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China Suntien Green Energy

DB:9C6
Snowflake Description

Very undervalued with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
9C6
DB
HK$5B
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

China Suntien Green Energy Corporation Limited, together with its subsidiaries, explores for and utilizes new and clean energies in Mainland China. The last earnings update was 11 days ago. More info.


Add to Portfolio Compare Print
  • China Suntien Green Energy has significant price volatility in the past 3 months.
9C6 Share Price and Events
7 Day Returns
0%
DB:9C6
18.1%
DE Oil and Gas
7.3%
DE Market
1 Year Returns
-44%
DB:9C6
21.9%
DE Oil and Gas
-17.7%
DE Market
9C6 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
China Suntien Green Energy (9C6) 0% -27.9% -39% -44% -20.6% -27.2%
DE Oil and Gas 18.1% -15.9% -28.7% 21.9% -25.6% 137.4%
DE Market 7.3% -17.9% -25.8% -17.7% -25.6% -29%
1 Year Return vs Industry and Market
  • 9C6 underperformed the Oil and Gas industry which returned 21.9% over the past year.
  • 9C6 underperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
9C6
Industry
5yr Volatility vs Market

Value

 Is China Suntien Green Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of China Suntien Green Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for China Suntien Green Energy.

DB:9C6 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 7 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12.3%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:9C6
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.3%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.808 (1 + (1- 25%) (579.72%))
3.225
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 6.33%)
12.27%

Discounted Cash Flow Calculation for DB:9C6 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for China Suntien Green Energy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:9C6 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 12.27%)
2020 -3,191.00 Analyst x1 -2,842.26
2021 249.50 Analyst x2 197.94
2022 975.00 Analyst x1 688.99
2023 1,718.35 Est @ 76.24% 1,081.57
2024 2,633.39 Est @ 53.25% 1,476.38
2025 3,611.94 Est @ 37.16% 1,803.67
2026 4,547.23 Est @ 25.89% 2,022.56
2027 5,366.14 Est @ 18.01% 2,125.94
2028 6,036.33 Est @ 12.49% 2,130.10
2029 6,557.00 Est @ 8.63% 2,060.95
Present value of next 10 years cash flows CN¥10,745.00
DB:9C6 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CN¥6,557.00 × (1 + -0.39%) ÷ (12.27% – -0.39%)
CN¥51,591.04
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥51,591.04 ÷ (1 + 12.27%)10
CN¥16,215.75
DB:9C6 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥10,745.00 + CN¥16,215.75
CN¥26,960.75
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥26,960.75 / 3,715.16
CN¥7.26
DB:9C6 Discount to Share Price
Calculation Result
Exchange Rate CNY/HKD
(Reporting currency to currency of SEHK:956)
1.092
Value per Share
(HKD)
= Value per Share in CNY x Exchange Rate (CNY/HKD)
= CN¥7.26 x 1.092
HK$7.93
Non-primary Listing Adjustment Factor 1 share in DB:9C6 represents 0.1145x of SEHK:956
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.1145x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (HKD) x Listing Adjustment Factor
= HK$ 7.93 x 0.1145
€0.91
Value per share (EUR) From above. €0.91
Current discount Discount to share price of €0.15
= -1 x (€0.15 - €0.91) / €0.91
83.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price China Suntien Green Energy is available for.
Intrinsic value
>50%
Share price is €0.15 vs Future cash flow value of €0.90773
Current Discount Checks
For China Suntien Green Energy to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • China Suntien Green Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • China Suntien Green Energy's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for China Suntien Green Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are China Suntien Green Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:9C6 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CNY CN¥0.36
SEHK:956 Share Price ** SEHK (2020-03-30) in HKD HK$1.31
SEHK:956 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.915 CN¥1.2
Europe Oil and Gas Industry PE Ratio Median Figure of 105 Publicly-Listed Oil and Gas Companies 5.67x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.36x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of China Suntien Green Energy.

DB:9C6 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:956 Share Price ÷ EPS (both in CNY)

= 1.2 ÷ 0.36

3.32x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Suntien Green Energy is good value based on earnings compared to the Europe Oil and Gas industry average.
  • China Suntien Green Energy is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does China Suntien Green Energy's expected growth come at a high price?
Raw Data
DB:9C6 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3.32x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
10.6%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 65 Publicly-Listed Oil and Gas Companies 0.17x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

DB:9C6 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 3.32x ÷ 10.6%

0.31x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Suntien Green Energy is good value based on expected growth next year.
Price based on value of assets
What value do investors place on China Suntien Green Energy's assets?
Raw Data
DB:9C6 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CNY CN¥3.18
SEHK:956 Share Price * SEHK (2020-03-30) in HKD HK$1.31
SEHK:956 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.915 CN¥1.2
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 0.94x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.43x
DB:9C6 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:956 Share Price ÷ Book Value per Share (both in CNY)

