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Huaneng Power International Inc Class H (HUNGF)
OTHER OTC:HUNGF
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Earnings Data
Report Date
Mar 25, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
-$0.05Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 29, 2024
|% Change Since: -3.51%
|Next Earnings Date:Mar 25, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive and negative developments. While there was notable progress in renewable energy capacity and net profit growth, the company faced challenges with declining revenues, tariff reductions, and asset impairments. Overseas operations, particularly in Singapore, also showed a decrease in profitability.Company Guidance
During the third quarter earnings call for Huaneng Power International, several key metrics and guidance were discussed. The company reported a consolidated operating revenue of JPY 184.396 billion, showing a 3.62% decrease compared to the previous year. Net profit attributable to shareholders was CNY 10.41 billion, with earnings per share at JPY 0.53. The company saw a 1.14% increase in domestic on-grid power sales, reaching 341.24 billion kilowatt hours, despite a 2.63% decrease in average tariff to CNY 496.27 per megawatt hour. The unified cost for coal decreased by 8.74% to CNY 303.47 per megawatt hour. Key developments included the addition of 5,278.6 megawatts in new units, with 1,467.5 in wind power and 3,753.1 in solar power. The foreign operations faced challenges with a profit before tax in Singapore's Tuas Power dropping by CNY 1.394 billion. The company projects improvements in coal supply and demand balance for 2025, with expectations of stable coal consumption and a slight increase in coal supply. Additionally, the company incurred a CNY 727 million asset impairment for Jiangjin power plant, with future impairments being evaluated based on ongoing assessments.Net Profit Increase
Net profit attributable to the parent after deducting nonrecurring profit and losses was CNY 10.028 billion, increasing by CNY 633 million or 6.73%.
Growth in Renewable Capacity
The company added 5,278.6 megawatts of new units, including 1,467.5 megawatts of wind power and 3,753.1 megawatts of solar power.
Improved Coal Cost Management
The unified cost of coal decreased by 8.74% year-on-year.
Record Performance in Pakistan
The Sahiwal power plant in Pakistan reached a record high with a profit before tax of CNY 670 million, increasing by CNY 241 million.
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HUNGF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HUNGF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 29, 2024 | $0.57 | $0.55 | -3.51% |
| Jul 30, 2024 | $0.64 | $0.63 | -1.56% |
| Apr 24, 2024 | $0.63 | $0.62 | -1.59% |
| Mar 20, 2024 | $0.59 | $0.56 | -5.08% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Huaneng Power International Inc Class H (HUNGF) report earnings?
Huaneng Power International Inc Class H (HUNGF) is schdueled to report earning on Mar 25, 2025, TBA Not Confirmed.
What is Huaneng Power International Inc Class H (HUNGF) earnings time?
Huaneng Power International Inc Class H (HUNGF) earnings time is at Mar 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HUNGF EPS forecast?
Currently, no data Available
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