CGN Power Co., Ltd. - 1816.HK

1816.HK Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
1816.HK	0.8	-0.8	-9.4	-16	-23.9	23.5	8.6	21.7	-20	-23.6
S&P 500	1.0	1.5	1.1	2.3	8.9	23.6	33.8	80.6	196.5	33856.2

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	1816.HK
name	CGN Power Co., Ltd.
price	2.52
changes percentage	0.8
change	0.02
day low	2.49
day high	2.53
year high	3.65
year low	2.03
market cap	180588454177
price avg 50	2.7074
price avg 200	2.95585
exchange	HKSE
volume	57470760
avg volume	67615193
open	2.5
previous close	2.5
eps	0.23
pe	10.96
earnings announcement	2025-03-25T10:59:00.000+0000
shares outstanding	71662084991
timestamp	2025-01-20 08:08:32

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 43.0%

Overall Quarterly Financial Health: 76.3%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	82548643150	82822403586	-0.33
gross profit	29691020022	27541430481	7.80
gross profit ratio	0.36	0.33	8.16
research and development expenses	2419777159	1869791343	29.41
operating expenses	9096525613	3718188598	144.65
interest income	274888234	194704466	41.18
interest expense	5418879603	6465851164	-16.19
ebitda	38180973587	35559125539	7.37
ebitdaratio	0.46	0.43	6.46
operating income	20594494408	18844614435	9.29
operating income ratio	0.25	0.23	9.65
net income	10724570116	9963793122	7.64
net income ratio	0.13	0.12	7.99
eps	0.21	0.2	5.00

Overall Score of Annual Income Statement

0.62 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Revenue Growth: revenue decreased to 82,549 million in 2023 from 82,822 million in 2022 representing a change of -0.33%. This indicates a sales shrinking, which is a negative sign for the company.

  Operating Expenses: Operating Expenses increased to 9,097 million in 2023 from 3,718 million in 2022 representing a change of 144.65%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  Net Income: Net income decreased to 10,725 million in 2023 from 9,964 million in 2022 representing a change of 7.64%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

• 📈 Positive Indicators

  Gross Profit: Gross Profit increased to 29,691 million in 2023 from 27,541 million in 2022 representing a change of 7.8%. This indicates a sales profitability growth, which is a positive sign for the company.

  Research and Development (R&D) Expenses: R&D Expenses increased to 2,420 million in 2023 from 1,870 million in 2022 representing a change of 29.41%. This shows that the company continues to invest in innovation and product development, which is crucial for long-term growth.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 38,181 million in 2023 from 35,559 million in 2022 representing a change of 7.37%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 20,594 million in 2023 from 18,845 million in 2022 representing a change of 9.29%. The increase in operating income indicates better operational performance and increased profitability.

  Earnings per Share (EPS): EPS increased to 0.21 in 2023 from 0.21 in 2022 representing a change of 5.0%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
revenue	22668813472	19952077771	13.62
gross profit	7457517142	7231954973	3.12
gross profit ratio	0.33	0.36	-9.24
research and development expenses	574934000	171605703	235.03
operating expenses	1209995275	621074891	94.82
interest income	58342525	71996948	-18.97
interest expense	0	1162476406	-100.00
ebitda	6518512487	10572892047	-38.35
ebitdaratio	0.29	0.49	-41.47
operating income	6247521863	6610880080	-5.50
operating income ratio	0.28	0.33	-16.82
net income	2874244541	3505119457	-18.00
net income ratio	0.13	0.18	-27.83
eps	0.06	0.07	-18.01

Overall Score of Quarterly Income Statement

0.62 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 22,669 million in 2024Q3 from 19,952 million in 2024Q2 representing a change of 13.62%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 7,458 million in 2024Q3 from 7,232 million in 2024Q2 representing a change of 3.12%. This indicates a sales profitability growth, which is a positive sign for the company.

  Research and Development (R&D) Expenses: R&D Expenses increased to 575 million in 2024Q3 from 172 million in 2024Q2 representing a change of 235.03%. This shows that the company continues to invest in innovation and product development, which is crucial for long-term growth.

  Operating Expenses: Operating Expenses decreased to 1,210 million in 2024Q3 from 621 million in 2024Q2 representing a change of 94.82%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 6,519 million in 2024Q3 from 10,573 million in 2024Q2 representing a change of -38.35%. The increase in EBITDA indicates improved operational efficiency and profitability.

