Employees: 498
Size China HK Power Smart Energy (0931.HK) is a Hong Kong Utilities company (Gas Distributors) with a market value of $296M, the 888th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$0.28 on 6 Nov 2026.
Performance Over six months the shares fell 33.3%, against -15.2% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — lowest of 20 in its peer set.
Growth Revenue grew 14.6% over the last twelve months (peer median +0.5%); the operating margin is -14.5% (peer median 7.3%).
Valuation It trades at 8.01× book value against a peer median of 1.00× (most expensive of 21).
Price implies The share price implies a return on equity of about 21.5%; China HK Power Smart Energy delivers -68.7%, so the price asks more than the business earns today.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$818M | HK$818M | HK$713M | HK$453M | HK$215M |
| Revenue growth | — | +15% | +57% | +111% | — |
| Gross profit | -HK$26.0M | -HK$26.0M | HK$67.2M | HK$16.6M | -HK$85.6M |
| EBITDA | -HK$66.2M | -HK$66.2M | -HK$9.27M | -HK$918,000 | -HK$71.5M |
| Net income | -HK$167M | -HK$167M | -HK$106M | -HK$139M | -HK$167M |
| Free cash flow | -HK$124M | -HK$124M | -HK$142M | -HK$176M | -HK$30.8M |
| Capital expenditure | HK$91.5M | HK$91.5M | HK$77.9M | HK$52.2M | HK$44.7M |
| Total debt | n/a | HK$754M | HK$706M | HK$787M | HK$597M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 0931.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -8.2% | -2.9% | 8th lowest of 20 |
| 6-month return | -33.3% | -15.2% | lowest of 20 |
| Return on equity | -68.7% | 8.4% | lowest of 21 |
| Price / book | 8.01× | 1.00× | most expensive of 21 |
| ROE the price implies | 21.5% | 7.5% | 3rd most demanding of 21 |
| ROE delivered | -68.7% | 8.4% | lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| China HK Power Smart Energy 0931.HK | Hong Kong | $296M | -33% | +15% | -69% | 8.01× | 21.5% | -68.7% |
| Samchully 004690.KS | South Korea | $298M | -20% | +1% | 8% | 0.22× | 3.6% | 7.7% |
| Unimot UNT.WA | Poland | $315M | -12% | +5% | 13% | 1.03× | 10.9% | 12.8% |
| E1 Corporation 017940.KS | South Korea | $339M | -27% | +24% | 9% | 0.21× | 3.5% | 9.1% |
| Xinjiang Torch Gas 603080.SS | China | $378M | -19% | +1% | 12% | 1.53× | 10.0% | 12.5% |
| Shinhsiung Natural Gas 8908.TW | Taiwan | $382M | n/a | +2% | 16% | 3.07× | 8.4% | 16.2% |
| Shaanxi Meineng Clean Energy 001299.SZ | China | $411M | -19% | -6% | 7% | 2.42× | 19.2% | 7.2% |
| Yu Group PLC YU..L | United Kingdom | $414M | +3% | +14% | 38% | 3.00× | 33.6% | 38.5% |
| Clean Energy Fuels CLNE | United States | $421M | -14% | +4% | -16% | 0.76× | 11.6% | -16.4% |
| Great Taipei Gas 9908.TW | Taiwan | $435M | -3% | 0% | 7% | 0.97× | 3.5% | 7.5% |
| Sichuan Shengda Forestry Industry 002259.SZ | China | $447M | -27% | -1% | 56% | 6.33× | 37.8% | 56.1% |
| Sala 2734.T | Japan | $456M | +9% | +3% | 8% | 0.75× | 5.3% | 7.8% |
| Hokkaido Gas 9534.T | Japan | $468M | +3% | +1% | 10% | 0.75× | 4.7% | 9.7% |
| Shandong Shengli 000407.SZ | China | $512M | -20% | 0% | 5% | 1.09× | 6.6% | 5.1% |
| Xinjiang East Universe (Group) Gas 603706.SS | China | $521M | -15% | -14% | 13% | 2.03× | 9.3% | 12.9% |
| Top Resource Energy 300332.SZ | China | $556M | -20% | -3% | -6% | 0.96× | 8.5% | -6.1% |
| K&O Energy 1663.T | Japan | $585M | -28% | -1% | 7% | 0.84× | 7.0% | 6.9% |
| Anhui Province Natural Gas Development 603689.SS | China | $601M | -10% | -9% | 10% | 1.06× | 4.9% | 9.7% |
| Saibu Gas 9536.T | Japan | $630M | +23% | -6% | 9% | 0.78× | 3.8% | 9.0% |
| Shizuoka Gas 9543.T | Japan | $631M | -5% | 0% | 7% | 0.72× | 3.6% | 7.4% |
| Shenzhen Guangju Energy 000096.SZ | China | $634M | -18% | +4% | 6% | 1.51× | 8.1% | 6.1% |