HK Electric Investments and HK Electric Investments Limited (HKVTY) Stock

About HK Electric Investments and HK Electric Investments Limited

HK Electric Investments and HK Electric Investments Limited functions as an investment holding entity, primarily dedicated to the generation, transmission, and supply of electricity across Hong Kong Island and Lamma Island. As of December 31, 2021, its power infrastructure boasted a collective installed capacity of 3,617 megawatts, drawing from a diverse portfolio that included six coal-fired units, five oil-fueled gas turbines, three natural gas combined-cycle units, a solar power system, and a single wind turbine. The company also maintains an extensive electrical grid, featuring 6,734 kilometers of transmission and distribution cabling, alongside 4,100 substations and 6,300 transformers. Through this vast network, it delivers power to 584,000 customers, encompassing residential, commercial, and industrial users. This long-standing firm was established in 1889 and is headquartered in Hong Kong.

HK Electric Investments and HK Electric Investments Limited is headquartered in HK.

HK Electric Investments and HK Electric Investments Limited (HKVTY) stock trades at $7.80 with a market capitalization of $6.89B. The stock is valued at a price-to-earnings (P/E) ratio of 18.31, price-to-book of 1.15, price-to-sales of 4.67. Over the past 52 weeks the stock has ranged between $6.25 and $8.23, and currently trades 5.2% below its 52-week high. It pays a dividend yielding 5.26%.

On profitability, HK Electric Investments and HK Electric Investments Limited generates a return on equity (ROE) of 5.56%, return on capital employed of 5.45%, an operating margin of 41.57%, a net profit margin of 22.42%.

Official website: www.hkelectric.com