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CGN Power Co., Ltd. logo

CGN Power Co., Ltd.

1816.HK

HKSEUtilitiesIndependent Power Producers

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Latest quote

HK$2.815

−HK$0.065 · -2.26%

Aug 24, 4:08 PM HKT

1816.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

CGN Power Co., Ltd. operates and manages nuclear power stations and sells the electricity generated by these stations in the People’s Republic of China. It also provides construction, installation, design, and related technical services, as well as labor services. As of December 31, 2025, the company manages 28 nuclear power units with a total installed capacity of 31.838 GW. The company was incorporated in 2014 and is headquartered in Shenzhen, People’s Republic of China. CGN Power Co., Ltd. operates as a subsidiary of China General Nuclear Power Corporation.

Industry
Independent Power Producers
Sector
Utilities
Headquarters
CN
CEO
Gao Ligang
Listed since
Dec 10, 2014
Employees
22,928

Market position

Day range

Current HK$2.815

52-week range

Current HK$2.815

Open
HK$2.87
Previous close
HK$2.88
Volume
33.68M
0.7× average
Average volume
47.78M
Average daily volume
Market cap
189.46B HKD
Beta
0.07
Market reference 1
50-day average
HK$2.8256
-0.38% below average
200-day average
HK$3.1091
-9.46% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
20.65×
P/B (TTM)
1.56×
P/S (TTM)
2.72×
Dividend yield
2.22%

Profitability & efficiency

Gross margin
32.16%
Operating margin
24.29%
Net margin
13.17%

Financial health

Debt / equity
2.39×
Altman Z-score
0.57
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends38%29%19%10%Gross margin, FY2021: 33.20%Gross margin, FY2022: 33.25%Gross margin, FY2023: 35.97%Gross margin, FY2024: 33.89%Gross margin, FY2025: 31.99%Operating margin, FY2021: 22.70%Operating margin, FY2022: 22.75%Operating margin, FY2023: 24.95%Operating margin, FY2024: 25.31%Operating margin, FY2025: 24.34%Net margin, FY2021: 12.10%Net margin, FY2022: 12.03%Net margin, FY2023: 12.99%Net margin, FY2024: 12.46%Net margin, FY2025: 12.90%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 33.20%. Gross margin FY2022 33.25%. Gross margin FY2023 35.97%. Gross margin FY2024 33.89%. Gross margin FY2025 31.99%. Operating margin FY2021 22.70%. Operating margin FY2022 22.75%. Operating margin FY2023 24.95%. Operating margin FY2024 25.31%. Operating margin FY2025 24.34%. Net margin FY2021 12.10%. Net margin FY2022 12.03%. Net margin FY2023 12.99%. Net margin FY2024 12.46%. Net margin FY2025 12.90%.

Income trends

Revenue

75.7B CNY-12.80%

Operating income

18.43B CNY-16.15%

Net income

9.77B CNY-9.70%
Income trends across reported periods94.51B CNY63.69B CNY32.88B CNY2.06B CNYRevenue, FY2021: 80.68B CNYRevenue, FY2022: 82.82B CNYRevenue, FY2023: 82.55B CNYRevenue, FY2024: 86.8B CNYRevenue, FY2025: 75.7B CNYOperating income, FY2021: 18.31B CNYOperating income, FY2022: 18.84B CNYOperating income, FY2023: 20.59B CNYOperating income, FY2024: 21.97B CNYOperating income, FY2025: 18.43B CNYNet income, FY2021: 9.76B CNYNet income, FY2022: 9.96B CNYNet income, FY2023: 10.72B CNYNet income, FY2024: 10.81B CNYNet income, FY2025: 9.77B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 80.68B CNY. Revenue FY2022 82.82B CNY. Revenue FY2023 82.55B CNY. Revenue FY2024 86.8B CNY. Revenue FY2025 75.7B CNY. Operating income FY2021 18.31B CNY. Operating income FY2022 18.84B CNY. Operating income FY2023 20.59B CNY. Operating income FY2024 21.97B CNY. Operating income FY2025 18.43B CNY. Net income FY2021 9.76B CNY. Net income FY2022 9.96B CNY. Net income FY2023 10.72B CNY. Net income FY2024 10.81B CNY. Net income FY2025 9.77B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue75.7B CNY86.8B CNY82.55B CNY82.82B CNY80.68B CNY
Cost of goods sold51.25B CNY57.39B CNY52.86B CNY55.28B CNY53.9B CNY
Gross profit24.22B CNY29.41B CNY29.69B CNY27.54B CNY26.78B CNY
Research and development1.79B CNY2.44B CNY2.42B CNY1.87B CNY1.75B CNY
Selling, general, and administrative711.7M CNY756.26M CNY783.38M CNY725.51M CNY792.04M CNY
Operating expenses2.68B CNY7.44B CNY9.1B CNY8.7B CNY8.43B CNY
Interest income206.8M CNY267.96M CNY274.89M CNY194.7M CNY153.71M CNY
Interest expense4.34B CNY5.16B CNY5.42B CNY6.15B CNY6.84B CNY
Depreciation and amortization13.59B CNY12.87B CNY12.23B CNY10.39B CNY11.11B CNY
Operating income18.43B CNY21.97B CNY20.59B CNY18.84B CNY18.31B CNY
Net income9.77B CNY10.81B CNY10.72B CNY9.96B CNY9.76B CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
17%
1 beat, 5 misses, 0 met estimates
Average EPS surprise
-24.70%
6 comparable reports
Latest EPS result
0.06

