Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest update is out from China Power International Development ( (HK:2380) ).
China Power International Development has consolidated its control over SPIC Hydropower, now a 55.13%-owned subsidiary listed in Shanghai, reflecting the completion of an asset restructuring and strengthening its foothold in hydropower generation. This move broadens the group’s renewable energy base and aligns its portfolio more closely with China’s clean energy transition.
SPIC Hydropower’s 2025 audited results under PRC GAAP show revenue fell 15.9% to RMB 12.15 billion and net profit attributable to shareholders dropped 34.07% to RMB 532 million, though recurring net profit surged nearly 150%, and equity attributable to shareholders rose 3.73%. The company proposed a final cash dividend and cautioned that these figures reflect only SPIC Hydropower, not the entire group, signaling that investors should assess the data as a partial view of China Power’s overall financial position.
The most recent analyst rating on (HK:2380) stock is a Hold with a HK$3.30 price target. To see the full list of analyst forecasts on China Power International Development stock, see the HK:2380 Stock Forecast page.
More about China Power International Development
China Power International Development Limited is a Hong Kong-incorporated power company engaged in the generation and supply of electricity, with a portfolio that increasingly includes hydropower assets. Following a recent asset restructuring, it holds a controlling 55.13% stake in SPIC Hydropower Co., Ltd., a Shanghai-listed hydropower operator, expanding its presence in China’s renewable energy sector.
Average Trading Volume: 27,033,941
Technical Sentiment Signal: Buy
Current Market Cap: HK$39.71B
See more insights into 2380 stock on TipRanks’ Stock Analysis page.