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China Three Gorges New Energy Group Co Ltd

China Three Gorges New Energy Group Co Ltd

600905 · SHG · Utilities / Utilities - Renewable

3.23CNY-0.03 (-0.92%)

Price History

Full chart

Market Stats

Previous Close3.26
Open3.26
Day Range3.22 – 3.27
52-Week Range3.51 – 4.62
Volume122.33M
Market Cap100.63B
P/E (TTM)88.00
Forward P/E28.01
EPS0.04
Dividend Yield1.16%
Beta0.09
50-Day Avg3.71
200-Day Avg4.01

About

China Three Gorges Renewables (Group) Co.,Ltd. engages in the development, investment, and operation of wind and solar energy in China. The company develops offshore wind power projects with a cumulative installed capacity of 7.0498 million kilowatts, onshore wind power projects with a cumulative installed capacity of over 7.5 million kilowatts, photovoltaic power stations with a cumulative installed capacity of over 7 gigawatts, and small and medium-sized hydropower project with an installed capacity of 220 megawatts. China Three Gorges Renewables (Group) Co.,Ltd. was founded in 1985 and is based in Beijing, China.

Company Details

  • SectorUtilities
  • IndustryUtilities - Renewable
  • CEOMr. Zi Liu
  • Employees7.43K
  • HeadquartersNo.2 Liangshi Street, Beijing, China, 101199, China
  • Websitehttps://www.ctgne.com

Leadership

  • Mr. Zi LiuGM & Director · b. 1973
  • Mr. Qinghua YangChief Accountant · b. 1977
  • Ms. Liying YangBoard Secretary, General Counsel & Chief Compliance Officer · b. 1983
  • Mr. Pengyuan LuDeputy General Manager · b. 1970
  • Mr. Dong LuDeputy General Manager · b. 1984
  • Mr. Zhong Liang WangDeputy General Manager · b. 1976
  • Mr. Shuchao WangDirector of the Assets & Finance Department
  • Mr. Zhenfeng YangDirector of the Science, Technology & Innovation Department
  • Mr. Guobin YanDeputy Director of the Power Production & Marketing Department
  • Mr. Changsheng LuSenior Deputy Director of Power Production & Marketing Department

Financials

Income Statement

Currency: CNY2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.27B2.63B3.08B3.45B4.20B890.25M1.30B5.18B6.78B7.38B8.96B11.31B16.42B23.81B26.50B29.72B28.40B
Growth (%)-+16.12%+17.07%+11.82%+21.79%-78.78%+45.82%+298.73%+31.00%+8.88%+21.32%+26.33%+45.09%+45.04%+11.29%+12.13%-4.43%
Cost of Revenue1.97B2.26B2.70B3.10B3.67B566.58M639.83M2.46B3.14B3.25B3.89B4.82B6.63B9.91B11.90B14.09B16.53B
Gross Profit300.40M369.64M380.16M346.91M530.81M323.67M658.31M2.71B3.64B4.14B5.06B6.49B9.79B13.90B14.60B15.63B11.87B
Gross Margin13.25%14.04%12.34%10.07%12.65%36.36%50.71%52.40%53.63%56.04%56.55%57.38%59.63%58.38%55.09%52.59%41.81%
Operating Expense562.20M340.55M307.30M173.82M219.33M144.73M-727.63M945.43M983.84M957.49M1.68B2.19B2.13B4.75B5.61B7.10B2.12B
Operating Income-261.80M29.09M72.86M173.09M311.48M178.93M1.39B1.77B2.65B3.18B3.38B4.30B7.66B9.15B8.98B8.53B9.76B
Operating Margin-11.55%1.11%2.36%5.02%7.42%20.10%106.76%34.14%39.12%43.07%37.76%38.03%46.63%38.42%33.90%28.69%34.35%
EBITDA-116.29M186.21M199.58M254.56M491.43M276.40M1.03B4.00B5.72B6.49B7.81B9.77B13.83B20.05B21.72B24.43B23.26B
EBITDA Margin-5.13%7.07%6.48%7.39%11.71%31.05%79.60%77.24%84.36%87.96%87.21%86.32%84.25%84.20%81.96%82.22%81.90%
Net Income-263.51M48.26M91.26M145.11M239.55M95.70M1.12B1.53B2.45B2.77B2.84B3.61B6.44B7.11B7.17B6.11B3.71B
Net Income Margin-11.62%1.83%2.96%4.21%5.71%10.75%86.29%29.64%36.14%37.57%31.71%31.91%39.24%29.88%27.07%20.57%13.08%
R&D-------23.53M12.23M36.49K1.53M1.31M7.42M14.33M17.23M42.53M19.58M
R&D as % of Total Revenue-------0.45%0.18%0.00%0.02%0.01%0.05%0.06%0.07%0.14%0.07%
Interest Expense94.50M163.57M120.93M178.03M55.08M68.11M98.29M1.07B1.39B1.40B1.67B2.12B3.04B4.21B4.02B4.37B4.17B
Interest Expense % of Total Revenue4.17%6.21%3.92%5.17%1.31%7.65%7.57%20.71%20.53%18.90%18.65%18.71%18.53%17.69%15.18%14.71%14.68%

