Welcome to our new website
As well as being able to load content faster than ever before, you'll now find it's much easier to find all the content you need about the Asian business world.
Huaneng Power International, Inc.
- 5.25 HKD
- +0.24
- +4.79%
China
Aug 15, 2018Ticker
HKG(902)Prev. close
5.01Market cap (HKD)
105,582.98MMarket cap (USD)
13,450.14MShares
15,200.38M
In the news
- Nikkei Asia300 Index little changed as U.S. stocks extend fall Jan 31, 2018
- Chinese financial stocks send Hong Kong market higher Jan 31, 2018
- Nikkei Asia300 Index slips after U.S. equities drop from record highs Jan 17, 2018
- Hong Kong shares climb for a record 13th straight day Jan 11, 2018
- Hong Kong stocks rise after China unveils top leaders Oct 25, 2017 See more articles on Huaneng Power International, Inc.
Company Background
Huaneng Power International is a major Chinese state-owned electric power company. It is a unit of state giant China Huaneng Group and one of the country's five biggest electric utilities, which include China Datong and China Guodian. China Huaneng is the largest of the five in terms of business scale.
Huaneng Power is active nationwide, engaging in developing, constructing and managing power-generation facilities. It also has business operations in the areas of finance, coal mining, transport and new energy.
China Huaneng, established in 1985, founded Huaneng Power as its core subsidiary in 1994.
Huaneng Power has a strong business base protected by the government's market entry regulations. Because the big five power players dominate the domestic market for electricity, Huaneng Power enjoys stable earnings.
Huaneng Power recently purchased a power producer in Singapore as part of its aggressive overseas expansion push.
Under the strong influence of former Chinese Premier Li Peng and his family, Huaneng Power is known to be at the center of the "electric power clique." It has made considerable use of the extensive human networks it has established in political and business circles.
The company is drawing keen attention as a possible target of Chinese President Xi Jinping's anti-corruption campaign.
Business Summary
Financial Highlights
| Dec 2017 | HKD | USD |
| Revenue | 174,211.97M | 22,355.45M |
| Gross Profit | 17,800.50M | 2,284.21M |
| Operating income | 13,670.03M | 1,754.18M |
| Income before tax | 3,777.09M | 484.68M |
| Net income | 2,067.65M | 265.32M |
| EBITDA | 35,771.09M | 4,590.26M |
| Diluted EPS | 0.13 | 0.01 |
| Dividends Per Share | 0.11 | 0.01 |
| Total Assets | 454,601.11M | 58,153.21M |
| Total liabilities | 349,754.93M | 44,741.14M |
| Total equity | 84,589.13M | 10,820.76M |
| Operating cash flow | 35,303.76M | 4,530.29M |
| Currency in HKD | Currency in USD |
Historical Data
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 168,859.36M | 157,828.22M | 159,001.66M | 159,719.86M | 174,211.97M |
| Gross Profit | 38,771.61M | 39,187.79M | 45,735.42M | 32,952.49M | 17,800.50M |
| Operating income | 33,416.51M | 33,815.75M | 39,750.55M | 28,151.81M | 13,670.03M |
| Income before tax | 21,478.43M | 22,064.22M | 26,893.78M | 19,400.68M | 3,777.09M |
| Net income | 13,273.44M | 13,272.13M | 17,004.82M | 12,131.00M | 2,067.65M |
| EBITDA | 47,928.97M | 48,836.12M | 57,417.87M | 49,594.17M | 35,771.09M |
| Diluted EPS | 0.94 | 0.94 | 1.17 | 0.79 | 0.13 |
| Dividends Per Share | 0.48 | 0.47 | 0.56 | 0.32 | 0.11 |
| Total Assets | 334,026.59M | 342,059.91M | 360,873.44M | 423,675.30M | 454,601.11M |
| Total liabilities | 236,083.79M | 235,008.97M | 243,566.13M | 299,817.72M | 349,754.93M |
| Total equity | 79,085.68M | 86,496.10M | 94,775.07M | 98,579.22M | 84,589.13M |
