Risk factor
Good trading liquidity
Profitability factor
Very low or no dividends
About
Ningbo Energy Group Co.,Ltd., together with its subsidiaries, engages in the cogeneration business in China. It operates coal-fired power plants, coal-fired gas-fired thermal power plants, and renewable energy power plants. The company is also involved in the production and consulting services of electricity, heat, and ash; heat supply activities; and construction and operation of charging piles and other cities energy infrastructure. In addition, it engages in the new energy development; investment management; equity investment; bulk commodity and energy trading; financial leasing; and waterway transportation activities. The company was formerly known as NINGBO THERMAL POWER CO.,LTD. and changed its name to Ningbo Energy Group Co.,Ltd. in December 2020. Ningbo Energy Group Co.,Ltd. was founded in 1994 and is based in Ningbo, China.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is reasonably priced on P/E, of fair