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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$62.65B | 7.61 | 14.91% | 5.73% | 8.09% | 24.77% | |
73 Outperform | HK$92.93B | 7.07 | 13.23% | 5.89% | 1.42% | -10.32% | |
72 Outperform | HK$40.08B | 11.01 | 7.09% | 6.83% | 4.20% | -5.31% | |
68 Neutral | HK$64.23B | 8.36 | 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$117.64B | 9.22 | 8.00% | 4.74% | -3.78% | 34.93% | |
56 Neutral | HK$109.82B | 10.24 | 6.88% | 5.33% | -9.28% | -7.71% |
China Power International Development Corporate Events
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 declined. For the first eleven months of 2025, however, total electricity sold edged down 1.17% to 115.60 million MWh, reflecting weaker coal-fired generation at controlled plants, partially offset by increased coal-fired output at associates and steady expansion in renewables, and the company cautioned that the figures are preliminary internal data, signaling mixed operational momentum and an ongoing shift in its generation mix that will be closely watched by investors.
The most recent analyst rating on (HK:2380) stock is a Buy 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 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 services. The company proposes maximum daily deposit balances with ABC Group of RMB20.31 billion, RMB25.78 billion and RMB32.71 billion for 2026, 2027 and 2028, respectively, and caps on loan services involving security of RMB19.43 billion, RMB24.38 billion and RMB30.66 billion over the same period. Because ABC Financial holds more than 10% of a key subsidiary, the transactions are treated as connected transactions under Hong Kong listing rules, but the Stock Exchange has granted a waiver from the strict written-agreement requirement, subject to caps, board approval and annual review. The bank services, which also cover unsecured loans, settlement and other services, are confirmed by independent non-executive directors to be on normal commercial terms or better, allowing most of them to proceed without the need for shareholder approval, thereby providing the group with continued, sizeable banking support while remaining within the connected-transaction regulatory framework.
The most recent analyst rating on (HK:2380) stock is a Buy 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 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 onshore PRC subsidiaries and associates for three years from 1 January 2026 to 31 December 2028. The new agreement, which succeeds the current framework expiring at the end of 2025, sets proposed annual caps on management fees payable to China Power of RMB61.445 million, RMB104.923 million and RMB120.661 million for 2026, 2027 and 2028 respectively, and is classified as a continuing connected transaction under Hong Kong listing rules, triggering reporting, announcement and annual review requirements but exempting it from independent shareholders’ approval. The arrangement underscores the company’s ongoing role in centralized management of CPI Holding’s onshore power assets, covering areas such as corporate planning, electricity sales, production safety, fuel procurement and financial and risk management, and is likely to provide a stable, growing stream of fee-based income while reinforcing operational integration within the CPI group.
The most recent analyst rating on (HK:2380) stock is a Buy 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 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 transaction cap of up to RMB6.126 billion for each of the 2026–2028 financial years, with coal pricing to be determined via arm’s length negotiations referencing national policies, market conditions, NDRC guidance, and published coal market data. As Huainan Mining is a substantial shareholder in three of China Power’s subsidiaries, the deal constitutes a continuing connected transaction under Hong Kong listing rules, but is exempt from circular and shareholder approval requirements after being approved by the board and confirmed by independent non-executive directors as fair, reasonable and in the interests of shareholders, leaving the company subject only to reporting and announcement obligations.
The most recent analyst rating on (HK:2380) stock is a Buy 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 completed its proposed asset restructuring, resulting in Yuanda Environmental becoming a subsidiary. This move consolidates Yuanda Environmental’s financial results into the group’s statements and expands its hydropower business. The restructuring includes a significant share issuance and a proposed name change to SPIC Hydropower Co., Ltd. Additionally, a voting agreement has been established with SPIC, entrusting voting rights for a portion of Yuanda Environmental’s shares to the company. This strategic restructuring is expected to enhance the company’s market positioning in the renewable energy sector.
The most recent analyst rating on (HK:2380) stock is a Buy 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 that following the completion of its proposed asset restructuring, the transactions under existing agreements with Yuanda Environmental and its subsidiaries have become continuing connected transactions. These agreements, which involve desulfurization, denitrification, dedusting, and water treatment services, are now subject to reporting and disclosure requirements under the Hong Kong Stock Exchange’s Listing Rules. This development underscores the company’s ongoing commitment to environmental sustainability and compliance with regulatory standards, potentially impacting its operational dynamics and stakeholder relationships.
The most recent analyst rating on (HK:2380) stock is a Buy 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 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.
The most recent analyst rating on (HK:2380) stock is a Buy 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 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.
The most recent analyst rating on (HK:2380) stock is a Buy 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 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.
The most recent analyst rating on (HK:2380) stock is a Buy 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 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.
The most recent analyst rating on (HK:2380) stock is a Buy 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 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.
The most recent analyst rating on (HK:2380) stock is a Buy 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 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.
The most recent analyst rating on (HK:2380) stock is a Buy 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 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.
The most recent analyst rating on (HK:2380) stock is a Buy 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 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.
The most recent analyst rating on (HK:2380) stock is a Buy 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, 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.
The most recent analyst rating on (HK:2380) stock is a Buy 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.