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China Power International Development
(OTC: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 | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 56.22B | 46.14B | 44.40B | 35.93B | 28.66B | Gross Profit |
| 35.20B | 25.57B | 19.45B | 16.59B | 16.66B | EBIT |
| 12.17B | 8.72B | 5.65B | 4.86B | 6.98B | EBITDA |
| 25.60B | 19.40B | 13.07B | 10.63B | 11.97B | Net Income Common Stockholders |
| 3.86B | 3.08B | 2.65B | -390.51M | 1.71B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 6.15B | 9.34B | 6.67B | 3.33B | 2.63B | Total Assets |
| 340.46B | 305.81B | 211.40B | 175.25B | 155.95B | Total Debt |
| 197.36B | 168.71B | 116.61B | 105.92B | 91.43B | Net Debt |
| 191.29B | 162.98B | 112.38B | 104.15B | 90.12B | Total Liabilities |
| 232.92B | 210.79B | 142.81B | 122.87B | 110.16B | Stockholders Equity |
| 54.90B | 53.64B | 46.97B | 36.05B | 33.40B |
| Cash Flow | Free Cash Flow | |||
| -16.36B | -15.56B | -11.87B | -15.62B | -10.67B | Operating Cash Flow |
| 10.62B | 9.90B | 5.73B | 1.55B | 5.50B | Investing Cash Flow |
| -35.17B | -26.84B | -20.08B | -18.72B | -15.77B | Financing Cash Flow |
| 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 |
|---|---|---|---|---|---|---|---|
80 Outperform | $106.13B | 7.05 | 15.59% | 5.72% | 1.89% | 29.67% | |
76 Outperform | $39.96B | 10.95 | 8.59% | 4.54% | 20.21% | 23.24% | |
73 Outperform | HK$61.65B | 8.94 | 13.59% | 5.70% | -5.59% | 25.60% | |
71 Outperform | HK$110.17B | 10.43 | 7.63% | 4.44% | -5.49% | 28.25% | |
68 Neutral | £54.79B | 10.76 | 17.92% | 0.43% | -1.05% | ― | |
67 Neutral | $113.10B | 8.95 | 7.93% | 3.65% | -7.20% | -9.40% | |
64 Neutral | $8.52B | 10.27 | 4.69% | 4.38% | 4.14% | -13.04% |
China Power International Development Corporate Events
China Power International Development Limited held its annual general meeting on June 5, 2025, where all proposed resolutions were passed. Key resolutions included the adoption of financial statements, declaration of a final dividend, re-election of directors, and authorization for share allotment and buyback. The meeting was conducted virtually, with a significant majority of shareholders voting in favor of the resolutions, indicating strong support for the company’s strategic decisions.
The most recent analyst rating on (HK:2380) stock is a Buy with a HK$4.36 price target. To see the full list of analyst forecasts on China Power International Development stock, see the HK:2380 Stock Forecast page.
China Power International Development Limited held a general meeting on June 5, 2025, where shareholders approved the renewal of a Financial Services Framework Agreement with SPIC Financial Co., Ltd. The agreement, which includes deposit services, will be effective for three years from June 7, 2025, to June 6, 2028. This renewal reflects the company’s ongoing efforts to streamline its financial operations and maintain robust financial partnerships, potentially impacting its financial stability and strategic positioning in the energy sector.
The most recent analyst rating on (HK:2380) stock is a Hold with a HK$3.30 price target. To see the full list of analyst forecasts on China Power International Development stock, see the HK:2380 Stock Forecast page.
China Power International Development Limited announced that its subsidiary, Haiyang Wind Power, has entered into a Pre-Development and Technical Consultancy Agreement with Shandong Institute. This agreement, valued at approximately RMB39,980,000, involves comprehensive consulting services for an offshore wind power project in Shandong Province, China. The services are crucial for securing necessary regulatory approvals and ensuring the project’s economic and technical viability, thereby mitigating investment risks.
The most recent analyst rating on (HK:2380) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on China Power International Development stock, see the HK:2380 Stock Forecast page.
China Power International Development Limited’s subsidiary, Xinyuan Smart Storage, has entered into a BESS Procurement Contract with Haixi Energy to supply equipment and services for an energy storage system at the Tuosu Project. The contract, valued at RMB89,200,000, is classified as a connected transaction under Hong Kong’s Listing Rules due to the relationship between the involved parties. This agreement underscores the company’s strategic focus on expanding its energy storage capabilities, potentially enhancing its market position and operational efficiency in the energy sector.
