China Power International Development Ltd (HK:2380)
:2380
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China Power International Development
(2380)
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Rating:56Neutral
Price Target:
HK$3.50
▲(8.02% Upside)
Action:DowngradedDate:03/22/26
The score is held back primarily by financial constraints—high leverage and consistently negative free cash flow—despite stable profitability. Valuation is a major positive (very low P/E and high dividend yield), while technical signals are mostly neutral with only mild oversold indications.
Positive Factors
Revenue Growth
Consistent revenue growth indicates strong market demand and effective business strategies, enhancing long-term financial stability.
Negative Factors
High Leverage
High leverage can limit financial flexibility and increase risk, necessitating careful debt management to ensure long-term financial health.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Consistent revenue growth indicates strong market demand and effective business strategies, enhancing long-term financial stability.
Read all positive factors
China Power International Development (2380) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$39.21B
Dividend Yield6.83%
Average Volume (3M)21.55M
Price to Earnings (P/E)10.8
Beta (1Y)0.31
Revenue Growth4.20%
EPS Growth-5.31%
CountryHK
Employees14,776
SectorUtilities
Sector Strength65
IndustryRegulated Electric
Share Statistics
EPS (TTM)0.03
Shares Outstanding12,370,151,000
10 Day Avg. Volume16,937,795
30 Day Avg. Volume21,554,934
Financial Highlights & Ratios
PEG Ratio-0.73
Price to Book (P/B)0.61
Price to Sales (P/S)0.75
P/FCF Ratio-26.37
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$3.87Price Target Upside19.38% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)0.24
Revenue Forecast (FY)HK$48.53B
China Power International Development Business Overview & Revenue Model
Company Description
China Power International Development Limited, an investment holding company, develops, constructs, owns, operates, and manages power plants in the People's Republic of China. The company operates through Coal-Fired Electricity, Hydropower Electri...
How the Company Makes Money
Revenue is generated primarily from selling electricity produced by its power plants to grid companies (and/or power market counterparties where market-based trading applies). The company’s core revenue stream is power sales: it earns income based...
China Power International Development Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
38
Negative
Cash Flow
29
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 47.76B | 56.22B | 46.14B | 44.40B | 35.93B |
| Gross Profit | 11.10B | 35.20B | 25.57B | 19.45B | 16.59B |
| EBITDA | 21.12B | 25.60B | 19.40B | 13.07B | 10.63B |
| Net Income | 3.32B | 3.86B | 3.08B | 2.65B | -256.26M |
Balance Sheet | |||||
| Total Assets | 367.71B | 340.46B | 305.81B | 211.40B | 175.25B |
| Cash, Cash Equivalents and Short-Term Investments | 6.60B | 6.15B | 5.80B | 6.67B | 3.33B |
| Total Debt | 210.42B | 197.36B | 168.71B | 116.61B | 105.92B |
| Total Liabilities | 249.63B | 232.92B | 210.79B | 142.81B | 122.87B |
| Stockholders Equity | 58.66B | 54.90B | 53.64B | 46.97B | 36.05B |
Cash Flow | |||||
| Free Cash Flow | -1.36B | -16.36B | -15.56B | -11.87B | -15.62B |
| Operating Cash Flow | 18.63B | 10.62B | 9.90B | 5.73B | 1.55B |
| Investing Cash Flow | -21.70B | -35.17B | -26.84B | -20.08B | -18.72B |
| Financing Cash Flow | 3.37B | 24.89B | 18.45B | 16.81B | 17.61B |
China Power International Development Technical Analysis
Negative
3.24
Price Trends
3.25
Negative
3.31
Negative
3.27
Negative
Market Momentum
-0.02
Positive
42.09
Neutral
16.49
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2380, the sentiment is Negative. The current price of 3.24 is below the 20-day moving average (MA) of 3.29, below the 50-day MA of 3.25, and below the 200-day MA of 3.27, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 42.09 is Neutral, neither overbought nor oversold. The STOCH value of 16.49 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2380.
