Huaneng Power International, Inc., together with its subsidiaries, generates and sells electricity and heat to the regional or provincial grid companies in the People's Republic of China and internationally. It is involved in the development, investment, construction, operation, and management of power plants and related projects; and generation, wholesale, and retail of power and other relating utilities. The company generates power from gas turbine, hydro, wind, photovoltaic, biomass, coal, solar, and oil resources. It is also involved in the sale of coal ash and lime; provision of cargo loading and storage, port, warehousing, and conveying services; photovoltaic power generation projects development and construction; and provision of thermal energy and cold energy services, as well as thermal heating services. In addition, the company engages in the repair of power equipment; provision of water supply and transportation services; construction and operation of electricity distribution networks and heating pipe networks; energy supply, energy transmission, and substation project contracting activities; cargo transportation; and port management, investment, and development activities. Further, it is involved in the management of industrial water and waste, as well as provides environment engineering, and information technology and management consulting services. Additionally, it sells raw and processed coal; and provides central heat, and plumbing and pipe installation services, as well as desalinated water. As of April 27, 2021, the company had a controlled generating capacity of 113,805 megawatts and an equity-based installed capacity of 99,570 megawatts. Huaneng Power International, Inc. was incorporated in 1994 and is based in Beijing, the People's Republic of China.
IPO Year: 1994
Exchange: NYSE
Website: hpi.com.cn
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/20/2026 | Buy → Sell | Citigroup | |
| 1/9/2024 | Underweight → Neutral | JP Morgan |
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Citigroup downgraded Huaneng Power from Buy to Sell
JP Morgan upgraded Huaneng Power from Underweight to Neutral
15F-12B - HUANENG POWER INTERNATIONAL INC (0000929058) (Filer)
6-K - HUANENG POWER INTERNATIONAL INC (0000929058) (Filer)
6-K - HUANENG POWER INTERNATIONAL INC (0000929058) (Filer)
6-K - HUANENG POWER INTERNATIONAL INC (0000929058) (Filer)
6-K - HUANENG POWER INTERNATIONAL INC (0000929058) (Filer)
6-K - HUANENG POWER INTERNATIONAL INC (0000929058) (Filer)
25 - HUANENG POWER INTERNATIONAL INC (0000929058) (Filer)
6-K - HUANENG POWER INTERNATIONAL INC (0000929058) (Filer)
6-K - HUANENG POWER INTERNATIONAL INC (0000929058) (Filer)
6-K - HUANENG POWER INTERNATIONAL INC (0000929058) (Filer)
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And Intention to Deregister and Terminate Reporting Obligations under the U.S. Securities Exchange Act BEIJING, June 17, 2022 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI", or the "Company") (NYSE:HNP, HKEx: 902, SSE: 600011))) today announced that the Company has notified the New York Stock Exchange ("NYSE") on June 17, 2022 (Eastern Time in the U.S.) that it will apply for the voluntary delisting of its American depositary shares ("ADSs") from the NYSE and the deregistration of such ADSs and underlying overseas listed shares, par value RMB1.00 per share (the "H Shares"), under the U.S. Securities Exchange Act of 1934, as amended (the "Exchange Act"). The board of directors of th
BEIJING, April 26, 2022 /PRNewswire/ -- Huaneng Power International, Inc. ("the Company") (NYSE:HNP, HKEx: 902, SSE: 600011))) today announced its unaudited operating results prepared in accordance with the PRC GAAP for the three months ended March 31, 2022. The results can be found here: https://mma.prnewswire.com/media/1805035/2022_Q1_SEC.pdfFor the first quarter of 2022, the Company and its subsidiaries recorded consolidated operating revenue of RMB65.25 billion (equivalent to approximately US $10.279 billion), representing an increase of 30.54% compared to the same period of last year. The net loss attributable to equity holders of the Company was RMB956 million (equivalent to approximat
BEIJING, April 25, 2022 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI", or the "Company") (NYSE:HNP, HKEx: 902, SSE: 600011))) today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the Securities and Exchange Commission on April 21, 2022 and has uploaded such annual report on Form 20-F to the Company's website at http://www.hpi.com.cn. The Company will provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. About Huaneng Power International, Inc. Huaneng Power International, Inc. is one of China's largest listed power p
BEIJING, April 14, 2022 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI", the "Company") (NYSE:HNP, HKEx: 902, SSE: 600011))) today announced its on-grid electricity for the first quarter of 2022. According to the preliminary statistics of the Company, for the first quarter of 2022, the Company's total on-grid electricity by power plants within China on consolidated basis amounted to 107.717 billion kWh, representing an increase of 2.42% over the same period of 2021. For the first quarter of 2022, the Company's average on-grid electricity settlement price for its power plants within China was RMB501.96 per MWh, representing an increase of 19.47% over the same period last year. For th
