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China Power International Development
(2380)
China Power International Development (2380) vs. iShares MSCI Hong Kong ETF (EWH)
China Power International Development Business Overview & Revenue Model
China Power International Development Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 53.73B | 56.22B | 46.14B | 44.40B | 35.93B | 28.66B |
| Gross Profit | 36.13B | 35.20B | 25.57B | 19.45B | 16.59B | 16.66B |
| EBITDA | 26.11B | 25.60B | 19.40B | 13.07B | 10.63B | 11.97B |
| Net Income | 3.89B | 3.86B | 3.08B | 2.65B | -256.26M | 1.71B |
Balance Sheet | ||||||
| Total Assets | 352.71B | 340.46B | 305.81B | 211.40B | 175.25B | 155.95B |
| Cash, Cash Equivalents and Short-Term Investments | 8.89B | 6.15B | 5.80B | 6.67B | 3.33B | 2.63B |
| Total Debt | 204.77B | 197.36B | 168.71B | 116.61B | 105.92B | 91.43B |
| Total Liabilities | 239.82B | 232.92B | 210.79B | 142.81B | 122.87B | 110.16B |
| Stockholders Equity | 55.33B | 54.90B | 53.64B | 46.97B | 36.05B | 33.40B |
Cash Flow | ||||||
| Free Cash Flow | -12.85B | -16.36B | -15.56B | -11.87B | -15.62B | -10.67B |
| Operating Cash Flow | 12.67B | 10.62B | 9.90B | 5.73B | 1.55B | 5.50B |
| Investing Cash Flow | -30.60B | -35.17B | -26.84B | -20.08B | -18.72B | -15.77B |
| Financing Cash Flow | 20.55B | 24.89B | 18.45B | 16.81B | 17.61B | 10.35B |
China Power International Development Technical Analysis
China Power International Development Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | HK$64.67B | 8.01 | 14.91% | 5.53% | 8.09% | 24.77% | |
73 Outperform | HK$92.98B | 7.07 | 13.23% | 5.83% | 1.42% | -10.32% | |
72 Outperform | $42.68B | 11.72 | 7.09% | 6.67% | 4.20% | -5.31% | |
68 Neutral | £62.73B | 8.47 | 20.65% | 5.53% | -0.44% | 333.39% | |
67 Neutral | HK$108.17B | 10.25 | 6.88% | 5.20% | -9.28% | -7.71% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
63 Neutral | $124.63B | 10.02 | 8.00% | 4.65% | -3.78% | 34.93% |
China Power International Development Corporate Events
China Power International Development Limited announced that its subsidiary, Tianmen Clean Energy, has entered into EPC Contracting Agreements with Shandong Institute for two wind power projects in Tianmen, Hubei Province. These agreements, valued at approximately RMB939,202,000, involve comprehensive services including project surveying, design, and construction. The transactions are classified as connected transactions due to the relationship with SPIC, the company’s controlling shareholder, but are exempt from independent shareholders’ approval.
China Power International Development Limited reported a decline in electricity sales for October 2025, with a total of 9,235,140 MWh sold, marking a 5.29% decrease compared to the previous year. The company’s overall sales for the first ten months of 2025 also saw a decrease of 2.51% year-on-year. The announcement highlights changes in the company’s power plant classifications, with wind power projects now under controlled power plants and coal-fired power generation reclassified as major associates. These shifts reflect strategic adjustments in the company’s operations and could impact its market positioning and stakeholder interests.
China Power International Development Limited has updated the terms of reference for its Remuneration and Nomination Committee, initially established in 2004. The committee is responsible for advising the board on remuneration policies, director nominations, and board evaluations, ensuring compliance with corporate governance codes and listing rules. This move is aimed at enhancing the company’s governance framework and aligning its executive compensation and board composition with industry standards.
