China Three Gorges Renewables (Group) Co (SHSE:600905) Book Value per Share: ¥3.14 (As of Mar. 2026)

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SHSE:600905 China Three Gorges Renewables (Group) Co Ltd SHSE:600905
71 GF Score
Price ¥3.73
GF Value ¥4.46
Valuation Modestly Undervalued
! 10 Warning Signs
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What is China Three Gorges Renewables (Group) Co Book Value per Share?

China Three Gorges Renewables (Group) Co SHSE:600905 -1.06% 71 Book Value per Share is ¥3.14 as of Mar. 2026. GuruFocus rates SHSE:600905 with a GF Score™ of 71/100 and a GF Value™ of ¥4.46 (Modestly Undervalued). The stock has 10 warning signs investors should review.

China Three Gorges Renewables (Group) Co's book value per share for the quarter that ended in Mar. 2026 was ¥3.14.

During the past 12 months, China Three Gorges Renewables (Group) Co's average Book Value Per Share Growth Rate was 0.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of China Three Gorges Renewables (Group) Co was 11.90% per year. The lowest was 4.80% per year. And the median was 9.20% per year.

China Three Gorges Renewables (Group) Co's current price is ¥3.73. Its book value per share for the quarter that ended in Mar. 2026 was ¥3.14. Hence, today's PB Ratio of China Three Gorges Renewables (Group) Co is 1.19.

During the past 13 years, the highest P/B Ratio of China Three Gorges Renewables (Group) Co was 4.54. The lowest was 1.19. And the median was 1.62.

Good Sign:

China Three Gorges Renewables (Group) Co Ltd stock PB Ratio (=1.2) is close to 10-year low of 1.19.


China Three Gorges Renewables (Group) Co  (SHSE:600905) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


China Three Gorges Renewables (Group) Co Book Value per Share Related Terms


China Three Gorges Renewables (Group) Co Book Value per Share Historical Data

* Premium members only.

The historical data trend for China Three Gorges Renewables (Group) Co's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

China Three Gorges Renewables (Group) Co Book Value per Share Chart

China Three Gorges Renewables (Group) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.46 2.70 2.88 3.03 3.10

China Three Gorges Renewables (Group) Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.12 3.10 3.12 3.10 3.14

China Three Gorges Renewables (Group) Co Book Value per Share Competitor Comparison

For the Utilities - Renewable subindustry, China Three Gorges Renewables (Group) Co's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Three Gorges Renewables (Group) Co PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Three Gorges Renewables (Group) Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where China Three Gorges Renewables (Group) Co's PB Ratio falls into.


SHSE:600905
71GF Score
China Three Gorges Renewables (Group) Co Ltd SHSE:600905
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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China Three Gorges Renewables (Group) Co Book Value per Share Calculation

China Three Gorges Renewables (Group) Co's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(88,658-0)/28,588
=3.10

China Three Gorges Renewables (Group) Co's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(89,717-0)/28,588
=3.14

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of ¥3.14 mean?
China Three Gorges Renewables (Group) Co (SHSE:600905) has a Book Value per Share of ¥3.14 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on China Three Gorges Renewables (Group) Co and its competitors.
Is China Three Gorges Renewables (Group) Co's Book Value per Share too high?
China Three Gorges Renewables (Group) Co's current Book Value per Share is ¥3.14. Overall, China Three Gorges Renewables (Group) Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Three Gorges Renewables (Group) Co's Book Value per Share compare to competitors?
China Three Gorges Renewables (Group) Co's Book Value per Share of ¥3.14 can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for an Utilities - Independent Power Producers company?
A good Book Value per Share depends on the Utilities - Independent Power Producers industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on China Three Gorges Renewables (Group) Co and its competitors. China Three Gorges Renewables (Group) Co's current Book Value per Share is ¥3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Three Gorges Renewables (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, China Three Gorges Renewables (Group) Co (SHSE:600905) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.46, compared to a current price of ¥3.73 — trading 16.4% below its estimated fair value. The current Book Value per Share is ¥3.14. China Three Gorges Renewables (Group) Co's overall GF Score™ is 71/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For China Three Gorges Renewables (Group) Co (SHSE:600905), the current Book Value per Share is ¥3.14 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is China Three Gorges Renewables (Group) Co (SHSE:600905) Overvalued in 2026?

Based on GuruFocus' analysis, China Three Gorges Renewables (Group) Co stock appears to be undervalued. The current stock price of ¥3.73 is trading 16.4% below its estimated GF Value™ of ¥4.46. GuruFocus considers China Three Gorges Renewables (Group) Co to be Modestly Undervalued.

Key valuation signals for SHSE:600905:

  • Book Value per Share: ¥3.14
  • GF Value™: ¥4.46 vs. price of ¥3.73 (16.4% below fair value)
  • GF Score™: 71/100 with 10 warning signs

No single metric tells the full story. See the SHSE:600905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Three Gorges Renewables (Group) Co Business Description

Address No. 2, Liangshi Street, Building 5, Chengda Center, Tongzhou District, Beijing, CHN, 101199
China Three Gorges Renewables is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydroelectric power plants, and energy storage projects. CTGR has a total generation capacity of about 52.4 gigawatts as of the end of 2025. The firm is also one of the largest offshore wind farm operators in China, with 7.5 GW of installed capacity at the end of 2025. Parent company China Three Gorges, a state-owned enterprise, owns approximately 52.3% of CTGR's issued shares as of the end of 2025.
71GF Score

Get the complete analysis for SHSE:600905

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥3.73
Price
¥4.46
GF Value