HKT Trust and HKT Limited
HKT Trust and HKT Limited, an investment holding company, engages in the provision of technology, and satellite-and network-based telecommunications and related services in Hong Kong, Mainland China, and internationally. The company operates through Telecommunications Services, Mobile, and Other Businesses segments. It offers voice and unified communications, such as local business telephone serv… Read more
HKT Trust and HKT Limited (HKTTF) - Net Assets
Latest net assets as of December 2024: $39.65 Billion USD
Based on the latest financial reports, HKT Trust and HKT Limited (HKTTF) has net assets worth $39.65 Billion USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($116.81 Billion) and total liabilities ($77.17 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 | $39.65 Billion |
| % of Total Assets | 33.94% |
| Annual Growth Rate | 5.19% |
| 5-Year Change | 4.6% |
| 10-Year Change | 5.06% |
| Growth Volatility | 16.1 |
HKT Trust and HKT Limited - Net Assets Trend (2010–2024)
This chart illustrates how HKT Trust and HKT 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 HKT Trust and HKT Limited (2010–2024)
The table below shows the annual net assets of HKT Trust and HKT Limited from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $39.65 Billion | +12.05% |
| 2023-12-31 | $35.38 Billion | -2.87% |
| 2022-12-31 | $36.43 Billion | -2.06% |
| 2021-12-31 | $37.20 Billion | -1.85% |
| 2020-12-31 | $37.90 Billion | -0.18% |
| 2019-12-31 | $37.97 Billion | +1.00% |
| 2018-12-31 | $37.59 Billion | -0.78% |
| 2017-12-31 | $37.89 Billion | -3.24% |
| 2016-12-31 | $39.16 Billion | +3.77% |
| 2015-12-31 | $37.73 Billion | -0.80% |
| 2014-12-31 | $38.04 Billion | +23.48% |
| 2013-12-31 | $30.80 Billion | -1.00% |
| 2012-12-31 | $31.12 Billion | +0.59% |
| 2011-12-31 | $30.93 Billion | +58.53% |
| 2010-12-31 | $19.51 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to HKT Trust and HKT 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 127.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $6.49 Billion | 16.94% |
| Common Stock | $8.00 Million | 0.02% |
| Other Components | $31.79 Billion | 83.04% |
| Total Equity | $38.28 Billion | 100.00% |
HKT Trust and HKT Limited Competitors by Market Cap
The table below lists competitors of HKT Trust and HKT Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Celcuity LLC
NASDAQ:CELC
|
$3.53 Billion |
|
SUNRISE N
SW:SUNN
|
$3.53 Billion |
|
Fuzhou Rockchip Electronics Co Ltd
SHG:603893
|
$3.53 Billion |
|
Sumitomo Chemical Company Limited
PINK:SOMMF
|
$3.53 Billion |
|
Avanza Bank Holding AB (publ)
ST:AZA
|
$3.52 Billion |
|
PETRONAS Gas Berhad
PINK:PNAGF
|
$3.52 Billion |
|
Davide Campari-Milano N.V
PINK:DVDCF
|
$3.52 Billion |
|
Amorepacific Corp. (New)
KO:090430
|
$3.52 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HKT Trust and HKT Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 35,312,000,000 to 38,282,000,000, a change of 2,970,000,000 (8.4%).
- Net income of 5,070,000,000 contributed positively to equity growth.
- Dividend payments of 5,861,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 504,579,742.
- Other factors increased equity by 3,256,420,258.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.07 Billion | +13.24% |
| Dividends Paid | $5.86 Billion | -15.31% |
| Other Comprehensive Income | $504.58 Million | +1.32% |
| Other Changes | $3.26 Billion | +8.51% |
| Total Change | $- | 8.41% |
Book Value vs Market Value Analysis
This analysis compares HKT Trust and HKT 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: 0.20x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $4.29 | $1.00 | x |
| 2011-12-31 | $6.55 | $1.00 | x |
| 2012-12-31 | $4.67 | $1.00 | x |
| 2013-12-31 | $4.58 | $1.00 | x |
| 2014-12-31 | $5.35 | $1.00 | x |
| 2015-12-31 | $4.97 | $1.00 | x |
| 2016-12-31 | $5.16 | $1.00 | x |
| 2017-12-31 | $5.00 | $1.00 | x |
| 2018-12-31 | $4.96 | $1.00 | x |
| 2019-12-31 | $5.01 | $1.00 | x |
| 2020-12-31 | $4.99 | $1.00 | x |
| 2021-12-31 | $4.90 | $1.00 | x |
| 2022-12-31 | $4.80 | $1.00 | x |
| 2023-12-31 | $4.66 | $1.00 | x |
| 2024-12-31 | $5.05 | $1.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HKT Trust and HKT 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): 13.24%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.59%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 3.05x
- Recent ROE (13.24%) is above the historical average (10.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 4.78% | 4.99% | 0.27x | 3.50x | $-1.01 Billion |
| 2011 | 3.97% | 6.16% | 0.30x | 2.11x | $-1.85 Billion |
| 2012 | 5.20% | 7.64% | 0.32x | 2.15x | $-1.48 Billion |
| 2013 | 8.03% | 10.77% | 0.35x | 2.15x | $-602.30 Million |
| 2014 | 7.89% | 10.38% | 0.32x | 2.37x | $-802.20 Million |
| 2015 | 10.50% | 11.37% | 0.39x | 2.39x | $187.40 Million |
| 2016 | 12.51% | 14.44% | 0.36x | 2.39x | $979.40 Million |
| 2017 | 13.47% | 15.41% | 0.35x | 2.51x | $1.31 Billion |
| 2018 | 12.85% | 13.71% | 0.36x | 2.60x | $1.07 Billion |
| 2019 | 13.76% | 15.76% | 0.33x | 2.63x | $1.43 Billion |
| 2020 | 14.02% | 16.37% | 0.31x | 2.73x | $1.52 Billion |
| 2021 | 12.95% | 14.16% | 0.31x | 2.95x | $1.09 Billion |
| 2022 | 13.48% | 14.36% | 0.31x | 3.06x | $1.26 Billion |
| 2023 | 14.13% | 14.54% | 0.31x | 3.18x | $1.46 Billion |
| 2024 | 13.24% | 14.59% | 0.30x | 3.05x | $1.24 Billion |
Industry Comparison
This section compares HKT Trust and HKT Limited's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $44,462,353,944
- Average return on equity (ROE) among peers: -3489.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HKT Trust and HKT Limited (HKTTF) | $39.65 Billion | 4.78% | 1.95x | $3.52 Billion |
| Airtel Africa Plc (AARTY) | $2.77 Billion | 7.93% | 3.33x | $6.92 Billion |
| Airborne Wireless Network (ABWN) | $106.58K | -34635.01% | 3.96x | $437.69K |
| Access-Power & Co. Inc (ACCR) | $753.00 | -0.13% | 3.17x | $572.84K |
| Array Digital Infrastructure, Inc. (AD) | $3.69 Billion | 0.33% | 0.85x | $745.85 Million |
| Alvarion Ltd (ALVRQ) | $122.09 Million | -80.66% | 0.76x | $0.97 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $437.83 Billion | 17.39% | 2.70x | $12.75 Billion |
| Alpha One Inc (AOAO) | $27.96 Million | -1.08% | 0.50x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $333.42K | -8.16% | 0.37x | $213.62 |
| Vapor Hub International Inc. (ASHI) | $15.12K | -175.34% | 0.19x | $5.26K |
| Anterix Inc (ATEX) | $180.76 Million | -23.23% | 0.09x | $481.87 Million |