Loading…
Employees: 560
Size Concord New Energy (0182.HK) is a Hong Kong Utilities company (Electric Utilities) with a market value of $296M, the 889th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$0.30 on 6 Nov 2026.
Performance Over six months the shares fell 23.1%, against -20.4% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 10th lowest of 21 in its peer set.
Growth Revenue grew 3.8% over the last twelve months (peer median +3.5%); the operating margin is 30.4% (peer median 3.5%).
Valuation It trades at 5.8× forward earnings against a peer median of 17.7× (cheapest of 10).
Price implies For today's price to make sense, revenue must grow about 9% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is +4 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 2.7 points below its cost of capital (5.0% WACC).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$2.69B | HK$2.76B | HK$2.98B | HK$2.86B | HK$2.79B |
| Revenue growth | — | -8% | +4% | +2% | — |
| Gross profit | HK$1.07B | HK$1.09B | HK$1.61B | HK$1.55B | HK$1.70B |
| EBITDA | HK$1.97B | HK$2.03B | HK$2.26B | HK$1.94B | HK$1.99B |
| Net income | -HK$41.0M | HK$152M | HK$873M | HK$974M | HK$1.01B |
| Free cash flow | HK$39.9M | -HK$1.35B | -HK$3.23B | -HK$3.52B | -HK$2.91B |
| Capital expenditure | HK$2.35B | HK$3.25B | HK$4.88B | HK$4.64B | HK$5.07B |
| Total debt | n/a | HK$21.1B | HK$17.7B | HK$18.4B | HK$15.8B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 0182.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.7% | -7.9% | 10th highest of 21 |
| 6-month return | -23.1% | -20.4% | 10th lowest of 21 |
| Distance from 52-week high | -38.8% | -34.2% | 10th lowest of 21 |
| Revenue growth (TTM) | +3.8% | +3.5% | 10th highest of 21 |
| Operating margin | 30.4% | 3.5% | highest of 21 |
| Forward P/E | 5.8× | 17.7× | cheapest of 10 |
| Growth the price implies (Req g, 7 yrs) | 8.5% | 4.9% | 3rd most demanding of 8 |
| Growth delivered (Del g) | +4.2% | +7.0% | 3rd lowest of 8 |
| Hurdle (Req g minus delivered) | +4.4 pp | -6.2 pp | 2nd most demanding of 8 |
| ROIC minus cost of capital | -2.7 pp | -2.6 pp | 11th highest of 21 |
| EV / EBITDA | 11.0× | 10.0× | 5th most expensive of 12 |
| Net debt / EBITDA | 9.8× | 2.1× | 3rd most indebted of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Concord New Energy 0182.HK | Hong Kong | $296M | -23% | +4% | 30% | 5.8× | 8.5% | +4.2% |
| Shenyang Huitian Thermal Power 000692.SZ | China | $308M | -23% | +2% | -7% | n/a | n/a | n/a |
| Xi'an Actionpower Electric 688719.SS | China | $324M | -32% | +3% | -5% | 49.6× | n/a | n/a |
| Zespol Elektrocieplowni Wroclawskich KOGENERACJA KGN.WA | Poland | $326M | +4% | +14% | 15% | n/a | n/a | n/a |
| Guangzhou Devotion Thermal Technology 300335.SZ | China | $341M | -26% | -11% | 10% | n/a | 4.9% | -7.8% |
| Pace Digitek PACEDIGITK.NS | India | $361M | -15% | +8% | 16% | n/a | n/a | n/a |
| SGC Energy 005090.KS | South Korea | $363M | -43% | -4% | 6% | 17.7× | n/a | n/a |
| Okinawa Electric Power 9511.T | Japan | $366M | +14% | -3% | -1% | 18.0× | n/a | n/a |
| eREX 9517.T | Japan | $370M | -26% | +3% | 3% | 11.0× | n/a | n/a |
| IPD IPG.AX | Australia | $372M | -18% | +17% | 11% | 15.9× | 5.6% | +28.5% |
| RattanIndia Power RTNPOWER.NS | India | $377M | -35% | -6% | 6% | n/a | n/a | n/a |
| Beijing Jingneng Thermal 002893.SZ | China | $387M | -11% | +15% | 8% | n/a | 9.9% | +7.0% |
| Dalian Thermal Power 600719.SS | China | $387M | -18% | +2% | 8% | n/a | n/a | n/a |
| Giga Solar Materials 3691.TWO | Taiwan | $403M | 0% | +88% | 2% | n/a | n/a | n/a |
| PTC India PTC.NS | India | $437M | -39% | +13% | 4% | 9.6× | -18.2% | -1.4% |
| Gallant Venture 5IG.SI | Singapore | $197M | -23% | +18% | 23% | n/a | n/a | n/a |
| Suwen Electric Energy Technology 300982.SZ | China | $448M | -41% | -55% | -13% | 10.4× | n/a | n/a |
| Hunan Chendian International Development 600969.SS | China | $453M | -18% | +4% | 3% | n/a | 0.2% | +6.4% |
| Acinque AC5.MI | Italy | $460M | -6% | -11% | 3% | n/a | 12.8% | +9.3% |
| Genie Energy GNE | United States | $466M | +23% | +10% | 3% | 18.3× | -3.6% | +7.1% |
| Hallador Energy HNRG | United States | $476M | -46% | +8% | 2% | 2,020.0× | n/a | n/a |