Head to Head Contrast: ReNew Energy Global (NASDAQ:RNW) & China Resources Power (OTCMKTS:CRPJY)

China Resources Power (OTCMKTS:CRPJY) and ReNew Energy Global (NASDAQ:RNW) are both utilities companies, but which is the better business? We will compare the two companies based on the strength of their earnings, institutional ownership, dividends, profitability, analyst recommendations, risk and valuation.

Insider & Institutional Ownership

43.6% of ReNew Energy Global shares are owned by institutional investors. 8.7% of ReNew Energy Global shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for China Resources Power and ReNew Energy Global, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
China Resources Power	0	0	0	0	N/A
ReNew Energy Global	0	1	3	0	2.75

ReNew Energy Global has a consensus price target of $8.67, indicating a potential upside of 37.78%. Given ReNew Energy Global’s higher possible upside, analysts plainly believe ReNew Energy Global is more favorable than China Resources Power.

Volatility & Risk

China Resources Power has a beta of 0.55, indicating that its share price is 45% less volatile than the S&P 500. Comparatively, ReNew Energy Global has a beta of 0.92, indicating that its share price is 8% less volatile than the S&P 500.

Valuation & Earnings

This table compares China Resources Power and ReNew Energy Global”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
China Resources Power	$13.20 billion	0.96	$1.41 billion	N/A	N/A
ReNew Energy Global	$1.16 billion	1.97	$41.00 million	$0.12	52.42

China Resources Power has higher revenue and earnings than ReNew Energy Global.

Profitability

This table compares China Resources Power and ReNew Energy Global’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
China Resources Power	N/A	N/A	N/A
ReNew Energy Global	1.53%	1.23%	0.17%

Summary

ReNew Energy Global beats China Resources Power on 9 of the 11 factors compared between the two stocks.

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.

About ReNew Energy Global

ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through two segments: Wind Power and Solar Power. It develops, builds, owns, and operates utility scale wind and solar energy, hydro energy, and utility-scale firm power projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers. The company provides engineering, procurement, and construction services; operation and maintenance services; consultancy services; and sells renewable energy certificates. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom.