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CGN Power Co (HK:1816)
:1816

CGN Power Co (1816) AI Stock Analysis

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HK

CGN Power Co

(OTC:1816)

Rating:73Outperform
Price Target:
CGN Power Co scores well in financial performance due to its consistent revenue growth, solid profitability, and effective cash flow management. The valuation is reasonable with a fair P/E ratio and attractive dividend yield. However, technical analysis indicates neutral momentum, which slightly dampens the overall score.

CGN Power Co (1816) vs. iShares MSCI Hong Kong ETF (EWH)

CGN Power Co Business Overview & Revenue Model

Company DescriptionCGN Power Co., Ltd. generates and sells nuclear power in the People's Republic of China. The company is also involved in the construction activities. As of December 31, 2021, it operated and managed 25 nuclear power generating units with a total installed capacity of 28,261 megawatts. The company was incorporated in 2014 and is headquartered in Shenzhen, the People's Republic of China. CGN Power Co., Ltd. is a subsidiary of China General Nuclear Power Corporation.
How the Company Makes MoneyCGN Power Co. makes money primarily through the generation and sale of electricity produced by its nuclear power plants. The company owns and operates several nuclear power stations in China, which supply electricity to the national grid. Its revenue streams are largely based on long-term power purchase agreements with state-owned grid operators, ensuring a stable income. Additionally, CGN Power may benefit from government policies promoting clean energy, as well as potential international partnerships aimed at expanding its nuclear energy solutions outside China.

CGN Power Co Financial Statement Overview

Summary
CGN Power Co presents a strong financial position with consistent revenue growth of 5.15% and solid profitability. It has effective cash flow management with a robust operating cash flow to net income ratio. Despite moderate leverage, the company maintains a healthy capital structure.
Income Statement
85
Very Positive
CGN Power Co shows a robust financial performance with steady revenue growth from 2023 to 2024 at 5.15%. The gross profit margin remains solid at approximately 34%, and the net profit margin is stable at around 12.5%. The EBIT and EBITDA margins are strong, indicating efficient operations and profitability. Overall, the income statement reflects a healthy trajectory with consistent profitability and growth.
Balance Sheet
78
Positive
The company maintains a stable balance sheet with a debt-to-equity ratio of 1.67, reflecting moderate leverage. Return on equity (ROE) is around 9%, indicating decent profitability relative to shareholders' equity. The equity ratio stands at 28%, suggesting a balanced capital structure. While the company is well-capitalized, there is potential risk from high leverage which should be monitored.
Cash Flow
82
Very Positive
CGN Power Co demonstrates strong cash flow management with consistent free cash flow generation. The operating cash flow to net income ratio is approximately 3.52, indicating effective cash conversion. The free cash flow growth rate from 2023 to 2024 shows a slight decline of 2.78%, but overall, cash flow remains robust. The company exhibits a solid ability to generate cash, supporting its financial stability.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
86.80B82.55B82.82B80.07B69.96B
Gross Profit
29.41B29.69B27.54B26.17B25.54B
EBIT
21.97B20.59B18.84B18.31B16.89B
EBITDA
37.76B38.18B35.56B35.43B35.73B
Net Income Common Stockholders
10.81B10.72B9.96B9.76B9.56B
Balance SheetCash, Cash Equivalents and Short-Term Investments
16.79B15.58B14.69B15.72B12.13B
Total Assets
425.40B415.25B409.02B399.99B391.90B
Total Debt
199.34B207.29B206.42B210.49B213.21B
Net Debt
182.55B191.71B191.73B194.77B201.08B
Total Liabilities
253.08B249.95B251.09B249.08B250.27B
Stockholders Equity
119.44B113.24B107.03B100.91B95.27B
Cash FlowFree Cash Flow
18.35B18.87B19.53B20.47B16.65B
Operating Cash Flow
38.02B33.12B31.37B34.91B30.15B
Investing Cash Flow
-20.17B
Financing Cash Flow
-17.97B-19.09B-20.90B

CGN Power Co Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2.62
Price Trends
50DMA
2.45
Positive
100DMA
2.43
Positive
200DMA
2.62
Positive
Market Momentum
MACD
0.05
Negative
RSI
62.91
Neutral
STOCH
59.65
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1816, the sentiment is Positive. The current price of 2.62 is above the 20-day moving average (MA) of 2.54, above the 50-day MA of 2.45, and above the 200-day MA of 2.62, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 62.91 is Neutral, neither overbought nor oversold. The STOCH value of 59.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1816.

