Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
600900.SS
HOLDFLAGChina Yangtze Power Co., Ltd. · Utilities · China · $100.4B · Avg Vol: $480M/d
China Yangtze Power is an incredibly high-quality utility operating the world's largest hydropower assets, offering stable, bond-like cash flows and a massive economic moat. However, as a highly regulated domestic utility, it lacks the asymmetric growth profile and dynamic macro tailwinds required to drive a high-conviction 18-month outperformance thesis.
COMPANY DESCRIPTION
China Yangtze Power is the world's largest hydropower generation company, operating massive cascade hydro projects including the Three Gorges and Baihetan dams. The company's competitive moat is unmatched, consisting of irreplaceable physical assets, exceptionally low operating costs, and highly predictable long-term cash flows. It is a premier defensive utility stock and a cornerstone of China's clean energy grid.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 10.2B | 11.5B | 12.5B | 12.7B | 7.8% |
| EPS | 0.14 | 0.16 | 0.20 | 0.21 | 13.3% |
| Shares | 22.7B | 24.5B | 24.5B | 24.5B | +7.6% |
| Debt | 41.7B | 46.6B | 44.0B | 42.6B | 0.7% |
| Equity | 33.6B | 29.8B | 31.1B | 32.7B | -0.9% |
| Op CF | 6.4B | 9.6B | 8.8B | 9.0B | 11.7% |
| Inv CF | -1.7B | -1.9B | -1.6B | -2.7B | — |
| Fin CF | -4.7B | -8.1B | -7.4B | -6.6B | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of 600900.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 600900.SS | China Yangtze Power Co., Ltd.(you) | $100.4B | 58 | HOLD |
| 600886.SS | SDIC Power Holdings Co., Ltd | $16.9B | 60 | HOLD |
| ORSTED.CO | Ørsted A/S | $33.9B | 43 | HOLD |
| AXIA | AXIA Energia SA | $23.4B | 68 | BUY |
| 9503.T | The Kansai Electric Power Company, Incorporated | $16.3B | 62 | HOLD |
| MEZ.AX | Meridian Energy Limited | $9.3B | 60 | HOLD |
| 600025.SS | Huaneng Lancang River Hydropower Inc. | $27.3B | 32 | SELL |
| BKW.SW | BKW AG | $10.0B | 50 | HOLD |
| CWEN | Clearway Energy, Inc. | $9.8B | 50 | HOLD |
| OEWA.DE | VERBUND AG | $24.4B | 86 | STRONG BUY |
Peer medians: ROE 8.0% · P/E 18.8x · Gross margin 34.0%