HK Electric Investments and HK Electric Investments Limited
HKVTY · OTC
6/30/2025 | 12/31/2024 | 6/30/2024 | 12/31/2023 | |
|---|---|---|---|---|
| Assets | – | – | – | – |
| Cash & Equivalents | $45,000 | $30,000 | $45,000 | $21,000 |
| Short-Term Investments | $0 | $0 | $144,000 | $0 |
| Receivables | $1,766,000 | $1,265,000 | $882,000 | $1,375,000 |
| Inventory | $1,135,000 | $982,000 | $1,062,000 | $1,003,000 |
| Other Curr. Assets | $158,000 | $93,000 | $906,000 | $94,000 |
| Total Curr. Assets | $3,104,000 | $2,370,000 | $3,039,000 | $2,493,000 |
| Property Plant & Equip (Net) | $79,641,000 | $79,950,000 | $79,558,000 | $74,791,000 |
| Goodwill | $33,623,000 | $33,623,000 | $33,623,000 | $33,623,000 |
| Intangibles | $0 | $0 | $0 | $0 |
| Long-Term Investments | $878,000 | $887,000 | $897,000 | $895,000 |
| Tax Assets | $0 | $0 | $0 | $0 |
| Other NC Assets | $1,383,000 | $1,669,000 | $1,758,000 | $6,738,000 |
| Total NC Assets | $115,525,000 | $116,129,000 | $115,836,000 | $116,047,000 |
| Other Assets | $0 | $0 | $0 | $0 |
| Total Assets | $118,629,000 | $118,499,000 | $118,875,000 | $118,540,000 |
| Liabilities | – | – | – | – |
| Payables | $2,335,000 | $2,742,000 | $2,873,000 | $3,381,000 |
| Short-Term Debt | $21,288,000 | $773,000 | $744,000 | $761,000 |
| Tax Payable | $362,000 | $224,000 | $1,046,000 | $889,000 |
| Deferred Revenue | $0 | $0 | $0 | $33,000 |
| Other Curr. Liab. | $502,000 | $259,000 | $201,000 | $54,000 |
| Total Curr. Liab. | $24,487,000 | $3,998,000 | $4,864,000 | $5,118,000 |
| LT Debt | $30,100,000 | $50,084,000 | $49,922,000 | $49,448,000 |
| Deferred Rev, NC | $2,511,000 | $2,507,000 | $0 | $2,449,000 |
| Deferred Tax Liab, NC | $10,091,000 | $10,140,000 | $0 | $10,124,000 |
| Other NC Liab. | $2,926,000 | $2,480,000 | $15,558,000 | $2,423,000 |
| Total NC Liab. | $45,628,000 | $65,211,000 | $65,480,000 | $64,444,000 |
| Other Liabilities | $0 | $0 | $0 | $0 |
| Cap. Leases | $2,000 | $2,000 | $2,000 | $3,000 |
| Total Liabilities | $70,115,000 | $69,209,000 | $70,344,000 | $69,562,000 |
| Equity | – | – | – | – |
| Pref Stock | $0 | $0 | $4,000 | $4,418 |
| Common Stock | $8,000 | $8,000 | $4,000 | $3,582 |
| Retained Earnings | $1,451,000 | $1,872,000 | $945,000 | $1,422,000 |
| AOCI | -$417,000 | -$62,000 | $106,000 | $76,000 |
| Other Equity | $47,472,000 | $47,472,000 | $47,472,000 | $47,472,000 |
| Total Equity | $48,514,000 | $49,290,000 | $48,531,000 | $48,978,000 |
| Supplemental Information | – | – | – | – |
| Minority Interest | $0 | $0 | $0 | $0 |
| Total Liab. & Tot. Equity | $118,629,000 | $118,499,000 | $118,875,000 | $118,540,000 |
| Net Debt | $51,343,000 | $50,827,000 | $50,621,000 | $50,188,000 |