Earnings Alerts

China Longyuan Power (916) Earnings: June Power Generation Rises by 3.05%

  • Longyuan Power’s power generation increased by 3.05% in June 2024.
  • Wind power generation specifically saw a growth of 2.1%.
  • Analysts’ ratings for Longyuan Power include 25 buy recommendations, 4 hold recommendations, and 0 sell recommendations.

China Longyuan Power on Smartkarma

Analysts on Smartkarma are bullish on China Longyuan Power, according to recent reports by Travis Lundy and Osbert Tang, CFA. Lundy’s report, “A/H Premium Tracker,” highlights the wide AH Premia but suggests that China Longyuan is worth owning, especially in the ‘H’ share market. The report also notes consistent southbound buying and recent northbound selling of the stock. Meanwhile, Osbert Tang’s report, “China Longyuan (916 HK): Mean Reversion,” predicts a potential 60% upside for the company driven by factors like power generation acceleration, cash flow improvement, and a recovery in the wind power market. Tang points out that despite a recent rebound, China Longyuan’s valuations still offer room for growth.


A look at China Longyuan Power Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE4.0

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

China Longyuan Power Group Corp Ltd, a company that designs, develops, manages, and operates wind farms, seems to have a promising long-term outlook. According to Smartkarma Smart Scores, the company scores high in areas such as Value, Dividend, Growth, and Momentum, which bodes well for its future prospects. With a strong emphasis on value and growth, coupled with a solid dividend and momentum, China Longyuan Power appears to be well-positioned to capitalize on opportunities in the renewable energy sector.

Although the company scores lower in the Resilience category, its overall strong performance in other key areas suggests that China Longyuan Power has the potential for sustained success in the long run. As a key player in the wind energy market, the company’s strategic focus on maximizing value and driving growth, supported by its solid dividend and momentum, paints a positive picture for its future performance and reinforces its position as a notable player in the industry.


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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