= 1.2 ÷ 3.18

0.38x

* Primary Listing of China Suntien Green Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Suntien Green Energy is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess China Suntien Green Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. China Suntien Green Energy has a total score of 6/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is China Suntien Green Energy expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is China Suntien Green Energy expected to grow at an attractive rate?
  • China Suntien Green Energy's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • China Suntien Green Energy's earnings growth is positive but not above the Germany market average.
  • China Suntien Green Energy's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:9C6 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:9C6 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts 10.6%
DB:9C6 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 11.2%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:9C6 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:9C6 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 16,748 4,830 1,770 2
2021-12-31 15,087 5,086 1,721 7
2020-12-31 13,078 4,411 1,470 3
2020-03-30
DB:9C6 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-12-31 11,943 1,344
2019-09-30 11,636 3,637 1,351
2019-06-30 11,497 3,730 1,364
2019-03-31 10,736 3,443 1,302
2018-12-31 9,975 3,156 1,240
2018-09-30 8,344 2,426 1,109
2018-06-30 8,675 2,590 1,150
2018-03-31 7,866 2,616 1,045
2017-12-31 7,058 2,642 940
2017-09-30 6,281 2,453 865
2017-06-30 5,505 2,263 790
2017-03-31 4,944 1,928 666

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • China Suntien Green Energy's earnings are expected to grow by 10.6% yearly, however this is not considered high growth (20% yearly).
  • China Suntien Green Energy's revenue is expected to grow by 11.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:9C6 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from China Suntien Green Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:9C6 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.48 0.48 0.47 2.00
2021-12-31 0.46 0.54 0.41 7.00
2020-12-31 0.40 0.41 0.39 3.00
2020-03-30
DB:9C6 Past Financials Data
Date (Data in CNY Millions) EPS *
2019-12-31 0.36
2019-09-30 0.36
2019-06-30 0.37
2019-03-31 0.35
2018-12-31 0.33
2018-09-30
2018-06-30 0.31
2018-03-31 0.28
2017-12-31 0.25
2017-09-30 0.23
2017-06-30 0.21
2017-03-31 0.18

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • China Suntien Green Energy is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess China Suntien Green Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
China Suntien Green Energy has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has China Suntien Green Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare China Suntien Green Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • China Suntien Green Energy has delivered over 20% year on year earnings growth in the past 5 years.
  • China Suntien Green Energy's 1-year earnings growth is less than its 5-year average (8.4% vs 34.4%)
  • China Suntien Green Energy's earnings growth has exceeded the Europe Oil and Gas industry average in the past year (8.4% vs -4.1%).
Earnings and Revenue History
China Suntien Green Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from China Suntien Green Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:9C6 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 11,943.23 1,343.86 587.51
2019-09-30 11,635.53 1,351.19 560.89
2019-06-30 11,497.34 1,364.40 547.25
2019-03-31 10,736.37 1,302.09 524.70
2018-12-31 9,975.41 1,239.79 502.16
2018-09-30 8,343.70 1,108.53 391.13
2018-06-30 8,675.10 1,149.72 486.12
2018-03-31 7,866.34 1,044.67 469.77
2017-12-31 7,057.58 939.62 453.41
2017-09-30 6,281.15 864.66 392.10
2017-06-30 5,504.71 789.70 330.79
2017-03-31 4,944.27 665.64 316.51
2016-12-31 4,383.83 541.57 302.24
2016-09-30 4,159.45 393.61 290.65
2016-06-30 3,935.08 245.64 279.07
2016-03-31 4,079.64 206.99 275.90
2015-12-31 4,224.21 168.35 272.74
2015-09-30 4,597.38 296.46 261.13
2015-06-30 4,970.56 424.56 249.53
2015-03-31 5,059.99 379.81 252.68
2014-12-31 5,149.43 335.05 255.83
2014-09-30 5,086.52 325.66 256.63
2014-06-30 5,023.62 316.27 257.43
2014-03-31 4,842.27 387.89 248.52
2013-12-31 4,660.92 459.52 239.61
2013-09-30 4,363.08 489.16 224.17
2013-06-30 4,065.24 518.81 208.74
2013-03-31 3,883.66 534.25 201.88

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • China Suntien Green Energy has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • China Suntien Green Energy used its assets less efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.
  • China Suntien Green Energy has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess China Suntien Green Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
China Suntien Green Energy has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is China Suntien Green Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up China Suntien Green Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • China Suntien Green Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • China Suntien Green Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of China Suntien Green Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from China Suntien Green Energy Company Filings, last reported 2 months ago.

