View ValuationTowngas Smart Energy 将来の成長Future 基準チェック /16Towngas Smart Energy利益と収益がそれぞれ年間4.3%と2.8%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に6% 3.7%なると予測されています。主要情報4.3%収益成長率3.74%EPS成長率Gas Utilities 収益成長3.3%収益成長率2.8%将来の株主資本利益率5.99%アナリストカバレッジGood最終更新日09 Jul 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesBuy Or Sell Opportunity • Jun 25Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.2% to €0.33. The fair value is estimated to be €0.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 4.3% per annum over the same time period.Board Change • May 20Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Christine Loh was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Mar 18Towngas Smart Energy Company Limited, Annual General Meeting, May 27, 2026Towngas Smart Energy Company Limited, Annual General Meeting, May 27, 2026.お知らせ • Mar 07Towngas Smart Energy Company Limited to Report Fiscal Year 2025 Results on Mar 18, 2026Towngas Smart Energy Company Limited announced that they will report fiscal year 2025 results on Mar 18, 2026お知らせ • Aug 06Towngas Smart Energy Company Limited to Report First Half, 2025 Results on Aug 15, 2025Towngas Smart Energy Company Limited announced that they will report first half, 2025 results on Aug 15, 2025お知らせ • May 29+ 1 more updateTowngas Smart Energy Company Limited Approves Special Dividend in Respect of the Year Ended 31 December 2024Towngas Smart Energy Company Limited at its Annual General Meeting held on 29 May 2025, approved payment of a special dividend of 3 HK cents per share in respect of the year ended 31 December 2024 from the share premium account of the Company with an option for scrip dividend.お知らせ • Mar 17Towngas Smart Energy Company Limited Proposes Special Dividend for the Year Ended 31 December 2024, Payable on July 14, 2025Towngas Smart Energy Company Limited proposed special dividend of HKD 0.03 per share for the financial year end 31 December 2024. Date of shareholders' approval 29 May 2025. Ex-dividend date 02 June 2025, Record date 06 June 2025 and Payment date 14 July 2025.お知らせ • Mar 14+ 1 more updateTowngas Smart Energy Company Limited, Annual General Meeting, May 29, 2025Towngas Smart Energy Company Limited, Annual General Meeting, May 29, 2025.お知らせ • Mar 04Towngas Smart Energy Company Limited to Report Fiscal Year 2024 Results on Mar 14, 2025Towngas Smart Energy Company Limited announced that they will report fiscal year 2024 results on Mar 14, 2025Reported Earnings • Aug 18First half 2024 earnings released: EPS: HK$0.22 (vs HK$0.34 in 1H 2023)First half 2024 results: EPS: HK$0.22 (down from HK$0.34 in 1H 2023). Revenue: HK$10.5b (up 6.3% from 1H 2023). Net income: HK$742.7m (down 33% from 1H 2023). Profit margin: 7.1% (down from 11% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 15% per year.お知らせ • Aug 05Towngas Smart Energy Company Limited to Report First Half, 2024 Results on Aug 15, 2024Towngas Smart Energy Company Limited announced that they will report first half, 2024 results on Aug 15, 2024New Risk • Jul 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (4.1% increase in shares outstanding).お知らせ • May 30Towngas Smart Energy Company Limited Approves Final Dividend of the Year Ended 31 December 2023Towngas Smart Energy Company Limited at its AGM held on May 29, 2024 approved final dividend of 16 HK cents per share from the share premium account of the Company in respect of the year ended 31 December 2023 with an option for scrip dividend.Upcoming Dividend • May 24Upcoming dividend of HK$0.16 per shareEligible shareholders must have bought the stock before 31 May 2024. Payment date: 12 July 2024. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.6%). Lower than average of industry peers (6.5%).Buy Or Sell Opportunity • May 21Now 20% undervaluedOver the last 90 days, the stock has risen 11% to €0.36. The fair value is estimated to be €0.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 13%. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings are also forecast to grow by 5.8% per annum over the same time period.Buy Or Sell Opportunity • Apr 16Now 21% undervaluedOver the last 90 days, the stock has risen 1.7% to €0.35. The fair value is estimated to be €0.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 13%. