XHKG0006
Market cap14bUSD
Dec 20, Last price
51.75HKD
1D
2.17%
1Q
-2.45%
Jan 2017
-24.29%
Name
Power Assets Holdings Ltd
Chart & Performance
Profile
Power Assets Holdings Limited, an investment holding company, generates, transmits, and distributes electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. It generates energy from thermal, renewable energy, and waste sources. The company also transmits and distributes oil and gas; holds property and deposits; and provides consulting, investing, trust administration, and management services. It has a generation capacity of 1,064 MW renewable energy/energy from waste, 5,214 MW gas fired, and 3,815 MW coal/oil fired; and operates 114,200 km of gas/oil pipeline, as well as 402,500 km of power network serving 19,344,000 customers. The company was formerly known as Hongkong Electric Holdings Limited and changed its name to Power Assets Holdings Limited in February 2011. Power Assets Holdings Limited was founded in 1889 and is based in Central, Hong Kong.
Valuation
Title HKD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 1,292,000 2.13% | 1,265,000 -0.86% | 1,276,000 0.47% | |||||||
Cost of revenue | (20,000) | (353,000) | ||||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,292,000 | 1,285,000 | 1,629,000 | |||||||
NOPBT Margin | 100.00% | 101.58% | 127.66% | |||||||
Operating Taxes | 249,000 | 189,000 | 132,000 | |||||||
Tax Rate | 19.27% | 14.71% | 8.10% | |||||||
NOPAT | 1,043,000 | 1,096,000 | 1,497,000 | |||||||
Net income | 6,003,000 6.27% | 5,649,000 -8.00% | 6,140,000 0.13% | |||||||
Dividends | (6,009,000) | (6,019,000) | (6,019,000) | |||||||
Dividend yield | 6.23% | 6.60% | 5.80% | |||||||
Proceeds from repurchase of equity | (242,000) | |||||||||
BB yield | 0.27% | |||||||||
Debt | ||||||||||
Debt current | 3,000 | 2,000 | 2,000 | |||||||
Long-term debt | 3,102,000 | 3,237,000 | 3,436,000 | |||||||
Deferred revenue | 1,000 | 3,000 | ||||||||
Other long-term liabilities | 302,000 | 120,000 | 413,000 | |||||||
Net debt | (90,893,000) | (90,278,000) | (90,441,000) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 1,138,000 | 772,000 | 939,000 | |||||||
CAPEX | (2,000) | (1,000) | ||||||||
Cash from investing activities | 4,612,000 | 4,008,000 | 5,931,000 | |||||||
Cash from financing activities | (6,190,000) | (6,142,000) | (6,016,000) | |||||||
FCF | 1,042,000 | 1,098,000 | 1,494,000 | |||||||
Balance | ||||||||||
Cash | 4,201,000 | 5,894,000 | 4,610,000 | |||||||
Long term investments | 89,797,000 | 87,623,000 | 89,269,000 | |||||||
Excess cash | 93,933,400 | 93,453,750 | 93,815,200 | |||||||
Stockholders' equity | 10,958,000 | 86,857,000 | 86,767,000 | |||||||
Invested Capital | 81,197,000 | 3,255,000 | 3,714,000 | |||||||
ROIC | 2.47% | 31.45% | 35.15% | |||||||
ROCE | 1.40% | 1.42% | 1.80% | |||||||
EV | ||||||||||
Common stock shares outstanding | 2,131,105 | 2,133,515 | 2,134,262 | |||||||
Price | 45.25 5.85% | 42.75 -12.04% | 48.60 15.71% | |||||||
Market cap | 96,432,508 5.73% | 91,207,785 -12.07% | 103,725,116 15.71% | |||||||
EV | 5,539,508 | 929,785 | 13,284,116 | |||||||
EBITDA | 1,296,000 | 1,288,000 | 1,632,000 | |||||||
EV/EBITDA | 4.27 | 0.72 | 8.14 | |||||||
Interest | 143,000 | 104,000 | 125,000 | |||||||
Interest/NOPBT | 11.07% | 8.09% | 7.67% |