HNP - Huaneng Power International, Inc.

NYSE - NYSE Delayed Price. Currency in USD
20.10
+0.27 (+1.36%)
As of 3:13PM EST. Market open.
Stock chart is not supported by your current browser
Previous Close19.83
Open20.01
Bid20.06 x 1000
Ask20.10 x 900
Day's Range19.99 - 20.10
52 Week Range17.91 - 26.76
Volume6,845
Avg. Volume14,495
Market Cap7.9B
Beta (3Y Monthly)0.64
PE Ratio (TTM)62.81
EPS (TTM)0.32
Earnings DateN/A
Forward Dividend & Yield0.60 (3.01%)
Ex-Dividend Date2019-06-18
1y Target Est18.98
  • Is Huaneng Power (HNP) a Great Value Stock Right Now?
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    Is Huaneng Power (HNP) a Great Value Stock Right Now?

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  • China Plans Coal-Power Revamp to Help Ailing Generators
    Bloomberg

    China Plans Coal-Power Revamp to Help Ailing Generators

    (Bloomberg) -- China is pursuing a three-year pilot program, led by five of its biggest utilities, to integrate and cut some coal-fired power capacity to help the debt-saddled industry, state media reported.The pilot, which runs through 2021, will seek to consolidate coal-power assets within five northwestern regions and reduce their capacity by up to one-third, according to a Shanghai Securities News, citing sources it didn’t identify.State-owned Assets Supervision & Administration Commission, which oversees the utilities, didn’t immediately respond to a faxed request for comment. Nobody answered calls to the media offices of the five companies -- China Huaneng Group Co., China Datang Corp., China Huadian Corp., State Power Investment Corp. and China Energy Investment Corp.The five firms had a combined 520 gigawatts of coal-fired capacity at the end of last year, according to the Shanghai Securities News report, adding that those coal-power units had total combined liabilities of 1.1 trillion yuan ($156 billion) and assets worth 1.5 trillion. China’s coal plants are distributed across 30 provinces and territories, of which 15 saw losses in the coal and power business last year, according to the report.Read More: All Eyes on Top Polluter China as Global Climate Talks BeginSeveral of the companies’ listed affiliates advanced on Tuesday. Huaneng Power International Inc. rose 3.8% in Hong Kong, one of the biggest gainers on the MSCI Emerging Markets Asia Utilities Index, which was up 0.7% on the day. Inner Mongolia Mengdian Huaneng Thermal Power Corp. gained 3.5% while Datang International Power Generation Co. added 2.1%.Coal plants nationwide ran at only 49% of their capacity during the third quarter, BloombergNEF analyst Hanyang Wei said in a report Tuesday, citing slower overall demand growth as the trade war impacts the economy, as well as competition from nuclear and hydropower.Industry BenefitThe plan to retire capacity is expected to boost profitability of some power companies, China International Capital Corp. analyst Liu Jiani said in a note. The entire industry to could benefit if the program is extended to other provinces, Liu said.President Xi Jinping’s government has been seeking to balance sweeping supply-side reforms to cut overcapacity and debt across industries, including coal and steel, with an economy slowing under the pressure of a prolonged trade war with the U.S.Reuters earlier reported that China planned to merge the coal-power assets of the five companies.China mines and burns about half the world’s coal, which meets about 60% of the nation’s total energy needs, even though it’s also the top investor in solar and wind power. The power sector could begin to feel pressure next year when regulators plan to allow some market-based mechanisms to set coal power prices, which may erode profits.Five AreasUnder the trial program, each of the five state utilities will be tasked with leading asset consolidation and capacity reductions in one of the five provinces or territories: Huaneng in Gansu; Datang in Shaanxi; Huadian in Xinjiang; SPIC in Qinghai; and CEIC in Ningxia, the report said. The program could be expanded in the future, it added.The five provinces had 143 gigawatts of coal-fired power plants installed as of the first half of this year, BNEF analyst Yvonne Yujing Liu said. They also had about 129 gigawatts combined of solar, wind and hydropower, limiting the average capacity factor of coal plants to about 50%, she said.Assets controlled by listed units of the five companies can be transferred first into the parent companies or replaced in a “market-based” manner, according to the report. Some of those listed companies traded on mainland exchanges include:Huaneng: Huaneng Power International Inc.Datang: Datang International Power Generation Co., Datang Huayin Electric Power Co.Huadian: Huadian Power International Corp., Guizhou Qianyuan Power Co.SPIC: Shanghai Electric Power Co.CEIC: China Shenhua Energy Co., GD Power Development Co.(Updates to close share prices in fifth paragraph, analyst comment in 12th paragraph.)To contact the reporters on this story: Alfred Cang in Singapore at acang@bloomberg.net;Dan Murtaugh in Singapore at dmurtaugh@bloomberg.netTo contact the editor responsible for this story: Ramsey Al-Rikabi at ralrikabi@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Huaneng Power International Inc  (HNP): Hedge Funds In Wait-and-See Mode
    Insider Monkey

    Huaneng Power International Inc (HNP): Hedge Funds In Wait-and-See Mode

    Based on the fact that hedge funds have collectively under-performed the market for several years, it would be easy to assume that their stock picks simply aren't very good. However, our research shows this not to be the case. In fact, when it comes to their very top picks collectively, they show a strong ability […]

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  • PR Newswire

    Huaneng Power International, Inc.: rmb 5.389 Billion Net Profit Attributable To Shareholders, For The Three quarterS of 2019 Increased By 170.95 %

    BEIJING , Oct. 22, 2019 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI", or the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its unaudited operating results ...

