|Bid||7.26 x 0|
|Ask||7.27 x 0|
|Day's Range||7.18 - 7.32|
|52 Week Range||5.86 - 7.74|
|Beta (5Y Monthly)||0.37|
|PE Ratio (TTM)||8.34|
|Earnings Date||Apr 30, 2021|
|Forward Dividend & Yield||0.16 (2.16%)|
|Ex-Dividend Date||Aug 07, 2020|
|1y Target Est||9.70|
Moody's Investors Service has assigned a Baa3 rating to the proposed subordinated perpetual securities to be issued by China Gezhouba Group (Hong Kong) Overseas Investment Co., Limited, and guaranteed by China Gezhouba Group Company Limited (CGGC, Baa2 stable). CGGC will use the proceeds from the proposed issuance for overseas project financing and general corporate purposes. "The proposed perpetual securities will help improve CGGC's liquidity and debt maturity profile, and will not materially impact its credit metrics because the issuance amount is small relative to CGGC's total adjusted debt," says Chenyi Lu, a Moody's Vice President and Senior Credit Officer and the Lead International Analyst for CGGC.
Moody's Investors Service has assigned a Baa2 issuer rating to China Gezhouba Group Corporation (CGGC Group). The outlook on the rating is stable. CGGC Group's Baa2 issuer rating incorporates the company's standalone credit strength and a three-notch uplift based on Moody's expectation of support from the Government of China (A1 stable) in times of need through CGGC Group's ultimate parent, China Energy Engineering Group Co., Ltd (CEEG), which is wholly owned by the central government.
Rating Action: Moody's assigns first-time Baa2 rating to China Gezhouba Group; outlook stable Global Credit Research - 08 Oct 2020 Hong Kong, October 08, 2020 -- Moody's Investors Service has assigned a Baa2 issuer rating to China Gezhouba Group Company Limited (CGGC).