China Resources Power Holdings Past Earnings Performance

Past criteria checks 5/6

China Resources Power Holdings has been growing earnings at an average annual rate of 8.9%, while the Renewable Energy industry saw earnings growing at 8.9% annually. Revenues have been growing at an average rate of 10.4% per year. China Resources Power Holdings's return on equity is 11.3%, and it has net margins of 10.6%.

Key information

8.9%

Earnings growth rate

8.8%

EPS growth rate

Renewable Energy Industry Growth	4.6%
Revenue growth rate	10.4%
Return on equity	11.3%
Net Margin	10.6%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How China Resources Power Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SZSC:836 Revenue, expenses and earnings (HKD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	103,334	11,003	7,187
30 Sep 23	103,857	10,208	7,297
30 Jun 23	104,380	9,413	7,407
31 Mar 23	103,842	8,228	7,075
31 Dec 22	103,305	7,042	6,742
30 Sep 22	100,664	3,957	6,284
30 Jun 22	98,023	872	5,825
31 Mar 22	94,219	1,505	6,090
31 Dec 21	90,414	2,138	6,355
30 Sep 21	85,790	5,414	5,961
30 Jun 21	81,166	8,689	5,568
31 Mar 21	75,358	8,136	5,448
31 Dec 20	69,551	7,583	5,329
30 Sep 20	67,789	7,342	5,301
30 Jun 20	66,026	7,101	5,273
31 Mar 20	66,892	6,846	5,216
31 Dec 19	67,758	6,590	5,160
30 Sep 19	69,153	5,800	5,508
30 Jun 19	70,548	5,009	5,856
31 Mar 19	73,744	4,480	6,037
31 Dec 18	76,940	3,950	6,219
30 Sep 18	77,734	4,840	6,057
30 Jun 18	78,527	5,729	5,894
31 Mar 18	75,919	5,176	5,582
31 Dec 17	73,312	4,623	5,269
30 Sep 17	71,323	4,425	5,565
30 Jun 17	69,334	4,226	5,860
31 Mar 17	67,773	5,967	5,747
31 Dec 16	66,213	7,708	5,633
30 Sep 16	65,839	8,128	5,485
30 Jun 16	65,465	8,549	5,337
31 Mar 16	68,450	9,287	5,427
31 Dec 15	71,436	10,025	5,516
30 Sep 15	71,616	9,995	5,433
30 Jun 15	71,797	9,964	5,351
31 Mar 15	71,239	9,589	5,369
31 Dec 14	70,681	9,215	5,388
30 Sep 14	71,871	10,482	5,196
30 Jun 14	73,060	11,749	5,004
31 Mar 14	71,321	11,382	4,793
31 Dec 13	69,582	11,016	4,583
30 Sep 13	66,710	10,412	4,415
30 Jun 13	63,838	9,808	4,247

Quality Earnings: 836 has high quality earnings.

Growing Profit Margin: 836's current net profit margins (10.6%) are higher than last year (6.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 836's earnings have grown by 8.9% per year over the past 5 years.

Accelerating Growth: 836's earnings growth over the past year (56.2%) exceeds its 5-year average (8.9% per year).

Earnings vs Industry: 836 earnings growth over the past year (56.2%) exceeded the Renewable Energy industry 7.4%.

Return on Equity

High ROE: 836's Return on Equity (11.3%) is considered low.

Return on Assets

Return on Capital Employed

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China Resources Power Holdings Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

Full year 2023 earnings released: EPS: HK$2.29 (vs HK$1.46 in FY 2022)

China Resources Power Holdings Company Limited to Report Fiscal Year 2023 Results on Mar 20, 2024

First half 2023 earnings released: EPS: HK$1.40 (vs HK$0.91 in 1H 2022)

China Resources Power Holdings Company Limited to Report First Half, 2023 Results on Aug 22, 2023

Full year 2022 earnings released: EPS: HK$1.46 (vs HK$0.33 in FY 2021)

First half 2022 earnings released: EPS: HK$0.91 (vs HK$1.06 in 1H 2021)

Recent updates

Dividend of HK$0.59 announced

China Resources Power Holdings Company Limited, Annual General Meeting, Jun 05, 2024

Full year 2023 earnings released: EPS: HK$2.29 (vs HK$1.46 in FY 2022)

