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Guangzhou Development Group Inc
SSE:600098

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Guangzhou Development Group Inc
SSE:600098
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Price: 7.22 CNY 2.27% Market Closed
Market Cap: ¥25.3B

P/B

0.9
Current
9%
More Expensive
vs 3-y average of 0.9

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.9
=
Market Cap
¥24.6B
/
Total Equity
¥27.2B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.9
=
Market Cap
¥24.6B
/
Total Equity
¥27.2B

Valuation Scenarios

Guangzhou Development Group Inc is trading above its 3-year average

If P/B returns to its 3-Year Average (0.9), the stock would be worth ¥6.62 (8% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-8%
Maximum Upside
+163%
Average Upside
45%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.9 ¥7.22
0%
3-Year Average 0.9 ¥6.62
-8%
5-Year Average 0.9 ¥6.66
-8%
Industry Average 1.3 ¥9.74
+35%
Country Average 2.4 ¥18.99
+163%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
CN
Guangzhou Development Group Inc
SSE:600098
25.3B CNY 0.9 10.9
CA
Enbridge Inc
TSX:ENB
156.9B CAD 2.6 22.5
US
Williams Companies Inc
NYSE:WMB
87.6B USD 6.9 33.7
US
Enterprise Products Partners LP
NYSE:EPD
81.8B USD 2.8 14.2
US
Kinder Morgan Inc
NYSE:KMI
70.6B USD 2.3 23.2
US
Energy Transfer LP
NYSE:ET
65.9B USD 1.9 15.7
CA
TC Energy Corp
TSX:TRP
86.8B CAD 3.2 25.8
US
MPLX LP
NYSE:MPLX
56.7B USD 3.9 11.5
US
ONEOK Inc
NYSE:OKE
54.9B USD 2.5 16.2
US
Cheniere Energy Inc
NYSE:LNG
54.1B USD 6.8 10.1
US
Targa Resources Corp
NYSE:TRGP
51.5B USD 16.8 28

Market Distribution

Lower than 84% of companies in China
Percentile
16th
Based on 7 605 companies
16th percentile
0.9
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

Guangzhou Development Group Inc
Glance View

Market Cap
25.3B CNY
Industry
Energy

Guangzhou Development Group Inc., an established powerhouse in China's burgeoning energy sector, operates with a strategic focus on developing and managing a diverse portfolio of energy-related assets. The company's narrative is set against the dynamic backdrop of China's rapid urbanization and economic growth, which drives an insatiable demand for energy. Founded in the industrial heartland of Guangzhou, the company has carved out a significant niche in the realm of power generation, adhering to a broad vision of energy efficiency and sustainability. By leveraging its expertise in coal and natural gas-based energy production, Guangzhou Development Group aims to be a linchpin in powering the region's industrial and residential sectors. Its diversified approach includes investments in cleaner technologies and renewable energy sources, aiming to align with China's long-term carbon-neutral ambitions. At the core of Guangzhou Development Group's revenue model is its balanced portfolio of traditional and renewable energy projects. The company generates robust cash flows by operating several thermal power plants, which remain integral to the electricity supply in Guangdong province and beyond. Additionally, expanding its footprint in the natural gas market has positioned the company to buffer against the fluctuating coal market and embrace a cleaner future. By providing reliable energy while gradually pivoting towards sustainable sources like wind and solar, the company ensures steady profitability. Strategic partnerships and collaborations enhance its technical capabilities and market reach, allowing it to integrate smart grid innovations and optimize operational efficiencies. Through such measures, Guangzhou Development Group not only secures energy for today but also innovates for the challenges of tomorrow, solidifying its position as a key player in China's energy landscape.

Intrinsic Value
13.43 CNY
Undervaluation 46%
Intrinsic Value
Price ¥7.22
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