China Three Gorges Renewables (Group) Co (SHSE:600905) Net Margin %: 14.97% (As of Mar. 2026) — 50% Below Median


SHSE:600905 China Three Gorges Renewables (Group) Co Ltd SHSE:600905
74 GF Score
Price ¥3.78
GF Value ¥4.42
Valuation Modestly Undervalued
! 9 Warning Signs
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What is China Three Gorges Renewables (Group) Co Net Margin %?

China Three Gorges Renewables (Group) Co SHSE:600905 +0.80% 74 Net Margin % is 14.97% as of Mar. 2026, which is 50% below its 10-year median of 29.89. GuruFocus rates SHSE:600905 with a GF Score™ of 74/100 and a GF Value™ of ¥4.42 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 421 Utilities - Independent Power Producers companies, China Three Gorges Renewables (Group) Co ranks better than 56.53% on this metric.

Net margin is calculated as Net Income divided by its Revenue. China Three Gorges Renewables (Group) Co's Net Income for the three months ended in Mar. 2026 was ¥1,040 Mil. China Three Gorges Renewables (Group) Co's Revenue for the three months ended in Mar. 2026 was ¥6,948 Mil. Therefore, China Three Gorges Renewables (Group) Co's net margin for the quarter that ended in Mar. 2026 was 14.97%.

The historical rank and industry rank for China Three Gorges Renewables (Group) Co's Net Margin % or its related term are showing as below:

SHSE:600905' s Net Margin % Range Over the Past 10 Years
Min: 1.63   Med: 29.89   Max: 39.24
Current: 8.33


SHSE:600905's Net Margin % is ranked better than
56.53% of 421 companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.17 vs SHSE:600905: 8.33

China Three Gorges Renewables (Group) Co  (SHSE:600905) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


China Three Gorges Renewables (Group) Co Net Margin % Related Terms


China Three Gorges Renewables (Group) Co Net Margin % Historical Data

* Premium members only.

The historical data trend for China Three Gorges Renewables (Group) Co's Net Margin % 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 Net Margin % Chart

China Three Gorges Renewables (Group) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.24 29.88 27.07 20.56 13.08

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
Net Margin % 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 32.07 19.25 7.60 -8.41 14.97

China Three Gorges Renewables (Group) Co Net Margin % Competitor Comparison

For the Utilities - Renewable subindustry, China Three Gorges Renewables (Group) Co's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Utilities - Independent Power Producers Industry

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

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


SHSE:600905
74GF Score
China Three Gorges Renewables (Group) Co Ltd SHSE:600905
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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China Three Gorges Renewables (Group) Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

China Three Gorges Renewables (Group) Co's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=3714.397/28399.42
=13.08 %

China Three Gorges Renewables (Group) Co's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1040.089/6948.044
=14.97 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 14.97% mean?
China Three Gorges Renewables (Group) Co (SHSE:600905) has a Net Margin % of 14.97% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on China Three Gorges Renewables (Group) Co and its competitors. This is 50% below median its historical median of 29.89. Over the past decade, China Three Gorges Renewables (Group) Co's Net Margin % has ranged from 1.63 to 39.24. According to the industry distribution chart, China Three Gorges Renewables (Group) Co ranks #183 out of 421 companies in the Utilities - Independent Power Producers industry, placing it in the top 43.5%.
Is China Three Gorges Renewables (Group) Co's Net Margin % too high?
China Three Gorges Renewables (Group) Co's current Net Margin % of 14.97% is 50% below median its 10-year median of 29.89. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 39.24. The Utilities - Independent Power Producers industry median Net Margin % is 6.17. China Three Gorges Renewables (Group) Co's value of 14.97% is 142.6% above this industry median. Based on the distribution chart, China Three Gorges Renewables (Group) Co ranks #183 out of 421 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, China Three Gorges Renewables (Group) Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Three Gorges Renewables (Group) Co's Net Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, China Three Gorges Renewables (Group) Co ranks #183 out of 421 companies for Net Margin %. This puts China Three Gorges Renewables (Group) Co in the upper half of its industry. The industry median Net Margin % is 6.17. China Three Gorges Renewables (Group) Co's value of 14.97% is 142.6% above this benchmark. Historically, China Three Gorges Renewables (Group) Co's own Net Margin % has ranged from 1.63 to 39.24 over the past decade. While the company's 10-year median is 29.89 vs. the industry median of 6.17, China Three Gorges Renewables (Group) Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Utilities - Independent Power Producers company?
The median Net Margin % among Utilities - Independent Power Producers companies is 6.17, based on 421 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Three Gorges Renewables (Group) Co's current Net Margin % of 14.97% is 142.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on China Three Gorges Renewables (Group) Co and its competitors. For the Utilities - Independent Power Producers industry, the median Net Margin % is 6.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Three Gorges Renewables (Group) Co's current Net Margin % is 14.97%, which is 50% below median its own 10-year median of 29.89. 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 ¥4.42, compared to a current price of ¥3.78 — trading 14.5% below its estimated fair value. The current Net Margin % is 14.97%, which is 50% below median its 10-year median of 29.89 and 142.6% above the Utilities - Independent Power Producers industry median of 6.17. China Three Gorges Renewables (Group) Co's overall GF Score™ is 74/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For China Three Gorges Renewables (Group) Co (SHSE:600905), the current Net Margin % is 14.97% 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 ¥3.78 is trading 14.5% below its estimated GF Value™ of ¥4.42. GuruFocus considers China Three Gorges Renewables (Group) Co to be Modestly Undervalued.

Key valuation signals for SHSE:600905:

  • Net Margin %: 14.97% (50% below median its 10-year median of 29.89)
  • GF Value™: ¥4.42 vs. price of ¥3.78 (14.5% below fair value)
  • GF Score™: 74/100 with 9 warning signs
  • Industry Position: 142.6% above the Utilities - Independent Power Producers median (#183 of 421)

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.
74GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥3.78
Price
¥4.42
GF Value