CLP Holdings Limited
0002Company Overview
CLP was founded in 1901 in Hong Kong, China, and electricity was still a new thing at the time. Today, with Hong Kong as its home, the Group has expanded its business into five major markets. We use world-leading technology to power millions of users every day. In Hong Kong, China, we operate a vertically integrated electricity business to provide 80% of Hong Kong residents with a highly reliable electricity supply. Outside of Hong Kong, China, the Group invests in energy businesses in mainland China, India, Southeast Asia, Taiwan and Australia, and has a diversified power generation portfolio including coal, natural gas, nuclear power and renewable energy as fuel. CLP's business goal is to meet the challenges of energy demand in the Asia-Pacific region from generation to generation in an economical, sustainable, and socially responsible manner.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
| Name | CLP Holdings Limited |
| Ticker | 0002 |
| Main Business | Utilities—Regulated Electric |
| Type | Common Stock |
| Industry | Utilities—Regulated Electric |
| Country | HK |
| Market Cap | $20.90 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Hong Kong electricity business | $50,600.0 | $0.0 | - |
| Energy businesses outside Hong Kong | $48,873.0 | $0.0 | - |
| Others | $1,189.0 | $0.0 | - |
| Finance income | $243.0 | $243.0 | - |
| Total | $100,905.0 | $243.0 | 0.24% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| bank loans and overdrafts | $1,611,538,461.5 | 7.71% |
| derivative financial instrument current liabilities | $212,820,512.8 | 1.02% |
| long term bank loan | $5,761,538,461.5 | 27.56% |
| derivative financial instruments non current liabilities | $220,512,820.5 | 1.05% |
| Total Interest-Bearing Debt | $7,806,410,256.4 | 37.34% |
| Market Capitalization | $20,904,935,897.4 | 100.00% |
| Compliance Status | Threshold: 33% | failed |