Concord New Energy Group Limited

SEHK:182 Stock Report

Market Cap: HK$4.0b

Concord New Energy Group Past Earnings Performance

Past criteria checks 1/6

Concord New Energy Group has been growing earnings at an average annual rate of 9.4%, while the Renewable Energy industry saw earnings growing at 4.5% annually. Revenues have been growing at an average rate of 10.9% per year. Concord New Energy Group's return on equity is 10.7%, and it has net margins of 29.4%.

Key information

9.4%

Earnings growth rate

9.0%

EPS growth rate

Renewable Energy Industry Growth4.6%
Revenue growth rate10.9%
Return on equity10.7%
Net Margin29.4%
Last Earnings Update30 Jun 2024

Recent past performance updates

We Think You Should Be Aware Of Some Concerning Factors In Concord New Energy Group's (HKG:182) Earnings

Apr 29
We Think You Should Be Aware Of Some Concerning Factors In Concord New Energy Group's (HKG:182) Earnings

Recent updates

Concord New Energy Group Limited's (HKG:182) Intrinsic Value Is Potentially 87% Above Its Share Price

Aug 27
Concord New Energy Group Limited's (HKG:182) Intrinsic Value Is Potentially 87% Above Its Share Price

Increases to CEO Compensation Might Be Put On Hold For Now at Concord New Energy Group Limited (HKG:182)

May 31
Increases to CEO Compensation Might Be Put On Hold For Now at Concord New Energy Group Limited (HKG:182)

We Think You Should Be Aware Of Some Concerning Factors In Concord New Energy Group's (HKG:182) Earnings

Apr 29
We Think You Should Be Aware Of Some Concerning Factors In Concord New Energy Group's (HKG:182) Earnings

Does Concord New Energy Group (HKG:182) Have A Healthy Balance Sheet?

May 11
Does Concord New Energy Group (HKG:182) Have A Healthy Balance Sheet?

Estimating The Intrinsic Value Of Concord New Energy Group Limited (HKG:182)

Feb 28
Estimating The Intrinsic Value Of Concord New Energy Group Limited (HKG:182)

Is Concord New Energy Group (HKG:182) A Risky Investment?

Jun 18
Is Concord New Energy Group (HKG:182) A Risky Investment?

I Built A List Of Growing Companies And Concord New Energy Group (HKG:182) Made The Cut

Apr 28
I Built A List Of Growing Companies And Concord New Energy Group (HKG:182) Made The Cut

Returns Are Gaining Momentum At Concord New Energy Group (HKG:182)

Apr 07
Returns Are Gaining Momentum At Concord New Energy Group (HKG:182)

Is Concord New Energy Group Limited (HKG:182) Trading At A 37% Discount?

Mar 15
Is Concord New Energy Group Limited (HKG:182) Trading At A 37% Discount?

A Look At The Intrinsic Value Of Concord New Energy Group Limited (HKG:182)

Nov 02
A Look At The Intrinsic Value Of Concord New Energy Group Limited (HKG:182)

These 4 Measures Indicate That Concord New Energy Group (HKG:182) Is Using Debt Extensively

Sep 23
These 4 Measures Indicate That Concord New Energy Group (HKG:182) Is Using Debt Extensively

Concord New Energy Group (HKG:182) Might Have The Makings Of A Multi-Bagger

Aug 25
Concord New Energy Group (HKG:182) Might Have The Makings Of A Multi-Bagger

I Built A List Of Growing Companies And Concord New Energy Group (HKG:182) Made The Cut

Jun 11
I Built A List Of Growing Companies And Concord New Energy Group (HKG:182) Made The Cut

Concord New Energy Group Limited's (HKG:182) Intrinsic Value Is Potentially 69% Above Its Share Price

May 27
Concord New Energy Group Limited's (HKG:182) Intrinsic Value Is Potentially 69% Above Its Share Price

Is Concord New Energy Group (HKG:182) A Risky Investment?

May 12
Is Concord New Energy Group (HKG:182) A Risky Investment?

