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China Everbright Greentech Ltd.
(1257)
China Everbright Greentech Ltd. (1257) vs. iShares MSCI Hong Kong ETF (EWH)
China Everbright Greentech Ltd. Business Overview & Revenue Model
China Everbright Greentech Ltd. Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 6.98B | 7.59B | 8.05B | 8.45B | 9.84B | Gross Profit |
| 1.46B | 1.72B | 1.68B | 2.35B | 3.01B | EBIT |
| 978.02M | 1.11B | 1.38B | 1.99B | 2.69B | EBITDA |
| 998.59M | 1.45B | 2.19B | 2.78B | 3.08B | Net Income Common Stockholders |
| -415.38M | -301.71M | 356.15M | 1.11B | 1.50B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 1.66B | 2.33B | 1.93B | 2.48B | 2.51B | Total Assets |
| 36.33B | 39.76B | 39.16B | 40.54B | 35.26B | Total Debt |
| 21.03B | 23.17B | 20.76B | 20.58B | 16.94B | Net Debt |
| 19.39B | 20.86B | 18.86B | 18.09B | 14.44B | Total Liabilities |
| 24.67B | 27.40B | 25.62B | 26.39B | 22.40B | Stockholders Equity |
| 11.51B | 12.08B | 13.19B | 13.76B | 12.52B |
| Cash Flow | Free Cash Flow | |||
| 873.17M | -1.49B | -1.97B | -2.39B | -4.05B | Operating Cash Flow |
| 1.47B | -125.60M | -419.78M | 426.69M | -887.85M | Investing Cash Flow |
| -563.69M | -1.38B | -1.59B | -2.80B | -3.26B | Financing Cash Flow |
| -1.55B | 1.97B | 1.62B | 2.27B | 3.81B |
China Everbright Greentech Ltd. Technical Analysis
China Everbright Greentech Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $39.96B | 10.95 | 8.59% | 4.54% | 20.21% | 23.24% | |
74 Outperform | €9.69B | 8.96 | 7.85% | 6.90% | -9.43% | 4.26% | |
73 Outperform | $1.77B | 0.42 | 49.31% | ― | -3.99% | ― | |
64 Neutral | $8.54B | 10.30 | 4.69% | 4.37% | 4.14% | -13.04% | |
47 Neutral | HK$1.63B | ― | -3.98% | 1.77% | -5.93% | -37.74% |
China Everbright Greentech Ltd. Corporate Events
China Everbright Greentech Limited has successfully completed the issuance of its 2025 Second Tranche Green Medium-Term Notes in the PRC, amounting to RMB1.0 billion. This issuance is part of a larger RMB8.0 billion debt financing initiative approved by the National Association of Financial Market Institutional Investors. The notes have a maturity period of 3+2 years with a fixed interest rate of 1.98% per annum for the first three years, after which the company may adjust the rate. This strategic financial move is expected to bolster the company’s funding for sustainable projects, enhancing its position in the green finance sector.
China Everbright Greentech Ltd. has entered into a new sub-tenancy agreement for its Hong Kong office, which will be effective from May 18, 2025, to May 17, 2027. The agreement, classified as a connected transaction under Hong Kong’s Listing Rules, involves a right-of-use asset valued at HK$4,111,560. This move is part of the company’s strategic operations, ensuring continuity in its office premises and compliance with regulatory requirements.
China Everbright Greentech Limited announced the successful passing of all resolutions at its annual general meeting held on May 8, 2025. The resolutions included the re-election of directors, authorization of the board to fix directors’ remuneration, reappointment of KPMG as auditors, and granting mandates for share issuance and buybacks. This outcome reflects strong shareholder support and positions the company for continued strategic actions in its industry.
China Everbright Greentech Ltd. announced that all resolutions proposed at its extraordinary general meeting on May 8, 2025, were passed by independent shareholders. The resolutions included the approval of the New 2025 Electricity Sales Framework Agreement and the Supplemental 2022 Deposit Services Master Agreement, which are expected to impact the company’s operations positively by securing future sales and service agreements.
China Everbright Greentech Limited has announced an extraordinary general meeting to approve the New 2025 Electricity Sales Framework Agreement and its associated transactions and annual caps for the years 2025 to 2027. Additionally, the company seeks approval for the Ratification and the Supplemental 2022 Deposit Services Master Agreement, indicating a strategic move to strengthen its financial and operational frameworks.
China Everbright Greentech Ltd. announced that it exceeded its annual cap for the 2022 Deposit Services Master Agreement due to early loan repayments to CE Bank. The company attributed this breach to personnel changes and insufficient communication within its finance department. In response, the company has implemented additional measures, including training for its directors and finance team, to ensure future compliance with the Listing Rules and prevent similar incidents.
China Everbright Greentech Ltd. announced a revision of the existing annual cap for its continuing connected transactions under the Underwriting and Advisory Services Master Agreement with CE Group. The revision, made through a supplemental agreement, does not alter other terms and conditions of the original agreement. This change is subject to reporting and annual review requirements but is exempt from circular and independent shareholders’ approval under Hong Kong’s Listing Rules, indicating a strategic move to align with regulatory compliance while maintaining operational continuity.
China Everbright Greentech Limited has announced its upcoming annual general meeting scheduled for May 8, 2025, in Hong Kong. Key agenda items include the review of the company’s financial statements for 2024, the re-election of directors, and the reappointment of KPMG as auditors. Additionally, the meeting will consider resolutions to authorize the board to issue new shares, potentially impacting the company’s capital structure and market activities.
China Everbright Greentech Limited announced a change in its company secretary and alternate authorised representative roles, effective April 22, 2025. Ms. CHOW Wing Man will resign, and Ms. KWONG Anita Wai Ni, with extensive experience in corporate governance and ESG qualifications, will assume these positions. This change reflects the company’s commitment to strengthening its corporate governance framework.
China Everbright Greentech Ltd. has entered into a New 2025 Electricity Sales Framework Agreement with CEWL, replacing the existing agreement. This new agreement, effective from 2025 to 2027, involves EB Greentech (Jiangsu) supplying electricity to CEWL Group through Power Grid Companies. The transaction is considered a continuing connected transaction under the Listing Rules, requiring independent shareholder approval due to its scale. An Extraordinary General Meeting will be convened to seek this approval, with an Independent Board Committee and an Independent Financial Adviser appointed to guide the process.
China Everbright Greentech Limited reported a challenging financial year for 2024, with a 6% decline in revenue to HK$6.98 billion and a 32% drop in EBITDA to HK$994 million. The company’s loss attributable to equity shareholders increased by 38% to HK$415 million, and no final dividend was declared. These results reflect the company’s ongoing struggles in managing costs and impairments, impacting its financial stability and potentially affecting stakeholder confidence.