Announcement • Apr 24
CECEP Solar Energy Co.,Ltd., Annual General Meeting, May 15, 2026 CECEP Solar Energy Co.,Ltd., Annual General Meeting, May 15, 2026, at 14:20 China Standard Time. Location: No. 42, Xizhimen North Avenue, Haidian District, Beijing China Announcement • Mar 31
CECEP Solar Energy Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026 CECEP Solar Energy Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Dec 31
CECEP Solar Energy Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 CECEP Solar Energy Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Announcement • Sep 30
CECEP Solar Energy Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025 CECEP Solar Energy Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Announcement • Jul 02
CECEP Solar Energy Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025 CECEP Solar Energy Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Announcement • May 18
CECEP Solar Energy Co.,Ltd. Approves Cash Dividend for 2024 CECEP Solar Energy Co.,Ltd. at its Annual General Meeting held on 15 May 2025 approved cash dividend of CNY 0.56000000 per 10 shares (tax included) for 2024. Announcement • Apr 24
CECEP Solar Energy Co.,Ltd., Annual General Meeting, May 15, 2025 CECEP Solar Energy Co.,Ltd., Annual General Meeting, May 15, 2025, at 14:20 China Standard Time. Location: No. 42, Xizhimen North Avenue, Haidian District, Beijing China Announcement • Mar 31
CECEP Solar Energy Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025 CECEP Solar Energy Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Nov 23
CECEP Solar Energy Co.,Ltd. Approves Cash Dividend for the Third Quarter of 2024 CECEP Solar Energy Co.,Ltd. at its Extraordinary General Meeting held on 20 November 2024 approved the cash dividend of CNY 0.57000000 per 10 shares (tax included) for the third quarter of 2024. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.14 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.12 (down from CN¥0.14 in 3Q 2023). Revenue: CN¥1.53b (down 37% from 3Q 2023). Net income: CN¥476.5m (down 14% from 3Q 2023). Profit margin: 31% (up from 23% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 10% 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 fallen by 1% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥5.12, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Renewable Energy industry in China. Total loss to shareholders of 56% over the past three years. Announcement • Sep 30
CECEP Solar Energy Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024 CECEP Solar Energy Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.13 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.12 (down from CN¥0.13 in 2Q 2023). Revenue: CN¥1.83b (down 21% from 2Q 2023). Net income: CN¥463.6m (down 9.0% from 2Q 2023). Profit margin: 25% (up from 22% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Declared Dividend • Jul 03
Dividend of CN¥0.15 announced Shareholders will receive a dividend of CN¥0.15. Ex-date: 5th July 2024 Payment date: 5th July 2024 Dividend yield will be 3.1%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (37% 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 30% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 02
CECEP Solar Energy Co.,Ltd. Announces Final Cash Dividend of A Shares for 2023, Payable on 05 July 2024 CECEP Solar Energy Co.,Ltd. announced final cash dividend of CNY 1.45839000 per 10 A shares for 2023 (tax included). Record date: 04 July 2024. Ex-date: 05 July 2024. Payment date: 05 July 2024. Announcement • Jun 29
CECEP Solar Energy Co.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024 CECEP Solar Energy Co.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Board Change • Jun 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Liansuo An was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • May 12
Cecep Solar Energy Co.,Ltd. Announces Directorate Appointments CECEP Solar Energy Co.,Ltd. at its Annual General Meeting of 2023 on 09 May 2024, approved appointment of Cao Zijun, Xie Zhengwu, Wang Li and Liu Bin as non-independent directors; An Liansuo and Lu Jianping as independent directors and Zhu Zuohong as shareholder supervisors. Announcement • May 11
CECEP Solar Energy Co.,Ltd. Approves Cash Dividend for 2023 CECEP Solar Energy Co.,Ltd. at its Annual General Meeting of 2023 on 09 May 2024, approve Cash dividend/10 shares (tax included): CNY 1.46000000. Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.09 (vs CN¥0.10 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.09 (down from CN¥0.10 in 1Q 2023). Revenue: CN¥1.41b (down 17% from 1Q 2023). Net income: CN¥350.7m (down 9.8% from 1Q 2023). Profit margin: 25% (up from 23% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.6% 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 1% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 14
Full year 2023 earnings released: EPS: CN¥0.40 (vs CN¥0.41 in FY 2022) Full year 2023 results: EPS: CN¥0.40. Revenue: CN¥9.54b (up 3.3% from FY 2022). Net income: CN¥1.58b (up 14% from FY 2022). Profit margin: 17% (up from 15% in FY 2022). The increase in margin was driven by higher revenue. Announcement • Apr 13
CECEP Solar Energy Co.,Ltd., Annual General Meeting, May 09, 2024 CECEP Solar Energy Co.,Ltd., Annual General Meeting, May 09, 2024, at 14:00 China Standard Time. Announcement • Mar 30
CECEP Solar Energy Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024 CECEP Solar Energy Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥5.49, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Renewable Energy industry in China. Total loss to shareholders of 1.2% over the past three years. Announcement • Dec 29
CECEP Solar Energy Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 13, 2024 CECEP Solar Energy Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 13, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.11 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.14 (up from CN¥0.11 in 3Q 2022). Revenue: CN¥2.41b (up 2.5% from 3Q 2022). Net income: CN¥551.0m (up 43% from 3Q 2022). Profit margin: 23% (up from 16% in 3Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 22% 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 increased by 4% per year whereas the company’s share price has increased by 8% per year. Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.17 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.17 in 2Q 2022). Revenue: CN¥2.32b (up 8.6% from 2Q 2022). Net income: CN¥509.6m (down 1.5% from 2Q 2022). Profit margin: 22% (down from 24% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% 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 increased by 3% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 21
