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Beijing Energy International Holding (0686) AI Stock Analysis

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HK:0686

Beijing Energy International Holding

(HKEX:0686)

Select Model
Rating:45Neutral
Price Target:HKD 0.62â–¼(-10.86% Downside)
Action:reiterated
Date:10/29/26

The score is primarily constrained by severe balance-sheet leverage, recent losses, and negative free cash flow. Revenue growth and operating cash generation provide support, while mixed technical signals and the high dividend yield offer limited additional strength.

Positive Factors
Operating profitabilityStrong operating and EBITDA margins indicate that the underlying power-generation portfolio can produce healthy operating returns even while below-the-line results are pressured. This resilience supports ongoing asset operations and provides an earnings base that may remain valuable over the next several quarters.
Negative Factors
Excessive leverageDebt equivalent to roughly 18.7 times equity makes the capital structure highly fragile and leaves a thin equity cushion relative to the asset base. Elevated leverage can absorb a larger share of operating performance through financing demands, limiting flexibility to invest, withstand setbacks, or allocate capital.

Beijing Energy International Holding (0686) vs. iShares MSCI Hong Kong ETF (EWH)

-50%-40%-30%-20%-10%0%10%20%HK:0686-36.25%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 241.88M
Dividend Yield
11.43%
Average Volume (3M)
241.11K
Price to Earnings (P/E)
-1.6
Beta (1Y)
0.70
Revenue Growth
-1.59%
EPS Growth
-305.60%
Country
Hong Kong
Employees
1,970
Sector
Utilities
Sector Strength
66
Industry
Renewable Utilities

Beijing Energy International Holding Business Overview & Revenue Model

Company Description

Beijing Energy International Holding Co., Ltd. operates as an investment holding firm primarily dedicated to the renewable energy sector. The company actively participates in the financing, construction, management, and ongoing operation of solar pow...

How the Company Makes Money

The company makes money primarily by owning and operating power generation projects and selling the electricity they produce. Its core revenue stream is electricity sales generated by its operating portfolio (notably renewable energy assets such as s...

Beijing Energy International Holding Financial Statement Overview

Summary

Revenue and operating cash flow have grown substantially, but recent net losses, margin compression, extreme leverage, negative equity returns, and deeply negative free cash flow materially weaken financial quality.

Income Statement

45Neutral

Balance Sheet

28Negative

Cash Flow

52Neutral
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue7.43B7.74B7.01B5.57B4.12B2.83B
Gross Profit6.69B7.26B6.65B5.38B3.99B2.74B
EBITDA5.43B5.88B5.33B4.48B3.41B2.38B
Net Income-450.34M-159.00M86.00M42.00M269.00M564.00M
Balance Sheet
Total Assets105.37B104.23B102.47B90.04B60.33B46.16B
Cash, Cash Equivalents and Short-Term Investments5.69B6.34B5.23B6.24B5.27B4.85B
Total Debt83.85B81.90B70.09B64.49B45.28B32.99B
Total Liabilities92.12B90.42B79.81B72.97B50.15B36.88B
Stockholders Equity3.99B4.37B15.53B9.25B5.99B6.09B
Cash Flow
Free Cash Flow2.45B2.22B-5.86B-12.48B-3.52B-1.86B
Operating Cash Flow5.95B6.70B6.19B4.33B2.90B986.00M
Investing Cash Flow-1.14B-4.65B-13.62B-17.52B-8.70B-6.58B
Financing Cash Flow-4.07B-1.20B6.62B14.18B6.09B8.87B

Beijing Energy International Holding Technical Analysis

Technical Analysis SentimentPositive
Last Price0.70

Price Trends

50DMA0.63Positive
100DMA0.72Negative
200DMA0.87Negative

Market Momentum

MACD0.01Negative
RSI72.46Negative
STOCH74.37Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0686, the sentiment is Positive. The current price of 0.70 is above the 20-day moving average (MA) of 0.59, above the 50-day MA of 0.63, and below the 200-day MA of 0.87, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 72.46 is Negative, neither overbought nor oversold. The STOCH value of 74.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0686.

Beijing Energy International Holding Peers Comparison

Overall Rating

UnderperformOutperform
Sector (66)

Financial Indicators

HK:0686 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
HK:3868HK:386866NeutralHKD 6.29B6.356.50%7.81%1.50%9.01%
Sector *66Neutral$17.65B18.105.60%3.62%6.62%11.55%
HK:0916HK:091652NeutralHKD 102.59B12.243.85%3.56%-6.03%-40.34%
HK:0579HK:057950NeutralHKD 12.86B4.736.76%10.15%-0.65%-23.33%
HK:0686HK:068645NeutralHKD 1.54B-1.59-10.77%11.43%-1.59%-305.60%
HK:0182HK:018242NeutralHKD 2.24B-44.74-0.49%1.03%3.80%-106.51%
HK:1798HK:179839UnderperformHKD 6.47B23.313.02%7.64%-5.89%-85.93%

