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Power Assets Holdings Limited

Utilities US HGKGF

6.74USD
-(-%)

Last update at 2024-12-23T20:00:00Z

Day Range

7.157.15
LowHigh

52 Week Range

4.665.66
LowHigh

Fundamentals

  • Previous Close 6.74
  • Market Cap12193.18M
  • Volume1
  • P/E Ratio16.38
  • Dividend Yield6.46%
  • EBITDA1306.00M
  • Revenue TTM1476.00M
  • Revenue Per Share TTM0.69
  • Gross Profit TTM 1285.00M
  • Diluted EPS TTM0.34

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 5838.00M 6272.00M 6200.00M 7174.00M 7690.00M
Minority interest - - - - 0.00000M
Net income 5649.00M 6140.00M 6132.00M 7131.00M 7636.00M
Selling general administrative - - - 168.00M 310.00M
Selling and marketing expenses - - - - -
Gross profit 1265.00M 1276.00M 1270.00M 1348.00M 1554.00M
Reconciled depreciation 3.00M 3.00M 4.00M 2.00M 1.00M
Ebit 5942.00M 6397.00M 6286.00M 7270.00M 7884.00M
Ebitda 5945.00M 6400.00M 6290.00M 7272.00M 7885.00M
Depreciation and amortization 3.00M 3.00M 4.00M 2.00M 1.00M
Non operating income net other - - - - 0.00000M
Operating income 1164.00M 1501.00M 1175.00M 1760.00M 1528.00M
Other operating expenses 159.00M 143.00M 154.00M 170.00M 312.00M
Interest expense 104.00M 125.00M 86.00M 96.00M 194.00M
Tax provision 189.00M 132.00M 68.00M 43.00M 54.00M
Interest income 68.00M 12.00M 56.00M 111.00M 224.00M
Net interest income -36.00000M -113.00000M -30.00000M 15.00M 30.00M
Extraordinary items - - - - 0.00000M
Non recurring - - - - 0.00000M
Other items - - - - 0.00000M
Income tax expense 189.00M 132.00M 68.00M 43.00M 54.00M
Total revenue 1265.00M 1276.00M 1270.00M 1348.00M 1555.00M
Total operating expenses 159.00M 143.00M 154.00M 170.00M 311.00M
Cost of revenue - - - 0.00000M 1.00M
Total other income expense net 4674.00M 4771.00M 5025.00M 5414.00M 6162.00M
Discontinued operations - - - - 0.00000M
Net income from continuing ops 5649.00M 6140.00M 6132.00M 7131.00M 7636.00M
Net income applicable to common shares 5649.00M 6140.00M 6132.00M 7131.00M 7636.00M
Preferred stock and other adjustments - - - - 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 94527.00M 94304.00M 93552.00M 93571.00M 91437.00M
Intangible assets - - - - 0.00000M
Earning assets - - - - -
Other current assets 852.00M 223.00M 226.00M - 86.00M
Total liab 7670.00M 7537.00M 8786.00M 8079.00M 7880.00M
Total stockholder equity 86857.00M 86767.00M 84766.00M 85492.00M 83557.00M
Deferred long term liab - - - - 0.00000M
Other current liab 121.00M 168.00M 367.00M 156.00M 9.00M
Common stock 6610.00M 6610.00M 6610.00M 6610.00M 6610.00M
Capital stock 6610.00M 6610.00M 6610.00M 6610.00M 6610.00M
Retained earnings - 87143.00M 85769.00M 87114.00M 85357.00M
Other liab 395.00M 547.00M 1380.00M 434.00M 291.00M
Good will - - - - 0.00000M
Other assets 1893.00M 1086.00M 821.00M 1295.00M 1426.00M
Cash 5894.00M 4610.00M 5427.00M 4876.00M 5229.00M
Cash and equivalents - - - - -
Total current liabilities 4038.00M 3554.00M 7406.00M 4324.00M 4072.00M
Current deferred revenue - - - - -
Net debt -2655.00000M -1172.00000M -1785.00000M -1552.00000M -1792.00000M
Short term debt 2.00M 2.00M 3642.00M 3.00M 0.00000M
Short long term debt - 0.00000M 3640.00M 3.00M 0.00000M
Short long term debt total 3239.00M 3438.00M 3642.00M 3324.00M 3437.00M
Other stockholder equity 80247.00M 80157.00M 78156.00M 78882.00M 76947.00M
Property plant equipment 18.00M 20.00M 17.00M 19.00M 14.00M
Total current assets 6880.00M 4963.00M 6062.00M 5015.00M 5475.00M
Long term investments - - - 87242.00M 84522.00M
Net tangible assets 86857.00M 86767.00M 84766.00M 85492.00M 83557.00M
Short term investments - - - 1637.00M 87.00M
Net receivables 132.00M 128.00M 406.00M 137.00M 73.00M
Long term debt 3236.00M 3433.00M 0.00000M 3319.00M 3437.00M
Inventory - - - - 0.00000M
Accounts payable 3915.00M 3384.00M 3397.00M 4165.00M 4063.00M
Total permanent equity - - - - 0.00000M
Noncontrolling interest in consolidated entity - - - - 0.00000M
Temporary equity redeemable noncontrolling interests - - - - 0.00000M
Accumulated other comprehensive income - - - - 0.00000M
Additional paid in capital - - - - 0.00000M
Common stock total equity - - - - 0.00000M
Preferred stock total equity - - - - 0.00000M
Retained earnings total equity - - - - 0.00000M
Treasury stock - - - - 0.00000M
Accumulated amortization - - - - 0.00000M
Non currrent assets other 87629.00M 89276.00M 87362.00M 2855.00M 85902.00M
Deferred long term asset charges - - - - 0.00000M
Non current assets total 87647.00M 89341.00M 87490.00M 88556.00M 85962.00M
Capital lease obligations 3.00M 5.00M 2.00M 5.00M 0.00000M
Long term debt total - - - - 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments 4008.00M 1226.00M 1499.00M -1914.00000M -4060.00000M
Change to liabilities 0.00000M -220.00000M -46.00000M 102.00M 1507.00M
Total cashflows from investing activities - 5931.00M 5134.00M 2563.00M 584.00M
Net borrowings - 3.00M -3.00000M -2.00000M -3703.00000M
Total cash from financing activities -6142.00000M -6016.00000M -5979.00000M -5978.00000M -22485.00000M
Change to operating activities - 44.00M -13.00000M 14.00M 32.00M
Net income 5838.00M 6272.00M 6200.00M 7174.00M 7690.00M
Change in cash -1358.00000M 853.00M 149.00M -1990.00000M -19328.00000M
Begin period cash flow 4241.00M 3388.00M 3239.00M 5229.00M 24557.00M
End period cash flow 2883.00M 4241.00M 3388.00M 3239.00M 5229.00M
Total cash from operating activities 772.00M 939.00M 962.00M 1849.00M 2555.00M
Issuance of capital stock - - - - -
Depreciation 3.00M 3.00M 4.00M 2.00M 1.00M
Other cashflows from investing activities - 4705.00M 3637.00M 4477.00M 4645.00M
Dividends paid -6019.00000M -6019.00000M -5976.00000M -5976.00000M 18782.00M
Change to inventory - - - - 0.00000M
Change to account receivables - -53.00000M 13.00M -231.00000M -79.00000M
Sale purchase of stock -121.00000M - - - 0.00000M
Other cashflows from financing activities -2.00000M 3682.00M -3.00000M -2.00000M 584.00M
Change to netincome - -4975.00000M -5128.00000M -5595.00000M -6542.00000M
Capital expenditures 1.00M 0.00000M 2.00M 2.00M 1.00M
Change receivables - - - - 0.00000M
Cash flows other operating - - - - 0.00000M
Exchange rate changes - - - - 0.00000M
Cash and cash equivalents changes - - - - 0.00000M
Change in working capital -503.00000M -229.00000M -46.00000M -20.00000M 1460.00M
Stock based compensation - - - - -
Other non cash items -4566.00000M -5107.00000M -5196.00000M -5307.00000M -6596.00000M
Free cash flow 771.00M 939.00M 960.00M 1849.00M 2554.00M

