Company Valuation: China Resources Power Holdings Company Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 40,167 125,553 76,775 75,235 97,743 94,119 94,119 -
Change - 212.57% -38.85% -2.01% 29.92% -3.71% 0% -
Enterprise Value (EV) 1 138,473 246,114 200,759 230,344 282,275 305,850 319,393 317,342
Change - 77.73% -18.43% 14.74% 22.55% 8.35% 4.43% -0.64%
P/E ratio 5.28x 79.1x 10.9x 6.83x 6.36x 6.52x 6.15x 5.7x
PBR 0.47x 1.27x 0.93x 0.89x 0.92x 0.83x 0.76x 0.71x
PEG - -1x 0x 0.1x 0.2x -1.08x 1.03x 0.73x
Capitalization / Revenue 0.58x 1.4x 0.74x 0.73x 0.93x 0.89x 0.83x 0.8x
EV / Revenue 1.99x 2.74x 1.94x 2.23x 2.68x 2.89x 2.83x 2.7x
EV / EBITDA 5.37x 12.3x 7.17x 7x 7.84x 7.24x 6.89x 6.44x
EV / EBIT 9.83x 44.9x 14.8x 12.7x 12.2x 12.9x 12.5x 11.5x
EV / FCF -14.1x -13.9x -23.9x -23.2x -17.6x -20.9x -125x -117x
FCF Yield -7.1% -7.2% -4.19% -4.3% -5.67% -4.78% -0.8% -0.85%
Dividend per Share 2 0.631 0.295 0.586 1.415 1.19 1.112 1.174 1.276
Rate of return 7.56% 1.13% 3.67% 9.05% 6.3% 6.12% 6.46% 7.02%
EPS 2 1.58 0.33 1.46 2.29 2.97 2.79 2.957 3.188
Distribution rate 39.9% 89.4% 40.1% 61.8% 40.1% 39.9% 39.7% 40%
Net sales 1 69,551 89,800 103,305 103,334 105,284 105,760 112,840 117,586
EBITDA 1 25,806 20,077 27,981 32,919 36,008 42,228 46,324 49,275
EBIT 1 14,093 5,479 13,551 18,198 23,225 23,638 25,483 27,494
Net income 1 7,583 1,593 7,042 11,003 14,388 14,178 14,996 16,239
Net Debt 1 98,306 120,562 123,984 155,109 184,532 211,731 225,274 223,223
Reference price 2 8.35 26.10 15.96 15.64 18.88 18.18 18.18 18.18
Nbr of stocks (in thousands) 4,810,444 4,810,444 4,810,444 4,810,444 5,177,058 5,177,058 5,177,058 -
Announcement Date 3/18/21 3/16/22 3/22/23 3/20/24 3/20/25 - - -
1HKD in Million2HKD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
6.52x2.89x7.24x6.12% 12.07B
15.93x2.93x11.06x2.63% 36.25B
22.37x5.45x14.67x - 29.67B
83.68x9.66x23.96x-.--% 17.35B
14.42x4.85x9.57x4% 15.27B
8.62x1.36x7.61x4.91% 8.02B
30.44x4.29x9.83x4.61% 6.57B
12.51x - - - 4.7B
7.85x0.57x4.61x4.37% 3.96B
Average 22.48x 4.00x 11.07x 3.81% 14.87B
Weighted average by Cap. 25.03x 4.54x 12.62x 3.19%
See all sector valuations

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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