Citi Reduces NP Forecast for CHINA RES POWER (00836.HK) by 4-10% for 2025-27; Lowers Target Price to $21.5
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 22 2025
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Source: aastocks
Citi's Profit Forecast Adjustment: Citi has lowered its net profit forecast for CHINA RES POWER for the years 2025-27 by 4-10% due to disappointing interim earnings.
Impact of Tariff Reductions: The company's earnings were negatively affected by greater-than-expected reductions in renewable energy tariffs and one-off items.
Target Price Change: Citi reduced the target price for CHINA RES POWER from HKD22.5 to HKD21.5 but maintained a Buy rating, citing stable coal power earnings amid falling coal prices.
Interim Earnings Report: CHINA RES POWER reported a 16% decline in interim net profit to $7.872 billion and cut its interim dividend per share to 35.6 cents.
Analyst Views on 00836
Wall Street analysts forecast 00836 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00836 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 18.210
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Current: 18.210
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
