Huaneng Renewables (HKSE:00958) Other Income (Minority Interest) : HK$-54 Mil (TTM As of Jun. 2019)

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What is Huaneng Renewables Other Income (Minority Interest)?

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary. Huaneng Renewables's Other Income (Minority Interest) for the six months ended in Jun. 2019 was HK$-65 Mil. Its Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Jun. 2019 was HK$-54 Mil.

Huaneng Renewables Other Income (Minority Interest) Historical Data

The historical data trend for Huaneng Renewables's Other Income (Minority Interest) can be seen below:

* 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.

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Huaneng Renewables Other Income (Minority Interest) Chart

Huaneng Renewables Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Other Income (Minority Interest)

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-32.25

-47.64

-55.11

-58.76

-47.78

Huaneng Renewables Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Other Income (Minority Interest)	Get a 7-Day Free Trial														-57.65	0.86	-62.24	10.46	-64.59

Huaneng Renewables Other Income (Minority Interest) Calculation

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary.

Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Jun. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-54 Mil.

Huaneng Renewables (HKSE:00958) Other Income (Minority Interest) Explanation

Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company. It is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Huaneng Renewables (HKSE:00958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Huaneng Renewables Corp Ltd (HKSE:00958) » Definitions » Other Income (Minority Interest)

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 23A Fuxing Road, 10-11 Floor, Haidian District, Beijing, CHN

Website

http://www.hnr.com.cn

Huaneng Renewables Corp Ltd is a Chinese electric utility of which the China Huaneng Group, one of the largest state-owned electric utility companies in China, owns a majority stake. Huaneng Renewables invests in, constructs, acquires, and operates renewable energy projects throughout China. Primarily, these projects take the form of onshore and offshore wind farms in northern China and solar power generating facilities in central China. The company generates the vast majority of its revenue by selling electricity produced at its alternative energy projects. Most of the energy generated by the firm comes from its wind power plants, while its solar power plants also produce a substantial amount.

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