Risk factor
Good trading liquidity
Profitability factor
Excellent dividends
About
China Resources Power Holdings Company Limited is an investment firm focused on the financing, development, operation, and management of power generation facilities and coal mining operations throughout the People's Republic of China. Its activities are primarily categorized into two key segments: Thermal Power and Renewable Energy. The company maintains and operates a diverse portfolio of power plants, encompassing facilities fueled by coal and natural gas, as well as clean and renewable energy sources like wind farms, solar photovoltaic installations, and hydroelectric plants. As of December 31, 2021, its attributed operational capacity stood at 47,997 MW, comprising 37 coal-fired, 141 wind, 31 solar, 2 hydro, and 4 gas-fired power plants. Beyond power generation, the company also undertakes coal mining, co-generation of heat and power, coal-electricity integration projects, and participates in energy distribution, electricity sales, smart energy solutions, and the construction and management of distribution networks, including distributed energy resources. Founded in 2001 and headquartered in Wan Chai, Hong Kong, the company operates as a subsidiary of CRH (Power) Limited.
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, underpriced on P/FCF.
Target Price
The average target price of 0836.HK is 22 and suggests 18.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc