Power Assets Holdings Limited (HGKGY) Stock

About Power Assets Holdings Limited

Power Assets Holdings Limited functions as an investment holding company, primarily engaged in the generation, transmission, and distribution of electricity. Its operations extend across Hong Kong, the United Kingdom, Australia, mainland China, and other global markets. The company sources its energy from thermal, renewable, and waste materials. Beyond its core electricity business, Power Assets also handles the transmission and distribution of oil and gas. It manages property holdings and financial deposits, in addition to offering a range of services such as consulting, investment, trust administration, and general management. The company boasts substantial infrastructure, with a generation capacity including 1,064 MW from renewable energy/waste, 5,214 MW from gas-fired facilities, and 3,815 MW from coal/oil-fired plants. It further operates 114,200 kilometers of gas and oil pipelines, alongside an extensive power network spanning 402,500 kilometers, collectively serving more than 19.3 million customers. Established in 1889 and headquartered in Central, Hong Kong, the company was previously known as Hongkong Electric Holdings Limited before adopting its current name, Power Assets Holdings Limited, in February 2011.

Power Assets Holdings Limited is headquartered in HK.

Power Assets Holdings Limited (HGKGY) stock trades at $7.69 with a market capitalization of $16.39B. The stock is valued at a price-to-earnings (P/E) ratio of 19.81, price-to-book of 1.36, price-to-sales of 160.45. Over the past 52 weeks the stock has ranged between $5.91 and $8.61, and currently trades 10.7% below its 52-week high. It pays a dividend yielding 6.76%.

On profitability, Power Assets Holdings Limited generates a return on equity (ROE) of 6.94%, return on capital employed of 0.51%, an operating margin of 61.48%, a net profit margin of 808.82%.

In its most recent fiscal year, Power Assets Holdings Limited reported annual revenue of $6.9B, net profit of $6.2B, revenue has compounded at 40.3% a year over the last five years, profit at 0.3% a year.

The balance sheet shows a debt-to-equity ratio of 0.04 — a conservative balance sheet with little leverage risk, a current ratio of 0.60, total assets of $98.3B, $2.5B in cash and equivalents.

HGKGY has an average daily trading volume of 2,809 shares, a beta of 0.63 (less volatile than the overall market).

Official website: www.powerassets.com