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China Power International Development Limited logo

China Power International Development Limited

2380.HK

HKSEUtilitiesRegulated Electric

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Latest quote

HK$2.725

−HK$0.035 · -1.27%

Aug 24, 11:59 AM HKT

2380.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

China Power International Development Limited, an investment holding company, develops, constructs, owns, operates, and manages power plants in the People’s Republic of China and internationally. It operates through Thermal Power Electricity, Hydropower Electricity, Wind Power Electricity, Photovoltaic Power Electricity, and Energy Storage segments. The company generates, distributes, and sells electricity through coal-fired, hydro, wind, photovoltaic, natural gas, and environmental power plants. It also provides energy storage, green power transportation, and energy solution services; logistics services; technical services in relation to generation of electricity; and invest on new energy power resources. China Power International Development Limited was incorporated in 2004 and is based in Wan Chai, Hong Kong. China Power International Development Limited operates as a subsidiary of China Power International Holding Limited.

Industry
Regulated Electric
Sector
Utilities
Headquarters
HK
CEO
Gao Guangyu
Listed since
Oct 15, 2004
Employees
17,655

Market position

Day range

Current HK$2.725

52-week range

Current HK$2.725

Open
HK$2.75
Previous close
HK$2.76
Volume
9.28M
0.32× average
Average volume
28.98M
Average daily volume
Market cap
33.71B HKD
Beta
0.46
Market reference 1
50-day average
HK$2.824
-3.51% below average
200-day average
HK$3.2102
-15.11% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
239.78B CNY
P/E (TTM)
18.58×
P/B (TTM)
0.51×
P/S (TTM)
0.64×
EV / EBITDA
11.35×
Earnings yield
9.24%
Free cash flow yield
-3.79%
Dividend yield
7.01%

Profitability & efficiency

Gross margin
-6.51%
Operating margin
1.78%
Net margin
4.52%
Return on equity
5.65%
Return on assets
0.90%
Return on invested capital
1.39%

Financial health

Debt / equity
3.88×
Current ratio
0.62×
Altman Z-score
0.35
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 trends69%44%18%-7%Gross margin, FY2021: 46.16%Gross margin, FY2022: 43.82%Gross margin, FY2023: 55.41%Gross margin, FY2024: 62.61%Gross margin, FY2025: 23.23%Operating margin, FY2021: 14.21%Operating margin, FY2022: 17.13%Operating margin, FY2023: 18.89%Operating margin, FY2024: 21.64%Operating margin, FY2025: 12.97%Net margin, FY2021: -0.71%Net margin, FY2022: 5.96%Net margin, FY2023: 6.68%Net margin, FY2024: 6.87%Net margin, FY2025: 6.94%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 46.16%. Gross margin FY2022 43.82%. Gross margin FY2023 55.41%. Gross margin FY2024 62.61%. Gross margin FY2025 23.23%. Operating margin FY2021 14.21%. Operating margin FY2022 17.13%. Operating margin FY2023 18.89%. Operating margin FY2024 21.64%. Operating margin FY2025 12.97%. Net margin FY2021 -0.71%. Net margin FY2022 5.96%. Net margin FY2023 6.68%. Net margin FY2024 6.87%. Net margin FY2025 6.94%.

Income trends

Revenue

47.76B CNY-15.05%

Operating income

6.2B CNY-49.08%

Net income

3.32B CNY-14.13%
Income trends across reported periods61.87B CNY39.28B CNY16.69B CNY−5.9B CNYRevenue, FY2021: 35.93B CNYRevenue, FY2022: 44.4B CNYRevenue, FY2023: 46.14B CNYRevenue, FY2024: 56.22B CNYRevenue, FY2025: 47.76B CNYOperating income, FY2021: 5.11B CNYOperating income, FY2022: 7.6B CNYOperating income, FY2023: 8.72B CNYOperating income, FY2024: 12.17B CNYOperating income, FY2025: 6.2B CNYNet income, FY2021: −256.26M CNYNet income, FY2022: 2.65B CNYNet income, FY2023: 3.08B CNYNet income, FY2024: 3.86B CNYNet income, FY2025: 3.32B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 35.93B CNY. Revenue FY2022 44.4B CNY. Revenue FY2023 46.14B CNY. Revenue FY2024 56.22B CNY. Revenue FY2025 47.76B CNY. Operating income FY2021 5.11B CNY. Operating income FY2022 7.6B CNY. Operating income FY2023 8.72B CNY. Operating income FY2024 12.17B CNY. Operating income FY2025 6.2B CNY. Net income FY2021 −256.26M CNY. Net income FY2022 2.65B CNY. Net income FY2023 3.08B CNY. Net income FY2024 3.86B CNY. Net income FY2025 3.32B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue47.76B CNY56.22B CNY46.14B CNY44.4B CNY35.93B CNY
Cost of goods sold36.66B CNY21.02B CNY20.58B CNY24.95B CNY19.35B CNY
Gross profit11.1B CNY35.2B CNY25.57B CNY19.45B CNY16.59B CNY
Research and development286.28M CNY352.42M CNY306.35M CNY228.47M CNY209.99M CNY
Selling, general, and administrative4.02B CNY5.76B CNY4.74B CNY3.9B CNY3.39B CNY
Operating expenses4.9B CNY23.03B CNY16.85B CNY11.85B CNY11.48B CNY
Interest income147.73M CNY153.96M CNY279.12M CNY153.62M CNY126.6M CNY
Interest expense4.86B CNY5.03B CNY4.24B CNY4.27B CNY3.9B CNY
Depreciation and amortization14.92B CNY13.24B CNY9.73B CNY7.42B CNY5.78B CNY
Operating income6.2B CNY12.17B CNY8.72B CNY7.6B CNY5.11B CNY
Net income3.32B CNY3.86B CNY3.08B CNY2.65B CNY−256.26M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.12

