HK Electric Investments and HK Electric Investments Limited

SEHK:2638 Stock Report

Market Cap: HK$46.3b

HK Electric Investments and HK Electric Investments Past Earnings Performance

Past criteria checks 2/6

HK Electric Investments and HK Electric Investments has been growing earnings at an average annual rate of 5.1%, while the Electric Utilities industry saw earnings declining at 3.6% annually. Revenues have been growing at an average rate of 1.4% per year. HK Electric Investments and HK Electric Investments's return on equity is 6.4%, and it has net margins of 26.6%.

Key information

5.1%

Earnings growth rate

5.1%

EPS growth rate

Electric Utilities Industry Growth-7.2%
Revenue growth rate1.4%
Return on equity6.4%
Net Margin26.6%
Last Earnings Update30 Jun 2024

Recent past performance 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)

Revenue & Expenses Breakdown

How HK Electric Investments and HK Electric Investments makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SEHK:2638 Revenue, expenses and earnings (HKD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2411,7493,1215920
31 Mar 2411,5783,1395860
31 Dec 2311,4063,1565790
30 Sep 2311,2683,0995810
30 Jun 2311,1293,0425820
31 Mar 2310,9612,9985820
31 Dec 2210,7932,9545820
30 Sep 2210,8912,9515680
30 Jun 2210,9882,9475530
31 Mar 2211,1662,9405470
31 Dec 2111,3442,9335410
30 Sep 2111,0912,8675490
30 Jun 2110,8382,8015560
31 Mar 2110,6142,7675660
31 Dec 2010,3892,7325750
30 Sep 2010,4632,5815750
30 Jun 2010,5362,4295740
31 Mar 2010,6382,3785680
31 Dec 1910,7392,3275610
30 Sep 1910,9492,5535650
30 Jun 1911,1582,7785690
31 Mar 1911,3852,9155650
31 Dec 1811,6123,0515610
30 Sep 1811,7183,1864180
30 Jun 1811,8243,3202740
31 Mar 1811,7593,3311370
31 Dec 1711,6933,34100
30 Sep 1711,5573,42100
30 Jun 1711,4203,50100
31 Mar 1711,4203,55000
31 Dec 1611,4203,59900
30 Sep 1611,3623,54300
30 Jun 1611,3043,48700
31 Mar 1611,2573,53900
31 Dec 1511,2103,59100
30 Sep 1511,2333,51500
30 Jun 1511,2553,43900
31 Mar 1510,8803,32000
31 Dec 1410,5043,20100
31 Dec 1310,2095,18000

Quality Earnings: 2638 has high quality earnings.

Growing Profit Margin: 2638's current net profit margins (26.6%) are lower than last year (27.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2638's earnings have grown by 5.1% per year over the past 5 years.

Accelerating Growth: 2638's earnings growth over the past year (2.6%) is below its 5-year average (5.1% per year).

Earnings vs Industry: 2638 earnings growth over the past year (2.6%) did not outperform the Electric Utilities industry 4%.

Return on Equity

High ROE: 2638's Return on Equity (6.4%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 09:58
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

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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