Earnings and Valuation
This table compares Spruce Power and China Resources Power”s gross revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Spruce Power | $77.58 million | 0.64 | -$65.83 million | ($5.06) | -0.53 |
China Resources Power | $13.20 billion | 0.96 | $1.41 billion | N/A | N/A |
China Resources Power has higher revenue and earnings than Spruce Power.
Risk and Volatility
Spruce Power has a beta of 1.2, suggesting that its stock price is 20% more volatile than the S&P 500. Comparatively, China Resources Power has a beta of 0.53, suggesting that its stock price is 47% less volatile than the S&P 500.
Institutional and Insider Ownership
Profitability
This table compares Spruce Power and China Resources Power’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Spruce Power | -121.98% | -23.98% | -5.48% |
China Resources Power | N/A | N/A | N/A |
Summary
China Resources Power beats Spruce Power on 6 of the 9 factors compared between the two stocks.
About Spruce Power
Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company provides subscription-based services for homeowners and businesses to own and maintain rooftop solar and battery storage. It offers its subscription-based services to approximately 75,000 customers. The company is headquartered in Denver, Colorado.
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.
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