CGN Power Co Peers Comparison

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
$186.49B11.988.56%3.94%3.95%-6.94%
64
Neutral
$8.54B10.304.69%4.37%4.14%-13.04%
GBDAT
£5.22B7.7117.92%<0.01%
$14.44B8.917.93%3.65%
$13.79B6.1315.59%5.72%
$7.91B7.4313.59%5.56%
$14.20B9.527.63%4.45%
* Utilities Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1816
CGN Power Co
2.62
-0.38
-12.55%
GB:DAT
Datang International Power Generation Co
24.52
0.00
0.00%
CLPXF
China Longyuan Power Group
0.87
-0.17
-16.35%
CRPJF
China Resources Power Holdings Co
2.33
-0.77
-24.84%
HPIFF
Huadian Power International
0.58
-0.08
-12.12%
HUNGF
Huaneng Power International
0.63
-0.05
-7.35%

CGN Power Co Corporate Events

CGN Power Co. Announces Approval for New Nuclear Units Construction
Apr 27, 2025

CGN Power Co., Ltd. announced the approval of the construction of new nuclear power units at Taishan and Fangchenggang, which will utilize HPR1000 technology. This development marks a significant step in the company’s expansion strategy, potentially enhancing its market position in the nuclear energy sector. The construction will commence once the necessary permits are obtained, indicating a forward momentum in their operational capabilities.

CGN Power Co., Ltd. Releases 2025 First Quarterly Report
Apr 23, 2025

CGN Power Co., Ltd. released its unaudited first quarterly report for 2025, highlighting the financial performance of the company and its subsidiaries for the three months ending March 31, 2025. The report, prepared in accordance with China Accounting Standards for Business Enterprises, underscores the company’s commitment to transparency and accuracy in financial reporting, although it has not been audited. This announcement is significant for stakeholders as it provides insights into the company’s operational efficiency and financial health, potentially impacting its market positioning and investor confidence.

CGN Power Co. Announces 2024 AGM with Strategic Resolutions
Apr 11, 2025

CGN Power Co., Ltd. has announced its 2024 annual general meeting scheduled for May 21, 2025, where several key resolutions will be considered. These include approval of the 2024 financial reports, profit distribution, investment plans, and the appointment of auditors for 2025. Special resolutions involve the issuance of interbank debt financing instruments and mandates related to share issuance and repurchase, indicating strategic financial maneuvers to strengthen its market position.

CGN Power Co. Announces 2025 H Shareholders’ Class Meeting
Apr 11, 2025

CGN Power Co., Ltd. has announced the upcoming 2025 first H Shareholders’ Class Meeting, scheduled for May 21, 2025, in Shenzhen, China. The meeting will address several key resolutions, including granting the Board of Directors a mandate to repurchase A and/or H shares and extending the validity period for the issuance of A Share Convertible Corporate Bonds. These resolutions, if passed, could impact the company’s financial strategies and shareholder value, reflecting its ongoing efforts to optimize capital structure and enhance market positioning.

CGN Power Co. Reports Significant Growth in Q1 2025 Power Generation
Apr 9, 2025

CGN Power Co., Ltd. reported a notable increase in power generation for the first quarter of 2025, with a total of approximately 60,174 GWh, marking a year-on-year rise of 9.25%. The on-grid power generation also saw a similar increase of 9.41%, reaching 56,689 GWh. This growth is attributed to shorter refueling outages at several power stations and the commencement of commercial operations at Fangchenggang Unit 4 in May 2024. These developments highlight the company’s enhanced operational efficiency and its strategic positioning in the nuclear power sector.

CGN Power’s Controlling Shareholder to Increase H Share Holdings
Apr 8, 2025

CGN Power Co., Ltd. announced that its controlling shareholder, China General Nuclear Power Corporation, plans to increase its holding of H shares in the company by up to 5% within the next 12 months. This move reflects the shareholder’s confidence in the company’s value and its sustainable and stable development prospects, potentially strengthening CGN Power’s market position and signaling positive future growth to stakeholders.

CGN Power Co. Schedules Board Meeting to Review Q1 2025 Results
Apr 8, 2025

CGN Power Co., Ltd. has scheduled a board meeting for April 23, 2025, to review and approve the company’s first quarterly results for the period ending March 31, 2025. This meeting is crucial for stakeholders as it will provide insights into the company’s financial performance and strategic direction.

CGN Power Extends Validity Period for Convertible Bond Issuance
Mar 26, 2025

CGN Power Co., Ltd. has announced the extension of the validity period for resolutions related to the issuance of A Share Convertible Corporate Bonds to non-specific investors. This extension, approved by the company’s board, is necessary to ensure the smooth continuation of the issuance process, as the original validity periods are nearing expiration. The extension will last for an additional twelve months, allowing the company to maintain its strategic financial initiatives without disruption.

