---
title: "协鑫新能源控股有限公司 (00451.HK)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/00451.HK.md"
symbol: "00451.HK"
name: "协鑫新能源控股有限公司"
industry: "独立电力和可再生能源电力生产商"
---

# 协鑫新能源控股有限公司 (00451.HK)

| Item | Detail |
|------|--------|
| Industry | 独立电力和可再生能源电力生产商 |
| Location | 港股市场 |
| Website | [www.gclnewenergy.com](https://www.gclnewenergy.com) |

## Company Profile

协鑫新能源控股有限公司是一家主要从事电力业务的投资控股公司。该公司从事太阳能发电站的开发、建设、运营和管理。该公司也从事电力销售业务。此外，本公司从事提供太阳能相关服务。

## Financial Score

> *Longbridge Financial Score™ — Proprietary multi-factor rating model by [Longbridge](https://longbridge.com). This score is independently calculated by Longbridge and is not affiliated with any third-party rating agency.*
> Updated: 2026-02-16T04:30:10.000Z

**Overall: C (0.50)**

**Industry**: Independent Power and Renewable Electricity Producers

| Metric | Value |
|--------|-------|
| Industry Ranking | 13 / 26 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 40.00% |  |
| Net Profit YoY | 46.72% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 1.42 |  |
| Dividend Ratio | 0.00% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 2.24B |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 1.37B |  |


**Multi Score**: C

#### Profit Score: E

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -35.49% | E |
| Profit Margin | -47.26% | E |
| Gross Margin | 11.50% | D |

#### Growth Score: A

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 40.00% | A |
| Net Profit YoY | 46.72% | B |
| Total Assets YoY | 8.93% | B |
| Net Assets YoY | 3.14% | C |

#### Cash Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | -211.61% | D |
| OCF YoY | 40.00% | A |

#### Operating Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.19 | D |

#### Debt Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 26.89% | B |


```chart-data:radar
{
  "title": "Longbridge Financial Score - 协鑫新能源控股有限公司",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "E",
      "indicators": [
        {
          "name": "ROE",
          "value": "-35.49%",
          "rating": "E"
        },
        {
          "name": "Profit Margin",
          "value": "-47.26%",
          "rating": "E"
        },
        {
          "name": "Gross Margin",
          "value": "11.50%",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "A",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "40.00%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "46.72%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "8.93%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "3.14%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "C",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "-211.61%",
          "rating": "D"
        },
        {
          "name": "OCF YoY",
          "value": "40.00%",
          "rating": "A"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "D",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.19",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "B",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "26.89%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | 中广核电力 (HK.1816) | B | D | D | D | C | C |
| 02 | 华润电力 (HK.836) | B | C | D | D | C | C |
| 03 | 华能国际电力股份 (HK.902) | C | C | C | D | C | C |
| 04 | 华电国际电力股份 (HK.1071) | C | D | C | D | C | C |
| 05 | 大唐发电 (HK.991) | C | C | C | D | C | C |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -3.41 | 23/26 | - | - | - |
| PB | 1.42 | 21/26 | 0.83 | 0.38 | 0.31 |
| PS (TTM) | 1.61 | 19/26 | 0.94 | 0.64 | 0.52 |
| Dividend Yield | 0.00% | - | - | - | - |

## Institutional View

### Analyst Rating Distribution

> As of 2023-02-15T16:00:00.000Z

Total Analysts: **1**

| Rating | Count | Percentage |
|--------|-------|-----------|
| Buy | 0 | 0% |
| Overweight | 0 | 0% |
| Hold | 0 | 0% |
| Underweight | 0 | 0% |
| Sell | 0 | 0% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 1.43 |

## References

- [Company Overview](https://longbridge.com/en/quote/00451.HK/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/00451.HK/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/00451.HK/topics.md) - Community topics and discussions

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.