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings are also forecast to grow by 5.5% per annum over the same time period.Declared Dividend • Mar 21Dividend of HK$0.16 announcedShareholders will receive a dividend of HK$0.16. Ex-date: 31st May 2024 Payment date: 12th July 2024 Dividend yield will be 45%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 20Towngas Smart Energy Company Limited, Annual General Meeting, May 29, 2024Towngas Smart Energy Company Limited, Annual General Meeting, May 29, 2024.Reported Earnings • Mar 20Full year 2023 earnings released: EPS: HK$0.48 (vs HK$0.30 in FY 2022)Full year 2023 results: EPS: HK$0.48 (up from HK$0.30 in FY 2022). Revenue: HK$19.8b (down 1.2% from FY 2022). Net income: HK$1.57b (up 63% from FY 2022). Profit margin: 7.9% (up from 4.8% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 8% per year.お知らせ • Mar 08Towngas Smart Energy Company Limited to Report Fiscal Year 2023 Results on Mar 19, 2024Towngas Smart Energy Company Limited announced that they will report fiscal year 2023 results on Mar 19, 2024お知らせ • Dec 27+ 1 more updateTowngas Smart Energy Company Limited Announces Director ChangesTowngas Smart Energy Company Limited announced that Mr. James Kwan Yuk-choi has tendered his resignation as an independent non-executive director of the Company and a member of the board audit and risk committee, remuneration committee and nomination committee of the Company, all with effect from 1 January 2024. The Board also announced that Dr. Loh Kung Wai, Christine, an independent non-executive director of the Company, has been appointed as a member of the board audit and risk committee with effect from 1 January 2024.New Risk • Aug 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 76% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.2% net profit margin). Shareholders have been diluted in the past year (3.0% increase in shares outstanding).Reported Earnings • Aug 15First half 2023 earnings released: EPS: HK$0.34 (vs HK$0.33 in 1H 2022)First half 2023 results: EPS: HK$0.34 (up from HK$0.33 in 1H 2022). Revenue: HK$9.88b (down 2.7% from 1H 2022). Net income: HK$1.12b (up 7.1% from 1H 2022). Profit margin: 11% (up from 10% in 1H 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Aug 03Towngas Smart Energy Company Limited to Report First Half, 2023 Results on Aug 14, 2023Towngas Smart Energy Company Limited announced that they will report first half, 2023 results on Aug 14, 2023お知らせ • Jun 23Towngas Smart Energy Company Limited (SEHK:1083) entered into the Transfer Agreement to acquire Towngas Renewable Energy (HK) Company Limited from The Hong Kong and China Gas Company Limited (SEHK:3)Towngas Smart Energy Company Limited (SEHK:1083) entered into the Transfer Agreement to acquire Towngas Renewable Energy (HK) Company Limited from The Hong Kong and China Gas Company Limited (SEHK:3) on June 21, 2023. In related transaction the loan owing to the HKCG Group by Towngas Renewable Energy (HK) is also getting acquired by Towngas Smart Energy Company Limited. The Combined consideration being paid is HKD 27.5 million. Towngas Renewable Energy (HK) Company Limited reported a Net loss of HKD 0.67 million and Net Liabilities of HKD 2.5 million in December 31, 2022.お知らせ • May 26Towngas Smart Energy Company Limited Approves Payment of a Final Dividend in Respect of the Year Ended 31 December 2022Towngas Smart Energy Company Limited approved payment of a final dividend of 15 Hong Kong cents per share from the share premium account of the Company in respect of the year ended 31 December 2022 with an option for scrip dividend, at its AGM held on May 25, 2023.Upcoming Dividend • May 23Upcoming dividend of HK$0.15 per share at 4.0% yieldEligible shareholders must have bought the stock before 30 May 2023. Payment date: 11 July 2023. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.6%).Reported Earnings • Mar 17Full year 2022 earnings released: EPS: HK$0.30 (vs HK$0.41 in FY 2021)Full year 2022 results: EPS: HK$0.30 (down from HK$0.41 in FY 2021). Revenue: HK$20.1b (up 17% from FY 2021). Net income: HK$964.9m (down 23% from FY 2021). Profit margin: 4.8% (down from 7.