ReNew Energy Global (NASDAQ:RNW) vs. China Resources Power (OTCMKTS:CRPJY) Head-To-Head Analysis

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

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%

Volatility and Risk

China Resources Power has a beta of 0.57, suggesting that its share price is 43% less volatile than the S&P 500. Comparatively, ReNew Energy Global has a beta of 0.92, suggesting that its share price is 8% less volatile than the S&P 500.

Valuation and Earnings

This table compares China Resources Power and ReNew Energy Global”s gross 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	1.01	$1.41 billion	N/A	N/A
ReNew Energy Global	$82.88 billion	0.03	$41.00 million	$0.12	54.67

China Resources Power has higher earnings, but lower revenue than ReNew Energy Global.

Analyst Ratings

This is a summary of current recommendations and price targets for China Resources Power and ReNew Energy Global, as provided 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	0	3	0	3.00

ReNew Energy Global has a consensus target price of $8.67, suggesting a potential upside of 32.11%. Given ReNew Energy Global’s higher probable upside, analysts clearly believe ReNew Energy Global is more favorable than China Resources Power.

Institutional & Insider Ownership

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

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.