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Power Assets Holdings Limited

Power Assets Holdings Limited

6.65
EUR
0.00
(0.00%)
13.64BMarket Cap
Mar 17Next Earn
Power Assets Holdings Limited
TG:HEH
(Tradegate Exchange)

Recent

price

6.65

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
HKD
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
3.18
3.24
- -
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
2.87
2.93
- -
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
0.44
0.41
- -
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
2.82
2.82
- -
Dividend 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
40.76
41.65
40.86
42.57
48.39
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
40.76
41.65
40.86
42.57
48.39
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
2,131
2,131
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
41,945
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
1,953
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
103,130
Total Equity
8.07
7.04
7.03
6.25
48.41
- -
- -
2.2
1.6
1.99
1.31
1.64
1.25
1.19
6.69
6.9
- -
Return on Invested Capital (%)
10.39
11.74
12.13
12.73
54.66
- -
- -
7.5
8.25
8.22
7.02
7.01
6.38
6.75
6.92
7.03
- -
Return on Capital (%)
13.4
15.84
15.98
16.27
63.46
6.27
5.3
7.78
8.53
8.44
7.2
7.16
6.51
6.84
6.96
7.01
- -
Return on Common Equity (%)

Capital Structure

HKD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
3,771
1,400
817
LT Borrowings
- -
1,920
1,948
LT Finance Leases
- -
- -
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,131
2,131
2,131
Market Capitalization
107,440
119,969
122,188

Working Capital

HKD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
2,236
3,019
46,068
Cash, Cash Equivalents & STI
1,561
2,531
45,268
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
7,481
5,049
4,123
Payables & Accruals
- -
- -
- -
ST Debt
3,771
1,400
817
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

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
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
6,774
2025
- -
- -
6,913
2026
- -
- -
- -

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2.87
2025
- -
- -
2.93
2026
- -
- -
- -

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2.82
2025
- -
- -
2.82
2026
- -
- -
- -
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Business
Power Assets Holdings Limited (0006.HK) is an investment holding company focused on the generation, transmission and distribution of electricity; the transmission of electricity and oil; and the distribution of electricity, gas and water primarily in Hong Kong, the United Kingdom, Australia, Mainland China, Thailand, the Netherlands, Canada and New Zealand. The company, founded in 1976 and headquartered in Central, Hong Kong, holds a 33% stake in HK Electric Investments Limited, which through HK Electric supplies electricity to Hong Kong Island and Lamma Island with a generating capacity of around 3,400 MW from gas-fired, coal-fired and renewable sources; a 40% interest in UK Power Networks, one of the UK's largest electricity distribution networks; stakes in gas distribution networks including Northern Gas Networks (41%), Wales & West Utilities (30%) and Phoenix Energy (20% acquired in April 2024); electricity distribution assets in Australia such as SA Power Networks, CitiPower, Powercor and United Energy; renewable energy investments including 32 wind farms (175 MW capacity, 20% stake acquired in August 2024), UU Solar (70 assets acquired May 2024), Energy Developments Limited (20%), Dali and Laoting Wind Farms (45%); power generation facilities like Ratchaburi Electricity (25%), Jinwan Power Plant (45%), Seabank Power and AVR waste-to-energy; midstream assets such as Husky Midstream (49%) and Dampier Bunbury Pipelines; and other holdings including Wellington Electricity (50%) and Canadian Power (50%). In 2024, Power Assets deepened strategic partnerships with CK Infrastructure Holdings Limited and CK Asset Holdings Limited through joint acquisitions of Phoenix Energy and UK onshore wind farms from Aviva, enhancing its low-carbon portfolio; HK Electric commissioned a new 380-MW gas-fired unit (L12), retired two coal units, and launched a HK$22 billion 2024-2028 development plan for grid resilience and renewables; and UK Power Networks acquired UU Solar for diversified renewable generation with 90% revenue from long-term contracts.

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