CHINA YANGTZE POWER CO

The company operates, manages, and invests in hydropower stations globally. It owns and manages several major stations with an installed capacity of 71,795 MW. The company also produces and distributes biomass gas, power, electricity, and heat, and provides various consulting and investment services. Founded in 2002, it is headquartered in Beijing and operates as a subsidiary of China Three Gorges Corporation.

Overview

Sector

Utilities Renewable Energy

Target Price

19.6 CNY

Current Price

28.1 CNY

Potential

-30%

Strengths

The company has high returns. ROIC (12.96%) is higher than the sector mean (7.42%).
EV/EBIT (18.62) is lower than the sector mean.
Price to free cash flow (15.28) is lower than the sector mean.
Strong EBITDA Margin of 82.60%.

Weaknesses

With a depreciation Potential of -30.56%, based on our fundamental analysis, it suggests the stock may be overvalued.
Price to book ratio (3.29) is significantly higher than the sector mean (1.27).
The company has high debt. Net Debt to EBITDA Ratio (3.49) is higher than the sector mean.

Indicator	Value
PER	21.1
EV/EBITDA	13.3
Price/Free Cash Flow'	15.2
ROIC	13.0%
Net Debt/EBITDA	3.5

CHINA YANGTZE POWER CO

Overview

Strengths

Weaknesses

Key Financial Data