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Sichuan Energy Investment Development Co., Ltd. Class H (HK:1713)
:1713
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Sichuan Energy Investment Development Co., Ltd. Class H (1713) AI Stock Analysis

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HK

Sichuan Energy Investment Development Co., Ltd. Class H

(Frankfurt:1713)

Rating:76Outperform
Price Target:
Sichuan Energy Investment Development Co., Ltd. demonstrates strong financial performance with robust revenue growth and improving profitability. The stock's upward technical trend and attractive valuation metrics, including a low P/E ratio and high dividend yield, further enhance its appeal. However, attention should be given to liquidity challenges highlighted by recent cash flow issues.

Sichuan Energy Investment Development Co., Ltd. Class H (1713) vs. iShares MSCI Hong Kong ETF (EWH)

Sichuan Energy Investment Development Co., Ltd. Class H Business Overview & Revenue Model

Company DescriptionSichuan Energy Investment Development Co., Ltd., a vertically integrated power supplier and service provider, generates, distributes, and sells electricity in Yibin City, Sichuan Province. It generates electricity through hydropower plants; and distributes electricity to household, general industrial and commercial, large industrial, state grid, and other users through its grid transmission and distribution system, as well as step-up and step-down substations. As of December 31, 2021, the company owned and operated 34 hydropower plants with a total installed capacity of 138,355 kilowatts; 2 units of 220 kilovolt (kV) substations with a capacity of 720,000 kilo-volt-ampere (kVA); 19 units of 110 kV substations with a total capacity of 942,000 kVA; and 59 units of 35 kV substations with a total capacity of 572,050 kVA. It also engages in electrical engineering construction activities; and the sale of electric equipment and materials.The company was incorporated in 2011 and is headquartered in Chengdu, the People's Republic of China.
How the Company Makes MoneySichuan Energy Investment Development Co., Ltd. generates revenue through the production and sale of electricity, primarily from its hydropower plants. The company sells electricity to grid operators and other direct consumers, benefiting from long-term power purchase agreements (PPAs) and favorable government policies supporting renewable energy. Additionally, the company may engage in partnerships or joint ventures to enhance its project portfolio, reduce operational risks, and expand its market reach. The stability of its revenue is often supported by regulatory frameworks and incentives designed to promote sustainable energy solutions.

Sichuan Energy Investment Development Co., Ltd. Class H Financial Statement Overview

Summary
Sichuan Energy Investment Development Co., Ltd. exhibits strong revenue growth and profitability improvements, demonstrating effective cost management and strategic financial planning. Despite its solid equity position, the recent cash flow challenges warrant attention to ensure long-term liquidity stability.
Income Statement
78
Positive
The company has shown consistent revenue growth over the years, with a notable increase from 2023 to 2024. Gross Profit Margin and Net Profit Margin have improved, indicating strong operational performance. However, EBIT and EBITDA margins are stable but could be enhanced further.
Balance Sheet
72
Positive
The company maintains a solid equity base with an improving Debt-to-Equity ratio, reflecting prudent financial management. The Return on Equity has also seen a positive trend, although the Equity Ratio has slightly decreased, indicating an increase in leverage.
Cash Flow
65
Positive
The cash flow position is mixed, with fluctuating Free Cash Flow over the years. The Operating Cash Flow to Net Income Ratio is concerning due to zero operating cash flow reported in the latest period, highlighting potential liquidity issues.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue4.78B4.16B3.31B3.17B3.03B
Gross Profit796.69M675.88M572.34M551.94M547.43M
EBITDA666.84M618.58M504.00M474.62M447.49M
Net Income400.02M339.00M301.44M269.56M256.03M
Balance Sheet
Total Assets7.36B6.32B5.15B4.63B4.49B
Cash, Cash Equivalents and Short-Term Investments569.90M500.26M770.09M589.98M664.80M
Total Debt698.48M627.06M304.16M304.26M371.00M
Total Liabilities3.68B2.92B1.96B1.64B1.64B
Stockholders Equity3.61B3.36B3.15B2.98B2.84B
Cash Flow
Free Cash Flow-113.43M91.61M189.44M
Operating Cash Flow602.89M622.30M561.35M415.69M476.30M
Investing Cash Flow-1.19B-541.48M-143.44M-426.64M
Financing Cash Flow220.57M304.53M153.72M-188.53M-329.20M

