GD Power Development Co Ltd Reports Q3 2024 Earnings

GD Power Development Co., Ltd, a prominent utility company operating in the independent power producers and energy traders sector, has released its earnings report for the third quarter of 2024. The company, which specializes in wind power, thermal power, and hydropower services, also engages in coal operations and heating businesses. GD Power Development is listed on the Shanghai Stock Exchange and can be accessed online at www.600795.com.cn .

Stock Performance Overview

Throughout the past year, GD Power Development’s stock has experienced fluctuations, with a 52-week high of 6.15 CNH recorded on June 30, 2024, and a low of 4.07 CNH on February 16, 2025. As of May 15, 2025, the stock closed at 4.6 CNH. This range indicates a price volatility of 33.6%, reflecting the dynamic nature of the market conditions affecting the company.

Financial Metrics

The company’s market capitalization stands at 81,690,000,000 CNH. With a price-to-earnings ratio of 8.29, GD Power Development presents a moderate valuation multiple, suggesting a balanced assessment of its earnings potential relative to its stock price. Additionally, the price-to-book ratio of 1.41 further supports this moderate valuation perspective.

Company Overview

GD Power Development Co., Ltd was established with an IPO on November 2, 1992, and has since been a key player in the utilities sector, focusing on independent power and renewable electricity production. The company’s diverse portfolio includes power generation and project development services, with a strong emphasis on renewable energy sources such as wind, thermal, and hydropower.

For further information, stakeholders and interested parties can visit the company’s official website or refer to its listing on the Shanghai Stock Exchange.