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China Renewable Energy Investment

SEHK:987
Snowflake Description

Fair value with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
987
SEHK
HK$489M
Market Cap
  1. Home
  2. HK
  3. Utilities
Company description

China Renewable Energy Investment Limited, an investment holding company, engages in renewable energy business in the People’s Republic of China. The last earnings update was 64 days ago. More info.


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987 Share Price and Events
7 Day Returns
-3.5%
SEHK:987
-1.1%
HK Renewable Energy
1.1%
HK Market
1 Year Returns
-14.8%
SEHK:987
-18.5%
HK Renewable Energy
-15.4%
HK Market
987 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
China Renewable Energy Investment (987) -3.5% -7.1% -16.3% -14.8% -3% -37.1%
HK Renewable Energy -1.1% 2.5% -8.2% -18.5% -10.8% -42.5%
HK Market 1.1% -3.4% -8.1% -15.4% 21.3% 3.6%
1 Year Return vs Industry and Market
  • 987 outperformed the Renewable Energy industry which returned -18.5% over the past year.
Price Volatility
987
Industry
5yr Volatility vs Market

Value

 Is China Renewable Energy Investment undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for China Renewable Energy Investment. This is due to cash flow or dividend data being unavailable. The share price is HK$0.195.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for China Renewable Energy Investment's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are China Renewable Energy Investment's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:987 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HKD HK$0.03
SEHK:987 Share Price ** SEHK (2019-06-14) in HKD HK$0.2
Hong Kong Renewable Energy Industry PE Ratio Median Figure of 24 Publicly-Listed Renewable Energy Companies 9.63x
Hong Kong Market PE Ratio Median Figure of 1,488 Publicly-Listed Companies 10.77x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of China Renewable Energy Investment.

SEHK:987 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:987 Share Price ÷ EPS (both in HKD)

= 0.2 ÷ 0.03

7.68x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Renewable Energy Investment is good value based on earnings compared to the HK Renewable Energy industry average.
  • China Renewable Energy Investment is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does China Renewable Energy Investment's expected growth come at a high price?
Raw Data
SEHK:987 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.68x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
19.6%per year
Hong Kong Renewable Energy Industry PEG Ratio Median Figure of 16 Publicly-Listed Renewable Energy Companies 0.59x
Hong Kong Market PEG Ratio Median Figure of 466 Publicly-Listed Companies 0.77x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for China Renewable Energy Investment, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on China Renewable Energy Investment's assets?
Raw Data
SEHK:987 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$0.69
SEHK:987 Share Price * SEHK (2019-06-14) in HKD HK$0.2
Hong Kong Renewable Energy Industry PB Ratio Median Figure of 27 Publicly-Listed Renewable Energy Companies 0.67x
Hong Kong Market PB Ratio Median Figure of 2,169 Publicly-Listed Companies 0.94x
SEHK:987 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:987 Share Price ÷ Book Value per Share (both in HKD)

= 0.2 ÷ 0.69

0.28x

* Primary Listing of China Renewable Energy Investment.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Renewable Energy Investment is good value based on assets compared to the HK Renewable Energy industry average.
X
Value checks
We assess China Renewable Energy Investment's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Renewable Energy industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Renewable Energy industry average (and greater than 0)? (1 check)
  5. China Renewable Energy Investment has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is China Renewable Energy Investment expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover China Renewable Energy Investment, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
19.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is China Renewable Energy Investment expected to grow at an attractive rate?
  • China Renewable Energy Investment's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • China Renewable Energy Investment's earnings growth is expected to exceed the Hong Kong market average.
  • Unable to compare China Renewable Energy Investment's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:987 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:987 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 19.6%
Hong Kong Renewable Energy Industry Earnings Growth Rate Market Cap Weighted Average 17.2%
Hong Kong Renewable Energy Industry Revenue Growth Rate Market Cap Weighted Average 4%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.3%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:987 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:987 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 149 51 62
2018-09-30 150 84 72
2018-06-30 150 117 81
2018-03-31 141 135 71
2017-12-31 131 153 60
2017-09-30 130 134 56
2017-06-30 129 116 51
2017-03-31 130 98 56
2016-12-31 131 80 61
2016-09-30 129 82 55
2016-06-30 127 84 49
2016-03-31 130 107 44

