What is the Return on Assets (ROA) of HK Electric Investments this year?
The Return on Assets (ROA) of HK Electric Investments is 0.03 undefined this year.
HK Electric Investments ROA 2024
HK Electric Investments ROA
0.03
Ticker
2638.HK
ISIN
HK0000179108
WKN
A1XCDJ
In 2024, HK Electric Investments's return on assets (ROA) was 0.03, a 9.06% increase from the 0.02 ROA in the previous year.
HK Electric Investments Aktienanalyse
What does HK Electric Investments do?
HK Electric Investments Ltd is a leading energy provider in Hong Kong, founded in 1889. The company is listed on the Hong Kong Stock Exchange and has a long history in power supply in the city-state. HK Electric's business model is based on power generation, transmission, and distribution in Hong Kong. The company operates two power plants, Lamma Power Station and Lamma Winds, with a total capacity of 3,595 MW. In 2019, the company's electricity sales amounted to 26,211 GWh, serving over 488,000 customers in Hong Kong. HK Electric offers various products and services, including electricity and gas supply, maintenance services, and consulting. The company also provides smart energy solutions to help customers improve energy efficiency and save costs. For example, the use of smart meters allows customers to better understand their electricity consumption patterns, which can lead to savings. HK Electric is divided into several business segments. The largest segment is power supply, which encompasses power generation, transmission, and distribution. The company also operates a gas supply division, offering a wide range of gas services and products to customers in Hong Kong. Another major business unit is the Engineering Services Division, which provides technical support and maintenance services to customers. HK Electric also focuses on sustainability and the development of renewable energy. The company aims to source 20% of its power supply from renewable sources by 2030. An example of this is the Lamma Winds project, consisting of 9 turbines with a capacity of 100 MW. Overall, HK Electric has demonstrated strong financial performance in recent years and has a stable dividend yield. The company has also invested in infrastructure and technology to improve its services and be more innovative. Overall, HK Electric is an important electricity provider in Hong Kong with a central role in the power supply infrastructure. The company offers a wide range of products and services tailored to the various needs of its customers. The company's focus on sustainability and renewable energy is also very positive, demonstrating its commitment to future sustainability and long-term growth. HK Electric Investments ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding HK Electric Investments's Return on Assets (ROA)
HK Electric Investments's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing HK Electric Investments's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider HK Electric Investments's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in HK Electric Investments’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about HK Electric Investments Stock
What was the ROA of HK Electric Investments compared to the previous year?
The ROA of HK Electric Investments has increased by 9.06% compared to the previous year.
What consequences do high ROA have for investors of HK Electric Investments?
A high ROA is advantageous for investors of HK Electric Investments, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in HK Electric Investments?
A low ROA can be unfavorable for investors of HK Electric Investments as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of HK Electric Investments affect the company?
An increase in ROA of HK Electric Investments can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of HK Electric Investments impact the company?
A reduction in the ROA of HK Electric Investments can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of HK Electric Investments?
Some factors that can influence the ROA of HK Electric Investments include revenue, operating costs, asset structure, and industry average.
Why is the ROA of HK Electric Investments important for investors?
The ROA of HK Electric Investments is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can HK Electric Investments take to improve ROA?
To improve ROA, HK Electric Investments can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does HK Electric Investments pay?
Over the past 12 months, HK Electric Investments paid a dividend of 0.32 HKD . This corresponds to a dividend yield of about 6.51 %. For the coming 12 months, HK Electric Investments is expected to pay a dividend of 0.32 HKD.
What is the dividend yield of HK Electric Investments?
The current dividend yield of HK Electric Investments is 6.51 %.
When does HK Electric Investments pay dividends?
HK Electric Investments pays a quarterly dividend. This is distributed in the months of September, April, September, May.
How secure is the dividend of HK Electric Investments?
HK Electric Investments paid dividends every year for the past 14 years.
What is the dividend of HK Electric Investments?
For the upcoming 12 months, dividends amounting to 0.32 HKD are expected. This corresponds to a dividend yield of 6.52 %.
In which sector is HK Electric Investments located?
HK Electric Investments is assigned to the 'Utilities' sector.
Wann musste ich die Aktien von HK Electric Investments kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of HK Electric Investments from 4/17/2024 amounting to 0.161 HKD, you needed to have the stock in your portfolio before the ex-date on 4/5/2024.
When did HK Electric Investments pay the last dividend?
The last dividend was paid out on 4/17/2024.
What was the dividend of HK Electric Investments in the year 2023?
In the year 2023, HK Electric Investments distributed 0.32 HKD as dividends.
In which currency does HK Electric Investments pay out the dividend?
The dividends of HK Electric Investments are distributed in HKD.
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Andere Kennzahlen von HK Electric Investments
Our stock analysis for HK Electric Investments Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of HK Electric Investments Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- HK Electric Investments Revenue
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- HK Electric Investments P/E
- HK Electric Investments P/S
- HK Electric Investments EBIT
- HK Electric Investments Dividend
- HK Electric Investments Stocks
- HK Electric Investments Market capitalization
- HK Electric Investments Debt
- HK Electric Investments Liabilities
- HK Electric Investments Equity
- HK Electric Investments AAQS
- HK Electric Investments Employees
- HK Electric Investments ROE
- HK Electric Investments ROA
- HK Electric Investments ROCE
