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China Power International Development

OTCPK:CPWI.F
Snowflake Description

Established dividend payer and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CPWI.F
OTCPK
HK$20B
Market Cap
  1. Home
  2. US
  3. Utilities
Company description

China Power International Development Limited, together with its subsidiaries, develops, constructs, owns, operates, and manages power plants in the People’s Republic of China. The last earnings update was 161 days ago. More info.


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CPWI.F Share Price and Events
7 Day Returns
0%
OTCPK:CPWI.F
2.3%
US Renewable Energy
1.4%
US Market
1 Year Returns
-
OTCPK:CPWI.F
26.1%
US Renewable Energy
2.3%
US Market
CPWI.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
China Power International Development (CPWI.F) 0% 0% - - -60% -42.9%
US Renewable Energy 2.3% 7.4% 8.8% 26.1% 39.3% 11.9%
US Market 1.4% 5.6% 5.7% 2.3% 44.2% 40.9%
1 Year Return vs Industry and Market
  • No trading data on CPWI.F.
  • No trading data on CPWI.F.
Price Volatility
CPWI.F
Industry
5yr Volatility vs Market

Value

 Is China Power International Development undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of China Power International Development to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data    Our calculation method for this is changing soon.

Below are the data sources, inputs and calculation used to determine the intrinsic value for China Power International Development.

OTCPK:CPWI.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 9 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 14%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:CPWI.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 7.3%
Renewable Energy Unlevered Beta Simply Wall St/ S&P Global 0.43
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.431 (1 + (1- 25%) (344.97%))
1.545
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.55
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.545 * 7.27%)
13.96%

Discounted Cash Flow Calculation for OTCPK:CPWI.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for China Power International Development is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:CPWI.F DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (CNY, Millions) -2,046.46 1,931.00 1,951.10 1,971.41 1,991.93
Source Analyst x3 Analyst x1 Est @ 1.04% Est @ 1.04% Est @ 1.04%
Present Value
Discounted (@ 13.96%)
-1,795.73 1,486.82 1,318.24 1,168.77 1,036.25
Present value of next 5 years cash flows CN¥3,214.34
OTCPK:CPWI.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= CN¥1,991.93 × (1 + 2.73%) ÷ (13.96% – 2.73%)
CN¥18,217.67
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= CN¥18,217.67 ÷ (1 + 13.96%)5
CN¥9,477.24
OTCPK:CPWI.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= CN¥3,214.34 + CN¥9,477.24
CN¥12,691.58
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥12,691.58 / 9,806.89
CN¥1.29
OTCPK:CPWI.F Discount to Share Price
Calculation Result
Exchange Rate CNY/HKD
(Reporting currency to currency of SEHK:2380)
1.168
Value per Share
(HKD)
= Value per Share in CNY x Exchange Rate (CNY/HKD)
= CN¥1.29 x 1.168
HK$1.51
Non-primary Listing Adjustment Factor 1 share in OTCPK:CPWI.F represents 0.09662x of SEHK:2380
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.09662x
Value per Share
(Listing Adjusted, USD)
= Value per Share (HKD) x Listing Adjustment Factor
= HK$ 1.51 x 0.09662
$0.15
Value per share (USD) From above. $0.15
Current discount Discount to share price of $0.20
= -1 x ($0.20 - $0.15) / $0.15
-37%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of China Power International Development is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for China Power International Development's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are China Power International Development's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:CPWI.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in CNY CN¥0.11
SEHK:2380 Share Price ** SEHK (2018-12-03) in HKD HK$2.07
SEHK:2380 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.856 CN¥1.77
United States of America Renewable Energy Industry PE Ratio Median Figure of 6 Publicly-Listed Renewable Energy Companies 25.45x
United States of America Market PE Ratio Median Figure of 3,045 Publicly-Listed Companies 17.39x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of China Power International Development.