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.120.080.050.01Q3 '24MissQ4 '24MissQ1 '25MissQ2 '25No estimateQ3 '25No estimateQ4 '25No estimateQ1 '26No estimateQ2 '26No estimate
Q3 2024, reported Aug 21, 2024: actual 0.075, estimate 0.075, surprise -0.89%, Miss. Q4 2024, reported Oct 23, 2024: actual 0.063, estimate 0.078, surprise -18.64%, Miss. Q1 2025, reported Mar 26, 2025: actual 0.017, estimate 0.043, surprise -59.01%, Miss. Q2 2025, reported Apr 23, 2025: actual 0.064, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 27, 2025: actual 0.063, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 28, 2025: actual 0.057, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 25, 2026: actual 0.026, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 28, 2026: actual 0.059, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates27.14B23.58B20.02B16.46BQ4 '24No estimateQ1 '25No estimateQ2 '25No estimateQ3 '25No estimateQ4 '25No estimateQ1 '26BeatQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Oct 23, 2024: actual 25.13B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 26, 2025: actual 26.1B HKD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 23, 2025: actual 21.47B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 27, 2025: actual 20.94B HKD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 28, 2025: actual 22.47B HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 25, 2026: actual 17.78B HKD, estimate 17.51B HKD, surprise +1.53%, Beat. Q2 2026, reported Apr 28, 2026: actual 18.55B HKD, estimate 18.41B HKD, surprise +0.73%, Beat. Q3 2026, reported Aug 25, 2026: actual —, estimate 18.62B HKD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.1032

2025 complete year+6.9% since 2021

2026 partial: HK$0.0985

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend May 22, 2026

HK$0.0985

Annual

Record May 26, 2026 · Payment Jul 10, 2026

Dividend

Ex-dividend May 23, 2025

HK$0.1032

Annual

Record May 26, 2025 · Payment Jul 3, 2025

Dividend

Ex-dividend Jun 4, 2024

HK$0.1032

Annual

Record Jun 5, 2024 · Payment Jul 10, 2024

Dividend

Ex-dividend May 30, 2023

HK$0.0967

Annual

Record May 31, 2023 · Payment Jul 7, 2023

Dividend

Ex-dividend May 31, 2022

HK$0.0987

Annual

Record Jun 1, 2022 · Payment Jul 7, 2022

Dividend

Ex-dividend May 28, 2021

HK$0.0966

Annual

Record May 31, 2021 · Payment Jul 8, 2021

ETFs holding 1816.HK

Funds reporting this stock among their holdings, ordered by reported position size.

VanEck Uranium and Nuclear ETF logoVanEck Uranium and Nuclear ETFNLR
Market value
165.92M
Weight
4.13%
AUM
4.19B USD
Expense ratio
0.52%
Price / 1D
$118.9-0.87%
Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
58.73M
Weight
0.01%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.2086-0.57%
Vanguard FTSE Emerging Markets ETF logoVanguard FTSE Emerging Markets ETFVWO
Market value
54.96M
Weight
0.03%
AUM
162.3B USD
Expense ratio
0.06%
Price / 1D
$59.965-0.80%
iShares Core MSCI Emerging Markets ETF logoiShares Core MSCI Emerging Markets ETFIEMG
Market value
44.22M
Weight
0.03%
AUM
160B USD
Expense ratio
0.09%
Price / 1D
$80.545-1.26%
iShares MSCI Emerging Markets Min Vol Factor ETF logoiShares MSCI Emerging Markets Min Vol Factor ETFEEMV
Market value
15.74M
Weight
0.44%
AUM
3.61B USD
Expense ratio
0.25%
Price / 1D
$74.53-0.24%
iShares China Large-Cap ETF logoiShares China Large-Cap ETFFXI
Market value
13.51M
Weight
0.31%
AUM
4.27B USD
Expense ratio
0.73%
Price / 1D
$35.565-0.82%
iShares Global Infrastructure ETF logoiShares Global Infrastructure ETFIGF
Market value
11.53M
Weight
0.11%
AUM
10.5B USD
Expense ratio
0.37%
Price / 1D
$65.3555-0.08%
Vanguard FTSE All-World ex-US ETF logoVanguard FTSE All-World ex-US ETFVEU
Market value
9.87M
Weight
0.01%
AUM
95.9B USD
Expense ratio
0.04%
Price / 1D
$85.19-0.58%

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