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An announcement from China Longyuan Power Group ( (HK:0916) ) is now available.
China Longyuan Power Group reported unaudited first-quarter 2026 revenue of RMB7.87 billion, down 3.63% year on year, as wind power revenue fell 6.66% to RMB6.9 billion while solar revenue jumped 27.41% to RMB911 million. Net profit attributable to equity holders declined 14.27% to RMB1.7 billion, reflecting weaker wind resource conditions and lower utilisation.
Total power generation on a consolidated basis slipped 2.29% to 19.82 million MWh, with wind output down 7.31% to 16.48 million MWh but solar generation surging 33.30% to 3.34 million MWh. The group added 279.27 MW of new installed capacity in the quarter and lifted consolidated capacity to 46,273.56 MW, underscoring continued capacity expansion and an accelerating shift toward solar within its renewable mix despite near-term profit pressure.
The most recent analyst rating on (HK:0916) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on China Longyuan Power Group stock, see the HK:0916 Stock Forecast page.
More about China Longyuan Power Group
China Longyuan Power Group is a major Chinese renewable energy producer, focusing primarily on wind power generation with a growing portfolio of solar energy projects. Listed in Hong Kong, the group operates large-scale utility assets across multiple regions in China, positioning itself as a key player in the country’s transition toward cleaner power sources.
Average Trading Volume: 30,535,272
Technical Sentiment Signal: Sell
Current Market Cap: HK$115.8B
Find detailed analytics on 0916 stock on TipRanks’ Stock Analysis page.