Slowing Rates Of Return At Concord New Energy Group (HKG:182) Leave Little Room For Excitement

Mar 28
Slowing Rates Of Return At Concord New Energy Group (HKG:182) Leave Little Room For Excitement

Concord New Energy Group Limited (HKG:182) Just Reported And Analysts Have Been Lifting Their Price Targets

Mar 13
Concord New Energy Group Limited (HKG:182) Just Reported And Analysts Have Been Lifting Their Price Targets

Is Now The Time To Put Concord New Energy Group (HKG:182) On Your Watchlist?

Mar 10
Is Now The Time To Put Concord New Energy Group (HKG:182) On Your Watchlist?

Calculating The Intrinsic Value Of Concord New Energy Group Limited (HKG:182)

Feb 12
Calculating The Intrinsic Value Of Concord New Energy Group Limited (HKG:182)

Shareholders Of Concord New Energy Group (HKG:182) Must Be Happy With Their 109% Total Return

Jan 25
Shareholders Of Concord New Energy Group (HKG:182) Must Be Happy With Their 109% Total Return

Is It Too Late To Consider Buying Concord New Energy Group Limited (HKG:182)?

Jan 10
Is It Too Late To Consider Buying Concord New Energy Group Limited (HKG:182)?

We're Watching These Trends At Concord New Energy Group (HKG:182)

Dec 26
We're Watching These Trends At Concord New Energy Group (HKG:182)

Do Institutions Own Concord New Energy Group Limited (HKG:182) Shares?

Dec 11
Do Institutions Own Concord New Energy Group Limited (HKG:182) Shares?

Here's Why Concord New Energy Group (HKG:182) Is Weighed Down By Its Debt Load

Nov 26
Here's Why Concord New Energy Group (HKG:182) Is Weighed Down By Its Debt Load

Revenue & Expenses Breakdown

How Concord New Energy Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SEHK:182 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 243,0118864080
31 Mar 242,8008784100
31 Dec 232,5898704120
30 Jun 232,3928833260
31 Mar 232,3968623370
31 Dec 222,4008413470
30 Sep 222,6218494240
30 Jun 222,5628264030
31 Mar 222,3798073740
31 Dec 212,1967883450
30 Sep 212,0857433180
30 Jun 211,9746982900
31 Mar 211,9876863090
31 Dec 202,0016733280
30 Sep 201,9366293400
30 Jun 201,8725843520
31 Mar 201,8545943310
31 Dec 191,8366043100
30 Sep 191,7026152970
30 Jun 191,5686262830
31 Mar 191,4915642690
31 Dec 181,4145022540
30 Sep 181,3333542320
30 Jun 181,2512062090
31 Mar 181,1442031990
31 Dec 171,0362001890
30 Sep 171,2653441760
30 Jun 171,4944891640
31 Mar 171,6394731690
31 Dec 161,7854581750
30 Sep 162,1834491860
30 Jun 162,5014301940
31 Mar 163,0174221800
31 Dec 153,4794081650
30 Sep 153,5973881540
30 Jun 153,6233581390
31 Mar 153,2303061330
31 Dec 142,8392541270
30 Sep 142,4472181240
30 Jun 142,1191881250
31 Mar 141,8121551250
31 Dec 131,4701181220

Quality Earnings: 182 has a large one-off gain of CN¥393.5M impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: 182's current net profit margins (29.4%) are lower than last year (36.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 182's earnings have grown by 9.4% per year over the past 5 years.

Accelerating Growth: 182's earnings growth over the past year (0.3%) is below its 5-year average (9.4% per year).

Earnings vs Industry: 182 earnings growth over the past year (0.3%) did not outperform the Renewable Energy industry 3.2%.


Return on Equity

High ROE: 182's Return on Equity (10.7%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:26
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
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

Concord New Energy Group Limited is covered by 14 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Peter YaoBOCI Research Ltd.
Wei DaiCredit Suisse
Wai Cheuk IpCrosby Securities Limited