2638 Stock Overview
An investment holding company, engages in the generation, transmission, distribution, and supply of electricity in Hong Kong Island and Lamma Island.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 1/6 |
| Dividends | 3/6 |
HK Electric Investments and HK Electric Investments Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$4.91 |
| 52 Week High | HK$4.98 |
| 52 Week Low | HK$4.30 |
| Beta | 0.44 |
| 1 Month Change | 1.03% |
| 3 Month Change | 1.45% |
| 1 Year Change | 4.03% |
| 3 Year Change | -37.61% |
| 5 Year Change | -39.38% |
| Change since IPO | -8.05% |
Recent News & Updates
Recent updates
Calculating The Intrinsic Value Of HK Electric Investments and HK Electric Investments Limited (HKG:2638)
May 09
Investors Met With Slowing Returns on Capital At HK Electric Investments and HK Electric Investments (HKG:2638)
Mar 05Earnings Not Telling The Story For HK Electric Investments and HK Electric Investments Limited (HKG:2638)
Jan 29Calculating The Intrinsic Value Of HK Electric Investments and HK Electric Investments Limited (HKG:2638)
Jan 05Return Trends At HK Electric Investments and HK Electric Investments (HKG:2638) Aren't Appealing
Nov 15Does HK Electric Investments and HK Electric Investments (HKG:2638) Have A Healthy Balance Sheet?
Oct 25A Look At The Fair Value Of HK Electric Investments and HK Electric Investments Limited (HKG:2638)
Oct 03Returns At HK Electric Investments and HK Electric Investments (HKG:2638) Appear To Be Weighed Down
Aug 02A Look At The Intrinsic Value Of HK Electric Investments and HK Electric Investments Limited (HKG:2638)
Jun 13Some Investors May Be Worried About HK Electric Investments and HK Electric Investments' (HKG:2638) Returns On Capital
May 04HK Electric Investments and HK Electric Investments' (HKG:2638) Dividend Will Be HK$0.1609
Mar 16Here's Why HK Electric Investments and HK Electric Investments (HKG:2638) Is Weighed Down By Its Debt Load
Mar 15Is HK Electric Investments and HK Electric Investments Limited (HKG:2638) Worth HK$5.4 Based On Its Intrinsic Value?
Feb 10HK Electric Investments and HK Electric Investments (HKG:2638) Has Some Way To Go To Become A Multi-Bagger
Dec 06These 4 Measures Indicate That HK Electric Investments and HK Electric Investments (HKG:2638) Is Using Debt Extensively
Nov 18Estimating The Intrinsic Value Of HK Electric Investments and HK Electric Investments Limited (HKG:2638)
Oct 30Here's What To Make Of HK Electric Investments and HK Electric Investments' (HKG:2638) Decelerating Rates Of Return
Aug 26HK Electric Investments and HK Electric Investments (HKG:2638) Takes On Some Risk With Its Use Of Debt
Aug 05Return Trends At HK Electric Investments and HK Electric Investments (HKG:2638) Aren't Appealing
May 26Is HK Electric Investments and HK Electric Investments (HKG:2638) A Risky Investment?
May 04HK Electric Investments and HK Electric Investments' (HKG:2638) Solid Earnings Have Been Accounted For Conservatively
Apr 13HK Electric Investments and HK Electric Investments (HKG:2638) Has Announced A Dividend Of HK$0.16
Mar 22Here's What's Concerning About HK Electric Investments and HK Electric Investments' (HKG:2638) Returns On Capital
Feb 08Estimating The Intrinsic Value Of HK Electric Investments and HK Electric Investments Limited (HKG:2638)
Jan 18Investors Could Be Concerned With HK Electric Investments and HK Electric Investments' (HKG:2638) Returns On Capital
Oct 11We Think HK Electric Investments and HK Electric Investments (HKG:2638) Is Taking Some Risk With Its Debt
Sep 15HK Electric Investments and HK Electric Investments' (HKG:2638) Dividend Will Be HK$0.16
Aug 05HK Electric Investments and HK Electric Investments (HKG:2638) Has More To Do To Multiply In Value Going Forward
Jun 11Are Dividend Investors Making A Mistake With HK Electric Investments and HK Electric Investments Limited (HKG:2638)?
Apr 30Here's Why HK Electric Investments and HK Electric Investments (HKG:2638) Has A Meaningful Debt Burden
Mar 18Should You Be Impressed By HK Electric Investments and HK Electric Investments' (HKG:2638) Returns on Capital?
Mar 01Shareholders Of HK Electric Investments and HK Electric Investments (HKG:2638) Must Be Happy With Their 60% Return
Jan 25Does It Make Sense To Buy HK Electric Investments and HK Electric Investments Limited (HKG:2638) For Its Yield?
Dec 27
We Think HK Electric Investments and HK Electric Investments (HKG:2638) Is Taking Some Risk With Its Debt
Dec 12Is HK Electric Investments and HK Electric Investments Limited's (HKG:2638) Stock On A Downtrend As A Result Of Its Poor Financials?
Nov 26Shareholder Returns
| 2638 | HK Electric Utilities | HK Market | |
|---|---|---|---|
| 7D | 0% | -2.0% | -1.8% |
| 1Y | 4.0% | 7.2% | -3.7% |
Return vs Industry: 2638 underperformed the Hong Kong Electric Utilities industry which returned 7.2% over the past year.
Return vs Market: 2638 exceeded the Hong Kong Market which returned -3.7% over the past year.
Price Volatility
| 2638 volatility | |
|---|---|
| 2638 Average Weekly Movement | 2.1% |
| Electric Utilities Industry Average Movement | 3.2% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in HK Market | 15.3% |
| 10% least volatile stocks in HK Market | 3.7% |
Stable Share Price: 2638 has not had significant price volatility in the past 3 months.
Volatility Over Time: 2638's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1889 | 1,657 | Francis Cheng | www.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
| 2638 fundamental statistics | |
|---|---|
| Market cap | HK$43.39b |
| Earnings (TTM) | HK$3.16b |
| Revenue (TTM) | HK$11.41b |
13.7x
P/E Ratio3.8x
P/S RatioIs 2638 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2638 income statement (TTM) | |
|---|---|
| Revenue | HK$11.41b |
| Cost of Revenue | HK$5.38b |
| Gross Profit | HK$6.02b |
| Other Expenses | HK$2.87b |
| Earnings | HK$3.16b |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.36 |
| Gross Margin | 52.80% |
| Net Profit Margin | 27.67% |
| Debt/Equity Ratio | 102.5% |
How did 2638 perform over the long term?
See historical performance and comparison