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    2380   HK2380027329

CHINA POWER INTERNATIONAL DEVELOPMENT LIMITED

(2380)
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China Power International Development : Wu Ling Power - Financial Reports

04/30/2021 | 06:50am EDT

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

China Power International Development Limited

中 國 電 力 國 際 發 展 有 限 公 司

(incorporated in Hong Kong with limited liability)

(Stock Code: 2380)

Inside Information

Wu Ling Power - Financial Reports

This announcement is made by China Power International Development Limited (the "Company", and together with its subsidiaries, collectively the "Group") pursuant to Rule

13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the inside information provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Reference is made to the Company's announcement dated 18 August 2020 in relation to the issuance of super & short-term commercial paper by Wu Ling Power Corporation* ("Wu Ling Power", a 63%-owned subsidiary of the Company) for the amount of RMB1 billion in the People's Republic of China (the "PRC").

According to the relevant rules and regulations in the PRC, during the life of the super & short-term commercial paper, Wu Ling Power has to publish its annual audited accounts of the previous year and the first quarter management accounts of the current year. The said accounts could be found on the websites at www.chinamoney.com.cnand www.shclearing.com.

The following financial information provided is only based on the preliminary assessment by Wu Ling Power in accordance with the prevailing generally accepted accounting principles in the PRC, which has not been confirmed nor reviewed by the auditors of Wu Ling Power and the Company. Set out below are the key unaudited financial figures of Wu Ling Power:

1

For the first

As at

three months

31 March

of 2021

2021

(RMB'000)

(RMB'000)

(Unaudited)

(Unaudited)

Revenue and other income

1,651,270

Total assets

55,929,544

Net profit for the period

264,837

Total liabilities

42,144,090

Shareholders' equity

13,785,454

The above figures are limited solely to Wu Ling Power and do not represent or reflect a full picture of the operation or financial status of the Group. Shareholders and potential investors should exercise caution when dealing in the shares of the Company and should not rely solely on such information.

* English or Chinese translation, as the case may be, is for identification only

By Order of the Board

China Power International Development Limited

He Xi

Chairman

Hong Kong, 30 April 2021

As at the date of this announcement, the directors of the Company are: executive director He Xi, non-executive directors Wang Xianchun and Zhou Jie, and independent non-executive directors Kwong Che Keung, Gordon, Li Fang and Yau Ka Chi.

2

Disclaimer

China Power International Development Ltd. published this content on 30 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 April 2021 10:49:01 UTC.


© Publicnow 2021
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Financials
Sales 2022 40 857 M 6 099 M 6 099 M
Net income 2022 2 695 M 402 M 402 M
Net Debt 2022 127 B 18 951 M 18 951 M
P/E ratio 2022 11,9x
Yield 2022 4,38%
Capitalization 33 471 M 4 996 M 4 996 M
EV / Sales 2022 3,93x
EV / Sales 2023 4,08x
Nbr of Employees 10 724
Free-Float 50,4%
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Technical analysis trends CHINA POWER INTERNATIONAL DEVELOPMENT LIMITED
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 10
Last Close Price 3,09 CNY
Average target price 4,20 CNY
Spread / Average Target 36,1%
EPS Revisions
Managers and Directors
Ping Gao President & Executive Director
Xi He Chairman
Fang Li Independent Non-Executive Director
Ka Chi Yau Independent Non-Executive Director
Hon Chung Hui Independent Non-Executive Director