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • China Renewable Energy Investment's earnings are expected to grow by 19.6% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if China Renewable Energy Investment is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:987 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from China Renewable Energy Investment Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:987 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 0.03
2018-09-30 0.03
2018-06-30 0.03
2018-03-31 0.03
2017-12-31 0.03
2017-09-30 0.02
2017-06-30 0.02
2017-03-31 0.02
2016-12-31 0.03
2016-09-30 0.02
2016-06-30 0.02
2016-03-31 0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if China Renewable Energy Investment will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess China Renewable Energy Investment's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
China Renewable Energy Investment has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has China Renewable Energy Investment performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare China Renewable Energy Investment's growth in the last year to its industry (Renewable Energy).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • China Renewable Energy Investment has delivered over 20% year on year earnings growth in the past 5 years.
  • China Renewable Energy Investment's 1-year earnings growth is less than its 5-year average (3.2% vs 25.5%)
  • China Renewable Energy Investment's earnings growth has exceeded the HK Renewable Energy industry average in the past year (3.2% vs 2.6%).
Earnings and Revenue History
China Renewable Energy Investment's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from China Renewable Energy Investment Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:987 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 149.50 62.25 29.67
2018-09-30 149.85 71.84 27.55
2018-06-30 150.20 81.42 25.43
2018-03-31 140.77 70.88 25.38
2017-12-31 131.34 60.33 25.33
2017-09-30 130.29 55.86 25.52
2017-06-30 129.23 51.39 25.71
2017-03-31 130.11 56.24 24.23
2016-12-31 131.00 61.10 22.76
2016-09-30 128.99 54.82 22.89
2016-06-30 126.98 48.54 23.02
2016-03-31 129.95 44.49 23.32
2015-12-31 132.92 40.45 23.62
2015-09-30 128.98 42.73 23.18
2015-06-30 125.04 45.01 22.74
2015-03-31 111.19 29.74 22.10
2014-12-31 97.33 14.46 21.46
2014-09-30 100.83 14.00 23.13
2014-06-30 104.34 13.54 24.80
2014-03-31 109.04 20.87 27.09
2013-12-31 113.74 28.19 29.39
2013-09-30 107.81 -30.48 30.86
2013-06-30 101.87 -89.15 32.33
2013-03-31 100.69 -86.00 34.89
2012-12-31 99.51 -82.84 37.46
2012-09-30 96.42 -23.74 47.80
2012-06-30 93.34 35.36 58.15

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • China Renewable Energy Investment has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • China Renewable Energy Investment used its assets less efficiently than the HK Renewable Energy industry average last year based on Return on Assets.
  • China Renewable Energy Investment has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess China Renewable Energy Investment's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Renewable Energy industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
China Renewable Energy Investment has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is China Renewable Energy Investment's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up China Renewable Energy Investment's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • China Renewable Energy Investment is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • China Renewable Energy Investment's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of China Renewable Energy Investment's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from China Renewable Energy Investment Company Filings, last reported 5 months ago.

