Hong Kong (HSI) Electric Utilities Industry Analysis

Industry Valuation and Performance

Has the Hong Kong Electric Utilities Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 18 Jul 2026	HK$539.0b	HK$112.3b	HK$28.5b	18.3x	18.9x	4.8x
Mon, 15 Jun 2026	HK$508.3b	HK$112.3b	HK$28.5b	17.6x	17.9x	4.5x
Wed, 13 May 2026	HK$554.0b	HK$112.3b	HK$28.5b	18.2x	19.5x	4.9x
Fri, 10 Apr 2026	HK$548.0b	HK$112.3b	HK$28.5b	18x	19.3x	4.9x
Sun, 08 Mar 2026	HK$553.1b	HK$112.6b	HK$28.4b	18.9x	19.5x	4.9x
Tue, 03 Feb 2026	HK$537.3b	HK$114.3b	HK$29.4b	17.4x	18.3x	4.7x
Thu, 01 Jan 2026	HK$496.9b	HK$114.2b	HK$29.4b	16.5x	16.9x	4.4x
Sat, 29 Nov 2025	HK$476.5b	HK$114.1b	HK$29.3b	15.9x	16.2x	4.2x
Mon, 27 Oct 2025	HK$460.7b	HK$114.1b	HK$29.3b	15.3x	15.7x	4x
Wed, 24 Sep 2025	HK$459.0b	HK$114.1b	HK$29.3b	15.2x	15.6x	4x
Fri, 22 Aug 2025	HK$465.1b	HK$113.8b	HK$29.3b	16.8x	15.9x	4.1x
Sun, 20 Jul 2025	HK$462.9b	HK$115.6b	HK$29.5b	16.7x	15.7x	4x
Tue, 17 Jun 2025	HK$463.3b	HK$115.6b	HK$29.5b	16.3x	15.7x	4x
Thu, 15 May 2025	HK$461.7b	HK$115.5b	HK$29.5b	15.9x	15.6x	4x
Sat, 12 Apr 2025	HK$427.2b	HK$115.6b	HK$29.5b	14.7x	14.5x	3.7x
Mon, 10 Mar 2025	HK$465.8b	HK$115.6b	HK$29.4b	16.2x	15.8x	4x
Wed, 05 Feb 2025	HK$452.0b	HK$112.6b	HK$25.2b	17.1x	17.9x	4x
Fri, 03 Jan 2025	HK$466.5b	HK$112.5b	HK$25.2b	18.1x	18.5x	4.1x
Sun, 01 Dec 2024	HK$457.1b	HK$112.6b	HK$25.2b	17.3x	18.1x	4.1x
Tue, 29 Oct 2024	HK$467.4b	HK$112.7b	HK$25.2b	17.7x	18.5x	4.1x
Thu, 26 Sep 2024	HK$480.4b	HK$112.7b	HK$25.2b	17.7x	19.1x	4.3x
Sat, 24 Aug 2024	HK$475.9b	HK$112.2b	HK$25.2b	17.9x	18.9x	4.2x
Mon, 22 Jul 2024	HK$440.6b	HK$112.0b	HK$24.2b	16.3x	18.2x	3.9x
Wed, 19 Jun 2024	HK$408.2b	HK$112.0b	HK$24.2b	14.3x	16.9x	3.6x
Fri, 17 May 2024	HK$433.5b	HK$112.0b	HK$24.2b	15.8x	17.9x	3.9x
Sun, 14 Apr 2024	HK$405.4b	HK$112.0b	HK$24.2b	14.9x	16.7x	3.6x
Tue, 12 Mar 2024	HK$417.7b	HK$112.2b	HK$23.4b	14.5x	17.9x	3.7x
Thu, 08 Feb 2024	HK$428.2b	HK$121.5b	HK$27.5b	14.8x	15.5x	3.5x
Sat, 06 Jan 2024	HK$410.5b	HK$121.5b	HK$27.5b	14.2x	14.9x	3.4x
Mon, 04 Dec 2023	HK$372.0b	HK$121.5b	HK$27.5b	12.8x	13.5x	3.1x
Wed, 01 Nov 2023	HK$355.8b	HK$121.4b	HK$27.5b	12.3x	12.9x	2.9x
Fri, 29 Sep 2023	HK$363.2b	HK$121.4b	HK$27.5b	12.7x	13.2x	3x
Sun, 27 Aug 2023	HK$370.0b	HK$121.0b	HK$27.5b	12.9x	13.4x	3.1x
Tue, 25 Jul 2023	HK$387.7b	HK$124.7b	HK$17.6b	13.8x	22x	3.1x

Current Industry PE

Investors are optimistic on the Hong Kong Electric Utilities industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 18.9x which is higher than its 3-year average PE of 16.8x.