BEIJING, March 22, 2022 /PRNewswire/ -- Huaneng Power International, Inc. (hereinafter referred to as the "Company") (NYSE:HNP, HKEx: 902, SSE: 600011))) announces the audited operating results of the Company for the year ended 31 December 2021 prepared in accordance with IFRS (International Financial Reporting Standards): the Company realized consolidated operating revenue of RMB204.605 billion (calculated based on the conversion price of USD to RMB on December 31, 2021, 1 US dollar to RMB6.3757, equivalent to approximately US $32.091 billion), representing an increase of 20.75% compared to the same period last year, and net profit attributable to equity holders of the Company amounted to R
BEIJING, Jan. 14, 2022 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI", the "Company") (NYSE:HNP, HKEx: 902, SSE: 600011))) today announced its electricity sales for the whole year of 2021. According to the preliminary statistics of Huaneng Power International, Inc. (the "Company"), for the fourth quarter of 2021, the Company's total electricity sold by power plants within China on consolidated basis amounted to 107.050 billion kWh, representing an increase of 2.95% over the same period of 2020. For the whole year of 2021, total electricity sold by power plants within China on consolidated basis amounted to 430.165 billion kWh, representing an increase of 13.23% over the same per
BEIJING, Oct. 26, 2021 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI", or the "Company") (NYSE:HNP, HKEx: 902, SSE: 600011))) today announced its unaudited operating results prepared in accordance with the PRC GAAP for the nine months ended September 30, 2021. For the three quarters of 2021, the Company and its subsidiaries recorded consolidated operating revenue of RMB 145.005 billion (equivalent to approximately USD 22.359 billion), representing an increase of 19.00% compared to the same period of last year. The net profit attributable to shareholders of the Company was RMB 0.783 billion (equivalent to approximately USD 0.121 billion), representing a decrease of 91.42% compared t
BEIJING, Oct. 18, 2021 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI", the "Company") (NYSE:HNP, HKEx: 902, SSE: 600011))) today announced its power generation in the first three quarters of 2021. According to the preliminary statistics of Huaneng Power International, Inc., (the "Company"), in the third quarter of 2021, the electricity sold by the Company's operating power plants in China, on consolidated basis, amounted to 115.188 billion kWh, representing an increase of 10.98% compared to the same period last year. For the first three quarters of 2021, the electricity sold by the Company's operating power plants in China, on consolidated basis, reached a total of 323.115 billion
BEIJING, July 27, 2021 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI", or the "Company") (NYSE:HNP, HKEx: 902, SSE: 600011))) today announced its unaudited operating results prepared under IFRS for the six months ended 30 June 2021. For the six months ended 30 June 2021, the Company and its subsidiaries recorded consolidated operating revenue of RMB95.116 billion (equivalent to approximately USD 14.724 billion, based on the exchange rate of USD 1 to RMB6.4601 as of 30 June 2021), representing an increase of 20.21% compared to the same period of last year. The net profit attributable to equity holders of the Company was RMB4.019 billion (equivalent to approximately USD 622 million),
BEIJING, July 12, 2021 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI", the "Company") (NYSE:HNP, HKEx: 902, SSE: 600011))) today announced its electricity sold in the first half of 2021. According to the preliminary statistics, for the second quarter of 2021, the Company's total electricity sold by power plants within China on consolidated basis amounted to 102.917 billion kWh, representing an increase of 12.51% over the same period last year. In the first half of 2021, the Company's total electricity sold by power plants within China on consolidated basis amounted to 207.926 billion kWh, representing an increase of 20.80% over the same period last year. In the first half of 2021,
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BEIJING, March 22, 2022 /PRNewswire/ -- Huaneng Power International, Inc. (hereinafter referred to as the "Company") (NYSE:HNP, HKEx: 902, SSE: 600011))) announces the audited operating results of the Company for the year ended 31 December 2021 prepared in accordance with IFRS (International Financial Reporting Standards): the Company realized consolidated operating revenue of RMB204.605 billion (calculated based on the conversion price of USD to RMB on December 31, 2021, 1 US dollar to RMB6.3757, equivalent to approximately US $32.091 billion), representing an increase of 20.75% compared to the same period last year, and net profit attributable to equity holders of the Company amounted to R
HONG KONG, March 23, 2021 /PRNewswire/ -- Huaneng Power International, INC (hereinafter referred to as "Huaneng International" or the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) is pleased to announce the audited operating results of the Company for the year ended 31 December 2020 prepared in accordance with IFRS(International Financial Reporting Standards): the Company realized consolidated operating revenue of RMB169.446 billion (calculated based on the conversion price of USD to RMB on December 31, 2020, 1 US dollar to RMB6.5249, equivalent to approximately US $25.969 billion), representing a decrease of 2.62% compared to the same period last year, and net profit attributable to equity