OTCPK:HPIF.F

Stock Analysis Report

Huadian Power International

Executive Summary

Huadian Power International Corporation Limited, together with its subsidiaries, engages in the generation and supply of electricity and heat to power grid companies in the People’s Republic of China.

Snowflake

Fundamentals

Undervalued with moderate growth potential.

Share Price & News

How has Huadian Power International's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:HPIF.F

-1.0%

US Renewable Energy

-1.9%

US Market


1 Year Return

n/a

OTCPK:HPIF.F

8.8%

US Renewable Energy

-3.3%

US Market

No trading data on HPIF.F.

No trading data on HPIF.F.


Share holder returns

HPIF.FIndustryMarket
7 Day0%-1.0%-1.9%
30 Day0%0.9%-6.2%
90 Dayn/a2.1%0.3%
1 Yearn/a12.5%8.8%-1.1%-3.3%
3 Yearn/a40.7%20.9%37.9%28.9%
5 Yearn/a5.0%-18.7%50.8%34.1%

Price Volatility Vs. Market

How volatile is Huadian Power International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Huadian Power International's share price is below the future cash flow value, and at a moderate discount (> 20%).

Huadian Power International's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Huadian Power International is good value based on earnings compared to the US Renewable Energy industry average.

Huadian Power International is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Huadian Power International is good value based on expected growth next year.


Price Based on Value of Assets

Huadian Power International is good value based on assets compared to the US Renewable Energy industry average.


Next Steps

Future Growth

How is Huadian Power International expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

26.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Huadian Power International's revenue is expected to grow by 2.1% yearly, however this is not considered high growth (20% yearly).

Huadian Power International's earnings are expected to grow significantly at over 20% yearly.

Huadian Power International's revenue growth is positive but not above the United States of America market average.

Huadian Power International's earnings growth is expected to exceed the United States of America market average.

Huadian Power International's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Huadian Power International is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Huadian Power International performed over the past 5 years?

-33.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Huadian Power International's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Huadian Power International's 1-year earnings growth exceeds its 5-year average (61.2% vs -33.4%)

Huadian Power International's earnings growth has not exceeded the North America Renewable Energy industry average in the past year (61.2% vs 77.8%).


Return on Equity

Huadian Power International has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Huadian Power International used its assets less efficiently than the US Renewable Energy industry average last year based on Return on Assets.


Return on Capital Employed

Huadian Power International's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Huadian Power International's financial position?


Financial Position Analysis

Huadian Power International's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Huadian Power International's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Huadian Power International's level of debt (165.5%) 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 (308.3% vs 165.5% today).

Debt is not well covered by operating cash flow (16.7%, less than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 2x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.2x debt.


Next Steps

Dividend

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

5.30%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Huadian Power International's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.41%).

Huadian Power International's dividend is below the markets top 25% of dividend payers in United States of America (3.64%).

Huadian Power International has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

Dividend payments have increased, but Huadian Power International only paid a dividend in the past 9 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.4x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.2x coverage).


Next Steps

Management

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

9.8yrs

Average management tenure


CEO

Hongbao Tian (58yo)

2.4yrs

Tenure

CN¥784,000

Compensation

Mr. Tian Hongbao has been a General Manager of Huadian Power International Corporation Limited since November 17, 2016 and is its Vice Chairman since March 11, 2019. Mr. Tian has successively held position ...


CEO Compensation Analysis

Hongbao's remuneration is lower than average for companies of similar size in United States of America.

Hongbao's compensation has increased by more than 20% in the past year.


Management Age and Tenure

9.8yrs

Average Tenure

52yo

Average Age

The average tenure for the Huadian Power International management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

3.9yrs

Average Tenure

56yo

Average Age

The tenure for the Huadian Power International board of directors is about average.


Insider Trading

No 3 month insider trading information.


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Ownership Breakdown


Management Team

  • Lianqing Zhou (58yo)

    Company Secretary

    • Tenure: 10.8yrs
    • Compensation: CN¥623.60k
  • Guoquan Peng (52yo)

    Deputy General Manager

    • Tenure: 11.5yrs
    • Compensation: CN¥716.80k
  • Chen Cunlai (56yo)

    Deputy GM & Executive Director

    • Tenure: 0.0yrs
    • Compensation: CN¥716.50k
  • Huiping Wang (50yo)

    Head of Accounting Department

    • Tenure: 0.0yrs
  • Bin Chen (45yo)

    Deputy GM & General Counsel

    • Tenure: 0.0yrs
    • Compensation: CN¥713.00k
  • Hongbao Tian (58yo)

    GM & Vice Chairman

    • Tenure: 2.4yrs
    • Compensation: CN¥784.00k
  • Rong Feng (50yo)

    Chief Financial Officer

    • Tenure: 1.4yrs
  • Wang Xuxiang

    Chairman

    • Tenure: 0.0yrs

Board Members

  • Huiping Ding (62yo)

    Independent Non-Executive Director

    • Tenure: 4.9yrs
    • Compensation: CN¥80.00k
  • Chuanshun Wang (53yo)

    Independent Non-Executive Director

    • Tenure: 2.9yrs
    • Compensation: CN¥80.00k
  • Wei Gou (51yo)

    Non-Executive Director

    • Tenure: 5.3yrs
  • Chen Cunlai (56yo)

    Deputy GM & Executive Director

    • Tenure: 0.0yrs
    • Compensation: CN¥716.50k
  • Dashu Wang (62yo)

    Independent Non-Executive Director

    • Tenure: 3.9yrs
    • Compensation: CN¥80.00k
  • Wenlong Zong (45yo)

    Independent Non-Executive Director

    • Tenure: 3.9yrs
    • Compensation: CN¥80.00k
  • Hongbao Tian (58yo)

    GM & Vice Chairman

    • Tenure: 2.4yrs
    • Compensation: CN¥784.00k
  • Wei Chen (43yo)

    Chairman of the Supervisory Committee

    • Tenure: 0.5yrs
  • Shoumin Ni (56yo)

    Vice Chairman

    • Tenure: 0.0yrs
  • Wang Xuxiang

    Chairman

    • Tenure: 0.0yrs

Company Information

Huadian Power International Corporation Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Huadian Power International Corporation Limited
  • Ticker: HPIF.F
  • Exchange: OTCPK
  • Founded: 1994
  • Industry: Independent Power Producers and Energy Traders
  • Sector: Utilities
  • Market Cap: HK$45.393b
  • Listing Market Cap: HK$5.787b
  • Shares outstanding: 9.86b
  • Website: https://www.hdpi.com.cn

Number of Employees


Location

  • Huadian Power International Corporation Limited
  • No. 2 Xuanwumennei Street
  • Xicheng District
  • Beijing
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HPIF.FOTCPK (Pink Sheets LLC)YesForeign Shares-Foreign ListedUSUSDJul 1999
1071SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares-Foreign ListedHKHKDJul 1999
SHXDB (Deutsche Boerse AG)YesForeign Shares-Foreign ListedDEEURJul 1999
1071SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesForeign Shares-Foreign ListedHKHKDJul 1999
1071SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesForeign Shares-Foreign ListedHKHKDJul 1999
600027SHSE (Shanghai Stock Exchange)Domestic SharesCNCNYFeb 2005
600027XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)Domestic SharesCNCNYFeb 2005
HPIF.YOTCPK (Pink Sheets LLC)ADRUSUSDDec 2008

Biography

Huadian Power International Corporation Limited, together with its subsidiaries, engages in the generation and supply of electricity and heat to power grid companies in the People’s Republic of China. It i ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/04/27 23:57
End of Day Share Price2019/01/29 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.