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China Datang Corp. Renewable Power Co. Ltd. Class H
(1798)
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Rating:52Neutral
Price Target:
HK$1.50
â–¼(-26.83% Downside)
Action:Reiterated
Date:05/04/26
The score is held back primarily by deteriorating profitability and a materially more leveraged balance sheet, alongside bearish technicals. These risks are partially offset by a low P/E and strong dividend yield, plus improved (but still historically volatile) cash generation in 2025.
Positive Factors
Improved cash generation
A rebound to positive free cash flow and higher operating cash flow in 2025 materially strengthens the firm's ability to fund maintenance and growth capex, service debt, and support dividends without immediate external financing. This enhances medium-term financial flexibility if the improvement persists.
Negative Factors
Significantly higher leverage
A sharp rise in leverage meaningfully reduces financial flexibility for a capital-intensive utility. High debt amplifies refinancing and interest-rate risks, constrains room for new projects or M&A, and increases vulnerability to policy or generation shortfalls that could impair cash flow coverage over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved cash generation
A rebound to positive free cash flow and higher operating cash flow in 2025 materially strengthens the firm's ability to fund maintenance and growth capex, service debt, and support dividends without immediate external financing. This enhances medium-term financial flexibility if the improvement persists.
Read all positive factors
China Datang Corp. Renewable Power Co. Ltd. Class H (1798) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$9.02B
Dividend Yield6.26%
Average Volume (3M)26.65M
Price to Earnings (P/E)6.6
Beta (1Y)0.66
Revenue Growth-0.05%
EPS Growth-37.87%
CountryHK
Employees4,129
SectorUtilities
Sector Strength65
IndustryRenewable Utilities
Share Statistics
EPS (TTM)0.16
Shares Outstanding2,501,071,000
10 Day Avg. Volume21,926,174
30 Day Avg. Volume26,648,335
Financial Highlights & Ratios
PEG Ratio-0.31
Price to Book (P/B)0.69
Price to Sales (P/S)1.07
P/FCF Ratio6.63
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$1.95Price Target Upside-4.88% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.15
Revenue Forecast (FY)HK$12.18B
China Datang Corp. Renewable Power Co. Ltd. Class H Business Overview & Revenue Model
Company Description
China Datang Corporation Renewable Power Co., Limited plays a significant role in the clean energy landscape of the People's Republic of China. Its primary business revolves around the production and distribution of electricity generated from rene...
How the Company Makes Money
The company primarily makes money by producing electricity from its renewable energy power plants and selling that electricity to grid companies and/or power purchasers under applicable power sales arrangements. Revenue is therefore driven by: (1)...
China Datang Corp. Renewable Power Co. Ltd. Class H Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
36
Negative
Cash Flow
49
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 12.58B | 12.58B | 12.80B | 12.50B | 11.87B |
| Gross Profit | 12.14B | 12.18B | 12.48B | 12.11B | 11.20B |
| EBITDA | 9.89B | 9.85B | 10.64B | 11.26B | 9.24B |
| Net Income | 1.60B | 2.38B | 2.75B | 3.49B | 2.03B |
Balance Sheet | |||||
| Total Assets | 115.23B | 115.54B | 101.55B | 97.55B | 99.10B |
| Cash, Cash Equivalents and Short-Term Investments | 2.53B | 1.94B | 3.07B | 2.44B | 3.14B |
| Total Debt | 83.67B | 68.40B | 57.35B | 54.69B | 57.96B |
| Total Liabilities | 91.84B | 77.97B | 65.59B | 63.28B | 67.96B |
| Stockholders Equity | 19.53B | 33.22B | 32.04B | 30.19B | 27.41B |
Cash Flow | |||||
| Free Cash Flow | 2.03B | -7.39B | 624.61M | 6.26B | -2.21B |
| Operating Cash Flow | 9.24B | 6.29B | 7.14B | 13.23B | 6.00B |
| Investing Cash Flow | -7.34B | -13.67B | -6.52B | -6.85B | -8.20B |
| Financing Cash Flow | -1.43B | 6.27B | -5.61M | -7.07B | 2.26B |
China Datang Corp. Renewable Power Co. Ltd. Class H Technical Analysis
Negative
2.05
Price Trends
1.47
Negative
1.59
Negative
1.91
Negative
Market Momentum
-0.07
Negative
37.62
Neutral
48.89
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1798, the sentiment is Negative. The current price of 2.05 is above the 20-day moving average (MA) of 1.25, above the 50-day MA of 1.47, and above the 200-day MA of 1.91, indicating a bearish trend. The MACD of -0.07 indicates Negative momentum. The RSI at 37.62 is Neutral, neither overbought nor oversold. The STOCH value of 48.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1798.
