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GD Power Development Co (600795) Fair Value & Analysis

Utilities · CN · Market cap 84.5B CNY

GP GD Power Development Co 600795 · SHG
Price¥5.02
Fair Value¥6.83
Upside+36.1%
Quality45/100
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Expensive Growth
Thin margins · 4.0% net margin
High debt · generates free cash flow
5.06% dividend yield
Ranks above peers (10/14)
Narrow moat 37/100
Evidence: Medium Range ¥5.12 – ¥9.03 Share as image

Fair value as of: Jul 16, 2026

From 25 valuation models · updated 22 days ago

Share price +11.0% over the past month.

Below-average quality, screening 36% undervalued on our models.

What matters now

  • Solid quality (45/100) at a price below fair value, the discount is the argument here, not the business quality.
  • Our model range runs from ¥5.12 (bear) to ¥9.03 (bull), base ¥6.83. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 45/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

¥6.07 ¥2.00 Fair Value ¥6.83 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range ¥2.00 – ¥6.07 · fair‑value band ¥5.12 – ¥9.03 · the ¥5.02 price screens below the ¥6.83 fair value. Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

GD Power Development Co (600795) currently trades at ¥5.02, while our model-based Fair Value estimate is ¥6.83, implying the stock looks roughly 36.1% undervalued today. We read business quality at 45/100 (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: medium), always confirm before acting.

Over the trailing twelve months, GD Power Development Co generated revenue of 170B CNY at a net margin of 4.0%. Revenue declined 1.6% year over year. It earns a return on equity of 9.4%. Net debt stands at 230B CNY. Fundamentals as of Jul 16, 2026

Our scenario range runs from ¥5.12 (bear case) to ¥9.03 (bull case); at ¥5.02, 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 17% below its 52-week high and 12% 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 36%, 600795 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 BearBaseBull Evidence
Highest evidence
Growth DCF ¥1.90 ¥14.02 80
Residual Income ¥3.11 ¥3.60 ¥5.97 76
Rev-Margin DCF ¥9.70 ¥25.07 74
All 25 models by family
DCF Models
FCF DCF ¥0.5900 ¥14.13 38
5Y Revenue Exit ¥9.69 ¥27.13 39
5Y EBITDA Exit ¥7.22 ¥27.75 ¥59.31 41
5Y P/E Exit ¥0.8800 ¥8.25 38
10Y Revenue Exit ¥8.28 ¥24.61 36
10Y EBITDA Exit ¥3.63 ¥22.88 ¥57.93 37
10Y P/E Exit ¥0.8700 ¥10.24 35
Earnings-Based
Graham-Dodd ¥2.73 ¥17.64 ¥24.68 54
Lynch FV ¥5.12 ¥7.32 ¥9.51 50
PEG = 1.0 ¥5.12 ¥7.32 ¥9.51 46
EPV ¥0.2700 ¥1.69 59
Dividend Discount
Gordon GGM ¥5.47 ¥11.37 ¥18.05 70
DDM Multi-Stage ¥5.47 ¥9.59 ¥11.94 61
Multiples
P/E Multiple ¥6.02 ¥8.03 ¥10.04 63
P/S Multiple ¥5.12 ¥6.83 ¥8.53 58
P/B Multiple ¥5.12 ¥6.83 ¥8.53 55
EV/EBIT ¥5.59 ¥11.14 ¥16.69 53
EV/EBITDA ¥12.78 ¥20.73 ¥28.68 54
EV/Revenue ¥0.1600 ¥4.97 ¥9.78 43
Asset-Based
NCAV (Graham) ¥1.67 ¥2.23 ¥3.33 50
Growth DCF
Growth DCF ¥1.90 ¥14.02 80
Rev-Margin DCF ¥9.70 ¥25.07 74
Economic Profit
Residual Income ¥3.11 ¥3.60 ¥5.97 76
ROIC Compounder ¥0.2700 ¥1.69 72
Growth Earnings
Growth-Adj P/E ¥7.06 ¥10.09 ¥13.12 68

