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Sichuan Energy Investment Development Co (1713) Fair Value & Analysis

Utilities · HK · Market cap HK$2.0B

SE Sichuan Energy Investment Development Co 1713 · HK
PriceHK$1.84
Fair ValueHK$5.23
Upside+184.2%
Quality44/100
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Expensive Growth
Thin margins · 5.8% net margin
Low debt · negative free cash flow
6.56% dividend yield
Ranks above peers (11/13)
Narrow moat 33/100
Evidence: High Range HK$3.69 – HK$6.54 Share as image

Fair value as of: Jul 5, 2026

From 16 valuation models · updated 36 days ago

Fair value updated Jul 5, 2026, revised from HK$7.13 to HK$5.23 (−26.6%) since Jul 2, 2026. Share price +1.1% over the past month.

Below-average quality, screening 184% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (44/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (HK$3.69). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

HK$2.94 HK$0.7113 Fair Value HK$5.23 Oct 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 5, 2026.

How to read this chart

60‑month range HK$0.7113 – HK$2.94 · fair‑value band HK$3.69 – HK$6.54 · the HK$1.84 price screens below the HK$5.23 fair value. Dashed = 300-day average. As of Jul 5, 2026.

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Analysis

Sichuan Energy Investment Development Co (1713) currently trades at HK$1.84, while our model-based Fair Value estimate is HK$5.23, implying the stock looks roughly 184.2% undervalued today. The Quality Score stands at 44/100 (below-average quality), in the Utilities sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Sichuan Energy Investment Development Co generated revenue of HK$5.0B at a net margin of 5.8%. Revenue declined 2.2% year over year. It earns a return on equity of 7.7%. Net debt stands at HK$624M. Fundamentals as of Jul 5, 2026

Our scenario range runs from HK$3.69 (bear case) to HK$6.54 (bull case); at HK$1.84, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 39% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Utilities peers we cover trades at -30% fair-value upside, at 184%, 1713 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income HK$2.74 HK$2.87 HK$2.96 76
ROIC Compounder HK$2.06 HK$2.34 HK$2.57 72
Gordon GGM HK$1.31 HK$2.36 HK$3.25 70
All 16 models by family
Earnings-Based
Graham-Dodd HK$1.81 HK$8.19 HK$11.22 54
Lynch FV HK$2.14 HK$3.05 HK$3.97 50
PEG = 1.0 HK$2.14 HK$3.05 HK$3.97 46
EPV HK$2.06 HK$2.34 HK$2.57 59
Dividend Discount
Gordon GGM HK$1.31 HK$2.36 HK$3.25 70
DDM Multi-Stage HK$1.31 HK$2.16 HK$2.52 61
Multiples
P/E Multiple HK$3.60 HK$4.80 HK$5.99 63
P/S Multiple HK$3.40 HK$4.53 HK$5.66 58
P/B Multiple HK$3.40 HK$4.53 HK$5.66 55
EV/EBIT HK$3.48 HK$4.63 HK$5.78 53
EV/EBITDA HK$4.19 HK$5.57 HK$6.96 54
EV/Revenue HK$2.82 HK$4.02 HK$5.22 43
Asset-Based
NCAV (Graham) HK$1.75 HK$2.34 HK$3.50 50
Economic Profit
Residual Income HK$2.74 HK$2.87 HK$2.96 76
ROIC Compounder HK$2.06 HK$2.34 HK$2.57 72
Growth Earnings
Growth-Adj P/E HK$3.19 HK$4.56 HK$5.92 68

Widest divergence: Growth Earnings (HK$4.56) versus Dividend Discount (HK$2.16). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) HK$5.0B
Revenue growth (YoY) -2.2%
Net margin 5.8%
Return on equity 7.7%
Free cash flow −HK$405M FY2025
P/E ratio 5.9
More key figures
Operating margin 7.2%
EPS (TTM) HK$0.1400
Dividend yield 6.6%
EPS growth (YoY) -45.7%
Net debt HK$624M FY2025

Figures from reported company fundamentals · as of Jul 5, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 44/100

Of which business quality 45 · Market factors (momentum, volatility) 32

Profitability 33
Margins and returns on capital today
Quality Growth 33
Are margins and returns improving?
Cashflow 38
Earnings quality: real cash, not paper profit
Fin. Strength 57
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 75
Calm price path (market factor)
Momentum 18
Price trend over the last 3–12 months (market factor)
52W Momentum 5
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Sichuan Energy Investment Development Co., Ltd., a vertically integrated power supplier and service provider primarily in Mainland China.

