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1 Comment
Power Assets Holdings Limited is currently in a long term uptrend where the price is trading 10.6% above its 200 day moving average.
From a valuation standpoint, the stock is 427.8% more expensive than other stocks from the Utilities sector with a price to sales ratio of 74.9.
Power Assets Holdings Limited's total revenue sank by 0.0% to $342M since the same quarter in the previous year.
Its net income has dropped by 0.0% to $2B 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 1/5.
Industry | Utilities-Independent Power Producers |
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Sector | Utilities |
ISIN | HK0006000050 |
CurrencyCode | EUR |
Exchange | F |
Beta | 0.53 |
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Dividend Yield | 7.0% |
Target Price | None |
PE Ratio | 13.61 |
Market Cap | 11B |
Power Assets Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. It generates energy from thermal, renewable energy, and waste sources. The company also transmits and distributes oil and gas; and provides trust administration and management services. It has a generation capacity of 948 MW renewable energy/energy from waste, 5,258 MW gas fired, and 3,569 MW coal/oil fired; and operates 114,600 km of gas/oil pipeline, as well as 405,500 km of power network serving 19,457,000 customers. The company was formerly known as Hongkong Electric Holdings Limited and changed its name to Power Assets Holdings Limited in February 2011. Power Assets Holdings Limited was founded in 1889 and is based in Central, Hong Kong.
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