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HK Electric Investments and HK Electric Investments SEHK:2638 Stock Report

Last Price

HK$5.24

Market Cap

HK$46.3b

7D

-0.2%

1Y

13.2%

Updated

21 Dec, 2024

Data

Company Financials +

HK Electric Investments and HK Electric Investments Limited

SEHK:2638 Stock Report

Market Cap: HK$46.3b

2638 Stock Overview

An investment holding company, engages in the generation, transmission, distribution, and supply of electricity in Hong Kong Island and Lamma Island. More details

2638 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance2/6
Financial Health1/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

HK Electric Investments and HK Electric Investments Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for HK Electric Investments and HK Electric Investments
Historical stock prices
Current Share PriceHK$5.24
52 Week HighHK$5.49
52 Week LowHK$4.53
Beta0.41
1 Month Change0%
3 Month Change-2.96%
1 Year Change13.17%
3 Year Change-32.12%
5 Year Change-33.16%
Change since IPO-1.87%

Recent News & Updates

Recent updates

Slowing Rates Of Return At HK Electric Investments and HK Electric Investments (HKG:2638) Leave Little Room For Excitement

Dec 12
Slowing Rates Of Return At HK Electric Investments and HK Electric Investments (HKG:2638) Leave Little Room For Excitement

HK Electric Investments and HK Electric Investments Limited's (HKG:2638) Shareholders Might Be Looking For Exit

Nov 06
HK Electric Investments and HK Electric Investments Limited's (HKG:2638) Shareholders Might Be Looking For Exit

Here's Why HK Electric Investments and HK Electric Investments (HKG:2638) Has A Meaningful Debt Burden

Oct 15
Here's Why HK Electric Investments and HK Electric Investments (HKG:2638) Has A Meaningful Debt Burden

HK Electric Investments and HK Electric Investments (HKG:2638) Has Announced A Dividend Of HK$0.1594

Aug 17
HK Electric Investments and HK Electric Investments (HKG:2638) Has Announced A Dividend Of HK$0.1594

Risks To Shareholder Returns Are Elevated At These Prices For HK Electric Investments and HK Electric Investments Limited (HKG:2638)

Jul 19
Risks To Shareholder Returns Are Elevated At These Prices For HK Electric Investments and HK Electric Investments Limited (HKG:2638)

HK Electric Investments and HK Electric Investments (HKG:2638) Has More To Do To Multiply In Value Going Forward

Jun 28
HK Electric Investments and HK Electric Investments (HKG:2638) Has More To Do To Multiply In Value Going Forward

Calculating The Intrinsic Value Of HK Electric Investments and HK Electric Investments Limited (HKG:2638)

May 09
Calculating The Intrinsic Value Of HK Electric Investments and HK Electric Investments Limited (HKG:2638)

Investors Met With Slowing Returns on Capital At HK Electric Investments and HK Electric Investments (HKG:2638)

Mar 05
Investors Met With Slowing Returns on Capital At HK Electric Investments and HK Electric Investments (HKG:2638)

Earnings Not Telling The Story For HK Electric Investments and HK Electric Investments Limited (HKG:2638)

Jan 29
Earnings Not Telling The Story For HK Electric Investments and HK Electric Investments Limited (HKG:2638)

Calculating The Intrinsic Value Of HK Electric Investments and HK Electric Investments Limited (HKG:2638)

Jan 05
Calculating The Intrinsic Value Of HK Electric Investments and HK Electric Investments Limited (HKG:2638)

Shareholder Returns

2638HK Electric UtilitiesHK Market
7D-0.2%0.7%-0.5%
1Y13.2%12.8%19.9%

Return vs Industry: 2638 matched the Hong Kong Electric Utilities industry which returned 12.8% over the past year.

Return vs Market: 2638 underperformed the Hong Kong Market which returned 19.9% over the past year.

Price Volatility

Is 2638's price volatile compared to industry and market?
2638 volatility
2638 Average Weekly Movement1.3%
Electric Utilities Industry Average Movement2.5%
Market Average Movement8.8%
10% most volatile stocks in HK Market18.6%
10% least volatile stocks in HK Market4.1%

Stable Share Price: 2638 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 2638's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18891,649Francis Chengwww.hkelectric.com

HK Electric Investments and HK Electric Investments Limited, an investment holding company, engages in the generation, transmission, distribution, and supply of electricity in Hong Kong Island and Lamma Island. As of December 31, 2023, the company operated 5 coal-fired units, 5 oil-fired gas turbine units, 3 gas-fired combined-cycle units, 1 solar power system, and 1 wind turbine with an installed capacity of 3,403 megawatts. It also operated a transmission and distribution network of 6,969 kilometers, as well as served 589,000 residential, commercial, and industrial customers.

HK Electric Investments and HK Electric Investments Limited Fundamentals Summary

How do HK Electric Investments and HK Electric Investments's earnings and revenue compare to its market cap?
2638 fundamental statistics
Market capHK$46.30b
Earnings (TTM)HK$3.12b
Revenue (TTM)HK$11.75b

14.8x

P/E Ratio

3.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2638 income statement (TTM)
RevenueHK$11.75b
Cost of RevenueHK$5.49b
Gross ProfitHK$6.26b
Other ExpensesHK$3.13b
EarningsHK$3.12b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.35
Gross Margin53.24%
Net Profit Margin26.56%
Debt/Equity Ratio104.4%

How did 2638 perform over the long term?

See historical performance and comparison

Dividends

6.1%

Current Dividend Yield

91%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 21:09
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

HK Electric Investments and HK Electric Investments Limited is covered by 19 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Patrick XuBarclays
Girish NairBNP Paribas Securities (Asia)
Jun LiuChina International Capital Corporation Limited