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.280.20.110.02Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26Q3 '26
Q1 2023, reported Mar 24, 2023: actual 0.169, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 25, 2023: actual 0.147, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 21, 2024: actual 0.111, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 23, 2024: actual 0.243, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 19, 2025: actual 0.091, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 21, 2025: actual 0.229, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 20, 2026: actual 0.029, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 20, 2026: actual 0.115, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates64.9B50.12B35.34B20.56BQ1 '23MissQ3 '23No estimateQ1 '24MissQ3 '24BeatQ1 '25No estimateQ3 '25MissQ1 '26MetQ3 '26Beat
Q1 2023, reported Mar 24, 2023: actual 27.14B HKD, estimate 55.29B HKD, surprise -50.91%, Miss. Q3 2023, reported Aug 25, 2023: actual 23.62B HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 21, 2024: actual 26.89B HKD, estimate 61.84B HKD, surprise -56.51%, Miss. Q3 2024, reported Aug 23, 2024: actual 29.17B HKD, estimate 27.74B HKD, surprise +5.17%, Beat. Q1 2025, reported Mar 19, 2025: actual 30.92B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 21, 2025: actual 25.99B HKD, estimate 26.99B HKD, surprise -3.69%, Miss. Q1 2026, reported Mar 20, 2026: actual 25.69B HKD, estimate 25.69B HKD, surprise 0.00%, Met estimate. Q3 2026, reported Aug 20, 2026: actual 25.92B HKD, estimate 25.58B HKD, surprise +1.32%, Beat.

Corporate actions

Annual dividends per share

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

HK$0.1754

2025 complete year+12.7% since 2021

2026 partial: HK$0.1911

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 10, 2026

HK$0.1911

Annual

Record Jun 11, 2026 · Payment Jun 30, 2026

Dividend

Ex-dividend Jun 9, 2025

HK$0.1754

Annual

Record Jun 10, 2025 · Payment Jun 30, 2025

Dividend

Ex-dividend Sep 30, 2024

HK$0.0547

Special

Record Oct 2, 2024 · Payment Oct 15, 2024

Dividend

Ex-dividend Jun 11, 2024

HK$0.1455

Annual

Record Jun 12, 2024 · Payment Jun 28, 2024

Dividend

Ex-dividend Jun 12, 2023

HK$0.1256

Annual

Record Jun 13, 2023 · Payment Jun 30, 2023

Dividend

Ex-dividend Jun 7, 2022

HK$0.0616

Annual

Record Jun 8, 2022 · Payment Jun 30, 2022

2380.HK peers

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The Hong Kong and China Gas Company Limited logo

0003.HK

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Power Assets Holdings Limited logo

0006.HK

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Huaneng Power International, Inc. logo

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HK$5.355

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ETFs holding 2380.HK

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

Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
20.79M
Weight
0.00%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.71+0.78%
Vanguard FTSE Emerging Markets ETF logoVanguard FTSE Emerging Markets ETFVWO
Market value
18.78M
Weight
0.01%
AUM
162.3B USD
Expense ratio
0.06%
Price / 1D
$60.45+0.72%
iShares Core MSCI Emerging Markets ETF logoiShares Core MSCI Emerging Markets ETFIEMG
Market value
16.06M
Weight
0.01%
AUM
160B USD
Expense ratio
0.09%
Price / 1D
$81.57+0.64%
Avantis Emerging Markets Equity ETF logoAvantis Emerging Markets Equity ETFAVEM
Market value
12.61M
Weight
0.05%
AUM
27.89B USD
Expense ratio
0.33%
Price / 1D
$94.24+0.75%
State Street SPDR Portfolio Emerging Markets ETF logoState Street SPDR Portfolio Emerging Markets ETFSPEM
Market value
3.72M
Weight
0.02%
AUM
17.57B USD
Expense ratio
0.07%
Price / 1D
$52.38+0.61%
iShares MSCI Emerging Markets ETF logoiShares MSCI Emerging Markets ETFEEM
Market value
3.36M
Weight
0.01%
AUM
31.22B USD
Expense ratio
0.72%
Price / 1D
$67.12+0.75%
iShares MSCI China ETF logoiShares MSCI China ETFMCHI
Market value
3.18M
Weight
0.05%
AUM
6.29B USD
Expense ratio
0.59%
Price / 1D
$55.66+0.27%
Vanguard FTSE All-World ex-US ETF logoVanguard FTSE All-World ex-US ETFVEU
Market value
3.07M
Weight
0.00%
AUM
95.9B USD
Expense ratio
0.04%
Price / 1D
$85.69+0.82%

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