Power Assets Holdings Limited Share Price and Company Fundamentals



Price
$40
Change
0.200 (0.503%)
52 week
35.45 - 54.9

Last traded: Yesterday at 8:08 AM

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.

Key Metrics

PE ratio

13.18

PB ratio

0.99

Dividend yield

7.09%

Beta

0.53

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Utilities—Independent Power Producers / Utilities
Full time employees 14
Website https://www.powerassets.com
Mailing address Cheung Kong Center Unit 2005 20th Floor 2 Queen’s Road Central Hong Kong
Phone / Fax 852 2122 9122 / 852 2180 9708

Dividends

Dividend yield

7.09%

Dividend amount

$2.82

Payout ratio

92.46%

5Y Avg. yield

5.59%

Power Assets Holdings Limited paid $2.82 dividend and the ex-dividend date was 01 Sept 2022.The dividend payout ratio is 92.46%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.0006 dividend payout ratio is more than 90% making it difficult for the company to maintain the dividends and increase it year by year.

0006's forward dividend amount is $2.82 and the forward dividend yield is 7.09%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Nov 2022, following are the company executives and directors listed on Power Assets Holdings Limited.

Name Title Age Total Pay
Mr. Kin Ning Fok B.A., BA, DFM, F.C.A., FCA (ANZ) Chairman 70 120k
Mr. Chao Chung Tsai BAppScMechEng, BSME, CPEng CEO & Exec. Director 64 4.97M
Mr. Andrew John Hunter M.A., M.B.A., MA, MBA, MDBA, MHKICPA, MICAS Exec. Director 63 170k
Mr. Chi Tin Wan Exec. Director 71 70k
Mr. Neil Douglas McGee Exec. Director 70 70k
Mr. Loi Shun Chan FCCA, FCPA Exec. Director 58 5.59M
Mr. Kee Ham Chan Chief Financial Officer 58
Mr. Wai Cheong Ng LLB Group Legal Counsel & Company Sec. 52

Profitability and management effectiveness

Profit margin

399.14%

Operating margin

91.34%

Return on assets

0.98%

Return on equity

7.51%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Power Assets Holdings Limited is and its enterprise value is .

The 0006's stocks Beta value is 0.53 making it 47% less volatile compared to HKEX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Power Assets Holdings Limited (HKEX:0006) Frequently Asked Questions

1. What is Power Assets Holdings Limited's Stock Symbol?

Power Assets Holdings Limited trades on HKEX under the ticker symbol "0006".

2. What is Power Assets Holdings Limited's stock price today?

One share of 0006 stock can currently be purchased for approximately $40.

3. How can I contact Power Assets Holdings Limited?

Power Assets Holdings Limited's mailing address is Cheung Kong Center Unit 2005 20th Floor 2 Queen’s Road Central Hong Kong. The company can be reached via phone at 852 2122 9122.

4. What is Power Assets Holdings Limited's official website?

The official website of Power Assets Holdings Limited is https://www.powerassets.com.