Widest divergence: Growth Earnings (¥10.09) versus Economic Profit (¥0.2700). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 170B CNY
Revenue growth (YoY) -1.6%
Net margin 4.0%
Return on equity 9.4%
Free cash flow 7.9B CNY FY2025
P/E ratio 12.5
More key figures
Operating margin 10.6%
EPS (TTM) ¥0.3800
Dividend yield 5.1%
EPS growth (YoY) -23.5%
Net debt 230B CNY FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 45/100

Of which business quality 39 · Market factors (momentum, volatility) 56

Profitability 25
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 58
Earnings quality: real cash, not paper profit
Fin. Strength 7
Balance sheet, leverage, solvency risk
Investment 37
Disciplined investing over empire-building
Low Volatility 90
Calm price path (market factor)
Momentum 43
Price trend over the last 3–12 months (market factor)
52W Momentum 38
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

GD Power Development Co.,Ltd operates as a power generation company in China. It operates through four segments: Thermal Power Generation, Hydropower Generation, New Energy Power Generation, and Other Segments. Its total installed capacity is approximately 3.89 billion kilowatts.

Full company description

GD Power Development Co.,Ltd operates as a power generation company in China. It operates through four segments: Thermal Power Generation, Hydropower Generation, New Energy Power Generation, and Other Segments. Its total installed capacity is approximately 3.89 billion kilowatts. GD Power Development Co.,Ltd was founded in 1992 and is headquartered in Beijing, China. GD Power Development Co.,Ltd operates as a subsidiary of China Energy Investment Corporation Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

GD Power Development Co reported revenue of ¥170B in FY2025 versus ¥168B in FY2021, a compound +0.3%/yr. Reported net income was ¥7.2B in FY2025.

Growth Quality 48/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
170B CNY
Latest YoY
−5.0%
Avg. growth/yr (3Y)
−4.4%
Avg. growth/yr (5Y)
+3.4%
Avg. growth/yr (31Y)
+26.7%
Revenue +0.3%/yr
FY21 ¥168B
FY22 ¥195B
FY23 ¥181B
FY24 ¥179B
FY25 ¥170B
Net income
FY21 −¥1.7B
FY22 ¥2.8B
FY23 ¥5.6B
FY24 ¥9.8B
FY25 ¥7.2B

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Cite: Fair Value Calculator (2026). "GD Power Development Co Fair Value". https://www.fairvalue-calculator.com/stock/600795

Peer Group

Utilities - Renewable · 213 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 45 · Above median
Fair Value upside +36% · Top 25%
Return on equity (TTM) 9% · Top 25%
Return on assets 3% · Above median
Net margin (TTM) 4% · Below median
Operating margin (TTM) 11% · Below median
Revenue growth -2% · Above median
Dividend yield (TTM) 5.1% · Top 25%
Debt / equity 3.59× · Higher than 75% of peers

Valuation Multiples vs Utilities - Renewable median · lower = cheaper

P/E (TTM) 12.5× · Cheaper than median
P/B 1.42× · Pricier than median
P/S (TTM) 0.50× · Cheaper than 75% of peers
P/FCF 1.6× · Cheaper than median
EV/EBITDA 6.6× · Cheaper than median

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 81 · sector 16
FUTURE 0 · sector 0
PAST 38 · sector 14
HEALTH 0 · sector 67
DIVIDEND 100 · sector 51

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 16, 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 GD Power Development Co (600795) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of ¥6.83 versus a price of ¥5.02, about +36% (undervalued).
What is the fair value of 600795?
Our model-based fair value for GD Power Development Co is ¥6.83 (as of Jul 16, 2026), built from audited fundamentals. The current price is ¥5.02.
What is the quality score of 600795?
GD Power Development Co has a Quality Score of 45/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of GD Power Development Co (600795)?
GD Power Development Co reported trailing-twelve-month revenue of about 170B CNY (latest available figure, as of Jul 16, 2026).
What is the net profit margin of 600795?
The net profit margin of GD Power Development Co is about 4.0%, meaning it keeps roughly 4.0% of revenue as net income. Based on the latest reported figures.
Does GD Power Development Co pay a dividend?
GD Power Development Co currently shows a dividend yield of about 4.67% relative to its recent price (as of Jul 16, 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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