The most recent analyst rating on (HK:2380) stock is a Hold with a HK$3.30 price target. To see the full list of analyst forecasts on China Power International Development stock, see the HK:2380 Stock Forecast page.
China Power International Development Limited has made a supplemental announcement to its 2024 annual report regarding its Share Incentive Scheme. The company disclosed that 67,196,300 shares are available for issue under the scheme, representing approximately 0.54% of its issued shares. This announcement provides additional clarity on the company’s share options, potentially impacting stakeholders’ understanding of its equity distribution strategy.
The most recent analyst rating on (HK:2380) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on China Power International Development stock, see the HK:2380 Stock Forecast page.
In April 2025, China Power International Development Limited reported a decrease in total electricity sales by 5.94% compared to the previous year, with a total of 10,203,229 MWh sold. Despite this decline, the cumulative sales for the first four months of 2025 showed a slight increase of 0.33% year-on-year. The company experienced significant shifts in its energy production mix, with wind and photovoltaic power showing growth, while hydropower and coal-fired power saw declines. These changes reflect the company’s ongoing adjustments in its energy portfolio and market strategy, impacting its operational dynamics and stakeholder interests.
The most recent analyst rating on (HK:2380) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on China Power International Development stock, see the HK:2380 Stock Forecast page.
China Power International Development Limited has announced a virtual general meeting scheduled for June 5, 2025, to approve the renewal of its financial services framework agreement with SPIC Financial Co., Ltd. The agreement includes a provision for deposit services with an annual cap of RMB12 billion. This renewal is significant for the company’s financial operations and reflects its strategic focus on maintaining robust financial management practices.
The most recent analyst rating on (HK:2380) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on China Power International Development stock, see the HK:2380 Stock Forecast page.
China Power International Development Limited has announced a virtual general meeting scheduled for June 24, 2025, to seek approval for a proposed asset restructuring. This restructuring involves several agreements and undertakings aimed at enhancing the company’s operational efficiency and market positioning. Shareholders can participate in the meeting online and are encouraged to vote on the resolutions, which include the approval of various restructuring agreements and authorizations for directors to implement necessary actions.
The most recent analyst rating on (HK:2380) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on China Power International Development stock, see the HK:2380 Stock Forecast page.
China Power International Development Limited has announced the appointment of three non-executive directors to its board committees, effective from May 16, 2025. These appointments aim to enhance the company’s corporate governance by improving gender and skill diversity within its committees. Ms. Huang Qinghua joins the Remuneration and Nomination Committee, Mr. Hu Jiandong joins the Strategic and Sustainable Development Committee, and Mr. Chen Pengjun joins the Risk Management Committee. These appointments are expected to bring diverse expertise in economic law, power-related industries, and corporate finance, respectively, thereby strengthening the company’s strategic direction and risk management practices.
The most recent analyst rating on (HK:2380) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on China Power International Development stock, see the HK:2380 Stock Forecast page.
China Power International Development Limited has announced the composition of its board of directors and the roles they will undertake. This update includes the establishment of five committees, each with specific responsibilities, reflecting the company’s commitment to strategic governance and sustainable development. The announcement underscores the company’s focus on enhancing its operational framework and strengthening its leadership structure to better navigate the challenges and opportunities in the energy sector.
The most recent analyst rating on (HK:2380) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on China Power International Development stock, see the HK:2380 Stock Forecast page.
China Power International Development Limited has announced the closure of its register of members in preparation for a general meeting scheduled for June 5, 2025. This meeting will seek shareholder approval for the renewal of a financial services framework agreement. The register will be closed from June 2 to June 5, 2025, to determine shareholder eligibility for voting, and all share transfers must be completed by May 30, 2025.
The most recent analyst rating on (HK:2380) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on China Power International Development stock, see the HK:2380 Stock Forecast page.
China Power International Development Limited announced a delay in the dispatch of a circular related to its Proposed Asset Restructuring. The circular, which includes details of the restructuring and recommendations from the Independent Board Committee, was initially expected to be sent out by 12 May 2025 but is now postponed to on or before 20 May 2025 due to additional time needed for bulk printing and dispatch. This delay may impact stakeholders’ timelines for reviewing the restructuring details.
