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Huadian Power International Corporation (600027) Fair Value & Analysis

Utilities · CN · Market cap 54.8B CNY

HP Huadian Power International Corporation 600027 · SHG
Price¥4.69
Fair Value¥8.87
Upside+89.0%
Quality39/100
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Healthy Growth
Thin margins · 4.8% net margin
Moderate debt · generates free cash flow
4.81% dividend yield
Mixed vs. peers (8/15)
Narrow moat 35/100
Evidence: Medium Range ¥5.70 – ¥11.08 Share as image

Fair value as of: Aug 6, 2026

From 26 valuation models · updated yesterday

Share price +5.4% over the past month.

Below-average quality, screening 89% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (39/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (¥5.70). The market is more pessimistic than our downside scenario.
  • A fairly wide model range (¥5.70 to ¥11.08) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥7.57 ¥2.73 Fair Value ¥8.87 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 6, 2026.

How to read this chart

60‑month range ¥2.73 – ¥7.57 · fair‑value band ¥5.70 – ¥11.08 · the ¥4.69 price screens below the ¥8.87 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 6, 2026.

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Analysis

Huadian Power International Corporation (600027) currently trades at ¥4.69, while our model-based Fair Value estimate is ¥8.87, implying the stock looks roughly 89.0% undervalued today. We read business quality at 39/100 (below-average quality), in the Utilities sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Huadian Power International Corporation generated revenue of 123B CNY at a net margin of 4.8%. Revenue declined 9.4% year over year. It earns a return on equity of 8.5%. Net debt stands at 154B CNY. Fundamentals as of Aug 6, 2026

Our scenario range runs from ¥5.70 (bear case) to ¥11.08 (bull case); at ¥4.69, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 23% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Utilities peers we cover trades at -27% fair-value upside, at 89%, 600027 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF ¥7.60 ¥16.14 ¥30.06 80
Residual Income ¥3.66 ¥4.40 ¥9.05 76
Rev-Margin DCF ¥3.96 ¥9.44 ¥16.24 74
All 26 models by family
DCF Models
FCF DCF ¥7.57 ¥16.52 ¥31.32 38
Owner Earnings ¥2.26 ¥7.31 31
5Y Revenue Exit ¥3.96 ¥9.44 ¥16.58 39
5Y EBITDA Exit ¥10.36 ¥22.14 ¥36.54 41
5Y P/E Exit ¥3.54 ¥8.61 ¥14.12 38
10Y Revenue Exit ¥4.85 ¥10.35 ¥18.15 36
10Y EBITDA Exit ¥9.27 ¥19.46 ¥34.26 37
10Y P/E Exit ¥4.82 ¥9.76 ¥16.17 35
Earnings-Based
Graham-Dodd ¥3.33 ¥13.42 ¥18.26 54
Lynch FV ¥3.35 ¥4.78 ¥6.22 50
PEG = 1.0 ¥3.35 ¥4.78 ¥6.22 46
EPV ¥0.8500 ¥1.84 ¥2.72 59
Dividend Discount
Gordon GGM ¥1.83 ¥3.80 ¥6.02 70
DDM Multi-Stage ¥1.83 ¥3.20 ¥3.98 61
Multiples
P/E Multiple ¥7.35 ¥9.80 ¥12.25 63
P/S Multiple ¥6.25 ¥8.33 ¥10.41 58
P/B Multiple ¥6.25 ¥8.33 ¥10.41 55
EV/EBIT ¥5.99 ¥9.70 ¥13.41 53
EV/EBITDA ¥13.43 ¥19.62 ¥25.81 54
EV/Revenue ¥2.37 ¥5.58 ¥8.80 43
Asset-Based
NCAV (Graham) ¥1.94 ¥2.60 ¥3.89 50
Growth DCF
Growth DCF ¥7.60 ¥16.14 ¥30.06 80
Rev-Margin DCF ¥3.96 ¥9.44 ¥16.24 74
Economic Profit
Residual Income ¥3.66 ¥4.40 ¥9.05 76
ROIC Compounder ¥0.8500 ¥1.84 ¥2.72 72
Growth Earnings
Growth-Adj P/E ¥5.69 ¥8.13 ¥10.57 68

Widest divergence: DCF Models (¥9.76) versus Economic Profit (¥1.84). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 123B CNY
Revenue growth (YoY) -9.4%
Net margin 4.8%
Return on equity 8.5%
Free cash flow 12.8B CNY FY2025
P/E ratio 11.1
More key figures
Operating margin 10.3%
EPS (TTM) ¥0.4600
Dividend yield 4.5%
EPS growth (YoY) -17.6%
Net debt 154B CNY FY2025

Figures from reported company fundamentals · as of Aug 6, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 39/100

Of which business quality 36 · Market factors (momentum, volatility) 44

Profitability 30
Margins and returns on capital today
Quality Growth 57
Are margins and returns improving?
Cashflow 62
Earnings quality: real cash, not paper profit
Fin. Strength 9
Balance sheet, leverage, solvency risk
Investment 72
Disciplined investing over empire-building
Low Volatility 90
Calm price path (market factor)
Momentum 28
Price trend over the last 3–12 months (market factor)
52W Momentum 20
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Huadian Power International Corporation Limited, together with its subsidiaries, engages in the power generation, heat supply, coal sales, and other related businesses in the People's Republic of China.