The 3-year average PS ratio of 4.0x is lower than the industry's current PS ratio of 4.8x.

Past Earnings Growth

The earnings for companies in the Electric Utilities industry have grown 17% per year over the last three years.
Meanwhile revenues for these companies have declined 3.4% per year.
This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Hong Kong Utilities industry?


HK Market	0.25%
Utilities	1.95%
Electric Utilities	2.07%
Electric Utilities	2.07%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
1038 CK Infrastructure Holdings	HK$62.25	2.7% +HK$4.2b	18.8%	PE19x
6 Power Assets Holdings	HK$59.80	2.3% +HK$2.9b	19.2%	PE20.4x
2 CLP Holdings	HK$77.70	1.4% +HK$2.8b	17.3%	PE18.8x
2638 HK Electric Investments and HK Electric Investments	HK$6.38	2.1% +HK$1.1b	5.3%	PE17.9x
1671 Tianjin Tianbao Energy	HK$0.74	8.8% +HK$9.6m	-21.3%	PE12.2x

Company

Last Price

Valuation

1038 CK Infrastructure Holdings

HK$62.25

2.7%
+HK$4.2b

18.8%

PE19x

6 Power Assets Holdings

HK$59.80

2.3%
+HK$2.9b

19.2%

PE20.4x

2 CLP Holdings

HK$77.70

1.4%
+HK$2.8b

17.3%

PE18.8x

2638 HK Electric Investments and HK Electric Investments

HK$6.38

2.1%
+HK$1.1b

5.3%

PE17.9x

1671 Tianjin Tianbao Energy

HK$0.74

8.8%
+HK$9.6m

-21.3%

PE12.2x

CK Infrastructure Holdings Limited Announces Appointment of Basilio Scarsella as Non-Executive Director, Effective July 17, 2026

CK Infrastructure Holdings Limited announced that Mr. Basilio Scarsella (also known as Basil Scarsella) is appointed as a Non-executive Director of the Company with effect from July 17, 2026. Mr. Scarsella, aged 70, has been Chief Executive Officer of UK Power Networks Holdings Limited (disposed by CK Group in May 2026) since its establishment in late 2010. Prior to such appointment, Mr. Scarsella held a number of senior positions in the Group's businesses, including Chief Executive Officer of Northern Gas Networks Limited in the United Kingdom from 2005 to 2010, and Chief Executive Officer of SA Power Networks in Australia from 1998 to 2005. Before SA Power Networks was acquired by the Group, he worked in ETSA Utilities and other energy companies in Australia. Mr. Scarsella has a degree in Economics and a Doctor of Science (Honorary). He is a Certified Practising Accountant. Mr. Scarsella was the Chairman of the Energy Networks Association in the United Kingdom from 2014 to 2017. Mr. Scarsella has not held any directorship in any other publicly listed companies, whether in Hong Kong or overseas, during the last three years. Pursuant to the Company's Bye-laws, Mr. Scarsella will hold office until the next annual general meeting of the Company, and will then be eligible for re-election at such meeting. The term of Mr. Scarsella's service as a Non-executive Director of the Company is subject to retirement by rotation and re-election at the annual general meeting of the Company in accordance with the provisions of the Bye-laws of the Company.

Hong Kong (HSI) Electric Utilities Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

CK Infrastructure Holdings Limited Announces Appointment of Basilio Scarsella as Non-Executive Director, Effective July 17, 2026

Tianjin Tianbao Energy Co., Ltd. Announces Cessation of Zhou Shanzhong as Executive Director, Chairman of the Board and Chairman of the Nomination Committee

2: Stable Dividend Timetable And Steady Assumptions Will Guide Forward Expectations

Upcoming dividend of CN¥0.12 per share

Upcoming dividend of HK$2.04 per share

Full year 2025 earnings: EPS and revenues miss analyst expectations