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    Utilities

  3. •

    Independent Power Producers
Power Assets Holdings Limited

Power Assets Holdings Limited

HGKGF
Power Assets Holdings LimitedUS flagOther OTC
8.57
USD
- -
- -
18.26BMarket Cap
Power Assets Holdings Limited
HGKGF
(Other OTC)

Recent

price

8.57

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
4.86
6.74
7.07
8.34
4.26
3.77
3.6
3.55
3.71
3.21
2.99
2.89
2.83
3.08
- -
- -
Revenue per Share
3.4
4.23
4.53
5.05
28.62
3.62
3.01
3.9
3.58
3.34
2.87
2.88
2.65
2.82
- -
- -
Basic EPS, GAAP
2.25
2.32
2.16
2.97
0.97
0.88
0.34
0.52
1.2
0.67
0.45
0.44
0.36
0.73
- -
- -
Free Cash Flow per Basic Share
2.11
2.11
2.32
2.48
2.57
2.69
2.72
15.29
8.8
2.8
2.8
2.82
2.82
2.82
- -
- -
Dividend per Share
1
1
1
1
3.1
3.1
3.1
3.1
3.1
3.1
3.1
3.1
3.1
3.1
- -
- -
Book Value per Share
26.3
27.12
29.53
32.53
57.67
57.91
55.48
44.78
39.15
40.06
39.72
40.65
40.71
41.65
- -
- -
Tangible Book Value per Share
2,134
2,134
2,134
2,134
2,134
2,134
2,134
2,134
2,134
2,134
2,134
2,134
2,134
2,131
- -
- -
Basic Weighted Avg Shares
10,371
14,394
15,080
17,804
9,092
8,055
7,689
7,574
7,911
6,858
6,381
6,172
6,043
6,556
6,774
6,913
Sales/Revenue/Turnover
64.43
62.16
63.94
67.8
86.27
101.7
89.4
93.06
96.06
97.52
97.59
97.68
98.33
93.03
93.21
94.91
Operating Margin (%)
1,791
1,835
1,918
1,981
151
2
1
2
1
2
4
3
3
4
3
4
Depreciation Expense
7,253
9,030
9,658
10,777
61,085
7,732
6,417
8,319
7,636
7,131
6,132
6,140
5,649
6,003
6,119
6,236
Net Income, GAAP
11.44
8.68
7.96
7.02
0.02
- -
- -
1.15
0.7
0.6
1.1
2.1
3.24
3.98
3.67
3.38
Effective Tax Rate (%)
69.94
62.73
64.05
60.53
671.85
95.99
83.46
109.84
96.52
103.98
96.1
99.48
93.48
91.56
90.33
90.21
Profit Margin (%)
-1,989
5,088
411
5,542
59,401
66,424
59,230
18,742
1,403
691
-1,344
1,409
2,842
1,110
-589
-2,030
Working Capital
17,312
23,009
19,282
21,845
10,204
9,405
8,514
3,679
3,437
3,321
- -
3,436
3,237
3,098
2,506
1,920
LT Debt
56,137
57,873
63,035
69,438
123,088
123,597
118,411
95,580
83,557
85,492
84,766
86,767
86,857
88,752
87,076
90,725
Total Equity
8.07
9.98
10.46
12.46
6.96
- -
- -
6.06
7.95
7.56
6.94
6.6
6.37
6.43
6.69
6.9
Return on Invested Capital (%)
18.05
35.75
39.07
44.6
297.94
- -
- -
59.47
65.57
72.33
61.6
61.7
57.79
62.78
66.72
67.79
Return on Capital (%)
31.41
423.15
452.58
505.01
1,397.19
116.97
97.08
125.85
115.52
107.88
92.77
92.89
85.46
90.82
92.57
94.34
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-2.77%
1.39%
4.19%
Free Cash Flow
8.01%
7.07%
-6.16%
Net Income, GAAP
-1.4%
0.45%
1.91%
Sales/Revenue/Turnover
-1.34%
1.7%
2.05%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
6,556
2024
- -
- -
- -
- -
6,774
2025
- -
- -
- -
- -
6,913

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
2.82
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
2.82
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
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Business
Power Assets Holdings Limited (HGKGF) is an investment holding company primarily engaged in energy and utility-related businesses, with interests in the generation, transmission, distribution and supply of electricity and gas; investments in power plants, renewable energy projects including wind farms and biomethane initiatives, gas distribution networks and pipelines; and related infrastructure such as smart grid technologies and energy efficiency projects. The company operates through a diversified portfolio spanning electricity sales in Hong Kong via its 33.37% stake in HK Electric Investments and Hongkong Electric Company; substantial holdings in UK electricity and gas distribution networks including 40% of UK Power Networks, 41.29% of Northern Gas Networks, 30% of Wales & West Utilities and 20% of Phoenix Energy and UK Renewables Energy (comprising 32 wind farms); Australian electricity and gas assets encompassing SA Power Networks, Victoria Power Networks (CitiPower, Powercor), United Energy, Australian Gas Networks and Dampier Bunbury Pipeline; and additional investments in Canada through Husky Midstream and Canadian Power Holdings, New Zealand's Wellington Electricity, Thailand's Ratchaburi Power Company, Mainland China's Jinwan Power Plant and wind farms, and the Netherlands' Dutch Enviro Energy. Founded in 1976 and headquartered in Hong Kong, Power Assets maintains a global footprint serving approximately 19 million customers across the United Kingdom, Australia, New Zealand, Mainland China, Thailand, the Netherlands, Canada and the United States, targeting residential, commercial and industrial end-users with regulated returns bolstered by long-term offtake agreements and supportive regulatory frameworks. In 2024, the company deepened its strategic partnership with CK Infrastructure Holdings Limited and CK Asset Holdings Limited through acquisitions including a 20% stake in Phoenix Energy, Northern Ireland's largest natural gas distribution network, and UK Renewables Energy; UK Power Networks acquired Powerlink Renewables; and Victoria Power Networks' Powercor received a transmission structure licence; while in 2025, Australian Gas Networks signed a biomethane connection agreement, Phoenix Energy partnered with Radius Housing on sustainable heating trials, Eversholt UK Rails Group agreed to divest UK Rails, and CK William completed the acquisition of APT AM companies for gas operations management.