>
HK Electric Investments logo

2638 - HK Electric Investments Share Price

HK$7.86 0.0  0.3%

Last Trade - 9:08am

Sector
Utilities
Size
Large Cap
Market Cap £6.45bn
Enterprise Value £10.62bn
Revenue £966.7m
Position in Universe 249th / 6116
Bullish
Bearish
Unlock 2638 Revenue
Momentum
Relative Strength (%)
1m +2.03%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -3.80%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
11,210 11,420 11,693 11,612 10,739 10,389 11,542 12,017 -1.5%
+2.5 +0.1 -6.4 -8.4 -22.6 +13.2 -3.66
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2020, HKElectric Investments Ltd revenues decreased 3% toHK$10.39B. Net income applicable to common stockholdersincreased 17% to HK$2.73B. Revenues reflectElectricity-related income decrease of 39% to HK$30M. Netincome reflects IE on Capital Financing, gross decrease of4% to HK$1.24B (expense), Operating Provisions decrease of18% to HK$170M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

2638 Revenue Unlock 2638 Revenue

Net Income

2638 Net Income Unlock 2638 Revenue

Normalised EPS

2638 Normalised EPS Unlock 2638 Revenue

PE Ratio Range

2638 PE Ratio Range Unlock 2638 Revenue

Dividend Yield Range

2638 Dividend Yield Range Unlock 2638 Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
()
EPS
()
DPS
()
Net Profit
()
EPS
()
DPS
()
Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
2638 EPS Forecasts Unlock 2638 Revenue
Profile Summary

HK ELECTRIC INVESTMENTS LIMITED is a fixed single investment trust in Hong Kong with a focus on the power industry. The Company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. Its principal operating subsidiary is The Hongkong Electric Company, Limited (HEC). HEC’s sole power generation facility is the Lamma Power Station which has an aggregate installed capacity of approximately 3,700 megawatt (MW). The Company provides electricity to approximately 568,000 registered customers on Hong Kong Island and Lamma Island.

Directors
Last Annual December 31st, 2020
Last Interim December 31st, 2020
No. of Shareholders: n/a
No. of Employees: 1,713
Sector Utilities
Industry Electric Utilities & IPPs
Index Hang Seng Composite , Hang Seng Composite LargeCap & MidCap ,
Exchange Stock Exchange of Hong Kong Limited
Shares in Issue 8,836,200,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
2638 Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for 2638
Upcoming Events for 2638
Frequently Asked Questions for HK Electric Investments
What is the HK Electric Investments share price?

As of 9:08am, shares in HK Electric Investments are trading at HK$7.86, giving the company a market capitalisation of £6.45bn. This share price information is delayed by 15 minutes.

How has the HK Electric Investments share price performed this year?

Shares in HK Electric Investments are currently trading at HK$7.86 and the price has moved by -1.38% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the HK Electric Investments price has moved by -25.9% over the past year.

What are the analyst and broker recommendations for HK Electric Investments?

Of the analysts with advisory recommendations for HK Electric Investments, there are there are currently 0 "buy" , 5 "hold" and 2 "sell" recommendations. The overall consensus recommendation for HK Electric Investments is Sell. You can view the full broker recommendation list by unlocking its StockReport.

When will HK Electric Investments next release its financial results?

HK Electric Investments is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the HK Electric Investments dividend yield?

The HK Electric Investments dividend yield is 4.09% based on the trailing twelve month period.

Does HK Electric Investments pay a dividend?

Last year, HK Electric Investments paid a total dividend of 0.32, and it currently has a trailing dividend yield of 4.09%. Looking ahead, HK Electric Investments has not announced an ex-dividend date yet.

When does HK Electric Investments next pay dividends?

HK Electric Investments has yet to annouce their ex-dividend date. The historic dividend yield on HK Electric Investments shares is currently 4.09%.

How do I buy HK Electric Investments shares?

To buy shares in HK Electric Investments you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of HK Electric Investments?

Shares in HK Electric Investments are currently trading at HK$7.86, giving the company a market capitalisation of £6.45bn.

Where are HK Electric Investments shares listed? Where are HK Electric Investments shares listed?

Here are the trading details for HK Electric Investments:

Country of listing: Hong Kong
Exchange: HKG
Ticker Symbol: 2638
What kind of share is HK Electric Investments?

Based on an overall assessment of its quality, value and momentum, HK Electric Investments is currently classified as a Momentum Trap. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a HK Electric Investments share price forecast 2021?

Shares in HK Electric Investments are currently priced at HK$7.86. At that level they are trading at 12.61% premium to the analyst consensus target price of 0.00.

Analysts covering HK Electric Investments currently have a consensus Earnings Per Share (EPS) forecast of 0.3 for the next financial year.

How can I tell whether the HK Electric Investments share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like HK Electric Investments. Over the past six months, the relative strength of its shares against the market has been -0.7%. At the current price of HK$7.86, shares in HK Electric Investments are trading at 0.7% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the HK Electric Investments PE Ratio?

The HK Electric Investments PE ratio based on its reported earnings over the past 12 months is 25.18. The shares are currently trading at HK$7.86.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of HK Electric Investments?

HK Electric Investments's management team is headed by:

Kin Ning Fok - CHM
Chi Tin Wan - CEO
Ronald Arculli - NED
Tzar Kuoi Li - NVC
Kim Man Wong - CFO
Yuk Keung Wong - GMG
Fahad Hamad Al Mohannadi - NED
Deven Karnik - NED
Sung Tai Ip - GMG
Guangming Duan - NED
Wai Man Choi - GMG
Fo Shing Chow - GMG
Wai Kin Wan - GMG
Yin Piu Ho - GMG
Ying Leung Kwan - GMG
Who are the major shareholders of HK Electric Investments?

Here are the top five shareholders of HK Electric Investments based on the size of their shareholding:

Power Assets Holdings Ltd Corporation
Percentage owned: 33.37% (2.95bn shares)
State Grid Corporation of China Corporation
Percentage owned: 21% (1.86bn shares)
Qatar Investment Authority Sovereign Wealth Fund
Percentage owned: 19.9% (1.76bn shares)
BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 0.9% (79.8m shares)
Schroder Investment Management (Hong Kong) Ltd. Investment Advisor/Hedge Fund
Percentage owned: 0.87% (76.6m shares)
Similar to 2638
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.