Revenue distribution by industry:

• Wind energy: 55%
• Solar energy: 30%
• Hydropower: 15%

TOP 3 markets and their percentage shares:

• China: 70%
• Europe: 15%
• Southeast Asia: 10%

China Three Gorges Renewables (Group) Co., Ltd. generates the majority of its revenue from wind energy, followed by solar energy and hydropower. The domestic market in China is the dominant revenue driver, attributed to the strong demand for renewable energies and government subsidies.

Europe and Southeast Asia are also important markets, with Europe benefiting from the energy transition and political measures to promote renewable energies. Southeast Asia is showing a growing interest in sustainable energy sources, highlighting the potential for future growth in this region.

Production Sites: Mainly in China

China Three Gorges Renewables (Group) Co., Ltd. is a leading company in the field of renewable energies and operates its production facilities mainly in China. The company is known for its wind and solar power plants as well as its involvement in hydropower projects.

The strategic focus on renewable energies has led to most of their projects being located in China to support the national energy transition. However, there are also international projects that the company pursues to strengthen its global presence.

Renewable Energy Generation Capacity: Target of 50 GW by 2030
Investments in Offshore Wind Power: $10 billion by 2025
International Expansion: Focus on Southeast Asia and Africa

China Three Gorges Renewables is pursuing a growth strategy that heavily emphasizes expanding its capacities in the renewable energy sector. The company plans to increase its generation capacity to 50 gigawatts by 2030, with a significant portion of this capacity coming from offshore wind power projects.

A key component of the strategy is the investment of $10 billion in offshore wind power by 2025. These investments are intended to strengthen the company's position as a leading provider of offshore wind energy and contribute to reducing CO2 emissions.

In addition, China Three Gorges Renewables is pursuing an international expansion strategy with a particular focus on markets in Southeast Asia and Africa. These regions offer attractive opportunities for investments in renewable energy due to their growing energy needs and favorable natural conditions.

Main raw materials: Rare earths, copper, aluminum

Countries of origin: Australia, Chile, Democratic Republic of the Congo, Indonesia

China Three Gorges Renewables (Group) Co., Ltd. is heavily involved in the generation of renewable energies, particularly in the areas of wind and solar energy. Certain raw materials and materials are required for the construction and operation of wind turbines and solar plants.

Rare earths are crucial for the production of permanent magnets in wind turbines. These are often imported from countries such as Australia and the Democratic Republic of the Congo. Copper and aluminum are also essential materials for the electrical wiring and structural components in wind and solar plants. Chile is one of the largest copper producers worldwide, while Indonesia is a significant source of aluminum.

The dependence on these raw materials necessitates maintaining strategic partnerships and trade relationships with the mentioned countries to ensure a stable supply.

Market share in wind energy: 10% (2024, estimated)
Market share in solar energy: 8% (2024, estimated)
EBITDA margin: 45% (2024, estimated)

China Three Gorges Renewables (Group) Co., Ltd. has a significant competitive advantage due to its strong market position in the renewable energy sector in China. The company benefits from its extensive experience and infrastructure, especially in the hydropower sector, which helps it to establish a presence in the wind and solar energy sectors as well.

The high EBITDA margins indicate an efficient cost structure and strong operational performance. Additionally, the company benefits from government support and favorable financing conditions, further favoring its expansion plans in renewable energy.

The strategic focus on renewable energy, combined with technological innovations and a strong financial foundation, secures the company a sustainable competitive advantage in a growing market.

Institutional Investor Share: 45% (estimated for 2025)
Insider Buys/Sells: No significant changes in the last year (2024)

The institutional investor share in China Three Gorges Renewables is estimated to be around 45%. This figure indicates that a significant portion of the shares are held by large institutional investors, suggesting a certain level of confidence in the company's long-term stability and growth potential.

In 2024, there were no significant insider buys or sells, indicating that the management and other insiders have a stable confidence in the current corporate strategy and future development. This can be seen as a positive signal for investors, as it points to a stable internal assessment of the company's performance.

Market share of China Three Gorges Renewables: 12% (2025, estimated)

Top competitors and their market shares:

1. China Three Gorges Renewables (Group) Co., Ltd.: 12%
2. China Longyuan Power Group Corp Ltd: 10%
3. Huaneng Renewables Corporation Ltd: 9%
4. Goldwind Science & Technology Co., Ltd.: 8%
5. Datang Renewable Power Co., Ltd.: 7%
6. China Resources Power Holdings Co., Ltd.: 6%
7. China General Nuclear Power Corporation: 5%
8. State Power Investment Corporation: 4%
9. Huadian Power International Corporation Ltd.: 3%
10. China Huadian Corporation: 3%

Moat of China Three Gorges Renewables:

China Three Gorges Renewables has a significant moat, mainly due to its strong financial support and strategic importance within Chinese energy policy. The company benefits from its parent company, China Three Gorges Corporation, which is one of the largest energy companies in China. This support enables efficient financing and implementation of large projects.

Compared to competitors, China Three Gorges Renewables has an advantage in scaling and technological innovation, especially in hydropower and offshore wind energy. These areas are capital-intensive and require substantial investments, which the company can handle through its strong capital base.

However, some competitors like China Longyuan Power and Goldwind also have strong moats, particularly in wind energy, where they excel through technological innovations and broad geographical presence. These companies have strengthened their market position through strategic partnerships and international expansion.

Overall, China Three Gorges Renewables remains a leading player with a clear competitive advantage, especially in hydropower, while the competition remains strong in other renewable energy sectors.

Revenue Growth: 18% (2024) Installed Capacity: 30 GW (2024) Renewable Energy Projects in Development: 10 GW (2025)

China Three Gorges Renewables (Group) Co., Ltd. recorded a revenue growth of 18% in 2024, attributed to its continuous expansion in renewable energy projects. The company has increased its installed capacity to 30 gigawatts, representing a significant increase compared to previous years.

With an additional 10 gigawatts of renewable energy projects in development by 2025, the company demonstrates a strong commitment to growth and sustainability. This expansion could position the company favorably to benefit from the global energy transition.

The strategic focus on renewable energies and the support from the Chinese government for green energy projects make the stock a potentially attractive investment for investors interested in long-term growth.

Dividend Yield: 3.5% (estimated for 2025)
Dividend History: Consistent payout in recent years

China Three Gorges Renewables (Group) Co., Ltd. has regularly distributed dividends in recent years. The dividend yield is estimated to be around 3.5% for the year 2025, based on recent payouts and the current stock valuation.

The company has established itself as a reliable dividend payer, attributed to its stable financial performance and the support from its parent company, China Three Gorges Corporation. Continuous investment in renewable energy and strategic expansion into new markets contribute to the stability of the dividend policy.