Concord New Energy Group (0182) AI Stock Analysis

• Market Cap: HK$3.26B
• Dividend Yield: 8.33%
• Average Volume (3M): 13.72M
• Price to Earnings (P/E): 5.3
• Beta (1Y): 0.35
• Revenue Growth: -16.17%
• EPS Growth: -31.65%
• Country: HK
• Employees: 814
• Sector: Utilities
• Sector Strength: 85
• Industry: Renewable Utilities
• EPS (TTM): 0.04
• Shares Outstanding: 7,877,679,000
• 10 Day Avg. Volume: 13,848,040
• 30 Day Avg. Volume: 13,715,975
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$0.47
• Price Target Upside: 12.14% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 66 Neutral
• Price Target: HK$0.50 ▲(19.05% Upside)

Concord New Energy Group's overall stock score is primarily driven by its strong financial performance and attractive valuation. However, bearish technical indicators suggest potential near-term price weakness.

Concord New Energy Group Business Overview & Revenue Model

Company Description

Concord New Energy Group Limited, an investment holding company, engages in the generation of power in the People's Republic of China and internationally. The company operates through Power Generation, Intelligent Operation and Maintenance, and Others segments. It is involved in the investment, engineering, procurement, construction, operation, and maintenance of wind and solar power plants; and provision of design, technical, and consultancy services. The company also engages in the sale of solar and new energy equipment; design, research, and exploitation of power systems; leasing of equipment; and investment and operation of solar and wind power plants. In addition, it provides finance lease services and energy internet services. The company sells its electric power to external power grid companies. As of December 31, 2021, it had 70 grid-connected wind and photovoltaic power plants with a total installed capacity of approximately 3,708 megawatts, which include 54 wind power plants with an installed capacity of 3,313 megawatts, as well as 16 photovoltaic power plants with an installed capacity of 394 megawatts. The company was formerly known as China Windpower Group Limited and changed its name to Concord New Energy Group Limited in March 2015. The company was founded in 2006 and is based in Admiralty, Hong Kong.

How the Company Makes Money

Concord New Energy Group primarily generates revenue through the sale of electricity produced from its wind and solar power plants. The company benefits from long-term power purchase agreements (PPAs) with state-owned utilities and other electricity distributors, ensuring stable and predictable cash flows. Additional income is derived from providing engineering, procurement, and construction (EPC) services for renewable energy projects, as well as offering maintenance and operational services for power plants. Strategic partnerships with equipment manufacturers and technology providers also enhance their capabilities and contribute to revenue growth.

Concord New Energy Group Financial Statement Overview

Summary

Strong revenue growth and profitability are evident, but challenges include a decline in net income and negative free cash flow. The balance sheet shows moderate leverage, providing some stability, but careful management of capital expenditures is necessary.

Income Statement

The income statement reflects strong profitability with a gross profit margin consistently above 50%, and a net profit margin of 29.2% in the latest year. Revenue growth is healthy, with a notable increase of 22.5% from the previous year. However, net income declined by 16.5%, indicating some challenges in cost management or increased expenses.

Balance Sheet

The balance sheet shows a stable equity position with a debt-to-equity ratio of 1.91, suggesting moderate leverage. The equity ratio stands at 27.1%, indicating a sound capital structure. Return on equity is strong at 9.2%, reflecting efficient use of equity to generate earnings.

Cash Flow

Cash flow from operations remains robust, but free cash flow is negative, primarily due to significant capital expenditures. The operating cash flow to net income ratio of 2.72 shows strong cash conversion, yet the free cash flow to net income ratio is negative, highlighting potential liquidity and investment challenges.

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

• Technical Analysis Sentiment: Negative
• Last Price: 0.42
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0182, the sentiment is Negative. The current price of 0.42 is below the 20-day moving average (MA) of 0.43, below the 50-day MA of 0.46, and below the 200-day MA of 0.46, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 36.54 is Neutral, neither overbought nor oversold. The STOCH value of 72.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0182.

Concord New Energy Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0182	66 Neutral	HK$3.26B	5.26	6.80%	8.33%	-16.17%	-31.65%
Sector *	63 Neutral	HK$30.27B	9.29	5.05%	4.67%	-3.36%	1.31%
PVLTF	―	$386.78M	30.91	1.64%	26.95%	―	―
SMTLF	―	$88.11M	―	-22.62%	―	―	―
84H	―	€335.49M	6.40	11.34%	―	―	―
1250	57 Neutral	HK$5.50B	19.37	2.06%	―	-10.89%	-24.84%
0527	40 Underperform	HK$677.31M	―		―	-4.32%	12.80%

Concord New Energy Group Corporate Events

Concord New Energy Reports Decline in Interim Profits for 2025

Concord New Energy Group Limited announced its unaudited interim results for the first half of 2025, revealing a decline in revenue and profit compared to the same period in 2024. The company’s revenue decreased from RMB 1,498,857,000 in 2024 to RMB 1,400,319,000 in 2025, while profit for the period dropped from RMB 547,458,000 to RMB 292,039,000. The decline in profit was attributed to increased cost of sales and services, as well as higher finance costs. Despite the decrease in financial performance, the company continues to focus on its core business in renewable energy, maintaining its position in the industry.

Concord New Energy Terminates Major Disposal Agreements

Concord New Energy Group Limited announced the termination of its disposal agreements for Yilan Century Concord, Taiming Company, and Qinghai Shunting due to unfulfilled conditions and the inability to agree on an extension. The company stated that while the intended disposal gains and cash recovery have not been realized, the termination does not adversely affect its current business operations or financial position.

Concord New Energy Issues Profit Warning Amid Operational Challenges

Concord New Energy Group Limited has issued a profit warning for the first half of 2025, anticipating a significant drop in profits compared to the previous year. The decline is attributed to increased curtailment rates in wind and solar power and a decrease in electricity prices, alongside the absence of a non-recurring tax benefit that was present in the previous year. This announcement may impact investor confidence and the company’s market positioning as it highlights operational challenges in the renewable energy sector.

Concord New Energy Schedules Board Meeting to Review Interim Results

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 Announces Change in Share Registrar

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 Secures Unanimous Shareholder Approval for Finance Leases

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 Reports Surge in June 2025 Power Generation

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 Announces RMB500 Million Finance Lease Arrangements

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 Announces Special General Meeting to Approve Key Agreements

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 Reports Increased May 2025 Power Output

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 Announces Major Finance Lease Transactions

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 Passes Key Resolutions at AGM

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 Reports Shift in Power Generation Output for April 2025

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.