Sichuan Energy Investment Development Co., Ltd. Class H Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2.73
Price Trends
50DMA
2.56
Positive
100DMA
2.37
Positive
200DMA
2.17
Positive
Market Momentum
MACD
0.04
Positive
RSI
66.01
Neutral
STOCH
47.14
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1713, the sentiment is Positive. The current price of 2.73 is above the 20-day moving average (MA) of 2.65, above the 50-day MA of 2.56, and above the 200-day MA of 2.17, indicating a bullish trend. The MACD of 0.04 indicates Positive momentum. The RSI at 66.01 is Neutral, neither overbought nor oversold. The STOCH value of 47.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1713.

Sichuan Energy Investment Development Co., Ltd. Class H Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
HK$2.87B6.6111.34%5.73%12.84%16.40%
62
Neutral
£5.94B6.616.40%5.71%-1.30%-60.09%
$488.98M5.339.47%6.03%
$330.72M24.071.64%9.80%
57
Neutral
HK$3.84B13.522.06%-10.89%-24.84%
52
Neutral
HK$1.84B-3.98%1.57%-5.93%-37.74%
40
Underperform
HK$745.90M
-4.32%14.13%
* Utilities Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1713
Sichuan Energy Investment Development Co., Ltd. Class H
2.73
0.83
43.84%
CWPWF
Concord New Energy Group
0.07
0.00
0.00%
PVLTF
Beijing Energy International Holding
0.13
0.12
1200.00%
HK:1250
Shandong Hi-Speed New Energy Group Limited
1.73
0.16
10.19%
HK:1257
China Everbright Greentech Ltd.
0.89
0.23
34.85%
HK:0527
China Ruifeng Renewable Energy Holdings Ltd.
0.44
0.08
22.22%

Sichuan Energy Investment Development Co., Ltd. Class H Corporate Events

Sichuan Energy Announces Nomination Committee Changes
Apr 30, 2025

Sichuan Energy Investment Development Co., Ltd., a joint stock company incorporated in China, has announced a change in its Nomination Committee. Mr. Chen Chuan has stepped down, and Ms. He Yin has been appointed as a new member. This change aligns with upcoming amendments to the Listing Rules and Corporate Governance Code, effective from July 2025. The company believes these adjustments will enhance board effectiveness and diversity, reinforcing its commitment to strong corporate governance practices.

Sichuan Energy Investment Development Announces Board Composition and Roles
Apr 30, 2025

Sichuan Energy Investment Development Co., Ltd. has announced the composition of its board of directors and their respective roles within the company. The board is comprised of executive, non-executive, and independent non-executive directors, each serving on various committees such as the Remuneration and Evaluation Committee, Audit Committee, Nomination Committee, and Risk Control Committee. This announcement provides clarity on the governance structure and leadership roles within the company, potentially impacting its strategic direction and operational oversight.

Sichuan Energy Investment Development Co., Ltd. Announces H Shareholders Class Meeting for Governance Amendments
Apr 28, 2025

Sichuan Energy Investment Development Co., Ltd., a joint stock company incorporated in China, has announced a class meeting for holders of H Shares to discuss proposed amendments to its Articles of Association and Rules of Procedure of General Meetings. These amendments are subject to approval by special resolutions at the upcoming Annual General Meeting and subsequent Class Meetings. The meeting is scheduled to take place on June 18, 2025, in Chengdu, Sichuan Province, immediately following the company’s 2024 annual general meeting. Shareholders are encouraged to participate and vote on the proposed changes, which aim to refine the company’s governance framework.