CGN Power Re-Appoints Pan-China as 2025 Internal Control Auditor
Mar 26, 2025

CGN Power Co., Ltd. has announced the re-appointment of Pan-China Certified Public Accountants as its internal control auditing agency for the year 2025. This decision, approved by the company’s Board of Directors, is pending consideration at the general meeting. The re-appointment is part of the company’s efforts to maintain robust internal controls and ensure transparency in its operations, which is crucial for its stakeholders and market positioning.

CGN Power Re-Appoints KPMG as Auditor for 2025
Mar 26, 2025

CGN Power Co., Ltd. has announced the re-appointment of KPMG Huazhen LLP as the auditing agency for its 2025 financial report. This decision, approved by the Board of Directors, aligns with regulatory requirements and will be presented for consideration at the company’s general meeting, reflecting CGN Power’s commitment to maintaining transparency and compliance in its financial reporting.

CGN Power Co. Announces New Engineering Services Agreement with CGN
Mar 26, 2025

CGN Power Co., Ltd. has announced the approval of a new Engineering Services Framework Agreement for 2026-2028 with its controlling shareholder, CGN. This agreement, which requires approval from independent shareholders at the 2024 AGM, will continue the provision of various engineering services to the CGN Group, reflecting the company’s ongoing strategic partnership and operational continuity. The agreement is significant as it constitutes non-exempt continuing connected transactions under the Listing Rules, necessitating reporting and independent shareholder approval, thus impacting CGN Power’s operational and financial planning.

CGN Power Co. Declares Final Dividend for 2024
Mar 26, 2025

CGN Power Co., Ltd. announced a final cash dividend of RMB 0.095 per share for the financial year ending December 31, 2024. This announcement underscores the company’s commitment to returning value to its shareholders and may enhance its attractiveness to investors, reinforcing its position in the energy sector.

CGN Power Co. Reappoints Key Executives to Ensure Leadership Continuity
Mar 26, 2025

CGN Power Co., Ltd. has announced the reappointment of key executives, including Mr. Gao Ligang as President and Mr. Yin Engang as Chief Financial Officer, among others, following the expiration of their terms on December 31, 2024. This decision reflects the company’s commitment to maintaining stability and continuity in its leadership, which is critical for its operations and strategic positioning in the nuclear power industry.

CGN Power Co. Reports 2024 Financial Results with Revenue Growth
Mar 26, 2025

CGN Power Co., Ltd. announced its financial results for the year ended December 31, 2024, reporting an operating revenue of approximately RMB86,804.4 million, marking a 5.2% increase from the previous year. The net profit attributable to shareholders rose by 0.8% to RMB10,813.9 million. The company also declared a final cash dividend of RMB0.095 per share. These results highlight the company’s stable financial performance and its commitment to providing returns to its shareholders, indicating a positive outlook for its operations in the energy sector.

CGN Power Co. Secures Approval for Convertible Bond Issuance
Mar 19, 2025

CGN Power Co., Ltd. has received approval from the China Securities Regulatory Commission for the registration of its issuance of convertible corporate bonds to non-specific investors. This approval allows the company to proceed with its plans to issue these bonds within a 12-month period, adhering to the submission documents and issuance plans filed with the Shenzhen Stock Exchange. The move is expected to enhance the company’s financial flexibility and support its strategic initiatives in the nuclear energy sector.

CGN Power Co. Schedules Board Meeting to Review Annual Results
Mar 11, 2025

CGN Power Co., Ltd. has announced a board meeting scheduled for March 26, 2025, to review and approve the annual results for the year ended December 31, 2024, and to consider the payment of a final dividend. This meeting is a significant event for stakeholders as it will determine the company’s financial performance and potential returns for investors.

CGN Power Co. Issues First Tranche of 2025 Medium-Term Notes
Mar 4, 2025

CGN Power Co., Ltd. announced the successful issuance of its first tranche of medium-term notes for 2025, amounting to RMB2.4 billion with a three-year maturity and an interest rate of 1.97%. The proceeds will be used to repay maturing short-term financing debentures and subsidiary borrowings, reflecting the company’s strategic financial management and positioning in the PRC interbank debenture market.

CGN Power Co. Commences Construction of Lufeng Unit 1
Feb 21, 2025

CGN Power Co., Ltd. has announced the commencement of full construction for Lufeng Unit 1, a nuclear reactor with an installed capacity of 1,245MW, set to begin on February 24, 2025. This development marks a significant step in the company’s expansion efforts and is expected to enhance its operational capabilities within the nuclear power industry.

CGN Power Co. Secures Approval for Convertible Bond Issuance
Feb 13, 2025

CGN Power Co., Ltd. announced the approval of its application for issuing A Share Convertible Corporate Bonds to non-specific investors by the Shenzhen Stock Exchange’s Listing Review Committee. This issuance is aimed at bolstering the company’s financial strategy, although it still awaits registration approval from the CSRC, introducing some uncertainty to the process. Investors are cautioned about potential investment risks.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.