OTCPK:CPWI.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:2380 Share Price ÷ EPS (both in CNY)

= 1.77 ÷ 0.11

16.67x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Power International Development is good value based on earnings compared to the US Renewable Energy industry average.
  • China Power International Development is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does China Power International Development's expected growth come at a high price?
Raw Data
OTCPK:CPWI.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 16.67x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
43.6%per year
United States of America Renewable Energy Industry PEG Ratio Median Figure of 5 Publicly-Listed Renewable Energy Companies 4.41x
United States of America Market PEG Ratio Median Figure of 2,118 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

OTCPK:CPWI.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 16.67x ÷ 43.6%

0.38x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Power International Development is good value based on expected growth next year.
Price based on value of assets
What value do investors place on China Power International Development's assets?
Raw Data
OTCPK:CPWI.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in CNY CN¥2.95
SEHK:2380 Share Price * SEHK (2018-12-03) in HKD HK$2.07
SEHK:2380 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.856 CN¥1.77
United States of America Renewable Energy Industry PB Ratio Median Figure of 15 Publicly-Listed Renewable Energy Companies 1.24x
United States of America Market PB Ratio Median Figure of 5,129 Publicly-Listed Companies 1.87x
OTCPK:CPWI.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:2380 Share Price ÷ Book Value per Share (both in CNY)

= 1.77 ÷ 2.95

0.6x

* Primary Listing of China Power International Development.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Power International Development is good value based on assets compared to the US Renewable Energy industry average.
X
Value checks
We assess China Power International Development's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Renewable Energy industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Renewable Energy industry average (and greater than 0)? (1 check)
  5. China Power International Development has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is China Power International Development expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
43.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is China Power International Development expected to grow at an attractive rate?
  • China Power International Development's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • China Power International Development's earnings growth is expected to exceed the United States of America market average.
  • China Power International Development's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:CPWI.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:CPWI.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 43.6%
OTCPK:CPWI.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts 3.3%
United States of America Renewable Energy Industry Earnings Growth Rate Market Cap Weighted Average 16.7%
United States of America Renewable Energy Industry Revenue Growth Rate Market Cap Weighted Average 2.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 12.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:CPWI.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:CPWI.F Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 24,951 7,202 1
2022-12-31 24,650 7,173 1
2021-12-31 24,618 5,758 1
2020-12-31 28,244 9,125 2,968 8
2019-12-31 26,798 8,010 2,259 9
2018-12-31 23,339 6,222 1,322 9
OTCPK:CPWI.F Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-06-30 21,759 3,150 977
2018-03-31 20,921 3,141 886
2017-12-31 20,083 3,132 795
2017-09-30 19,052 3,568 830
2017-06-30 18,022 4,003 865
2017-03-31 18,516 5,060 1,615
2016-12-31 19,010 6,117 2,366
2016-09-30 19,925 6,403 2,856
2016-06-30 20,841 6,689 3,347
2016-03-31 20,586 6,815 3,748
2015-12-31 20,330 6,942 4,149
2015-09-30 19,823 6,999 4,013

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • China Power International Development's earnings are expected to grow significantly at over 20% yearly.
  • China Power International Development's revenue is expected to grow by 3.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:CPWI.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from China Power International Development Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CPWI.F Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31 0.29 0.34 0.21 8.00
2019-12-31 0.23 0.28 0.18 9.00
2018-12-31 0.14 0.19 0.11 8.00
OTCPK:CPWI.F Past Financials Data
Date (Data in CNY Millions) EPS *
2018-06-30 0.11
2018-03-31 0.10
2017-12-31 0.10
2017-09-30 0.08
2017-06-30 0.12
2017-03-31 0.22
2016-12-31 0.32
2016-09-30 0.39
2016-06-30 0.46
2016-03-31 0.52
2015-12-31 0.58
2015-09-30 0.57

