China Datang Corp Renewable Power Co Ltd Class H
01798: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|%$ | LOCK|dZ^ | LOCK|Nmy |
Datang Renewable Benefits From Faster Subsidy Payments, but Market-Based Tariffs Pose Risks
Business Strategy and Outlook
Datang Renewable is one of China’s earliest renewable fuel source independent power producers. With wind power accounting for about 77% of total installed capacity as of the end of 2024, DR is poised to benefit from China’s plans to cut carbon-based pollution and ambitious targets in renewable power development. However, the company’s high financial leverage has been hindering its growth.
