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Datang International Power Generation Co ( (HK:0991) ) has shared an announcement.
Datang International Power Generation Co. has approved a resolution to record asset impairments, retire assets and write off preliminary expenses and asset losses at certain affiliated enterprises for 2025, following a comprehensive asset inventory and impairment testing. The combined impact of these measures, together with similar actions approved in late 2025, has reached the disclosure threshold of more than 10% of the latest audited net profit attributable to the parent, signaling a material clean-up of the group’s balance sheet.
Key actions include an impairment of RMB26.18 million for unusable non-standard spare parts at Hohhot Aluminum and Power, and write-downs for several preliminary projects under Datang’s Jiangxi branch and Heilongjiang company that no longer meet policy, planning or return requirements. The company is also booking provisions for bad debts, notably RMB14.27 million related to a customer undergoing bankruptcy restructuring and RMB5.65 million for aged heating and pipeline fee arrears, moves intended to present more accurate asset values and operating results for stakeholders.
The most recent analyst rating on (HK:0991) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Datang International Power Generation Co stock, see the HK:0991 Stock Forecast page.
More about Datang International Power Generation Co
Datang International Power Generation Co., Ltd. is a Sino-foreign joint stock company incorporated in the People’s Republic of China and listed in Hong Kong. The company operates in the power generation industry, with affiliated enterprises across multiple provinces engaged in electricity production and related energy services. It focuses on managing a diverse portfolio of thermal, renewable, and associated industrial assets to support its generation business and regional energy needs.
Through its network of subsidiaries and branches, including operations in Inner Mongolia, Jiangxi and Heilongjiang, Datang International Power Generation Co. oversees power, heating and ancillary projects. The group’s activities encompass construction, operation and maintenance of power facilities, as well as related services such as heating supply and materials management, positioning it as a significant player in China’s power and energy infrastructure sector.
Average Trading Volume: 29,093,502
Technical Sentiment Signal: Buy
Current Market Cap: HK$78.67B
For an in-depth examination of 0991 stock, go to TipRanks’ Overview page.