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← CockpitCompetitor Analysis › 0931.HK China HK Power Smart Energy Group LimitedOpen in the cockpit ↗

China HK Power Smart Energy Group Limited0931.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Utilities›Gas Distributors
Momentum weak 34
Mkt cap
$296M
US dollars, full cap
Free float
48%
of shares outstanding
$/day
$80,730
20-day average traded
P/B
8.01×
price to book
ROE
-68.7%
delivered
Implied ROE
21.5%
what the price asks
Close · HKDHK$0.28
1D-1.8%
1W-6.7%
1M-8.2%
3M-11.1%
6M-33.3%
YTD-41.7%
1Y-58.8%
ATR %5.7%
52w lowhigh62.7% off high

What China HK Power Smart Energy does

Employees: 498

China HK Power Smart Energy at a glance

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.

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 840931.HK 68
Six months, rebased to 100: China HK Power Smart Energy against the median of its 20 peers (local-currency closes).

China HK Power Smart Energy financials

Reported figures in HKD; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueHK$818MHK$818MHK$713MHK$453MHK$215M
Revenue growth—+15%+57%+111%—
Gross profit-HK$26.0M-HK$26.0MHK$67.2MHK$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 expenditureHK$91.5MHK$91.5MHK$77.9MHK$52.2MHK$44.7M
Total debtn/aHK$754MHK$706MHK$787MHK$597M

Quarterly statements and history in the cockpit →

China HK Power Smart Energy competitor charts

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.

Performance: 6-month against 1-month return

-20%0%+20%-20%0%+20%004690UNT017940603080001299YUCLNE9908002259273495346037063003321663603689953695430000960931.HK6-month return →1-month return →
Up and to the right = strong over both horizons. China HK Power Smart Energy is the large dot.

Fundamentals: return on equity against price-to-book

-50%-25%0%25%00×2.50×50×7.50×004690UNT0179406030808908001299YUCLNE00225960370630033295430931.HKReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. China HK Power Smart Energy is the large dot.

Capital: ROE delivered against the ROE the price implies

-50%-25%0%25%-50%0%004690UNT017940001299YUCLNE0022593003320931.HKROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. China HK Power Smart Energy is the large dot.

China HK Power Smart Energy competitors and peer comparison

How China HK Power Smart Energy compares with its peers

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.

China HK Power Smart Energy against its 20 peers (data as of 6 Nov 2026)
Measure0931.HKPeer medianRank 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 / book8.01×1.00×most expensive of 21
ROE the price implies21.5%7.5%3rd most demanding of 21
ROE delivered-68.7%8.4%lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
China HK Power Smart Energy 0931.HKHong Kong$296M-33%+15%-69%8.01×21.5%-68.7%
Samchully 004690.KSSouth Korea$298M-20%+1%8%0.22×3.6%7.7%
Unimot UNT.WAPoland$315M-12%+5%13%1.03×10.9%12.8%
E1 Corporation 017940.KSSouth Korea$339M-27%+24%9%0.21×3.5%9.1%
Xinjiang Torch Gas 603080.SSChina$378M-19%+1%12%1.53×10.0%12.5%
Shinhsiung Natural Gas 8908.TWTaiwan$382Mn/a+2%16%3.07×8.4%16.2%
Shaanxi Meineng Clean Energy 001299.SZChina$411M-19%-6%7%2.42×19.2%7.2%
Yu Group PLC YU..LUnited Kingdom$414M+3%+14%38%3.00×33.6%38.5%
Clean Energy Fuels CLNEUnited States$421M-14%+4%-16%0.76×11.6%-16.4%
Great Taipei Gas 9908.TWTaiwan$435M-3%0%7%0.97×3.5%7.5%
Sichuan Shengda Forestry Industry 002259.SZChina$447M-27%-1%56%6.33×37.8%56.1%
Sala 2734.TJapan$456M+9%+3%8%0.75×5.3%7.8%
Hokkaido Gas 9534.TJapan$468M+3%+1%10%0.75×4.7%9.7%
Shandong Shengli 000407.SZChina$512M-20%0%5%1.09×6.6%5.1%
Xinjiang East Universe (Group) Gas 603706.SSChina$521M-15%-14%13%2.03×9.3%12.9%
Top Resource Energy 300332.SZChina$556M-20%-3%-6%0.96×8.5%-6.1%
K&O Energy 1663.TJapan$585M-28%-1%7%0.84×7.0%6.9%
Anhui Province Natural Gas Development 603689.SSChina$601M-10%-9%10%1.06×4.9%9.7%
Saibu Gas 9536.TJapan$630M+23%-6%9%0.78×3.8%9.0%
Shizuoka Gas 9543.TJapan$631M-5%0%7%0.72×3.6%7.4%
Shenzhen Guangju Energy 000096.SZChina$634M-18%+4%6%1.51×8.1%6.1%

Questions

Which companies are China HK Power Smart Energy's closest peers?
The cockpit's peer set: Samchully (004690.KS), Unimot (UNT.WA), E1 Corporation (017940.KS), Xinjiang Torch Gas (603080.SS), Shinhsiung Natural Gas (8908.TW), Shaanxi Meineng Clean Energy (001299.SZ), Yu Group PLC (YU..L), Clean Energy Fuels (CLNE).
Is China HK Power Smart Energy expensive compared with its peers?
On price / book it trades at 8.01× against a peer median of 1.00×, most expensive of 21 in its peer set. 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.
How has China HK Power Smart Energy stock performed?
Over six months to 6 Nov 2026 the shares returned -33.3% against -15.2% for the median peer; over one year -58.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.