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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 |
| EBITDA | 25.60B | 19.40B | 13.07B | 10.63B | 11.97B |
| Net Income | 3.86B | 3.08B | 2.65B | -390.51M | 1.71B |
Balance Sheet | |||||
| Total Assets | 340.46B | 305.81B | 211.40B | 175.25B | 155.95B |
| Cash, Cash Equivalents and Short-Term Investments | 6.15B | 9.34B | 6.67B | 3.33B | 2.63B |
| Total Debt | 197.36B | 168.71B | 116.61B | 105.92B | 91.43B |
| 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 |
|---|---|---|---|---|---|---|---|
76 Outperform | $37.23B | 10.21 | 8.59% | 5.83% | 20.21% | 23.24% | |
75 Outperform | $108.52B | 10.45 | 7.63% | 4.36% | -5.49% | 28.25% | |
72 Outperform | $98.36B | 6.41 | 15.59% | 7.27% | 1.89% | 29.67% | |
71 Outperform | HK$54.92B | 11.15 | 17.92% | 0.41% | -1.05% | ― | |
67 Neutral | $110.78B | 9.11 | 7.93% | 3.65% | -7.20% | -9.40% | |
63 Neutral | HK$30.24B | 8.06 | 5.37% | 5.26% | -3.22% | 3.17% | |
60 Neutral | $61.81B | 8.27 | 13.59% | 3.45% | -5.59% | 25.60% |
China Power International Development Corporate Events
China Power International Development Limited reported a decrease in electricity sales for May 2025, with a total of 10,286,324 MWh sold, marking a 10.16% decline compared to the same month last year. Over the first five months of 2025, the company sold 51,237,216 MWh, a 2.30% decrease from the previous year. The decline was primarily driven by a significant drop in hydropower and coal-fired power sales, while wind and photovoltaic power saw increases. The reclassification of certain power plants due to changes in control and ownership has also impacted the reported figures.
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 successfully held a virtual general meeting on June 24, 2025, where a proposed asset restructuring was approved by a significant majority. This restructuring involves multiple agreements and undertakings aimed at enhancing the company’s operational efficiency and strategic positioning in the energy sector.
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 announced the successful passing of resolutions related to its Proposed Asset Restructuring during Yuanda Environmental’s shareholders’ meeting. This restructuring involves the acquisition of equity interests in target companies, with financial information prepared in compliance with PRC laws, potentially impacting the company’s operational strategy and market positioning.
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 announced the issuance of a RMB2 billion medium-term note in the PRC, marking the second tranche of such notes this year. This issuance, rated AAA with a stable outlook by Golden Credit Rating International Co., Ltd., is aimed at repaying maturing debts, and was publicly offered in the interbank bond market with several major banks acting as joint lead underwriters.
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 entered into an Equity Transfer Agreement to acquire a 35% equity interest in Jieyang Power for approximately RMB595 million. This acquisition includes rights to a coal-fired power generation project and an offshore wind power project in Guangdong Province, enhancing the company’s strategic positioning in the energy market.
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 issued a RMB2 billion medium-term note in the PRC, marking its first tranche of such notes for the year 2025. The note, which carries a 1.86% annual coupon rate and a three-year maturity, is rated AAA with a stable outlook and is intended to repay maturing debts, potentially strengthening the company’s financial stability and market position.
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 announced an update regarding its Proposed Asset Restructuring, which involves Yuanda Environmental publishing illustrative pro-forma financial statements for the target companies. The Board, Independent Financial Adviser, and Independent Board Committee have all maintained their positive opinions on the restructuring, deeming it beneficial and recommending shareholders to vote in favor at the upcoming General Meeting.
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 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.