China Resources Power Holdings Company Limited Proposes Ordinary Final Cash Dividend for the Year Ended 31 December 2023, Payable on 22 July 2024

China Resources Power Holdings Company Limited to Report Fiscal Year 2023 Results on Mar 20, 2024

Upcoming dividend of HK$0.50 per share at 4.5% yield

China Resources Power Holdings Company Limited Announces Management Changes

Upcoming dividend of HK$0.33 per share at 3.7% yield

First half 2023 earnings released: EPS: HK$1.40 (vs HK$0.91 in 1H 2022)

China Resources Power Holdings Company Limited Announces Ordinary Interim (Semi-Annual) Dividend for the Six Months Ended 30 June 2023, Payment Date 03 November 2023

China Resources Power Holdings Company Limited to Report First Half, 2023 Results on Aug 22, 2023

Now 21% undervalued after recent price drop

Now 22% undervalued after recent price drop

China Resources Power Holdings Company Limited Approves Final Dividend for the Year Ended 31 December 2022

Upcoming dividend of HK$0.38 per share at 3.3% yield

Less than half of directors are independent

China Resources Power Holdings Company Limited Proposes Final Dividend for the Year Ended 31 December 2022

China Resources Power Holdings Company Limited Appoints Song Kui as an Executive Director and the Vice Chairman of the Board

Full year 2022 earnings released: EPS: HK$1.46 (vs HK$0.33 in FY 2021)

Now 22% undervalued

China Resources Power Holdings Company Limited Announces Executive Changes

Now 20% undervalued

Less than half of directors are independent

Upcoming dividend of HK$0.21 per share

First half 2022 earnings released: EPS: HK$0.91 (vs HK$1.06 in 1H 2021)

China Resources Power Holdings Company Limited Announces Interim Dividend for the Six Months Ended June 30, 2022, Payment Date Is 04 November 2022

China Resources Power Holdings Company Limited to Report First Half, 2022 Results on Aug 17, 2022

China Resources Power Holdings Company Limited Announces Final Dividend for the Year Ended December 31, 2021, Payable on 22 July 2022

China Resources Power Holdings Company Limited Approves Final Dividend for the Year Ended December 31, 2021

Upcoming dividend of HK$0.045 per share

Full year 2021 earnings released: EPS: HK$0.33 (vs HK$1.58 in FY 2020)

Less than half of directors are independent

Full year 2021 earnings: Revenues exceed analyst expectations

Investor sentiment deteriorated over the past week

China Resources Power Holdings Company Limited to Report Fiscal Year 2021 Results on Mar 16, 2022

Investor sentiment deteriorated over the past week

China Resources Power Holdings Company Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2021

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

President & Executive Director Yong Tang has left the company

First half 2021 earnings released: EPS HK$1.06 (vs HK$0.94 in 1H 2020)

Investor sentiment improved over the past week

Independent Non-Executive Director Chiu-Cheung Ma has left the company

Less than half of directors are independent

Non-Executive Director Ying Chen has left the company

Non-Executive Director Yan Wang has left the company

Upcoming dividend of HK$0.25 per share

First half 2021 earnings released: EPS HK$1.06 (vs HK$0.94 in 1H 2020)

Investor sentiment improved over the past week

Independent Non-Executive Director recently bought HK$1.3m worth of stock

Upcoming dividend of HK$0.41 per share

Full year 2020 earnings released: EPS HK$1.58 (vs HK$1.37 in FY 2019)

Investor sentiment improved over the past week

China Resources Power Holdings Company Limited Recommends Final Dividend for the Year Ended December 31, 2020, Payable on 9 July 2021

Full year 2020 earnings released

China Resources Power Holdings Company Limited to Report Fiscal Year 2020 Results on Mar 19, 2021

New 90-day high: HK$9.19

New 90-day high: HK$8.66

New 90-day low: HK$7.92

New 90-day low: HK$8.44

New 90-day low: HK$8.51

First half earnings released

New 90-day low: HK$8.71

New 90-day low - HK$8.95

Earnings released

New 90-day high - HK$10.16

China Resources Power Holdings Company Limited to Report First Half, 2020 Results on Aug 17, 2020

New 90-day high - HK$9.97

Revenue & Expenses BreakdownBeta

Revenue & Expenses Breakdown
Beta