CLP Holdings Limited (HK:0002)
:0002
Earnings Data
Report Date
May 18, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
2.29Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mixed picture: strong financial resilience and operational performance in Hong Kong, stable EBITDAF, robust free cash flow, and continued progress on low‑carbon projects supported dividend growth and credit ratings. These positives were offset by meaningful challenges — weaker results in the Chinese Mainland (low wind resources and curtailment), one‑off impairments and provisions on coal assets, and a weak EnergyAustralia retail performance compounded by transformation and tax one‑offs. Management emphasized disciplined, value‑led growth, capital discipline and partnerships to mitigate funding needs and execution risks.Company Guidance
Stable group EBITDAF and operating earnings
EBITDAF was stable year‑on‑year at HKD 25.7 billion; operating earnings before fair value movements decreased marginally by ~2% to about HKD 10.6–10.7 billion, showing underlying resilience.
Strong Hong Kong performance
Core Hong Kong earnings rose ~7% to just over HKD 9.5 billion; completed smart meter rollout, maintained world‑class supply reliability despite record Black Rainstorms and 14 typhoons; electricity demand from data centers remains a growing structural driver.
Healthy cash generation and balance sheet
Free cash flow increased by HKD 1.6 billion to HKD 22.6 billion; available liquidity around HKD 29 billion; successfully raised over HKD 17 billion debt for Hong Kong SoC, with S&P and Moody's reaffirming investment‑grade ratings and Moody's upgrading EnergyAustralia outlook to positive (Baa2).
Dividend increase maintained
Board recommended total dividends of HKD 3.20 per share for FY2025, an increase of 1.6% versus 2024, reflecting confidence in cash flow and capital discipline.
Progress on low‑carbon growth and commissioning
Group non‑carbon capacity rose ~3% driven by renewables and batteries; commissioned the largest wind farm to date on the Chinese Mainland, launched first independent battery storage and second centralized control centre in Shandong; Apraava (India) fully commissioned 251 MW Sidhpur wind farm; Wooreen battery JV delivered a positive contribution (HKD 390 million booked following 50% JV with Banpu).
Capital allocation and transformation milestones
Capital investment declined 13% to HKD 16.4 billion (higher growth CapEx offset by absence of 2024 HQ acquisition); completed Phase 1 ERP rollout in Hong Kong and advanced enterprise transformation at EnergyAustralia to drive future cost efficiency.
Strong cash receipts and subsidy support
Received a record amount of renewable energy subsidies on the Chinese Mainland, boosting cash flow; fuel cost recovery and declining fuel prices supported SoC cash generation in Hong Kong.
Development pipeline and disciplined growth strategy
Pipeline remains healthy (China >1 GW pipeline; Apraava ~2 GW under development and targeting 9 GW by 2030); CLP signalled disciplined, value‑over‑volume approach and plans for onshore financing and clean energy funds to self‑fund growth.
HK:0002 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HK:0002 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 26, 2026 | HK$73.73 | HK$72.11 | -2.20% |
Oct 20, 2025 | HK$64.49 | HK$64.58 | +0.15% |
Aug 04, 2025 | HK$65.17 | HK$65.08 | -0.15% |
May 19, 2025 | HK$63.08 | HK$62.93 | -0.23% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does CLP Holdings Limited (HK:0002) report earnings?
CLP Holdings Limited (HK:0002) is schdueled to report earning on May 18, 2026, TBA (Confirmed).
What is CLP Holdings Limited (HK:0002) earnings time?
CLP Holdings Limited (HK:0002) earnings time is at May 18, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of CLP Holdings Limited stock?
The P/E ratio of CLP Holdings is N/A.
What is HK:0002 EPS forecast?
Currently, no data Available