SEHK:987 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,727.27 703.47 205.24
2018-09-30 1,727.27 703.47 205.24
2018-06-30 1,794.05 648.79 251.16
2018-03-31 1,794.05 648.79 251.16
2017-12-31 1,743.36 666.44 300.06
2017-09-30 1,743.36 666.44 300.06
2017-06-30 1,654.14 691.37 424.61
2017-03-31 1,654.14 691.37 424.61
2016-12-31 1,563.67 465.43 214.18
2016-09-30 1,563.67 465.43 214.18
2016-06-30 1,627.82 541.21 222.80
2016-03-31 1,627.82 541.21 222.80
2015-12-31 1,606.97 556.73 185.52
2015-09-30 1,606.97 556.73 185.52
2015-06-30 1,792.95 669.63 335.94
2015-03-31 1,792.95 669.63 335.94
2014-12-31 1,758.86 679.80 278.27
2014-09-30 1,758.86 679.80 278.27
2014-06-30 1,752.01 662.89 202.84
2014-03-31 1,752.01 662.89 202.84
2013-12-31 1,791.37 736.45 271.05
2013-09-30 1,791.37 736.45 271.05
2013-06-30 1,769.19 731.40 350.16
2013-03-31 1,769.19 731.40 350.16
2012-12-31 1,720.51 716.66 238.21
2012-09-30 1,720.51 716.66 238.21
2012-06-30 1,812.55 762.72 251.28
  • China Renewable Energy Investment's level of debt (40.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (41.1% vs 40.7% today).
  • Debt is not well covered by operating cash flow (7.3%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.1x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess China Renewable Energy Investment's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. China Renewable Energy Investment has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is China Renewable Energy Investment's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.1%
Current annual income from China Renewable Energy Investment dividends.
If you bought HK$2,000 of China Renewable Energy Investment shares you are expected to receive HK$82 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • China Renewable Energy Investment's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.07%).
  • China Renewable Energy Investment's dividend is below the markets top 25% of dividend payers in Hong Kong (5.92%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:987 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Renewable Energy Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 3.3%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 966 Stocks 3.7%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:987 Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2019-04-12 0.008 3.878
2019-03-20 0.008 3.532
2018-09-20 0.008 3.772
2018-08-23 0.008 3.497
2018-04-18 0.008 3.577
2018-03-19 0.008 3.542
2017-09-21 0.003 1.253
2017-08-24 0.003 1.281
2017-04-12 0.002 0.843
2017-03-14 0.002 0.803
2016-08-18 0.002 0.812
2016-04-21 0.002 0.943
2016-03-22 0.002 0.865

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, China Renewable Energy Investment has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but China Renewable Energy Investment only paid a dividend in the past 3 years.
Current Payout to shareholders
What portion of China Renewable Energy Investment's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.2x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess China Renewable Energy Investment's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can China Renewable Energy Investment afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. China Renewable Energy Investment has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of China Renewable Energy Investment's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Eric Oei
COMPENSATION HK$1,515,000
AGE 47
TENURE AS CEO 11.2 years
CEO Bio

Mr. Kang Oei, also known as Eric, has been the Chief Executive Officer of HKC (Holdings) Limited since January 1, 2014. Mr. Oei has been the Chairman and Chief Executive Officer at China Renewable Energy Investment Limited since April 10, 2008. He served as the Chief Executive Officer of HKC (Holdings) Limited from September 2008 to September 1, 2010. He served as the Managing Director and Chief Executive Officer of HKC (Holdings) Limited since April 2004. He worked at Peregrine Securities Limited and PCCW in Hong Kong, the LG Group in Seoul and McKinsey & Co. in Los Angeles, the United States of America. He served as an Executive Chairman of HKC (Holdings) Limited. He has been an Executive Director of Hong Kong Energy Holdings Limited since April 10, 2008. Mr. Oei has been an Executive Director of HKC (Holdings) Limited since April 2014. He serves as a Director of other members of HKC Group. He serves as a Sole Director of Creator Holdings Limited and Noble Quest Enterprises Limited. He was educated in the United States of America. Mr. Oei holds a Bachelor's Degree in Economics minor in Electrical Engineering from the University of California, San Diego and a Master's Degree in Business Administration from Claremont Graduate School.

