Power Assets Holdings Limited (HKG:0006)

Power Assets Holdings Income Statement

Financials in millions HKD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	919	1,292	1,265	1,276	1,270
Other Revenue	-	-	-	353	193
Revenue	919	1,292	1,265	1,629	1,463
Revenue Growth (YoY)	-28.87%	2.13%	-22.35%	11.35%	8.53%
Selling, General & Admin	424	421	-	111	120
Depreciation & Amortization	3	4	-	3	4
Other Operating Expenses	33	32	101	29	30
Total Operating Expenses	460	457	101	143	154
Operating Income	459	835	1,164	1,486	1,309
Interest Expense	-169	-143	-104	-125	-86
Interest Income	123	218	-	12	56
Net Interest Expense	-46	75	-104	-113	-30
Income (Loss) on Equity Investments	5,855	5,264	4,778	4,896	5,111
Currency Exchange Gain (Loss)	-7	35	-	3	-190
Other Non-Operating Income (Expenses)	91	43	-	-	-
EBT Excluding Unusual Items	6,352	6,252	5,838	6,272	6,200
Pretax Income	6,352	6,252	5,838	6,272	6,200
Income Tax Expense	233	249	189	132	68
Net Income	6,119	6,003	5,649	6,140	6,132
Net Income to Common	6,119	6,003	5,649	6,140	6,132
Net Income Growth	1.93%	6.27%	-8.00%	0.13%	-14.01%
Shares Outstanding (Basic)	2,131	2,131	2,134	2,134	2,134
Shares Outstanding (Diluted)	2,131	2,131	2,134	2,134	2,134
Shares Change (YoY)	-	-0.11%	-0.03%	-	-
EPS (Basic)	2.87	2.82	2.65	2.88	2.87
EPS (Diluted)	2.87	2.82	2.65	2.88	2.87
EPS Growth	1.93%	6.39%	-7.96%	0.13%	-14.01%
Free Cash Flow	941	1,548	771	939	960
Free Cash Flow Per Share	0.44	0.73	0.36	0.44	0.45
Dividend Per Share	2.820	2.820	2.820	2.820	2.810
Dividend Growth	-	-	-	0.36%	0.36%
Profit Margin	665.83%	464.63%	446.56%	376.92%	419.14%
Free Cash Flow Margin	102.39%	119.81%	60.95%	57.64%	65.62%
EBITDA	460	836	1,165	1,487	1,310
EBITDA Margin	50.05%	64.71%	92.09%	91.28%	89.54%
D&A For EBITDA	1	1	1	1	1
EBIT	459	835	1,164	1,486	1,309
EBIT Margin	49.95%	64.63%	92.02%	91.22%	89.47%
Effective Tax Rate	3.67%	3.98%	3.24%	2.10%	1.10%

Updated Mar 19, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.