DB:9C6 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 14,749.66 24,409.51 2,341.16
2019-09-30 13,913.89 19,888.44 2,049.58
2019-06-30 13,770.83 21,436.72 2,169.95
2019-03-31 13,770.83 21,436.72 2,169.95
2018-12-31 12,396.55 21,326.96 2,240.33
2018-09-30
2018-06-30 11,713.04 19,882.15 2,269.04
2018-03-31 11,713.04 19,882.15 2,269.04
2017-12-31 10,501.09 18,924.74 2,110.04
2017-09-30 10,501.09 18,924.74 2,110.04
2017-06-30 10,204.97 18,712.57 2,142.01
2017-03-31 10,204.97 18,712.57 2,142.01
2016-12-31 9,533.93 17,045.47 1,491.17
2016-09-30 9,533.93 17,045.47 1,491.17
2016-06-30 9,251.80 16,063.98 2,316.11
2016-03-31 9,251.80 16,063.98 2,316.11
2015-12-31 8,900.52 15,826.12 3,368.61
2015-09-30 8,900.52 15,826.12 3,368.61
2015-06-30 8,994.53 12,463.19 3,300.39
2015-03-31 8,994.53 12,463.19 3,300.39
2014-12-31 8,762.39 11,025.99 3,397.42
2014-09-30 8,762.39 11,025.99 3,397.42
2014-06-30 8,297.99 10,266.37 3,815.31
2014-03-31 8,297.99 10,266.37 3,815.31
2013-12-31 7,106.57 8,903.56 1,819.59
2013-09-30 7,106.57 8,903.56 1,819.59
2013-06-30 6,897.22 7,731.78 1,492.56
2013-03-31 6,897.22 7,731.78 1,492.56
  • China Suntien Green Energy's level of debt (165.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (126% vs 165.5% today).
  • Debt is not well covered by operating cash flow (14.9%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.3x coverage).
X
Financial health checks
We assess China Suntien Green Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. China Suntien Green Energy has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is China Suntien Green Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from China Suntien Green Energy dividends. Estimated to be 13.64% next year.
If you bought €2,000 of China Suntien Green Energy shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate China Suntien Green Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate China Suntien Green Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:9C6 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 9.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:9C6 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.18 3.00
2021-12-31 0.16 7.00
2020-12-31 0.15 5.00
2020-03-30
DB:9C6 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2020-03-19 0.000 0.000
2019-03-12 0.125 6.618
2018-06-08 0.103 5.525
2017-03-21 0.063 3.982
2016-06-13 0.015 1.613
2015-04-16 0.031 3.151
2015-03-24 0.031 1.991
2014-06-06 0.046 2.930
2013-06-06 0.020 0.914
2012-03-30 0.058 4.430
2011-03-28 0.005 0.337

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as China Suntien Green Energy has not reported any payouts.
  • Unable to verify if China Suntien Green Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of China Suntien Green Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as China Suntien Green Energy has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.6x coverage).
X
Income/ dividend checks
We assess China Suntien Green Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can China Suntien Green Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. China Suntien Green Energy has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of China Suntien Green Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Chun Mei
COMPENSATION CN¥1,109,000
AGE 50
TENURE AS CEO 3 years
CEO Bio

Mr. Chun Xiao Mei has been the President of China Suntien Green Energy Corporation Limited since March 31, 2017 and as its Executive Director since June 8, 2017. Mr. Mei also serves as General Manager of HECIC New-energy Co., Ltd. Mr. Mei served as Vice President of China Suntien Green Energy Corporation Limited since June 06, 2013 until March 31, 2017. Mr. Mei served as Deputy General Manager and Chief Engineer of HECIC New-energy Since October 2010. Prior to, he served as the Chief Engineer and Assistant to General Manager of HECIC New-energy and Deputy General Manager of Hebei Weichang Longyuan Jiantou Wind Energy Co., Ltd. He graduated from the Beijing Jiaotong University with a Master's Degree in Electrical Engineering.