Balance Sheet

Currency: CNY2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets7.14B7.22B8.28B10.04B12.07B6.33B9.38B64.64B68.04B85.09B100.05B142.58B217.20B262.13B311.71B356.87B387.16B
Total Liabilities4.32B4.24B5.14B5.99B7.39B2.29B3.07B40.98B40.45B41.91B58.35B96.14B140.60B174.17B216.22B253.22B278.41B
Total Equity2.70B2.91B3.03B3.67B4.04B3.48B5.59B21.95B25.97B40.72B38.47B41.91B68.83B77.05B82.53B86.72B88.66B
Cash481.39M554.66M851.83M869.18M1.21B1.16B824.94M3.40B3.07B4.89B4.21B1.89B13.08B10.57B5.10B5.43B3.78B
Total Debt2.88B3.01B3.65B4.42B5.10B1.85B2.27B28.39B30.65B30.76B44.29B66.90B100.14B131.16B161.02B157.57B-
Net Debt2.40B2.46B2.79B3.55B3.89B681.73M1.44B25.00B27.58B25.87B40.08B65.01B87.06B120.60B139.92B152.14B168.35B

Cash Flow

Currency: CNY2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-60.05M82.56M20.59M444.06M262.20M491.27M3.85B4.69B5.07B6.12B8.98B8.82B16.87B14.43B18.90B20.94B
Investing Cash Flow8.92M-538.89M-386.80M-556.50M-21.40M-2.10B-10.31B-6.28B-13.48B-12.29B-28.07B-34.90B-29.79B-40.21B-31.67B-
Financing Cash Flow135.54M692.24M387.25M472.32M387.94M1.28B7.81B1.31B10.16B5.58B16.84B37.25B10.27B20.97B13.13B-
Capital Expenditure32.45M519.13M372.44M706.52M615.04M1.92B9.77B6.89B10.62B14.27B25.46B29.91B27.73B41.11B30.87B32.11B
Free Cash Flow-92.50M-436.57M-351.85M-262.46M-352.84M-1.43B-5.92B-2.20B-5.55B-8.15B-16.48B-21.09B-10.86B-26.39B-11.98B-11.17B
Dividends Paid109.86M146.42M187.98M346.05M115.31M77.54M1.11B1.58B1.42B5.03B391.13M1.08B607.34M6.22B6.58B6.07B
FCF to OCF154.05%-528.77%-1708.73%-59.11%-134.56%-290.49%-154.03%-46.94%-109.42%-133.18%-183.59%-239.16%-64.37%-182.92%-63.38%-53.37%
Dividend Paid to FCF-118.76%-33.54%-53.42%-131.85%-32.68%-5.43%-18.76%-71.79%-25.61%-61.65%-2.37%-5.13%-5.59%-23.57%-54.91%-54.31%

Earnings

Report DateOct 29, 2021Apr 27, 2022Aug 30, 2022Oct 28, 2022Feb 7, 2023Apr 28, 2023Aug 30, 2023Oct 29, 2023Jan 19, 2024
EPS Estimate---0.040.070.100.10--
EPS Actual0.030.080.100.040.030.090.070.030.07
Surprise---0.00%-57.14%-10.00%-30.00%--
TimingPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-market

Key Statistics & Ratios

Market Cap100.63B
Enterprise Value308.27B
Trailing P/E88.00
Forward P/E28.01
PEG Ratio1.44
Price / Sales3.72
Price / Book1.17
EPS0.04
Book Value3.11
Revenue (TTM)27.02B
Gross Profit (TTM)9.70B
EBITDA20.90B
Profit Margin4.14%
Operating Margin18.22%
Return on Equity1.34%
Return on Assets1.09%
Shares Outstanding28.59B
Shares Float11.31B
Beta0.09
Dividend Yield1.16%
Dividend Rate0.04
Payout Ratio171.36%

Dividends

20261×
0.04Jul 22, 2026
20251×
0.07Aug 19, 2025
20241×
0.08Aug 14, 2024
20231×
0.08Aug 10, 2023
20221×
0.02Aug 16, 2022
20211×
0.04Nov 11, 2021