About Power Assets
Power Assets is a company based in Hong Kong (China) founded in 1889.. The company has 14 employees as of December 31, 2024. Power Assets has completed 3 acquisitions, including Duet, Iberwind and Iberwind.
- Headquarter Hong Kong, China
- Employees 14 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Power Assets Holdings Limited
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Annual Revenue
$118.33 M (USD)-28.87as on Dec 31, 2024
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Net Profit
$788 M (USD)1.93as on Dec 31, 2024
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EBITDA
$59.49 M (USD)-58as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
14
as on Dec 31, 2024
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Investments & Acquisitions
Duet
& 2 more
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IPO & Listings of Power Assets
Power Assets is a publicly listed company on the HKEX with ticker symbol 6 in Hong Kong, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Power Assets
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Power Assets
Power Assets has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Duet, Iberwind and Iberwind. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
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Wind power projects are developed and operated in Portugal.
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2008 | ||||
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Operation and maintenance services for wind farms are provided.
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2008 | ||||
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Limited information available
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2004 |
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|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Power Assets
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Power Assets Comparisons
Competitors of Power Assets
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Power Assets
Frequently Asked Questions about Power Assets
When was Power Assets founded?
Power Assets was founded in 1889.
Where is Power Assets located?
Power Assets is headquartered in Hong Kong, China.
Who is the current CEO of Power Assets?
Tsai Chao Chung is the current CEO of Power Assets.
How many employees does Power Assets have?
As of Dec 31, 2024, the latest employee count at Power Assets is 14.
What is the annual revenue of Power Assets?
Annual revenue of Power Assets is $118.33M as on Dec 31, 2024.
What does Power Assets do?
Founded in 1889 and headquartered in Hong Kong, China, Power Assets operates as an energy and utility firm. Investments are made across electricity generation, transmission and distribution, renewable energy, energy from waste, gas distribution, and oil transmission. Operations extend worldwide. In 2022, annual revenues of 0.16 billion were recorded, alongside a net profit of 0.72 billion.
Is Power Assets publicly traded?
Yes, Power Assets is publicly traded on HKEX under the ticker symbol 6.
How many acquisitions has Power Assets made?
What is Power Assets's ticker symbol?
The ticker symbol of Power Assets is 6 on HKEX.
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