HK Electric Investments Stock

HK Electric Investments Market capitalization 2024

HK Electric Investments Market capitalization

47.63 B HKD

Ticker

2638.HK

ISIN

HK0000179108

WKN

A1XCDJ

In 2024, HK Electric Investments's market cap stood at 47.63 B HKD, a 22.61% increase from the 38.84 B HKD market cap in the previous year.

The HK Electric Investments Market capitalization history

YEARMarket Capitalization (undefined HKD)
202342.22
202260.41
202168.46
202069.57
201969.09
201866.81
201762.13
201661.72
201548.46
201442.23
2013-
2012-
2011-
2010-

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.

Market capitalization Details

Exploring HK Electric Investments's Market Capitalization

HK Electric Investments's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of HK Electric Investments's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

HK Electric Investments's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in HK Electric Investments’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about HK Electric Investments stock

What is the current HK Electric Investments market capitalization?

The current market capitalization of HK Electric Investments is 47.63 B HKD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like HK Electric Investments.

How has the market capitalization of HK Electric Investments developed in recent years?

The market capitalization of HK Electric Investments has increased/decreased by 22.61% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of HK Electric Investments?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of HK Electric Investments?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of HK Electric Investments have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

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 5.94 %. 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 5.94 %.

When does HK Electric Investments pay dividends?

HK Electric Investments pays a quarterly dividend. This is distributed in the months of September, May, September, September.

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 5.95 %.

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 9/6/2024 amounting to 0.02 HKD, you needed to have the stock in your portfolio before the ex-date on 8/28/2024.

When did HK Electric Investments pay the last dividend?

The last dividend was paid out on 9/6/2024.

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.