SEHK:686

Stock Analysis Report

Panda Green Energy Group

Executive Summary

Panda Green Energy Group Limited, an investment holding company, engages in the investment, development, operation, and management of solar and other renewable energy power plants in the People’s Republic of China and the United Kingdom.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Panda Green Energy Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 686's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-18.0%

686

-2.8%

HK Renewable Energy

-3.2%

HK Market


1 Year Return

-38.7%

686

-23.9%

HK Renewable Energy

-10.2%

HK Market

Return vs Industry: 686 underperformed the Hong Kong Renewable Energy industry which returned -23.9% over the past year.

Return vs Market: 686 underperformed the Hong Kong Market which returned -10.2% over the past year.


Shareholder returns

686IndustryMarket
7 Day-18.0%-2.8%-3.2%
30 Day-3.2%-8.8%-3.3%
90 Day17.5%-4.4%0.2%
1 Year-38.7%-38.7%-21.2%-23.9%-6.9%-10.2%
3 Year-64.4%-64.4%-23.7%-30.9%11.7%0.4%
5 Year-75.1%-75.1%-46.0%-54.6%11.1%-7.3%

Price Volatility Vs. Market

How volatile is Panda Green Energy Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Panda Green Energy Group undervalued compared to its fair value and its price relative to the market?

0.5x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 686's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 686's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 686 is unprofitable, so we can't compare its PE Ratio to the Renewable Energy industry average.

PE vs Market: 686 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 686's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 686 is overvalued based on its PB Ratio (0.5x) compared to the HK Renewable Energy industry average (0.5x).


Next Steps

Future Growth

How is Panda Green Energy Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.7%

Forecasted Utilities industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Panda Green Energy Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Panda Green Energy Group performed over the past 5 years?

-35.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 686 is currently unprofitable.

Growing Profit Margin: 686 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 686 is unprofitable, and losses have increased over the past 5 years at a rate of -35.3% per year.

Accelerating Growth: Unable to compare 686's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 686 is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (4.6%).


Return on Equity

High ROE: 686 has a negative Return on Equity (-3.36%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Panda Green Energy Group's financial position?


Financial Position Analysis

Short Term Liabilities: 686's short term assets (CN¥6.4B) do not cover its short term liabilities (CN¥8.2B).

Long Term Liabilities: 686's short term assets (CN¥6.4B) do not cover its long term liabilities (CN¥14.2B).


Debt to Equity History and Analysis

Debt Level: 686's debt to equity ratio (269.4%) is considered high.

Reducing Debt: 686's debt to equity ratio has increased from 154.2% to 269.4% over the past 5 years.


Balance Sheet

Inventory Level: 686 has a high level of physical assets or inventory.

Debt Coverage by Assets: 686's debt is not covered by short term assets (assets are 0.3x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if 686 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 686 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Panda Green Energy Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.3%markettop25%6.4%industryaverage4.0%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 686's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 686's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 686's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 686'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 686's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.8yrs

Average board tenure


CEO

Ping Zhang (51yo)

0

Mr. Ping Zhang has been Chairman, Chief Executive Officer and Executive Director at Panda Green Energy Group Limited since February 21, 2020. Mr. Zhang has been Non-Executive Director of Datang Internation ...


Board Members

NamePositionTenureCompensationOwnership
Zhenwei Lu
Executive Director6.7yrsCN¥840.00kno data
Ping Zhang
Chairman & CEO0yrsno datano data
Hui Huang
CFO & Executive Director0yrsno datano data
Jianjun Xu
Executive Director0.7yrsno datano data
Kai Cheong Kwan
Independent Non-Executive Director8.8yrsCN¥650.00kno data
Dinghuan Shi
Independent Non-Executive Director6.7yrsCN¥650.00kno data
Yuen Ho Yen
Independent Non-Executive Director8.8yrsCN¥650.00kno data
Hao Li
Non-Executive Director2.9yrsCN¥130.00kno data
Qiuming Yu
Non-Executive Director2.4yrsCN¥13.22mno data
Chen Hongsheng
Independent Non-Executive Director1.1yrsno datano data

4.8yrs

Average Tenure

49.5yo

Average Age

Experienced Board: 686's board of directors are considered experienced (4.8 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.6%.


Top Shareholders

Company Information

Panda Green Energy Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Panda Green Energy Group Limited
  • Ticker: 686
  • Exchange: SEHK
  • Founded:
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Market Cap: HK$5.607b
  • Shares outstanding: 22.43b
  • Website: https://www.pandagreen.com

Number of Employees


Location

  • Panda Green Energy Group Limited
  • West Tower
  • Unit 1012, 10th Floor
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
686SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJun 2013
GGIDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 2013
PVLT.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 2013
686SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDJun 2013
686SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDJun 2013

Biography

Panda Green Energy Group Limited, an investment holding company, engages in the investment, development, operation, and management of solar and other renewable energy power plants in the People’s Republic of China and the United Kingdom. As of December 31, 2018, it owned 74 solar and wind power plants with an aggregate installed capacity of 2,329.6 MW. The company is also involved in the design and installation of solar power systems; and research and development of solar power products and solar technology. In addition, it holds development rights for hydropower and solar projects. The company was formerly known as United Photovoltaics Group Limited and changed its name to Panda Green Energy Group Limited in May 2017. Panda Green Energy Group Limited is headquartered in Central, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 13:08
End of Day Share Price2020/02/25 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.