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0182.HK — HKEX Independent Power Producers

0182.Hk

HK$0,45
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Mcap
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P/E
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EV / Rev
—
Div yield
9,59 %
Op margin
32,4 %
ROE
1,6 %
Net margin
5,5 %
Debt / equity
2,23
Beta
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52w range
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Volume
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Day range
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Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

The company is a Hong Kong-listed independent power producer operating in the utilities sector, generating revenue primarily through electricity generation and distribution.

Business. The company is a Hong Kong-listed independent power producer operating in the utilities sector, generating revenue primarily through electricity generation and distribution.

Classification92 %
SectorUtilities
IndustryIndependent Power Producers
ActivityUtilities
Generated · model-assisted
Sell-side consensus
BUY1 analysts
1 buy0 hold0 sell
Avg 12m price target0,45

Analyst recommendations

1 analysts · consensus Buy
Buy1
Hold0
Sell0
12-month price target
0,45
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts→
Buy
1 analysts · indicative
Ownership
—
not yet wired
Profitability→
1,6 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 0182.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities · THIS SECTOR−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 0182.HK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    The company is a Hong Kong-listed independent power producer operating in the utilities sector, generating revenue primarily through electricity generation and distribution.

    Classification92 %
    SectorUtilities
    IndustryIndependent Power Producers
    ActivityUtilities
    AI synthesis
    GENERATED

    The company maintains a debt-to-equity ratio of 2.23, indicating a capital structure that is significantly leveraged, with long-term debt accounting for a large portion of its liabilities. Its liquidity position is moderate, as evidenced by a current ratio of 1.02, suggesting that the company has just enough current assets to cover its short-term obligations. However, the risk assessment highlights a key flag: net cash is negative after subtracting total debt, signaling potential liquidity constraints.

    Profitability metrics show a return on equity (ROE) of 1.64% and a return on assets (ROA) of 0.42%, both of which are below the typical thresholds for healthy returns in the independent power producer industry. The company's net income of 139.72 million CNY is relatively modest compared to its total assets of 33.16 billion CNY, indicating that it is not generating strong returns relative to its asset base.

    The company's revenue is concentrated in a single business segment, as no segmental breakdown is provided in the available data. Geographically, the company is based in Hong Kong, and there is no indication of significant international operations or diversification. This lack of diversification may expose the company to regional economic and regulatory risks.

    The company's growth trajectory is not clearly defined in the available data, as no forward-looking revenue projections or historical growth rates are provided. Analysts have issued a mean recommendation of 2.00, which is neutral, with one "buy" rating and no "strong buy" or "hold" ratings. This suggests a cautious outlook from the investment community.

    The risk assessment indicates a medium liquidity risk and a low dilution risk. The company has not issued any recent equity or debt offerings that would suggest a near-term dilution threat, and the number of shares outstanding has remained unchanged between basic and diluted shares. However, the high debt load and low profitability could increase the risk of future dilution if the company needs to raise additional capital to service its debt obligations.

    No recent events, such as earnings calls, regulatory filings, or major business developments, are disclosed in the available data. This lack of recent activity may indicate a stable but uneventful operational environment, or it may reflect limited transparency in the company's disclosures.

    Key takeaways
    • The company is highly leveraged, with a debt-to-equity ratio of 2.23, indicating a capital structure that is heavily reliant on debt financing.
    • Profitability is weak, with a return on equity of 1.64% and a return on assets of 0.42%, both of which are below industry norms.
    • The company's liquidity position is moderate, with a current ratio of 1.02, and it faces a key risk of negative net cash after subtracting total debt.
    • Analysts have issued a neutral outlook, with a mean recommendation of 2.00 and only one "buy" rating.
    • The company's business and geographic exposure is not diversified, with no segmental or international revenue breakdown provided.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$0,45
    Market cap
    —
    Enterprise valueⓘ
    —
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    —
    P / Bⓘ
    —
    P / Tangible bookⓘ
    —
    Tangible book
    HK$8.52B
    Net cashⓘ
    -HK$18.04B
    Current ratioⓘ
    1.0
    Debt / equityⓘ
    2.2
    ROAⓘ
    0.4%
    ROEⓘ
    1.6%
    Cash conversionⓘ
    —
    CapEx / revenueⓘ
    —
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    0,06
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    1
    Other metrics
    Revenue
    —
    no estimate
    Segment revenue
    —
    no estimate
    Margin
    —
    no estimate
    Segment margin
    —
    no estimate
    as of 2026-05-04 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPS—no estimate—no estimate0,06
    Revenue—no estimate—no estimate2,7B CNY
    Operating income—no estimate—no estimate1,0B CNY
    Full-year consensus mean (period as reported by source) · consensus in CNY. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution1 analysts
    Strong buy0
    Buy1
    Hold0
    Sell0
    Strong sell0
    12-month price targetHK$0,45 · Median HK$0,45
    Low HK$0,45High HK$0,45
    Operating income · consensus1,0B CNY
    EPS surprise
    −69,5 %
    reported vs consensus · miss
    Revenue surprise
    −4,3 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    LowHK$0,45
    MeanHK$0,45
    MedianHK$0,45
    HighHK$0,45
    SpotHK$0,45
    +1.1 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin32,4 %Above median
    Net Margin5,5 %Bottom quartile
    ROE1,6 %Bottom quartile
    D/E2,23Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Physical assets

    9 tracked
    AssetTypeCommodityCountryRole
    Duke Building 129PowerPowerUSOperating company
    Duke Building 87PowerPowerUSOperating company
    Duke Building 98PowerPowerUSOperating company
    Heilongjiang Yilan Wind/Solar/Storage complexPowerPowerChinaRegistered owner
    Jefferson Solar ParkPowerPowerUSOperating company
    Johnston SolarPowerPowerUSOperating company
    North Smithfield Solar Power 1PowerPowerUSRegistered owner
    North Smithfield Solar Power 1PowerPowerUnited StatesRegistered owner
    Qinghai Haixi Dachaidan (Xiehe) solar farmPowerPowerChinaRegistered owner
    Tracked physical assets associated with this issuer (operated, managed, or owned).

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Return On Assets
      net_income / total_assets
    Source documents
    • 0182.HK Market data — financials · 2026-05-26
    • Concord New Energy Group Ltd Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Leadership

    • Kai GuiChief Executive Officer, Executive Director
    • Shunxing LiuExecutive Chairman of the Board

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    0182.HKCanonical
    HKEX · HKD

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage