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China Three Gorges Renewables (Group) Co (SHSE:600905) Price-to-Owner-Earnings : (As of May. 17, 2024)


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What is China Three Gorges Renewables (Group) Co Price-to-Owner-Earnings?

As of today (2024-05-17), China Three Gorges Renewables (Group) Co's share price is ¥4.66. China Three Gorges Renewables (Group) Co does not have enough data to calculate Owner Earnings per Share (TTM), so as pPrice-to-Owner-Earnings.


The historical rank and industry rank for China Three Gorges Renewables (Group) Co's Price-to-Owner-Earnings or its related term are showing as below:


SHSE:600905's Price-to-Owner-Earnings is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 9.64
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-05-17), China Three Gorges Renewables (Group) Co's share price is ¥4.66. China Three Gorges Renewables (Group) Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥0.25. Therefore, China Three Gorges Renewables (Group) Co's PE Ratio for today is 18.57.

As of today (2024-05-17), China Three Gorges Renewables (Group) Co's share price is ¥4.66. China Three Gorges Renewables (Group) Co's EPS without NRI for the trailing twelve months (TTM) ended in was ¥0.27. Therefore, China Three Gorges Renewables (Group) Co's PE Ratio without NRI for today is 17.39.

During the past 13 years, China Three Gorges Renewables (Group) Co's highest PE Ratio without NRI was 32.81. The lowest was 15.98. And the median was 20.72.


China Three Gorges Renewables (Group) Co Price-to-Owner-Earnings Historical Data

The historical data trend for China Three Gorges Renewables (Group) Co's Price-to-Owner-Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

China Three Gorges Renewables (Group) Co Price-to-Owner-Earnings Chart

China Three Gorges Renewables (Group) Co Annual Data
Trend Dec09 Dec10 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
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China Three Gorges Renewables (Group) Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of China Three Gorges Renewables (Group) Co's Price-to-Owner-Earnings

For the Utilities - Renewable subindustry, China Three Gorges Renewables (Group) Co's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Three Gorges Renewables (Group) Co's Price-to-Owner-Earnings Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Three Gorges Renewables (Group) Co's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where China Three Gorges Renewables (Group) Co's Price-to-Owner-Earnings falls into.



China Three Gorges Renewables (Group) Co Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

China Three Gorges Renewables (Group) Co's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=4.66/-0.36
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


China Three Gorges Renewables (Group) Co  (SHSE:600905) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


China Three Gorges Renewables (Group) Co Price-to-Owner-Earnings Related Terms

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China Three Gorges Renewables (Group) Co (SHSE:600905) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Gongyuan Street, Room 206-23, 2nd Floor, Building 1, Tongzhou District, Beijing, CHN, 101149
China Three Gorges Renewables, or CTGR, is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydro-electric power plants, and energy storage projects. CTGR has a total generation capacity of about 26.5 gigawatts as of the end of 2022. In particular, the firm is also one of the largest offshore wind farm operators in China, with 4.9 GW of installed capacity at the end of 2022, representing about 16% of China's total capacity. Parent company, China Three Gorges, a state-owned enterprise, owns approximately 52.4% of CTGR's issued shares as of the end of 2022.

China Three Gorges Renewables (Group) Co (SHSE:600905) Headlines

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