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • China Power International Development is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess China Power International Development's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
China Power International Development has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has China Power International Development performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare China Power International Development's growth in the last year to its industry (Renewable Energy).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • China Power International Development's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • China Power International Development's 1-year earnings growth exceeds its 5-year average (12.9% vs -13.9%)
  • China Power International Development's earnings growth has not exceeded the North America Renewable Energy industry average in the past year (12.9% vs 58.4%).
Earnings and Revenue History
China Power International Development's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from China Power International Development Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CPWI.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 21,758.95 976.52 1,830.73
2018-03-31 20,920.77 885.90 1,820.05
2017-12-31 20,082.59 795.27 1,809.37
2017-09-30 19,052.06 830.10 1,769.30
2017-06-30 18,021.53 864.93 1,729.23
2017-03-31 18,515.68 1,615.40 1,812.16
2016-12-31 19,009.83 2,365.87 1,895.09
2016-09-30 19,925.38 2,856.35 1,990.35
2016-06-30 20,840.93 3,346.84 2,085.61
2016-03-31 20,585.69 3,747.93 2,008.69
2015-12-31 20,330.45 4,149.02 1,931.77
2015-09-30 19,822.85 4,012.51 1,805.36
2015-06-30 19,315.25 3,876.01 1,678.96
2015-03-31 19,934.06 3,320.95 1,639.38
2014-12-31 20,552.86 2,765.89 1,599.79
2014-09-30 20,350.45 2,636.36 1,551.60
2014-06-30 20,148.04 2,506.83 1,503.40
2014-03-31 19,533.13 2,398.36 1,370.82
2013-12-31 18,918.22 2,289.89 1,238.24
2013-09-30 18,522.17 2,162.21 1,144.68
2013-06-30 18,126.13 2,034.53 1,051.13
2013-03-31 17,855.77 1,607.83 1,017.37
2012-12-31 17,585.42 1,181.13 983.60
2012-09-30 17,339.48 911.31 957.54
2012-06-30 17,093.54 641.49 931.47
2012-03-31 16,636.51 573.35 878.08

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • China Power International Development has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • China Power International Development used its assets less efficiently than the US Renewable Energy industry average last year based on Return on Assets.
  • China Power International Development's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess China Power International Development's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Renewable Energy industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
China Power International Development has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is China Power International Development's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up China Power International Development's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • China Power International Development's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • China Power International Development's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of China Power International Development's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from China Power International Development Company Filings, last reported 7 months ago.

OTCPK:CPWI.F Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 37,021.16 59,973.83 3,174.23
2018-03-31 37,021.16 59,973.83 3,174.23
2017-12-31 37,194.46 51,754.51 4,577.79
2017-09-30 37,194.46 51,754.51 4,577.79
2017-06-30 33,960.20 51,241.35 2,547.61
2017-03-31 33,960.20 51,241.35 2,547.61
2016-12-31 34,594.83 47,876.29 1,809.42
2016-09-30 34,594.83 47,876.29 1,809.42
2016-06-30 33,334.26 44,583.70 2,425.21
2016-03-31 33,334.26 44,583.70 2,425.21
2015-12-31 34,225.80 42,794.23 1,528.02
2015-09-30 34,225.80 42,794.23 1,528.02
2015-06-30 33,594.68 44,772.46 4,025.27
2015-03-31 33,594.68 44,772.46 4,025.27
2014-12-31 27,249.76 45,655.09 1,126.92
2014-09-30 27,249.76 45,655.09 1,126.92
2014-06-30 24,596.28 46,834.43 3,875.31
2014-03-31 24,596.28 46,834.43 3,875.31
2013-12-31 23,287.14 45,689.28 1,641.37
2013-09-30 23,287.14 45,689.28 1,641.37
2013-06-30 20,655.55 43,641.17 2,706.47
2013-03-31 20,655.55 43,641.17 2,706.47
2012-12-31 18,929.42 45,598.87 2,016.42
2012-09-30 18,929.42 45,598.87 2,016.42
2012-06-30 17,303.37 44,917.04 2,912.86
2012-03-31 17,303.37 44,917.04 2,912.86
  • China Power International Development's level of debt (162%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (211.1% vs 162% today).
  • Debt is not well covered by operating cash flow (5.3%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.9x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess China Power International Development's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. China Power International Development has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is China Power International Development's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.57%
Current annual income from China Power International Development dividends. Estimated to be 7.64% next year.
If you bought $2,000 of China Power International Development shares you are expected to receive $91 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • China Power International Development's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.4%).
  • China Power International Development's dividend is above the markets top 25% of dividend payers in United States of America (3.54%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:CPWI.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
United States of America Renewable Energy Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 4.3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2001 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:CPWI.F Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 0.16 1.00
2022-12-31 0.15 1.00
2021-12-31 0.14 1.00
2020-12-31 0.15 9.00
2019-12-31 0.12 10.00
2018-12-31 0.08 10.00
OTCPK:CPWI.F Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2018-03-22 0.081 5.111
2017-03-23 0.160 7.773
2016-03-23 0.232 8.832
2015-05-04 0.168 4.457
2014-03-19 0.160 5.792
2013-03-21 0.090 4.063
2012-03-23 0.045 2.670
2011-03-30 0.045 3.065
2010-04-16 0.045 3.134
2009-09-28 0.000 0.000
2009-09-17 0.000 0.000
2009-04-20 0.000 0.000
2009-02-23 0.054 3.860

