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 growing at 6.5% 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 | 6.3% |
| Revenue growth rate | 1.4% |
| Return on equity | 6.4% |
| Net Margin | 26.6% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
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
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 11,749 | 3,121 | 592 | 0 |
| 31 Mar 24 | 11,578 | 3,139 | 586 | 0 |
| 31 Dec 23 | 11,406 | 3,156 | 579 | 0 |
| 30 Sep 23 | 11,268 | 3,099 | 581 | 0 |
| 30 Jun 23 | 11,129 | 3,042 | 582 | 0 |
| 31 Mar 23 | 10,961 | 2,998 | 582 | 0 |
| 31 Dec 22 | 10,793 | 2,954 | 582 | 0 |
| 30 Sep 22 | 10,891 | 2,951 | 568 | 0 |
| 30 Jun 22 | 10,988 | 2,947 | 553 | 0 |
| 31 Mar 22 | 11,166 | 2,940 | 547 | 0 |
| 31 Dec 21 | 11,344 | 2,933 | 541 | 0 |
| 30 Sep 21 | 11,091 | 2,867 | 549 | 0 |
| 30 Jun 21 | 10,838 | 2,801 | 556 | 0 |
| 31 Mar 21 | 10,614 | 2,767 | 566 | 0 |
| 31 Dec 20 | 10,389 | 2,732 | 575 | 0 |
| 30 Sep 20 | 10,463 | 2,581 | 575 | 0 |
| 30 Jun 20 | 10,536 | 2,429 | 574 | 0 |
| 31 Mar 20 | 10,638 | 2,378 | 568 | 0 |
| 31 Dec 19 | 10,739 | 2,327 | 561 | 0 |
| 30 Sep 19 | 10,949 | 2,553 | 565 | 0 |
| 30 Jun 19 | 11,158 | 2,778 | 569 | 0 |
| 31 Mar 19 | 11,385 | 2,915 | 565 | 0 |
| 31 Dec 18 | 11,612 | 3,051 | 561 | 0 |
| 30 Sep 18 | 11,718 | 3,186 | 418 | 0 |
| 30 Jun 18 | 11,824 | 3,320 | 274 | 0 |
| 31 Mar 18 | 11,759 | 3,331 | 137 | 0 |
| 31 Dec 17 | 11,693 | 3,341 | 0 | 0 |
| 30 Sep 17 | 11,557 | 3,421 | 0 | 0 |
| 30 Jun 17 | 11,420 | 3,501 | 0 | 0 |
| 31 Mar 17 | 11,420 | 3,550 | 0 | 0 |
| 31 Dec 16 | 11,420 | 3,599 | 0 | 0 |
| 30 Sep 16 | 11,362 | 3,543 | 0 | 0 |
| 30 Jun 16 | 11,304 | 3,487 | 0 | 0 |
| 31 Mar 16 | 11,257 | 3,539 | 0 | 0 |
| 31 Dec 15 | 11,210 | 3,591 | 0 | 0 |
| 30 Sep 15 | 11,233 | 3,515 | 0 | 0 |
| 30 Jun 15 | 11,255 | 3,439 | 0 | 0 |
| 31 Mar 15 | 10,880 | 3,320 | 0 | 0 |
| 31 Dec 14 | 10,504 | 3,201 | 0 | 0 |
| 31 Dec 13 | 10,209 | 5,180 | 0 | 0 |
Quality Earnings: HKVT.Y has high quality earnings.
Growing Profit Margin: HKVT.Y'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: HKVT.Y's earnings have grown by 5.1% per year over the past 5 years.
Accelerating Growth: HKVT.Y's earnings growth over the past year (2.6%) is below its 5-year average (5.1% per year).
Earnings vs Industry: HKVT.Y earnings growth over the past year (2.6%) did not outperform the Electric Utilities industry 11.4%.
Return on Equity
High ROE: HKVT.Y'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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 02:53 |
| End of Day Share Price | 2024/10/18 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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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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.
| Analyst | Institution |
|---|---|
| Patrick Xu | Barclays |
| Girish Nair | BNP Paribas Securities (Asia) |
| Jun Liu | China International Capital Corporation Limited |