大唐国際発電に関するコメント

The declining ROCE and lack of growth in capital employed suggest that Datang International Power Generation may be past its growth phase. Unless these trends reverse, the company's prospects for becoming a 'multi-bagger' are low.

Despite moving from loss to profitability and increasing revenue, the company's share price has declined, indicating a need for closer examination of its fundamentals. The company's TSR exceeding its share price return suggests dividends have boosted total shareholder return. However, the company's poor long term track record implies a need for substantial improvement in fundamental performance to reverse the trend.

Despite higher than industry average performance, market skeptical of Datang International Power Generation's prospects. Low P/S signals potential risk around revenue stability.

Concerns are raised over the declining trend of returns on capital at Datang International Power Generation. Given the stagnant amount of capital employed and falling margins, a positive outlook could be hampered unless the underlying trends witness a significant reversal.

The losses in Datang's share price may indicate unresolved challenges, as it was worse than the annualized loss of 3% over the last half decade. In contrast, the rise in revenue could potentially indicate an investment opportunity.