CHINA POWER INTERNATIONAL DEVELOPMENT LIMITED Financials China Power International Development Limited
Equities
2380
HK2380027329
Electric Utilities
|
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.96 HKD | -3.18% |
|
-5.49% | +37.98% |
| Jul. 02 | China Power International Plans Reduction of Stake in Anhui Coal-Fired JV | MT |
| Jun. 21 | Two Chinese Asset Managers to Launch Country's Saudi-Related ETFs | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 14,636 | 13,702 | 46,343 | 36,053 | 32,268 | 47,101 | - | - |
| Enterprise Value (EV) 1 | 91,966 | 103,817 | 150,283 | 144,724 | 191,112 | 212,382 | 238,227 | 237,823 |
| P/E ratio | 11.5 x | 8.22 x | -61.1 x | 13.2 x | 11.9 x | 9.35 x | 7.69 x | 6.31 x |
| Yield | 8.71% | 9.3% | 1.17% | 3.77% | 5.06% | 5.23% | 6.21% | 7.43% |
| Capitalization / Revenue | 0.53 x | 0.48 x | 1.33 x | 0.83 x | 0.73 x | 0.9 x | 0.83 x | 0.75 x |
| EV / Revenue | 3.31 x | 3.65 x | 4.33 x | 3.31 x | 4.32 x | 4.08 x | 4.18 x | 3.81 x |
| EV / EBITDA | 9.18 x | 9.14 x | 16.3 x | 9.48 x | 10.7 x | 8.35 x | 8 x | 6.75 x |
| EV / FCF | -9.16 x | -9.73 x | -9.62 x | -12.2 x | -13 x | -18.2 x | -26.6 x | -297 x |
| FCF Yield | -10.9% | -10.3% | -10.4% | -8.2% | -7.72% | -5.51% | -3.76% | -0.34% |
| Price to Book | 0.48 x | 0.41 x | 1.18 x | 0.46 x | 0.84 x | 0.85 x | 0.86 x | 0.8 x |
| Nbr of stocks (in thousands) | 9,806,886 | 9,806,886 | 10,833,386 | 12,370,151 | 12,370,151 | 12,370,151 | - | - |
| Reference price 2 | 1.492 | 1.397 | 4.278 | 2.914 | 2.609 | 3.808 | 3.808 | 3.808 |
| Announcement Date | 3/26/20 | 3/18/21 | 3/17/22 | 3/23/23 | 3/21/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 27,763 | 28,428 | 34,734 | 43,689 | 44,262 | 52,094 | 56,956 | 62,494 |
| EBITDA 1 | 10,014 | 11,356 | 9,226 | 15,265 | 17,796 | 25,426 | 29,761 | 35,225 |
| EBIT 1 | 5,196 | 6,034 | 3,133 | 7,604 | 8,715 | 13,608 | 15,929 | 18,987 |
| Operating Margin | 18.71% | 21.23% | 9.02% | 17.41% | 19.69% | 26.12% | 27.97% | 30.38% |
| Earnings before Tax (EBT) 1 | 2,714 | 3,826 | 533.2 | 3,344 | 5,427 | 9,419 | 11,424 | 13,731 |
| Net income 1 | 1,284 | 1,708 | -515.7 | 2,648 | 3,084 | 5,228 | 6,424 | 7,534 |
| Net margin | 4.63% | 6.01% | -1.48% | 6.06% | 6.97% | 10.03% | 11.28% | 12.05% |
| EPS 2 | 0.1300 | 0.1700 | -0.0700 | 0.2200 | 0.2200 | 0.4073 | 0.4953 | 0.6032 |
| Free Cash Flow 1 | -10,043 | -10,666 | -15,617 | -11,870 | -14,745 | -11,695 | -8,952 | -799.5 |
| FCF margin | -36.17% | -37.52% | -44.96% | -27.17% | -33.31% | -22.45% | -15.72% | -1.28% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.1300 | 0.1300 | 0.0500 | 0.1100 | 0.1320 | 0.1990 | 0.2364 | 0.2828 |
| Announcement Date | 3/26/20 | 3/18/21 | 3/17/22 | 3/23/23 | 3/21/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2021 S1 | 2022 S1 |
|---|---|---|---|
| Net sales 1 | - | - | 20,305 |
| EBITDA | - | - | - |
| EBIT 1 | - | - | 4,017 |
| Operating Margin | - | - | 19.78% |
| Earnings before Tax (EBT) 1 | - | - | 1,891 |
| Net income 1 | 307.6 | 1,372 | 849.9 |
| Net margin | - | - | 4.19% |
| EPS | - | 0.1300 | - |
| Dividend per Share | - | - | - |
| Announcement Date | 3/26/20 | 9/10/21 | 8/25/22 |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 77,330 | 90,116 | 103,941 | 108,672 | 158,843 | 165,281 | 191,127 | 190,722 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 7.723 x | 7.936 x | 11.27 x | 7.119 x | 8.926 x | 6.5 x | 6.422 x | 5.414 x |
| Free Cash Flow 1 | -10,043 | -10,666 | -15,617 | -11,870 | -14,745 | -11,695 | -8,952 | -800 |
| ROE (net income / shareholders' equity) | 4.26% | 5.36% | -1.49% | 4.38% | 6.13% | 10.3% | 11.9% | 13% |
| ROA (Net income/ Total Assets) | 0.97% | 1.15% | -0.31% | 1.37% | 1.19% | 1.99% | 2.17% | 2.31% |
| Assets 1 | 132,629 | 148,119 | 165,350 | 193,325 | 258,612 | 262,427 | 296,195 | 326,570 |
| Book Value Per Share 2 | 3.090 | 3.410 | 3.630 | 6.330 | 3.110 | 4.480 | 4.410 | 4.740 |
| Cash Flow per Share 2 | 0.5300 | 0.5600 | 0.1400 | 0.5100 | 0.8000 | 1.050 | 1.610 | 1.340 |
| Capex 1 | 15,201 | 16,168 | 16,960 | 17,596 | 24,648 | 28,651 | 28,393 | 26,710 |
| Capex / Sales | 54.75% | 56.87% | 48.83% | 40.27% | 55.69% | 55% | 49.85% | 42.74% |
| Announcement Date | 3/26/20 | 3/18/21 | 3/17/22 | 3/23/23 | 3/21/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
BUY
Number of Analysts
15
Last Close Price
3.808
CNY
Average target price
3.842
CNY
Spread / Average Target
+0.90%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +37.98% | 6.48B | |
| +43.63% | 17.8B | |
| +13.18% | 4.78B | |
| +20.92% | 3.96B | |
| -6.42% | 2.16B | |
| +32.51% | 1.72B | |
| -40.63% | 1.6B | |
| +16.48% | 1.54B | |
| -.--% | 1.05B | |
| -22.92% | 982M |
- Stock Market
- Equities
- 2380 Stock
- Financials China Power International Development Limited
