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China Three Gorges Renewables (Group) Co., Ltd.

  • Market Cap: Large Cap
  • Industry: Power
  • ISIN: CNE1000051F2
CNY
3.61
-0.03 (-0.82%)

Sep 24

SHG

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  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
China Three Gorges Renewables (Group) Co., Ltd.

Why is China Three Gorges Renewables (Group) Co., Ltd. ?

1
Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 5.12%
  • Poor long term growth as Net Sales has grown by an annual rate of 11.64% and Operating profit at -8.68% over the last 5 years
  • The company is Net-Debt Free
2
With a fall in Net Sales of -9.82%, the company declared Very Negative results in Jun 26
  • The company has declared negative results for the last 4 consecutive quarters
  • PRE-TAX PROFIT(Q) At CNY 77.98 MM has Fallen at -94.92%
  • NET PROFIT(Q) At CNY 178.02 MM has Fallen at -86.91%
  • ROCE(HY) Lowest at 1.26%
3
With ROE of 2.98%, it has a very expensive valuation with a 1.20 Price to Book Value
  • Over the past year, while the stock has generated a return of -14.35%, its profits have fallen by -63.8%
4
Consistent Underperformance against the benchmark over the last 3 years
  • Along with generating -14.35% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in each of the last 3 annual periods
stock-recommendationReal-Time Research Report

Verdict Report

How much should you sell?

  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Power)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is China Three Gorges Renewables (Group) Co., Ltd. for you?

Low Risk, Low Return

Absolute
Risk Adjusted
Volatility
China Three Gorges Renewables (Group) Co., Ltd.
-15.26%
-1.34
16.60%
China Shanghai Composite
0.9%
0.22
14.72%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
11.64%
EBIT Growth (5y)
-8.68%
EBIT to Interest (avg)
2.56
Debt to EBITDA (avg)
7.91
Net Debt to Equity (avg)
2.01
Sales to Capital Employed (avg)
0.11
Tax Ratio
32.28%
Dividend Payout Ratio
31.56%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
4.54%
ROE (avg)
9.69%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
40
Industry P/E
Price to Book Value
1.20
EV to EBIT
47.92
EV to EBITDA
17.94
EV to Capital Employed
1.06
EV to Sales
11.07
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
2.22%
ROE (Latest)
2.98%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
Mildly Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

3What is working for the Company
OPERATING CASH FLOW(Y)

Highest at CNY 21,837.85 MM

-27What is not working for the Company
PRE-TAX PROFIT(Q)

At CNY 77.98 MM has Fallen at -94.92%

NET PROFIT(Q)

At CNY 178.02 MM has Fallen at -86.91%

ROCE(HY)

Lowest at 1.26%

DEBT-EQUITY RATIO (HY)

Highest at 227.01 %

DEBTORS TURNOVER RATIO(HY)

Lowest at 0.51 times

RAW MATERIAL COST(Y)

Grown by 31.66% (YoY

NET SALES(Q)

Lowest at CNY 6,409.44 MM

Here's what is working for China Three Gorges Renewables (Group) Co., Ltd.

Operating Cash Flow
Highest at CNY 21,837.85 MM and Grown
In each year in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (CNY MM)

Here's what is not working for China Three Gorges Renewables (Group) Co., Ltd.

Pre-Tax Profit
At CNY 77.98 MM has Fallen at -94.92%
Year on Year (YoY)
MOJO Watch
Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (CNY MM)

Net Profit
At CNY 178.02 MM has Fallen at -86.91%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very negative

Net Profit (CNY MM)

Debt-Equity Ratio
Highest at 227.01 % and Grown
In each half year in the last five Semi-Annual periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Debtors Turnover Ratio
Lowest at 0.51 times and Fallen
In each half year in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling Debtors has slowed

Debtors Turnover Ratio

Net Sales
Lowest at CNY 6,409.44 MM
in the last five periods
MOJO Watch
Near term sales trend is negative

Net Sales (CNY MM)

Raw Material Cost
Grown by 31.66% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin

Raw Material Cost as a percentage of Sales

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