Power Assets Holdings Limited
Power Assets Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, and internationally. It generates energy from thermal, renewable energy, and waste sources. The company also transmits and distributes oil and gas; and provides trust administration and management services. Power Assets… Read more
Power Assets Holdings Limited (HGKGF) - Net Assets
Latest net assets as of June 2025: $88.92 Billion USD
Based on the latest financial reports, Power Assets Holdings Limited (HGKGF) has net assets worth $88.92 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($97.10 Billion) and total liabilities ($8.18 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $88.92 Billion |
| % of Total Assets | 91.58% |
| Annual Growth Rate | 3.88% |
| 5-Year Change | 2.73% |
| 10-Year Change | -29.55% |
| Growth Volatility | 20.05 |
Power Assets Holdings Limited - Net Assets Trend (2008–2024)
This chart illustrates how Power Assets Holdings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Power Assets Holdings Limited (2008–2024)
The table below shows the annual net assets of Power Assets Holdings Limited from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $87.08 Billion | -1.89% |
| 2023-12-31 | $88.75 Billion | +2.18% |
| 2022-12-31 | $86.86 Billion | +0.10% |
| 2021-12-31 | $86.77 Billion | +2.36% |
| 2020-12-31 | $84.77 Billion | -0.85% |
| 2019-12-31 | $85.49 Billion | +2.32% |
| 2018-12-31 | $83.56 Billion | -12.58% |
| 2017-12-31 | $95.58 Billion | -19.28% |
| 2016-12-31 | $118.41 Billion | -4.20% |
| 2015-12-31 | $123.60 Billion | +0.41% |
| 2014-12-31 | $123.09 Billion | +77.26% |
| 2013-12-31 | $69.44 Billion | +10.16% |
| 2012-12-31 | $63.03 Billion | +8.92% |
| 2011-12-31 | $57.87 Billion | +3.09% |
| 2010-12-31 | $56.14 Billion | +7.66% |
| 2009-12-31 | $52.14 Billion | +10.18% |
| 2008-12-31 | $47.33 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Power Assets Holdings Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 8598700000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $85.99 Billion | 98.75% |
| Common Stock | $6.61 Billion | 7.59% |
| Other Comprehensive Income | $-5.52 Billion | -6.34% |
| Total Equity | $87.08 Billion | 100.00% |
Power Assets Holdings Limited Competitors by Market Cap
The table below lists competitors of Power Assets Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Foshan Haitian Flavouring and Food Co Ltd
SHG:603288
|
$8.13 Billion |
|
China Development Financial Holding Corp
TW:2883
|
$8.13 Billion |
|
Littelfuse Inc
NASDAQ:LFUS
|
$8.13 Billion |
|
Watts Water Technologies Inc
NYSE:WTS
|
$8.14 Billion |
|
China Molybdenum Co. Ltd
PINK:CMCLF
|
$8.12 Billion |
|
CAE Inc.
NYSE:CAE
|
$8.12 Billion |
|
Continental AG O.N.
LSE:0LQ1
|
$8.12 Billion |
|
Swiss Prime Site AG
PINK:SWPRF
|
$8.10 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Power Assets Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 88,752,000,000 to 87,076,000,000, a change of -1,676,000,000 (-1.9%).
- Net income of 6,119,000,000 contributed positively to equity growth.
- Dividend payments of 6,010,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 83,315,000,000.
