Huaneng Power International, Inc. Class A · SSE:600011
Huaneng Power International, Inc. Class A — FY2023 Earnings Presentation
14 slides from Huaneng Power International, Inc. Class A's earnings presentation, Mar 26, 2024
Slide 1: 2023 Annual Results Presentation
2023 Annual Results Presentation Mar.21st 2024 Hong Kong
Slide 2: Contents
CONTENTS I Financial Highlights II Operation Results III Industry Landscape IV Targets & Missions
Slide 3: I. Financial Highlights
I. FINANCIAL HIGHLIGHTS Equity Based Net Assets: Equity Based Net Profit: 138.76 Billion Yuan 8.357 Billion Yuan YoY +19.97% YoY+204.13% Total Assets: Operation Revenue: EPS:0.35 Yuan 550.32 Billion Yuan 254.40 Billion Yuan YoY+1.00 Yuan YoY +7.44% YoY+3.11%
Slide 4: Results—Overseas Business
II. Operation Results——Overseas Business Tuas Power, Singapore Sahiwal Plant, Pakistan RMB 4.36 Billion Profit Before Tax RMB 605Million Profit Before Tax RMB 2.48 Billion YoY Increase RMB 9 Million YoY increase
Slide 5: Results—Domestic Power Production
II. Operation Results——Domestic Power Production Electricity Power Sold by Domestic Power Plants 447.856Billion KWh, ranking the first among COAL FIRED GAS FIRED peers in China, representing a 5.33% YoY increase. 375.8Billion KWh 27.7Billion KWh 4388Hrs 2503Hrs 491.76 Yuan/MWh 721.04 Yuan/MWh Averag
Slide 6: Results—Fuel Cost
II. Operation Results——Fuel Cost x10000 tons Shares of coal from Contracts, spot market & import 22000 21172 20284 19406 20000 18000 22.56% 16000 29.31% 33.86% RMB yuan/MWh Unit Fuel Cost, Power Sold 14000 12000 25.67% 15.78% 27.74% 400 10000 372.56 8000 360 6000 50.37% 326.43 42.95% 51.77% 316.45 4
Slide 7: Results—Newly Installed Capacity
II. Operation Results——Newly Installed Capacity 10003.9MW Coal 650MW 8614.13MW Gas 495MW 7% 8858.9MW 5% 5232.4MW 6027.73MW 2023 Installed 20% Wind 2033.2MW 3202.4MW 10003.9MW 68% FY21 FY22 FY23 Total Solar 6825.7MW Renewable Installed Capacity
Slide 8: Results—Installed Capacity Mix
II. Operation Results——Installed Capacity Mix Controlled Installed Capacity Coal Fired Capacity Large power Plants55% Less than 300MW WIND 1000MW 4.36% 11.43% 17.51% SOLAR 9.66% 93283 300MW 135655 GAS 40.10% MW MW 9.75% COAL 600MW 68.76% 38.03% 29% wind turbines installed offshore
Slide 9: Results—R&D Propelled by sci-tech innovation
II. Operation Results——R&D Propelled by sci-tech innovation Large offshore turbine technology R&D succeed with the assistance of MOST. Dozen of breakthroughs achieved in high temperature materials. Key techniques in gas plant operation cataloged in the SOEs’ sci-tech innovation list. In Weihai Plant
Slide 10: Results—Honors
II. Operation Results——Honors Honors As a listed company, HPI stays focused on optimizing operation with better internal management, of fering even tighter links with investors.
Slide 11: Results—Dividends Distribution
II. Operation Results——Dividends Distribution 23’ Dividends Distribution Plan Article of Dividends Distribution Dividends of 0.20RMB per share, In line with the Article of Associate, 3.14Billion in total will be distributed, while the Company has a positive nearly 60% of distributable profit. retain
Slide 12: III. Industry Landscape
III. Industry Landscape Electricity Market 02 Market of 2024 contains: • Parts of fuel cost of coal plants to be covered by capacity based pricing policy • More intense competition in spot market 01 • Uncertainties increasing • Downward trend of renewable energy tariff National Power Demand & Supply
Slide 13: IV. Targets & Missions
IV. Targets & Missions Installation Production Sale Procurement Capital Managing Stepping up renewable Enhancing maintenance of Putting efficiency at first, while Securing fuel supply in a Strengthening market research capacity installation clean energy plants striking a balance between comprehensiv
Slide 14: Building a World Leading Listed Company
Building a World Leading Listed Company Contributing Huaneng Wisdom to Modernization
Huaneng Power International — FY2023 Earnings Presentation on 6ix