Stock Analysis
- Hong Kong
- /
- Electric Utilities
- /
- SEHK:2638
HK Electric Investments and HK Electric Investments Full Year 2022 Earnings: EPS Beats Expectations, Revenues Lag
HK Electric Investments and HK Electric Investments (HKG:2638) Full Year 2022 Results
Key Financial Results
- Revenue: HK$10.8b (down 4.9% from FY 2021).
- Net income: HK$2.95b (flat on FY 2021).
- Profit margin: 27% (up from 26% in FY 2021). The increase in margin was driven by lower expenses.
- EPS: HK$0.33 (up from HK$0.33 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
HK Electric Investments and HK Electric Investments EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) exceeded analyst estimates by 1.9%.
Looking ahead, revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Electric Utilities industry in Asia.
Performance of the market in Hong Kong.
The company's shares are up 2.2% from a week ago.
Risk Analysis
You still need to take note of risks, for example - HK Electric Investments and HK Electric Investments has 2 warning signs we think you should be aware of.
Valuation is complex, but we're helping make it simple.
Find out whether HK Electric Investments and HK Electric Investments is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.