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Power Assets Holdings Ltd
Previous close
$44.95
Day range
$44.70 - $45.15
Year range
$36.10 - $48.15
Market cap
96.11B HKD
Avg Volume
2.41M
P/E ratio
16.01
Dividend yield
6.25%
Primary exchange
HKG
Market news
Financials
Income Statement
Revenue
Net income
(HKD) | Dec 2023info | Y/Y change |
---|---|---|
Revenue | 232.50M | -26.07% |
Operating expense | 42.00M | 133.33% |
Net income | 1.52B | 9.58% |
Net profit margin | 654.62 | 48.22% |
Earnings per share | — | — |
EBITDA | 190.50M | -35.75% |
Effective tax rate | 4.61% | — |
Balance Sheet
Total assets
Total liabilities
(HKD) | Dec 2023info | Y/Y change |
---|---|---|
Cash and short-term investments | 4.21B | -28.66% |
Total assets | 95.70B | 1.24% |
Total liabilities | 6.95B | -9.39% |
Total equity | 88.75B | — |
Shares outstanding | 2.13B | — |
Price to book | 1.08 | — |
Return on assets | 0.50% | — |
Return on capital | 0.52% | — |
Cash Flow
Net change in cash
(HKD) | Dec 2023info | Y/Y change |
---|---|---|
Net income | 1.52B | 9.58% |
Cash from operations | 262.50M | 11.70% |
Cash from investing | 1.08B | 118.14% |
Cash from financing | -921.00M | -3.02% |
Net change in cash | 423.00M | 366.04% |
Free cash flow | 99.12M | -42.07% |
About
Power Assets Holdings Limited, formerly Hongkong Electric Holdings Limited, is a vertically integrated electric utility company. It is the majority shareholder in the Hongkong Electric Company, having reduced its holding in the company through a series of share sales, the most recent being in June 2015.
The company owns significant holdings in a number of energy providers and networks around the world, in partnership with its parent company Cheung Kong Infrastructure Holdings, which holds a 38.87% stake in the business. Wikipedia
Founded
1890
Website
Employees
13