Huaneng Power International, Inc. Class A · SSE:600011
Huaneng Power International, Inc. Class A — FY2014 Earnings Presentation
14 slides from Huaneng Power International, Inc. Class A's earnings presentation, Mar 25, 2015
Slide 1: Annual Results Presentation
ANNUAL RESULTS PRESENTATION 25 March, 2015 Hong Kong
Slide 2: Content
Content I Financial Highlights II Business Performance III Trend and Objectives IV Outlook and Perspectives
Slide 3: Financial Highlights
Financial Highlights Total Assets (RMB billion) • Increased 4.93%YoY 275.172 Net Assets 70.129 (RMB billion) • Increased 12.3%YoY Operating Revenue (RMB billion) • Decreased 6.3%YoY 125.407 Net Profit • Increased 3.18%YoY 10.757 (RMB billion) Earnings per Share 0.76 (RMB billion) • Increased 2.7%YoY
Slide 4: Business Performance: Domestic Power Generation
Business Performance Domestic Power Generation Avg. utilization hours of thermal units 6,000 5,564 5,552 HPI National (‘00 million kWh) 5,114 5089 3,500 5,000 4,618 3,136 3175 3,024 2,944 3,000 4,000 2,570 2,500 3,000 2,000 2,000 2010 2011 2012 2013 2014 1,500 1,000 Average tariffs(RMB/MWh) 460.00 4
Slide 5: Business Performance: Fuel Supply and Costs
Business Performance (continued) Fuel supply and Costs Business mode transformation ◆International and domestic marketized procurement ◆Reinforced the cooperation with major coal mines Structural adjustment In 2014, the company totally purchased 121 million tons natural coal. The unit fuel cos
Slide 6: Leading Technical & Energy Consumption Indicators
Business Performance (continued) Leading Technical & Energy Consumption Indicators Average equivalent availability ratio Average house consumption rate 95.21% 5.28% 94.53% 4.60% 2013 2014 2013 2014 Average coal consumption Average coal consumption for generation for power sold 293.47 310.94 292.19
Slide 7: Projects Commissioned in 2014
Business Performance (continued) Projects Commissioned in 2014 Project Capacity(MW) Tembusu Multi-Utilities Complex Phase II 32.5 Coal fired Project A Zhejiang Changxing 1320 Zhejiang Tongxiang Combined Cycle 458.4 Gas fired Tianjin Lingang Co-generation 463 Chongqing Liangjiang Combined Cycle 934 L
Slide 8: Business Performance: Acquisition
Business Performance (continued) Acquisition The Company acquired the assets and interests of ten target power companies from Huaneng Group and Huaneng International Power Development Corporation Hainan Power 91.8% Chaohu Power 60% Wuhan Power 75% Ruijin Power 100% Suzhou Thermal Power 53.45% An
Slide 9: Business Performance: Shares Placement
Business Performance (continued) Shares placement On November 13, the company issued H shares to nine placees. Issued Shares of the Company Number of new H shares 365,000,000 H Shares Placing price HK$8.6 27.19% A Shares Aggregate raising funds HK$3139 million 72.81% The total number of issued
Slide 10: Business Performance: Generation Capacity
Business Performance (continued) Generation Structure Generation Capacity 9.05% To date, the controlling Coal fired Gas fired generation capacity was Wind 78,693MW, and the equity- Oil fired based generation capacity 87.97% Hydro was 70,736MW. The Company has plants in 21 provinces, municipali
Slide 11: Dividends Payout
Business Performance (continued) Dividends Payout 80% 70% 60% 50% 40% 30% Pay-out Ratio 20% 10% 0% 2001 2005 2009 2013 1998 1999 2000 2002 2003 2004 2006 2007 2008 2010 2011 2012 2014 Notes： Calculated under IFRS (DPS/EPS), the company paid dividends per share of RMB0.10 in spite of the losses in
Slide 12: Trend and Objectives (Continued)
Trend and Objectives (Continued) Domestic generation 345 billion kWh Generation Objectives for 2015 Utilization hours of domestic units 4460 hours Strengthen the awareness of market-orientation, reform, innovation and risk management Main Tasks Elevate management level and focus on quality and effic
Slide 13: Outlook and Perspectives
Outlook and Perspectives Edge in tech Remarkable good in in manage- efficiency ment First class listed company with excellence in governance & market value Synergism Advantage effect in layout Optimized structure The controlled capacity will exceed 80GW by 2015.
Slide 14: Sy fi il os SL HE hi BES od
Sy 4 fi il os SL HE hi BES od Huaneng Power International, Inc.
Huaneng Power International — FY2014 Earnings Presentation on 6ix