Power Assets Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Canada, mainland China, Netherlands, New Zealand, Thailand, the United States, and internationally. It generates energy from thermal, renewable energy, and waste sources. The company also develops green energy; distributes oil and gas; and provides trust administration and management services. Power Assets Holdings Limited was formerly known as Hongkong Electric Holdings Limited and changed its name to Power Assets Holdings Limited in February 2011. The company was founded in 1889 and is based in Central, Hong Kong.
Research context
Power Assets Holdings Limited appears in PyInvesting’s Hong Kong Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- HKD
- Sector
- Utilities
- Industry
- Utilities - Independent Power Producers
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
5 years, 6 months ago
Power Assets Holdings Limited is currently in a long term uptrend where the price is trading 8.7% above its 200 day moving average.
From a valuation standpoint, the stock is 1961.6% more expensive than other stocks from the Utilities sector with a price to sales ratio of 75.0.
Power Assets Holdings Limited's total revenue sank by 2.0% to $669M since the same quarter in the previous year.
Its net income has increased by 15.9% to $4B since the same quarter in the previous year.
Finally, its free cash flow fell by 137.2% to $-150M since the same quarter in the previous year.
Based on the above factors, Power Assets Holdings Limited gets an overall score of 2/5.