China Power International Development Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | HK$96.86B | 6.06 | 12.76% | 5.89% | 1.42% | -10.32% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
62 Neutral | HK$241.51B | 13.97 | 7.98% | 3.50% | -1.16% | -14.97% | |
61 Neutral | HK$58.03B | 7.66 | 9.76% | 5.73% | 8.09% | 24.77% | |
56 Neutral | HK$39.21B | 10.82 | 5.96% | 6.83% | 4.20% | -5.31% | |
56 Neutral | HK$112.44B | 6.58 | 11.62% | 4.74% | -3.78% | 34.93% | |
52 Neutral | HK$111.83B | 11.02 | 6.01% | 5.33% | -9.28% | -7.71% |
* Utilities Sector Average
HK:2380
China Power International Development
3.17
0.49
18.37%
HK:1816
CGN Power Co
3.52
1.16
49.03%
HK:0916
China Longyuan Power Group
7.04
1.44
25.76%
HK:0836
China Resources Power Holdings Co
18.71
1.87
11.10%
HK:1071
Huadian Power International
4.04
0.08
2.05%
HK:0902
Huaneng Power International
5.96
1.82
44.10%
China Power International Development Corporate Events
China Power Adjusts AGM Date and Dividend Record Timetable for 2026
Mar 23, 2026
China Power International Development has rescheduled its 2026 annual general meeting from 4 June to 8 June 2026 due to administrative arrangements, prompting a change to the associated record date and book closure period. Shareholders’ elig...
China Power International Declares 2025 Final Dividend and Updates Key Dates
Mar 23, 2026
China Power International Development has declared a final ordinary dividend of RMB 0.168 per share for the financial year ended 31 December 2025, equivalent to HKD 0.1911 per share based on an exchange rate of RMB 1 to HKD 1.1375. The dividend, s...
China Power’s 2025 Profit Slips as Market-Based Tariffs Pressure Renewables
Mar 20, 2026
China Power International Development reported a 9.6% drop in 2025 revenue to RMB49.0 billion and a 9.5% decline in net profit to RMB5.9 billion, with earnings per share down 11.1%, even as total power generation and electricity sold edged only sl...
China Power Proposes 2025 Final Dividend and Clarifies Tax Treatment
Mar 20, 2026
China Power International Development plans to propose a final dividend of RMB0.168 per share for the 2025 financial year, equivalent to HK$0.1911, subject to shareholder approval at its annual general meeting on 4 June 2026. The company will clos...
China Power International Declares Final 2025 Dividend and Sets Key Dates
Mar 20, 2026
China Power International Development has declared a final ordinary dividend of RMB 0.168 per share for the financial year ended 31 December 2025, equivalent to HKD 0.1911 per share based on an exchange rate of RMB 1 to HKD 1.1375. The payout is s...
China Power unit hires SPIC affiliate for key Rizhao offshore wind consulting
Mar 18, 2026
China Power International Development’s indirect wholly owned unit Rizhao Wind Power has signed a comprehensive consulting services contract with Shandong Institute for the Rizhao Offshore Wind Power Project in Shandong province. The RMB176....
China Power Unit Wins RMB59.9 Million Intra-Group Dedusting Contract for Liutang Project
Mar 13, 2026
China Power International Development’s indirect non wholly-owned subsidiary Yuanda Engineering Company has signed a RMB59.86 million contract with Shandong Ludian, another unit of the group’s controlling shareholder SPIC, to supply de...
China Power International Sets March Board Meeting to Approve 2025 Results and Consider Dividend
Mar 10, 2026
China Power International Development announced that its board will meet on 20 March 2026 to approve the audited final results for the financial year ended 31 December 2025. At the same meeting, directors will also consider the declaration of a fi...