| Operating cash flow | 51,285.80M | 42,645.77M | 53,409.58M | 45,421.42M | 35,303.76M |
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 21,769.64M | 20,352.63M | 20,509.53M | 20,575.94M | 22,355.45M |
| Gross Profit | 4,998.50M | 5,053.43M | 5,899.38M | 4,245.11M | 2,284.21M |
| Operating income | 4,308.11M | 4,360.68M | 5,127.40M | 3,626.66M | 1,754.18M |
| Income before tax | 2,769.03M | 2,845.27M | 3,469.01M | 2,499.29M | 484.68M |
| Net income | 1,711.23M | 1,711.49M | 2,193.44M | 1,562.77M | 265.32M |
| EBITDA | 6,179.08M | 6,297.63M | 7,406.29M | 6,388.97M | 4,590.26M |
| Diluted EPS | 0.12 | 0.12 | 0.15 | 0.10 | 0.01 |
| Dividends Per Share | 0.06 | 0.06 | 0.07 | 0.04 | 0.01 |
| Total Assets | 43,079.36M | 44,109.16M | 46,563.41M | 54,645.57M | 58,153.21M |
| Total liabilities | 30,447.69M | 30,304.77M | 31,427.27M | 38,670.44M | 44,741.14M |
| Total equity | 10,199.67M | 11,153.80M | 12,228.80M | 12,714.73M | 10,820.76M |
| Operating cash flow | 6,611.85M | 5,499.35M | 6,889.27M | 5,851.42M | 4,530.29M |
Valuation Measures
| Dec 2017 | |
| PER | 36.02 |
| ROA | 0.47% |
| ROE | 2.25% |
| Operating margin | 7.84% |
| Profit margin | 1.18% |
Key executives
- Chairman & Chief Executive Officer: Pei Xi Cao
- President: Keyu Zhao
- Manager-Equity Management Department: Bai Shan Cui
- Chief Engineer: Yong He
- Finance Manager: Ying Hui Li
Shareholders
- China State-Owned Assets Supervision & Admn Commission (10.0%)
- LUO YI FAMILY (4.3%)
- Shanghai Chongyang Investment Management Co., Ltd. (3.3%)
- The Vanguard Group, Inc. (2.9%)
- Value Partners Ltd. (2.5%)
- BlackRock Fund Advisors (2.3%)
- BlackRock Asset Management North Asia Ltd. (1.9%)
- Capital Research & Management Co. (Global Investors) (1.8%)
- JF Asset Management Ltd. (1.8%)
- Pictet Asset Management SA (1.3%)
Contact Details
- Website:http://www.hpi.com.cn
- Address: Huaneng Building, 6 Fuxingmen Inner Street, Beijing, 100031, China
- Phone: +86.10.6322.6999
Related Companies
- Huaneng Power International, Inc. Fuzhou Power Plant
- Huaneng Yunnan Diandong Energy Co. Ltd.
- Shanghai Aeolon Wind Energy Technology Development Co. Ltd.
- Huaneng Dalian Power Plant
- Huaneng Yingcheng Thermal Power Co. Ltd.
- Huaneng Jingmen Thermal Power Co. Ltd.
- Huaneng Anyuan Power Generation Co., Ltd.
- Huaneng Ruijin Power Generation Co. Ltd.
- Huaneng Hualiangting Hydropower Co. Ltd.
- Enshi Qingjiang Dalongtan Hydropower Development Co. Ltd.
- Huaneng Suzhou Thermal Power Co. Ltd.
- Luoyang Hairun Power Project Management Ltd.
- Huaneng Rudong Wind Power Generation Co. Ltd.
- Huaneng Nantong Power Generation Co. Ltd.
- Huaneng Chaohu Power Generation Co. Ltd.
- Huaneng Shaanxi Power Generation Co. Ltd.
- Huaneng Shidaowan Nuclear Power Co. Ltd.
- Huaneng International Power Fuel Co., Ltd.
- Huaneng Power International, Inc. Dezhou Power Plant
- Huaneng Power Plant
- Huaneng Qinbei Power Generation Co. Ltd.
- Tianjin Huaneng Yangliuqing Co-Generation LLC
- Fushun Suzihe Hydropower Co., Ltd.
- Shandong Rizhao Power Co., Ltd.
- Huaneng Chongqing Luohuang Power Co. Ltd.
- Huaneng Wuhan Power Generation Co. Ltd.
- Huaneng Yushe Power Co., Ltd.
- Huaneng Shanghai Shidongkou Second Power Plant
- Huaneng Shanghai Combined-Cycle Power Generation Co. Ltd.
- Huaneng Huaiyin Power Generation Co. Ltd.
Competitors
- Sembcorp Industries Ltd.
- YTL Power International Bhd.
Copyright © 2018 FactSet Research Systems Inc. All rights reserved.
Last Updated on 15 Aug, 2018You have {{numberReadArticles}} FREE ARTICLE{{numberReadArticles-plural}} left this month
You have {{numberReadArticles}} FREE ARTICLE{{numberReadArticles-plural}} left this month
Your full access to the Nikkei Asian Review has expired
