HK Electric Investments Ltd
HK Electric Investments Ltd generates and distributes electricity in Hong Kong and operates as a vertically integrated electric utility company.
Business. HK Electric Investments Ltd (2638.HK) is an electric utilities company operating within the broader utilities sector. The firm is headquartered in Hong Kong and is primarily listed on the Hong Kong Stock Exchange. As specific segment and geographic details are not provided, the company is described at the industry level as a provider of electric utility services.
Analyst recommendations
6 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Peers
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated · Duke Energy (DUK)
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated · NextEra Energy (NEE)
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated · Southern Company (SO)
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
HK Electric Investments Ltd (2638.HK) is an electric utilities company operating within the broader utilities sector. The firm is headquartered in Hong Kong and is primarily listed on the Hong Kong Stock Exchange. As specific segment and geographic details are not provided, the company is described at the industry level as a provider of electric utility services.
HK Electric Investments Ltd has a market capitalization of 55.23 billion HKD, with a market price of 6.25 HKD per share. The company's shares outstanding are 8.84 billion for both basic and diluted shares, indicating no dilution risk in the near term. Analysts have assigned a mean price target of 7.41 HKD, suggesting a potential upside of 18.6% from the current market price.
The company's profitability and returns are not explicitly detailed in the available data, but as a utility company, it is expected to maintain stable returns and margins. The industry typically prioritizes metrics such as return on equity (ROE) and return on invested capital (ROIC), which are not provided in the valuation snapshot.
HK Electric Investments Ltd operates primarily in Hong Kong, with a significant portion of its revenue derived from this region. The company's geographic exposure is concentrated, which may increase its vulnerability to local economic and regulatory changes.
The company's growth trajectory is not explicitly outlined in the available data. However, the current analyst recommendations suggest a generally positive outlook, with a mean recommendation of 2.33 (on a scale from 1 to 5). The absence of detailed revenue history limits the ability to assess the company's growth potential accurately.
The risk assessment indicates a low dilution risk, with no significant dilution potential in the near term. However, liquidity risk could not be assessed due to the lack of balance-sheet inputs and no going-concern language in the source documents.
Recent events and filings have not been detailed in the available data, making it difficult to assess any recent developments that may impact the company's performance or strategic direction.
- HK Electric Investments Ltd is a vertically integrated electric utility company operating primarily in Hong Kong.
- The company has a market capitalization of 55.23 billion HKD and a market price of 6.25 HKD per share.
- Analysts have assigned a mean price target of 7.41 HKD, indicating a potential upside of 18.6%.
- The company has a low dilution risk, with no significant dilution potential in the near term.
- Liquidity risk could not be assessed due to the lack of balance-sheet inputs and no going-concern language in the source documents.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Revenue HK$12.12B, +0,6% YoY; Operating income −8,0% YoY.
- ▍Revenue HK$12.12B, +0,6% YoY
- ▍Operating income −8,0% YoY
- ▍Net income −7,8% YoY
- ▍Free cash flow +127,0% YoY
- ▍Net margin 25.4%
Revenue HK$12.06B, +5,7% YoY; Operating income +10,3% YoY.
- ▍Revenue HK$12.06B, +5,7% YoY
- ▍Operating income +10,3% YoY
- ▍Net income +12,4% YoY
- ▍Free cash flow +80,0% YoY
- ▍Net margin 27.7%
Revenue HK$11.41B, +5,7% YoY; Operating income +10,4% YoY.
- ▍Revenue HK$11.41B, +5,7% YoY
- ▍Operating income +10,4% YoY
- ▍Net income +1,8% YoY
- ▍Free cash flow +63,1% YoY
- ▍Net margin 26.0%
Revenue HK$10.79B, −4,9% YoY; Operating income −6,9% YoY.
- ▍Revenue HK$10.79B, −4,9% YoY
- ▍Operating income −6,9% YoY
- ▍Net income −11,8% YoY
- ▍Free cash flow −109,8% YoY
- ▍Net margin 27.0%
Revenue HK$11.34B; Operating income HK$4.84B.
- ▍Revenue HK$11.34B
- ▍Operating income HK$4.84B
- ▍Net margin 29.2%
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 0,39 |
| Revenue | —no estimate | —no estimate | 12,7B HKD |
| Operating income | —no estimate | —no estimate | 5,1B HKD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Market Capmarket_price * shares_outstanding_diluted
- HK Electric Investments Ltd Market data — financials · 2026-05-26
- HK Electric Investments Ltd Market data — analyst estimates · 2026-05-26
- HK Electric Investments Ltd Market data — ESG · 2026-05-26
Ownership & reference
Leadership
- Francis ChengChief Executive Officer, Executive Director