DB:CR9N

Stock Analysis Report

Executive Summary

China Recycling Energy Corporation engages in the recycling energy business in China.


Snowflake Analysis

Adequate balance sheet and overvalued.


Similar Companies

Share Price & News

How has China Recycling Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CR9N's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

2.3%

CR9N

1.3%

DE Commercial Services

-0.2%

DE Market


1 Year Return

-71.9%

CR9N

-6.5%

DE Commercial Services

13.7%

DE Market

Return vs Industry: CR9N underperformed the German Commercial Services industry which returned -4.7% over the past year.

Return vs Market: CR9N underperformed the German Market which returned 14.4% over the past year.


Shareholder returns

CR9NIndustryMarket
7 Day2.3%1.3%-0.2%
30 Day-4.3%-1.6%0.3%
90 Day17.4%3.6%3.7%
1 Year-71.9%-71.9%-3.2%-6.5%17.2%13.7%
3 Year-83.9%-83.9%13.0%3.2%15.4%5.3%
5 Year-96.4%-96.4%3.6%-10.9%21.3%4.7%

Price Volatility Vs. Market

How volatile is China Recycling Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is China Recycling Energy undervalued compared to its fair value and its price relative to the market?

0.077x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CR9N's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CR9N's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CR9N is unprofitable, so we can't compare its PE Ratio to the Commercial Services industry average.

PE vs Market: CR9N is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CR9N's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CR9N is good value based on its PB Ratio (0.1x) compared to the DE Commercial Services industry average (3.3x).


Next Steps

Future Growth

How is China Recycling Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

28.8%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as China Recycling Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has China Recycling Energy performed over the past 5 years?

-54.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CR9N is currently unprofitable.

Growing Profit Margin: CR9N is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CR9N is unprofitable, and losses have increased over the past 5 years at a rate of -54.4% per year.

Accelerating Growth: Unable to compare CR9N's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CR9N is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (10.8%).


Return on Equity

High ROE: CR9N has a negative Return on Equity (-102.37%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is China Recycling Energy's financial position?


Financial Position Analysis

Short Term Liabilities: CR9N's short term assets ($100.8M) exceed its short term liabilities ($76.1M).

Long Term Liabilities: CR9N's short term assets ($100.8M) exceed its long term liabilities ($9.5M).


Debt to Equity History and Analysis

Debt Level: CR9N's debt to equity ratio (65.6%) is considered high.

Reducing Debt: CR9N's debt to equity ratio has increased from 62.2% to 65.6% over the past 5 years.


Balance Sheet

Inventory Level: CR9N has a high level of physical assets or inventory.

Debt Coverage by Assets: CR9N's debt is covered by short term assets (assets are 2.1x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: CR9N has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: CR9N has sufficient cash runway for 2.5 years if free cash flow continues to grow at historical rates of 29.9% each year.


Next Steps

Dividend

What is China Recycling Energy's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.3%markettop25%3.7%industryaverage3.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate CR9N's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate CR9N's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CR9N's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CR9N's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CR9N's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.4yrs

Average management tenure


CEO

Guohua Ku (57yo)

11.2yrs

Tenure

US$33,078

Compensation

Mr. Guohua Ku has been the Chief Executive Officer of China Recycling Energy Corp., since December 10, 2008. Mr. Ku served as the President and Chief Technology Officer of China Recycling Energy Corp. He s ...


CEO Compensation Analysis

Compensation vs Market: Guohua's total compensation ($USD33.08K) is below average for companies of similar size in the German market ($USD412.57K).

Compensation vs Earnings: Guohua's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Guohua Ku
Chairman & CEO11.2yrsUS$33.08k14.8% $845.5k
Geyun Wang
VP & Executive Director6.1yrsUS$27.57kno data
Binfeng Gu
Secretary3.4yrsUS$22.05kno data
Yongjiang Shi
Chief Financial Officer0.2yrsno datano data
Lanwei Li
Chief Operating Officer0yrsno datano data
Bohan Zhang
Vice President of Accounting4.9yrsno data0.26% $15.1k
Nicholas Shao
Advisory7.8yrsUS$12.00kno data

5.4yrs

Average Tenure

47.5yo

Average Age

Experienced Management: CR9N's management team is seasoned and experienced (5.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Guohua Ku
Chairman & CEO11.2yrsUS$33.08k14.8% $845.5k
Geyun Wang
VP & Executive Director6.1yrsUS$27.57kno data
Xiaogang Zhu
Independent Director2.7yrsUS$12.00kno data
LuLu Sun
Independent Director4.5yrsUS$12.00kno data
Xiaoping Guo
Independent Director2.7yrsUS$12.00kno data

4.5yrs

Average Tenure

57yo

Average Age

Experienced Board: CR9N's board of directors are considered experienced (4.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 61.6%.


Top Shareholders

Company Information

China Recycling Energy Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Recycling Energy Corporation
  • Ticker: CR9N
  • Exchange: DB
  • Founded: 1980
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: US$6.166m
  • Listing Market Cap: US$5.714m
  • Shares outstanding: 17.87m
  • Website: https://www.creg-cn.com

Number of Employees


Location

  • China Recycling Energy Corporation
  • Tower C, Rong Cheng Yun Gu Building
  • 4th Floor
  • Xi'an
  • Shaanxi Province
  • 710075
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CREGNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDJun 2004
CR9NDB (Deutsche Boerse AG)YesCommon StockDEEURJun 2004

Biography

China Recycling Energy Corporation engages in the recycling energy business in China. The company designs, finances, constructs, installs, operates, and transfers waste energy recycling projects to mid- to large-size enterprises involved in high energy-consuming businesses. It offers waste pressure-to-energy solutions, including the Blast Furnace Top Gas Recovery Turbine Unit, a system that utilizes high pressure gas emitted from the blast furnace top to drive turbine units and generate electricity; and waste heat-to-energy solutions, such as heat power generation projects for applications in cement, steel, coking coal, and nonferrous metal industries, which collect the residual heat from various manufacturing processes. The company also provides waste gas-to-energy solutions comprising the Waste Gas Power Generation system that utilizes flammable waste gas from coal mining, petroleum exploitation, refinery processing, or other sources as a fuel source to generate electricity; and the Combined Cycle Power Plant, which employs power generating cycle to utilize the waste gas that generates electricity by burning the flammable waste gas in a gas turbine, as well as uses the waste heat from burning the gas to make steam to generate additional electricity through a steam turbine. In addition, it offers project investment, investment management, economic information consulting, technical, financial leasing, and financial leasing transactions consulting services; sells and leases energy saving systems and equipment; and purchases, repairs, and disposes financial leasing assets. The company was formerly known as China Digital Wireless, Inc. and changed its name to China Recycling Energy Corporation in March 2007. China Recycling Energy Corporation was incorporated in 1980 and is headquartered in Xi’an, China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 21:37
End of Day Share Price2020/02/20 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.