Earnings Alerts

Earnings Surge: China Longyuan Power (916) Reports FY Net Income of 6.43B Yuan Amid Wind Capacity Growth

  • Longyuan Power’s net income for the fiscal year is 6.43 billion yuan.
  • Total revenue reported by the company is 37.07 billion yuan.
  • The consolidated installed capacity of wind power increased by 9.6% year-over-year, reaching 30,409 MW.
  • Average utilization hours of wind power decreased by 6.6% year-over-year, now at 2,190 hours.
  • Investor sentiment includes 23 buy ratings, 3 hold ratings, and 1 sell rating for Longyuan Power’s stock.

China Longyuan Power on Smartkarma

Analyst coverage on Smartkarma for China Longyuan Power showcases a positive outlook on the company’s growth prospects. Travis Lundy‘s report highlights the tightening A/H premia levels in the tech and financial sectors, with significant outperformance in these areas. Despite overall lower premia levels in recent weeks, there are still opportunities with attractive premia in various sectors due to heavy SOUTHBOUND buying activity on select industries like telcos, banks, and insurers.

David Mudd‘s research emphasizes China Longyuan Power‘s expansion efforts in offshore capacity and overseas business, leading to a BUY rating from JP Morgan. The H share market, where the company operates, has been a standout performer in Asia in 2024. With the company’s roadshow focusing on future growth strategies, analysts remain optimistic about Longyuan Power’s trajectory as it navigates the evolving energy landscape.


A look at China Longyuan Power Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience2
Momentum2
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts using Smartkarma Smart Scores have given China Longyuan Power a positive long-term outlook based on their scoring system. With high scores in Value and Dividend factors, the company is considered strong in terms of its financial health and ability to provide returns to investors. This indicates a favorable investment opportunity for those seeking stability and income from their investments.

However, the company’s scores in Growth, Resilience, and Momentum are relatively lower, suggesting some areas of concern such as growth potential, ability to withstand economic shocks, and market performance. Investors may need to consider these factors alongside the company’s strengths before making investment decisions. In summary, China Longyuan Power Group Corp Ltd is a company that focuses on designing, developing, managing, and operating wind farms, with a key aspect of selling the electricity generated by these facilities.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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