CHINA POWER News

[Brokerage Focus] BOCOM INTL maintains a Buy rating on CHINA POWER (02380), stating that its net profit last year was below expectations.

Jinwu Financial News | BOCOM INTL Research Reports indicate that CHINA POWER (02380) will have a net profit in 2024 that is below the bank's expectations. The main reasons are that operating expenses and minority Shareholder equity are higher than anticipated, and the wind/solar installation progress in the second half of 2024 is slightly lower than expected. The company's dividend payout ratio remains at 60%, consistent with management's guidance last year. Looking forward to the 14th Five-Year Plan, management stated that the overall installation capacity target is to exceed 100 gigawatts. Among them, the hydropower installation target is increased by 20 gigawatts, while the rest of the new installations will consist of offshore wind/onshore wind + photovoltaic/thermal power increases of 10/30/10 gigawatts. Currently, the bank expects the company to be in 202.

Jingwu Financial NewsMar 23 23:00 ET

CHINA POWER (02380): The new Global Strategy has been implemented successfully, with operational profit reaching a historical high.

On March 20, CHINA POWER released its performance announcement for 2024 and held a performance press conference on March 21. The company achieved annual revenue of 54.213 billion yuan, a year-on-year increase of 22.48%. Among this, clean energy revenue was 32.2 billion yuan, accounting for 60% of total revenue, an increase of 9 percentage points compared to the previous year. The profit attributable to equity holders reached 3.862 billion yuan, and operating net income set a historical high since its listing. The consolidated installed capacity reached 49.391 million kilowatts, with clean energy accounting for 80.12%.

Zhitong FinanceMar 23 20:40 ET

China Power International Development Limited Just Missed EPS By 33%: Here's What Analysts Think Will Happen Next

Simply Wall StMar 22 20:30 ET

China Power International Development's 2024 Attributable Profit Jumps 26%; Revenue Beats Estimates

MT NewswiresMar 20 22:34 ET

CHINA POWER (02380) will distribute a final dividend of 0.162 yuan per share on June 30.

CHINA POWER (02380) announced that it will distribute dividends on June 30, 2025, for the period ending December 3, 2024...

Zhitong FinanceMar 20 10:57 ET

CHINA POWER (02380) announced its 2024 performance, with a profit attributable to ordinary Shareholders of 3.364 billion yuan, an increase of 26.47% year-on-year.

CHINA POWER (02380) announced its 2024 performance, achieving revenue of approximately 54.213 billion yuan, a year-on-year increase of 22...

Zhitong FinanceMar 20 10:54 ET

CHINA POWER: Closure of Register of Members and Withholding and Payment of Enterprise Income Tax for Non-resident Enterprises in Respect of the 2024 Final Dividend

HKEXMar 20 10:51 ET · Announcements

Express News | China Power International Development Results Final Dividend for the Year RMB0.162 per Ordinary Share

ReutersMar 20 10:48 ET

Express News | China Power International Development FY Net Income RMB 3,364.4 Million

ReutersMar 20 10:48 ET

CHINA POWER: Results Announcement for Year 2024

HKEXMar 20 10:47 ET · Announcements

Xinchen China Power Holdings Ltd. Reports 2024 Financial Results

TipRanksMar 20 07:11 ET

Xinchen China Power Declares Final Dividend for 2024

TipRanksMar 20 07:10 ET

Express News | Xinchen China Power Holdings‍ Final Dividend of HK0.97 Cent per Share​

ReutersMar 20 06:59 ET

Express News | Xinchen China Power Holdings FY Revenue RMB 6,082.39 Million

ReutersMar 20 06:58 ET

Express News | Xinchen China Power Holdings FY Net Income Attributable RMB 38.17 Million

ReutersMar 20 06:58 ET

Express News | Xinchen China Power Holdings FY Gross Margin 3.02%

ReutersMar 20 06:58 ET

GTJA: The slowdown in electricity demand presents structural opportunities in sub-segments by grasping the transformation of power positioning.

In January and February 2025, electricity demand slowed down, primarily related to the high base from the same period last year and above-average temperatures; in January and February 2025, the growth rate of wind power accelerated, while the decline in thermal power expanded.

Zhitong FinanceMar 19 18:45 ET

China Power Consmption Rises 8.6% in February

MT NewswiresMar 19 03:17 ET

National Energy Administration: In February, the total electricity consumption of the whole society increased by 8.6% year-on-year.

In February, the total electricity consumption of society was 743.4 billion kilowatt-hours, an increase of 8.6% year-on-year.

cls.cnMar 18 00:29 ET

The Returns At China Power International Development (HKG:2380) Aren't Growing

Simply Wall StMar 18 00:13 ET