China Resources Power (OTCMKTS:CRPJY – Get Free Report) and Altus Power (NYSE:AMPS – Get Free Report) are both utilities companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, profitability, valuation, analyst recommendations, dividends, earnings and risk.
Volatility & Risk
China Resources Power has a beta of 0.57, indicating that its share price is 43% less volatile than the S&P 500. Comparatively, Altus Power has a beta of 1, indicating that its share price has a similar volatility profile to the S&P 500.
Dividends
China Resources Power pays an annual dividend of $2.11 per share and has a dividend yield of 5.1%. Altus Power pays an annual dividend of $1.59 per share and has a dividend yield of 54.1%. Altus Power pays out -3,180.0% of its earnings in the form of a dividend.
Valuation and Earnings
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
China Resources Power | $13.20 billion | 1.01 | $1.41 billion | N/A | N/A |
Altus Power | $166.44 million | 2.84 | -$9.35 million | ($0.05) | -58.80 |
China Resources Power has higher revenue and earnings than Altus Power.
Profitability
This table compares China Resources Power and Altus Power’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
China Resources Power | N/A | N/A | N/A |
Altus Power | -4.48% | -1.37% | -0.35% |
Analyst Ratings
This is a breakdown of recent ratings and recommmendations for China Resources Power and Altus Power, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
China Resources Power | 0 | 1 | 0 | 0 | 2.00 |
Altus Power | 0 | 1 | 6 | 2 | 3.11 |
Altus Power has a consensus price target of $6.63, suggesting a potential upside of 125.34%. Given Altus Power’s stronger consensus rating and higher possible upside, analysts clearly believe Altus Power is more favorable than China Resources Power.
Insider and Institutional Ownership
46.5% of Altus Power shares are owned by institutional investors. 24.3% of Altus Power shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Summary
Altus Power beats China Resources Power on 10 of the 15 factors compared between the two stocks.
About China Resources Power
China Resources Power Holdings Company Limited, an investment holding company, invests in, develops, operates, and manages power plants and coal mines in the People's Republic of China. The company operates in two segments, Thermal Power and Renewable Energy. It operates and manages coal- and gas-fired power plants, wind farms, photovoltaic power plants, hydro-electric power plants, and other clean and renewable energy projects. As of December 31, 2022, the company had 42 coal-fired power plants, 159 wind farms, 38 photovoltaic power plants, 2 hydroelectric plants, and 5 gas-fired plants with total attributable operational generation capacity of 52,581 MW. It also engages in coal mining and marketing activities; and undertakes combined generation of heat and power, coal-electricity integration, and other projects. In addition, the company is involved in the distribution of energy, power sale, intelligent energy, coal mining, and other areas; and distribution network construction and operation, distributed energy resource, and other businesses. The company was incorporated in 2001 and is based in Wan Chai, Hong Kong. China Resources Power Holdings Company Limited operates as a subsidiary of CRH (Power) Limited.
About Altus Power
Altus Power, Inc., a clean electrification company, develops, owns, constructs, and operates roof, ground, and carport-based photovoltaic solar energy generation and storage systems. It serves commercial, industrial, public sector, and community solar customers. Altus Power, Inc. was founded in 2013 and is headquartered in Stamford, Connecticut.
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