Evergy (NASDAQ:EVRG – Get Free Report) and China Resources Power (OTCMKTS:CRPJY – Get Free Report) are both large-cap utilities companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, earnings, analyst recommendations, valuation, profitability, dividends and risk.
Analyst Ratings
This is a summary of current ratings for Evergy and China Resources Power, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Evergy | 0 | 0 | 8 | 1 | 3.11 |
China Resources Power | 0 | 0 | 1 | 0 | 3.00 |
Evergy currently has a consensus price target of $74.44, suggesting a potential upside of 4.33%. Given Evergy’s stronger consensus rating and higher possible upside, equities research analysts plainly believe Evergy is more favorable than China Resources Power.
Institutional & Insider Ownership
Risk and Volatility
Evergy has a beta of 0.58, meaning that its share price is 42% less volatile than the S&P 500. Comparatively, China Resources Power has a beta of 0.65, meaning that its share price is 35% less volatile than the S&P 500.
Dividends
Evergy pays an annual dividend of $2.67 per share and has a dividend yield of 3.7%. China Resources Power pays an annual dividend of $1.22 per share and has a dividend yield of 3.2%. Evergy pays out 73.4% of its earnings in the form of a dividend. Evergy has raised its dividend for 20 consecutive years. Evergy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Valuation and Earnings
This table compares Evergy and China Resources Power”s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Evergy | $5.85 billion | 2.81 | $873.50 million | $3.64 | 19.60 |
China Resources Power | $13.49 billion | 0.96 | $1.84 billion | N/A | N/A |
China Resources Power has higher revenue and earnings than Evergy.
Profitability
This table compares Evergy and China Resources Power’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Evergy | 14.29% | 8.62% | 2.66% |
China Resources Power | N/A | N/A | N/A |
Summary
Evergy beats China Resources Power on 12 of the 16 factors compared between the two stocks.
About Evergy
Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in the United States. The company generates electricity through coal, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, other renewable sources. It serves residences, commercial firms, industrials, municipalities, and other electric utilities. The company was incorporated in 2017 and is headquartered in Kansas City, Missouri.
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.
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