China Suntien Green Energy Corp Ltd Class H
00956: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| q.K | LOCK|?fQ | LOCK|dj?^bR |
China Suntien Green Energy Earnings: Softness in Renewables and Gas; Shares Overvalued
Suntien's cumulative nine-month net profit rose 4% year on year. The renewables business was affected by a 5% drop in the average tariff despite higher power generation. Gas segment sales volume declined 11%, due to a warm winter earlier this year and abundant LNG supply in China.
