Top Page
China Resources Power Holdings Co
(OTC:0836)
China Resources Power Holdings Co (0836) vs. iShares MSCI Hong Kong ETF (EWH)
China Resources Power Holdings Co Business Overview & Revenue Model
China Resources Power Holdings Co Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 104.43B | 105.28B | 103.33B | 103.31B | 90.41B | 69.55B |
| Gross Profit | 52.03B | 50.01B | 45.34B | 14.19B | 7.12B | 16.19B |
| EBITDA | 39.09B | 38.96B | 34.39B | 27.98B | 20.71B | 25.81B |
| Net Income | 12.90B | 14.39B | 11.00B | 7.04B | 2.14B | 7.58B |
Balance Sheet | ||||||
| Total Assets | 390.71B | 362.46B | 322.40B | 283.39B | 287.97B | 259.63B |
| Cash, Cash Equivalents and Short-Term Investments | 9.36B | 5.83B | 4.08B | 7.72B | 7.93B | 5.04B |
| Total Debt | 205.14B | 194.16B | 166.86B | 139.59B | 135.73B | 109.29B |
| Total Liabilities | 258.93B | 242.51B | 217.85B | 193.50B | 191.13B | 164.51B |
| Stockholders Equity | 120.55B | 109.84B | 84.97B | 82.24B | 88.99B | 85.80B |
Cash Flow | ||||||
| Free Cash Flow | -15.79B | -16.00B | -9.91B | -12.46B | -21.22B | -12.43B |
| Operating Cash Flow | 37.44B | 33.70B | 28.87B | 20.12B | 4.47B | 18.10B |
| Investing Cash Flow | -52.89B | -52.07B | -43.99B | -33.85B | -19.97B | -28.62B |
| Financing Cash Flow | 16.96B | 20.40B | 11.83B | 10.16B | 14.73B | 7.49B |
China Resources Power Holdings Co Technical Analysis
China Resources Power Holdings Co Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | HK$62.84B | 7.73 | 14.91% | 5.73% | 8.09% | 24.77% | |
73 Outperform | HK$93.14B | 7.14 | 13.23% | 5.89% | 1.42% | -10.32% | |
71 Outperform | HK$179.25B | 15.89 | 10.96% | 4.54% | 2.02% | 51.27% | |
68 Neutral | HK$64.64B | 8.58 | 20.65% | 5.62% | -0.44% | 333.39% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
63 Neutral | HK$117.79B | 9.31 | 8.00% | 4.74% | -3.78% | 34.93% | |
56 Neutral | $111.23B | 10.34 | 6.88% | 5.33% | -9.28% | -7.71% |
China Resources Power Holdings Co Corporate Events
China Resources Power Holdings has signed a supplemental framework agreement with its controlling shareholder, China Resources (Holdings) Company Limited (CRH), to substantially increase the annual caps for gas product purchases for 2026 and 2027, raising each year’s cap from RMB100 million to RMB350 million. The move reflects the group’s strategy to centralize and consolidate procurement with the CRH Group from 2026 onwards to improve cost and time efficiency, shifting volume away from independent third-party suppliers; under Hong Kong listing rules, the revised caps constitute continuing connected transactions requiring reporting and announcement but are exempt from independent shareholders’ approval, underscoring closer intra-group collaboration while maintaining compliance with connected-transaction regulations.
The most recent analyst rating on (HK:0836) stock is a Buy with a HK$22.90 price target. To see the full list of analyst forecasts on China Resources Power Holdings Co stock, see the HK:0836 Stock Forecast page.
China Resources Power Holdings has signed a Financial Services Cooperation Agreement with China Resources Leasing, a non-wholly-owned subsidiary of its controlling shareholder China Resources Co, under which CR Leasing will provide finance leasing and factoring financing services to the power group from 1 January 2026 to 31 December 2027. The transactions are classified as connected transactions under Hong Kong listing rules but fall below the 5% threshold, meaning they require reporting, annual review and announcement but are exempt from shareholder approval and independent financial advice, and the board has emphasized governance measures, including a voluntary abstention from voting by a director with overlapping roles, as the group seeks structured internal financing support to back its operational needs.
The most recent analyst rating on (HK:0836) stock is a Buy with a HK$22.90 price target. To see the full list of analyst forecasts on China Resources Power Holdings Co stock, see the HK:0836 Stock Forecast page.
