SEHK:916

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China Longyuan Power Group

Executive Summary

China Longyuan Power Group Corporation Limited generates and sells wind and coal power in the People’s Republic of China.


Snowflake Analysis

Solid track record and fair value.


Similar Companies

Share Price & News

How has China Longyuan Power Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 916's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-8.9%

916

0.7%

HK Renewable Energy

0.5%

HK Market


1 Year Return

21.5%

916

-13.5%

HK Renewable Energy

6.6%

HK Market

Return vs Industry: 916 exceeded the Hong Kong Renewable Energy industry which returned -13.5% over the past year.

Return vs Market: 916 exceeded the Hong Kong Market which returned 6.6% over the past year.


Shareholder returns

916IndustryMarket
7 Day-8.9%0.7%0.5%
30 Day14.4%3.1%-0.8%
90 Day45.8%10.3%9.4%
1 Year25.3%21.5%-8.9%-13.5%11.0%6.6%
3 Year-4.1%-10.6%-23.6%-31.9%3.2%-7.8%
5 Year-29.3%-36.1%-45.5%-55.4%22.5%1.9%

Price Volatility Vs. Market

How volatile is China Longyuan Power Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is China Longyuan Power Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 916 (HK$5.32) is trading below our estimate of fair value (HK$16.34)

Significantly Below Fair Value: 916 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 916 is poor value based on its PE Ratio (8.6x) compared to the HK Renewable Energy industry average (8.2x).

PE vs Market: 916 is good value based on its PE Ratio (8.6x) compared to the Hong Kong market (10.3x).


Price to Earnings Growth Ratio

PEG Ratio: 916 is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: 916 is overvalued based on its PB Ratio (0.7x) compared to the HK Renewable Energy industry average (0.5x).


Next Steps

Future Growth

How is China Longyuan Power Group forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?

8.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 916's forecast earnings growth (8.4% per year) is above the savings rate (1.6%).

Earnings vs Market: 916's earnings (8.4% per year) are forecast to grow slower than the Hong Kong market (18.7% per year).

High Growth Earnings: 916's earnings are forecast to grow, but not significantly.

Revenue vs Market: 916's revenue (5.5% per year) is forecast to grow slower than the Hong Kong market (11.4% per year).

High Growth Revenue: 916's revenue (5.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 916's Return on Equity is forecast to be low in 3 years time (9.3%).


Next Steps

Past Performance

How has China Longyuan Power Group performed over the past 5 years?

7.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 916 has high quality earnings.

Growing Profit Margin: 916's current net profit margins (16%) are higher than last year (14.5%).


Past Earnings Growth Analysis

Earnings Trend: 916's earnings have grown by 7.5% per year over the past 5 years.

Accelerating Growth: 916's earnings growth over the past year (13.1%) exceeds its 5-year average (7.5% per year).

Earnings vs Industry: 916 earnings growth over the past year (13.1%) exceeded the Renewable Energy industry 7.3%.


Return on Equity

High ROE: 916's Return on Equity (8.7%) is considered low.


Next Steps

Financial Health

How is China Longyuan Power Group's financial position?


Financial Position Analysis

Short Term Liabilities: 916's short term assets (CN¥29.6B) do not cover its short term liabilities (CN¥56.5B).

Long Term Liabilities: 916's short term assets (CN¥29.6B) do not cover its long term liabilities (CN¥46.0B).


Debt to Equity History and Analysis

Debt Level: 916's debt to equity ratio (132.1%) is considered high.

Reducing Debt: 916's debt to equity ratio has reduced from 163% to 132.1% over the past 5 years.

Debt Coverage: 916's debt is not well covered by operating cash flow (15%).

Interest Coverage: 916's interest payments on its debt are well covered by EBIT (3.4x coverage).


Balance Sheet


Next Steps

Dividend

What is China Longyuan Power Group current dividend yield, its reliability and sustainability?

2.26%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 916's dividend (2.26%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.35%).

High Dividend: 916's dividend (2.26%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.76%).


Stability and Growth of Payments

Stable Dividend: 916 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 916's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (19.4%), 916's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 916's dividends in 3 years are forecast to be well covered by earnings (19.8% payout ratio).


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

Jinbiao Sun (48 yo)

0.92

Tenure

CN¥259,000

Compensation

Mr. Jinbiao Sun serves as President at China Longyuan Power Group Corporation Ltd. since September 24, 2019 and serves as its General Manager. He graduated from Beijing College of Economics with a bachelor ...


CEO Compensation Analysis

Compensation vs Market: Jinbiao's total compensation ($USD37.26K) is below average for companies of similar size in the Hong Kong market ($USD567.00K).

Compensation vs Earnings: Insufficient data to compare Jinbiao's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Yanbing Jia
Executive Chairman0.92yrCN¥1.06mno data
Jinbiao Sun
President0.92yrCN¥259.00kno data
Shihong Chang
Chief Accountant6.67yrsno datano data
Ji Jin
VP & Chairman of Labor Unionno datano datano data
Nansong Jia
VP, Board Secretary & Joint Company Secretary11.08yrsno datano data
Sau Ling Chan
Joint Company Secretary2.83yrsno datano data

2.8yrs

Average Tenure

50yo

Average Age

Experienced Management: 916's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yanbing Jia
Executive Chairman0.92yrCN¥1.06mno data
Jinbiao Sun
President0.92yrCN¥259.00kno data
Song-Yi Zhang
Independent Non-Executive Director11.08yrsCN¥143.00kno data
Yan Meng
Independent Non-Executive Director11.08yrsCN¥143.00kno data
Yongping Yu
Chairman of the Supervisory Board0.67yrno datano data
Xiangbin Yang
Non-Executive Director4yrsno datano data
Dechang Han
Independent Non-Executive Director6.25yrsCN¥143.00kno data
Jinhuan Liu
Non-Executive Director2.25yrsno datano data
Yinglong Ding
Employee Representative Supervisor2yrsno datano data
Xiaoliang Zhang
Non Executive Director0.50yrno datano data
Jingru Hao
Supervisor0.50yrno datano data

2.0yrs

Average Tenure

54yo

Average Age

Experienced Board: 916's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

China Longyuan Power Group Corporation Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Longyuan Power Group Corporation Limited
  • Ticker: 916
  • Exchange: SEHK
  • Founded: 1993
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Market Cap: HK$42.754b
  • Shares outstanding: 8.04b
  • Website: https://www.clypg.com.cn

Number of Employees


Location

  • China Longyuan Power Group Corporation Limited
  • 6 Fuchengmen North Street
  • Block C
  • Beijing
  • Beijing Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
916SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares-Foreign ListedHKHKDDec 2009
6WXDB (Deutsche Boerse AG)YesForeign Shares-Foreign ListedDEEURDec 2009
CLPX.FOTCPK (Pink Sheets LLC)YesForeign Shares-Foreign ListedUSUSDDec 2009
916SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesForeign Shares-Foreign ListedHKHKDDec 2009
916SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesForeign Shares-Foreign ListedHKHKDDec 2009
CLPX.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDApr 2010

Biography

China Longyuan Power Group Corporation Limited generates and sells wind and coal power in the People’s Republic of China. It operates in two segments, Wind Power and Coal Power. The company designs, develo ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 19:28
End of Day Share Price2020/08/14 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.