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CLP Holdings LimitedSEHK:2 Stock Report

Market Cap HK$198.3b
Updated 1m ago
Share Price
n/a
1Y18.9%
7D1.4%
1D-0.3%
Portfolio Value
​
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CLP Holdings Limited

SEHK:2 Stock Report

Market Cap: HK$198.3b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

CLP Holdings (2) Stock Overview

An investment holding company, engages in the generation, retail, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Thailand, Taiwan, and Australia. More details

2 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends4/6

Risk Analysis

Dividend of 4.09% is not well covered by free cash flows

Has a high level of debt


2 Community Fair Values

Create Narrative

See what 9 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
1.6% undervalued intrinsic discount
AnalystConsensusTarget
•1mo ago

Hong Kong Grid Upgrades And Asia Renewables Will Drive Progress

91
0
6

Top Analyst Narratives

2 logo
CLP Holdings
1.6% undervalued intrinsic discount

Hong Kong Grid Upgrades And Asia Renewables Will Drive Progress

View narrative
AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 7 Aug
Read Narrative
View all narratives

CLP Holdings Limited Competitors

CK Infrastructure Holdings

Symbol: SEHK:1038
Market cap: HK$167.1b

Power Assets Holdings

Symbol: SEHK:6
Market cap: HK$130.4b

HK Electric Investments and HK Electric Investments

Symbol: SEHK:2638
Market cap: HK$55.8b

CGN Power

Symbol: SEHK:1816
Market cap: HK$233.3b

Price History & Performance

Summary of share price highs, lows and changes for CLP Holdings
Historical stock prices
Current Share PriceHK$78.25
52 Week HighHK$79.80
52 Week LowHK$64.30
Beta0.56
1 Month Change-0.89%
3 Month Change6.17%
1 Year Change18.92%
3 Year Change33.42%
5 Year Change3.99%
Change since IPO133.00%

Recent News & Updates

User avatar
Narrative Update • Aug 07

2: Dividend Timetable And Revised Assumptions Will Shape Forward Expectations

Analysts have raised their price target for CLP Holdings to HK$79.49 from HK$77.35, citing updated assumptions on fair value, discount rate, revenue growth and profit margin, as well as a slightly higher future P/E estimate. What's in the News CLP Holdings has scheduled a board meeting on 6 August 2026 to consider the interim results for the six months ended 30 June 2026 and the declaration of the second interim dividend for 2026.
User avatar
Narrative Update • Jun 22

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

Analysts have kept their CLP Holdings price target broadly unchanged at around HK$77.35, citing stable assumptions for the discount rate, revenue growth, profit margin and future P/E in their updated models. What's in the News CLP Holdings declared a first interim dividend of HK$0.63 per share for the year ending 31 December 2026, with an ex dividend date of 2 June 2026, a record date of 4 June 2026, and a payment date of 15 June 2026.

Recent updates

User avatar
Narrative Update • Aug 07

2: Dividend Timetable And Revised Assumptions Will Shape Forward Expectations

Analysts have raised their price target for CLP Holdings to HK$79.49 from HK$77.35, citing updated assumptions on fair value, discount rate, revenue growth and profit margin, as well as a slightly higher future P/E estimate. What's in the News CLP Holdings has scheduled a board meeting on 6 August 2026 to consider the interim results for the six months ended 30 June 2026 and the declaration of the second interim dividend for 2026.
User avatar
Narrative Update • Jun 22

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

Analysts have kept their CLP Holdings price target broadly unchanged at around HK$77.35, citing stable assumptions for the discount rate, revenue growth, profit margin and future P/E in their updated models. What's in the News CLP Holdings declared a first interim dividend of HK$0.63 per share for the year ending 31 December 2026, with an ex dividend date of 2 June 2026, a record date of 4 June 2026, and a payment date of 15 June 2026.
User avatar
Narrative Update • Jun 05

2: Stable Dividend Timetable And Fine Tuned Assumptions Will Shape Forward Expectations

Analysts have raised their CLP Holdings price target by HK$1.00 to HK$77.35, citing updated assumptions on revenue growth, profit margin and future P/E that slightly adjust their fair value view. What's in the News HSBC Research reiterated its Buy rating on CLP Holdings and maintained a target price of HK$85 after first quarter operating metrics were reported in line with expectations, highlighting stable performance in Hong Kong, Australia and mainland China operations.
User avatar
Narrative Update • May 12

2: Dividend Timetable And Fine Tuned Assumptions Will Guide Forward Expectations

Analysts have maintained their HK$76.35 fair value estimate for CLP Holdings, making only slight adjustments to assumptions such as the discount rate and future P/E. This reflects a fine tuning of their price target rationale rather than a major shift in view.
User avatar
Narrative Update • Apr 28

2: Stable Dividend Schedule And Unchanged Assumptions Will Shape Forward Outlook

Analysts have kept their price target for CLP Holdings unchanged at HK$76.35, reflecting stable views on its fair value, discount rate, revenue growth outlook, profit margin assumptions, and future P/E expectations. What's in the News CLP Holdings declared an ordinary fourth interim dividend for the year ended 31 December 2025 of HK$1.31 per share, with an ex dividend date of 11 March 2026, record date of 13 March 2026, and payment date of 24 March 2026 (Key Developments).
User avatar
Narrative Update • Apr 12

2: Dividend Timeline And Unchanged Assumptions Will Guide Measured Forward Outlook

Analysts have kept their HK$76.35 fair value estimate for CLP Holdings unchanged, reflecting consistent assumptions on revenue growth, profit margin and future P/E. They see no new information to warrant a different price target right now.
User avatar
Narrative Update • Mar 28

