CHINA RESOURCES POWER HOLDINGS COMPANY LIMITED Financials China Resources Power Holdings Company Limited
Equities
836
HK0836012952
Independent Power Producers
|
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 16.88 HKD | +0.72% |
|
-2.09% | -10.59% |
Projected Income Statement: China Resources Power Holdings Company Limited
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 67,758 | 69,551 | 89,800 | 103,305 | 103,334 | 106,138 | 113,686 | 122,393 |
| Change | - | 2.65% | 29.11% | 15.04% | 0.03% | 2.71% | 7.11% | 7.66% |
| EBITDA 1 | 23,520 | 25,806 | 20,077 | 27,981 | 32,919 | 39,978 | 45,505 | 53,548 |
| Change | - | 9.72% | -22.2% | 39.37% | 17.65% | 21.45% | 13.82% | 17.67% |
| EBIT 1 | 12,888 | 14,093 | 5,479 | 13,551 | 18,198 | 23,156 | 26,143 | 30,992 |
| Change | - | 9.35% | -61.12% | 147.31% | 34.29% | 27.24% | 12.9% | 18.55% |
| Interest Paid 1 | -3,787 | -3,422 | -3,760 | -3,798 | -4,241 | -4,326 | -4,826 | -5,669 |
| Earnings before Tax (EBT) 1 | 9,653 | 11,470 | 1,842 | 9,461 | 15,499 | 20,132 | 22,590 | 26,367 |
| Change | - | 18.83% | -83.94% | 413.77% | 63.81% | 29.89% | 12.21% | 16.72% |
| Net income 1 | 6,590 | 7,583 | 1,593 | 7,042 | 11,003 | 14,831 | 16,734 | 19,630 |
| Change | - | 15.06% | -78.99% | 342.16% | 56.24% | 34.79% | 12.83% | 17.31% |
| Announcement Date | 3/30/20 | 3/18/21 | 3/16/22 | 3/22/23 | 3/20/24 | - | - | - |
1HKD in Million
Estimates
Forecast Balance Sheet: China Resources Power Holdings Company Limited
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 84,034 | 98,306 | 120,562 | 123,984 | 155,109 | 184,629 | 220,132 | 236,220 |
| Change | - | 16.98% | 22.64% | 2.84% | 25.1% | 19.03% | 19.23% | 7.31% |
| Announcement Date | 3/30/20 | 3/18/21 | 3/16/22 | 3/22/23 | 3/20/24 | - | - | - |
1HKD in Million
Estimates
Cash Flow Forecast: China Resources Power Holdings Company Limited
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| CAPEX 1 | 22,542 | 30,529 | 25,118 | 32,580 | 38,777 | 57,867 | 67,175 | 55,546 |
| Change | - | 35.43% | -17.72% | 29.71% | 19.02% | 49.23% | 16.09% | -17.31% |
| Free Cash Flow (FCF) 1 | -2,034 | -9,826 | -17,718 | -8,413 | -9,907 | -20,014 | -17,104 | 7,379 |
| Change | - | 383.03% | 80.31% | -52.52% | 17.76% | 102% | -14.54% | -143.14% |
| Announcement Date | 3/30/20 | 3/18/21 | 3/16/22 | 3/22/23 | 3/20/24 | - | - | - |
1HKD in Million
Estimates
Forecast Financial Ratios: China Resources Power Holdings Company Limited
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
Profitability | ||||||||
| EBITDA Margin (%) | 34.71% | 37.1% | 22.36% | 27.09% | 31.86% | 37.67% | 40.03% | 43.75% |
| EBIT Margin (%) | 19.02% | 20.26% | 6.1% | 13.12% | 17.61% | 21.82% | 23% | 25.32% |
| EBT Margin (%) | 14.25% | 16.49% | 2.05% | 9.16% | 15% | 18.97% | 19.87% | 21.54% |
| Net margin (%) | 9.73% | 10.9% | 1.77% | 6.82% | 10.65% | 13.97% | 14.72% | 16.04% |
| FCF margin (%) | -3% | -14.13% | -19.73% | -8.14% | -9.59% | -18.86% | -15.05% | 6.03% |
| FCF / Net Income (%) | -30.87% | -129.59% | -1,112.41% | -119.46% | -90.04% | -134.94% | -102.21% | 37.59% |
Profitability | ||||||||
| ROA | 3.11% | 4.1% | 0.58% | 2.47% | 3.63% | 4.17% | 4.24% | 4.47% |
| ROE | 9.21% | 12.29% | 1.83% | 8.23% | 13.16% | 15.95% | 16.12% | 16.64% |
Financial Health | ||||||||
| Leverage (Debt/EBITDA) | 3.57x | 3.81x | 6.01x | 4.43x | 4.71x | 4.62x | 4.84x | 4.41x |
| Debt / Free cash flow | -41.31x | -10x | -6.8x | -14.74x | -15.66x | -9.23x | -12.87x | 32.01x |
Capital Intensity | ||||||||
| CAPEX / Current Assets (%) | 33.27% | 43.89% | 27.97% | 31.54% | 37.53% | 54.52% | 59.09% | 45.38% |
| CAPEX / EBITDA (%) | 95.84% | 118.3% | 125.11% | 116.44% | 117.8% | 144.74% | 147.62% | 103.73% |
| CAPEX / FCF (%) | -1,108.07% | -310.68% | -141.76% | -387.25% | -391.39% | -289.14% | -392.73% | 752.78% |
Items per share | ||||||||
| Cash flow per share 1 | 4.263 | 4.304 | 1.538 | 5.024 | 6.001 | 7.206 | 8.212 | 9.626 |
| Change | - | 0.95% | -64.26% | 226.64% | 19.46% | 20.07% | 13.97% | 17.22% |
| Dividend per Share 1 | 0.548 | 0.631 | 0.295 | 0.586 | 1.415 | 1.204 | 1.332 | 1.622 |
| Change | - | 15.15% | -53.25% | 98.64% | 141.47% | -14.92% | 10.67% | 21.74% |
| Book Value Per Share 1 | 15.16 | 17.84 | 20.62 | 17.1 | 17.66 | 19.5 | 22.16 | 25.18 |
| Change | - | 17.66% | 15.63% | -17.11% | 3.33% | 10.38% | 13.68% | 13.6% |
| EPS 1 | 1.37 | 1.58 | 0.33 | 1.46 | 2.29 | 3.036 | 3.368 | 3.991 |
| Change | - | 15.33% | -79.11% | 342.42% | 56.85% | 32.59% | 10.93% | 18.48% |
| Nbr of stocks (in thousands) | 4,810,444 | 4,810,444 | 4,810,444 | 4,810,444 | 4,810,444 | 5,177,058 | 5,177,058 | 5,177,058 |
| Announcement Date | 3/30/20 | 3/18/21 | 3/16/22 | 3/22/23 | 3/20/24 | - | - | - |
1HKD
Estimates
| 2024 * | 2025 * | |
|---|---|---|
| P/E ratio | 5.52x | 4.98x |
| PBR | 0.86x | 0.76x |
| EV / Sales | 2.56x | 2.7x |
| Yield | 7.18% | 7.95% |
More valuation ratios
* Estimated data
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Sell
Buy
Mean consensus
BUY
Number of Analysts
17
Last Close Price
16.76HKD
Average target price
23.85HKD
Spread / Average Target
+42.31%
Annual profits - Rate of surprise
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- Financials China Resources Power Holdings Company Limited