Independent Power and Renewable Electricity Producers

Huadian Power International Submits Application for Huadian Coal Power REIT and Receives Acceptance

Shanghai Ruijing Asset Management Reduced its Holding in Huadian Power International

Huanneng Mengdong New Energy Meets with Wengniute Banner Government to Advance 500 MW Photovoltaic Project

Citi Maintains Sell Rating on Huaneng Power International

Huadian International Power reports 9.83% drop in net profit for Q1 2026

HPI released FY2026 Q1 earnings on April 28 During-Market (BJT), actual revenue CNY 56.78 B (forecast CNY 65.13 B), actual EPS CNY 0.25

Huadian Power International Announced Issuance of 3 Billion Yuan Short-Term Financing Coupon

China Huaneng Completes Inner Dome Hoisting for Huanneng Shidao Bay Nuclear Power Plant Expansion Phase I Unit 1

China Huadian Successfully Commences China's First Fully Indigenous Control System Hydropower-Solar Complementary Project

Huanneng Dengegongtou New Energy Co., Ltd Established

Huadian Power International Completes the Issuance of the Seventh Series of Ultra-Short Term Financing Notes in 2026

The Secretary of the Hubei Provincial Committee Meets with the Chairman of China Huadian Corporation

HPI to Release FY2026 Q1 Earnings on April 28 During-Market (BJT), Forecast Revenue CNY 65.13 B

Five State-Owned Power Generators Post Surging Profits Amid Falling Fuel Costs

Nomura Downgrades Target Price for Huadian Power International to HKD 5.20

Huadian International's 上网电量 and average electricity sales price declined in Q1 2026

Huanneng International Power Major Impairment Assessment in 2025 Results in 15.01 Billion Yuan Profit Reduction

Huadian International Power Announces FY25 Net Profit of 145.37 Billion Yuan and Dividend of 0.4 Yuan

HPI released FY2025 Annual Earnings on March 24 After-Market (BJT), actual revenue CNY 229.29 B (forecast CNY 236.13 B), actual EPS CNY 0.74 (forecast CNY 0.8336)

HPI released FY2025 Q4 earnings on March 24 After-Market (BJT), actual revenue CNY 56.31 B (forecast CNY 62.06 B), actual EPS CNY -0.4119 (forecast CNY -0.8)

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Citi's research report indicates that while coal prices have risen, China's coal-fired independent power producers (IPPs) saw a 20% increase in share prices over the past three months. However, Citi forecasts that margins will narrow due to higher coal costs, leading to weaker performance. The bank assigned Sell ratings to HUANENG POWER, CHINA RES POWER, and HUADIAN POWER, citing a focus on company fundamentals and the impact of the upcoming ex-dividend period.

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HDPI

CHINA RES POWER

HUADIAN POWER

HUANENG POWER

Citigroup

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Huaneng Power International, Inc. Sponsored ADR Class N

Citi Expects Power Stocks to Underperform on Rising Coal Costs Squeezing Margins

HNPIY

Citi analyst maintained a Sell rating on Huaneng Power International yesterday and set a price target of HK$4.60.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Huaneng Power International with a HK$5.17 average price target.

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Citi Sticks to Their Sell Rating for Huaneng Power International (HUNGF)

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Citi's research report indicates that HUANENG POWERis expected to see a decline in EPS and dividends in 2026-2027, leading to a reduced appeal as a dividend stock. The company reported a 9.8% YoY drop in Q1 net profit to RMB4.483 billion, with significant decreases in contributions from wind and solar power. Electricity sales in China also fell by 4.8% YoY. Citi maintains a Sell rating on HUANENG POWER with a target price of HKD4.6.

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Citi Expects HUANENG POWER  EPS and Dividends to Decline in 2026-2027, Rates Sell

Huaneng Power International reported a decline in Q1 2026 profit and cash flow, with operating revenue at RMB 56.78 billion and net profit of RMB 4.48 billion, both down year-on-year. Key indicators showed a 12% drop in net profit after non-recurring items and a decrease in return on net assets to 5.78%. Operating cash flow fell nearly 29%, indicating pressure on earnings despite stable assets. The company's earnings per share decreased to RMB 0.25, and analysts currently rate the stock as a Sell with a price target of HK$4.75.

Huaneng Power International’s Q1 2026 Profit and Cash Flow Decline Amid Stable Assets

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Huaneng Power International (HK:0902) will release its Q1 2026 results on April 28, 2026, followed by a global investor conference call on April 29, 2026, from 16:00 to 17:30 Beijing time. The call aims to discuss the company's operating results and key financial indicators, with participation from senior management. The investor relations firm Wonderful Sky Financial Group is coordinating the event. The latest analyst rating for the stock is a Sell with a price target of HK$4.75. Huaneng Power International is a major Chinese power generation company listed in Hong Kong, with a market cap of HK$117.7B.

Penghua CSI All Share Utilities ETF

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ChinaAMC Green Electricity ETF

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WONDERFUL SKY

Huaneng Power International Schedules Global Call on Q1 2026 Results

Daiwa published a report stating that Huaneng Power's peak profit period may have passed, and the continuous reduction in electricity prices may drag down the profits of independent coal-fired power producers in 2026. The geopolitical risks in the energy market are rising, and there is limited downside potential for coal prices. The stock rating has been downgraded from "Outperform" to "Underperform," and the target price has been lowered from 5.8 yuan to 5.2 yuan

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Daiwa downgraded Huaneng International Power's target price to "Underperform" with a target price of HKD 5.2

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China Huaneng announced that a offshore wind power project located north of the Shandong Peninsula was connected to the grid at full capacity on the 7th, becoming China's deepest offshore wind power project. The project has a total installed capacity of 504,000 kilowatts, installs 42 12-megawatt wind turbines, generates about 1.7 billion kilowatt-hours annually, and saves about 500,000 tons of standard coal. The project overcame challenges such as complex deep-sea geological conditions and innovatively applied a four-pile jacket foundation structure to ensure the safe and stable operation of the wind turbines

- China Huaneng announced that its northern Yellow Sea offshore wind power project in the Shandong Peninsula commenced full-capacity grid-connected generation on April 7.  
- This project features a total installed capacity of 504,000 kilowatts with 42 units of 12-megawatt turbines, marking the deepest operational offshore wind project in China at depths of 52 to 56 meters, and is expected to generate approximately 1.7 billion kilowatt-hours annually.  
- The project successfully overcame challenges like complex geology and extreme sea conditions, employing innovative technologies to enhance operational safety and efficiency, while also reducing installation time significantly.

Wallstreetcn

Penghua SSE STAR New Energy ETF

China's Deepest Offshore Wind Power Project Connected to Grid at Full Capacity Today

DBS analyst Patricia Yeung has downgraded Huaneng Power International (HUNGF) to a Hold with a price target of HK$6.10. The analyst consensus for Huaneng Power is Moderate Sell, with a lower price target consensus of HK$4.54. Yeung has a 6.5% average return and a 61.82% success rate on her stock recommendations, focusing on the Utilities sector.

ISHRS S&P Glb Utilities

DBS downgrades Huaneng Power International (HUNGF) to a Hold

Huaneng Power International, Inc. announced its performance for the year 2025, achieving operating revenue of RMB 229.288 billion, a year-on-year decrease of 6.6%. It recorded a net profit of RMB 14.537 billion, an increase of 42.7%, with earnings per share of 0.75. A final dividend of 0.40 was declared

"Performance" Huaneng Power's annual net profit is 14.537 billion RMB, an increase of 42.7%, with a final dividend of 0.40 RMB

HPI(600011.SH)