Power assets HKG:0006 – Hong Kong Blue Chip stock

Blue Chip Stock Power assets HKG:0006 Power Assets Holdings Ltd (0006.HK) is an investment holding company mainly engaged in the energy and utility-related businesses. The Company operates its business through three segments. The Investment segment is involved in the investment in power and utility-related businesses. The Investment in HKEI segment is involved in the investment in generation and supply of electricity business in Hong Kong. Power Assets HKG:0006 business insists of generation of thermal and renewable power, the transmission of electricity and oil as well as the distribution of electricity and gas. The Company distributes its products within the domestic market and to overseas markets, including United Kingdom, Australia, New Zealand, Thailand, the Netherlands, Portugal and Canada.

Updated: August 5, 2023

Ex Dividend: 31-Aug

Quick glance,

• Price-to-earnings (P/E ratio): 14.83
• Price-to-Book ratio : 0.96 preferably <1 although some value investors like it till <3
• Earnings per Share (EPS): 2.69
• BETA: 0.41

A Beta greater than 1.0 might indicate that the stock is more volatile than the market. A Beta less than 1.0 indicates a stock with lower volatility.

The Hong Kong Blue Chips are an inspiring bunch of stocks that define Hong Kong’s  finest companies.

Champion members, please go to the members area and see the Blue Chip file that specifies undervalued stocks. There is one other file of companies that are Blue Chip Value companies AND have a dividend growth strategy in place. Those files make it easier for you and your financial team to sort out your next opportunity.