend/10 shares (tax included) of CNY 1.80000000 for the year 2024. Price Target Changed • Mar 31
Price target increased by 20% to CN¥8.37 Up from CN¥6.97, the current price target is provided by 1 analyst. New target price is 27% above last closing price of CN¥6.57. Stock is up 13% over the past year. The company is forecast to post earnings per share of CN¥0.59 for next year compared to CN¥0.53 last year. Announcement • Mar 31
GEPIC Energy Development Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 GEPIC Energy Development Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Reported Earnings • Mar 30
Full year 2024 earnings released: EPS: CN¥0.53 (vs CN¥0.33 in FY 2023) Full year 2024 results: EPS: CN¥0.53 (up from CN¥0.33 in FY 2023). Revenue: CN¥8.70b (up 229% from FY 2023). Net income: CN¥1.64b (up 215% from FY 2023). Profit margin: 19% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Mar 29
GEPIC Energy Development Co., Ltd., Annual General Meeting, Apr 22, 2025 GEPIC Energy Development Co., Ltd., Annual General Meeting, Apr 22, 2025, at 15:00 China Standard Time. Location: 24F, No. 69, Beibinhe East Road, Chengguan District, Lanzhou, Gansu China New Risk • Jan 12
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 103% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Shareholders have been substantially diluted in the past year (103% increase in shares outstanding). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Dec 31
GEPIC Energy Development Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025 GEPIC Energy Development Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.21 (vs CN¥0.20 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.21 (up from CN¥0.20 in 3Q 2023). Revenue: CN¥857.4m (up 3.3% from 3Q 2023). Net income: CN¥332.0m (up 5.1% from 3Q 2023). Profit margin: 39% (in line with 3Q 2023). Revenue is forecast to grow 9.0% 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 27% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
GEPIC Energy Development Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 GEPIC Energy Development Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥6.60, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Renewable Energy industry in China. Total returns to shareholders of 4.2% over the past three years. Announcement • Sep 26
GEPIC Energy Development Co., Ltd. (SZSE:000791) agreed to acquire 66% stake in Gansu Diantou Changle Power Generation Co., Ltd. from Gansu Province Electric Power Investment Group Co.,Ltd. for CNY 8.4 billion. GEPIC Energy Development Co., Ltd. (SZSE:000791) agreed to acquire 66% stake in Gansu Diantou Changle Power Generation Co., Ltd. from Gansu Province Electric Power Investment Group Co.,Ltd. for CNY 8.4 billion on September 23, 2024. As per the transaction, GEPIC Energy Development Co., Ltd. will pay CNY 1.1 billion in cash and will issue 1.3 billion shares. The cash part of the transaction will be funded through the raising of the package funds through this issuance will not exceed CNY 1.9 billion. The transaction is approved by board of directors of GEPIC Energy Development Co., Ltd. and is subject to approval by Shenzhen Stock Exchange. As of March 31, 2024, Gansu Diantou Changle Power Generation Co., Ltd. reported total assets of CNY 13.36 billion and total common equity of CNY 4.45 billion. CSC Financial Co., Ltd. and China Dragon Securities Co., Ltd. acted as financial advisors to GEPIC Energy Development Co., Ltd. Reported Earnings • Aug 10
Second quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.18 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.15 (down from CN¥0.18 in 2Q 2023). Revenue: CN¥730.2m (flat on 2Q 2023). Net income: CN¥235.3m (down 18% from 2Q 2023). Profit margin: 32% (down from 39% in 2Q 2023). Revenue is forecast to grow 8.6% 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 20% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Jun 29
GEPIC Energy Development Co., Ltd. to Report First Half, 2024 Results on Aug 10, 2024 GEPIC Energy Development Co., Ltd. announced that they will report first half, 2024 results on Aug 10, 2024 New Risk • May 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.3% 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 Risks Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Earnings have declined by 3.1% per year over the past 5 years. 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 (8.3% average weekly change). Board Change • May 19
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Independent Director Dong Wang is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • May 11
Gepic Energy Development Co., Ltd. Announces Dividend Implementation of 2023 Final Profit Distribution, Payable on 16 May 2024 GEPIC Energy Development Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 1.10000000. Record date: 15 May 2024; Ex-date: 16 May 2024; Payment date: 16 May 2024. Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.032 (vs CN¥0.027 loss in 1Q 2023) First quarter 2024 results: EPS: CN¥0.032 (up from CN¥0.027 loss in 1Q 2023). Revenue: CN¥504.5m (up 42% from 1Q 2023). Net income: CN¥51.5m (up CN¥94.1m from 1Q 2023). Profit margin: 10% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Apr 16
Now 21% undervalued Over the last 90 days, the stock has risen 8.0% to CN¥5.91. The fair value is estimated to be CN¥7.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years, while earnings per share has been flat. Reported Earnings • Mar 31