CEO Compensation
  • Chun's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Chun's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the China Suntien Green Energy management team in years:

6
Average Tenure
49.5
Average Age
  • The average tenure for the China Suntien Green Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Chun Mei

TITLE
CEO & Executive Director
COMPENSATION
CN¥1M
AGE
50
TENURE
3 yrs

Hong Wang

TITLE
Executive Director
COMPENSATION
CN¥1M
AGE
54

Wei Fan

TITLE
Chief Accountant
AGE
48
TENURE
6 yrs

Xiu Wang

TITLE
Manager of Business Planning Department & Employee Representative Supervisor
AGE
49
TENURE
6.7 yrs

Eva Lam

TITLE
Joint Company Secretary
AGE
53
TENURE
9.9 yrs

Ze Ban

TITLE
Joint Company Secretary & Secretary of the Board
AGE
41
TENURE
6 yrs
Board of Directors Tenure

Average tenure and age of the China Suntien Green Energy board of directors in years:

2.3
Average Tenure
51
Average Age
  • The average tenure for the China Suntien Green Energy board of directors is less than 3 years, this suggests a new board.
Board of Directors

Xin Cao

TITLE
Chairman
AGE
48
TENURE
7 yrs

Chun Mei

TITLE
CEO & Executive Director
COMPENSATION
CN¥1M
AGE
50
TENURE
2.8 yrs

Gang Qin

TITLE
Vice Chairman
AGE
44

Hong Wang

TITLE
Executive Director
COMPENSATION
CN¥1M
AGE
54
TENURE
6.8 yrs

Xiu Wang

TITLE
Manager of Business Planning Department & Employee Representative Supervisor
AGE
49
TENURE
2 yrs

Chun Wang

TITLE
Chairman of the Supervisory board
AGE
52
TENURE
2.3 yrs

Wei Xian Xie

TITLE
Independent Non-Executive Director
TENURE
0.8 yrs

Daniel Wan

TITLE
Independent Non-Executive Director
AGE
61
TENURE
0.8 yrs

Tao Lin

TITLE
Independent Non-Executive Director
TENURE
0.8 yrs

Lian Ping Li

TITLE
Non-Executive Director
AGE
57
TENURE
3.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
13. Mar 20 Sell GIC Pte. Ltd. Company 10. Mar 20 10. Mar 20 -10,911,000 €0.20 €-2,203,149
26. Feb 20 Sell GIC Pte. Ltd. Company 21. Feb 20 21. Feb 20 -1,000,000 €0.24 €-240,148
21. Feb 20 Sell National Council for Social Security Fund Company 19. Feb 20 19. Feb 20 -2,500,000 €0.24 €-599,914
11. Feb 20 Sell National Council for Social Security Fund Company 06. Feb 20 06. Feb 20 -1,500,000 €0.24 €-359,524
27. Jun 19 Buy Chun Mei Individual 27. Jun 19 27. Jun 19 50,000 €0.23 €11,709
09. May 19 Buy Xin Cao Individual 08. May 19 08. May 19 50,000 €0.25 €12,734
X
Management checks
We assess China Suntien Green Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. China Suntien Green Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

China Suntien Green Energy Corporation Limited, together with its subsidiaries, explores for and utilizes new and clean energies in Mainland China. The company operates through two segments, Natural Gas; and Wind Power and Solar Energy. The Natural Gas segment sells natural gas and gas appliances, as well as provides construction and connection services for natural gas pipelines. The Wind Power and Solar Energy segment engages in the development, management, and operation of wind power and solar energy plants; and generates and sells electric power for power grid companies. China Suntien Green Energy Corporation Limited also engages in the provision of investment and consulting services related to wind farms, as well as project investment, investment management, and technical development services; and investment and sale of solar energy appliances. As of December 31, 2018, the company owned 6 long-distance natural gas transmission pipelines, 14 high-pressure branch pipelines, 30 urban gas projects, 19 distribution stations, 11 gate stations, 7 compressed natural gas (CNG) refilling stations, and 7 CNG primary filling stations. It also had wind power consolidated installed capacity of 3,858.15 megawatts (MW), as well as attributable installed capacity of 3,482.75 MW. The company was founded in 2010 and is headquartered in Shijiazhuang, the People’s Republic of China. China Suntien Green Energy Corporation Limited Hebei is a subsidiary of Construction & Investment Group Co., Ltd.

Details
Name: China Suntien Green Energy Corporation Limited
9C6
Exchange: DB
Founded: 2010
HK$566,267,321
3,715,160,396
Website: http://www.suntien.com
Address: China Suntien Green Energy Corporation Limited
Yu Yuan Plaza,
9th Floor,
Shijiazhuang,
Hebei Province, China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 956 Foreign Shares-Foreign Listed The Stock Exchange of Hong Kong Ltd. HK HKD 13. Oct 2010
DB 9C6 Foreign Shares-Foreign Listed Deutsche Boerse AG DE EUR 13. Oct 2010
Number of employees
Current staff
Staff numbers
2,236
China Suntien Green Energy employees.
Industry
Oil and Gas Storage and Transportation
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 22:09
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2020/03/26
Last earnings filing: 2020/03/19
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.