Power Assets Holdings Past Earnings Performance

Past criteria checks 4/6

Power Assets Holdings's earnings have been declining at an average annual rate of -3.2%, while the Electric Utilities industry saw earnings declining at 3.6% annually. Revenues have been declining at an average rate of 3.2% per year. Power Assets Holdings's return on equity is 7%, and it has net margins of 586.8%.

Key information

-3.2%

Earnings growth rate

-3.1%

EPS growth rate

Electric Utilities Industry Growth	-7.2%
Revenue growth rate	-3.2%
Return on equity	7.0%
Net Margin	586.8%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Power Assets Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SZSC:6 Revenue, expenses and earnings (HKD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	1,031	6,050	0
31 Mar 24	1,162	6,027	0
31 Dec 23	1,292	6,003	0
30 Sep 23	1,297	5,870	0
30 Jun 23	1,379	5,737	0
31 Mar 23	1,322	5,693	0
31 Dec 22	1,265	5,649	0
30 Sep 22	1,447	6,076	70
30 Jun 22	1,629	6,502	140
31 Mar 22	1,629	6,321	140
31 Dec 21	1,629	6,140	140
30 Sep 21	1,476	6,260	145
30 Jun 21	1,322	6,379	150
31 Mar 21	1,393	6,256	150
31 Dec 20	1,463	6,132	150
30 Sep 20	1,462	5,867	159
30 Jun 20	1,460	5,602	168
31 Mar 20	1,404	6,367	168
31 Dec 19	1,348	7,131	168
30 Sep 19	1,400	7,219	239
30 Jun 19	1,451	7,307	310
31 Mar 19	1,503	7,472	310
31 Dec 18	1,555	7,636	310
30 Sep 18	1,557	8,026	417
30 Jun 18	1,558	8,415	523
31 Mar 18	1,489	8,367	523
31 Dec 17	1,420	8,319	523
30 Sep 17	1,355	7,642	263
30 Jun 17	1,290	6,965	2
31 Mar 17	1,289	6,691	2
31 Dec 16	1,288	6,417	2
30 Sep 16	1,300	7,194	1
30 Jun 16	1,311	7,971	0
31 Mar 16	1,310	7,852	0
31 Dec 15	1,308	7,732	0
30 Sep 15	1,317	7,715	0
30 Jun 15	1,325	7,698	0
31 Mar 15	1,728	34,352	0
31 Dec 14	2,131	61,005	0
30 Sep 14	4,827	61,971	0
30 Jun 14	7,522	62,937	0
31 Mar 14	9,550	37,051	0
31 Dec 13	11,578	11,165	0

Quality Earnings: 6 has high quality earnings.

Growing Profit Margin: 6's current net profit margins are higher than last year .

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 6's earnings have declined by 3.2% per year over the past 5 years.

Accelerating Growth: 6's earnings growth over the past year (5.5%) exceeds its 5-year average (-3.2% per year).

Earnings vs Industry: 6 earnings growth over the past year (5.5%) exceeded the Electric Utilities industry 4%.

Power Assets Holdings Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

First half 2024 earnings released: EPS: HK$1.41 (vs HK$1.39 in 1H 2023)

Power Assets Holdings Limited to Report Q2, 2024 Results on Aug 14, 2024

Power Assets Holdings Limited to Report Q2, 2024 Results on Aug 13, 2024

Full year 2023 earnings released: EPS: HK$2.82 (vs HK$2.65 in FY 2022)

Full year 2023 earnings released: EPS: HK$2.82 (vs HK$2.65 in FY 2022)

Power Assets Holdings Limited to Report Fiscal Year 2023 Results on Mar 20, 2024

Recent updates

Upcoming dividend of HK$0.78 per share

First half dividend of HK$0.78 announced

CK Infrastructure Holdings Limited (SEHK:1038), CK Asset Holdings Limited (SEHK:1113) and Power Assets Holdings Limited (SEHK:6) agreed to acquire 32 UK Wind Farms from Aviva Investors Global Services Ltd.

First half 2024 earnings released: EPS: HK$1.41 (vs HK$1.39 in 1H 2023)

Power Assets Holdings Limited to Report Q2, 2024 Results on Aug 14, 2024

Power Assets Holdings Limited to Report Q2, 2024 Results on Aug 13, 2024

Power Assets Holdings Limited Approves Final Dividend

Upcoming dividend of HK$2.04 per share

Full year 2023 earnings released: EPS: HK$2.82 (vs HK$2.65 in FY 2022)

Power Assets Holdings Limited Announces Board and Committee Changes with Effect from 1 April 2024

Final dividend of HK$2.04 announced

Power Assets Holdings Limited, Annual General Meeting, May 22, 2024

Full year 2023 earnings released: EPS: HK$2.82 (vs HK$2.65 in FY 2022)

Power Assets Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable 11 June 2024

Power Assets Holdings Limited to Report Fiscal Year 2023 Results on Mar 20, 2024

Upcoming dividend of HK$0.78 per share at 7.3% yield

CEO & Executive Director recently bought HK$800k worth of stock

First half 2023 earnings released: EPS: HK$1.39 (vs HK$1.35 in 1H 2022)

Power Assets Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable 12 September 2023

Power Assets Holdings Limited Announces Board Changes

Upcoming dividend of HK$2.04 per share at 6.1% yield

Full year 2022 earnings released: EPS: HK$2.65 (vs HK$2.88 in FY 2021)

Now 20% undervalued after recent price drop

Upcoming dividend of HK$0.78 per share

Assets Holdings Limited Declares Interim Dividend for the Six Months Ended June 30, 2022, Payable on 14 September 2022

First half 2022 earnings released: EPS: HK$1.35 (vs HK$1.18 in 1H 2021)

Power Assets Holdings Limited to Report First Half, 2022 Results on Aug 03, 2022

Upcoming dividend of HK$2.04 per share

Power Assets Holdings Limited, Annual General Meeting, May 18, 2022

Full year 2021 earnings: Revenues miss analyst expectations

Power Assets Holdings Limited to Report Fiscal Year 2021 Results on Mar 16, 2022

Upcoming dividend of HK$0.78 per share

First half 2021 earnings released: EPS HK$1.18 (vs HK$1.06 in 1H 2020)

Non-Executive Director recently bought HK$5.6m worth of stock

Power Assets Holdings Limited Declares Final Dividend

Upcoming dividend of HK$2.04 per share

Full year 2020 earnings released: EPS HK$2.87 (vs HK$3.34 in FY 2019)

Full year 2020 earnings released: EPS HK$2.87 (vs HK$3.34 in FY 2019)

Power Assets Holdings Limited Recommends Final Dividend, Payable on 1 June 2021

Power Assets Holdings Limited to Report Fiscal Year 2020 Results on Mar 17, 2021

New 90-day high: HK$42.85

New 90-day high: HK$42.00

New 90-day low: HK$40.45

New 90-day low: HK$41.55

New 90-day low - HK$41.75

Upcoming Dividend of HK$0.77 Per Share

First half earnings released

Ventient Energy Sàrl enter into a Quota Sale and Purchase Agreement to acquire Portugal Renewable Energy from CK Infrastructure Holdings Limited (SEHK:1038) and Power Assets Holdings Limited (SEHK:6)

First half earnings released

Power Assets Holdings Limited to Report First Half, 2020 Results on Aug 05, 2020

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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