CGN Power Co Ltd Class H
01816: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|S> | LOCK|@# | LOCK|n^j?l< |
CGN Power Earnings: Disappointing Results Due to Lower Tariff and Higher Costs, Shares Overvalued
While CGN Power’s 2024 total on-grid power generation rose 6.1% year on year, net profit was only up 0.8%, largely attributable to a 3.9% drop in average market-based tariff and higher operating costs, including nuclear fuel, depreciation, and income tax.