Full company description

Sichuan Energy Investment Development Co., Ltd., a vertically integrated power supplier and service provider primarily in Mainland China. The company generates electricity through hydropower plants; and distributes electricity to household, general industrial and commercial, large industrial, state grid, and other users through its grid transmission and distribution system, as well as step-up and step-down substations. It owns and operates an aggregate of 6 hydropower plants with a total installed capacity of 127,030 kW; 3 units of 220 kV substations with an aggregated capacity of 1,080,000 kilo-volt-ampere (kVA); 28 units of 110 kV substations with an aggregated capacity of 1,992,000 kVA; and 59 units of 35 kV substations with an aggregated capacity of 637,200 kVA. In addition, the company engages in electrical engineering construction activities; and the sale of electric equipment and materials. Sichuan Energy Investment Development Co., Ltd. was incorporated in 2011 and is headquartered in Chengdu, the People's Republic of China.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sichuan Energy Investment Development Co reported revenue of HK$5.0B in FY2025 versus HK$3.2B in FY2021, a compound +11.9%/yr. Reported net income was HK$286M in FY2025, compounding +1.5%/yr from FY2021.

Growth Quality 44/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
HK$5.0B
Latest YoY
+4.0%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+14.5%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.4%
Avg. growth/yr (10Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+11.9%
Revenue +11.9%/yr
FY21 HK$3.2B
FY22 HK$3.3B
FY23 HK$4.2B
FY24 HK$4.8B
FY25 HK$5.0B
Net income +1.5%/yr
FY21 HK$270M
FY22 HK$301M
FY23 HK$339M
FY24 HK$400M
FY25 HK$286M
Character of growth · EPS growth decomposed (2015-2025) +10.8 % p.a.
Revenue per share +9.1 pp

of which total revenue +12.9 pp · buybacks/dilution −3.8 pp

EBIT margin −2.6 pp
Tax rate −0.4 pp
Residual (interest, one-offs) +4.6 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Sichuan Energy Investment Development Co Fair Value". https://www.fairvalue-calculator.com/stock/1713

Peer Group

Utilities - Renewable · 220 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 44 · Above median
Fair Value upside +184% · Top 25%
Return on equity (TTM) 8% · Above median
Return on assets 3% · Above median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 7% · Below median
Revenue growth -2% · Below median
Dividend yield (TTM) 6.6% · Top 25%
Debt / equity 0.11× · Lower than 75% of peers

Valuation Multiples vs Utilities - Renewable median · lower = cheaper

P/E (TTM) 5.9× · Cheaper than 75% of peers
P/B 0.52× · Cheaper than median
P/S (TTM) 0.39× · Cheaper than 75% of peers
EV/EBITDA 3.0× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 12
FUTURE 0 · sector 0
PAST 31 · sector 12
HEALTH 95 · sector 68
DIVIDEND 100 · sector 48

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Utilities - Renewable stocks, each showing price versus our Fair Value estimate (as of Jul 5, 2026).

Stock Price Fair Value vs Fair Value
China Yangtze Power Co 600900 ¥27.99 ¥25.13 -10%
Ørsted A/S ORSTED kr 149.70 kr 31.40 -79%
Huaneng Lancang River Hydropower Inc 600025 ¥9.81 ¥5.57 -43%
Adani Green Energy Limited ADANIGREEN ₹1,537 ₹170.50 -89%
AXIA Energia SA AXIAP $10.74 $9.65 -10%
VERBUND AG OEWA €58.65 €66.19 +13%
BEP BEP $32.33 $73.35 +127%
BEPUN BEPUN C$44.56 C$10.15 -77%
Fortum Oyj FORTUM €19.89 €13.90 -30%
China Longyuan Power Group 001289 ¥16.21 ¥8.23 -49%

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Frequently asked questions

Is Sichuan Energy Investment Development Co (1713) overvalued or undervalued?
As of Jul 5, 2026, our model estimates a fair value of HK$5.23 versus a price of HK$1.84, about +184% (undervalued).
What is the fair value of 1713?
Our model-based fair value for Sichuan Energy Investment Development Co is HK$5.23 (as of Jul 5, 2026), built from audited fundamentals. The current price is HK$1.84.
What is the quality score of 1713?
Sichuan Energy Investment Development Co has a Quality Score of 44/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Sichuan Energy Investment Development Co (1713)?
Sichuan Energy Investment Development Co reported trailing-twelve-month revenue of about HK$5.0B (latest available figure, as of Jul 5, 2026).
What is the net profit margin of 1713?
The net profit margin of Sichuan Energy Investment Development Co is about 5.8%, meaning it keeps roughly 5.8% of revenue as net income. Based on the latest reported figures.
Does Sichuan Energy Investment Development Co pay a dividend?
Sichuan Energy Investment Development Co currently shows a dividend yield of about 6.56% relative to its recent price (as of Jul 5, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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