China Longyuan Power Group Corp Ltd Class H
00916: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|>! | LOCK|<J | LOCK|QJ%^rL< |
China Longyuan Earnings: Higher Average Wind Tariff a Positive Surprise; Shares Remain Attractive
China Longyuan’s 2024 net profit rose by 2% to CNY 6.4 billion. The average wind tariff also grew 2%, contrary to the declining trend observed among peers, due to a higher proportion of electricity sales from high-tariff projects.
