Cumulative nine-month net profits at China Longyuan, China Suntien Green Energy, China Three Gorges Renewables, and Datang Renewable fell 36%, 16%, 67%, and 75% year over year, respectively. Suntien’s smaller decline was supported by its diversified gas business.
Longyuan is a major beneficiary of China’s ambitious renewable targets, and the firm is poised to post strong growth in renewable power capacity.
Increasing contribution from grid-parity projects will lower Longyuan’s future returns.
Metric | 00916 | 01798 | 01816 |
|---|---|---|---|
Price/Earnings (Normalized) | 13.34 | 26.14 | 16.74 |
Price/Book Value | 0.51 | 0.30 | 1.15 |
Price/Sales | 1.38 | 0.53 | 2.09 |
Price/Cash Flow | 1.60 | 0.78 | 5.18 |
Metric | 00916 | 01798 | 01816 |
|---|---|---|---|
Quick Ratio | 0.60 | 1.28 | 0.25 |
Current Ratio | 0.65 | 1.31 | 0.56 |
Interest Coverage | 2.51 | 1.69 | 5.16 |
Metric | 00916 | 01798 | 01816 |
|---|---|---|---|
Return on Assets (Normalized) | 1.11% | 0.80% | 1.78% |
Return on Equity (Normalized) | 3.84% | 4.69% | 7.44% |
Return on Invested Capital (Normalized) | 2.32% | 1.74% | 2.72% |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| Verbund AG ADR OEZVY | — | LOCK|rnX | $28B | |||
| Orsted AS ADR DNNGY | — | LOCK|V$ | $28B | |||
| Orsted AS DOGEF | — | LOCK|#D | $28B | |||
| Fortum Oyj FOJCF | — | LOCK|ntTVd | $24B | |||
| Fortum Oyj ADR FOJCY | — | LOCK|P&l@ | $24B | |||
| Axia Energia ADR AXIAY | — | LOCK|?& | $21B | |||
| Axia Energia Preferred C ADS AXICY | — | LOCK|$^ | $21B | |||
| EDP Renewables SA ADR EDRVY | — | LOCK|d!@ | $16B | |||
| EDP Renewables SA EDRVF | — | LOCK|v&< | $16B | |||
| China Longyuan Power Group Corp Ltd ADR CLPXY | — | LOCK|jTQ | $13B |
United States