Power Assets has reported a net income of HK$6.00 billion for the financial year, which is higher than the estimated HK$5.9 billion.
The company’s revenue was HK$1.29 billion, slightly below the estimated HK$1.34 billion.
Earnings per share (EPS) stood at HK$2.82.
A final dividend per share of HK$2.04 has been declared.
The company has received 6 buy recommendations, 4 hold recommendations and 0 sell recommendations.
A look at Power Assets Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Power Assets Holdings Limited, a company that invests in power generation, transmission, and distribution, as well as gas distribution, has received favorable scores from Smartkarma for its long-term outlook. According to the Smart Scores, which range from 1 to 5, with higher scores indicating a better outlook, Power Assets Holdings has scored a 3 for value, 4 for dividend, 4 for growth, 4 for resilience, and an impressive 5 for momentum.
This is good news for Power Assets Holdings, which has investments in various countries including Hong Kong, Australia, Canada, China, New Zealand, and Thailand. The high scores in dividend, growth, resilience, and momentum suggest that the company is well-positioned for long-term success and growth. Additionally, the score of 3 for value indicates that the company’s stock may be undervalued, making it an attractive investment option for investors. Overall, Power Assets Holdings has a bright future ahead according to the Smartkarma Smart Scores.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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