Full company description

Huadian Power International Corporation Limited, together with its subsidiaries, engages in the power generation, heat supply, coal sales, and other related businesses in the People's Republic of China. The company is involved in the construction and operation of power plants, including large-scale, coal-fired, and gas-fired generator units; and hydropower projects. It also engages in coal production and sales; coal mine machinery equipment and accessories sales; power heat project investment and development; purchase and sale of electricity; power project consulting and engineering services; power construction project management and consulting; investment and asset management; design and development; coal wholesale business; goods and materials sales; machinery and equipment sales; production of electrical equipment; and construction and operation of wharf projects. As of December 31, 2025, the company had 55 controlled power plants with a total installed capacity of approximately 77,924,288 kilowatts (kW), including a total of approximately 54,380 kW through coal-fired power generation, 21,072,708 kW through gas-fired power generation, 2,459 MW through hydropower, and 12,580 kW through self-consumed photovoltaic power generation. The company was formerly known as Shandong International Power Development Co. Ltd. and changed its name to Huadian Power International Corporation Limited in June 2004. Huadian Power International Corporation Limited was incorporated in 1994 and is headquartered in Beijing, the People's Republic of China.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Huadian Power International Corporation reported revenue of ¥126B in FY2025 versus ¥105B in FY2021, a compound +4.8%/yr. Reported net income was ¥6.1B in FY2025.

Growth Quality 73/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
126B CNY
Latest YoY
+11.5%
Avg. growth/yr (3Y)
+5.6%
Avg. growth/yr (5Y)
+6.8%
Avg. growth/yr (25Y)
+12.3%
Revenue +4.8%/yr
FY21 ¥105B
FY22 ¥107B
FY23 ¥117B
FY24 ¥113B
FY25 ¥126B
Net income
FY21 −¥5.0B
FY22 ¥99.8M
FY23 ¥4.5B
FY24 ¥5.7B
FY25 ¥6.1B

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Cite: Fair Value Calculator (2026). "Huadian Power International Corporation Fair Value". https://www.fairvalue-calculator.com/stock/600027

Peer Group

Utilities - Regulated Electric · 155 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 39 · Bottom 25%
Fair Value upside +89% · Top 25%
Return on equity (TTM) 9% · Below median
Return on assets 3% · Below median
Net margin (TTM) 5% · Bottom 25%
Operating margin (TTM) 10% · Below median
Revenue growth -9% · Bottom 25%
Dividend yield (TTM) 4.8% · Top 25%
Debt / equity 1.47× · Higher than 75% of peers

Valuation Multiples vs Utilities - Regulated Electric median · lower = cheaper

P/E (TTM) 10.5× · Cheaper than 75% of peers
P/B 1.14× · Cheaper than median
P/S (TTM) 0.45× · Cheaper than 75% of peers
P/FCF 0.6× · Cheaper than median
EV/EBITDA 4.8× · Cheaper than 75% of peers
PEG 0.11× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 9
FUTURE 0 · sector 32
PAST 34 · sector 39
HEALTH 27 · sector 53
DIVIDEND 96 · sector 56

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Utilities - Regulated Electric stocks, each showing price versus our Fair Value estimate (as of Aug 6, 2026).

Stock Price Fair Value vs Fair Value
NextEra Energy, Inc NEE $88.80 $32.94 -63%
The Southern Company SO $95.61 $61.06 -36%
Duke Energy Corporation DUK $126.11 $97.11 -23%
National Grid plc NGG 61,175 ARS 44,377 ARS -27%
American Electric Power Company AEP $132.50 $79.33 -40%
Dominion Energy, Inc D $70.08 $46.92 -33%
NTPC Limited NTPC ₹341.85 ₹377.16 +10%
CEZ, a. s. CEZ 232.40 PLN 159.33 PLN -31%
Power Grid Corporation POWERGRID ₹283.55 ₹252.77 -11%
China National Nuclear Power Co 601985 ¥8.91 ¥7.69 -14%

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Frequently asked questions

Is Huadian Power International Corporation (600027) overvalued or undervalued?
As of Aug 6, 2026, our model estimates a fair value of ¥8.87 versus a price of ¥4.69, about +89% (undervalued).
What is the fair value of 600027?
Our model-based fair value for Huadian Power International Corporation is ¥8.87 (as of Aug 6, 2026), built from audited fundamentals. The current price is ¥4.69.
What is the quality score of 600027?
Huadian Power International Corporation has a Quality Score of 39/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Huadian Power International Corporation (600027)?
Huadian Power International Corporation reported trailing-twelve-month revenue of about 123B CNY (latest available figure, as of Aug 6, 2026).
What is the net profit margin of 600027?
The net profit margin of Huadian Power International Corporation is about 4.8%, meaning it keeps roughly 4.8% of revenue as net income. Based on the latest reported figures.
Does Huadian Power International Corporation pay a dividend?
Huadian Power International Corporation currently shows a dividend yield of about 4.54% relative to its recent price (as of Aug 6, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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