HK Electric Investments and HK Electric Investments Limited

HK Electric Investments and HK Electric Investments Limited

HKVTY
HK Electric Investments and HK Electric Investments LimitedUS flagOther OTC
7.80
USD
- -
- -
6.89BMarket Cap
HK Electric Investments and HK Electric Investments Limited
HKVTY
(Other OTC)

Recent

price

7.80

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
FRC
- -
12.88
12.69
12.92
13.23
13.14
12.15
11.76
12.84
12.21
12.91
13.65
Revenue per Share
- -
3.92
4.06
4.07
3.78
3.45
2.63
3.09
3.32
3.34
3.57
3.52
Basic EPS, GAAP
- -
6.1
6.59
5.95
3.83
1.83
3.28
1.5
1.79
-0.86
4.64
2.95
Free Cash Flow per Basic Share
- -
1.79
3.98
4
4
4
3.61
3.2
3.2
3.2
3.2
3.2
Dividend per Share
- -
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
Book Value per Share
- -
19.08
17.42
18.43
18.22
17.11
16.8
15.98
16.72
17.78
17.38
17.73
Tangible Book Value per Share
884
816
884
884
884
884
884
884
884
884
884
884
Basic Weighted Avg Shares
- -
10,504
11,210
11,420
11,693
11,612
10,739
10,389
11,344
10,793
11,406
12,057
Sales/Revenue/Turnover
- -
46.71
46.48
44.95
44.95
44.27
40.08
40.6
43.34
41.97
45.11
45.88
Operating Margin (%)
- -
2,718
2,793
2,874
2,922
3,028
2,988
3,015
3,122
3,120
3,101
3,270
Depreciation Expense
- -
3,201
3,591
3,599
3,341
3,051
2,327
2,732
2,933
2,954
3,156
3,111
Net Income, GAAP
- -
17.34
17.59
18.11
17.92
18.43
19.13
17.92
18.17
17.73
17.87
18.16
Effective Tax Rate (%)
- -
30.47
32.03
31.51
28.57
26.27
21.67
26.3
25.86
27.37
27.67
25.8
Profit Margin (%)
- -
2,840
2,070
-4,983
-1,900
-1,828
-8,069
-6,612
-3,470
-233
-2,625
-1,628
Working Capital
- -
47,349
46,317
39,344
41,371
41,525
37,002
40,706
45,393
50,656
49,448
50,084
LT Debt
- -
49,191
49,012
49,905
49,722
48,743
48,472
47,743
48,393
49,333
48,978
49,290
Total Equity
- -
8.34
4.43
4.51
4.76
4.6
3.81
3.74
4.26
3.8
4.21
4.52
Return on Invested Capital (%)
- -
16.61
9.33
10.15
9.96
9.21
7.38
8.02
7.84
7.65
8.42
8.44
Return on Capital (%)
- -
80,025
44,887.5
44,987.5
41,762.5
38,137.5
29,087.5
34,150
36,662.5
36,925
39,450
38,887.5
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
0.03%
0.34%
0.64%
Free Cash Flow
-85.98%
-171.7%
-36.42%
Net Income, GAAP
0.37%
6.18%
-1.43%
Sales/Revenue/Turnover
1.52%
2.49%
5.71%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
11,406
2024
- -
- -
- -
- -
12,057
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
3.57
2024
- -
- -
- -
- -
3.52
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
3.2
2024
- -
- -
- -
- -
3.2
2025
- -
- -
- -
- -
- -
Business
HK Electric Investments and HK Electric Investments Limited (HKVTY) is a fixed single investment trust and investment holding company that engages in the generation, transmission, distribution and supply of electricity to Hong Kong Island, Ap Lei Chau and Lamma Island through its principal operating subsidiary, The Hongkong Electric Company, Limited (HK Electric). HK Electric operates the Lamma Power Station featuring coal-fired units, oil-fired gas turbine units, gas-fired combined-cycle units, a solar power system and a wind turbine with an aggregate installed capacity of approximately 3,700 megawatts; maintains a transmission and distribution network spanning roughly 7,000 kilometers comprising zone substations, switching substations, distribution substations, energy management systems and a system control center; and provides customer services including emergency support, account management and online applications to over 590,000 residential, commercial and industrial customers. The company also participates in financing activities. Founded in 1889 and headquartered at Hong Kong Electric Centre, 44 Kennedy Road, Hong Kong, it listed on the Hong Kong Stock Exchange in 2014 under stock code 2638 to fund infrastructure and renewable energy initiatives. In recent developments, HK Electric Investments reported solid financial performance for 2024 with EBITDA of HK$8,719 million, expanded grid-connected renewable energy capacity from customer systems to over 13 megawatts via feed-in tariffs, provided technical consultancy for around 470 electric vehicle charging facility requests under government subsidy schemes, and allocated HK$75 million for 2025 community support focused on carbon neutrality, energy efficiency and smart power services for non-profits and schools.