CECEP Solar Energy Co.,Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on June 28, 2023 CECEP Solar Energy Co.,Ltd. announced final cash dividend of CNY 1.28 per 10 shares on A shares for the year 2022. Record date is June 27, 2023, Ex-Date is June 28, 2023 and Payment Date is June 28, 2023. Reported Earnings • Apr 13
Full year 2022 earnings released: EPS: CN¥0.41 (vs CN¥0.39 in FY 2021) Full year 2022 results: EPS: CN¥0.41 (up from CN¥0.39 in FY 2021). Revenue: CN¥9.24b (up 32% from FY 2021). Net income: CN¥1.39b (up 17% from FY 2021). Profit margin: 15% (down from 17% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.13 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.11. Revenue: CN¥2.35b (up 28% from 3Q 2021). Net income: CN¥385.8m (up 2.8% from 3Q 2021). Profit margin: 16% (down from 20% in 3Q 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 27
Second quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.18 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.17 (down from CN¥0.18 in 2Q 2021). Revenue: CN¥2.14b (up 20% from 2Q 2021). Net income: CN¥517.3m (down 3.1% from 2Q 2021). Profit margin: 24% (down from 30% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: CN¥0.087 (vs CN¥0.093 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.087 (down from CN¥0.093 in 1Q 2021). Revenue: CN¥1.40b (down 11% from 1Q 2021). Net income: CN¥261.5m (down 6.1% from 1Q 2021). Profit margin: 19% (up from 18% in 1Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 50%, compared to a 9.9% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥7.47, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 28x in the Renewable Energy industry in China. Total returns to shareholders of 95% over the past three years. Reported Earnings • Mar 16
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.39 (up from CN¥0.34 in FY 2020). Revenue: CN¥7.02b (up 32% from FY 2020). Net income: CN¥1.18b (up 15% from FY 2020). Profit margin: 17% (down from 19% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥11.55, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 21x in the Renewable Energy industry in China. Total returns to shareholders of 270% over the past three years. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥9.48, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 28x in the Renewable Energy industry in China. Total returns to shareholders of 211% over the past three years. Reported Earnings • Oct 25
Third quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.12 in 3Q 2020) The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues improved. Third quarter 2021 results: Revenue: CN¥1.85b (up 30% from 3Q 2020). Net income: CN¥375.2m (flat on 3Q 2020). Profit margin: 20% (down from 27% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment deteriorated over the past week After last week's 22% share price decline to CN¥9.76, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 21x in the Renewable Energy industry in China. Total returns to shareholders of 289% 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 19% share price gain to CN¥10.62, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 25x in the Renewable Energy industry in China. Total returns to shareholders of 252% over the past three years. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥8.18, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 20x in the Renewable Energy industry in China. Total returns to shareholders of 167% over the past three years. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.18 (vs CN¥0.15 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥1.79b (up 33% from 2Q 2020). Net income: CN¥534.1m (up 19% from 2Q 2020). Profit margin: 30% (down from 34% 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 13% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥7.13, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 17x in the Renewable Energy industry in China. Total returns to shareholders of 111% over the past three years. Reported Earnings • Apr 15
Full year 2020 earnings released: EPS CN¥0.34 (vs CN¥0.30 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥5.31b (up 5.9% from FY 2019). Net income: CN¥1.03b (up 13% from FY 2019). Profit margin: 19% (up from 18% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 7% per year. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥7.64, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 19x in the Renewable Energy industry in China. Total returns to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥6.89, the stock is trading at a trailing P/E ratio of 19.3x, up from the previous P/E ratio of 16.4x. This compares to an average P/E of 17x in the Renewable Energy industry in China. Total returns to shareholders over the past three years are 50%. Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥6.22, the stock is trading at a trailing P/E ratio of 17.4x, down from the previous P/E ratio of 20.9x. This compares to an average P/E of 16x in the Renewable Energy industry in China. Total returns to shareholders over the past three years are 31%. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥8.00, the stock is trading at a trailing P/E ratio of 22.4x, up from the previous P/E ratio of 18x. This compares to an average P/E of 17x in the Renewable Energy industry in China. Total returns to shareholders over the past three years are 51%. Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥5.89, the stock is trading at a trailing P/E ratio of 16.5x, up from the previous P/E ratio of 13.7x. This compares to an average P/E of 17x in the Renewable Energy industry in China. Total returns to shareholders over the past three years are 11%. Is New 90 Day High Low • Dec 23
New 90-day high: CN¥5.35 The company is up 25% from its price of CN¥4.27 on 25 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 2.0% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥1.07b, up 12% from the prior year. Total revenue was CN¥5.11b over the last 12 months, down 10% from the prior year.