  • PR Newswire

    Huaneng Power International, Inc. Power Generation Within China Decreases by 7.52% for the First Three Quarters of 2019

    BEIJING , Oct. 16, 2019 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI", the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its power generation for the first ...

  • Benzinga

    11 Chinese Stock Plays On Trade War Weakness

    U.S.-listed Chinese stocks have taken a beating in the past six months, with the iShares FTSE/Xinhua China 25 Index (NYSE: FXI ) down 11.8% overall in that time. Fears over the negative economic impact ...

  • Moody's

    China Huaneng Group Co., Ltd. -- Moody's assigns first-time A2 rating to China Huaneng Group Co., Ltd.

    Rating Action: Moody's assigns first-time A2 rating to China Huaneng Group Co., Ltd. Hong Kong, September 27, 2019 -- Moody's Investors Service has assigned a first-time A2 issuer rating to China Huaneng Group Co., Ltd. (CHGC). "CHGC's ba1 BCA reflects its leading position as one of the five largest power generation companies in China, with a diversified fuel mix and geographical spread," says Boris Kan, a Moody's Vice President and Senior Credit Officer.

  • PR Newswire

    Huaneng Power International, Inc.: RMB 3.442 Billion Net Profit Attributable to Equity Holders for the First Half Year of 2019, Increased by 98.78% Compared to the Same Period Last Year

    For the first half year of 2019, the Company and its subsidiaries recorded consolidated operating revenue of RMB 83.603 billion (equivalent to approximately USD 12.161 billion, based on the exchange rate of USD 1 to RMB 6.8747 as of June 30, 2019), representing an increase of 1.45% compared to the same period of last year. The net profit attributable to equity holders of the Company was RMB 3.442 billion (equivalent to approximately USD 501 million), representing an increase of 98.78% compared to the same period of last year.

  • PR Newswire

    Huaneng Power International, Inc.: Domestic Power Generation Decreases by 6.15% Year-on-Year in the First Half of 2019

    BEIJING , July 16, 2019 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI", the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its power generation for the first ...

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    Insider Monkey

    Were Hedge Funds Right About Turning Bullish On Mohawk Industries, Inc. (MHK)?

    "Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]

  • PR Newswire

    Huaneng Power International, Inc.: Announcement on Filing of Form 20-F

    BEIJING , April 25, 2019 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI", or the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced that it filed its annual report ...

  • PR Newswire

    Huaneng Power International, Inc. 2019 First Quarter Net Profit Attributable to Shareholders Increased By 114.27%

    BEIJING , April 25, 2019 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI", or the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its operating results prepared ...

  • PR Newswire

    Huaneng Power International, Inc. Power Generation Within China for the First Quarter of 2019 Decreases by 0.45% Year on Year

    BEIJING , April 16, 2019 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI", the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its power generation for the first quarter ...

  • PR Newswire

    Huaneng Power International, Inc.: RMB 0.734 Billion Net Profit Attributed to Equity Holders of the Company in 2018

    The Board is satisfied with the Company's results last year. According to the Company's Shareholders Returns Plan for 2018-2020, the Board of the Company proposed to declare a cash dividend of RMB0.10 (inclusive of tax) for each ordinary share of the Company held by shareholders.

  • Reuters

    BRIEF-Huaneng Power International Says 2018 Net Profit Down 17.4 Percent Y/Y

    March 19 (Reuters) - Huaneng Power International Inc : * SAYS 2018 NET PROFIT DOWN 17.4 PERCENT Y/Y Source text in Chinese: https://bit.ly/2TPcbUv Further company coverage: (Reporting by Hong Kong newsroom)...

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  • HNP or SO: Which Is the Better Value Stock Right Now?
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  • Why Huaneng Power (HNP) Could Be a Top Value Stock Pick
    Zacks

    Why Huaneng Power (HNP) Could Be a Top Value Stock Pick

    Huaneng Power (HNP) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.

  • Reuters

    BRIEF-Huaneng Power International's Board Elects Shu Yinbiao As Chairman

    Jan 30 (Reuters) - Huaneng Power International Inc : * SAYS BOARD ELECTS SHU YINBIAO AS CHAIRMAN Source text in Chinese: https://bit.ly/2HDkMV6 Further company coverage: (Reporting by Hong Kong newsroom)...

  • Reuters

    BRIEF-Huaneng Power International's Chairman Cao Peixi Retires

    Jan 25 (Reuters) - Huaneng Power International Inc : * SAYS CHAIRMAN CAO PEIXI RESIGNS AS HE HAS REACHED RETIREMENT AGE Source text in Chinese: https://bit.ly/2MuzRHu Further company coverage: (Reporting ...