579 Stock Overview
Beijing Jingneng Clean Energy Co., Limited generates gas-fired power and heat energy, wind power, photovoltaic power, and hydropower in the People’s Republic of China.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$2.39|
|52 Week High||HK$2.93|
|52 Week Low||HK$1.59|
|1 Month Change||9.13%|
|3 Month Change||-2.85%|
|1 Year Change||-5.16%|
|3 Year Change||38.15%|
|5 Year Change||3.02%|
|Change since IPO||43.11%|
Recent News & Updates
Calculating The Intrinsic Value Of Beijing Jingneng Clean Energy Co., Limited (HKG:579)
Does the January share price for Beijing Jingneng Clean Energy Co., Limited ( HKG:579 ) reflect what it's really worth...
Beijing Jingneng Clean Energy (HKG:579) May Have Issues Allocating Its Capital
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Beijing Jingneng Clean Energy (HKG:579) Seems To Be Using A Lot Of Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Here's Why We Think Beijing Jingneng Clean Energy (HKG:579) Is Well Worth Watching
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
A Look At The Intrinsic Value Of Beijing Jingneng Clean Energy Co., Limited (HKG:579)
In this article we are going to estimate the intrinsic value of Beijing Jingneng Clean Energy Co., Limited ( HKG:579...
|579||HK Renewable Energy||HK Market|
Return vs Industry: 579 underperformed the Hong Kong Renewable Energy industry which returned 43.8% over the past year.
Return vs Market: 579 exceeded the Hong Kong Market which returned -16.2% over the past year.
|579 Average Weekly Movement||7.7%|
|Renewable Energy Industry Average Movement||7.8%|
|Market Average Movement||6.7%|
|10% most volatile stocks in HK Market||13.2%|
|10% least volatile stocks in HK Market||3.0%|
Stable Share Price: 579 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 579's weekly volatility (8%) has been stable over the past year.
About the Company
Beijing Jingneng Clean Energy Co., Limited generates gas-fired power and heat energy, wind power, photovoltaic power, and hydropower in the People’s Republic of China. As of December 31, 2019, the company had an installed capacity of 10,861 megawatt (MW), including seven gas-fired power cogeneration plants with 4,702 MW; wind power generation capacity of 2,797 MW; photovoltaic power generation installed capacity of 2,912 MW; and hydropower installed capacity of 450 MW. It sells electricity to local grid companies.
Beijing Jingneng Clean Energy Fundamentals Summary
|579 fundamental statistics|
Is 579 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|579 income statement (TTM)|
|Cost of Revenue||CN¥10.32b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.29|
|Net Profit Margin||13.01%|
How did 579 perform over the long term?See historical performance and comparison
3.5%Current Dividend Yield
Is Beijing Jingneng Clean Energy 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: 579 (HK$2.39) is trading below our estimate of fair value (HK$3.3)
Significantly Below Fair Value: 579 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 579 is good value based on its PE Ratio (6.7x) compared to the Hong Kong Renewable Energy industry average (10.5x).
PE vs Market: 579 is good value based on its PE Ratio (6.7x) compared to the Hong Kong market (9.1x).
Price to Earnings Growth Ratio
PEG Ratio: 579 is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: 579 is good value based on its PB Ratio (0.6x) compared to the HK Renewable Energy industry average (0.7x).
How is Beijing Jingneng Clean Energy forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 579's forecast earnings growth (21.5% per year) is above the savings rate (1.5%).
Earnings vs Market: 579's earnings (21.5% per year) are forecast to grow faster than the Hong Kong market (16.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 579's revenue (10.1% per year) is forecast to grow slower than the Hong Kong market (11.6% per year).
High Growth Revenue: 579's revenue (10.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 579's Return on Equity is forecast to be low in 3 years time (12%).
How has Beijing Jingneng Clean Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 579 has high quality earnings.
Growing Profit Margin: 579's current net profit margins (13%) are lower than last year (13.4%).
Past Earnings Growth Analysis
Earnings Trend: 579's earnings have grown by 4.3% per year over the past 5 years.
Accelerating Growth: 579's earnings growth over the past year (9.5%) exceeds its 5-year average (4.3% per year).
Earnings vs Industry: 579 earnings growth over the past year (9.5%) underperformed the Renewable Energy industry 14.9%.
Return on Equity
High ROE: 579's Return on Equity (8.8%) is considered low.
How is Beijing Jingneng Clean Energy's financial position?
Financial Position Analysis
Short Term Liabilities: 579's short term assets (CN¥18.3B) do not cover its short term liabilities (CN¥24.5B).
Long Term Liabilities: 579's short term assets (CN¥18.3B) do not cover its long term liabilities (CN¥24.2B).
Debt to Equity History and Analysis
Debt Level: 579's net debt to equity ratio (89.3%) is considered high.
Reducing Debt: 579's debt to equity ratio has reduced from 145.3% to 110.2% over the past 5 years.
Debt Coverage: 579's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: 579's interest payments on its debt are well covered by EBIT (3.1x coverage).
What is Beijing Jingneng Clean Energy current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 579's dividend (3.46%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.32%).
High Dividend: 579's dividend (3.46%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.03%).
Stability and Growth of Payments
Stable Dividend: 579's dividends per share have been stable in the past 10 years.
Growing Dividend: 579's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (23.8%), 579's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 579's dividends in 3 years are forecast to be well covered by earnings (24.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dayu Chen (50 yo)
Mr. Dayu Chen serves as General Manager at Beijing Jingneng Clean Energy Co., Limited since November 10, 2020 and also serves as Executive Director since February 19, 2021. He served as Non-Executive Direc...
Experienced Management: 579's management team is considered experienced (2.5 years average tenure).
Experienced Board: 579's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
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 not been meaningfully diluted in the past year.
Beijing Jingneng Clean Energy Co., Limited's employee growth, exchange listings and data sources
- Name: Beijing Jingneng Clean Energy Co., Limited
- Ticker: 579
- Exchange: SEHK
- Founded: 2010
- Industry: Independent Power Producers and Energy Traders
- Sector: Utilities
- Implied Market Cap: HK$19.704b
- Shares outstanding: 8.24b
- Website: https://www.jncec.com
Number of Employees
- Beijing Jingneng Clean Energy Co., Limited
- No. 6 Xibahe Road
- 7th/8th/9th Floors
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/20 16:10|
|End of Day Share Price||2022/01/20 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.