An increasingly favourable environment allows CHINA LONGYUAN POWER to improve to Neutral
The independent financial analyst theScreener just upgraded the general evaluation of CHINA LONGYUAN POWER (HK), a company active in the Alternative Electricity industry. As regards its fundamental valuation, the title confirms its rating of 2 out of 4 stars while its market behaviour remains as risky. theScreener believes, however, that a more enabling environment allows the title to increase its general evaluation to Neutral. As of the analysis date February 11, 2022, the closing price was HKD 16.48 and its expected value was estimated at HKD 16.60.China Longyuan Power Group and its subsidiary are engaged in the design, development, construction, management and operation of wind farms; operate other power projects such as coal power, solar power, tidal, biomass and geothermal energy; provide of consulting, repair and maintenance, training and other professional services to wind farms; and manufacture and sale power equipment used in the power grids, wind farms and coal power plants. As of 31 Dec 2009, Co. installed capacity and gross wind power generation were 4,503.5 MW and 6,211,021.7 MWh, respectively.
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