HK Electric Investments and HK Electric Investments Limited (HKVTY)
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 $7.80, up 0.00% on the session, giving a market capitalisation of $6.89B. 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.
HK Electric Investments and HK Electric Investments Limited functions as an investment holding entity, primarily dedicated to the generation, transmission, and supply of electricity across Hong Kong Island and Lamma Island. As of December 31, 2021, its power infrastructure boasted a collective installed capacity of 3,617 megawatts, drawing from a diverse portfolio that included six coal-fired units, five oil-fueled gas turbines, three natural gas combined-cycle units, a solar power system, and a single wind turbine. The company also maintains an extensive electrical grid, featuring 6,734 kilometers of transmission and distribution cabling, alongside 4,100 substations and 6,300 transformers. Through this vast network, it delivers power to 584,000 customers, encompassing residential, commercial, and industrial users. This long-standing firm was established in 1889 and is headquartered in Hong Kong.
HK Electric Investments and HK Electric Investments Limited is most often compared with the following Utilities names: