987.HK
China Renewable Energy Investment Ltd
Price:  
0.15 
HKD
Volume:  
567,427.00
Hong Kong | Independent Power and Renewable Electricity Producers
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987.HK Fair Value

-78.09 %
Upside

What is the fair value of 987.HK?

As of 2025-07-23, the Fair Value of China Renewable Energy Investment Ltd (987.HK) is 0.03 HKD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 0.15 HKD, the upside of China Renewable Energy Investment Ltd is -78.09%.

Is 987.HK a good investment?

With the market price of 0.15 HKD and our fair value calculation, China Renewable Energy Investment Ltd (987.HK) is not a good investment. Investing in 987.HK stocks now will result in a potential loss of 78.09%.

0.15 HKD
Stock Price
0.03 HKD
Fair Price
FAIR VALUE CALCULATION

987.HK Fair Value

Peter Lynch's formula is:

987.HK Fair Value
= Earnings Growth Rate x TTM EPS
987.HK Fair Value
= 5.00 x 0.01
987.HK Fair Value
= 0.03

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31 5Y Avg
Net income 86.15 113.35 31.11 23.28 16.48 54.07
YoY growth 50.15% 31.57% -72.55% -25.17% -29.23% -9.05%

987.HK Fair Value - Key Data

Market Cap (mil) 375.92
P/E 22.82x
Forward P/E 17.79x
EPS 0.01
Avg earnings growth rate -9.05%
TTM earnings 16.48