Risk factor
Modest price volatility
Profitability factor
Excellent dividends
About
Beijing Jingneng Clean Energy Co., Limited is a Chinese energy firm headquartered in Beijing, specializing in the generation of clean power and heat. Operating throughout the People's Republic of China, its diverse portfolio includes gas-fired power and heat, wind, photovoltaic, and hydropower sources. By December 31, 2019, the company boasted a total installed capacity of 10,861 megawatts. This comprised 4,702 MW from seven gas-fired cogeneration plants, 2,797 MW from wind power, 2,912 MW from photovoltaic installations, and 450 MW from hydropower. Its primary business involves selling electricity to local grid companies. Additionally, the company offers a range of services including repair and maintenance, investment management, and finance leasing. Founded in 2010, it was originally known as Beijing Jingneng Energy Technology Investment Co., Ltd., changing to its current name in August 2010. Beijing Jingneng Clean Energy Co., Limited operates as a subsidiary of Beijing Energy Group Co., Ltd.
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, of fair value on EV/E
Target Price
The average target price of 0579.HK is 2.40 and suggests 45.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i