• 📉 Negative Indicators

  Operating Income: Operating income decreased to 6,248 million in 2024Q3 from 6,611 million in 2024Q2 representing a change of -5.5%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to 2,874 million in 2024Q3 from 3,505 million in 2024Q2 representing a change of -18.0%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.06 in 2024Q3 from 0.06 in 2024Q2 representing a change of -18.01%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	415250356776	409015565449	1.52
total liabilities	249946409917	251085643599	-0.45
total equity	165303946858	157929921849	4.67
cash and cash equivalents	15575543552	14689825716	6.03
short term investments	1	7129488016	-100.00
long term investments	15106771547	20446190331	-26.11
total current assets	72787425761	70504910095	3.24
total non current assets	342462931015	338510655354	1.17
total current liabilities	77387563858	76132435027	1.65
total non current liabilities	172558846058	174953208572	-1.37
common stock	50498611100	50498611100	0.00
retained earnings	44432050938	39038911600	13.81
total debt	207287691764	206423678202	0.42

Overall Score of Annual Balance Sheet

0.67 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 415,250 million in 2023 from 409,016 million in 2022 representing a change of 1.52%. Suggesting a growth in asset holdings.

  Total Liabilities: Total Liabilities decreased to 249,946 million in 2023 from 251,086 million in 2022 representing a change of -0.45%. This indicates a decrease in overall liabilities.

  Total Equity: Total Equity increased to 165,304 million in 2023 from 157,930 million in 2022 representing a change of 4.67%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 15,576 million in 2023 from 14,690 million in 2022 representing a change of 6.03%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 72,787 million in 2023 from 70,505 million in 2022 representing a change of 3.24%. This indicates a better liquidity position.

  Retained Earnings: Retained Earnings increased to 44,432 million in 2023 from 39,039 million in 2022 representing a change of 13.81%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Short Term Investments: Short Term Investments decreased to 0 million in 2023 from 7,129 million in 2022 representing a change of -100.0%. This indicates a decrease in short-term investment holdings.

  Total Current Liabilities: Total Current Liabilities increased to 77,388 million in 2023 from 76,132 million in 2022 representing a change of 1.65%. This indicates a higher short-term debt burden.

  Total Debt: Total Debt increased to 207,288 million in 2023 from 206,424 million in 2022 representing a change of 0.42%. This indicates an increase in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
total assets	421504515969	418799331334	0.65
total liabilities	250600785285	248321256008	0.92
total equity	170903730682	168259275252	1.57
cash and cash equivalents	20754607938	14102701677	47.17
short term investments	0	4938252537	-100.00
long term investments	2	16507316195	-100.00
total current assets	78439805337	75204730307	4.30
total non current assets	343064710632	343594601027	-0.15
total current liabilities	82650163003	81187740056	1.80
total non current liabilities	167950622282	167133515952	0.49
common stock	50498611100	50498611100	0.00
retained earnings	49667127356	46794468111	6.14
total debt	204573300923	205525585654	-0.46

Overall Score of Quarterly Balance Sheet

0.67 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 421,505 million in 2024Q3 from 418,799 million in 2024Q2 representing a change of 0.65%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 170,904 million in 2024Q3 from 168,259 million in 2024Q2 representing a change of 1.57%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 20,755 million in 2024Q3 from 14,103 million in 2024Q2 representing a change of 47.17%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 78,440 million in 2024Q3 from 75,205 million in 2024Q2 representing a change of 4.3%. This indicates a better liquidity position.

  Retained Earnings: Retained Earnings increased to 49,667 million in 2024Q3 from 46,794 million in 2024Q2 representing a change of 6.14%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 204,573 million in 2024Q3 from 205,526 million in 2024Q2 representing a change of -0.46%. This indicates a reduction in overall debt burden.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 250,601 million in 2024Q3 from 248,321 million in 2024Q2 representing a change of 0.92%. This indicates an increase in overall liabilities.

  Short Term Investments: Short Term Investments decreased to 0 million in 2024Q3 from 4,938 million in 2024Q2 representing a change of -100.0%. This indicates a decrease in short-term investment holdings.

