HK Electric Investments and HK Electric Investments Limited (HKCVF)
HK Electric Investments and HK Electric Investments Limited operates in the Regulated Electric industry of the Utilities sector, headquartered in Hong Kong, HK. The stock last traded at $0.67, up 0.00% on the session, giving a market capitalisation of $5.92B. On trailing twelve-month figures it carries a trailing P/E of 18.37, a net margin of 22.4%. Its beta of 0.61 implies it has historically moved less than the broad market.
Operating as an investment holding entity, HK Electric Investments and HK Electric Investments Limited is primarily engaged in the generation, transmission, and supply of electricity across Hong Kong Island and Lamma Island. As of December 31, 2021, the company's power generation infrastructure comprised a diverse mix of assets: six coal-fired units, five oil-fired gas turbines, three gas-fired combined-cycle units, a solar power system, and a wind turbine, together boasting an installed capacity of 3,617 megawatts. Furthermore, the firm oversees an extensive transmission and distribution network spanning 6,734 kilometers, supported by 4,100 substations and 6,300 transformers. Through this comprehensive grid, it delivers power to 584,000 customers across residential, commercial, and industrial sectors. Established in 1889, the company's principal office is located in Hong Kong.
HK Electric Investments and HK Electric Investments Limited is most often compared with the following Utilities names: