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Thermal power generator and one of China's 'big five' state gencos, part of the China Huadian Group.
Thermal power generator and one of China's 'big five' state gencos, part of the China Huadian Group.
Sells electricity to provincial grid companies at tariffs that are partly regulated and partly set in market trading, while coal, its largest cost, moves freely, so earnings swing with the coal price. China Huadian Group, a central-government-owned company, is the controlling shareholder.
In one line: China's Duke Energy/NRG Energy generation arm.
Moat: narrow (scale, regulatory licence). Big-five state generator scale, though regulated tariffs and coal costs limit margin upside.
Headquarters: Beijing, China · Founded: 1999 · Employees: 30,595
Size Huadian Power International (600027.SS) is a China Utilities company (Electric Utilities) with a market value of $8.61B, the 286th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.16 on 6 Nov 2026.
Performance Over six months the shares gained 3.4%, against -4.3% for the median peer and -16.4% for the China market (cap-weighted) — 7th highest of 21 in its peer set.
Growth Revenue fell 6.6% over the last twelve months (peer median +7.6%); the operating margin is 5.6% (peer median 17.6%).
Valuation It trades at 13.2× forward earnings against a peer median of 16.9× (7th cheapest of 19).
Price implies For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -7 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 0.2 points above its cost of capital (5.0% WACC).
Next results Next results expected around 31 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥116B | CN¥126B | CN¥141B | CN¥117B | CN¥107B |
| Revenue growth | — | -11% | +21% | +9% | — |
| Gross profit | CN¥21.0B | CN¥13.9B | CN¥11.3B | CN¥7.31B | CN¥460M |
| EBITDA | n/a | CN¥23.6B | CN¥21.5B | CN¥15.5B | CN¥7.67B |
| Net income | CN¥3.54B | CN¥6.07B | CN¥5.99B | CN¥4.52B | CN¥116M |
| Free cash flow | CN¥8.03B | CN¥12.8B | CN¥8.77B | CN¥3.59B | CN¥304M |
| Capital expenditure | CN¥12.9B | CN¥15.1B | CN¥12.0B | CN¥10.5B | CN¥10.4B |
| Total debt | CN¥150B | CN¥161B | CN¥167B | CN¥149B | CN¥152B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Huadian Power International 600027.SS | $8.61B | +3% | -7% | 6% | 13.2× | -0.4% |
| Huaneng Power International 600011.SS | $16.4B | +9% | -5% | 9% | 13.5× | -2.1% |
| GD Power Development 600795.SS | $14.4B | +13% | -1% | 9% | 19.2× | -0.4% |
| Datang International Power Generation 601991.SS | $10.8B | +14% | 0% | 12% | 12.2× | -2.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 600027.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | 0.0% | +0.5% | 9th lowest of 21 |
| 6-month return | +3.4% | -4.3% | 7th highest of 21 |
| Distance from 52-week high | -15.1% | -17.1% | 10th highest of 21 |
| Revenue growth (TTM) | -6.6% | +7.6% | lowest of 21 |
| Operating margin | 5.6% | 17.6% | 2nd lowest of 21 |
| Forward P/E | 13.2× | 16.9× | 7th cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | -0.4% | 1.6% | 6th least demanding of 12 |
| Growth delivered (Del g) | +6.3% | +7.4% | 5th lowest of 12 |
| Hurdle (Req g minus delivered) | -6.6 pp | -5.8 pp | 6th least demanding of 12 |
| ROIC minus cost of capital | +0.2 pp | -0.6 pp | 7th highest of 21 |
| Net debt / EBITDA | 6.8× | 5.2× | 5th most indebted of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Huadian Power International 600027.SS | China | $8.61B | +3% | -7% | 6% | 13.2× | -0.4% | +6.3% |
| IDACORP IDA | United States | $8.63B | +2% | +4% | 23% | 21.7× | n/a | n/a |
| A2A A2A.MI | Italy | $8.55B | +4% | +14% | 8% | 11.9× | 2.8% | +15.6% |
| NHPC NHPC.NS | India | $8.72B | +1% | +12% | 30% | 19.4× | n/a | n/a |
| PGE Polska Grupa Energetyczna PGE.WA | Poland | $9.02B | +47% | -2% | 12% | 5.5× | n/a | n/a |
| Bkw BKW.SW | Switzerland | $8.12B | -17% | -5% | 11% | 14.1× | 1.6% | +7.4% |
| Companhia Paranaense de Energia Sponsored ADR ELPC | United States | $7.92B | -15% | +27% | 19% | 16.3× | -5.5% | +5.3% |
| Sembcorp Industries U96.SI | Singapore | $7.91B | -8% | +8% | 11% | 11.5× | n/a | n/a |
| Brookfield Renewable Partners LP BEP-UN.TO | Canada | $9.41B | -7% | +7% | 11% | n/a | n/a | n/a |
| Redeia Corporacion RED.MC | Spain | $9.47B | +8% | +15% | 43% | 16.7× | n/a | n/a |
| Edison EDNR.MI | Italy | $9.87B | -12% | +6% | 3% | n/a | n/a | n/a |
| Hikari Tsushin 9435.T | Japan | $10.0B | -5% | +7% | 15% | 12.5× | 6.7% | +5.6% |
| Inner Mongolia MengDian HuaNeng Thermal Power 600863.SS | China | $7.35B | +16% | -3% | 16% | 18.4× | -1.9% | +6.5% |
| JSW Energy JSWENERGY.NS | India | $10.1B | -9% | +26% | 36% | 39.7× | n/a | n/a |
| SPIC Hydropower 600292.SS | China | $7.26B | -34% | +301% | 28% | 72.6× | -6.8% | +27.0% |
| Jiangsu Eastern Shenghong 000301.SZ | China | $10.3B | -22% | +4% | 7% | 12.4× | -2.1% | +28.4% |
| Capital Power CPX.TO | Canada | $7.13B | -4% | +25% | 10% | 19.5× | 18.9% | +11.8% |
| OGE Energy OGE | United States | $10.5B | +7% | +2% | 26% | 21.6× | 8.1% | +9.0% |
| HK Electric Investments & HK Electric Investments 2638.HK | Hong Kong | $6.99B | -3% | +4% | 42% | 17.1× | 3.5% | +3.1% |
| AES AES | United States | $10.6B | +4% | +12% | 20% | 6.8× | n/a | n/a |
| Guangxi Guiguan Electric Power 600236.SS | China | $10.7B | -10% | +26% | 48% | 20.7× | -2.8% | +3.0% |