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HK Electric Investments and HK Electric Investments (HKSE:02638) Book Value per Share : HK$5.54 (As of Dec. 2023)


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What is HK Electric Investments and HK Electric Investments Book Value per Share?

HK Electric Investments and HK Electric Investments's book value per share for the quarter that ended in Dec. 2023 was HK$5.54.

During the past 12 months, HK Electric Investments and HK Electric Investments's average Book Value Per Share Growth Rate was -0.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of HK Electric Investments and HK Electric Investments was 0.90% per year. The lowest was -1.30% per year. And the median was -0.20% per year.

HK Electric Investments and HK Electric Investments's current price is HK$4.73. Its book value per share for the quarter that ended in Dec. 2023 was HK$5.54. Hence, today's PB Ratio of HK Electric Investments and HK Electric Investments is 0.85.

During the past 11 years, the highest P/B Ratio of HK Electric Investments and HK Electric Investments was 1.50. The lowest was 0.77. And the median was 1.31.

Good Sign:

HK Electric Investments and HK Electric Investments Ltd stock PB Ratio (=0.85) is close to 10-year low of 0.77


HK Electric Investments and HK Electric Investments Book Value per Share Historical Data

The historical data trend for HK Electric Investments and HK Electric Investments's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

HK Electric Investments and HK Electric Investments Book Value per Share Chart

HK Electric Investments and HK Electric Investments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.49 5.40 5.48 5.58 5.54

HK Electric Investments and HK Electric Investments Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.48 5.53 5.58 5.53 5.54

Competitive Comparison of HK Electric Investments and HK Electric Investments's Book Value per Share

For the Utilities - Regulated Electric subindustry, HK Electric Investments and HK Electric Investments's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HK Electric Investments and HK Electric Investments's PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, HK Electric Investments and HK Electric Investments's PB Ratio distribution charts can be found below:

* The bar in red indicates where HK Electric Investments and HK Electric Investments's PB Ratio falls into.



HK Electric Investments and HK Electric Investments Book Value per Share Calculation

HK Electric Investments and HK Electric Investments's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(48,978-0)/8,836
=5.54

HK Electric Investments and HK Electric Investments's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(48,978-0)/8,836
=5.54

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


HK Electric Investments and HK Electric Investments  (HKSE:02638) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


HK Electric Investments and HK Electric Investments Book Value per Share Related Terms

Thank you for viewing the detailed overview of HK Electric Investments and HK Electric Investments's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


HK Electric Investments and HK Electric Investments (HKSE:02638) Business Description

Traded in Other Exchanges
Address
44 Kennedy Road, Hong Kong Electric Centre, Hong Kong, HKG
HK ELECTRIC INVESTMENTS LIMITED is a fixed single investment trust in Hong Kong with a focus on the power industry. The Company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. Its principal operating subsidiary is The Hongkong Electric Company, Limited (HEC). HEC's sole power generation facility is the Lamma Power Station which has an aggregate installed capacity of approximately 3,700 megawatt (MW). The Company provides electricity to approximately 568,000 registered customers on Hong Kong Island and Lamma Island.

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