Want to see HK:0987 full AI Analyst Report?
Top Page
China Renewable Energy Investment
(0987)
Select Model
Select Model
Rating:62Neutral
Price Target:
HK$0.21
▲(62.31% Upside)
Action:Downgraded
Date:08/17/26
The score is primarily supported by improving financial resilience—low and declining leverage and a strong 2025 free-cash-flow recovery—tempered by uneven operating profitability and low ROE. Technical indicators are broadly neutral with mild longer-term improvement. The biggest drag is valuation, with an extremely high P/E despite a moderate dividend yield.
Positive Factors
Improving balance sheet
Steadily lower leverage and a substantial equity base improve financial resilience, reduce dependence on external funding and give the company more capacity to absorb operating volatility or fund renewable assets through the cycle.
Negative Factors
Volatile operating performance
Repeated revenue declines and the 2023 EBIT loss show that operating performance has not yet demonstrated consistent resilience. This volatility makes future earnings and cash generation less predictable and limits confidence in sustained profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving balance sheet
Steadily lower leverage and a substantial equity base improve financial resilience, reduce dependence on external funding and give the company more capacity to absorb operating volatility or fund renewable assets through the cycle.
Read all positive factors
China Renewable Energy Investment (0987) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$513.76M
Dividend Yield2.44%
Average Volume (3M)788.33K
Price to Earnings (P/E)―
Beta (1Y)0.70
Revenue Growth-18.67%
EPS Growth-157.05%
CountryHK
Employees92
SectorUtilities
Sector Strength65
IndustryRenewable Utilities
Share Statistics
EPS (TTM)<0.01
Shares Outstanding2,506,157,500
10 Day Avg. Volume1,205,558
30 Day Avg. Volume788,329
Financial Highlights & Ratios
PEG Ratio0.93
Price to Book (P/B)0.17
Price to Sales (P/S)1.92
P/FCF Ratio1.69
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
China Renewable Energy Investment Business Overview & Revenue Model
Company Description
Operating as an investment holding company, China Renewable Energy Investment Limited primarily focuses on the renewable energy sector across the People's Republic of China. By the close of 2021, the firm managed a total power generating capacity ...
China Renewable Energy Investment Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
78
Positive
Cash Flow
74
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 172.22M | 163.06M | 181.34M | 197.18M | 250.25M |
| Gross Profit | 45.78M | 32.95M | 52.15M | 64.67M | 112.10M |
| EBITDA | 138.02M | 109.11M | 97.31M | 125.25M | 198.80M |
| Net Income | 19.49M | 16.48M | 23.28M | 31.11M | 113.35M |
Balance Sheet | |||||
| Total Assets | 2.18B | 2.13B | 2.25B | 2.62B | 2.91B |
| Cash, Cash Equivalents and Short-Term Investments | 429.27M | 232.17M | 164.29M | 232.41M | 197.18M |
| Total Debt | 204.72M | 227.63M | 287.80M | 605.90M | 754.48M |
| Total Liabilities | 278.09M | 309.53M | 377.23M | 704.26M | 864.74M |
| Stockholders Equity | 1.91B | 1.83B | 1.88B | 1.92B | 2.05B |
Cash Flow | |||||
| Free Cash Flow | 196.31M | 64.98M | 115.56M | 174.72M | 165.70M |
| Operating Cash Flow | 200.99M | 71.69M | 132.19M | 182.99M | 183.42M |
| Investing Cash Flow | 39.37M | 80.81M | 157.29M | 54.19M | 95.92M |
| Financing Cash Flow | -47.78M | -81.04M | -353.49M | -164.90M | -192.24M |
China Renewable Energy Investment Technical Analysis
Neutral
0.13
Price Trends
0.20
Positive
0.19
Positive
0.15
Positive
Market Momentum
<0.01
Negative
49.38
Neutral
78.26
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0987, the sentiment is Neutral. The current price of 0.13 is below the 20-day moving average (MA) of 0.20, below the 50-day MA of 0.20, and below the 200-day MA of 0.15, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 49.38 is Neutral, neither overbought nor oversold. The STOCH value of 78.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0987.
China Renewable Energy Investment Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
62 Neutral | HK$513.76M | -24.12 | -1.12% | 2.44% | -18.67% | -157.05% | |
57 Neutral | HK$1.63B | 13.88 | 1.88% | 7.45% | -0.74% | ― | |
48 Neutral | HK$1.58B | -1.36 | 156.85% | ― | 24.31% | -590.84% | |
46 Neutral | HK$121.98M | -0.24 | 24.82% | ― | ― | ― | |
43 Neutral | HK$984.05M | -0.69 | -185.82% | ― | -46.74% | -71.88% | |
38 Underperform | HK$2.71B | -54.49 | -0.49% | 0.87% | 3.80% | -106.51% |
* Utilities Sector Average
HK:0987
China Renewable Energy Investment
0.20
0.07
57.81%
HK:0182
Concord New Energy Group
0.35
-0.06
-14.18%
HK:1165
Shunfeng International Clean Energy
0.02
0.00
0.00%
HK:0451
GCL New Energy Holdings
0.55
-0.58
-51.77%
HK:1257
China Everbright Greentech Ltd.
0.78
-0.23
-22.77%
HK:0527
China Ruifeng Renewable Energy Holdings Ltd.
0.81
0.13
19.12%
China Renewable Energy Investment Corporate Events
China Renewable Energy Investment Wins Strong Shareholder Backing at AGM
Jun 5, 2026
China Renewable Energy Investment reported that all resolutions at its 5 June 2026 annual general meeting were approved by poll, including the adoption of the 2025 audited accounts, the declaration of both a final and a special dividend, and the r...
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.