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china datang corp renewabl-h (1798) Details

China Datang Corporation Renewable Power Co., Limited, together with its subsidiaries, generates and sells wind and other renewable power in the People’s Republic of China. It also develops, invests, constructs, and manages wind power; and other renewable energy sources, including solar power, biomass, and coal bed methane. As of December 31, 2014, the company had 6,038 megawatt (MW) of installed capacity, including 5,916 MW of wind power installed capacity, 117 MW of solar energy installed capacity, and 5 MW installed capacity of other clean energy. It is also involved in the research and development, application, and promotion of low carbon technology; research, sale, testing, and maintenance of renewable energy-related equipment; engineering; import and export of renewable energy equipment and technologies; design, construction and installation, repair and maintenance of domestic and international power projects; foreign investments; provision of renewable energy-related consulting services; and leasing of property. The company was formerly known as Datang Chifeng Saihanba Wind Power Generation Co., Ltd. and changed its name to China Datang Corporation Renewable Power Co., Limited in March 2009. China Datang Corporation Renewable Power Co., Limited was founded in 2004 and is headquartered in Beijing, the People’s Republic of China. China Datang Corporation Renewable Power Co., Limited is a subsidiary of China Datang Corporation.

3,847 Employees
Last Reported Date: 04/27/15
Founded in 2004

china datang corp renewabl-h (1798) Top Compensated Officers

Vice President, Executive Director and Member...
Total Annual Compensation: CNY584.0K
Compensation as of Fiscal Year 2014.

china datang corp renewabl-h (1798) Key Developments

China Datang Corporation Renewable Power Co., Limited. Reports Unaudited Consolidated and Parent Earnings Results for the Month and First Quarter Ended March 31, 2015

China Datang Corporation Renewable Power Co., Limited. reported unaudited consolidated and parent earnings results for the month and first quarter ended March 31, 2015. For the month, on the consolidated basis, the company reported total operating revenue of RMB 520,186,021.25, operating profit of RMB 62,628,739.48, net profit of RMB 56,575,988.15 and net profits for the owner of parent company of RMB 53 41,658,205.36. For the quarter, on the consolidated basis, the company reported total operating revenue of RMB 1,367,123,901.11 against RMB 1,233,178,455.64 a year ago. Operating profit was RMB 37,042,383.25 against operating loss of RMB 62,353,616.12 a year ago. Profit attributable to owners of the company was RMB 12,375,996.17 against profit attributable to owners of the company of RMB 59,382,959.64 a year ago. Net cash flow generated from operating activities was RMB 1,178,441,766.65 against RMB 725,384,331.30 a year ago. Cash paid for acquisition of fixed assets, intangible assets and other long-term assets was RMB 882,286,310.34 against RMB 888,905,918.75 a year ago. For the month, on the parent basis, the company reported total operating revenue of RMB 8,686,410.26, operating profit of RMB 910,268.00, and net profits for the owner of parent company of RMB 24,944,805.22. For the quarter, on the parent basis, the company reported total operating revenue of RMB 14,811,025.64 against RMB 13,818,666.67 a year ago. Operating profit was RMB 1,833,800.00. Loss attributable to owners of the company was RMB 85,649,391.71 against RMB 88,882,375.36 a year ago. Net cash flow generated from operating activities was RMB 69,912,078.79 against RMB cash outflows from operating activities of 9,775,274.44 a year ago. Cash paid for acquisition of fixed assets, intangible assets and other long-term assets was RMB 1,439,043.00 against RMB 1,146,923.08 a year ago.

Corporation Renewable Power Co., Limited. Recommends No Distribution for the Year Ended December 31, 2014; Reports Audited Consolidated Earnings Results for the Full Year Ended December 31, 2014

The Board of China Datang Corporation Renewable Power Co., Limited. did not recommend distribution of any dividend for the year ended December 31, 2014 against RMB 21.8 million or RMB 0.003 per share paid in 2013. The company reported audited consolidated earnings results for the full year ended December 31, 2014. For the year, the company reported revenue of RMB 5,185,960,000 compared to RMB 5,630,285,000 a year ago. Operating profit was RMB 2,123,677,000 compared to RMB 2,457,986,000 a year ago. Loss before taxation was RMB 61,662,000 compared to profit before taxation of RMB 360,439,000 a year ago. Loss attributable to equity holders of the company was RMB 150,115,000 or RMB 0.0206 per basic and dilutes share compared to profit attributable to equity holders of the company of RMB 236,500,000 or RMB 0.0325 per basic and dilutes share a year ago. The Group's revenue decreased by 7.89%, primarily due to the decrease in electricity sales revenue. The Group's capital expenditure increased by 47.36% to RMB 5,614.26 million in 2014 compared to RMB 3,809.86 million in 2013. Capital expenditure mainly comprises construction costs including acquisition or construction of property, plant and equipment, land use rights and intangible assets.

China Datang Corporation Renewable Power Co., Limited. Announces Board Changes

China Datang Corporation Renewable Power Co., Limited. announced that due to work re-posting, Mr. Hu Yongsheng has resigned as an executive Director and chairman of the Strategic Committee of the Board (Strategic Committee). Zhang Chunlei, an executive Director, has been appointed as chairman of Strategic Committee from a member of Strategic Committee; both with effect from March 27, 2015.

 

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