Sichuan Energy Investment Development Co., Ltd. Announces Shareholders Meeting for Governance Amendments
Apr 28, 2025

Sichuan Energy Investment Development Co., Ltd. has announced a Domestic Shareholders Class Meeting to discuss and approve proposed amendments to its Articles of Association and the Rules of Procedure for General Meetings. These amendments are subject to approval by special resolutions at the upcoming Annual General Meeting and Class Meetings, reflecting the company’s commitment to updating its governance framework.

Sichuan Energy Investment Development Co., Ltd. Announces 2024 AGM and Key Resolutions
Apr 24, 2025

Sichuan Energy Investment Development Co., Ltd. has announced its 2024 Annual General Meeting (AGM), scheduled for June 18, 2025, in Chengdu, Sichuan Province. The AGM will address various resolutions, including the approval of reports and financial plans for 2024, the re-appointment of auditors, and proposed amendments to company procedures. These resolutions and plans are crucial for the company’s operational and strategic direction, impacting its stakeholders and positioning in the energy industry.

Sichuan Energy Investment Proposes Governance Amendments in Response to Regulatory Changes
Apr 16, 2025

Sichuan Energy Investment Development Co., Ltd. has announced proposed amendments to its Articles of Association and various procedural rules, including those for board meetings, general meetings, and the supervisory committee. These changes are in response to recent regulatory updates, including the new Company Law and changes to the Listing Rules in Hong Kong, and aim to align the company’s governance with these new standards. The amendments are subject to shareholder approval, with a detailed circular to be dispatched to shareholders ahead of the 2024 annual general meeting.

Sichuan Energy Investment Announces Construction Agreement with SEI Intelligent Logistics
Apr 16, 2025

Sichuan Energy Investment Development Co., Ltd. announced a connected transaction involving a Construction Agreement with SEI Intelligent Logistics, a related entity. The agreement, valued at RMB3,381,544.52, involves Sichuan Energy Investment Development Construction providing construction services for a project that includes building a new distribution room and installing electrical equipment. The transaction is subject to reporting and announcement requirements under the Hong Kong Listing Rules but is exempt from circular and independent shareholders’ approval due to its size. This agreement underscores the company’s strategic focus on enhancing its infrastructure capabilities and maintaining compliance with regulatory standards.

Sichuan Energy Adapts to New Electricity Pricing Model
Apr 8, 2025

Sichuan Energy Investment Development Co., Ltd. announced adjustments to its income model due to a new policy by the Sichuan Provincial Development and Reform Commission. The policy reform shifts the company’s income from a buy-sell margin model to a transmission and distribution tariff model, impacting how the company negotiates electricity pricing and its revenue structure. This change has led to delays in finalizing agreements for rural power grid asset management and usage, as the company aligns with the new regulatory framework.

Sichuan Energy Signs Subcontracting Deal for Information System Project
Mar 26, 2025

Sichuan Energy Investment Development Co., Ltd. has entered into a subcontracting agreement with Sun Technology for the construction of an information system project valued at RMB11,873,557. This project involves developing smart building systems and relocating existing systems for the Xingwen County Comprehensive Information Dispatch Center Building. The transaction is classified as a connected transaction under the Hong Kong Stock Exchange Listing Rules due to Sun Technology’s association with a controlling shareholder of the company. The agreement is subject to reporting requirements but is exempt from circular and independent shareholder approval, indicating a streamlined process for project execution.

Sichuan Energy Investment Reports Strong 2024 Financial Results
Mar 26, 2025

Sichuan Energy Investment Development Co., Ltd. announced its audited financial results for the year ending December 31, 2024, showing an increase in operating revenue to RMB 4.78 billion from RMB 4.16 billion in 2023. The company’s net profit rose to RMB 401.25 million, reflecting a robust performance despite increased operating costs and administrative expenses, indicating strong operational efficiency and potential positive implications for stakeholders.

Sichuan Energy Investment Announces Final Dividend for 2024
Mar 26, 2025

Sichuan Energy Investment Development Co., Ltd. has announced a final cash dividend of RMB 0.14 per share for the financial year ending December 31, 2024. The dividend is subject to shareholder approval on June 18, 2025, with payment scheduled for July 21, 2025. The announcement includes details on withholding tax rates for non-resident shareholders, with the company set to withhold taxes based on applicable tax treaties with the PRC. This move reflects the company’s commitment to shareholder returns and compliance with international tax regulations.

