HKVT.Y logo

HK Electric Investments and HK Electric Investments OTCPK:HKVT.Y Stock Report

Last Price

US$5.77

Market Cap

US$5.4b

7D

0%

1Y

-12.2%

Updated

03 Mar, 2024

Data

Company Financials +

HK Electric Investments and HK Electric Investments Limited

OTCPK:HKVT.Y Stock Report

Market Cap: US$5.4b

HKVT.Y Stock Overview

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.

HKVT.Y fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health2/6
Dividends2/6

HK Electric Investments and HK Electric Investments Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for HK Electric Investments and HK Electric Investments
Historical stock prices
Current Share PriceHK$5.77
52 Week HighHK$6.65
52 Week LowHK$5.35
Beta0.42
1 Month Change0%
3 Month Change1.32%
1 Year Change-12.18%
3 Year Changen/a
5 Year Changen/a
Change since IPO-44.31%

Recent News & Updates

Recent updates

Shareholder Returns

HKVT.YUS Electric UtilitiesUS Market
7D0%3.5%0.6%
1Y-12.2%5.8%25.7%

Return vs Industry: HKVT.Y underperformed the US Electric Utilities industry which returned -6.5% over the past year.

Return vs Market: HKVT.Y underperformed the US Market which returned 24.4% over the past year.

Price Volatility

Is HKVT.Y's price volatile compared to industry and market?
HKVT.Y volatility
HKVT.Y Average Weekly Movementn/a
Electric Utilities Industry Average Movement2.7%
Market Average Movement6.0%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market2.9%

Stable Share Price: HKVT.Y has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine HKVT.Y's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
18891,678Francis Chengwww.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, 2022, 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 3,402 megawatts. It also operated a transmission and distribution network of 6,853 kilometers; 4,100 substations; and 6,300 transformers, as well as served 586,000 residential, commercial, and industrial customers.

HK Electric Investments and HK Electric Investments Limited Fundamentals Summary

How do HK Electric Investments and HK Electric Investments's earnings and revenue compare to its market cap?
HKVT.Y fundamental statistics
Market capUS$5.44b
Earnings (TTM)US$388.56m
Revenue (TTM)US$1.42b

14.0x

P/E Ratio

3.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HKVT.Y income statement (TTM)
RevenueHK$11.13b
Cost of RevenueHK$5.32b
Gross ProfitHK$5.81b
Other ExpensesHK$2.77b
EarningsHK$3.04b

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.34
Gross Margin52.20%
Net Profit Margin27.33%
Debt/Equity Ratio106.6%

How did HKVT.Y perform over the long term?

See historical performance and comparison

Dividends

6.6%

Current Dividend Yield

93%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.