China Longyuan Power Group Corp Ltd
HKEX:916

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China Longyuan Power Group Corp Ltd
HKEX:916
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Price: 6.24 HKD -1.42%
Market Cap: HK$134.8B

P/B

1.6
Current
14%
Cheaper
vs 3-y average of 1.8

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.6
=
Market Cap
HK$148.9B
/
Total Equity
¥74.7B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.6
=
Market Cap
HK$148.9B
/
Total Equity
¥74.7B

Valuation Scenarios

China Longyuan Power Group Corp Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (1.8), the stock would be worth HK$7.23 (16% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-12%
Maximum Upside
+56%
Average Upside
21%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.6 HK$6.24
0%
3-Year Average 1.8 HK$7.23
+16%
5-Year Average 2 HK$7.86
+26%
Industry Average 1.4 HK$5.48
-12%
Country Average 2.4 HK$9.71
+56%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in China
Percentile
31st
Based on 7 605 companies
31st percentile
1.6
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

China Longyuan Power Group Corp Ltd
Glance View

Market Cap
134.8B HKD
Industry
Utilities

China Longyuan Power Group Corp Ltd., nestled in the bustling heart of Beijing, stands as a formidable titan within the renewable energy sector. Emerging from the shadows of the once coal-dependent landscape, Longyuan Power grabbed the winds of change and rode them to become the largest wind power producer in Asia. Established in 1993, the company strategically positioned itself to harness Mother Nature's gifts—chiefly, wind—and transform them into sustainable, clean energy. Longyuan flourishes in the niches of wind farm development, engineering, construction, operation, and maintenance. As a pioneer in this field, they expertly navigate the challenges inherent in wind energy, turning potential turbulence into a steady stream of electric power that courses through China's vast and ever-growing grid. The genius of Longyuan's business model lies in its agile adaptability and relentless expansion into new energy frontiers. While wind power forms its backbone, the company diversifies its portfolio by venturing into solar, tidal, and biomass energy production. It capitalizes on supportive government policies and strategic market movements, ensuring robust revenue streams through the sale of electricity generated at its numerous renewable energy sites scattered across China and abroad. Sustainability isn't just a buzzword for Longyuan; it's at the core of their business ethos, as they continually innovate to increase efficiency and decrease carbon footprints. Their ability to marry cutting-edge technology with a sustainable vision illustrates why Longyuan Power isn't just riding the wave of renewable energy but rather forging its own path, wind turbine by wind turbine.

Intrinsic Value
7.25 HKD
Undervaluation 14%
Intrinsic Value
Price HK$6.24
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