China Resources Power (OTCMKTS:CRPJY – Get Free Report) and Enlight Renewable Energy (NASDAQ:ENLT – Get Free Report) are both utilities companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, institutional ownership, profitability, valuation, analyst recommendations, risk and earnings.
Earnings and Valuation
This table compares China Resources Power and Enlight Renewable Energy’s top-line revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
China Resources Power | $13.19 billion | 0.80 | $899.35 million | N/A | N/A |
Enlight Renewable Energy | $192.17 million | 9.99 | $24.75 million | N/A | N/A |
China Resources Power has higher revenue and earnings than Enlight Renewable Energy.
Profitability
Net Margins | Return on Equity | Return on Assets | |
China Resources Power | N/A | N/A | N/A |
Enlight Renewable Energy | 25.17% | 5.76% | 1.86% |
Analyst Recommendations
This is a summary of recent recommendations and price targets for China Resources Power and Enlight Renewable Energy, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
China Resources Power | 0 | 1 | 0 | 0 | 2.00 |
Enlight Renewable Energy | 0 | 0 | 5 | 0 | 3.00 |
Enlight Renewable Energy has a consensus price target of $21.50, indicating a potential upside of 29.44%. Given Enlight Renewable Energy’s stronger consensus rating and higher probable upside, analysts plainly believe Enlight Renewable Energy is more favorable than China Resources Power.
Institutional and Insider Ownership
32.9% of Enlight Renewable Energy shares are owned by institutional investors. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Summary
Enlight Renewable Energy beats China Resources Power on 8 of the 10 factors compared between the two stocks.
About China Resources Power
China Resources Power Holdings Company Limited, an investment holding company, invests in, develops, operates, and manages power plants and coal mines in the People's Republic of China. The company operates in two segments, Thermal Power and Renewable Energy. It operates and manages coal- and gas-fired power plants, wind farms, photovoltaic power plants, hydro-electric power plants, and other clean and renewable energy projects. As of December 31, 2022, the company had 42 coal-fired power plants, 159 wind farms, 38 photovoltaic power plants, 2 hydroelectric plants, and 5 gas-fired plants with total attributable operational generation capacity of 52,581 MW. It also engages in coal mining and marketing activities; and undertakes combined generation of heat and power, coal-electricity integration, and other projects. In addition, the company is involved in the distribution of energy, power sale, intelligent energy, coal mining, and other areas; and distribution network construction and operation, distributed energy resource, and other businesses. The company was incorporated in 2001 and is based in Wan Chai, Hong Kong. China Resources Power Holdings Company Limited is a subsidiary of CRH (Power) Limited.
About Enlight Renewable Energy
Enlight Renewable Energy Ltd operates as a renewable energy platform in Israel and internationally. The company initiates, plans, develops, constructs, and operates projects to produce electricity from renewable energy sources. It develops wind energy and solar energy projects, as well as energy storage projects. The company was incorporated in 1981 and is headquartered in Rosh HaAyin, Israel.
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