Earnings Alerts

Huaneng Power Intl Inc H (902) Earnings: First Half EPS at 38 RMB Cents with 18.2% Net Income Growth

  • EPS Performance: Huaneng Power’s earnings per share (EPS) for the first half of 2024 is 38 RMB cents.
  • Revenue Achievement: The operating revenue for Huaneng Power in 1H 2024 is 118.81 billion yuan.
  • Profit Growth: Huaneng Power recorded a net income of 7.45 billion yuan in the first half of the year.
  • Net Income Increase: There was an 18.2% increase in net income for Huaneng Power compared to the same period last year.
  • Analyst Ratings: The company has received 10 buy ratings, 6 hold ratings, and 1 sell rating from analysts.

A look at Huaneng Power Intl Inc H Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

In terms of the Smartkarma Smart Scores for Huaneng Power Intl Inc H, the company is showing a positive outlook for the long term. With high scores in Value and Growth factors, it indicates a strong potential for value and growth in the company’s operations. Momentum is also high, suggesting a favorable trend in the company’s performance. However, the lower scores in Dividend and Resilience factors indicate some areas of concern. Despite this, overall, the company seems well-positioned for growth and value creation.

Huaneng Power International, Inc. is a prominent player in the energy sector, primarily focusing on developing and operating coal-fired power plants across China. Additionally, the company is involved in the construction of gas-fired, hydroelectric, and wind power generation facilities within China. Huaneng Power Intl Inc H also has a stake in Tuas Power, which manages power generation assets in Singapore. With a diversified portfolio in the power generation industry, the company aims to contribute significantly to the energy landscape in both China and Singapore.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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