Power Assets Holdings Limited (HK:0006)
:0006
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Power Assets Holdings
(0006)
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Rating:62Neutral
Price Target:
HK$65.00
â–²(12.65% Upside)
Action:ReiteratedDate:10/31/25
Power Assets Holdings shows strong financial stability and an attractive dividend yield, which are significant strengths. However, technical indicators suggest weak momentum, and cash flow volatility poses a risk to sustained growth. The stock's valuation is fair, with a strong dividend yield enhancing its appeal.
Positive Factors
Strong balance sheet / low leverage
High equity ratio and low debt-to-equity indicate prudent capital structure and financial flexibility. This supports the company's ability to fund investments, sustain distributions and absorb shocks over the next several months without needing risky refinancing.
Negative Factors
Material recent revenue decline
A steep ~25% revenue contraction materially reduces distributable income from investees and may reflect weaker demand or portfolio changes. Continued top-line weakness would constrain dividend receipts and limit reinvestment or yield support over coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong balance sheet / low leverage
High equity ratio and low debt-to-equity indicate prudent capital structure and financial flexibility. This supports the company's ability to fund investments, sustain distributions and absorb shocks over the next several months without needing risky refinancing.
Read all positive factors
Power Assets Holdings (0006) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$135.01B
Dividend Yield5.15%
Average Volume (3M)3.12M
Price to Earnings (P/E)18.8
Beta (1Y)0.04
Revenue Growth-24.63%
EPS Growth1.74%
CountryHK
Employees14
SectorUtilities
Sector Strength65
IndustryIndependent Power Producers
Share Statistics
EPS (TTM)1.50
Shares Outstanding2,131,105,200
10 Day Avg. Volume3,286,865
30 Day Avg. Volume3,118,584
Financial Highlights & Ratios
PEG Ratio10.65
Price to Book (P/B)1.33
Price to Sales (P/S)17.05
P/FCF Ratio122.75
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$73.80Price Target Upside27.90% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)3.99
Revenue Forecast (FY)HK$867.42M
Power Assets Holdings Business Overview & Revenue Model
Company Description
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, a...
How the Company Makes Money
Power Assets Holdings generates revenue through several key streams: its core business of electricity and gas distribution, which involves the sale of electricity and gas to consumers and businesses; investments in power generation projects, where...
Power Assets Holdings Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
72
Positive
Cash Flow
50
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 989.00M | 6.77B | 1.29B | 1.26B | 1.28B | 1.27B |
| Gross Profit | 989.00M | 6.35B | 1.29B | 1.26B | 1.17B | 1.46B |
| EBITDA | 379.00M | 6.52B | 1.14B | 1.17B | 1.49B | 1.31B |
| Net Income | 6.16B | 6.12B | 6.00B | 5.65B | 6.14B | 6.13B |
Balance Sheet | ||||||
| Total Assets | 97.10B | 94.08B | 95.70B | 94.53B | 94.30B | 93.55B |
| Cash, Cash Equivalents and Short-Term Investments | 1.56B | 2.73B | 4.20B | 5.89B | 4.61B | 5.43B |
| Total Debt | 3.77B | 2.51B | 3.10B | 3.24B | 3.44B | 3.64B |
| Total Liabilities | 8.18B | 7.00B | 6.95B | 7.67B | 7.54B | 8.79B |
| Stockholders Equity | 88.92B | 87.08B | 88.75B | 86.86B | 86.77B | 84.77B |
Cash Flow | ||||||
| Free Cash Flow | 2.89B | 941.00M | 1.14B | 771.00M | 939.00M | 960.00M |
| Operating Cash Flow | 2.89B | 941.00M | 1.14B | 772.00M | 939.00M | 962.00M |
| Investing Cash Flow | 144.00M | 5.69B | 4.61B | 4.01B | 5.93B | 5.13B |
| Financing Cash Flow | -5.06B | -6.35B | -6.19B | -6.14B | -6.02B | -5.98B |
Power Assets Holdings Technical Analysis
Positive
57.70
Price Trends
61.62
Positive
57.59
Positive
53.93
Positive
Market Momentum
0.22
Negative
59.39
Neutral
73.71
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0006, the sentiment is Positive. The current price of 57.7 is below the 20-day moving average (MA) of 61.80, below the 50-day MA of 61.62, and above the 200-day MA of 53.93, indicating a bullish trend. The MACD of 0.22 indicates Negative momentum. The RSI at 59.39 is Neutral, neither overbought nor oversold. The STOCH value of 73.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0006.
Power Assets Holdings Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | HK$153.94B | 16.68 | 6.45% | 4.50% | -10.67% | 0.65% | |
72 Outperform | HK$187.84B | 16.48 | 9.82% | 4.54% | 2.02% | 51.27% | |
69 Neutral | HK$56.82B | 18.09 | 5.56% | 5.08% | 2.58% | 1.42% | |
68 Neutral | HK$97.54B | 6.06 | 12.76% | 5.89% | 1.42% | -10.32% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
64 Neutral | HK$135.47B | 23.00 | 9.73% | 4.94% | 0.36% | 2.55% | |
62 Neutral | HK$135.01B | 18.85 | 6.94% | 5.15% | -24.63% | 1.74% |
* Utilities Sector Average
HK:0006
Power Assets Holdings
63.35
19.54
44.61%
HK:1038
CK Infrastructure Holdings
64.45
19.91
44.70%
HK:0002
CLP Holdings
74.35
15.81
27.01%
HK:0836
China Resources Power Holdings Co
18.84
2.00
11.88%
HK:2638
HK Electric Investments & HK Electric Investments
6.43
1.55
31.90%
HK:0003
Hong Kong & China Gas Co
7.26
1.10
17.84%
Power Assets Holdings Corporate Events
Power Assets Announces Board Change and Audit Committee Reorganisation
Jan 21, 2026
Power Assets Holdings has announced that independent non-executive director Anthony Wu will step down from the board and leave his position on the audit committee with effect from 21 January 2026, citing the need to devote more time to other busin...
Power Assets Discloses Board and Committee Composition
Jan 21, 2026
Power Assets Holdings Limited has announced the current composition of its board of directors, listing four executive directors, three non-executive directors and four independent non-executive directors, with Chairman Andrew John Hunter and Chief...
Power Assets Holdings Announces Continuing Connected Transactions with AGN Group
Dec 1, 2025
Power Assets Holdings announced that its Service Providers have become indirect wholly-owned subsidiaries of CK William, making the transactions under the OM Service Agreements with the AGN Group continuing connected transactions. These agreements...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.