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Huaneng Power International
(0902)
Huaneng Power International (0902) vs. iShares MSCI Hong Kong ETF (EWH)
Huaneng Power International Business Overview & Revenue Model
Huaneng Power International Earnings Call Summary
Huaneng Power International Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 238.78B | 245.55B | 254.40B | 246.72B | 204.61B | 169.44B |
| Gross Profit | 40.65B | 37.19B | 30.78B | 7.50B | 41.77B | 29.56B |
| EBITDA | 36.77B | 51.71B | 47.04B | 24.13B | 16.44B | 39.32B |
| Net Income | 11.94B | 10.14B | 8.45B | -10.08B | -13.19B | 4.56B |
Balance Sheet | ||||||
| Total Assets | 594.61B | 586.84B | 541.16B | 502.61B | 500.77B | 438.21B |
| Cash, Cash Equivalents and Short-Term Investments | 23.13B | 19.93B | 16.85B | 17.18B | 16.35B | 13.87B |
| Total Debt | 261.12B | 256.93B | 253.78B | 300.51B | 297.70B | 236.77B |
| Total Liabilities | 383.64B | 383.79B | 369.80B | 376.06B | 367.21B | 296.73B |
| Stockholders Equity | 142.05B | 137.41B | 52.51B | 108.54B | 113.05B | 121.70B |
Cash Flow | ||||||
| Free Cash Flow | -5.69B | -13.12B | -13.88B | -8.21B | -37.45B | -617.57M |
| Operating Cash Flow | 57.68B | 50.53B | 45.50B | 32.52B | 6.03B | 42.05B |
| Investing Cash Flow | -62.92B | -63.60B | -55.23B | -39.97B | -42.66B | -42.07B |
| Financing Cash Flow | 6.81B | 15.48B | 9.42B | 7.97B | 39.77B | 1.52B |
Huaneng Power International Technical Analysis
Huaneng Power International Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | HK$65.47B | 4.39 | 14.91% | 5.73% | 8.09% | 24.77% | |
73 Outperform | HK$94.90B | 3.11 | 13.23% | 5.89% | 1.42% | -10.32% | |
72 Outperform | HK$41.19B | 3.26 | 7.09% | 6.83% | 4.20% | -5.31% | |
68 Neutral | HK$71.66B | 4.34 | 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$121.05B | 4.95 | 8.00% | 4.74% | -3.78% | 34.93% | |
58 Neutral | HK$213.79B | 12.72 | 7.61% | 3.50% | -1.16% | -14.97% |
Huaneng Power International Corporate Events
Huaneng Power International, Inc. has announced the current composition of its board of directors, detailing the roles of executive, non-executive, independent non-executive, and employee representative directors, with Wang Kui serving as chairman. The company also outlined the membership structure of its four key board committees—Strategy, Audit, Nomination, and Remuneration and Appraisal—clarifying which directors serve on each, a move that enhances transparency in corporate governance and signals a structured approach to oversight and strategic decision-making for shareholders and other stakeholders.
The most recent analyst rating on (HK:0902) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Huaneng Power International stock, see the HK:0902 Stock Forecast page.
Huaneng Power International has amended its articles of association to provide for an 18-member board that includes one employee representative director and has now appointed Wang Yu as the employee representative director for the eleventh board term, following a democratic election by the employee representative assembly. Wang, a seasoned internal executive with extensive experience across finance, compliance and administration within the group, will serve without additional director-specific remuneration, and his appointment ensures the board’s composition remains compliant with Chinese corporate governance requirements limiting the proportion of directors who are also senior managers or employee representatives, reinforcing the company’s adherence to regulatory and governance standards.
The most recent analyst rating on (HK:0902) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Huaneng Power International stock, see the HK:0902 Stock Forecast page.
Huaneng Power International has completed the issuance of its first tranche of mid-term notes for 2026, a RMB2 billion special debenture for energy supply assurance with a 2+N-year maturity and a 1.91% coupon, under a broader mandate allowing the company to issue up to the equivalent of RMB170 billion in domestic and overseas debt instruments between its 2024 and 2025 annual general meetings. The notes, underwritten by China Merchants Bank, CSC Financial and CITIC Securities and placed in the domestic interbank bond market, will be used entirely to refinance existing special debentures for energy supply assurance, effectively rolling over funding to support the company’s ongoing energy security commitments without constituting a notifiable transaction under Hong Kong listing rules.
The most recent analyst rating on (HK:0902) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Huaneng Power International stock, see the HK:0902 Stock Forecast page.