Full year 2023 earnings released: EPS: CN¥0.33 (vs CN¥0.22 in FY 2022) Full year 2023 results: EPS: CN¥0.33 (up from CN¥0.22 in FY 2022). Revenue: CN¥2.64b (up 29% from FY 2022). Net income: CN¥521.1m (up 73% from FY 2022). Profit margin: 20% (up from 15% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥6.27, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 18x in the Renewable Energy industry in China. Total returns to shareholders of 40% over the past three years. Announcement • Mar 07
GEPIC Energy Development to Buy Stake in Power Generation Firm GEPIC Energy Development Co., Ltd. (SZSE:000791) said it plans to buy 66% stake in power generation firm via share issue, cash, transaction price to be determined. The company said trading in shares to halt from March 6. Announcement • Dec 29
GEPIC Energy Development Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024 GEPIC Energy Development Co., Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024 Board Change • Oct 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Qing Biao Li was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.16 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.20 (up from CN¥0.16 in 3Q 2022). Revenue: CN¥829.8m (up 30% from 3Q 2022). Net income: CN¥315.9m (up 44% from 3Q 2022). Profit margin: 38% (up from 34% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Announcement • Sep 30
GEPIC Energy Development Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023 GEPIC Energy Development Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Announcement • Jul 01
GEPIC Energy Development Co., Ltd. to Report First Half, 2023 Results on Aug 10, 2023 GEPIC Energy Development Co., Ltd. announced that they will report first half, 2023 results on Aug 10, 2023 Announcement • May 26
Gepic Energy Development Co., Ltd. Announces Cash Dividend, Payable on 1 June 2023 GEPIC Energy Development Co., Ltd. announced Cash dividend per 10 shares (tax included): CNY 0.60000000, Record date: 31 May 2023, Ex-date: 01 June 2023, Payment date is 01 June 2023. Reported Earnings • Apr 28
First quarter 2023 earnings released: CN¥0.027 loss per share (vs CN¥0.054 profit in 1Q 2022) First quarter 2023 results: CN¥0.027 loss per share (down from CN¥0.054 profit in 1Q 2022). Revenue: CN¥356.0m (down 23% from 1Q 2022). Net loss: CN¥42.6m (down 158% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Buying Opportunity • Dec 19
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 1.2%. The fair value is estimated to be CN¥6.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.2% over the last 3 years. Earnings per share has declined by 16%. Board Change • Oct 31
High number of new directors Non-Independent Director Qing Biao Li was the last director to join the board, commencing their role in 2022. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.12 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.16 (up from CN¥0.12 in 3Q 2021). Revenue: CN¥638.9m (up 9.1% from 3Q 2021). Net income: CN¥219.8m (up 36% from 3Q 2021). Profit margin: 34% (up from 28% in 3Q 2021). The increase in margin was primarily driven by higher revenue. 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 12% per year, which means it is well ahead of earnings. Announcement • Sep 20
GEPIC Energy Development Co., Ltd. Announces Election of Directors GEPIC Energy Development Co., Ltd. announced that at its Extraordinary General Meeting held on September 16, 2022, approved the election of Li Qingbiao, Zuo Dongmei and Xiang Tao as non-independent directors. Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥5.09, the stock trades at a trailing P/E ratio of 26.7x. Average trailing P/E is 27x in the Renewable Energy industry in China. Total returns to shareholders of 43% over the past three years. Reported Earnings • Aug 11
Second quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.12 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.13 (up from CN¥0.12 in 2Q 2021). Revenue: CN¥575.6m (up 2.0% from 2Q 2021). Net income: CN¥173.6m (up 7.2% from 2Q 2021). Profit margin: 30% (up from 29% in 2Q 2021). 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 16% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 30
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥6.15, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 27x in the Renewable Energy industry in China. Total returns to shareholders of 53% over the past three years. Announcement • May 12
GEPIC Energy Development Co., Ltd. Announces the Implementation of Final Cash Dividend for the Year 2021, Payable on 19 May 2022 GEPIC Energy Development Co., Ltd. announced the implementation of final cash dividend of CNY 0.40000000 per 10 A shares (tax included) for the year 2021. Record date is 18 May 2022. Ex-date is 19 May 2022. Payment date is 19 May 2022. Reported Earnings • Apr 27
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: CN¥0.02 loss per share (down from CN¥0.011 loss in 1Q 2021). Revenue: CN¥345.0m (down 5.3% from 1Q 2021). Net loss: CN¥27.5m (loss widened 85% from 1Q 2021). Revenue missed analyst estimates by 33%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Independent Director Dong Wang is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Apr 23
GEPIC Energy Development Co., Ltd. Approves Final Cash Dividend for the Year 2021 GEPIC Energy Development Co., Ltd. at the AGM held on 21 April 2022, the shareholders approved for a final cash dividend of CNY 0.40000000 per 10 shares (tax included) for the year 2021. Announcement • Apr 02
GEPIC Energy Development Co., Ltd., Annual General Meeting, Apr 21, 2022 GEPIC Energy Development Co., Ltd., Annual General Meeting, Apr 21, 2022, at 15:00 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2021 annual report and its summary; to consider 2021 profit distribution plan; to consider 2022 planned operational objective; to consider Reappointment of 2022 audit firm; to consider 2022 estimated guarantee quota for the financing of controlled subsidiaries; and to consider other matters. Reported Earnings • Apr 01