Peer Comparison

Sector: Utilities Industry: Utilities - Independent Power Producers

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
HGKGF
Power Assets Holdings Limited
- -% 6.74 16.38 14.49 8.26 1.05 9.11 2.00
UNPRF
Uniper SE
- -% 39.59 0.05 4.91 0.28 2.51 0.17 0.52
CGNWF
CGN Power Co. Ltd
- -% 0.20 6.67 6.33 0.22 0.69 0.58 1.26
HUNGF
Huaneng Power International Inc
- -% 0.52 8.83 14.03 0.06 0.43 0.21 2.53
VST
Vistra Energy Corp
2.49 1.77% 143.28 11.25 9.48 0.87 3.84 1.69 6.07

Reports Covered

Stock Research & News

Profile

Power Assets Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. It generates energy from thermal, renewable energy, and waste sources. The company also transmits and distributes oil and gas; and provides trust administration and management services. It has a generation capacity of 948 MW renewable energy/energy from waste, 5,258 MW gas fired, and 3,569 MW coal/oil fired; and operates 114,600 km of gas/oil pipeline, as well as 405,500 km of power network serving 19,457,000 customers. The company was formerly known as Hongkong Electric Holdings Limited and changed its name to Power Assets Holdings Limited in February 2011. Power Assets Holdings Limited was founded in 1889 and is based in Central, Hong Kong.

Power Assets Holdings Limited

Cheung Kong Center, Central, Hong Kong

Key Executives

Name Title Year Born
Mr. Kin Ning Fok B.A., BA, DFM, F.C.A., FCA (ANZ) Chairman 1951
Mr. Chao Chung Tsai BAppScMechEng, BSME, CPEng CEO & Exec. Director 1957
Mr. Andrew John Hunter M.A., M.B.A., MA, MBA, MDBA, MHKICPA, MICAS Exec. Director 1958
Mr. Chi Tin Wan Exec. Director 1950
Mr. Neil Douglas McGee Exec. Director 1951
Mr. Loi Shun Chan FCCA, FCPA Exec. Director 1963
Mr. Kee Ham Chan Chief Financial Officer 1963
Mr. Wai Cheong Ng LLB Group Legal Counsel & Company Sec. 1969

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