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HK Electric Investments & HK Electric Investments
(OTC:2638)
HK Electric Investments & HK Electric Investments (2638) vs. iShares MSCI Hong Kong ETF (EWH)
HK Electric Investments & HK Electric Investments Business Overview & Revenue Model
HK Electric Investments & HK Electric Investments Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 12.06B | 11.41B | 10.79B | 11.34B | 10.39B | Gross Profit |
| 6.46B | 6.02B | 5.43B | 5.85B | 5.05B | EBIT |
| 5.49B | 4.98B | 4.51B | 4.84B | 4.14B | EBITDA |
| 8.63B | 8.08B | 7.55B | 7.96B | 7.13B | Net Income Common Stockholders |
| 3.11B | 3.16B | 2.95B | 2.93B | 2.73B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 30.00M | 21.00M | 325.00M | 34.00M | 52.00M | Total Assets |
| 118.50B | 118.54B | 121.00B | 114.83B | 111.57B | Total Debt |
| 50.86B | 50.21B | 51.21B | 46.63B | 44.89B | Net Debt |
| 50.83B | 50.19B | 50.89B | 46.59B | 44.84B | Total Liabilities |
| 69.21B | 69.56B | 71.67B | 66.44B | 63.82B | Stockholders Equity |
| 49.29B | 48.98B | 49.33B | 48.39B | 47.74B |
| Cash Flow | Free Cash Flow | |||
| 2.61B | 3.79B | -993.00M | 1.36B | 1.13B | Operating Cash Flow |
| 6.14B | 8.07B | 4.77B | 6.19B | 5.94B | Investing Cash Flow |
| -3.99B | -4.38B | -6.08B | -5.03B | -5.05B | Financing Cash Flow |
| -2.38B | -4.04B | 1.61B | -1.19B | -1.10B |
HK Electric Investments & HK Electric Investments Technical Analysis
HK Electric Investments & HK Electric Investments Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | HK$105.35B | 6.86 | 15.59% | 6.79% | 1.89% | 29.67% | |
73 Outperform | $167.38B | 14.25 | 11.36% | 3.82% | 4.35% | 76.44% | |
71 Outperform | $112.27B | 10.82 | 7.63% | 4.54% | -5.49% | 28.25% | |
70 Outperform | $125.58B | 21.99 | 9.72% | 0.86% | -2.63% | -5.90% | |
68 Neutral | $50.28B | 16.16 | 6.32% | 5.66% | 5.71% | -1.43% | |
64 Neutral | $8.55B | 10.42 | 4.24% | 4.64% | 4.05% | -13.04% | |
62 Neutral | $108.05B | 17.66 | 6.95% | 8.05% | -28.87% | 1.93% |
HK Electric Investments & HK Electric Investments Corporate Events
HK Electric Investments & HK Electric Investments Limited held its annual general meeting on May 21, 2025, where all proposed resolutions were approved by the holders of Share Stapled Units. Key resolutions included the receipt of financial statements, election of directors, and the appointment of KPMG as the auditor. The successful passing of these resolutions reinforces the company’s governance and operational continuity, potentially impacting its market positioning positively.
The most recent analyst rating on (HK:2638) stock is a Buy with a HK$5.80 price target. To see the full list of analyst forecasts on HK Electric Investments & HK Electric Investments stock, see the HK:2638 Stock Forecast page.
HK Electric Investments has announced the appointment of Ms. KOH Poh Wah as a member of its Nomination Committee, effective from May 21, 2025. This strategic appointment is expected to enhance the governance and decision-making processes within the company, potentially impacting its operational efficiency and stakeholder relations.
The most recent analyst rating on (HK:2638) stock is a Buy with a HK$5.80 price target. To see the full list of analyst forecasts on HK Electric Investments & HK Electric Investments stock, see the HK:2638 Stock Forecast page.
HK Electric Investments has announced that the composition of its Trustee-Manager Board and Company Board will remain identical, with 17 directors serving on both boards. This alignment is mandated by the trust deed, ensuring unified governance. The announcement also details the membership of various board committees, highlighting the company’s commitment to structured and transparent corporate governance.
The most recent analyst rating on (HK:2638) stock is a Buy with a HK$5.80 price target. To see the full list of analyst forecasts on HK Electric Investments & HK Electric Investments stock, see the HK:2638 Stock Forecast page.
HK Electric Investments Manager Limited has outlined the terms of reference for its Audit Committee, which was established in 2013. The committee is composed of non-executive directors, with a majority being independent, and is tasked with overseeing the financial reporting and auditing processes of the company. The audit committee’s structure and procedures are designed to ensure transparency and accountability in financial matters, which is crucial for maintaining investor confidence and regulatory compliance.
The most recent analyst rating on (HK:2638) stock is a Buy with a HK$5.80 price target. To see the full list of analyst forecasts on HK Electric Investments & HK Electric Investments stock, see the HK:2638 Stock Forecast page.
HK Electric Investments Limited has outlined the terms of reference for its Audit Committee, emphasizing the committee’s composition and operational procedures. The committee, composed of non-executive directors with a majority being independent, will meet at least twice a year to oversee the company’s auditing processes, ensuring transparency and accountability in financial reporting, which is crucial for maintaining stakeholder trust.
The most recent analyst rating on (HK:2638) stock is a Buy with a HK$5.80 price target. To see the full list of analyst forecasts on HK Electric Investments & HK Electric Investments stock, see the HK:2638 Stock Forecast page.
HK Electric Investments Limited has established a Nomination Committee to ensure adherence to corporate governance standards as per the Hong Kong Stock Exchange’s Listing Rules. The committee, primarily composed of independent non-executive directors, is tasked with reviewing the board’s structure and composition, identifying suitable director candidates, and assessing the independence of directors. This initiative is aimed at enhancing board effectiveness and aligning with the company’s corporate strategy, thereby promoting shareholder value.
The most recent analyst rating on (HK:2638) stock is a Buy with a HK$5.80 price target. To see the full list of analyst forecasts on HK Electric Investments & HK Electric Investments stock, see the HK:2638 Stock Forecast page.
HK Electric Investments has announced its Annual General Meeting (AGM) scheduled for May 21, 2025, to be held as a hybrid meeting both in-person and online. The AGM will address ordinary business matters such as reviewing financial statements, re-electing directors, and appointing auditors. Additionally, a special resolution will be considered to grant the company’s directors a mandate to issue additional shares, not exceeding 10% of the current share capital, under specific conditions. This move could potentially impact the company’s capital structure and market positioning, offering flexibility in raising capital and expanding its operations.
In 2024, HK Electric Investments made significant strides in its sustainability efforts by commissioning a new gas-fired generating unit and retiring older coal-fired units, aligning with Hong Kong’s decarbonization goals. The company maintained a high reliability rating and solid financial performance, with a focus on infrastructure resilience and customer service excellence. The ongoing development plan includes further emission reductions and the rollout of smart meters to enhance energy management. These efforts underscore HK Electric’s commitment to providing reliable and environmentally friendly power, while also promoting energy efficiency and supporting electric vehicle infrastructure.
HK Electric Investments & HK Electric Investments Limited announced a final cash dividend of HKD 0.1609 per share for the financial year ending December 31, 2024. The ex-dividend date is set for April 9, 2025, and the payment will be made on April 23, 2025. This announcement reflects the company’s ongoing commitment to delivering shareholder value and may impact investor sentiment positively, reinforcing its stable position in the utilities sector.