China Low-Carbon Policies Will Boost Renewable Energy Transition

The slight rise in Huaneng Power International’s consensus price target is primarily driven by a notable increase in the future P/E multiple, while revenue growth forecasts remain unchanged, resulting in a new target of HK$5.83. What's in the News Special/Extraordinary Shareholders Meeting scheduled at company headquarters in Beijing.

Huaneng Power International's fair value estimate has edged down slightly to HK$5.71 as a higher forward P/E suggests diminished earnings expectations, while the net profit margin remains stable. What's in the News Approved amendments to Articles of Association, including changes to class shareholder rights and removal of class meetings, with no material adverse impact on H shareholders.

Despite a reduction in revenue growth forecasts, the consensus future P/E multiple for Huaneng Power International has increased notably, resulting in a higher analyst price target from HK$5.43 to HK$5.77. What's in the News Mr. Huang Lixin resigned as President; Mr. Liu Ancang appointed as new President, bringing extensive experience within Huaneng and its subsidiaries.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget has decreased revenue growth from 0.6% to 0.3%.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget has decreased revenue growth from 1.5% to 0.6%.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget has increased revenue growth from 1.0% to 1.5% and decreased discount rate from 12.7% to 11.0%.