Power Assets Holdings Limited logo

Power Assets Holdings Limited

Ticker0006.HKVenueHKSESectorUtilitiesPrimary listingBeta0.63

Power Assets Holdings Limited is a Hong Kong SAR China-based company in the Utilities sector with a market capitalisation of $16.4B. The shares trade at 7.2x trailing earnings and are up 10% year to date.

Market cap
$16.4B
P/E (TTM)
7.2x
Dividend yield (TTM)
3.37%
ROE
18.5%

Share price performance

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About Power Assets Holdings Limited

www.powerassets.com

Power Assets Holdings Limited operates as an investment holding company primarily engaged in the generation, transmission, and distribution of electricity across Hong Kong, the United Kingdom, Australia, Mainland China, and other international regions. The company's energy portfolio is diverse, sourcing power from thermal, renewable, and waste materials. Beyond its core electricity business, Power Assets also handles the transmission and distribution of oil and gas, manages property and deposits, and offers various services including consulting, investment, trust administration, and management. Its substantial infrastructure includes a total generation capacity of 1,064 MW from renewable energy/waste, 5,214 MW from gas-fired plants, and 3,815 MW from coal/oil-fired facilities. The company also oversees an extensive network comprising 114,200 km of gas/oil pipelines and 402,500 km of power networks, collectively serving over 19.3 million customers. Established in 1889 and based in Central, Hong Kong, the company was rebranded as Power Assets Holdings Limited in February 2011, having previously been known as Hongkong Electric Holdings Limited.

Profile
Sector
Utilities
Industry
Independent Power Producers
HQ
Hong Kong SAR China
Fiscal year-end
December
Trading currency
HKD
Reporting currency
HKD
Fundamentals updated
2 days ago
Market
Market cap
$16.4B
Shares outstanding
2.1B
P/E (TTM)
7.2x
Dividend yield (TTM)
3.37%
Beta (issuer)
0.63
Revenue (latest FY)
HK$771.0M

Revenue breakdown

Revenue split not available

Snapshot

Ownership

Free float
64.0%
Shares outstanding
2.1B

Holder data is not available for this company yet.

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