Stock Analysis
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- SEHK:579
Beijing Jingneng Clean Energy Reports First Quarter 2024 Earnings
Beijing Jingneng Clean Energy (HKG:579) First Quarter 2024 Results
Key Financial Results
- Revenue: CN¥6.52b (up 3.0% from 1Q 2023).
- Net income: CN¥1.33b (up 1.6% from 1Q 2023).
- Profit margin: 20% (in line with 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Beijing Jingneng Clean Energy Earnings Insights
Looking ahead, revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Renewable Energy industry in Hong Kong.
Performance of the Hong Kong Renewable Energy industry.
The company's shares are up 4.5% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for Beijing Jingneng Clean Energy you should know about.
Valuation is complex, but we're helping make it simple.
Find out whether Beijing Jingneng Clean Energy is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About SEHK:579
Beijing Jingneng Clean Energy
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.
Undervalued with adequate balance sheet and pays a dividend.