CEO Compensation
  • Eric's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Eric's remuneration is about average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the China Renewable Energy Investment management team in years:

10.8
Average Tenure
48
Average Age
  • The average tenure for the China Renewable Energy Investment management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Eric Oei

TITLE
Chairman & CEO
COMPENSATION
HK$2M
AGE
47
TENURE
11.2 yrs

Samuel Leung

TITLE
CFO & Executive Director
COMPENSATION
HK$966K
AGE
54
TENURE
10.5 yrs

Sammy Wong

TITLE
Investor Relations Director & Executive Director
COMPENSATION
HK$950K
AGE
57

Vijay Trivedi

TITLE
President of Business Development
AGE
44
TENURE
12.8 yrs

Yik Piow Tay

TITLE
Financial Controller
AGE
48

Ricky Lai

TITLE
Company Secretary
TENURE
5.2 yrs
Board of Directors Tenure

Average tenure and age of the China Renewable Energy Investment board of directors in years:

8.3
Average Tenure
55.5
Average Age
  • The tenure for the China Renewable Energy Investment board of directors is about average.
Board of Directors

Eric Oei

TITLE
Chairman & CEO
COMPENSATION
HK$2M
AGE
47
TENURE
11.2 yrs

Samuel Leung

TITLE
CFO & Executive Director
COMPENSATION
HK$966K
AGE
54
TENURE
10.5 yrs

Sammy Wong

TITLE
Investor Relations Director & Executive Director
COMPENSATION
HK$950K
AGE
57
TENURE
5.4 yrs

David Yu

TITLE
Independent Non-Executive Director
COMPENSATION
HK$180K
AGE
70
TENURE
11.2 yrs

Yuchuan Tian

TITLE
Independent Non-Executive Director
COMPENSATION
HK$180K
AGE
54
TENURE
6.2 yrs

Songyi Zhang

TITLE
Independent Non Executive Director
COMPENSATION
HK$180K
AGE
62
TENURE
3.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
17. Dec 18 Buy Kang Oei Individual 10. Dec 18 10. Dec 18 866,000 HK$0.20 HK$171,380
04. Dec 18 Buy Kang Oei Individual 29. Nov 18 29. Nov 18 492,000 HK$0.20 HK$96,926
02. Nov 18 Buy Kang Oei Individual 30. Oct 18 30. Oct 18 290,000 HK$0.20 HK$58,000
31. Oct 18 Buy Kang Oei Individual 26. Oct 18 26. Oct 18 204,000 HK$0.20 HK$40,637
30. Oct 18 Buy Kang Oei Individual 25. Oct 18 25. Oct 18 2,000 HK$0.19 HK$384
13. Sep 18 Buy Kang Oei Individual 10. Sep 18 10. Sep 18 888,000 HK$0.23 HK$203,530
12. Sep 18 Buy Kang Oei Individual 07. Sep 18 07. Sep 18 106,000 HK$0.22 HK$23,521
10. Sep 18 Buy Kang Oei Individual 05. Sep 18 05. Sep 18 174,000 HK$0.23 HK$39,324
05. Sep 18 Buy Kang Oei Individual 31. Aug 18 31. Aug 18 202,000 HK$0.23 HK$45,854
30. Aug 18 Buy Kang Oei Individual 27. Aug 18 27. Aug 18 188,000 HK$0.22 HK$41,736
25. Jul 18 Buy Kang Oei Individual 20. Jul 18 20. Jul 18 240,000 HK$0.21 HK$50,400
24. Jul 18 Buy Kang Oei Individual 19. Jul 18 19. Jul 18 800,000 HK$0.21 HK$168,000
10. Jul 18 Buy Kang Oei Individual 05. Jul 18 05. Jul 18 826,000 HK$0.21 HK$175,936
X
Management checks
We assess China Renewable Energy Investment's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. China Renewable Energy Investment has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Does China Renewable Energy Investment Limited's (HKG:987) CEO Pay Matter?

Check out our latest analysis for China Renewable Energy Investment How Does Eric Oei's Compensation Compare With Similar Sized Companies? … At the time of writing our data says that China Renewable Energy Investment Limited has a market cap of HK$506m, and is paying total annual CEO compensation of HK$1.3m. … China Renewable Energy Investment Limited has generated a total shareholder return of 11% over three years, so most shareholders would be reasonably content.

