1. Hong Kong Stocks

  2. •

    Utilities

  3. •

    Electric utilities
CGN New Energy Holdings Co., Ltd.

CGN New Energy Holdings Co., Ltd.

0.22
EUR
+0.00
(-0.91%)
1.11BMarket Cap
Mar 23Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.25
0.41
0.27
0.25
0.26
0.32
0.3
0.27
0.41
0.57
0.51
0.45
0.39
- -
Basic EPS, GAAP
0.01
0.06
0.02
0.02
0.01
0.02
0.03
0.04
0.06
0.05
0.06
0.06
0.06
- -
Free Cash Flow per Basic Share
-0.05
0.01
0.03
0.06
0.03
-0.04
-0.2
-0.26
-0.22
0.06
0.01
-0.1
0.01
- -
Dividend per Share
0.01
- -
- -
- -
- -
- -
0.01
- -
0.02
0.01
0.01
0.02
0.01
- -
Book Value per Share
0.19
0.17
0.17
0.17
0.2
0.2
0.22
0.28
0.32
0.32
0.36
0.38
0.44
0.44
Tangible Book Value per Share
0.18
0.16
0.12
0.11
0.15
0.15
0.18
0.24
0.28
0.28
0.33
0.34
0.41
0.41
Basic Weighted Avg Shares
4,136
3,385
4,291
4,291
4,291
4,291
4,291
4,291
4,291
4,291
4,291
4,290
4,290
4,290
Sales/Revenue/Turnover
1,055
1,380
1,152
1,074
1,109
1,358
1,276
1,150
1,775
2,430
2,193
1,951
1,693
- -
Operating Margin (%)
11.8
11.39
14.69
17.1
15.53
15.32
18.87
25.53
27.46
24.51
25.64
27.57
29.07
- -
Depreciation Expense
71
95
109
143
134
144
168
207
274
341
352
368
384
- -
Net Income, GAAP
56
202
104
79
62
88
111
162
244
195
268
248
276
- -
Effective Tax Rate (%)
40.53
15.38
24.62
24.09
30.23
27.01
29.5
18.29
11.54
21.46
20.68
23.42
22.08
- -
Profit Margin (%)
5.29
14.66
9.02
7.4
5.58
6.49
8.71
14.1
13.76
8.03
12.21
12.71
16.3
- -
Working Capital
248
342
342
349
-66
169
-564
-804
-1,146
-575
-235
-637
-1,412
-1,412
LT Debt
1,708
1,187
2,451
2,218
1,868
2,318
2,747
3,572
4,368
4,316
4,592
4,468
3,850
3,850
Total Equity
938
816
850
812
960
954
1,009
1,297
1,495
1,500
1,689
1,760
2,018
2,018
Return on Invested Capital (%)
- -
5.15
4.16
3.99
3.51
4.11
3.87
4.2
5.97
6.08
5.82
5.14
4.49
- -
Return on Capital (%)
- -
9.83
5.01
4.62
3.92
4.71
4.99
4.94
5.55
4.65
5.65
4.79
4.68
- -
Return on Common Equity (%)
- -
27.19
14.32
10.94
7.8
10.13
12.38
15.13
18.89
14.27
18.42
15.69
15.81
- -

Capital Structure

USD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
1,901
2,446
2,703
LT Borrowings
4,413
4,155
3,776
LT Finance Leases
56
68
74
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,290
4,290
4,290
Market Capitalization
1,242
1,274
1,300

Working Capital

USD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
1,795
1,969
1,737
Cash, Cash Equivalents & STI
158
219
165
Accounts Receivable, Net
887
987
819
Inventories
54
49
44
Total Current Liabilities
2,432
2,935
3,149
Payables & Accruals
- -
- -
- -
ST Debt
1,901
2,446
2,703
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.45%
9.4%
14.67%
Free Cash Flow
-136.07%
-318.93%
-113.12%
Net Income, GAAP
14.04%
14.33%
11.23%
Sales/Revenue/Turnover
6.03%
11.45%
-13.25%
Total Cash Common Dividend
- -
- -
-7.35%

Semi-annual Revenue

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
2,193
2024
- -
- -
1,951
2025
- -
- -
1,693

Semi-annual Earnings Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.06
2024
- -
- -
0.06
2025
- -
- -
0.06

Semi-annual Dividends Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.01
2024
- -
- -
0.02
2025
- -
- -
0.01

Company Description

Company Profile APIChatGPT
CEO
Li Yilun
Full Time Employees
2,395
Sector
Utilities
Industry
Electric utilities
Address
Great Eagle Centre Hong Kong Hong Kong
IPO Date
Oct 3, 2014
Website
cgnne.com
Similar Companies
Vistra Corp. (NYSE:VST)
Constellation Energy Corporation (NASDAQ:CEG)
NextEra Energy, Inc. (NYSE:NEE)
Adani Energy Solutions Ltd (NSE:ADANIENSOL)
NTPC Limited (NSE:NTPC)
Power Grid Corporation of India Limited (NSE:POWERGRID)
Business
CGN New Energy Holdings Co., Ltd. CGN New Energy Holdings Co., Ltd. (1811.HK) operates as a diversified independent power producer, generating and supplying electricity and steam primarily in the People's Republic of China (PRC) and the Republic of Korea. The company manages a broad portfolio of power generation assets, including wind power projects such as the 49.5 MW Liuyuan project; solar photovoltaic plants; gas-fired combined cycle facilities like the 577.4 MW Yulchon I, 946.3 MW Yulchon II, and Hubei gas-fired project; coal-fired projects including the 760 MW Huangshi I, 1,360 MW Huangshi II, and 250 MW Puguang; oil-fired plants such as the 507 MW Daesan I; hydro projects in Sichuan, Guangxi, and along rivers like the Rong and Zuo; cogeneration (cogen) facilities in Jiangsu's Haian and Nantong zones capable of heat supply and burning low-heat coal varieties; biomass, energy storage, and fuel cell projects including the 15.4 MW Yulchon Fuel Cell encompassing phases I through III; headquartered in Hong Kong with operations focused on clean and renewable energy development, construction, production, and O&M, primarily serving provincial grids like Sichuan Electric Power Company and Guangxi Power Grid. Recent developments include a November 2024 agreement with CGN (Beijing) New Energy Technology for technical maintenance services on wind farms and photovoltaic plants through December 2026, classified as a continuing connected transaction; an EPC contract awarded in November 2025; a power sale framework agreement signed on November 26, 2025, by subsidiary CGN Shenzhen; a RMB 11.8 billion equity funding round for Inner Mongolia wind, solar, and energy storage projects; and a July agreement for a 700 MW renewable-powered hydrogen production demonstration project in Yumen, Gansu Province, alongside leadership changes with President Li Guangming's resignation in October 2025 and power output declines in wind and hydro segments.