EN DE
STOCK COMPARISON

China Three Gorges New Energy Group Co vs China Yangtze Power Co: Fair Value & Quality

Both stocks run through our valuation models. Here is how China Three Gorges New Energy Group Co (600905) and China Yangtze Power Co (600900) compare, as of Aug 8, 2026.

As of Aug 8, 2026, Fair Value Calculator sees China Yangtze Power Co as the less overvalued of the two: China Three Gorges New Energy Group Co trades at ¥3.80 versus a fair value of ¥2.48 (-35%), while China Yangtze Power Co trades at ¥27.75 versus ¥25.13 (-9%).
China Three Gorges New Energy Group Co
600905.SHG · CNY · Utilities
-35%
upside to fair value
overvalued
Price¥3.80
Fair Value¥2.48
Quality43/100
China Yangtze Power Co
600900.SHG · CNY · Utilities
-9%
upside to fair value
fairly valued
Price¥27.75
Fair Value¥25.13
Quality61/100

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

China Three Gorges New Energy Group CoChina Yangtze Power Co
Valuation
47.1×P/E (TTM)19.0×
3.89×P/S (TTM)7.84×
1.22×P/B2.94×
12.3×EV/EBITDA13.1×
0.80×PEG
1.1%Dividend yield3.6%
¥0.04Dividend per share¥1.00
Profitability
8%Net margin41%
31%Operating margin49%
2%Return on equity16%
1%Return on assets5%
Growth
-9%Revenue growth (YoY)6%
6.0%Avg. growth/yr (3Y)8.4%
20.2%Avg. growth/yr (5Y)8.7%
Balance & size
1.91×Debt / equity0.87×
$16BMarket cap$101B
mixedGrowth qualityexpensive

China Yangtze Power Co leads: 4 to 9 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

China Three Gorges New Energy Group Coof which business quality 37 · market factors 47 China Yangtze Power Coof which business quality 54 · market factors 63
ProfitabilityMargins and returns on capital today
23
44
Quality GrowthAre margins and returns improving?
38
28
CashflowEarnings quality: real cash, not paper profit
50
86
Fin. StrengthBalance sheet, leverage, solvency risk
9
36
InvestmentDisciplined investing over empire-building
36
65
Low VolatilityCalm price path (market factor)
99
100
MomentumPrice trend over the last 3–12 months (market factor)
30
44
52W MomentumDistance to the 52-week high (market factor)
19
53
Net IssuanceBuybacks instead of dilution
82
69

What the models say

The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.

China Three Gorges New Energy Group Co

Earnings-Based¥3.19
Dividend Discount¥3.74
Multiples¥2.21
Asset-Based¥2.08
Economic Profit¥2.37
Growth Earnings¥4.04

9 of 13 models see the stock below the current price.

China Yangtze Power Co

DCF Models¥29.14
Earnings-Based¥17.18
Dividend Discount¥26.19
Multiples¥23.47
Asset-Based¥6.38
Growth DCF¥22.39
Economic Profit¥10.45
Growth Earnings¥26.29

16 of 26 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

China Three Gorges New Energy Group Co
Bear ¥2.23Fair Value ¥2.48Bull ¥2.76
¥3.80 = current price (white tick)
China Yangtze Power Co
Bear ¥17.43Fair Value ¥25.13Bull ¥31.42
¥27.75 = current price (white tick)

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

China Three Gorges New Energy Group Co · Utilities

Quality score43 · below median
Fair value upside-35% · below median

China Yangtze Power Co · Utilities

Quality score61 · Top 25%
Fair value upside-9% · above median

Bottom line

As of Aug 8, 2026, Fair Value Calculator sees China Yangtze Power Co as the less overvalued of the two: China Three Gorges New Energy Group Co trades at ¥3.80 versus a fair value of ¥2.48 (-35%), while China Yangtze Power Co trades at ¥27.75 versus ¥25.13 (-9%).

China Yangtze Power Co has the higher quality score (61/100).

See the full analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.