GCL New Energy Holdings Limited, an investment holding company, develops, constructs, operates, and manages solar power plants in the People’s Republic of China, Japan, the United States, and internationally.
GCL New Energy Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.34|
|52 Week High||HK$0.11|
|52 Week Low||HK$0.56|
|1 Month Change||6.15%|
|3 Month Change||-2.82%|
|1 Year Change||171.65%|
|3 Year Change||35.29%|
|5 Year Change||-28.13%|
|Change since IPO||-73.46%|
Recent News & Updates
Is GCL New Energy Holdings (HKG:451) Using Too Much Debt?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
|451||HK Renewable Energy||HK Market|
Return vs Industry: 451 exceeded the Hong Kong Renewable Energy industry which returned 73.1% over the past year.
Return vs Market: 451 exceeded the Hong Kong Market which returned 6.2% over the past year.
Stable Share Price: 451 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 451's weekly volatility has decreased from 16% to 9% over the past year.
About the Company
GCL New Energy Holdings Limited, an investment holding company, develops, constructs, operates, and manages solar power plants in the People’s Republic of China, Japan, the United States, and internationally. The company is also involved in the research and development of hydrogen and related businesses. As of December 31, 2020, it owned and operated 157 solar power plants with an aggregate installed capacity of 4,830 megawatts.
GCL New Energy Holdings Fundamentals Summary
|451 fundamental statistics|
Is 451 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|451 income statement (TTM)|
|Cost of Revenue||CN¥1.60b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.064|
|Net Profit Margin||-33.24%|
How did 451 perform over the long term?See historical performance and comparison
Is GCL New Energy Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 451 (HK$0.35) is trading below our estimate of fair value (HK$16.08)
Significantly Below Fair Value: 451 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 451 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Renewable Energy industry average.
PE vs Market: 451 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 451's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 451 is overvalued based on its PB Ratio (1x) compared to the HK Renewable Energy industry average (0.8x).
How is GCL New Energy Holdings forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 451 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).
Earnings vs Market: 451 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 451's is expected to become profitable in the next 3 years.
Revenue vs Market: 451's revenue is expected to decline over the next 3 years (-30.5% per year).
High Growth Revenue: 451's revenue is forecast to decline over the next 3 years (-30.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 451's Return on Equity is forecast to be low in 3 years time (4.2%).
How has GCL New Energy Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 451 is currently unprofitable.
Growing Profit Margin: 451 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 451 is unprofitable, and losses have increased over the past 5 years at a rate of 57.2% per year.
Accelerating Growth: Unable to compare 451's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 451 is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (23.1%).
Return on Equity
High ROE: 451 has a negative Return on Equity (-13.28%), as it is currently unprofitable.
How is GCL New Energy Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 451's short term assets (CN¥17.6B) exceed its short term liabilities (CN¥14.7B).
Long Term Liabilities: 451's short term assets (CN¥17.6B) exceed its long term liabilities (CN¥8.1B).
Debt to Equity History and Analysis
Debt Level: 451's debt to equity ratio (139.5%) is considered high.
Reducing Debt: 451's debt to equity ratio has reduced from 384.9% to 139.5% over the past 5 years.
Debt Coverage: 451's debt is well covered by operating cash flow (35.7%).
Interest Coverage: 451's interest payments on its debt are not well covered by EBIT (0.9x coverage).
What is GCL New Energy Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 451's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 451's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 451's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 451'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 451's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Yufeng Zhu (40 yo)
Mr. Yufeng Zhu serves as Senior Executive President of Golden Concord Holdings Limited. Mr. Zhu has been an Executive Director of GCL-Poly Energy Holdings Ltd., since September 21, 2009. He serves as Chair...
CEO Compensation Analysis
Compensation vs Market: Yufeng's total compensation ($USD1.03M) is above average for companies of similar size in the Hong Kong market ($USD449.34K).
Compensation vs Earnings: Yufeng's compensation has increased whilst the company is unprofitable.
Experienced Management: 451's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: 451's board of directors are considered experienced (6.6 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.5%.
GCL New Energy Holdings Limited's employee growth, exchange listings and data sources
- Name: GCL New Energy Holdings Limited
- Ticker: 451
- Exchange: SEHK
- Founded: 1982
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: HK$7.270b
- Shares outstanding: 21.07b
- Website: https://www.gclnewenergy.com
Number of Employees
- GCL New Energy Holdings Limited
- International Commerce Centre
- Unit 1707A, Level 17
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:03|
|End of Day Share Price||2021/10/21 00:00|
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.