  Total Current Liabilities: Total Current Liabilities increased to 82,650 million in 2024Q3 from 81,188 million in 2024Q2 representing a change of 1.8%. This indicates a higher short-term debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	1540033721	-4014235464	138.36
operating cash flow	33119894272	31368408488	5.58
free cash flow	18873797603	19528725355	-3.35
capital expenditure	-14246096669	-11839683132.7	-20.32
depreciation and amortization	12231530770	10705507180	14.25
deferred income tax	0	31979548	-100.00
stock based compensation	9641502	-55548413.93	117.36
accounts payables	320858243	6039623315	-94.69
inventory	-2908756014	-2550726825.44	-14.04
acquisitions net	0	51054347	-100.00
investments in property plant and equipment	-14246096669	-11839683132.7	-20.32
net cash used for investing activites	-12512613672.5	-14379365569.78	12.98
debt repayment	-1085342641	-4093488171.21	73.49
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	-17429516086.28	-4243773173	-310.71
net cash used provided by financing activities	-19088238032	-20896395218	8.65
cash at end of period	9097637273	7557603552	20.38
accounts receivables	2017828788	-2445715264	182.50
cash at beginning of period	7557603552	11571839016	-34.69

Overall Score of Annual Cashflow Statement

None

Detailed Analysis

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
operating cash flow	13760989166	7225891420	90.44
free cash flow	10370694400	4334994885	139.23
capital expenditure	-3390294766	-2890896535	-17.27
depreciation and amortization	0	3191985114	-100.00
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	0	0	NaN
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	115218239	22615597	409.46
investments in property plant and equipment	-3390294766	-2890896535	-17.27
net cash used for investing activites	-4857000382	-2516477291	-93.01
debt repayment	-781213191	-1482079366.88	47.29
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	-4746869443	-4746869443	0.00
net cash used provided by financing activities	-8720314448	-4625239195	-88.54
net change in cash	6651906261	-5213573117	227.59
cash at end of period	20754607938	14102701677	47.17
cash at beginning of period	14102701677	19316274794	-26.99

Overall Score of Quarterly Cashflow Statement

1.0 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 6,652 million in 2024Q3 from -5,214 million in 2024Q2 representing a change of 227.59%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 13,761 million in 2024Q3 from 7,226 million in 2024Q2 representing a change of 90.44%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 10,371 million in 2024Q3 from 4,335 million in 2024Q2 representing a change of 139.23%. This indicates an increase in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure decreased to -3,390 million in 2024Q3 from -2,891 million in 2024Q2 representing a change of -17.27%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	1.63	1.64	-0.33
net income per share	0.21	0.2	7.64
operating cash flow per share	0.66	0.62	5.58
free cash flow per share	0.37	0.39	-3.35
cash per share	0.31	0.43	-28.62
book value per share	3.27	3.13	4.67
tangible book value per share	3.04	2.92	4.10
shareholders equity per share	2.24	2.12	5.80
interest debt per share	4.21	4.22	-0.09
market cap	161595555520	135841263859	18.96
enterprise value	353307703732	327575116345	7.86
pe ratio	15.07	13.63	10.52
price to sales ratio	1.96	1.64	19.35
pocfratio	4.88	4.33	12.67
pfcf ratio	8.56	6.96	23.09
pb ratio	1.43	1.27	12.44
ptb ratio	1.43	1.27	12.44
ev to sales	4.28	3.96	8.21
enterprise value over ebitda	9.25	9.21	0.45
ev to operating cash flow	10.67	10.44	2.15
ev to free cash flow	18.72	16.77	11.60
earnings yield	0.07	0.07	-9.52
free cash flow yield	0.12	0.14	-18.76
debt to equity	1.83	1.93	-5.09
debt to assets	0.5	0.5	-1.09
net debt to ebitda	5.02	5.39	-6.88
current ratio	0.94	0.93	1.56
interest coverage	3.8	2.91	30.40
income quality	3.09	2.06	50.07
dividend yield	0.07	0.03	120.89
payout ratio	1.04	0.43	144.13
sales general and administrative to revenue	0.01	0.01	13.27
research and ddevelopement to revenue	0.03	0.02	29.84
intangibles to total assets	0.03	0.03	10.86
capex to operating cash flow	0.43	0.38	13.96
capex to revenue	0.17	0.14	20.72
capex to depreciation	1.13	1.11	2.34
stock based compensation to revenue	0.0	-0.0	117.41
graham number	3.27	3.07	6.71
roic	0.04	0.04	8.80
return on tangible assets	0.03	0.03	6.33
graham net net	-4.22	-4.1	-2.84
working capital	-4600138097	-5627524932	18.26
tangible asset value	153310674291	147274271466	4.10
net current asset value	-177158984156	-180580733504	1.89
invested capital	314514663193	309829291793	1.51
average receivables	16349399636	16853934332	-2.99
average payables	23202349351	20892641236	11.06
average inventory	19173986349.5	16511967026.5	16.12
days sales outstanding	65.87	78.45	-16.04
days payables outstanding	161.84	151.65	6.72
days of inventory on hand	142.06	117.36	21.04
receivables turnover	5.54	4.65	19.11
payables turnover	2.26	2.41	-6.30
inventory turnover	2.57	3.11	-17.38
roe	0.09	0.09	1.73
capex per share	0.28	0.23	20.32

• ROE:

  Debt-to-Equity Ratio:

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 15.07 on 2023-12-31 from 13.63 on 2022-12-31, representing a change of 10.52%. Indicating an increase in the relative valuation of the company's stock.

