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

HKG:2638 Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	28	30	21	325	34
Short-Term Investments	97	91	93	90	85
Accounts Receivable	1,123	1,124	1,213	1,390	1,018
Other Receivables	120	141	162	150	50
Inventory	931	982	1,003	1,446	904
Other Current Assets	11	2	1	1,893	256
Total Current Assets	2,310	2,370	2,493	5,294	2,347
Property, Plant & Equipment	80,114	79,950	79,824	78,960	76,740
Goodwill	33,623	33,623	33,623	33,623	33,623
Long-Term Investments	929	887	895	793	477
Other Long-Term Assets	1,475	1,669	1,705	2,332	1,641
Total Assets	118,451	118,499	118,540	121,002	114,828
Accounts Payable	2,590	2,742	3,381	4,718	3,970
Short-Term Debt	-	45	44	-	-
Current Portion of Long-Term Debt	22,477	727	715	557	1,233
Current Unearned Revenue	68	42	33	63	78
Current Portion of Leases	2	1	2	-	1
Current Income Taxes Payable	194	224	889	149	506
Other Current Liabilities	631	217	54	40	29
Total Current Liabilities	25,962	3,998	5,118	5,527	5,817
Long-Term Debt	28,079	50,083	49,447	50,655	45,393
Long-Term Leases	1	1	1	1	-
Pension & Post-Retirement Benefits	8	56	191	158	350
Long-Term Deferred Tax Liabilities	10,046	10,140	10,124	10,495	9,982
Other Long-Term Liabilities	5,040	4,931	4,681	4,833	4,893
Total Liabilities	69,136	69,209	69,562	71,669	66,435
Total Preferred Equity	4	4	4	4	4
Common Stock	4	4	4	4	4
Additional Paid-In Capital	47,472	47,472	47,472	47,472	47,472
Retained Earnings	2,327	1,872	1,420	1,065	909
Comprehensive Income & Other	-492	-62	78	788	4
Total Common Equity	49,311	49,286	48,974	49,329	48,389
Shareholders' Equity	49,315	49,290	48,978	49,333	48,393
Total Liabilities & Equity	118,451	118,499	118,540	121,002	114,828
Total Debt	50,559	50,857	50,209	51,213	46,627
Net Cash (Debt)	-50,434	-50,736	-50,095	-50,798	-46,508
Net Cash Per Share	-5.71	-5.74	-5.67	-5.75	-5.26
Filing Date Shares Outstanding	8,836	8,836	8,836	8,836	8,836
Total Common Shares Outstanding	8,836	8,836	8,836	8,836	8,836
Working Capital	-23,652	-1,628	-2,625	-233	-3,470
Book Value Per Share	5.58	5.58	5.54	5.58	5.48
Tangible Book Value	15,688	15,663	15,351	15,706	14,766
Tangible Book Value Per Share	1.78	1.77	1.74	1.78	1.67
Machinery	75,036	73,183	68,161	65,801	61,455
Construction In Progress	7,244	5,492	10,574	10,870	11,925

Source: S&P Global Market Intelligence. Utility template. Financial Sources.