Risk factor
Fair trading liquidity
Profitability factor
Decent dividends
About
Ningbo Energy Group Co.,Ltd., together with its various subsidiary companies, is a prominent player in China's cogeneration industry. Its operations include a diverse range of power generation facilities, such as coal-fired plants, hybrid coal-and-gas-fired thermal power stations, and renewable energy installations. Beyond power production, the company delivers consultation services and production for electricity, heat, and ash, and is a key provider of heat supply. It is also actively involved in the construction and management of electric vehicle charging points and other critical urban energy infrastructure. Additionally, the group's business interests span new energy initiatives, investment management, equity ventures, trading of bulk commodities and energy products, financial leasing, and waterway logistics. Established in 1994 and based in Ningbo, China, the company operated as NINGBO THERMAL POWER CO.,LTD. until its official name change in December 2020.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, o