Huaneng Power International Inc (HUP1) - Net Assets

Latest as of March 2026: €207.01 Billion EUR ≈ $242.01 Billion USD

Based on the latest financial reports, Huaneng Power International Inc (HUP1) has net assets worth €207.01 Billion EUR (≈ $242.01 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€614.70 Billion ≈ $718.65 Billion USD) and total liabilities (€407.69 Billion ≈ $476.63 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore HUP1 current and non-current assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€207.01 Billion
% of Total Assets	33.68%
Annual Growth Rate	9.18%
5-Year Change	59.12%
10-Year Change	107.97%
Growth Volatility	11.92

Huaneng Power International Inc - Net Assets Trend (2013–2025)

This chart illustrates how Huaneng Power International Inc's net assets have evolved over time, based on quarterly financial data. Check Huaneng Power International Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Huaneng Power International Inc (2013–2025)

The table below shows the annual net assets of Huaneng Power International Inc from 2013 to 2025. For live valuation and market cap data, see HUP1 market cap overview.

Year	Net Assets	Change
2025-12-31	€212.52 Billion ≈ $248.46 Billion	+4.66%
2024-12-31	€203.05 Billion ≈ $237.38 Billion	+18.49%
2023-12-31	€171.36 Billion ≈ $200.34 Billion	+35.42%
2022-12-31	€126.54 Billion ≈ $147.94 Billion	-5.25%
2021-12-31	€133.56 Billion ≈ $156.14 Billion	-11.91%
2020-12-31	€151.62 Billion ≈ $177.26 Billion	+16.29%
2019-12-31	€130.38 Billion ≈ $152.43 Billion	+12.28%
2018-12-31	€116.12 Billion ≈ $135.76 Billion	+7.91%
2017-12-31	€107.61 Billion ≈ $125.81 Billion	+5.31%
2016-12-31	€102.19 Billion ≈ $119.47 Billion	+6.51%
2015-12-31	€95.94 Billion ≈ $112.16 Billion	+6.06%
2014-12-31	€90.46 Billion ≈ $105.76 Billion	+22.17%
2013-12-31	€74.04 Billion ≈ $86.57 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Huaneng Power International Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 24.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	€24.01 Billion	16.85%
Other Components	€118.46 Billion	83.15%
Total Equity	€142.47 Billion	100.00%

Huaneng Power International Inc Competitors by Market Cap

The table below lists competitors of Huaneng Power International Inc ranked by their market capitalization.

Company	Market Cap
Simmons First National Corporation NASDAQ:SFNC	$3.15 Billion
Schneider National Inc NYSE:SNDR	$3.15 Billion
Shenzhen Woer Heat-Shrinkable Material Co Ltd SHE:002130	$3.15 Billion
China Communications Construction Company Limited F:CYY	$3.15 Billion
Kesko Oyj HE:KESKOA	$3.15 Billion
Graphic Packaging Holding Company NYSE:GPK	$3.15 Billion
Qingdao Huicheng Environmental Co Ltd SHE:300779	$3.14 Billion
Crescent Energy Co NYSE:CRGY	$3.14 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Huaneng Power International Inc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 137,414,784,587 to 142,468,648,190, a change of 5,053,863,603 (3.7%).
Net income of 14,409,553,809 contributed positively to equity growth.
Dividend payments of 14,840,765,694 reduced retained earnings.
Other factors increased equity by 5,485,075,488.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€14.41 Billion	+10.11%
Dividends Paid	€14.84 Billion	-10.42%
Other Changes	€5.49 Billion	+3.85%
Total Change	€-	3.68%

Book Value vs Market Value Analysis

This analysis compares Huaneng Power International Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.06x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	€5.77	€0.57	x
2018-12-31	€6.02	€0.57	x
2019-12-31	€6.93	€0.57	x
2020-12-31	€8.27	€0.57	x
2021-12-31	€7.20	€0.57	x
2022-12-31	€6.91	€0.57	x
2023-12-31	€8.42	€0.57	x
2024-12-31	€8.75	€0.57	x
2025-12-31	€9.08	€0.57	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Huaneng Power International Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 10.11%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 6.28%
• Asset Turnover: 0.37x
• Equity Multiplier: 4.29x
Recent ROE (10.11%) is above the historical average (5.64%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	17.04%	7.86%	0.51x	4.22x	€4.35 Billion
2014	16.24%	8.70%	0.47x	4.01x	€4.68 Billion
2015	17.36%	10.69%	0.43x	3.77x	€5.85 Billion
2016	9.91%	7.49%	0.36x	3.66x	€-79.87 Million
2017	1.80%	1.04%	0.38x	4.53x	€-7.18 Billion
2018	0.78%	0.43%	0.40x	4.45x	€-8.71 Billion
2019	0.70%	0.44%	0.41x	3.94x	€-10.11 Billion
2020	1.83%	1.40%	0.38x	3.46x	€-10.61 Billion
2021	-9.41%	-5.20%	0.41x	4.43x	€-21.94 Billion
2022	-6.81%	-2.99%	0.49x	4.63x	€-18.24 Billion
2023	6.39%	3.32%	0.47x	4.10x	€-4.77 Billion
2024	7.38%	4.13%	0.42x	4.27x	€-3.61 Billion
2025	10.11%	6.28%	0.37x	4.29x	€162.69 Million

Industry Comparison

This section compares Huaneng Power International Inc's net assets metrics with peer companies in the Utilities - Independent Power Producers industry.

Industry Context

Industry: Utilities - Independent Power Producers
Average net assets among peers: $59,295,275,706
Average return on equity (ROE) among peers: 8.99%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Huaneng Power International Inc (HUP1)	€207.01 Billion	17.04%	1.97x	$3.15 Billion
AHT Syngas Technology NV (3SQ1)	$4.06 Million	17.80%	0.97x	$5.12 Million
KENON HLDGS LTD (76N)	$2.07 Billion	-11.40%	0.98x	$3.32 Billion
CGN Power Co Ltd (94C)	$172.32 Billion	6.29%	1.47x	$3.65 Billion
Datang International Power Generation Co. Ltd (BJI)	$91.39 Billion	3.33%	2.07x	$1.89 Billion
CENTRICA ADR NEW 2004/4 (CENN)	$2.75 Billion	44.00%	8.85x	$11.61 Billion
CHINA RE.PO.HO.UNS.ADR/15 (CRP0)	$100.55 Billion	7.42%	1.82x	$10.01 Billion
Electricity Generating Public Company Limited (ECGF)	$105.23 Billion	-7.97%	1.31x	$36.42K
Fernheizwerk Neukölln Aktiengesellschaft (FHW)	$49.87 Million	12.42%	0.32x	$44.16 Million

About Huaneng Power International Inc

F:HUP1 Germany Utilities - Independent Power Producers

Market Cap

$3.15 Billion

€2.69 Billion EUR

Market Cap Rank

#4666 Global

#802 in Germany

Share Price

€0.57

Change (1 day)

-18.63%

52-Week Range

€0.56 - €0.80

All Time High

€0.80