• Negative

  Current Ratio: Current Ratio increased to 0.94 on 2023-12-31 from 0.93 on 2022-12-31, representing a change of 1.56%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. However, it's below 1, indicating potential liquidity issues.

• Quarterly Financial Ratios

	2024-09-30 Q3	2024-06-30 Q2	Q/Q change %
1816.HK
calendar year	2024	2024	NaN
revenue per share	0.45	0.4	13.62
net income per share	0.06	0.07	-18.00
operating cash flow per share	0.27	0.14	90.44
free cash flow per share	0.21	0.09	139.23
cash per share	0.41	0.38	9.00
book value per share	3.38	3.38	0.25
tangible book value per share	3.12	3.13	-0.10
shareholders equity per share	2.35	2.29	2.40
interest debt per share	4.05	4.09	-1.02
market cap	227243749950	239363416614	-5.06
enterprise value	411062442935	430786300591	-4.58
pe ratio	19.77	17.07	15.77
price to sales ratio	10.02	12.0	-16.44
pocfratio	16.51	33.13	-50.15
pfcf ratio	21.91	55.22	-60.32
pb ratio	1.92	2.07	-7.29
ptb ratio	1.92	2.07	-7.29
ev to sales	18.13	21.59	-16.01
enterprise value over ebitda	63.06	40.74	54.77
ev to operating cash flow	29.87	59.62	-49.89
ev to free cash flow	39.64	99.37	-60.11
earnings yield	0.01	0.01	-13.63
free cash flow yield	0.05	0.02	151.99
debt to equity	1.73	1.78	-2.80
debt to assets	0.49	0.49	-1.10
net debt to ebitda	28.2	18.11	55.75
current ratio	0.95	0.93	2.46
interest coverage	0	5.69	-100.00
income quality	4.79	2.06	132.24
dividend yield	0.02	0.02	5.33
payout ratio	1.65	1.35	21.95
sales general and administrative to revenue	0	-0.02	100.00
research and ddevelopement to revenue	0.03	0.01	194.88
intangibles to total assets	0.03	0.03	4.01
capex to operating cash flow	0.25	0.4	-38.42
capex to revenue	0.15	0.14	3.22
capex to depreciation	0	0.91	-100.00
stock based compensation to revenue	0	0	NaN
graham number	1.73	1.89	-8.36
roic	0.01	0.01	-6.84
return on tangible assets	0.01	0.01	-18.42
graham net net	-4.13	-4.1	-0.64
working capital	-4210357666	-5983009749	29.63
tangible asset value	157740468049	157903881870	-0.10
net current asset value	-172160979948	-173116525701	0.55
invested capital	312146697083	312848593647	-0.22
average receivables	15562364852.5	15472190993	0.58
average payables	20391225398.5	21100867521.5	-3.36
average inventory	20255729429	19541484157	3.66
days sales outstanding	58.23	74.23	-21.56
days payables outstanding	122.19	142.43	-14.21
days of inventory on hand	123.24	139.26	-11.51
receivables turnover	1.55	1.21	27.48
payables turnover	0.74	0.63	16.56
inventory turnover	0.73	0.65	13.01
roe	0.02	0.03	-19.92
capex per share	0.07	0.06	17.27

• Negative

  ROE: Return on Equity (ROE) decreased to 0.02 on 2024-09-30 Q3 from 0.03 on 2024-06-30 Q2, representing a change of -19.92%. Suggesting that the company has not been generating high returns for its shareholders.

  Current Ratio: Current Ratio increased to 0.95 on 2024-09-30 Q3 from 0.93 on 2024-06-30 Q2, representing a change of 2.46%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. However, it's below 1, indicating potential liquidity issues.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 19.77 on 2024-09-30 Q3 from 17.07 on 2024-06-30 Q2, representing a change of 15.77%. Indicating an increase in the relative valuation of the company's stock.

• Debt-to-Equity Ratio:

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

None