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.19 (down from CN¥0.33 in FY 2020). Revenue: CN¥2.01b (down 11% from FY 2020). Net income: CN¥260.4m (down 41% from FY 2020). Profit margin: 13% (down from 20% in FY 2020). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 33%. Earnings per share (EPS) also missed analyst estimates by 94%. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Apr 01
GEPIC Energy Development Co., Ltd. Announces Proposal for Final Cash Dividend of 2021 GEPIC Energy Development Co., Ltd. announced on 31 March 2022 the profit distribution proposal for final cash dividend of 2021 of CNY 0.40000000 per 10 shares (tax included). Announcement • Feb 22
GEPIC Energy Development Co., Ltd. announced that it expects to receive CNY 1.2 billion in funding GEPIC Energy Development Co., Ltd. announced a private placement to receive up to CNY 1,200,000,000 in an equity round of funding on February 21, 2022. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥6.35, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 29x in the Renewable Energy industry in China. Total returns to shareholders of 92% over the past three years. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.21 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥585.4m (down 26% from 3Q 2020). Net income: CN¥161.8m (down 44% from 3Q 2020). Profit margin: 28% (down from 36% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥5.42, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 23x in the Renewable Energy industry in China. Total returns to shareholders of 89% over the past three years. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥7.05, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 25x in the Renewable Energy industry in China. Total returns to shareholders of 133% over the past three years. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥5.53, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 21x in the Renewable Energy industry in China. Total returns to shareholders of 83% over the past three years. Reported Earnings • Aug 11
Second quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.17 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥564.4m (down 8.4% from 2Q 2020). Net income: CN¥162.1m (down 30% from 2Q 2020). Profit margin: 29% (down from 38% in 2Q 2020). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Apr 28
First quarter 2021 earnings released: CN¥0.011 loss per share (vs CN¥0.028 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CN¥364.3m (up 12% from 1Q 2020). Net loss: CN¥14.9m (loss narrowed 61% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year. Reported Earnings • Mar 20
Full year 2020 earnings released: EPS CN¥0.33 (vs CN¥0.31 in FY 2019) The company reported a decent full year result with improved earnings, although revenues and profit margins were flat. Full year 2020 results: Revenue: CN¥2.26b (flat on FY 2019). Net income: CN¥442.1m (up 4.6% from FY 2019). Profit margin: 20% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥4.79, the stock trades at a trailing P/E ratio of 15.6x, up from the previous P/E ratio of 13.5x. Average P/E is 19x in the Renewable Energy industry in China. Total returns to shareholders over the past three years were flat. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥4.24, the stock is trading at a trailing P/E ratio of 13.8x, up from the previous P/E ratio of 12x. This compares to an average P/E of 16x in the Renewable Energy industry in China. Total return to shareholders over the past three years is a loss of 5.8%. Announcement • Feb 18
GEPIC Energy Development Co., Ltd. to Report Fiscal Year 2020 Results on Mar 20, 2021 GEPIC Energy Development Co., Ltd. announced that they will report fiscal year 2020 results on Mar 20, 2021 Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥4.23, the stock is trading at a trailing P/E ratio of 13.8x, down from the previous P/E ratio of 16.5x. This compares to an average P/E of 17x in the Renewable Energy industry in China. Total return to shareholders over the past three years is a loss of 19%. Is New 90 Day High Low • Jan 06
New 90-day high: CN¥5.06 The company is up 41% from its price of CN¥3.60 on 30 September 2020. The Chinese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 3.0% over the same period. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥4.48, the stock is trading at a trailing P/E ratio of 14.6x, up from the previous P/E ratio of 12.4x. This compares to an average P/E of 17x in the Renewable Energy industry in China. Total return to shareholders over the past three years is a loss of 14%. Is New 90 Day High Low • Dec 21
New 90-day high: CN¥4.13 The company is up 17% from its price of CN¥3.53 on 22 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is down 1.0% over the same period. Is New 90 Day High Low • Nov 18
New 90-day high: CN¥3.84 The company is up 2.0% from its price of CN¥3.76 on 20 August 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is flat over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥416.5m, down 11% from the prior year. Total revenue was CN¥2.21b over the last 12 months, down 3.7% from the prior year. Announcement • Jul 18
GEPIC Energy Development Co., Ltd. to Report First Half, 2020 Results on Aug 08, 2020 GEPIC Energy Development Co., Ltd. announced that they will report first half, 2020 results on Aug 08, 2020