HK Electric Investments and HK Electric Investments Limited

SEHK:2638 Stock Report

Market Cap: HK$55.2b

HK Electric Investments and HK Electric Investments Future Growth

Future criteria checks 1/6

HK Electric Investments and HK Electric Investments is forecast to grow earnings and revenue by 2.9% and 3.5% per annum respectively. EPS is expected to grow by 3.3% per annum. Return on equity is forecast to be 6.8% in 3 years.

Key information

2.9%

Earnings growth rate

3.27%

EPS growth rate

Electric Utilities earnings growth12.3%
Revenue growth rate3.5%
Future return on equity6.80%
Analyst coverage

Good

Last updated23 Sep 2025

Recent future growth updates

HK Electric Investments and HK Electric Investments Limited (HKG:2638) Yearly Results: Here's What Analysts Are Forecasting For This Year

Mar 20
HK Electric Investments and HK Electric Investments Limited (HKG:2638) Yearly Results: Here's What Analysts Are Forecasting For This Year

Recent updates

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

Nov 07
Investors Met With Slowing Returns on Capital At HK Electric Investments and HK Electric Investments (HKG:2638)

Is HK Electric Investments and HK Electric Investments (HKG:2638) Using Too Much Debt?

Oct 16
Is HK Electric Investments and HK Electric Investments (HKG:2638) Using Too Much Debt?

HK Electric Investments and HK Electric Investments (HKG:2638) Is Due To Pay A Dividend Of HK$0.1594

Aug 18
HK Electric Investments and HK Electric Investments (HKG:2638) Is Due To Pay A Dividend Of HK$0.1594

Returns On Capital At HK Electric Investments and HK Electric Investments (HKG:2638) Have Hit The Brakes

Jul 21
Returns On Capital At HK Electric Investments and HK Electric Investments (HKG:2638) Have Hit The Brakes

HK Electric Investments and HK Electric Investments Limited (HKG:2638) Investors Are Less Pessimistic Than Expected

Jun 23
HK Electric Investments and HK Electric Investments Limited (HKG:2638) Investors Are Less Pessimistic Than Expected

HK Electric Investments and HK Electric Investments (HKG:2638) Takes On Some Risk With Its Use Of Debt

May 16
HK Electric Investments and HK Electric Investments (HKG:2638) Takes On Some Risk With Its Use Of Debt

HK Electric Investments and HK Electric Investments Limited (HKG:2638) Yearly Results: Here's What Analysts Are Forecasting For This Year

Mar 20
HK Electric Investments and HK Electric Investments Limited (HKG:2638) Yearly Results: Here's What Analysts Are Forecasting For This Year

HK Electric Investments and HK Electric Investments Limited's (HKG:2638) Share Price Could Signal Some Risk

Feb 10
HK Electric Investments and HK Electric Investments Limited's (HKG:2638) Share Price Could Signal Some Risk

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

Earnings and Revenue Growth Forecasts

SEHK:2638 - Analysts future estimates and past financials data (HKD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202713,1473,409N/A7,1655
12/31/202612,8813,334N/A6,7286
12/31/202512,3903,238N/A7,4566
6/30/202512,0523,1652,3105,954N/A
3/31/202512,0553,1382,3436,165N/A
12/31/202412,0573,1112,3756,375N/A
9/30/202411,9033,1163,2747,265N/A
6/30/202411,7493,1214,1728,154N/A
3/31/202411,5783,1393,9828,113N/A
12/31/202311,4063,1563,7928,071N/A
9/30/202311,2683,0992,3947,192N/A
6/30/202311,1293,0429966,313N/A
3/31/202310,9612,99825,541N/A
12/31/202210,7932,954-9934,768N/A
9/30/202210,8912,951-4325,125N/A
6/30/202210,9882,9471295,482N/A
3/31/202211,1662,9407465,836N/A
12/31/202111,3442,9331,3636,189N/A
9/30/202111,0912,8671,3416,227N/A
6/30/202110,8382,8011,3186,264N/A
3/31/202110,6142,7671,2236,104N/A
12/31/202010,3892,7321,1285,943N/A
9/30/202010,4632,5811,4116,052N/A
6/30/202010,5362,4291,6936,160N/A
3/31/202010,6382,3782,1966,301N/A
12/31/201910,7392,3272,6996,441N/A
9/30/201910,9492,5532,1275,622N/A
6/30/201911,1582,7781,5544,802N/A
3/31/201911,3852,915N/A4,909N/A
12/31/201811,6123,051N/A5,015N/A
9/30/201811,7183,186N/A5,465N/A
6/30/201811,8243,320N/A5,915N/A
3/31/201811,7593,331N/A5,901N/A
12/31/201711,6933,341N/A5,887N/A
9/30/201711,5573,421N/A6,386N/A
6/30/201711,4203,501N/A6,885N/A
3/31/201711,4203,550N/A7,452N/A
12/31/201611,4203,599N/A8,018N/A
9/30/201611,3623,543N/A8,125N/A
6/30/201611,3043,487N/A8,232N/A
3/31/201611,2573,539N/A8,148N/A
12/31/201511,2103,591N/A8,064N/A
9/30/201511,2333,515N/A7,717N/A
6/30/201511,2553,439N/A7,369N/A
3/31/201510,8803,320N/A7,003N/A
12/31/201410,5043,201N/A6,636N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2638's forecast earnings growth (2.9% per year) is above the savings rate (2.8%).

Earnings vs Market: 2638's earnings (2.9% per year) are forecast to grow slower than the Hong Kong market (11.6% per year).

High Growth Earnings: 2638's earnings are forecast to grow, but not significantly.

Revenue vs Market: 2638's revenue (3.5% per year) is forecast to grow slower than the Hong Kong market (8.5% per year).

High Growth Revenue: 2638's revenue (3.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 2638's Return on Equity is forecast to be low in 3 years time (6.8%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/27 08:19
End of Day Share Price 2025/11/27 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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

HK Electric Investments and HK Electric Investments Limited is covered by 16 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
Jun LiuChina International Capital Corporation Limited
Pierre LauCitigroup Inc