CLP Holdings Limited

SEHK:2 Stock Report

Market Cap: HK$196.6b

CLP Holdings Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Tung Keung Chiang

Chief executive officer

HK$23.9m

Total compensation

CEO salary percentage41.84%
CEO tenure2.8yrs
CEO ownershipn/a
Management average tenure3.5yrs
Board average tenure4.8yrs

Recent management updates

Recent updates

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.
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.
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.
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).
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.
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).
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).
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...
Analysis Article Aug 06

CLP Holdings (HKG:2) Is Due To Pay A Dividend Of HK$0.63

CLP Holdings Limited ( HKG:2 ) has announced that it will pay a dividend of HK$0.63 per share on the 15th of September...
Analysis Article Aug 05

Is CLP Holdings Limited (HKG:2) Trading At A 28% Discount?

SEHK:2 1 Year Share Price vs Fair Value Explore CLP Holdings's Fair Values from the Community and select yours Key...
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.

CEO Compensation Analysis

How has Tung Keung Chiang's remuneration changed compared to CLP Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025HK$24mHK$10m

HK$10b

Sep 30 2025n/an/a

HK$11b

Jun 30 2025n/an/a

HK$11b

Mar 31 2025n/an/a

HK$12b

Dec 31 2024HK$24mHK$10m

HK$12b

Sep 30 2024n/an/a

HK$10b

Jun 30 2024n/an/a

HK$8b

Mar 31 2024n/an/a

HK$7b

Dec 31 2023HK$13mHK$5m

HK$7b

Sep 30 2023n/an/a

HK$9b

Jun 30 2023n/an/a

HK$11b

Mar 31 2023n/an/a

HK$6b

Dec 31 2022HK$16mHK$6m

HK$924m

Sep 30 2022n/an/a

-HK$27m

Jun 30 2022n/an/a

-HK$979m

Mar 31 2022n/an/a

HK$4b

Dec 31 2021HK$16mHK$6m

HK$8b

Sep 30 2021n/an/a

HK$9b

Jun 30 2021n/an/a

HK$10b

Mar 31 2021n/an/a

HK$11b

Dec 31 2020HK$14mHK$6m

HK$11b

Sep 30 2020n/an/a

HK$12b

Jun 30 2020n/an/a

HK$12b

Mar 31 2020n/an/a

HK$8b

Dec 31 2019HK$14mHK$5m

HK$5b

Compensation vs Market: Tung Keung's total compensation ($USD3.05M) is above average for companies of similar size in the Hong Kong market ($USD1.08M).

Compensation vs Earnings: Tung Keung's compensation has been consistent with company performance over the past year.


CEO

Tung Keung Chiang (59 yo)

2.8yrs
Tenure
HK$23,900,000
Compensation

Mr. Tung Keung Chiang, BSc (Eng.), MSc, MBA, MHKIE, CEng, MIET, serves as Chief Executive Officer & Executive Director of CLP Holdings Limited since October 01, 2023. He served as Managing Director of CLP...


Leadership Team

NamePositionTenureCompensationOwnership
Tung Keung Chiang
CEO & Executive Director2.8yrsHK$23.90mno data
Alexandre Jean Keisser
Chief Financial Officer2.3yrsHK$15.90mno data
David John Simmonds
Chief Strategy12.8yrsHK$16.70mno data
Mark Richard Collette
Managing Director of Energy Australia5yrsHK$13.20mno data
Tao Roger Chen
Managing Director of China?3.5yrsHK$10.30mno data
Ka Chun Law
Managing Director of CLP Power Hong Kong?3.1yrsHK$13.90mno data
Carlo Franciscus Christina Mathias Maria Wolters
Chief Operating Officerless than a yearno datano data
Marissa Wong
Director of Investor Relationsno datano datano data
Wai Yan Chong
Chief Corporate Development Officer13.8yrsHK$14.80mno data
Eileen Burnett-Kant
Chief Human Resources Officer6.8yrsHK$10.60mno data
Rajiv Ranjan Mishra
Managing Director of Apraava Energy21yrsHK$10.70mno data
Andre Urban Blumberg
Chief Digital Officer2.5yrsno datano data
3.5yrs
Average Tenure
56yo
Average Age

Experienced Management: 2's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tung Keung Chiang
CEO & Executive Director2.8yrsHK$23.90mno data
Michael David Kadoorie
Non-Executive Chairman28.8yrsHK$958.02k0.051%
HK$ 101.1m
Andrew Clifford Winawer Brandler
Non-Executive Vice-Chairman26.2yrsHK$1.49m0.00042%
HK$ 825.5k
So Siu Mai Yuen
Non-Executive Director3.5yrsHK$1.09mno data
Charnwut Chan
Independent Non-Executive Director3.8yrsHK$777.71kno data
Yun Chi Kung Yeung
Independent Non-executive Director1.8yrsHK$1.51m0.00013%
HK$ 255.5k
Xiaojun Wang
Independent Non-Executive Director3.2yrsHK$1.30mno data
Nicholas Charles Allen
Independent Non-Executive Director17.2yrsHK$1.90m0.0016%
HK$ 3.2m
Siew Boi Tan
Independent Non-Executive Director7.9yrsHK$2.07m0.00079%
HK$ 1.6m
Chunyuan Gu
Independent Non-Executive Director5.8yrsHK$1.86mno data
Philip Lawrence Kadoorie
Non-Executive Director7.9yrsHK$1.10mno data
Diego Alejandro Gonzalez Morales
Non-Executive Director2.3yrsHK$981.37kno data
4.8yrs
Average Tenure
65.5yo
Average Age

Experienced Board: 2's board of directors are considered experienced (4.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/29 12:56
End of Day Share Price 2026/07/29 00:00
Earnings2025/12/31
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
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 world class team 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. 9 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