CLP Holdings Limited

HKSE 0002.HK

CLP Holdings Limited Debt to Equity Ratio for the year ending December 31, 2023: 0.54

CLP Holdings Limited Debt to Equity Ratio is 0.54 for the year ending December 31, 2023, a -10.51% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • CLP Holdings Limited Debt to Equity Ratio for the year ending December 31, 2022 was 0.61, a 8.48% change year over year.
  • CLP Holdings Limited Debt to Equity Ratio for the year ending December 31, 2021 was 0.56, a 5.29% change year over year.
  • CLP Holdings Limited Debt to Equity Ratio for the year ending December 31, 2020 was 0.53, a -0.85% change year over year.
  • CLP Holdings Limited Debt to Equity Ratio for the year ending December 31, 2019 was 0.54, a 0.80% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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HKSE: 0002.HK

CLP Holdings Limited

CEO Mr. Tung Keung Chiang BSc(Eng.), CEng, MBA, MHKIE, MIET, MSc
IPO Date Jan. 4, 2000
Location Hong Kong
Headquarters 8 Laguna Verde Avenue
Employees 8,159
Sector Utilities
Industries
Description

CLP Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Southeast Asia, Taiwan, and Australia. The company generates electricity through coal, gas, nuclear, and renewable resources, such as wind, hydro, and solar. It serves 5.15 million retail customers in Hong Kong and Australia. The company is also involved in the provision of pumped storage services, and energy and infrastructure solutions; property investment activities; and retail of electricity and gas. It has generating capacity of 20,018 equity megawatts; and 16,834 kilometers of transmission and high voltage distribution lines. CLP Holdings Limited was founded in 1901 and is based in Hung Hom, Hong Kong.

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StockViz Staff

January 15, 2025

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