CLP Holdings Limited (0002) Stock Price, Fundamentals & Analysis

What 0002 does

CLP Holdings Limited (0002) is an investment holding company that generates, transmits, and distributes electricity across Hong Kong, Mainland China, India, Thailand, Taiwan, and Australia. It produces power from coal, gas, nuclear, and renewable sources such as wind, hydro, and solar, and also offers pumped storage services, energy infrastructure solutions, and property investment activities. Founded in 1901, the company is headquartered in Kowloon, Hong Kong, and is part of the Hang Seng index. In the Hong Kong utilities space, peers include Hong Kong and China Gas Company Limited (0003), Cheung Kong Infrastructure Holdings Limited (1038), China Resources Power (0836), and Power Assets Holdings Limited (0006), while international comparisons often include PG&E Corporation (PCG) and NextEra Energy (NEE).

Key numbers explained

• The price of 76,3 HKD is the most recent trading price of CLP Holdings Limited (0002) on the Hong Kong Stock Exchange.
• The trailing P/E ratio of 17,8 divides the current share price by the last twelve months of earnings per share (4,28 HKD), showing how much investors pay per dollar of recent earnings.
• The forward P/E ratio of 15,1 uses expected future earnings, which can be lower if the market anticipates growth or margin improvement.
• The dividend yield of 4,19% tells you the annual dividend payment as a percentage of the current share price, reflecting the company's income return.
• The ex-dividend date of 2 sept. 2026 is the cutoff: buyers on or after this date do not receive the next dividend.
• The debt-to-equity ratio of 56,6% compares total debt to shareholders' equity, indicating the company's financial leverage.
• The beta of 0,56 suggests the stock tends to move about half as much as the broader market, typical for regulated utilities.
• The 192,77 mld. HKD market capitalisation is the total value of all outstanding shares, calculated by multiplying the share price by the number of shares.

What to watch

• Regulatory decisions in Hong Kong and other operating regions can affect pricing and allowed returns, which in turn influence revenue and profit margins.
• Fuel costs and energy mix decisions (coal, gas, nuclear, renewables) impact generation costs and long-term profitability.
• Interest rate environments affect the attractiveness of utility stocks with stable dividends, as well as the cost of debt for companies with a 56,6% debt-to-equity ratio.
• Weather patterns and energy demand trends drive electricity consumption, which can affect revenue growth and operating margins.
• Macroeconomic conditions and currency movements across the company's international operations may introduce variability in reported results.