Chi Wan - Power Assets Chairman

HGKGY Stock  USD 5.58  0.12  2.20%   

Chairman

Mr. Wan Chi Tin serves as Executive Director of Power Assets Holdings Ltd. He was appointed to the Board in 2005. He was Group Managing Director from 1 January 2013 to 29 January 2014. Mr. Wan is also a Director of most of the subsidiaries and certain joint ventures of the Company. He is also the Chief Executive Officer and an Executive Director of HKEIL, a company listed together with HKEI, an Executive Director of HKEIML and the Managing Director of HK Electric. He has worked for the Group since 1978, holding various positions including Director of Engineering, Chief Executive Officer of Powercor Australia Limited and CitiPower Pty., associate companies of the Group in Australia since 2014.
Age 73
Tenure 10 years
Phone852 2122 9122
Webhttps://www.powerassets.com
Wan holds a BS degree in Electrical Engineering and is also a Chartered Engineer. He is an Honorary Fellow of the Energy Institute, a Fellow of the Institution of Engineering and Technology and a Fellow of the Hong Kong Institution of Engineers. He is a Council Member of the Hong Kong Institution of Engineers and a member of the Engineers Registration Board of Hong Kong.

Power Assets Management Efficiency

Power Assets' management efficiency ratios could be used to measure how well Power Assets manages its routine affairs as well as how well it operates its assets and liabilities.
Power Assets Holdings has accumulated 3.43 B in total debt with debt to equity ratio (D/E) of 0.04, which may suggest the company is not taking enough advantage from borrowing. Power Assets Holdings has a current ratio of 1.15, suggesting that it is not liquid enough and may have problems paying out its financial obligations in time and when they become due. Debt can assist Power Assets until it has trouble settling it off, either with new capital or with free cash flow. So, Power Assets' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Power Assets Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Power to invest in growth at high rates of return. When we think about Power Assets' use of debt, we should always consider it together with cash and equity.

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Power Assets Holdings Limited, an investment holding company, generates, transmits, and distributes electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. Power Assets Holdings Limited was founded in 1889 and is based in Central, Hong Kong. Hongkong Electric operates under UtilitiesIndependent Power Producers classification in the United States and is traded on OTC Exchange. It employs 14 people. Power Assets Holdings [HGKGY] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

Power Assets Holdings Leadership Team

Elected by the shareholders, the Power Assets' board of directors comprises two types of representatives: Power Assets inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Power. The board's role is to monitor Power Assets' management team and ensure that shareholders' interests are well served. Power Assets' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Power Assets' outside directors are responsible for providing unbiased perspectives on the board's policies.
BA BA, Chairman
BAppScMechEng BSME, CEO Director
MA MBA, Ex Director
Chi Wan, Executive Director and Chairman of Corporate Social Responsibility Committee
Neil McGee, Executive Director
Wai LLB, Group Sec
FCPA FCCA, Ex Director
Kee Chan, Chief Officer

Power Stock Performance Indicators

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Additional Tools for Power Pink Sheet Analysis

When running Power Assets' price analysis, check to measure Power Assets' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Power Assets is operating at the current time. Most of Power Assets' value examination focuses on studying past and present price action to predict the probability of Power Assets' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Power Assets' price. Additionally, you may evaluate how the addition of Power Assets to your portfolios can decrease your overall portfolio volatility.