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of China Power International Development's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.3x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.9x coverage).
X
Income/ dividend checks
We assess China Power International Development's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can China Power International Development afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. China Power International Development has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of China Power International Development's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jun Tian
COMPENSATION CN¥485,363
AGE 52
CEO Bio

Mr. Jun Tian has been President and Executive Director of China Power International Development Limited since June 8, 2017 and also serves as its Chief Executive. Mr. Tian serves as General Manager and Director of CPI Holding. He previously served as the General Manager of Hejin Power Branch of Zhangze Electric Power Co., Ltd. He served as Vice General Manager and Chief Engineer of CPI Power Operation Co., Ltd. He served as Vice General Manager of CPI Xinjiang Energy Co., Ltd. He served as Deputy Director of the Safety and Environmental Protection Department of CPI Group. From June 2015 to April 2017, Mr. Tian was a Director and the General Manager of State Power Investment Corporation Yuanda Environmental Protection Co., Ltd. Mr. TIAN is a senior engineer at professor level and has a Master of Engineering degree from Taiyuan University of Technology.

CEO Compensation
  • Insufficient data for Jun to compare compensation growth.
  • Jun's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Jun Tian

TITLE
President
COMPENSATION
CN¥485K
AGE
52

Lianhui He

TITLE
Financial Controller
AGE
48

Wei Xu

TITLE
VP & Chief Legal Advisor
AGE
45

Yufeng Yang

TITLE
Chief Economist
AGE
42

Xinchun Xue

TITLE
Chief Engineer
AGE
52

Siu Lan Cheung

TITLE
Company Secretary
TENURE
8.1 yrs
Board of Directors Tenure

Average tenure and age of the China Power International Development board of directors in years:

6.6
Average Tenure
56
Average Age
  • The tenure for the China Power International Development board of directors is about average.
Board of Directors

Jun Tian

TITLE
President
COMPENSATION
CN¥485K
AGE
52
TENURE
1.7 yrs

Fang Li

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥279K
AGE
56
TENURE
14.9 yrs

Gordon Kwong

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥279K
AGE
69
TENURE
14.9 yrs

Qihong Guan

TITLE
Non-Executive Director
AGE
56
TENURE
11.1 yrs

Ka Yau

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥279K
AGE
60
TENURE
2.2 yrs

Xianchun Wang

TITLE
Non-Executive Director
AGE
56
TENURE
1.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
28. Jun 18 Buy State Power Investment Corporation Limited Company 26. Jun 18 26. Jun 18 10,000,000 $0.24 $2,370,680
X
Management checks
We assess China Power International Development's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. China Power International Development has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Map
Description

China Power International Development Limited, together with its subsidiaries, develops, constructs, owns, operates, and manages power plants in the People’s Republic of China. It also generates and sells electricity. The company operates through Coal-fired Electricity, Hydropower Electricity, Wind Power Electricity, and Photovoltaic Power Electricity segments. It owns and operates hotels; and provides repair and maintenance, logistics, and IT services. The company was incorporated in 2004 and is based in Wanchai, Hong Kong. China Power International Development Limited is considered as a Red Chip company due to its listing on the Hong Kong Stock Exchange.

Details
Name: China Power International Development Limited
CPWI.F
Exchange: OTCPK
Founded: 2004
HK$2,587,153,438
9,806,886,321
Website: http://www.chinapower.hk
Address: China Power International Development Limited
Central Plaza,
Suite 6301,
Wanchai,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 2380 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 15. Oct 2004
OTCPK CPWI.F Ordinary Shares Pink Sheets LLC US USD 15. Oct 2004
DB HPD Ordinary Shares Deutsche Boerse AG DE EUR 15. Oct 2004
SHSC 2380 Ordinary Shares Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect HK HKD 15. Oct 2004
SZSC 2380 Ordinary Shares The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect HK HKD 15. Oct 2004
Number of employees
Current staff
Staff numbers
9,940
China Power International Development employees.
Industry
Independent Power Producers and Energy Traders
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/22 00:01
End of day share price update: 2018/12/03 00:00
Last estimates confirmation: 2019/01/29
Last earnings filing: 2018/09/14
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.