China Power’s January Power Sales Rise on Strong Coal and Gas Output
Mar 4, 2026
China Power International Development reported that its group-wide electricity sales reached 10,459,543 MWh in January 2026, a 4.79% increase year on year, driven mainly by strong growth in coal-fired and natural gas generation alongside modest ga...
China Power Signs RMB768 Million Connected EPC Deals for Lubei Integrated Renewables Project
Feb 13, 2026
China Power International Development’s indirect subsidiary Weifang New Energy has signed three engineering, procurement and construction contracts with connected parties State Nuclear Institute and Shandong Institute to build Phase I of the...
China Power to Take Full Control of Xinyuan Green Power via Capital Reduction Deal
Feb 12, 2026
China Power International Development has agreed to a capital reduction arrangement that will see CCB Investment fully exit Xinyuan Green Power, a non-wholly owned subsidiary, via a directed capital reduction of RMB1.67 billion in registered capit...
China Power Unit Wins RMB452 Million Energy Storage Contract in Connected Deal
Feb 5, 2026
China Power International Development’s non wholly-owned subsidiary Xinyuan Smart Storage has signed a RMB452.1 million contract to supply battery energy storage system equipment, components and related services for the Tacheng Project, an e...
China Power Unit Wins RMB199 Million Desulfurization EPC Contract in Connected Deal
Jan 29, 2026
China Power International Development’s indirect non-wholly owned subsidiary, Yuanda Engineering Company, has entered into an engineering, procurement and construction (EPC) contracting agreement with Dazhou Energy for the desulfurization sy...
China Power’s 2025 Power Sales Dip Slightly as Renewables Gain Share
Jan 26, 2026
China Power International Development reported that its group-wide electricity sold in December 2025 fell 2.31% year on year to 10.73 million MWh, while full-year 2025 sales edged down 1.27% to about 126.33 million MWh. The figures highlight stron...
China Power Renames Shanghai-Listed Subsidiary to SPIC Hydropower After Asset Restructuring
Jan 8, 2026
China Power International Development has announced that its Shanghai-listed subsidiary SPIC Yuanda Environmental-Protection Co., Ltd. has been renamed SPIC Hydropower Co., Ltd., with its stock abbreviation changing to “SPIC Hydropower”...
China Power International Sets Out Board and Committee Structure
Jan 6, 2026
China Power International Development Limited has disclosed the current composition of its board of directors and detailed the allocation of responsibilities across its five key board committees. The announcement confirms Gui Xude as chairman and ...
China Power International Development Names Gui Xude as New Chairman in Leadership Reshuffle
Jan 6, 2026
China Power International Development has announced a leadership reshuffle effective 6 January 2026, with chairman and executive director Wang Zichao stepping down from his roles, including as authorized representative and head of the company̵...
China Power’s November Electricity Sales Jump 15% on Renewables Strength
Dec 31, 2025
China Power International Development reported that its total electricity sold in November 2025 rose 15.38% year on year to 10.10 million MWh, driven by strong growth in hydropower, wind and solar output, while coal-fired and gas-fired generation ...
China Power Renews Caps on Connected Banking Transactions With ABC Group Through 2028
Dec 30, 2025
China Power International Development has renewed its framework for continuing connected banking transactions with Agricultural Bank of China (ABC) Group for the financial years 2026 to 2028, setting new annual caps on deposit and loan-related ser...
China Power Renews Entrusted Management Deal With Controlling Shareholder CPI Holding
Dec 29, 2025
China Power International Development has renewed its entrusted management framework agreement with controlling shareholder CPI Holding, under which it will continue to provide planning, operating and management services to CPI Holding’s ons...
China Power Renews Three-Year Coal Supply Pact with Huainan Mining
Dec 29, 2025
China Power International Development has renewed its coal supply framework with Huainan Mining for a further three years from 1 January 2026 to 31 December 2028, ensuring continued coal supply to its subsidiaries. The new agreement sets an annual...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.