HK Electric Investments and HK Electric Investments Limited (HKG:2638)

Hong Kong · Delayed Price · Currency is HKD

6.53

+0.07 (1.08%)

Aug 3, 2026, 4:08 PM HKT

HKG:2638 Financials Overview

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

Millions HKD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	12,125	12,125	12,057	11,406	10,793	11,344
Revenue Growth	0.61%	0.56%	5.71%	5.68%	-4.86%	9.19%
Net Income	3,149	3,149	3,111	3,156	2,954	2,933
Earnings Per Share	0.36	0.36	0.35	0.36	0.33	0.33
EPS Growth	-0.51%	1.22%	-1.43%	6.84%	0.72%	7.36%

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	125	125	121	114	415	119
Total Debt	50,559	50,559	50,857	50,209	51,213	46,627
Net Cash (Debt)	-50,434	-50,434	-50,736	-50,095	-50,798	-46,508
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-5.71	-5.71	-5.74	-5.67	-5.75	-5.26

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	7,292	7,292	6,375	8,071	4,768	6,189
Capital Expenditures	-3,902	-3,902	-4,000	-4,279	-5,761	-4,826
Free Cash Flow	3,390	3,390	2,375	3,792	-993	1,363
Free Cash Flow Growth	46.75%	42.74%	-37.37%	-	-	20.83%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Pretax Margin	31.63%	31.63%	31.95%	33.33%	33.20%	32.33%
Profit Margin	25.97%	25.97%	25.80%	27.67%	27.37%	25.86%
FCF Margin	27.96%	27.96%	19.70%	33.25%	-9.20%	12.02%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.320	0.320	0.320	0.320	0.320	0.320
Dividend Per Share Growth	0%	0%	0%	0%	0%	0%
Dividend Yield	4.96%	5.21%	6.56%	7.86%	7.64%	5.39%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	18.32	17.68	15.05	13.19	15.47	23.05
Forward PE	17.79	16.58	14.15	12.89	15.02	22.49
P/FCF Ratio	17.02	16.42	19.72	10.98	-	49.59
PS Ratio	4.76	4.59	3.88	3.65	4.23	5.96