Huaneng Power International reported that its operating power plants in mainland China sold 106.112 billion kWh of electricity in the fourth quarter of 2025, down 5.0% year-on-year, and 437.563 billion kWh for the full year, a decline of 3.39%, with the average settlement tariff falling 3.48% to RMB477.08 per MWh and the share of market-based trading dipping to 85.43%. The company attributed the overall drop in electricity sales and coal-fired output to the accelerated build-out of wind and photovoltaic capacity and increased generation from other clean energy sources, which displaced coal-fired generation but drove strong growth in new energy output, underscoring its ongoing shift toward a greener power mix and signaling a structural change in its revenue composition and operational profile.
The most recent analyst rating on (HK:0902) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Huaneng Power International stock, see the HK:0902 Stock Forecast page.
Huaneng Power International has completed the issuance of its second tranche of super short-term commercial papers for 2026, raising RMB3 billion in the domestic interbank bond market. The 27-day debentures, issued at an interest rate of 1.42% and underwritten by China Bohai Bank and Industrial Bank, fall within the company’s broader RMB170 billion debt financing mandate approved at its 2024 annual general meeting. Proceeds will be used to supplement working capital, optimize the firm’s debt structure, and repay bank loans and maturing obligations, signaling ongoing efforts to manage liquidity and funding costs without triggering any notifiable transaction requirements under Hong Kong listing rules.
The most recent analyst rating on (HK:0902) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Huaneng Power International stock, see the HK:0902 Stock Forecast page.
Huaneng Power International has completed the issuance of its first tranche of super short-term commercial papers for 2026, raising RMB3 billion in the domestic interbank bond market. The 27-day notes, carrying an interest rate of 1.42% and underwritten by China CITIC Bank and China Minsheng Banking, form part of a broader debt financing mandate of up to RMB170 billion approved at the company’s 2024 annual general meeting, and are intended to supplement working capital, adjust the firm’s debt structure and repay existing bank loans and maturing obligations, underscoring its ongoing efforts to manage liquidity and leverage without triggering major listing-rule transaction requirements.
The most recent analyst rating on (HK:0902) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Huaneng Power International stock, see the HK:0902 Stock Forecast page.
Huaneng Power International, Inc. announced that all resolutions proposed at its second extraordinary general meeting of 2025, held in Beijing on 23 December, were duly passed by poll, with the meeting convened and conducted in full compliance with PRC company law, Hong Kong listing requirements and the company’s articles of association. The meeting, which included changes to the composition of the board of directors, saw active shareholder participation, with more than 62% of voting shares represented, while several major connected shareholders, collectively holding about 46.23% of issued shares, were required to and did abstain from voting on two of the resolutions, underscoring adherence to related-party and corporate governance rules that are important to minority investors and overall market confidence.
The most recent analyst rating on (HK:0902) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Huaneng Power International stock, see the HK:0902 Stock Forecast page.
Huaneng Power International, Inc., a leading Chinese power generation company focused on the development and operation of power plants, plays a key role in supplying electricity to domestic markets. The company has announced the current composition of its Board of Directors, detailing the split between executive, non-executive, and independent non-executive directors and clarifying each director’s membership and responsibilities across its four specialized committees: Strategy, Audit, Nomination, and Remuneration and Appraisal. The updated roles, including committee chairmanships, underscore the company’s emphasis on structured corporate governance and oversight, which is likely to support strategic decision-making, risk management, and accountability to shareholders and other stakeholders.
The most recent analyst rating on (HK:0902) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Huaneng Power International stock, see the HK:0902 Stock Forecast page.
Huaneng Power International, Inc. has announced its 2025 second extraordinary general meeting to be held on December 23, 2025, in Beijing. The meeting will address several key resolutions, including the reappointment of accounting firms for 2026, approval of continuing connected transactions with Huaneng Group and Tiancheng Leasing, and the election of new directors. These decisions are crucial for the company’s operational continuity and governance, potentially impacting its strategic direction and stakeholder relations.
The most recent analyst rating on (HK:0902) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Huaneng Power International stock, see the HK:0902 Stock Forecast page.
Huaneng Power International, Inc. has proposed the election of Ms. Kou Yaozhou as a non-executive director and Mr. Zhang Xianchong as an independent non-executive director, expanding its board from 15 to 18 members. This move aims to enhance the board’s diversity and expertise, with Ms. Kou bringing financial management and corporate governance experience, and Mr. Zhang offering insights into the energy sector and strategic planning. The nominations align with the company’s governance framework and diversity policy, and Mr. Zhang’s independence has been confirmed.
The most recent analyst rating on (HK:0902) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Huaneng Power International stock, see the HK:0902 Stock Forecast page.