Power Assets Holdings Limited Share Price and Company Fundamentals
Last traded: Last Friday 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
-
PB ratio
-
Dividend yield
5.23%
Beta
0.53
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Utilities—Independent Power Producers / Utilities |
|---|---|
| Full time employees | 13 |
| 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
5.23%
Dividend amount
$2.82
Payout ratio
97.92%
5Y Avg. yield
5.36%
Power Assets Holdings Limited paid $2.82 dividend and the ex-dividend date was 23 May 2022.The dividend payout ratio is 97.92%. 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 5.17%. 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 May 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 | 4.9M |
| Mr. Andrew John Hunter M.A., M.B.A., MA, MBA, MDBA, MICAS, MHKICPA | Exec. Director | 63 | 180k |
| 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 | 5.57M |
| 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
376.92%
Operating margin
91.22%
Return on assets
0.99%
Return on equity
7.16%
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 $52.35.
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.