Analyzing Eco Wave Power Global AB (publ) (NASDAQ:WAVE) & Huaneng Power International (OTCMKTS:HUNGF)

Huaneng Power International (OTCMKTS:HUNGF) and Eco Wave Power Global AB (publ) (NASDAQ:WAVE) are both utilities companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, earnings, analyst recommendations, institutional ownership, profitability, valuation and risk.

Earnings and Valuation

This table compares Huaneng Power International and Eco Wave Power Global AB (publ)”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Huaneng Power International	N/A	N/A	N/A	$0.80	0.92
Eco Wave Power Global AB (publ)	$40,000.00	992.06	-$3.70 million	($0.60)	-11.92

Huaneng Power International has higher earnings, but lower revenue than Eco Wave Power Global AB (publ). Eco Wave Power Global AB (publ) is trading at a lower price-to-earnings ratio than Huaneng Power International, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Huaneng Power International and Eco Wave Power Global AB (publ)’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Huaneng Power International	N/A	N/A	N/A
Eco Wave Power Global AB (publ)	N/A	-58.04%	-40.99%

Institutional and Insider Ownership

6.9% of Huaneng Power International shares are owned by institutional investors. Comparatively, 0.6% of Eco Wave Power Global AB (publ) shares are owned by institutional investors. 31.3% of Eco Wave Power Global AB (publ) shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Analyst Recommendations

This is a breakdown of current ratings and target prices for Huaneng Power International and Eco Wave Power Global AB (publ), as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Huaneng Power International	0	0	0	0	0.00
Eco Wave Power Global AB (publ)	1	0	0	0	1.00

Summary

Huaneng Power International beats Eco Wave Power Global AB (publ) on 5 of the 8 factors compared between the two stocks.

About Huaneng Power International

Huaneng Power International, Inc., together with its subsidiaries, generates and sells electric power to the regional or provincial grid companies in the People's Republic of China and internationally. It develops, constructs, operates, and manages power plants and related projects. The company generates power from gas turbine, hydro, wind, photovoltaic, coal-fired, and biomass resources. It is also involved in the sale of coal ash and lime; cargo loading and storage; port, warehousing, and conveying activities; and provision of thermal energy and cold energy services, as well as thermal heating services. In addition, the company engages in the repair and maintenance of power equipment; supply of steam and hot water; plumbing pipe installation and repair; and energy engineering construction activities. Further, it involved in the provision of transportation services; construction and operation of electricity distribution networks and heating pipe networks; energy supply, energy transmission, and substation project contracting activities; cargo handling and transportation; and port management, investment, and development activities. Additionally, the company engages in the management of industrial water and waste, as well as provides environment engineering, and information technology and management consulting services.It also sells raw and processed coal; and offers central heat and desalinated water services. As of December 31, 2022, the company had a controlled installed capacity of 127,228 megawatts and low carbon clean energy installed capacity of 33,171 MW. Huaneng Power International, Inc. was incorporated in 1994 and is based in Beijing, the People's Republic of China.

About Eco Wave Power Global AB (publ)

Eco Wave Power Global AB (publ), a wave energy company, engages in the development of a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. The company also holds various agreements comprising power purchase agreements, concession agreements, and other agreements worldwide with pipeline of projects with approximately 404.7 megawatts. It has operations in the United States, Sweden, Israel, the British Overseas Territory of Gibraltar, Greece, Portugal, China, Australia, and internationally. The company was formerly known as EWPG Holding AB (publ) and changed its name to Eco Wave Power Global AB (publ) in June 2021. Eco Wave Power Global AB (publ) was founded in 2011 and is headquartered in Tel Aviv-Yafo, Israel.