China Datang Corp. Renewable Power Co. Ltd. Class H Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | HK$7.84B | 7.03 | 7.71% | 4.83% | 9.03% | 35.92% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
61 Neutral | HK$15.17B | 4.42 | 8.35% | 6.71% | 1.51% | -9.44% | |
58 Neutral | HK$112.93B | 9.31 | 5.62% | 5.33% | -13.95% | -25.30% | |
57 Neutral | HK$2.79B | -1,036.80 | 6.80% | 10.94% | -7.61% | -82.95% | |
52 Neutral | HK$9.02B | 6.59 | 5.97% | 6.26% | -0.05% | -37.87% | |
40 Underperform | HK$1.40B | -0.79 | -35.49% | ― | -4.27% | -174.28% |
* Utilities Sector Average
HK:1798
China Datang Corp. Renewable Power Co. Ltd. Class H
1.24
-1.02
-45.01%
HK:0916
China Longyuan Power Group
5.45
-1.23
-18.45%
HK:0182
Concord New Energy Group
0.36
-0.12
-25.16%
HK:0451
GCL New Energy Holdings
0.79
0.33
71.74%
HK:3868
Xinyi Energy Holdings Limited
0.92
-0.30
-24.78%
HK:0579
Beijing Jingneng Clean Energy Co., Ltd. Class H
1.84
-0.38
-17.08%
China Datang Corp. Renewable Power Co. Ltd. Class H Corporate Events
China Datang Renewable Power Raises RMB1 Billion via Ultra-Short-Term Debentures
Jul 17, 2026
China Datang Corporation Renewable Power has completed the issuance of its 2026 fifth tranche of ultra-short-term debentures, raising RMB1.0 billion in the PRC inter-bank bond market. The debentures carry a 120-day maturity, a nominal value of RMB...
China Datang Renewable Power Sets July 2026 Interest Payment on RMB1 Billion Mid-Term Notes
Jul 17, 2026
China Datang Corporation Renewable Power Co., Limited has announced the upcoming interest payment on its first tranche of 2024 mid-term notes, a renminbi-denominated bond issued in the mainland market. The RMB1 billion notes, carrying a 2.08% inte...
China Datang Renewable Power Raises RMB1 Billion via Ultra-Short-Term Debentures
Jul 16, 2026
China Datang Corporation Renewable Power Co., Limited has completed the issuance of its 2026 fourth tranche of ultra-short-term debentures, raising RMB1.0 billion in the PRC inter-bank bond market. The notes carry a 120-day maturity to 12 November...
China Datang Renewable Power Raises RMB1 Billion via New Bond Tranche
Jul 16, 2026
China Datang Corporation Renewable Power has completed the public issuance of its fifth tranche of renewable corporate bonds in 2026, raising RMB1.0 billion. The bonds carry a basic term of three years, a nominal value of RMB100 each, and an issui...
China Datang Renewable Power Sees June Output Drop as Wind Weakens, Solar Grows
Jul 15, 2026
China Datang Corp. Renewable Power reported that its consolidated power generation for June 2026 fell 16.86% year on year to 2,034,802 MWh, with wind output down 18.93% and photovoltaic generation down 9.58%. For the first half of 2026, total gene...
China Datang Sets Repayment Plan for RMB1.2 Billion Mid-Term Notes Due 2026
Jul 10, 2026
China Datang Corporation Renewable Power Co., Limited has detailed the payment arrangements for its Third Tranche of 2023 Mid-term Notes, known as 23 Datang Xinneng MTN003, issued in an aggregate principal amount of RMB1.2 billion at an interest r...
China Datang Renewable Power Sets 2026 Interest Payment on RMB1 Billion Mid-Term Notes
Jul 2, 2026
China Datang Corporation Renewable Power Co. Ltd. has announced the upcoming payment of interest on its third tranche of 2025 mid-term notes, a RMB1 billion bond issue in China’s interbank market. The notes carry a 2.01% coupon, with interes...
China Datang Renewable Power Wins Strong Shareholder Backing at 2025 AGM
Jun 25, 2026
China Datang Corp. Renewable Power Co. Ltd. held its 2025 annual general meeting in Beijing, where shareholders representing about 78% of the issued share capital participated, indicating strong investor engagement. All resolutions put to a poll, ...
China Datang Renewable Power Updates 2025 Final Dividend and Tax Terms
Jun 25, 2026
China Datang Corporation Renewable Power has updated its final dividend details for the year ended 31 December 2025, declaring a payout of RMB 0.03 per share, equivalent to HKD 0.035 per share based on an exchange rate of RMB 1 to HKD 1.15. The di...
