Power Assets Insider ownership
What is the Insider ownership of Power Assets?
The Insider ownership of Power Assets Holdings Limited is 35.97%
What is the definition of Insider ownership?
Insider Ownership is calculated as the total number of shares owned by insiders (shareholders who own more than 5% of the corporation or an officer or director of the company) divided by the total Shares Outstanding.
A high value of insider ownership means that those working for the company have a large stake in the success of the company. This is sometimes seen as a sign that those running the company will work hard to ensure its success or believe the company's stock price will rise.
A change in insider ownership may come from exercise of option, stock grant and buying or selling of company shares. A purchase of company share signifies a confidence in the company's future performance by people who know the company best. Therefore, Net Insider buying is also an important indicator for investors.
Insider ownership of companies in the Utilities sector on HKSE compared to Power Assets
What does Power Assets do?
Power Assets Holdings Limited, an investment holding company, generates, transmits, and distributes electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. The company generates energy from thermal, renewable energy, and waste sources. It also distributes gas; transmits oil; holds property and deposits; and provides consulting, investing, trust administration, and management services. The company has a generation capacity of 1,004 MW renewable energy/energy from waste, 4,754 MW gas fired, and 4,216 MW coal/oil fired; and operates 114,000 km of gas/oil pipeline, as well as 400,700 km of power network serving 19,192,000 customers. The company was formerly known as Hongkong Electric Holdings Limited and changed its name to Power Assets Holdings Limited in February 2011. Power Assets Holdings Limited was founded in 1889 and is based in Central, Hong Kong.
Companies with insider ownership similar to Power Assets
- Akumin has Insider ownership of 35.93%
- Level One Bancorp Inc has Insider ownership of 35.94%
- Hindalco Industries has Insider ownership of 35.94%
- China Investment Development has Insider ownership of 35.95%
- Curtis Banks Plc has Insider ownership of 35.96%
- Alkane Resources has Insider ownership of 35.97%
- Power Assets has Insider ownership of 35.97%
- Gateway Distriparks has Insider ownership of 35.98%
- Plaza Retail REIT has Insider ownership of 35.98%
- Orient Green Power has Insider ownership of 35.98%
- China Best has Insider ownership of 35.99%
- Zenith Healthcare has Insider ownership of 35.99%
- Hamilton Thorne has Insider ownership of 35.99%