China Power International Development Limited has updated the terms of reference for its Remuneration and Nomination Committee, which was originally established in 2004. The Committee’s role is to assist the Board in developing procedures and policies related to the remuneration and nomination of directors and senior management. This update aims to align with corporate governance standards and the Listing Rules of the Hong Kong Stock Exchange, potentially impacting the company’s governance practices and stakeholder relations.
China Power International Development Limited announced a change in its executive leadership, with Mr. Zhao Yonggang appointed as the new Executive Director and President, succeeding Mr. Gao Ping, effective from October 30, 2025. This leadership transition is expected to bring new strategic direction and continuity in the company’s operations, as Mr. Zhao has extensive experience within the company and its affiliates, which may positively impact the company’s future growth and stakeholder relations.
China Power International Development Limited has announced the composition of its board of directors and the roles they will play within the company. The board, led by Chairman Wang Zichao, includes a mix of executive, non-executive, and independent non-executive directors, who will serve on various committees such as audit, remuneration, risk management, and strategic development. This announcement highlights the company’s commitment to structured governance and strategic oversight, which is crucial for its operational efficiency and industry positioning.
China Power International Development Limited reported a decrease in electricity sales for September 2025, with a total of 9,465,705 MWh sold, down 11.51% from the previous year. The company’s total electricity sales for the first nine months of 2025 also saw a decline of 2.24% compared to the same period last year. The announcement highlights shifts in power generation types, with significant decreases in coal-fired power and increases in photovoltaic power. These changes reflect the company’s ongoing adjustments in its power generation portfolio, which may impact its market positioning and stakeholder interests.
China Power International Development Limited has announced a significant change in its leadership, effective from October 17, 2025. Mr. WANG Zichao has been appointed as the new Executive Director and Chairman of the Board, succeeding Mr. HE Xi, who has resigned due to work arrangement adjustments. Mr. WANG brings extensive experience in the power industry and has held various leadership roles within the company and its subsidiaries. This leadership transition is expected to impact the company’s strategic direction and operational management, potentially influencing its market positioning and stakeholder relationships.
China Power International Development Limited has announced the composition of its Board of Directors, highlighting the roles and functions of each member. This announcement underscores the company’s commitment to structured governance and strategic management, potentially impacting its operational efficiency and stakeholder confidence.
In August 2025, China Power International Development Limited reported a 4.78% increase in total electricity sold compared to the same month last year, amounting to 11,721,471 MWh. However, for the first eight months of 2025, the company experienced a 1.11% decrease in total electricity sold compared to the same period in 2024. Notably, the company saw significant growth in wind and photovoltaic power sales, while coal-fired and natural gas power sales declined. These shifts indicate a strategic focus on renewable energy sources, aligning with global trends towards sustainable energy solutions.
China Power International Development Limited has announced the issuance of a RMB2 billion green medium-term note, known as a Blue Bond, in the People’s Republic of China. This bond, which is part of the company’s debt financing instruments, is aimed at supporting projects with positive environmental impacts, specifically in the ocean sector. The proceeds from this issuance will be directed towards the construction and operation of a 450MW offshore wind power project in Shandong Province, enhancing the company’s commitment to sustainable energy and ocean conservation.
China Power International Development Limited has entered into a Second Supplemental Compensation Agreement with Xiangtou International and Yuanda Environmental as part of a proposed asset restructuring. This agreement involves amendments to previous compensation agreements, specifically removing certain provisions related to Wu Ling Power. The restructuring is under regulatory review, and the company expects no impact on the maximum compensation amount or its financial consolidation of Yuanda Environmental. The directors consider the terms fair and in the best interests of the company and its shareholders.
China Power International Development Limited has entered into an Equity Transfer Agreement to acquire a 31% equity interest in Dazhou Energy for RMB458,800,000. This acquisition is part of a connected transaction under the Listing Rules, as Dazhou Energy holds the development rights to a major clean coal power project in Sichuan Province, which includes the construction of two ultra-supercritical coal-fired power generating units with a total capacity of 2,000MW. The move is expected to enhance China Power’s position in the clean energy sector, contributing to its strategic growth and operational expansion in the region.