Huaneng Power International’s Q1 2026 Profit and Cash Flow Decline Amid Stable Assets

Huaneng Power International ( (HK:0902) ) has provided an announcement.

Huaneng Power International reported unaudited first-quarter 2026 results prepared under PRC GAAP, showing operating revenue of RMB 56.78 billion and net profit attributable to equity holders of RMB 4.48 billion, both down year-on-year. Profitability indicators weakened, with net profit after non-recurring items falling over 12% and return on net assets dropping to 5.78%, while total assets edged up and operating cash flow declined nearly 29%, signaling pressure on earnings quality and cash generation despite a stable asset base.

The company’s basic and diluted earnings per share slipped to RMB 0.25, reflecting softer performance versus the same period last year and a 5.58% decrease in equity attributable to shareholders. The figures, disclosed under Hong Kong listing and securities regulations, suggest tighter operating conditions and potentially higher financial discipline will be needed to support returns and balance sheet strength in the current environment.

The most recent analyst rating on (HK:0902) stock is a Sell with a HK$4.75 price target. To see the full list of analyst forecasts on Huaneng Power International stock, see the HK:0902 Stock Forecast page.

More about Huaneng Power International

Huaneng Power International, Inc. is a major Chinese power generation company, operating under PRC Accounting Standards and listed in Shanghai and Hong Kong. The company focuses on producing and selling electricity, positioning itself as a key player in China’s energy sector with a broad base of equity holders and significant total assets.

Average Trading Volume: 38,118,124

Technical Sentiment Signal: Buy

Current Market Cap: HK$117.9B

For detailed information about 0902 stock, go to TipRanks’ Stock Analysis page.