|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||17.01 - 17.65|
|52 Week Range||4.86 - 20.65|
|Beta (5Y Monthly)||0.68|
|PE Ratio (TTM)||17.06|
|Forward Dividend & Yield||0.18 (1.10%)|
|Ex-Dividend Date||May 28, 2021|
|1y Target Est||N/A|
Moody's Investors Service says that China Longyuan Power Group Corporation Ltd.'s (Longyuan) announced merger and asset swaps will not have an immediate impact on the company's A3 issuer rating. "The merger and the asset swaps will strengthen Longyuan's strategic position as the listed flagship renewable platform for its state-owned parent, by adding more renewable capacities to its already large wind power portfolio and having access to another financing channel via the A-share market," says Boris Kan, a Moody's Vice President and Senior Credit Officer. "The overall credit impact on Longyuan will be broadly manageable notwithstanding the expected leverage increase due to the wind power asset acquisition," adds Kan.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of China Longyuan Power Group Corporation Ltd. Hong Kong, July 04, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of China Longyuan Power Group Corporation Ltd. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.