- HK Electric’s net income for the financial year has exceeded the estimated figures.
- The recorded net income was HK$3.16 billion, beating the estimated HK$3.02 billion.
- However, the revenue was slightly less than expected, with a recorded HK$11.41 billion against the anticipated HK$11.73 billion.
- The Ebitda also fell short of estimates, with HK$8.03 billion reported against the expected HK$8.27 billion.
- The final distribution per share stands at 16.09 HK cents.
- The performance has led to 7 buys, with no holds or sells.
A look at HK Electric Investments Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
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
HK Electric Investments is a trust in Hong Kong that focuses on investing in the power industry. The trust, known as HK Electric Investments Limited, has a fixed single investment structure. This means that it is primarily focused on investing in the power industry in Hong Kong. The trust’s operations include generating, transmitting, distributing, and supplying electricity to Hong Kong Island and Lamma Island.
When looking at the long-term outlook for HK Electric Investments, it is important to consider the Smartkarma Smart Scores. These scores, which range from 1 to 5, provide an overall indication of the company’s outlook. HK Electric Investments has received a score of 3 for value, 4 for both dividend and growth, 2 for resilience, and 4 for momentum. This means that the company has a solid outlook for the future, with strong potential for growth and a focus on providing value to investors through dividends. However, it may face some challenges in terms of resilience, which could impact its overall performance in the long run.
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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