GD Power Development Co Ltd: Market Insights and Performance

GD Power Development Co Ltd, a prominent utility company listed on the Shanghai Stock Exchange, specializes in independent power production and energy trading. The company focuses on wind, thermal, and hydropower services, alongside coal operations and heating businesses. As of May 13, 2025, GD Power Development’s stock closed at 4.55 CNH, with a 52-week high of 6.15 CNH on June 30, 2024, and a low of 4.07 CNH on February 16, 2025. The company’s market capitalization stands at 79.73 billion CNH, with a price-to-earnings ratio of 8.09.

Market Trends and ETF Performance

Recent market trends have shown a mixed performance across various sectors. On May 15, 2025, the Shanghai Composite Index fell by 0.68%, while the Shenzhen Component Index and the ChiNext Index declined by 1.62% and 1.92%, respectively. The total market turnover reached 115 billion CNH. Notably, the cosmetics, personal care, and fisheries sectors led the gains, with increases of 4.56%, 3.09%, and 2.43%, respectively. Conversely, IT services, software development, and other power equipment sectors experienced declines.

Green Energy ETFs and Market Sentiment

The green energy sector has seen positive momentum, with the Green Electricity ETF (562550.SH) experiencing a significant increase in its net asset value, reaching 15.7 billion shares. This ETF closely tracks the Green Electricity Index, which includes major companies like Longyuan Power, China Huaneng, and China National Nuclear Corporation. The index’s current price-to-earnings ratio (PE-TTM) is 17.43, indicating a valuation lower than 14.19% of the past three years.

The Green Electricity ETF (159625) is on the verge of a three-day consecutive rise, reflecting growing investor interest in sustainable energy. The index’s liquidity has been robust, with a turnover rate of 3.91% and a daily average turnover of 2.45 million CNH over the past week.

Strategic Revaluation of Rare Earths and Modern Energy

The strategic value of rare earths is expected to be re-evaluated, with the Modern Energy ETF (561790) achieving a seven-day consecutive rise. This ETF tracks the National New Modern Energy Index, which includes companies like China Rare Earths and China Aluminum. The index’s current price-to-book ratio is 1.41, indicating a historically low valuation.

Public Utilities ETF Performance

The Public Utilities ETF (560190) saw a 0.31% increase, with its main constituents like Longyuan Power and Zhejiang Electric Power rising by 0.64% and 0.56%, respectively. Analysts from Minsheng Securities suggest that the coal price decline has positively impacted thermal power companies, with expectations of continued performance improvement.

Conclusion

GD Power Development Co Ltd remains a key player in the renewable energy sector, benefiting from the broader market trends favoring green energy and sustainable practices. The company’s strategic focus on diverse energy sources positions it well in the evolving energy landscape. Investors continue to show interest in ETFs tracking green and modern energy indices, reflecting confidence in the sector’s long-term growth potential.