Sichuan Energy to Enhance Rural Power Supply with New Agreement
Mar 18, 2025

Sichuan Energy Investment Development Co., Ltd. has announced its intention to enter into a 2025-2027 Rural Power Grid Assets Usage Agreement with Hydropower Group, a controlling shareholder. This agreement will allow the company to use certain rural power grid projects to supply electricity to remote areas, enhancing accessibility. The transactions under this agreement are classified as continuing connected transactions under Hong Kong’s Listing Rules, requiring reporting and annual review but exempt from independent shareholders’ approval.

Sichuan Energy Investment Renews Agreements for 2024 Rural Power Grid Operations
Mar 18, 2025

Sichuan Energy Investment Development Co., Ltd. has entered into two agreements with its controlling shareholder, Hydropower Group, to manage and use rural power grid assets for the year 2024. These agreements, which are considered continuing connected transactions, involve the retrospective acknowledgment and confirmation of transaction amounts for management, maintenance, and usage fees, and are subject to certain reporting and review requirements under the Hong Kong Listing Rules.

Sichuan Energy Investment Schedules Board Meeting to Approve 2024 Results
Mar 14, 2025

Sichuan Energy Investment Development Co., Ltd. has announced a board meeting scheduled for March 26, 2025, to discuss and approve the company’s final results for the year ending December 31, 2024. The meeting will also consider the payment of a final dividend, which could impact the company’s financial distribution to stakeholders.

Sichuan Energy Sells Stake in Pingshan Jinping
Feb 27, 2025

Sichuan Energy Investment Development Co., Ltd. announced a connected transaction involving the disposal of approximately 49.0% equity interests in Pingshan Jinping. This transaction, valued at RMB12,020,572.63, involves Pingshan Electricity, a wholly-owned subsidiary of the company, selling its entire shareholding in Pingshan Jinping to Jinjiao Real Estate Development. The transaction is subject to certain reporting and announcement requirements under the Hong Kong Stock Exchange Listing Rules but is exempt from the need for circular and independent shareholders’ approval. This strategic move will result in the company no longer holding any equity interest in Pingshan Jinping, potentially impacting its investment portfolio and operational focus.

Sichuan Energy Granted Waiver for Mandatory General Offer Amid Restructuring
Feb 27, 2025

Sichuan Energy Investment Development Co., Ltd. announced that the Executive has granted a waiver for the company from the obligation to make a mandatory general offer for all shares not owned or agreed to be acquired by it, following a restructuring process. This waiver, granted on February 27, 2025, allows the company to proceed with its restructuring without the need for a general offer, potentially stabilizing its market position and providing clarity to stakeholders.

Sichuan Energy Investment Completes Strategic Restructuring
Feb 27, 2025

Sichuan Energy Investment Development Co., Ltd. announced the completion of a strategic restructuring involving its controlling shareholder. The restructuring resulted in the transfer of assets, liabilities, and operational responsibilities from Energy Investment Group and Sichuan Provincial Investment Group to Sichuan Energy Development Group. Despite the change in controlling shareholder, the ultimate control remains with SASAC of SPG, and the company’s operations continue as normal. This restructuring is expected to streamline operations and potentially enhance the company’s market positioning.

Sichuan Energy Investment Proposes Reallocation of IPO Proceeds to Boost Working Capital
Feb 19, 2025

Sichuan Energy Investment Development Co., Ltd. has proposed a change in the allocation of its net proceeds from a previous global offering. The decision comes as the company adopts a more cautious approach to acquiring power-related assets, resulting in the reallocation of approximately RMB37 million to replenish working capital. This move aims to enhance financial efficiency and operational capabilities without adversely affecting existing operations, aligning with the company’s long-term interests and benefiting shareholders.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Apr 07, 2025