2: Dividend Schedule And Stable Assumptions Will Shape Measured Forward Outlook

Analysts have slightly lifted their price target for CLP Holdings to HK$76.35 from HK$75.71, reflecting updated fair value and P/E assumptions while keeping core inputs like the discount rate and growth outlook broadly consistent. What's in the News CLP Holdings declared an ordinary fourth interim dividend for the year ended 31 December 2025 of HK$1.31 per share, giving investors visibility on the next scheduled payout (Key Developments).
User avatar
Narrative Update • Mar 13

2: Dividend Timing And Modest Assumption Shifts Will Shape Balanced Outlook

Analysts have adjusted their price target on CLP Holdings slightly higher to around HK$75.71 from about HK$73.46, reflecting updated assumptions on fair value, revenue, profit margins and future P/E expectations. What's in the News CLP Holdings declared an ordinary fourth interim dividend for the year ended 31 December 2025 of HK$1.31 per share, with an ex dividend date on 11 March 2026, a record date on 13 March 2026, and payment scheduled for 24 March 2026 (Key Developments).
User avatar
Narrative Update • Feb 26

2: Board Meeting And Dividend Review Will Shape Balanced Outlook

Analysts have raised their price target for CLP Holdings from HK$71.96 to about HK$73.46, reflecting updated assumptions around discount rates, expected revenue trends, profit margins and future P/E levels. What's in the News CLP Holdings has scheduled a board meeting for February 26, 2026 to consider and approve the announcement of annual results for the year ended December 31, 2025 for publication (Key Developments).
Analysis Article • Feb 04

Earnings Not Telling The Story For CLP Holdings Limited (HKG:2)

With a price-to-earnings (or "P/E") ratio of 16.6x CLP Holdings Limited ( HKG:2 ) may be sending bearish signals at the...
Analysis Article • Jan 19

Do CLP Holdings' (HKG:2) Earnings Warrant Your Attention?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article • Dec 29

Is CLP Holdings (HKG:2) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Nov 27

Calculating The Intrinsic Value Of CLP Holdings Limited (HKG:2)

Key Insights Using the 2 Stage Free Cash Flow to Equity, CLP Holdings fair value estimate is HK$83.62 With HK$68.05...
Analysis Article • Nov 12

Here's What To Make Of CLP Holdings' (HKG:2) Decelerating Rates Of Return

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article • Oct 28

CLP Holdings (HKG:2) Will Pay A Dividend Of HK$0.63

The board of CLP Holdings Limited ( HKG:2 ) has announced that it will pay a dividend of HK$0.63 per share on the 15th...
Analysis Article • Oct 17

There's Reason For Concern Over CLP Holdings Limited's (HKG:2) Price

With a median price-to-earnings (or "P/E") ratio of close to 13x in Hong Kong, you could be forgiven for feeling...
Analysis Article • Sep 28

We Think CLP Holdings (HKG:2) Is Taking Some Risk With Its Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
User avatar
New Narrative • Mar 02

Investments In Clean Energy Projects In China And Australia Will Improve Future Efficiency

Significant investments in renewable energy and infrastructure upgrades are expected to drive growth and stabilize earnings amid market volatility.

Shareholder Returns

2HK Electric UtilitiesHK Market
7D1.4%1.6%-2.9%
1Y18.9%19.0%-6.2%

Return vs Industry: 2 matched the Hong Kong Electric Utilities industry which returned 19% over the past year.

Return vs Market: 2 exceeded the Hong Kong Market which returned -6.2% over the past year.

Price Volatility

Is 2's price volatile compared to industry and market?
2 volatility
2 Average Weekly Movement1.8%
Electric Utilities Industry Average Movement2.4%
Market Average Movement7.6%
10% most volatile stocks in HK Market15.1%
10% least volatile stocks in HK Market3.6%

Stable Share Price: 2 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 2's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19018,437Tung Keung Chiangwww.clpgroup.com

CLP Holdings Limited, an investment holding company, engages in the generation, retail, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Thailand, Taiwan, and Australia. The company generates electricity through coal, gas, nuclear, and renewable resources, such as wind, hydro, and solar. It is also involved in the provision of pumped storage services, energy and infrastructure solutions, and property investment activities, as well as retail of electricity and gas.

CLP Holdings Limited Fundamentals Summary

How do CLP Holdings's earnings and revenue compare to its market cap?
2 fundamental statistics
Market capHK$198.33b
Earnings (TTM)HK$10.84b
Revenue (TTM)HK$88.02b
18.2x
P/E Ratio
2.2x
P/S Ratio

Is 2 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2 income statement (TTM)
RevenueHK$88.02b
Cost of RevenueHK$57.39b
Gross ProfitHK$30.63b
Other ExpensesHK$19.79b
EarningsHK$10.84b

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

Oct 12, 2026

Earnings per share (EPS)4.29
Gross Margin34.80%
Net Profit Margin12.32%
Debt/Equity Ratio55.7%

How did 2 perform over the long term?

See historical performance and comparison

Dividends

4.1%
Current Dividend Yield
75%
Payout Ratio

Does 2 pay a reliable dividends?

See 2 dividend history and benchmarks
When do you need to buy 2 by to receive an upcoming dividend?
CLP Holdings dividend dates
Ex Dividend DateSep 02 2026
Dividend Pay DateSep 15 2026
Days until Ex dividend12 days
Days until Dividend pay date1 day

Does 2 pay a reliable dividends?

See 2 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/14 09:22
End of Day Share Price 2026/09/14 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CLP Holdings Limited is covered by 23 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael ParkerBernstein
Cissy GuanBofA Global Research
Tao ZengChina International Capital Corporation Limited

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