0836.HK vs. 0991.HK

Last updated Jun 5, 2026

0836.HK (China Resources Power Holding) and 0991.HK (Datang Intl Power Gen Co-H) are both stocks. Both operate in the Utilities - Independent Power Producers industry within the Utilities sector. Over the past 10 years, 0836.HK returned 11.21%/yr vs 8.44%/yr for 0991.HK. A 0.51 correlation means they provide meaningful diversification when combined.

Performance

0836.HK vs. 0991.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in China Resources Power Holding (0836.HK) and Datang Intl Power Gen Co-H (0991.HK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 0836.HK achieves a 24.09% return, which is significantly lower than 0991.HK's 38.46% return. Over the past 10 years, 0836.HK has outperformed 0991.HK with an annualized return of 11.21%, while 0991.HK has yielded a comparatively lower 8.44% annualized return.

0836.HK

• 1D: -1.01%
• 1M: 9.20%
• YTD: 24.09%
• 6M: 14.68%
• 1Y: 8.26%
• 3Y*: 12.30%
• 5Y*: 22.06%
• 10Y*: 11.21%

0991.HK

• 1D: -1.29%
• 1M: 4.44%
• YTD: 38.46%
• 6M: 33.04%
• 1Y: 68.99%
• 3Y*: 27.16%
• 5Y*: 23.03%
• 10Y*: 8.44%

*Multi-year figures are annualized to reflect compound growth (CAGR)

0836.HK vs. 0991.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
0836.HK China Resources Power Holding	24.09%	-3.42%	26.64%	5.71%	-37.82%	229.83%	-18.67%	-24.44%	9.56%	25.24%
0991.HK Datang Intl Power Gen Co-H	38.46%	62.74%	17.63%	-1.05%	-27.84%	92.15%	-27.79%	-14.13%	-16.47%	13.79%

Correlation

The correlation between 0836.HK and 0991.HK is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (10Y) Calculated over the trailing 10-year period	0.57
Correlation (All Time) Calculated using the full available price history since Nov 13, 2003	0.51

The correlation between 0836.HK and 0991.HK shifts across timeframes, from 0.51 (all time) to 0.65 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

0836.HK vs. 0991.HK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

0836.HK

0836.HK Risk / Return Rank: 54
0836.HK Sharpe Ratio Rank: 59
0836.HK Sortino Ratio Rank: 51
0836.HK Omega Ratio Rank: 49
0836.HK Calmar Ratio Rank: 56
0836.HK Martin Ratio Rank: 55

0991.HK

0991.HK Risk / Return Rank: 82
0991.HK Sharpe Ratio Rank: 83
0991.HK Sortino Ratio Rank: 78
0991.HK Omega Ratio Rank: 79
0991.HK Calmar Ratio Rank: 85
0991.HK Martin Ratio Rank: 86

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

0836.HK vs. 0991.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for China Resources Power Holding (0836.HK) and Datang Intl Power Gen Co-H (0991.HK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	0836.HK	0991.HK	Difference
Sharpe ratio: Return per unit of total volatility	0.52	1.58	-1.06
Sortino ratio: Return per unit of downside risk	0.84	2.19	-1.35
Omega ratio: Gain probability vs. loss probability	1.10	1.30	-0.19
Calmar ratio: Return relative to maximum drawdown	0.69	3.38	-2.69
Martin ratio: Return relative to average drawdown	1.28	9.11	-7.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

0836.HK vs. 0991.HK - Sharpe Ratio Comparison

The current 0836.HK Sharpe Ratio is 0.52, which is lower than the 0991.HK Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of 0836.HK and 0991.HK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	0836.HK	0991.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.52	1.58	-1.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.53	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.33	0.23	+0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.14	+0.21

Drawdowns

0836.HK vs. 0991.HK - Drawdown Comparison

The maximum 0836.HK drawdown since its inception was -66.33%, smaller than the maximum 0991.HK drawdown of -84.18%. Use the drawdown chart below to compare losses from any high point for 0836.HK and 0991.HK.

Drawdown Indicators

	0836.HK	0991.HK	Difference
Max Drawdown Largest peak-to-trough decline	-66.33%	-84.18%	+17.85%
Max Drawdown (1Y) Largest decline over 1 year	-15.48%	-21.08%	+5.60%
Max Drawdown (3Y) Largest decline over 3 years	-31.42%	-31.46%	+0.04%
Max Drawdown (5Y) Largest decline over 5 years	-59.61%	-47.09%	-12.52%
Max Drawdown (10Y) Largest decline over 10 years	-59.61%	-63.06%	+3.45%
Current Drawdown Current decline from peak	-9.28%	-33.88%	+24.60%
Average Drawdown Average peak-to-trough decline	-31.43%	-53.36%	+21.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.22%	7.72%	+0.50%

Volatility

0836.HK vs. 0991.HK - Volatility Comparison

The current volatility for China Resources Power Holding (0836.HK) is 7.16%, while Datang Intl Power Gen Co-H (0991.HK) has a volatility of 26.13%. This indicates that 0836.HK experiences smaller price fluctuations and is considered to be less risky than 0991.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	0836.HK	0991.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.16%	26.13%	-18.97%
Volatility (6M) Calculated over the trailing 6-month period	14.26%	36.66%	-22.40%
Volatility (1Y) Calculated over the trailing 1-year period	20.69%	45.09%	-24.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.41%	45.01%	-3.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.09%	37.99%	-2.90%

Dividends

0836.HK vs. 0991.HK - Dividend Comparison

0836.HK's dividend yield for the trailing twelve months is around 4.87%, more than 0991.HK's 4.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0836.HK China Resources Power Holding	4.87%	6.05%	5.52%	7.70%	1.60%	2.51%	6.86%	3.68%	5.81%	6.01%	7.10%	5.31%
0991.HK Datang Intl Power Gen Co-H	4.19%	5.80%	0.57%	2.57%	0.00%	6.21%	7.13%	7.64%	5.90%	0.00%	9.83%	6.99%

Financials

Frequently Asked Questions

Can I hold both 0836.HK and 0991.HK in my portfolio?

0836.HK and 0991.HK have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.