SEHK:611

Stock Analysis Report

China Nuclear Energy Technology

Executive Summary

China Nuclear Energy Technology Corporation Limited, an investment holding company, provides engineering, procurement, and construction (EPC) services for photovoltaic power plants in the People’s Republic of China.

Snowflake

Fundamentals

Fair value with questionable track record.

Risks

  • China Nuclear Energy Technology is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-3.6%

SEHK:611

1.4%

HK Construction

0.7%

HK Market


1 Year Return

-45.2%

SEHK:611

-18.4%

HK Construction

-5.3%

HK Market

611 underperformed the Construction industry which returned -18.4% over the past year.

611 underperformed the Market in Hong Kong which returned -5.3% over the past year.


Share holder returns

611IndustryMarket
7 Day-3.6%1.4%0.7%
30 Day9.6%4.7%4.9%
90 Day-15.8%-12.2%-3.7%
1 Year-45.2%-45.2%-15.0%-18.4%-1.8%-5.3%
3 Year-72.2%-72.2%-20.8%-28.9%16.4%4.6%
5 Year-60.8%-60.8%4.2%-11.7%18.0%-1.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is China Nuclear Energy Technology undervalued based on future cash flows and its price relative to the stock market?

5.12x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for China Nuclear Energy Technology to establish if it is available at moderate discount.

Unable to calculate intrinsic value for China Nuclear Energy Technology to establish if it is available at substantial discount.


Price Based on Earnings

China Nuclear Energy Technology is good value based on earnings compared to the HK Construction industry average.

China Nuclear Energy Technology is good value based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for China Nuclear Energy Technology, we can't assess if its growth is good value.


Price Based on Value of Assets

China Nuclear Energy Technology is good value based on assets compared to the HK Construction industry average.


Next Steps

Future Growth

How is China Nuclear Energy Technology expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if China Nuclear Energy Technology is high growth as no revenue estimate data is available.

China Nuclear Energy Technology's earnings are expected to grow by 7.2% yearly, however this is not considered high growth (20% yearly).

Unable to compare China Nuclear Energy Technology's revenue growth to the Hong Kong market average as no estimate data is available.

China Nuclear Energy Technology's earnings growth is positive but not above the Hong Kong market average.

China Nuclear Energy Technology's earnings growth is expected to exceed the low risk savings rate of 2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if China Nuclear Energy Technology will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has China Nuclear Energy Technology performed over the past 5 years?

55.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

China Nuclear Energy Technology has delivered over 20% year on year earnings growth in the past 5 years.

China Nuclear Energy Technology's 1-year earnings growth is negative, it can't be compared to the 5-year average.

China Nuclear Energy Technology's 1-year earnings growth is negative, it can't be compared to the HK Construction industry average.


Return on Equity

China Nuclear Energy Technology has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

China Nuclear Energy Technology used its assets less efficiently than the HK Construction industry average last year based on Return on Assets.


Return on Capital Employed

China Nuclear Energy Technology has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is China Nuclear Energy Technology's financial position?


Financial Position Analysis

China Nuclear Energy Technology is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

China Nuclear Energy Technology's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

China Nuclear Energy Technology's level of debt (255.2%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (7.7% vs 255.2% today).

Debt is not well covered by operating cash flow (9.2%, less than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 2.8x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.5x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate China Nuclear Energy Technology's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate China Nuclear Energy Technology's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as China Nuclear Energy Technology has not reported any payouts.

Unable to verify if China Nuclear Energy Technology's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as China Nuclear Energy Technology has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of China Nuclear Energy Technology's salary, the management and board of directors tenure and is there insider trading?

0.7yrs

Average management tenure


CEO

Zhigang Fu (48yo)

0.4yrs

Tenure

HK$581,000

Compensation

Mr. Zhigang Fu has been Executive Director and the Chief Executive Officer of China Nuclear Energy Technology Corporation Limited since April 4, 2019. He serves as the Vice Financial Controller and the Dir ...


CEO Compensation Analysis

Zhigang's remuneration is lower than average for companies of similar size in Hong Kong.

Zhigang's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

0.7yrs

Average Tenure

48yo

Average Age

The average tenure for the China Nuclear Energy Technology management team is less than 2 years, this suggests a new team.


Board Age and Tenure

2.8yrs

Average Tenure

51yo

Average Age

The average tenure for the China Nuclear Energy Technology board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Eric Chung (54yo)

    Executive Director

    • Tenure: 8.8yrs
    • Compensation: HK$978.00k
  • Genyu Liu (55yo)

    Vice Chairman

    • Tenure: 2.3yrs
    • Compensation: HK$2.54m
  • Qing Jian (48yo)

    Executive Director

    • Tenure: 9.9yrs
    • Compensation: HK$978.00k
  • Zhigang Fu (48yo)

    CEO & Executive Director

    • Tenure: 0.4yrs
    • Compensation: HK$581.00k
  • Jianhua Tang (48yo)

    COO & Executive Director

    • Tenure: 2.3yrs
    • Compensation: HK$1.22m
  • Jinying Li (62yo)

    Executive Director

    • Tenure: 3.4yrs
    • Compensation: HK$75.00k
  • Yuanchen Wu (37yo)

    Executive Director

    • Tenure: 0.8yrs
  • Yixin Zhao (43yo)

    Chairman

    • Tenure: 0.7yrs
  • Tin Shu Cheung

    Company Secretary

    • Tenure: 0.08yrs

Board Members

  • Eric Chung (54yo)

    Executive Director

    • Tenure: 8.8yrs
    • Compensation: HK$978.00k
  • Edmond Chan (60yo)

    Independent Non-Executive Director

    • Tenure: 27.1yrs
    • Compensation: HK$150.00k
  • Genyu Liu (55yo)

    Vice Chairman

    • Tenure: 2.3yrs
    • Compensation: HK$2.54m
  • Qing Jian (48yo)

    Executive Director

    • Tenure: 9.9yrs
    • Compensation: HK$978.00k
  • Zhigang Fu (48yo)

    CEO & Executive Director

    • Tenure: 0.4yrs
    • Compensation: HK$581.00k
  • Jimin Wang (54yo)

    Independent Non-Executive Director

    • Tenure: 5.6yrs
    • Compensation: HK$150.00k
  • Jianhua Tang (48yo)

    COO & Executive Director

    • Tenure: 2.3yrs
    • Compensation: HK$1.22m
  • Jinying Li (62yo)

    Executive Director

    • Tenure: 3.4yrs
    • Compensation: HK$75.00k
  • Yuanchen Wu (37yo)

    Executive Director

    • Tenure: 0.8yrs
  • Yixin Zhao (43yo)

    Chairman

    • Tenure: 0.7yrs

Company Information

China Nuclear Energy Technology Corporation Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Nuclear Energy Technology Corporation Limited
  • Ticker: 611
  • Exchange: SEHK
  • Founded: 2011
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: HK$525.238m
  • Shares outstanding: 1.31b
  • Website: https://www.cnetcl.com

Number of Employees


Location

  • China Nuclear Energy Technology Corporation Limited
  • China Resources Building
  • Room 2801
  • Wanchai
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
611SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMar 1993

Biography

China Nuclear Energy Technology Corporation Limited, an investment holding company, provides engineering, procurement, and construction (EPC) services for photovoltaic power plants in the People’s Republic ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/18 12:40
End of Day Share Price2019/09/18 00:00
Earnings2019/06/30
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.