China Datang Renewable Power Raises RMB1 Billion via Three-Year Bond Issue
Jun 22, 2026
China Datang Corporation Renewable Power has completed the fourth tranche of its 2026 renewable corporate bonds, raising RMB1.0 billion from professional institutional investors in the mainland market. The bonds carry a three-year basic term, a no...
China Datang Renewable Power to Fully Redeem RMB1.2 Billion 2023 Mid-Term Notes in 2026
Jun 18, 2026
China Datang Corporation Renewable Power Co., Limited will exercise the issuer redemption option on the third tranche of its 2023 mid-term notes, fully redeeming the RMB1.2 billion bonds on 18 July 2026 at par. The notes, bearing a 3.17% interest ...
China Datang Renewable to Redeem and Delist 2023 RMB1.9 Billion Bond
Jun 18, 2026
China Datang Corporation Renewable Power Co., Limited will settle the final-year interest and repay the principal on its third-tranche renewable corporate bonds issued in 2023 to professional investors. The bonds, totaling RMB1.9 billion with a 3....
China Datang Renewable Power Sees Lower Wind Output but Rising Solar Generation in Early 2026
Jun 18, 2026
China Datang Corporation Renewable Power reported consolidated power generation of 2,758,688 MWh for May 2026, a 9.41% decline year on year, with wind output down 9.96% to 2,304,136 MWh and photovoltaic generation down 6.53% to 454,552 MWh. The fi...
China Datang Renewable Power Raises RMB1 Billion via New Bond Tranche
Jun 8, 2026
China Datang Corporation Renewable Power Co., Limited has completed a third tranche public issuance of renewable corporate bonds in mainland China, raising RMB1.0 billion. The bonds carry a three-year basic term, a nominal value of RMB100 and an i...
China Datang Renewable Power Sets 2025 AGM to Approve Results, Dividend and 2026 Financing Plan
Jun 3, 2026
China Datang Corporation Renewable Power Co., Limited has convened its 2025 annual general meeting for 25 June 2026 in Beijing, where shareholders will review the board’s work report, the independent auditor’s report and the audited an...
China Datang Renewable Power Updates 2025 Final Dividend Timetable and Tax Details
Jun 3, 2026
China Datang Corporation Renewable Power Co., Limited has declared a final ordinary dividend of RMB 0.03 per share for the year ended 31 December 2025, with shareholder approval scheduled for 25 June 2026. The dividend, to be paid in Hong Kong dol...
China Datang Renewable Sets 2026 Interest Payment for RMB1 Billion Mid-Term Notes
Jun 1, 2026
China Datang Corporation Renewable Power Co., Limited has announced details of the 2026 interest payment on its second tranche of 2025 mid-term notes, a three-year RMB1 billion bond issue in China’s interbank market bearing a 1.79% interest ...
China Datang Renewable Power Output Falls as Wind Slumps, Solar Rises
May 18, 2026
China Datang Corp. Renewable Power reported that its consolidated power generation for April 2026 fell 12.02% year on year to 2,932,566 MWh, as a 15.46% decline in wind power output outweighed a 15.62% increase in photovoltaic generation. For the ...
China Datang Renewable to Redeem 2023 Bond Tranche in Full in 2026
May 13, 2026
China Datang Corporation Renewable Power has confirmed it will not exercise the renewal option on its 2023 renewable corporate bonds, third tranche, issued to professional investors on the Shanghai Stock Exchange. The RMB1.9 billion bonds, carryin...
China Datang Renewable Sets 2026 Interest Payment for Onshore Bonds
Apr 30, 2026
China Datang Corporation Renewable Power has announced the payment schedule for the 2026 interest on its public renewable corporate bonds, issued under the code 242986 and known as 25 Tang Xin Y2. The bonds carry a 2.05% annual coupon, with intere...
China Datang Renewable Power Posts Unaudited Q1 2026 Management Accounts
Apr 29, 2026
China Datang Corporation Renewable Power has released unaudited first-quarter 2026 management accounts, prepared under Chinese Accounting Standards, to comply with disclosure requirements tied to its onshore debt instruments. The figures, publishe...
China Datang Renewable Power Raises RMB2 Billion via Ultra-Short-Term Debentures
Apr 22, 2026
China Datang Corporation Renewable Power has completed the issuance of its 2026 third tranche of ultra-short-term debentures, raising RMB2.0 billion in the mainland interbank bond market. The notes, which carry a 1.38% interest rate and mature in ...
China Datang Renewable Power Sets Board Meeting to Approve Q1 2026 Results
Apr 17, 2026
China Datang Corporation Renewable Power Co., Limited, a Hong Kong-listed Chinese renewable energy producer, plans and operates power generation assets through various subsidiaries, under a board that includes executive, non-executive and independ...
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.