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Power Assets Holdings Ltd - ADR
Previous close
$6.57
Day range
$6.65 - $6.65
Year range
$4.65 - $7.18
Market cap
14.26B USD
Avg Volume
6.56K
Market news
Financials
Income Statement
Revenue
Net income
(HKD) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 244.50M | -34.80% |
Operating expense | — | — |
Net income | 1.50B | 1.59% |
Net profit margin | 614.72 | 55.81% |
Earnings per share | — | — |
EBITDA | 245.00M | -34.75% |
Effective tax rate | 4.08% | — |
Balance Sheet
Total assets
Total liabilities
(HKD) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 1.48B | -62.04% |
Total assets | 93.12B | -2.47% |
Total liabilities | 6.55B | -8.80% |
Total equity | 86.56B | — |
Shares outstanding | 2.13B | — |
Price to book | 0.16 | — |
Return on assets | 0.66% | — |
Return on capital | 0.68% | — |
Cash Flow
Net change in cash
(HKD) | Jun 2024info | Y/Y change |
---|---|---|
Net income | 1.50B | 1.59% |
Cash from operations | 89.50M | -70.80% |
Cash from investing | 1.66B | 34.85% |
Cash from financing | -2.25B | -3.59% |
Net change in cash | -504.50M | 20.74% |
Free cash flow | 128.81M | -38.84% |
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