China Power International Development Limited announced that its subsidiary, Wu Ling Power Corporation, has released its preliminary unaudited financial results for the first quarter of 2025. Wu Ling Power reported a revenue of RMB 1.6 billion and a net profit of RMB 907 million, highlighting its financial performance amidst the issuance of a RMB 4 billion asset guaranteed debt financing instrument. These figures, however, are specific to Wu Ling Power and do not reflect the overall financial status of the parent company, urging investors to exercise caution.
China Power International Development Limited has renewed its Financial Services Framework Agreement with SPIC Financial for another three-year term starting from June 2025. This agreement, which involves deposit, settlement, and loan services, is significant as SPIC Financial is a connected person under the Listing Rules due to its ownership stake. The renewal requires independent shareholder approval due to the nature of the transactions, which are classified as major under the Listing Rules, necessitating reporting and shareholder voting.
China Power International Development Limited reported a 3.95% increase in total electricity sold in March 2025 compared to the same period last year, with a total of 10,961,682 MWh sold. For the first three months of 2025, the company saw a 2.59% increase in electricity sales, totaling 30,747,663 MWh. The growth was driven by significant increases in wind and photovoltaic power generation, while coal-fired and natural gas power saw declines. These changes reflect the company’s strategic shift towards renewable energy sources, impacting its operational focus and potentially enhancing its industry positioning as a leader in sustainable energy.
China Power International Development Limited has announced its annual general meeting (AGM) will be held virtually on June 5, 2025. The meeting will address several key business items, including the adoption of financial statements, declaration of dividends, re-election of directors, and re-appointment of auditors. The AGM will also consider resolutions to authorize the board to issue additional shares and fix directors’ remuneration, reflecting the company’s ongoing governance and operational strategies.
China Power International Development Limited has announced a significant asset restructuring involving the transfer of equity interests in Wu Ling Power and Changzhou Hydropower to Yuanda Environmental. This transaction, valued at over RMB 27 billion, is structured as both an acquisition and disposal, with the company receiving consideration in shares and cash. The restructuring is classified as a discloseable transaction under Hong Kong’s Listing Rules, reflecting a strategic reorganization aimed at optimizing the company’s asset portfolio while maintaining control over the target companies.
China Power International Development Limited announced that its subsidiary, Haiwei Wind Power, has entered into an EPC Contracting Agreement with Shandong Institute for power transmission line engineering. This agreement, valued at RMB61,509,000, involves comprehensive services including survey design, equipment procurement, and construction. The transaction is considered a connected transaction under the Listing Rules due to the relationship with SPIC, the company’s controlling shareholder. While it requires announcement and reporting, it is exempt from independent shareholders’ approval.
China Power International Development Limited reported an 8.03% increase in total electricity sales for February 2025 compared to the same month last year, with a total of 9,804,644 MWh sold. The company’s wind and photovoltaic power sectors saw significant growth, while coal-fired power experienced a decline. This shift in energy production reflects the company’s strategic focus on renewable energy sources, potentially impacting its market positioning and stakeholder interests.
China Power International Development Limited reported a significant increase in its financial performance for the year ending December 31, 2024. The company achieved a 22.48% increase in revenue and a 44.24% rise in profit, driven by strong growth in its wind and photovoltaic power segments, which together accounted for 75% of the total profit. The hydropower segment also turned profitable due to improved hydrological conditions, while the thermal power segment saw an 18.37% profit increase due to steady coal demand and lower fuel costs. These results underscore the company’s successful transition towards clean energy and its commitment to sustainable growth.
China Power International Development Limited has announced a proposed final dividend of RMB0.162 per ordinary share for the year ending December 31, 2024, subject to approval at the upcoming annual general meeting on June 5, 2025. The company has also detailed the closure periods for the register of members to determine eligibility for the dividend and voting at the AGM. Additionally, due to its status as a PRC Tax Resident Enterprise, the company will not withhold income tax on dividends for natural person shareholders, while a 10% withholding tax will apply to non-individual shareholders.
China Power International Development Limited announced a final cash dividend of RMB 0.162 per share for the financial year ending December 31, 2024. The dividend will be paid in Hong Kong dollars at a rate of HKD 0.1754 per share, with the payment date set for June 30, 2025. This announcement underscores the company’s financial health and commitment to returning value to shareholders.