China Resources Power Holdings Co. has renewed its intragroup funding arrangement, with wholly owned unit New Energy Holdings signing a new 2026 Framework Agreement to continue providing financial assistance to partly owned affiliate New Energy (Liangshan) from 1 January 2026 to 31 December 2028, subject to annual caps and implemented through separate underlying agreements. As New Energy (Liangshan) is deemed a connected person under Hong Kong listing rules, the financial support remains classified as continuing connected transactions; however, the deal size falls within thresholds that require reporting, annual review and public disclosure but exempt the company from issuing a circular, obtaining independent financial advice or seeking independent shareholders’ approval, indicating a routine renewal that maintains funding support for the group’s new energy operations without triggering heightened governance procedures.
The most recent analyst rating on (HK:0836) stock is a Buy with a HK$22.90 price target. To see the full list of analyst forecasts on China Resources Power Holdings Co stock, see the HK:0836 Stock Forecast page.
China Resources Power Holdings Company Limited has announced the current composition of its board of directors, comprising executive, non-executive, and independent non-executive directors, including Chairman Shi Baofeng, President Wang Bo, and Lead Independent Non-Executive Director Yang Yuchuan. Effective 19 December 2025, the company has also set out the membership and chairmanship of its four key board committees—Sustainability, Audit and Risk, Nomination, and Remuneration—clarifying governance responsibilities among directors and reinforcing its oversight framework, particularly in areas of sustainability, risk management, and executive remuneration, which are increasingly important to investors and other stakeholders.
The most recent analyst rating on (HK:0836) stock is a Buy with a HK$22.90 price target. To see the full list of analyst forecasts on China Resources Power Holdings Co stock, see the HK:0836 Stock Forecast page.
China Resources Power has announced a board reshuffle effective 19 December 2025, with executive director Liu Xiusheng stepping down due to other work arrangements, and confirming there is no disagreement with the board or issues requiring shareholder attention. He is succeeded by long-serving company veteran Hou Yongjie, who brings more than two decades of experience in regional and plant-level management within the group, while his director’s remuneration will be set later based on responsibilities and market conditions. In parallel, the company has strengthened its corporate governance structure by appointing Man Wing Yee, Ginny as an independent non-executive director and a member of both the Audit and Risk Committee and the Remuneration Committee, reinforcing independent oversight of risk, financial reporting and pay policies.
The most recent analyst rating on (HK:0836) stock is a Buy with a HK$22.90 price target. To see the full list of analyst forecasts on China Resources Power Holdings Co stock, see the HK:0836 Stock Forecast page.
In October 2025, China Resources Power Holdings Co reported a slight decrease of 0.4% in total net generation from its subsidiary power plants compared to the previous year, totaling 16,615,409 MWh. Despite this, the company saw significant growth in its renewable energy sector, with wind farms and photovoltaic power plants increasing their output by 0.1% and 39.4% respectively. Over the first ten months of 2025, the company’s net generation increased by 6.5%, driven by substantial growth in wind and photovoltaic power, which rose by 14.4% and 53.6% respectively, indicating a strong push towards renewable energy.
The most recent analyst rating on (HK:0836) stock is a Buy with a HK$22.90 price target. To see the full list of analyst forecasts on China Resources Power Holdings Co stock, see the HK:0836 Stock Forecast page.
China Resources Power Holdings Company Limited announced the unaudited financial results of its wholly-owned subsidiary, China Resources Power Investment Company Limited, for the first nine months of 2025. The subsidiary reported a decrease in revenue but a notable increase in net profit compared to the same period in 2024. The financials indicate a strong performance in terms of profitability despite a decline in revenue, suggesting improved operational efficiency or cost management. Stakeholders are advised to exercise caution as these figures are unaudited and may not fully represent the group’s overall financial status.
The most recent analyst rating on (HK:0836) stock is a Buy with a HK$20.50 price target. To see the full list of analyst forecasts on China Resources Power Holdings Co stock, see the HK:0836 Stock Forecast page.
In September 2025, China Resources Power Holdings Co reported a decrease of 8.0% in total net generation from its subsidiary power plants, attributed to adverse weather conditions and maintenance activities. Despite this monthly decline, the company experienced a 4.2% increase in net generation for the first nine months of 2025, driven by substantial growth in its wind and photovoltaic power sectors, indicating a strategic shift towards renewable energy that could enhance its market positioning and appeal to environmentally conscious stakeholders.
The most recent analyst rating on (HK:0836) stock is a Buy with a HK$20.00 price target. To see the full list of analyst forecasts on China Resources Power Holdings Co stock, see the HK:0836 Stock Forecast page.