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Power Assets Holdings Ltd ADR HGKGY Stock Quote

| Rating as of

PINX: HGKGY

Last close prices updated as of Feb 07, 2023, 9:31 AM EST | USD
  • Last Close 5.64
  • Sector Utilities
  • Industry Utilities - Independent Power Producers
  • Investment Style Large Value
  • Day Range 5.60  –  5.60
  • Year Range 4.53  –  6.95
  • Market Cap 11.9342 Bil
  • Volume / Avg 300.0 /  5,563.0
  • Price / Sales 75.03
  • Price / Book 1.09
  • Forward Div Yield 6.37%
  • Trailing Div Yield 6.42%

Morningstar‘s Stock Analysis HGKGY

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1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

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Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

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Key Statistics HGKGY

Company Profile HGKGY

Business Description

Power Assets Holdings is an investment holding company with a focus on regulated utility assets. The firm owns a portfolio of regulated electricity and gas assets and similarly stable utilities in Hong Kong, the U.K., Australia, Canada, Europe, and New Zealand. Profit from its regulated assets make up around 80% of total income, with contribution from its U.K. and Australian assets totaling more than 60% of group profit. The firm is part of CK Hutchison Holdings, a Hong Kong-based multinational conglomerate, and is currently 34% owned by CK Infrastructure Holdings.

Contact
2 Queen's Road Central, Unit 2005, 20th Floor, Cheung Kong Center
Hong Kong, HKG
Industry Utilities - Independent Power Producers
Employees 14

FAQs for Power Assets Holdings Ltd ADR Stock

Yes. HGKGY has a forward dividend yield of 6.37%. See HGKGY’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

HGKGY’s market cap is 11.93 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

HGKGY’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

HGKGY’s price/sales is 75.03.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

HGKGY’s price/forward earnings is 13.93.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

HGKGY’s price/book is 1.09.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See HGKGY’s valuation ratios compared to the Market Index.

HGKGY’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare HGKGY’s historical performance against its industry peers and the overall market.