Concord New Energy Group (0182) AI Stock Analysis

• Market Cap: $2.95B
• Dividend Yield: 9.09%
• Average Volume (3M): 13.59M
• Price to Earnings (P/E): 4.8
• Beta (1Y): 0.37
• Revenue Growth: -16.17%
• EPS Growth: -31.65%
• Country: HK
• Employees: 814
• Sector: Utilities
• Sector Strength: 65
• Industry: Renewable Utilities
• EPS (TTM): 0.04
• Shares Outstanding: 7,877,679,000
• 10 Day Avg. Volume: 16,815,794
• 30 Day Avg. Volume: 13,589,674
• PEG Ratio: 0.00
• Price to Book (P/B): 0.44
• Price to Sales (P/S): 1.57
• P/FCF Ratio: -1.66
• Enterprise Value/Market Cap: 8.13
• Enterprise Value/Revenue: 14.10
• Enterprise Value/Gross Profit: 24.00
• Enterprise Value/Ebitda: 19.57
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Outperform
• Price Target: HK$0.50 ▲(31.58% Upside)

Concord New Energy Group's stock score is driven by its strong financial performance and attractive valuation. The company shows solid revenue growth and profitability, though operational challenges are highlighted by declining net income and negative free cash flow. The technical analysis presents mixed signals, with neutral momentum indicators. The stock's low P/E ratio and high dividend yield enhance its attractiveness, suggesting it may be undervalued.

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 generates revenue primarily through the production and sale of electricity from its renewable energy assets. These revenues are derived from long-term power purchase agreements (PPAs) with utility companies and commercial entities, which provide stable cash flows. Additionally, the company may earn income from government incentives and subsidies aimed at promoting renewable energy. Furthermore, by expanding its portfolio through strategic partnerships and joint ventures, Concord New Energy can leverage shared resources and expertise, enhancing its operational efficiency and revenue potential. The company's focus on innovative energy solutions, such as energy storage and grid management, also positions it to capitalize on emerging market trends in the energy sector.

Concord New Energy Group Financial Statement Overview

Summary

Concord New Energy Group shows strong revenue growth and profitability, with a gross profit margin above 50% and a net profit margin of 29.2%. However, the decline in net income by 16.5% and negative free cash flow due to high capital expenditures indicate potential operational challenges.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.70B	2.45B	2.25B	2.68B	2.20B	2.00B
Gross Profit	998.27M	1.21B	1.06B	1.59B	1.31B	1.24B
EBITDA	1.22B	1.83B	1.67B	2.25B	1.87B	1.70B
Net Income	444.73M	805.13M	963.77M	871.82M	787.53M	673.40M
Balance Sheet
Total Assets	33.21B	32.13B	31.24B	27.17B	24.04B	19.53B
Cash, Cash Equivalents and Short-Term Investments	2.07B	1.75B	2.60B	3.61B	3.52B	2.28B
Total Debt	20.42B	16.65B	16.69B	14.05B	11.59B	9.63B
Total Liabilities	24.31B	23.22B	22.80B	19.08B	16.48B	13.03B
Stockholders Equity	8.71B	8.71B	8.28B	7.83B	7.40B	6.42B
Cash Flow
Free Cash Flow	-465.39M	-2.31B	-2.61B	-1.96B	-1.84B	-466.16M
Operating Cash Flow	1.19B	2.19B	1.58B	2.40B	1.29B	965.16M
Investing Cash Flow	-1.31B	-3.42B	-4.59B	-3.77B	-1.95B	-143.54M
Financing Cash Flow	-66.10M	525.04M	1.97B	1.28B	1.89B	-15.15M

Concord New Energy Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.38
• 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 0.38 is below the 20-day moving average (MA) of 0.39, below the 50-day MA of 0.39, and below the 200-day MA of 0.43, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.51 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 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
1713	72 Outperform	HK$2.78B	6.32	12.10%	5.91%	9.12%	16.90%
0182	70 Outperform	$2.95B	4.76	6.80%	9.09%	-16.17%	-31.65%
0686	68 Neutral	HK$2.64B	10.84	4.37%	8.33%	24.56%	―
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
1250	57 Neutral	HK$3.64B	11.46	―	―	―	―
0527	48 Neutral	HK$1.10B	-7.61	―	―	5.48%	-11.10%
0451	40 Underperform	$1.18B	-1.71	-35.49%	―	39.42%	56.89%

