Risk factor
Meaningful price volatility
Profitability factor
Undervalued vs peers
About
CGN New Energy Holdings Co., Ltd. is an energy enterprise primarily focused on generating and supplying electricity and steam across China and South Korea. The company manages a diverse portfolio of power generation assets, including wind, solar, gas-fired, coal-fired, oil-fired, hydroelectric, co-generation (cogen), and fuel cell projects, in addition to steam production facilities. Its activities also extend to the construction and operation of power stations and related infrastructure. Furthermore, it provides management services for power plants and makes investments in dam and associated facilities. Incorporated in 1995 and headquartered in Wanchai, Hong Kong, the company previously operated as CGN Meiya Power Holdings Co., Ltd. until its rebranding in November 2015. CGN New Energy Holdings Co., Ltd. is a subsidiary of CGN Energy International Holdings Co., Limited.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is underpriced on P/E, of fair value on EV/EBITD.
Target Price
The average target price of 1811.HK is 3.4 and suggests 50.2% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in