* Utilities Sector Average

Performance Comparison

-60%-40%-20%0%20%HK:0686HK:0916HK:0182HK:3868HK:0579HK:1798Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:0686 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:0686Beijing Energy International Holding Co., Ltd.0.70-0.41-36.82%
HK:0916China Longyuan Power Group Corp Class H5.08-1.99-28.15%
HK:0182Concord New Energy Group 0.29-0.09-24.08%
HK:3868Xinyi Energy Holdings Limited0.73-0.50-40.75%
HK:0579Beijing Jingneng Clean Energy Co., Ltd. Class H1.56-0.65-29.41%
HK:1798China Datang Corp. Renewable Power Co. Ltd. Class H0.89-1.45-61.98%

Beijing Energy International Holding Corporate Events

Beijing Energy International’s ESG Rating Affirmed as Score Edges Higher

Oct 28, 2026

Sustainable Fitch has affirmed Beijing Energy International Holding Co., Ltd.’s ESG Entity Rating at “2” and lifted its entity score from 80 to 81 as of 28 October 2026. The higher score reflects growing recognition of the company&#...

Beijing Energy International Plans RMB2.9 Billion Asset‑Backed Note and Very Substantial Disposal

Oct 26, 2026

Beijing Energy International Holding plans a major asset‑backed note issuance on China’s interbank bond market, aiming to register and issue about RMB2.9 billion of ABN to securitize assets held by subsidiary BEIED and raise funds for the...

Beijing Energy International Posts Strong Power Output in Q3 2026

Oct 21, 2026

Beijing Energy International reported that its 271 power plants generated approximately 7.99 million megawatt-hours of electricity in the third quarter of 2026, bringing total output for the first nine months of the year to about 20.72 million megawa...

Beijing Energy International Shareholders Back Disposal Deal at Special Meeting

Oct 16, 2026

Beijing Energy International Holding Co., Ltd., a Hong Kong-listed energy company incorporated in Bermuda, focuses on investment and operation of power-related assets and adheres to prevailing corporate governance and voting practices under local lis...

Beijing Energy International Signs Major EPC Deals for Two Hebei Wind Farms

Sep 30, 2026

Beijing Energy International Holding’s subsidiary Jingcang New Energy has signed two engineering, procurement and construction contracts with CCSEB and PowerChina Beijing for separate 50MW wind farm facilities in Yuqiao Town and Zhaowang Town i...

Beijing Energy International Calls October SGM to Approve Disposal and Trust Contract

Sep 28, 2026

Beijing Energy International Holding has called a special general meeting for 16 October 2026 in Hong Kong, with a branch venue in Beijing, to seek shareholder approval for a proposed disposal and a related trust contract. The resolution would also a...

Beijing Energy International Overhauls Key Governance Roles in Hong Kong

Sep 24, 2026

Beijing Energy International Holding Co., Ltd., an energy-sector company listed on the Hong Kong Stock Exchange, maintains a governance structure that includes executive, non-executive and independent non-executive directors. Its compliance and corpo...

Beijing Energy International posts stronger operating cash flow in 2026 interim update

Aug 31, 2026

Beijing Energy International Holding has released its interim condensed consolidated statement of cash flows for the six months ended 30 June 2026, aligning disclosures between the Hong Kong and Shanghai exchanges. The update follows earlier interim...

Beijing Energy Plans RMB2.6 Billion ABCP Deal via Very Substantial Disposal

Aug 26, 2026

Beijing Energy International Holding has agreed that its subsidiary BEIED will entrust underlying assets to China Industrial International Trust under a new trust contract, forming the basis for an asset-backed commercial paper issuance. The transact...

Beijing Energy International Lifts Clean Energy Capacity and Output in First Half 2026

Aug 25, 2026

Beijing Energy International reported continued expansion of its clean energy portfolio for the six months ended 30 June 2026, adding plants across solar, wind, gas-fired power and energy storage. Total grid-connected installed capacity rose to 14,99...

Beijing Energy International Wins RMB236 Million Campus Energy Project in Beijing

Aug 20, 2026

Beijing Energy International Holding has secured a 20-year integrated energy project for the New Campus of Beijing University of Technology in Beijing, with its subsidiary Jingneng Smart Energy appointed as contractor and service provider. The compan...

Beijing Energy International Sets Board Meeting to Approve 2026 Interim Results

Aug 13, 2026

Beijing Energy International Holding has scheduled a board meeting for 25 August 2026 to review and approve the interim results for the six months ended 30 June 2026. The board will also consider the declaration of an interim dividend, signaling pote...

Beijing Energy International Flags First-Half Loss Despite Capacity Growth

Aug 7, 2026

Beijing Energy International has warned that it expects to swing to a consolidated net loss of about RMB70 million for the first half of 2026, with a loss of around RMB120 million attributable to equity holders, compared with a solid profit in the sa...

Beijing Energy International Updates Bermuda Registered Office Address

Jul 31, 2026

Beijing Energy International Holding Co., Ltd. announced a change of its registered office address in Bermuda, effective 3 August 2026, relocating to Richmond House, 12 Par-la-Ville Road, Hamilton HM 08. The company emphasized that the address of its...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 29, 2026