Concord New Energy Group Corporate Events

Concord New Energy Announces Major Solar Project in USA

Concord New Energy Group Limited has announced a major transaction involving a wholly-owned subsidiary and a contractor, NoBull Energy, for the development of a solar power project in the USA. The project, valued at approximately US$113.53 million, will include the construction of a 147MW AC solar-powered electric generating facility and a 361MWh battery energy storage system. This agreement is classified as a major transaction under the Listing Rules, necessitating shareholder approval. The project is expected to be completed by the end of July 2027, potentially enhancing the company’s position in the renewable energy market.

The most recent analyst rating on (HK:0182) stock is a Buy with a HK$0.50 price target. To see the full list of analyst forecasts on Concord New Energy Group stock, see the HK:0182 Stock Forecast page.

Concord New Energy Reports Shift in Power Generation Output for September 2025

Concord New Energy Group Limited announced its power generation output for September 2025, revealing a decline in wind power output by 17.10% compared to September 2024, while solar power output increased by 20.48%. Overall, the total power generation output for the group decreased by 12.56% for September 2025 compared to the previous year, indicating a shift in energy production dynamics with potential implications for the company’s operational focus and market strategy.

The most recent analyst rating on (HK:0182) stock is a Buy with a HK$0.50 price target. To see the full list of analyst forecasts on Concord New Energy Group stock, see the HK:0182 Stock Forecast page.

Concord New Energy Group Announces Major Equipment Purchase for Solar Project

Concord New Energy Group Limited has announced a discloseable transaction involving the purchase of electrical equipment from CHINT Electric for US$31.66 million. This acquisition is part of a broader strategy to support their Solar and Storage Project, with the equipment expected to be delivered by December 2027. The transaction, which falls under Chapter 14 of the Listing Rules, will be financed through internal resources and borrowings, and is expected to enhance the company’s operational capabilities in the renewable energy sector.

The most recent analyst rating on (HK:0182) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Concord New Energy Group stock, see the HK:0182 Stock Forecast page.

Concord New Energy Group Secures Major Solar Module Purchase

Concord New Energy Group Limited announced that its subsidiary has entered into two supply agreements with LONGi for the purchase of solar photovoltaic modules, totaling approximately US$117.95 million. This major transaction, which exceeds 25% of the applicable percentage ratio, requires shareholder approval and will be discussed in a special general meeting. The purchase aims to enhance the company’s solar energy projects with a combined power output capacity of 445MW, potentially strengthening its position in the renewable energy sector.

The most recent analyst rating on (HK:0182) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Concord New Energy Group stock, see the HK:0182 Stock Forecast page.

Concord New Energy Boosts Cash Flow with Increased Renewable Subsidies

Concord New Energy Group Limited has announced a significant increase in renewable energy subsidy payments for its wholly-owned subsidiaries and joint ventures. The subsidiaries received approximately RMB260 million, marking a 200% increase from the previous year, while the joint ventures received approximately RMB600 million, a 318% increase. These subsidies have improved the company’s cash flow and reduced accounts receivable, enhancing its financial stability and operational efficiency.

The most recent analyst rating on (HK:0182) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Concord New Energy Group stock, see the HK:0182 Stock Forecast page.

Concord New Energy Reports Increased Power Generation in August 2025

Concord New Energy Group Limited reported a total power generation output of 507.64 GWh for August 2025, marking a 6.07% increase compared to the same month in 2024. The company saw a notable growth in solar energy output by 32.26%, while wind energy output slightly decreased by 0.27%. This increase in solar energy output reflects the company’s strategic focus on expanding its renewable energy capabilities, potentially strengthening its position in the renewable energy market.

The most recent analyst rating on (HK:0182) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Concord New Energy Group stock, see the HK:0182 Stock Forecast page.

Concord New Energy Reports Mixed Power Generation Results for July 2025

Concord New Energy Group Limited announced its power generation output for July 2025, revealing a mixed performance in its renewable energy operations. While wind power generation saw a decline of 6.85% compared to July 2024, solar power generation increased significantly by 53.05%, resulting in an overall growth of 1.81% in total power generation. This shift indicates a stronger focus and potential growth in solar energy, which may impact the company’s strategic direction and stakeholder interests.

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.