Stock 182 CONCORD NEW ENERGY GROUP LIMITED
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Ratings Concord New Energy Group Limited

Equities

182

BMG2345T1099

Market Closed - Hong Kong S.E.
Other stock markets
 04:08:35 2024-04-19 am EDT 		5-day change 1st Jan Change
0.61 HKD 0.00% Intraday chart for Concord New Energy Group Limited -1.61% -4.69%
Apr. 08 Concord New Energy Reports 21% Higher Power Output for March MT
Apr. 08 Concord New Energy Group Limited Reports Group Operating Results for the Month and Year to Date Ended March 2024 CI

Summary

  • On the basis of various fundamental qualitative criteria, the company appears to be particularly poorly ranked from a medium and long-term investment perspective.

Strengths

  • The group's activity appears highly profitable thanks to its outperforming net margins.
  • Its low valuation, with P/E ratio at 4.61 and 4.32 for the ongoing fiscal year and 2024 respectively, makes the stock pretty attractive with regard to earnings multiples.
  • This company will be of major interest to investors in search of a high dividend stock.
  • Analysts covering this company mostly recommend stock overweighting or purchase.
  • The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
  • Analysts' price targets are all relatively close, reflecting good visibility on the company's valuation.

Weaknesses

  • According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
  • For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
  • The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.

Ratings chart - Surperformance

Sector: Independent Power Producers

1st Jan change Capi. Investor Rating ESG Refinitiv
CONCORD NEW ENERGY GROUP LIMITED Stock Concord New Energy Group Limited
-4.69% 625M -
ADANI GREEN ENERGY LIMITED Stock Adani Green Energy Limited
+10.84% 33.65B
B
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+14.14% 24.54B
C-
EDP RENOVÁVEIS, S.A. Stock EDP Renováveis, S.A.
-30.74% 14.16B
A-
ENGIE BRASIL ENERGIA S.A. Stock Engie Brasil Energia S.A.
-11.98% 6.26B
A
NORTHLAND POWER INC. Stock Northland Power Inc.
-13.83% 3.9B
B+
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-15.80% 3.74B
B+
ENCAVIS AG Stock Encavis AG
+8.34% 2.9B
C+
RENANTIS S.P.A Stock Renantis S.p.A
-.--% 2.89B - -
CLEARWAY ENERGY, INC. Stock Clearway Energy, Inc.
-17.08% 2.58B
C+
Investor Rating
Trading Rating
-
ESG Refinitiv
-

Financials

Sales growth
Earnings Growth
EBITDA / Sales
-
Profitability
Finances
-

Valuation

P/E ratio
EV / Sales
-
Price to Book
-
Price to Free Cash Flow
-
Yield

Momentum

1 year Revenue revision
4 months Revenue revision
7 days Revenue revision
1 year EPS revision
4 months EPS revision

Consensus

Analyst Opinion
Potential Price Target
4m Target Price Revision
4m Revision of opinion
12m Revision of opinion

Business Predictability

Analyst Coverage
Divergence of Estimates
-
Divergence of analysts' opinions
-
Divergence of Target Price
Earnings quality

Technical analysis

ST Timing
MT Timing
LT Timing
RSI
Bollinger Spread
Unusual volumes
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