Huaneng Power International, Inc.


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Jan 19, 2018
Prev close: 5.16
Jan 19, 2018
Market cap:
Market cap(USD):
Shares: 15,200.4M

Currency in HKD

Company profile

Market(Ticker): HKG(902)
Electric Utilities
Full time employees: 42,210

Business summary

Huaneng Power International, Inc. engages in the sale of electricity and generation of power through the development and operation of power plants. Its products include generated electricity and thermal power. The company was founded on June 30, 1994 and is headquartered in Beijing, China.

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.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 131,606.47M
Gross profit 26,931.73M
Operating income 23,595.33M
Income before tax 15,251.63M
Net income 10,298.78M
EBITDA 40,780.97M
Diluted EPS 0.67
Dividends per share 0.32
Total assets 345,199.12M
Total liabilities 234,716.28M
Total equity 90,948.77M
Operating cash flow 38,053.59M

Currency in HKD

Revenue 16,954.22M
Gross profit 3,469.48M
Operating income 3,039.67M
Income before tax 1,964.79M
Net income 1,326.74M
EBITDA 5,253.61M
Diluted EPS 0.08
Dividends per share 0.04
Total assets 44,523.72M
Total liabilities 30,273.66M
Total equity 11,730.55M
Operating cash flow 4,902.26M

Currency in USD

Valuation measures

Dec 2016

PER 7.58
ROA 2.91%
ROE 11.09%
Operating margin 17.92%
Profit margin 7.82%

Key executive

  • General Manager & Executive Director: Guo Yue Liu
  • Chief Engineer: Yong He
  • Executive Director & Deputy General Manager: Xia Xia Fan
  • Manager-Equity Management Department: Bai Shan Cui
  • Finance Manager: Ying Hui Li

Share holders

  • China State-Owned Assets Supervision & Admn Commission(10.0%)
  • JF Asset Management Ltd.(3.3%)
  • The Vanguard Group, Inc.(3.0%)
  • Value Partners Ltd.(2.5%)
  • Hang Seng Investment Management Ltd.(2.5%)
  • Capital Research & Management Co. (Global Investors)(1.8%)
  • BlackRock Fund Advisors(1.7%)
  • JPMorgan Investment Management, Inc.(1.1%)
  • Standard Life Investments Ltd.(0.8%)
  • Aberdeen Asset Management (Asia) Ltd.(0.7%)


  • Website:
  • Address: Huaneng Building, 6 Fuxingmen Inner Street, Beijing, 100031, China
  • Phone: +86.10.6322.6999

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