Huaneng Power International, Inc. Class A · SSE:600011
Huaneng Power International, Inc. Class A — FY2025 Earnings Presentation
14 slides from Huaneng Power International, Inc. Class A's earnings presentation, Mar 26, 2026
Slide 1: Annual Results Conference
iS | 46 BE El Bo FA TAR BR ZS al HUANENG POWER INTERNATIONAL, INC. Annual Results Conference March 26, 2026
Slide 2: Agenda
01 Performance Brief 02 Operation Results 03 Major Achievements During 14th-Five-Year-Plan Period 04 Industry Landscape 05 Expectations & Missions
Slide 3: Performance Brief
Total Assets Equity Based Net Assets 619.7 Billion yuan 148.6 Billion yuan YoY +4.04% YoY +3.31% Operation Equity Based EPS Revenue Net Profit 229.3 Billion 14.5Billion yuan 0.75 yuan YoY yuan -6.62% YoY +42.73% YoY +0.29yuan
Slide 4: Power Production, Utilization Hours and Average Tariff
01 Domestic Power Production 02 Utilization Hour 437.56 Billion KWH in 2025 3111 Hours in average for domestic plants Decreased by 15.38 Billion Kwh YoY（-3.39%） YoY decreased by 445Hr COAL FIRED GAS FIRED 340.2 Billion Kwh (77.7%) 28.9 Billion Kwh (6.6%) 03 Average Tariff (VAT included) 3959 Hr 1982
Slide 5: Unit Fuel Cost and Shares of Coal Contracts
Unit Fuel Cost Shares of Coal Contracts (Mid-long term, Spot Market, Imported) Yuan/MWH 211.72 206.58 180.62 326.43 Mid-long Term Spot Market 50.37% 51.65% 46.32% Imported 300.31 33.86% 32.72% 1066 1067 32.40% 862 20.96% 266.88 15.78% 717 15.96% 609 669 390 334 330 In Million Ton 2023 2024 2025 76.1
Slide 6: Newly Installed Renewables and Gas Capacity
Newly Installed Newly Installed Renewables Capacity Gas Units 12055MW* 4193MW 10004MW 9693MW 35% 9418MW 8859MW 7862MW 44% 11924MW Built in’25 21% Wind PV 5353MW 2023 2024 2025 2378MW *Including 131MW Wind Capacity from Acquisition.
Slide 7: Overseas Plants: Tuas Power and Sahiwal
Tuas Power, Singapore Total Revenue in 2025, 2.11 Billion yuan Sahiwal Plant, Pakistan Total Revenue in 2025, 860 Million yuan
Slide 8: Promise of Dividends Distribution
Promise of Dividends Distribution When the Company’s earning and accumulative retained profits for the current year are positive, and the company's cash flow is able to meet the need for its operation and development, the Company’s cash dividend payout shall be no less than 50% of the distributed pr
Slide 9: Introducing Regulation on Market Value Management
Introducing Regulation Enhancing Delivering Feasible on Market Value Communication and Deepening Researches Scheme for Share Optimizing Dividends Management for the Connection with on M&A Repurchase and Buying Dispatching Company by Major Shareholders Pioneering the latest Market Expanding the chann
Slide 10: Total Installed Capacity
Total Installed Capacity During China’s 14th-Five- In Our Total PV Year-Plan Period Installed Capacity 25,069 MW The Company 16.1% Keeps a 6.6% Annual Average Renewable Energy Growth in Capacity takes 29.31% Gas Fired 11.4% 17,700M 155,869 W 35043MW Renewables Added Low Carbon Clean MW 13.2% With it
Slide 11: Technology Achievements and R&D Investment
1 2 3 4 World’s First 650℃ Ultra- Low-Temperature Supercritical Coal-Fired Near-Zero Peak Load Home-Developed Unit Emission Management via Floating PV farm DCS Utilized into Introduced in Yuhuan Plant Molten Salt Thermal Production Technology in Zhejiang Province Storage Technology Applied 40+ Billi
Slide 12: Electricity Market and Coal Market
Electricity Market Faster construction in electricity spot market Market based settlement system established at provincial level Tariff continues to fluctuate as market entities competing intensely. Estimated Power Consumption Nationwide Coal Market Market stabilization oriented policy introduced 5%
Slide 13: Expectations and Missions
Securing supply while control Development Transformation the coal cost Coal Improving the quality of mid- Promoting high quality development of renewables Procurement long term coal contract Optimizing the structure of coal-fired capacity Take all actions to promote competitiveness Optimizing the pr
Slide 14: Building a Flagship Company
Building a Flagship Company Adding Vitality to Huaneng’s Paragraph In the Cause of National Modernization Three Strengths, Three Excellences Strategy in building leading capabilities: Stronger innovation capability, stronger competitiveness and stronger Party leadership. Together with excellent inte
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