- Other factors increased equity by 81,530,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.12 Billion | +7.03% |
| Dividends Paid | $6.01 Billion | -6.9% |
| Other Comprehensive Income | $-83.31 Billion | -95.68% |
| Other Changes | $81.53 Billion | +93.63% |
| Total Change | $- | -1.89% |
Book Value vs Market Value Analysis
This analysis compares Power Assets Holdings Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.15x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.27x to 0.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $22.17 | $5.96 | x |
| 2009-12-31 | $24.43 | $5.96 | x |
| 2010-12-31 | $26.30 | $5.96 | x |
| 2011-12-31 | $27.12 | $5.96 | x |
| 2012-12-31 | $29.53 | $5.96 | x |
| 2013-12-31 | $32.53 | $5.96 | x |
| 2014-12-31 | $57.67 | $5.96 | x |
| 2015-12-31 | $57.91 | $5.96 | x |
| 2016-12-31 | $55.48 | $5.96 | x |
| 2017-12-31 | $44.78 | $5.96 | x |
| 2018-12-31 | $39.15 | $5.96 | x |
| 2019-12-31 | $40.06 | $5.96 | x |
| 2020-12-31 | $39.72 | $5.96 | x |
| 2021-12-31 | $40.65 | $5.96 | x |
| 2022-12-31 | $40.71 | $5.96 | x |
| 2023-12-31 | $41.65 | $5.96 | x |
| 2024-12-31 | $40.86 | $5.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Power Assets Holdings Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.03%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 90.33%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.08x
- Recent ROE (7.03%) is below the historical average (12.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 16.96% | 62.86% | 0.19x | 1.45x | $3.30 Billion |
| 2009 | 12.84% | 64.43% | 0.14x | 1.44x | $1.48 Billion |
| 2010 | 12.92% | 69.94% | 0.11x | 1.65x | $1.64 Billion |
| 2011 | 15.60% | 88.52% | 0.11x | 1.64x | $3.24 Billion |
| 2012 | 15.32% | 92.73% | 0.10x | 1.61x | $3.35 Billion |
| 2013 | 15.52% | 105.43% | 0.10x | 1.52x | $3.83 Billion |
| 2014 | 49.63% | 2866.49% | 0.02x | 1.11x | $48.78 Billion |
| 2015 | 6.26% | 591.13% | 0.01x | 1.10x | $-4.63 Billion |
| 2016 | 5.42% | 498.21% | 0.01x | 1.10x | $-5.42 Billion |
| 2017 | 8.70% | 585.85% | 0.01x | 1.12x | $-1.24 Billion |
| 2018 | 9.14% | 491.06% | 0.02x | 1.09x | $-719.70 Million |
| 2019 | 8.34% | 529.01% | 0.01x | 1.09x | $-1.42 Billion |
| 2020 | 7.23% | 482.83% | 0.01x | 1.10x | $-2.34 Billion |
| 2021 | 7.08% | 481.19% | 0.01x | 1.09x | $-2.54 Billion |
| 2022 | 6.50% | 446.56% | 0.01x | 1.09x | $-3.04 Billion |
| 2023 | 6.76% | 464.63% | 0.01x | 1.08x | $-2.87 Billion |
| 2024 | 7.03% | 90.33% | 0.07x | 1.08x | $-2.59 Billion |
Industry Comparison
This section compares Power Assets Holdings Limited's net assets metrics with peer companies in the Utilities - Independent Power Producers industry.
Industry Context
- Industry: Utilities - Independent Power Producers
- Average net assets among peers: $8,322,665,380
- Average return on equity (ROE) among peers: -32.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Power Assets Holdings Limited (HGKGF) | $88.92 Billion | 16.96% | 0.09x | $8.13 Billion |
| AGL Energy Ltd (AGLXY) | $6.52 Billion | 6.30% | 1.16x | $3.74 Billion |
| Constellation Energy Corp (CEG) | $15.83 Billion | 7.11% | 2.10x | $103.57 Billion |
| CGN New Energy Holdings Co. Ltd (CGEGF) | $1.69 Billion | 15.85% | 3.95x | $289.43 Million |
| CGN Power Co. Ltd (CGNWF) | $24.05 Billion | 6.27% | 1.61x | $3.13 Billion |
| Capital Power Corporation (CPXWF) | $2.93 Billion | 4.64% | 2.04x | $4.85 Billion |
| Centrica plc (CPYYF) | $1.64 Billion | -9.44% | 5.75x | $8.61 Billion |
| China Resources Power Holdings Company Limited (CRPJF) | $30.16 Billion | 5.69% | 1.64x | $5.01 Billion |
| Digihost Technology Inc (DGHI) | $10.44 Million | -49.70% | 0.58x | $32.68 Million |
| Digi Power X Inc. (DGXX) | $9.18 Million | -315.50% | 0.74x | $65.69 Million |
| Energy World Corporation Ltd (EWCLF) | $390.67 Million | 5.31% | 0.59x | $5.35 Million |