CLP Holdings Ltd 00002
News
Trading Information
- Previous Close Price
- HK$70.05
- Day Range
- HK$68.80–70.20
- 52-Week Range
- HK$55.40–73.20
- Bid/Ask
- HK$70.15 / HK$70.20
- Market Cap
- HK$177.36 Bil
- Volume/Avg
- 10.5 Mil / 3.2 Mil
Key Statistics
- Price/Earnings (Normalized)
- 16.90
- Price/Sales
- 2.02
- Dividend Yield (Trailing)
- 4.42%
- Dividend Yield (Forward)
- 4.42%
- Total Yield
- 4.42%
Company Profile
CLP Holdings is the larger of the two electric utility companies in Hong Kong, serving 80% of the city population. It generates, transmits and distributes electricity to about 2.6 million customers in Kowloon and the New Territories through its wholly owned network. The business is regulated by the Hong Kong government with a permitted return on net fixed asset of 8.00%. Besides Hong Kong, the company has expanded its reach overseas, with generation and retail assets in Australia and generation assets in China, India, Taiwan, and Southeast Asia. Its Hong Kong activities made up 63% of recurring net profit in 2023.
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Stock Style Box
- Large Core
- Total Number of Employees
- 8,159
- Website
- https://www.clpgroup.com
Competitors
Valuation
|
Metric
|
00002
|
01038
|
00006
|
|---|---|---|---|
Price/Earnings (Normalized) | 16.90 | 16.97 | 16.24 |
Price/Book Value | 1.71 | 1.13 | 1.26 |
Price/Sales | 2.02 | 25.97 | 100.46 |
Price/Cash Flow | 7.09 | 49.04 | 90.60 |
Price/Earnings
00002
01038
00006
Financial Strength
|
Metric
|
00002
|
01038
|
00006
|
|---|---|---|---|
Quick Ratio | 0.50 | 0.49 | 0.47 |
Current Ratio | 0.70 | 0.56 | 0.49 |
Interest Coverage | 7.16 | 9.09 | 42.70 |
Quick Ratio
00002
01038
00006
Profitability
|
Metric
|
00002
|
01038
|
00006
|
|---|---|---|---|
Return on Assets (Normalized) | 4.79% | 5.18% | 7.18% |
Return on Equity (Normalized) | 10.74% | 6.96% | 7.74% |
Return on Invested Capital (Normalized) | 7.09% | 5.70% | 7.43% |
Return on Assets
00002
01038
00006
Utilities - Regulated Electric Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| NextEra Energy Inc
NEE
| Spfvgyrxc | Xyfntd | $173.8 Bil | |||
| Southern Co
SO
| Slnlgghrrk | Vpjcmhg | $98.6 Bil | |||
| Duke Energy Corp
DUK
| Jldvfyvsp | Rvtzsn | $89.6 Bil | |||
| National Grid PLC ADR
NGG
| Tgjgnxm | Kvs | $67.8 Bil | |||
| American Electric Power Co Inc
AEP
| Thhmbyz | Hhvnyr | $54.2 Bil | |||
| PG&E Corp
PCG
| Czltqsls | Lyqp | $51.8 Bil | |||
| Dominion Energy Inc
D
| Ndpkrzzlh | Kprvx | $48.0 Bil | |||
| Public Service Enterprise Group Inc
PEG
| Gfdqxkfjr | Jrvkb | $44.0 Bil | |||
| Exelon Corp
EXC
| Ghtdhkr | Jqkmqkp | $40.4 Bil | |||
| Consolidated Edison Inc
ED
| Hvyxpnsk | Zgks | $36.0 Bil |
United States