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C

CGN New Energy Holdings Co 1811.HK · HKD

Utilities · HKEX · 🇭🇰 Hong Kong

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2.13

+0.47%

Close of 9 Nov 2026, in HKD

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At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$13.30bn

FY2016FY2025

Net income

$2.17bn

FY2016FY2025

Free cash flow

−$865.2m

FY2016FY2025

Shareholders' equity

$14.69bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$13.30bn$2.27bn$2.55bn$2.83bn$2.07bn$1.34bn$1.49bn$1.58bn$1.29bn$1.25bn
Operating income$3.78bn$615.3m$643.4m$686.7m$558.5m$334.8m$269.7m$232.0m$307.1m$206.6m
Net income$2.17bn$288.8m$311.7m$227.3m$284.5m$188.8m$129.5m$102.7m$72.1m$92.6m
Diluted earnings per share0.510.070.070.050.070.040.030.020.020.02

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$71.29bn$10.15bn$9.72bn$9.72bn$10.17bn$8.12bn$6.26bn$4.82bn$4.36bn$4.07bn
Cash and short-term investments$1.83bn$184.4m$351.3m$529.9m$440.4m$464.5m$450.4m$294.7m$282.8m$380.3m
Total liabilities$55.35bn$8.10bn$7.76bn$7.97bn$8.43bn$6.61bn$5.09bn$3.71bn$3.24bn$3.13bn
Debt$51.44bn$6.37bn$5.91bn$5.93bn$6.30bn$5.11bn$3.70bn$2.71bn$2.40bn$2.40bn
Shareholders' equity$14.69bn$1.88bn$1.80bn$1.59bn$1.60bn$1.41bn$1.08bn$1.01bn$1.02bn$827.8m
Shares outstanding4,289m4,289m4,291m4,291m4,291m4,291m4,291m4,291m4,291m4,291m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$5.03bn$585.4m$793.7m$748.1m$403.7m$299.2m$337.0m$359.4m$327.1m$334.9m
Capital spending−$5.89bn−$1.08bn−$750.7m−$422.5m−$1.47bn−$1.62bn−$1.36bn−$566.1m−$166.5m−$38.3m
Free cash flow−$865.2m−$493.6m$43.0m$325.6m−$1.06bn−$1.32bn−$1.02bn−$206.7m$160.6m$296.6m
Dividends paid−$487.0m−$77.9m−$45.5m−$43.0m−$79.5m−$79.5m−$25.5m−$18.0m−$23.5m−$22.0m

Latest quarters

By quarter end

Jun 2026Dec 2025Jun 2025Dec 2024Jun 2024Dec 2023Jun 2023Dec 2022
Revenue$6.05bn$6.57bn$6.72bn$1.13bn$1.14bn$1.13bn$1.43bn$1.51bn
Operating income$1.46bn$1.78bn$1.99bn$261.4m$353.9m$242.1m$401.3m$302.9m
Net income$642.2m$882.7m$1.28bn$75.2m$213.7m$81.4m$230.4m$20.1m
Diluted earnings per share0.150.210.300.020.050.020.050.00
Cash from operations—$3.28bn$2.38bn$280.0m$304.0m$397.0m$396.0m$373.0m
Capital spending—−$2.70bn−$3.13bn−$584.0m−$450.0m−$532.0m−$214.0m−$137.0m
Free cash flow—$580.0m−$742.0m−$304.0m−$146.0m−$135.0m$182.0m$236.0m
Total assets$73.39bn$71.29bn$71.55bn$10.15bn$9.78bn$9.72bn$9.46bn$9.72bn
Cash and short-term investments$1.96bn$1.83bn$1.72bn$184.4m$142.0m$351.3m$416.8m$529.9m
Debt$15.22bn$51.44bn$52.30bn$7.42bn$6.91bn$6.88bn$6.70bn$6.91bn
Shareholders' equity$14.79bn$14.69bn$13.85bn$1.88bn$1.89bn$1.80bn$1.71bn$1.59bn

Financial ratios

Data as of 3 Nov 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin28.4%27.1%25.2%24.3%27.0%25.0%
Net margin16.3%12.7%12.2%8.0%13.8%14.1%
Return on equity14.8%15.3%17.3%14.3%17.8%13.4%
Return on assets3.0%2.8%3.2%2.3%2.8%2.3%
Free cash flow yield15.5%15.9%14.7%11.2%17.8%18.3%
Revenue growth-13.1%-11.0%-9.8%36.9%54.4%-9.9%
Earnings growth11.4%-7.3%37.2%-20.1%50.7%45.8%
Current ratio0.55x0.74x0.88x0.77x0.59x0.61x
Debt to equity3.46x3.90x3.80x4.33x4.57x4.20x
Equity ratio20.6%18.6%18.5%16.3%15.7%17.4%
Interest coverage3.02x2.92x2.60x2.60x2.55x1.98x
Buybacks as a share of market value0.0%0.0%0.0%0.0%0.0%0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue67.5%58.3%25.8%
Operating income76.5%62.4%35.2%
Net income112.0%62.9%33.4%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin28.2%27.3%27.2%25.0%
Net margin15.8%14.3%14.2%12.7%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings0.64.63.56.515.83.64.75.88.46.9
Price to sales0.10.60.40.52.20.50.40.40.50.5

Dividends and splits

Per share, in the currency the company pays

Paid for 5 years. Last went ex-dividend on 22 Sept 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2019FY2018
Paid in the year0.0230.1130.1220.0710.0670.0010.040.028

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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