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Concord New Energy Group
(OTC:0182)
Concord New Energy Group (0182) vs. iShares MSCI Hong Kong ETF (EWH)
Concord New Energy Group Business Overview & Revenue Model
Concord New Energy Group Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.45B | 2.25B | 2.68B | 2.18B | 2.00B |
| Gross Profit | 1.21B | 1.06B | 1.59B | 1.31B | 1.24B |
| EBITDA | 1.83B | 1.67B | 2.25B | 1.87B | 1.70B |
| Net Income | 805.13M | 963.77M | 871.82M | 787.53M | 673.40M |
Balance Sheet | |||||
| Total Assets | 32.13B | 31.24B | 27.17B | 24.04B | 19.53B |
| Cash, Cash Equivalents and Short-Term Investments | 1.75B | 2.60B | 3.61B | 3.52B | 2.28B |
| Total Debt | 16.65B | 16.69B | 14.05B | 11.59B | 9.63B |
| Total Liabilities | 23.22B | 22.80B | 19.08B | 16.48B | 13.03B |
| Stockholders Equity | 8.71B | 8.28B | 7.83B | 7.40B | 6.42B |
Cash Flow | |||||
| Free Cash Flow | -2.31B | -2.61B | -1.96B | -1.84B | -466.16M |
| Operating Cash Flow | 2.19B | 1.58B | 2.40B | 1.29B | 965.16M |
| Investing Cash Flow | -3.42B | -4.59B | -3.77B | -1.95B | -143.54M |
| Financing Cash Flow | 525.04M | 1.97B | 1.28B | 1.89B | -15.15M |
Concord New Energy Group Technical Analysis
Concord New Energy Group Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $3.84B | 4.54 | 9.47% | 7.07% | 3.88% | -5.30% | |
76 Outperform | HK$2.87B | 6.61 | 11.34% | 5.61% | 12.84% | 16.40% | |
66 Neutral | $2.84B | 30.71 | 1.64% | 7.75% | 23.69% | 92.69% | |
63 Neutral | HK$30.55B | 8.57 | 5.37% | 4.98% | -3.09% | 4.51% | |
57 Neutral | HK$3.84B | 13.68 | 2.06% | ― | -10.89% | -24.84% | |
50 Neutral | $699.45M | ― | -22.62% | ― | 30.60% | 68.16% | |
40 Underperform | HK$754.48M | ― | ― | -4.32% | 14.13% |
Concord New Energy Group Corporate Events
Concord New Energy Group Limited has announced a board meeting scheduled for August 1, 2025, to approve the interim results for the first half of the year and consider the payment of an interim dividend. This meeting is significant as it will provide insights into the company’s financial performance and potential returns for stakeholders, reflecting its strategic positioning in the renewable energy market.
Concord New Energy Group Limited has announced a change in its Hong Kong branch share registrar and transfer office, effective from August 1, 2025. The new registrar will be Tricor Investor Services Limited, and this change is expected to streamline the company’s share transfer process, potentially impacting stakeholders by improving operational efficiency.
Concord New Energy Group Limited announced that all ordinary resolutions were unanimously approved by shareholders at their Special General Meeting held on July 4, 2025. The resolutions pertained to the approval and ratification of various finance lease agreements and associated transactions, indicating strong shareholder support for the company’s strategic financial arrangements.
Concord New Energy Group Limited announced a significant increase in its power generation output for June 2025, with a total growth of 9.55% compared to the same month in 2024. The increase was driven by a notable 33.34% rise in solar power generation, while wind power saw a modest 5.41% growth. This development underscores the company’s strengthening position in the renewable energy market and its commitment to expanding its clean energy footprint.
Concord New Energy Group Limited has announced a series of finance lease arrangements involving Haotai Co, Jilin Co, Daoxian Co, and China Resources Leasing. These arrangements include the purchase and leasing of equipment and facilities valued at RMB500 million. The transactions are considered discloseable under the Listing Rules due to their financial scale, indicating a strategic move to enhance operational capabilities and financial flexibility.
Concord New Energy Group Limited has announced a Special General Meeting (SGM) to be held on July 4, 2025, in Hong Kong. The meeting will address the approval and ratification of various finance lease agreements and rights transfer agreements, which are crucial for the company’s ongoing operations and strategic initiatives in the renewable energy sector. These resolutions, if passed, will authorize the company’s directors to execute necessary documents and actions to facilitate these transactions, potentially impacting the company’s operational efficiency and market positioning.
Concord New Energy Group Limited reported its power generation output for May 2025, showing a 5.50% increase compared to May 2024. The growth was driven by a significant 22.17% increase in solar power output, while wind power saw a modest rise of 3.26%. Despite the monthly growth, the cumulative output from January to May 2025 showed a slight decline of 0.87% compared to the same period in 2024, indicating challenges in maintaining consistent growth.
Concord New Energy Group Limited has announced major finance lease arrangements involving the purchase and leaseback of equipment and facilities totaling RMB591.7 million. These transactions, which involve multiple financial leasing entities, are significant enough to be classified as major transactions under the Hong Kong Stock Exchange’s Listing Rules, requiring notification, publication, and shareholder approval. This strategic move is expected to enhance the company’s operational capabilities and strengthen its position in the renewable energy market.
Concord New Energy Group Limited announced the successful passage of all ordinary resolutions during its Annual General Meeting held on May 23, 2025. Key resolutions included the adoption of financial statements, re-election of directors, declaration of a final dividend, re-appointment of KPMG as auditor, and granting of mandates to the board for share issuance and repurchase. These resolutions reflect the company’s strategic direction and commitment to governance, potentially impacting shareholder value and market confidence.
Concord New Energy Group Limited announced a decrease in its total power generation output for April 2025 compared to the previous year, with wind power output declining by 9.59% and solar power increasing by 23.05%. This shift in power generation dynamics reflects the company’s growing emphasis on solar energy, which may influence its strategic direction and impact stakeholders interested in the company’s renewable energy initiatives.
Concord New Energy Group Limited has announced its upcoming annual general meeting scheduled for May 23, 2025, where key agenda items include the adoption of financial statements, re-election of directors, and declaration of a final dividend. Additionally, the meeting will consider resolutions to authorize the board to issue additional shares, which could impact the company’s capital structure and market positioning.
Concord New Energy Group Limited has announced the closure of its Register of Members for the purpose of determining shareholders eligible for a final dividend and participation in the upcoming annual general meeting. The board has recommended a final dividend of HK$0.035 per share for the year ending December 2024, subject to approval at the AGM scheduled for May 23, 2025. The dividend, if approved, will be paid on July 4, 2025. The Register will be closed during specified periods in May and June 2025 to facilitate this process.
Concord New Energy Group Limited has announced a cash dividend of HKD 0.035 per share for the financial year ending December 31, 2024. The dividend is set to be paid on July 4, 2025, following shareholder approval on May 23, 2025. This announcement underscores the company’s commitment to providing returns to its shareholders and reflects its stable financial performance. The closure of the register of members for the final dividend and annual general meeting is scheduled from May 30 to June 3, 2025, with the record date on June 3, 2025.
Concord New Energy Group Limited announced a finance lease arrangement with Industrial Bank Financial Leasing, involving two agreements for leasing equipment and auxiliary facilities. The transaction, valued at approximately RMB457.2 million, is classified as a discloseable transaction under Hong Kong’s Listing Rules, indicating significant financial engagement and strategic asset management for the company.