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Have Insiders Been Buying China Renewable Energy Investment Limited (HKG:987) Shares?

So we'll take a look at whether insiders have been buying or selling shares in China Renewable Energy Investment Limited (HKG:987). … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price

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Examining China Renewable Energy Investment Limited’s (HKG:987) Weak Return On Capital Employed

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Understanding Return On Capital Employed (ROCE). … Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)

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China Renewable Energy Investment Limited (HKG:987): Has Recent Earnings Growth Beaten Long-Term Trend?

Measuring China Renewable Energy Investment Limited's (HKG:987) track record of past performance is an insightful exercise for investors. … Check out our latest analysis for China Renewable Energy Investment? … However, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 26%, indicating the rate at which 987 is growing has slowed down

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Do Institutions Own China Renewable Energy Investment Limited (HKG:987) Shares?

Every investor in China Renewable Energy Investment Limited (HKG:987) should be aware of the most powerful shareholder groups. … China Renewable Energy Investment is not a large company by global standards. … View our latest analysis for China Renewable Energy Investment

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Did Changing Sentiment Drive China Renewable Energy Investment's Share Price Down A Worrying 52%?

At this point some shareholders may be questioning their investment in China Renewable Energy Investment Limited (HKG:987), since the last five years saw the share price fall 52%. … Check out our latest analysis for China Renewable Energy Investment. … During five years of share price growth, China Renewable Energy Investment moved from a loss to profitability.

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Here's What China Renewable Energy Investment Limited's (HKG:987) P/E Ratio Is Telling Us

To keep it practical, we'll show how China Renewable Energy Investment Limited's (HKG:987) P/E ratio could help you assess the value on offer. … Based on the last twelve months, China Renewable Energy Investment's P/E ratio is 6.66. … View our latest analysis for China Renewable Energy Investment?

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What Did China Renewable Energy Investment Limited's (HKG:987) CEO Take Home Last Year?

In 2008 Eric Oei was appointed CEO of China Renewable Energy Investment Limited (HKG:987). … This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … See our latest analysis for China Renewable Energy Investment

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What You Must Know About China Renewable Energy Investment Limited's (HKG:987) Financial Strength

While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is. … Here are few basic financial health checks you should consider before taking the plunge.

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How Much Are China Renewable Energy Investment Limited (HKG:987) Insiders Spending On Buying Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in China Renewable Energy Investment Limited (HKG:987). … See our latest analysis for China Renewable Energy Investment. … China Renewable Energy Investment Insider Transactions Over The Last Year.

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Company Info

Description

China Renewable Energy Investment Limited, an investment holding company, engages in renewable energy business in the People’s Republic of China. The Group has over 664 mega-watt of operating wind farms and distributed solar project in Hebei, Heilongjiang, Gansu, Inner Mongolia and Zhejiang provinces. It is also developing a 74MW wind farm in Songxian County of Luoyang City in Henan province. In addition, the company offers human resources management services. The company was formerly known as Hong Kong Energy (Holdings) Limited and changed its name to China Renewable Energy Investment Limited in June 2011. The company is headquartered in Tsimshatsui, Hong Kong. China Renewable Energy Investment Limited is a subsidiary of HKC (Holdings) Limited.

Details
Name: China Renewable Energy Investment Limited
987
Exchange: SEHK
Founded:
HK$488,700,705
2,506,157,464
Website: http://www.cre987.com
Address: China Renewable Energy Investment Limited
Tower 1,
9th Floor,
Tsimshatsui,
Kowloon, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 987 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 05. Jun 2002
Number of employees
Current staff
Staff numbers
89
China Renewable Energy Investment employees.
Industry
Renewable Electricity
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/15 12:43
End of day share price update: 2019/06/14 00:00
Last earnings filing: 2019/04/12
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.