Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Huaneng Power InternationalHUNGF 47 Debt-to-Equity is 2.40 as of Mar. 2026, which is 6% above its 10-year median of 2.26. GuruFocus rates HUNGF with a GF Score™ of 47/100 and a GF Value™ of $0.81 (Fairly Valued). The stock has 6 warning signs investors should review. Among 401 Utilities - Independent Power Producers companies, Huaneng Power International ranks worse than 81.8% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Huaneng Power International's Debt-to-Equity or its related term are showing as below:
HUNGF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.77 Med: 2.26 Max: 3.1
Current: 2.4
During the past 13 years, the highest Debt-to-Equity Ratio of Huaneng Power International was 3.10. The lowest was 1.77. And the median was 2.26.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Huaneng Power International Debt-to-Equity Related Terms
Huaneng Power International Debt-to-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Independent Power Producers subindustry, Huaneng Power International's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Huaneng Power International Debt-to-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Huaneng Power International's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Huaneng Power International's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Huaneng Power International (HUNGF) has a Debt-to-Equity of 2.40 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Huaneng Power International and its competitors. This is near median its historical median of 2.26. Over the past decade, Huaneng Power International's Debt-to-Equity has ranged from 1.77 to 3.10. According to the industry distribution chart, Huaneng Power International ranks #328 out of 401 companies in the Utilities - Independent Power Producers industry, placing it in the top 81.8%.
Is Huaneng Power International's Debt-to-Equity too high?
Huaneng Power International's current Debt-to-Equity of 2.40 is near median its 10-year median of 2.26. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 3.10. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.84. Huaneng Power International's value of 2.40 is 185.7% above this industry median. Based on the distribution chart, Huaneng Power International ranks #328 out of 401 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Huaneng Power International has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Huaneng Power International's Debt-to-Equity compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Huaneng Power International ranks #328 out of 401 companies for Debt-to-Equity. This places Huaneng Power International in the lower half of its industry. The industry median Debt-to-Equity is 0.84. Huaneng Power International's value of 2.40 is 185.7% above this benchmark. Historically, Huaneng Power International's own Debt-to-Equity has ranged from 1.77 to 3.10 over the past decade. While the company's 10-year median is 2.26 vs. the industry median of 0.84, Huaneng Power International has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.84, based on 401 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Huaneng Power International's current Debt-to-Equity of 2.40 is 185.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Huaneng Power International and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Huaneng Power International's current Debt-to-Equity is 2.40, which is near median its own 10-year median of 2.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huaneng Power International stock overvalued right now?
Based on GuruFocus' analysis, Huaneng Power International (HUNGF) is currently considered Fairly Valued. The stock's GF Value™ is $0.81, compared to a current price of $0.75 — trading 7.2% below its estimated fair value. The current Debt-to-Equity is 2.40, which is near median its 10-year median of 2.26 and 185.7% above the Utilities - Independent Power Producers industry median of 0.84. Huaneng Power International's overall GF Score™ is 47/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Huaneng Power International (HUNGF), the current Debt-to-Equity is 2.40 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Huaneng Power International (HUNGF) Overvalued in 2026?
Based on GuruFocus' analysis, Huaneng Power International stock appears to be undervalued.
The current stock price of $0.75 is trading 7.2% below its estimated GF Value™ of $0.81.
GuruFocus considers Huaneng Power International to be Fairly Valued.
Key valuation signals for HUNGF:
Debt-to-Equity: 2.40 (near median its 10-year median of 2.26)
GF Value™: $0.81 vs. price of $0.75 (7.2% below fair value)
Industry Position: 185.7% above the Utilities - Independent Power Producers median (#328 of 401)
No single metric tells the full story. See the HUNGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Huaneng Power International Inc and its subsidiaries are mainly engaged in developing, constructing, operating, and managing power plants throughout China. It has a substantial controlled power generation capacity across China, with a meaningful portion of its portfolio comprising low-carbon and clean energy sources. Additionally, the Group owns a power company in Singapore and invests in a power company in Pakistan. The majority of its revenue is generated from the sale of power and heat. Huaneng Power's reportable segments are: PRC power segment, which generates maximum revenue, Overseas power segment, and All other segments (including port and transportation operations). Geographically, it derives maximum revenue from the People's Republic of China (PRC), followed by overseas markets.
47GF Score
Get the complete analysis for HUNGF
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HUNGF has been successfully added to your 