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Non-Executive Director Christine Loh was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Sep 09Towngas China Co Ltd Unsponsored ADR to Be Deleted from OTC EquityTowngas China Co Ltd. Unsponsored ADR (Cayman Island) will be deleted from OTC Equity effective from September 09, 2022, due to ADR /GDR Program Terminated.Reported Earnings • Aug 18First half 2022 earnings released: EPS: HK$0.33 (vs HK$0.26 in 1H 2021)First half 2022 results: EPS: HK$0.33 (up from HK$0.26 in 1H 2021). Revenue: HK$10.2b (up 31% from 1H 2021). Net income: HK$1.04b (up 34% from 1H 2021). Profit margin: 10% (in line with 1H 2021). Over the next year, revenue is forecast to grow 8.6% compared to a 15% decline forecast for the Gas Utilities industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • Aug 06Towngas Smart Energy Company Limited to Report First Half, 2022 Results on Aug 16, 2022Towngas Smart Energy Company Limited announced that they will report first half, 2022 results on Aug 16, 2022お知らせ • May 27+ 1 more updateTowngas Smart Energy Company Limited Announces Management ChangesTowngas Smart Energy Company Limited previously announced in the Circular, Mr. Alfred Chan Wing-kin ("Mr. Chan") did not offer himself for re-election at the AGM and accordingly he retired as an Executive Director of the Company at the conclusion of AGM. The Board announces that following the retirement of Mr. Chan, he had also ceased to be an authorised representative of the Company under Rule 3.05 of the Listing Rules and the Hong Kong Companies Ordinance with effect from 26 May 2022. The Board is pleased to announced that Mr. Peter Wong Wai-yee has been appointed as an Authorised Representative with effect from 26 May 2022 to fill the vacancy arising from the retirement of Mr. Chan with effect from 26 May 2022.Upcoming Dividend • May 23Upcoming dividend of HK$0.15 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 12 July 2022. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (5.0%).Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Non-Executive Director Christine Kung Wai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 14+ 1 more updateTowngas Smart Energy Company Limited Proposes Final Dividend for the Year Ended 31 December 2021Towngas Smart Energy Company Limited at its AGM to be held on May 26, 2022 proposed to approve payment of a final dividend of HK 15 cents per share from the retained earnings account and share premium account of the Company in respect of the year ended 31 December 2021 with an option for scrip dividend.お知らせ • Apr 05Towngas Smart Energy Company Limited Appoints Loh Kung Wai Christine as an Independent Non-Executive Director and Member of Each of the Nomination Committee, Remuneration Committee and Environmental, Social and Governance CommitteeThe board of directors of Towngas Smart Energy Company Limited announced that Dr. Loh Kung Wai Christine (‘Dr. Loh’) has been appointed as an Independent Non-Executive Director of the company and a member of each of the Nomination Committee, Remuneration Committee and Environmental, Social and Governance Committee of the Company, all with effect from 4 April 2022. Dr. Loh is the Chief Development Strategist at the Institute for the Environment of the Hong Kong University of Science and Technology. She is also a Senior Advisor to Teneo and board of the Hong Kong Science and Technology Parks. She is also a director and trustee of CDP Worldwide; and a director of New Forests Proprietary Limited.Reported Earnings • Mar 18Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: HK$0.41 (down from HK$0.50 in FY 2020). Revenue: HK$17.1b (up 34% from FY 2020). Net income: HK$1.25b (down 13% from FY 2020). Profit margin: 7.3% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.8%. Over the next year, revenue is forecast to grow 17% compared to a 2.9% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 21First half 2021 earnings released: EPS HK$0.26 (vs HK$0.20 in 1H 2020)The company reported a solid first half result with improved earnings and revenues, although profit margins were flat. First half 2021 results: Revenue: HK$7.77b (up 40% from 1H 2020). Net income: HK$778.1m (up 34% from 1H 2020). Profit margin: 10.0% (in line with 1H 2020). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • May 28Towngas China Company Limited Approves Payment of Final Dividend in Respect of the Year Ended December 31, 2020Towngas China Company Limited approved payment of final dividend of HK 15 cents per share from the share premium account of the Company in respect of the year ended December 31, 2020 with an option for scrip dividend at the Annual General Meeting held on May 27, 2021.Upcoming Dividend • May 24Upcoming dividend of HK$0.15 per shareEligible shareholders must have bought the stock before 31 May 2021. Payment date: 13 July 2021. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (6.0%).Reported Earnings • Apr 18Full year 2020 earnings released: EPS HK$0.50 (vs HK$0.46 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: HK$12.8b (flat on FY 2019). Net income: HK$1.45b (up 11% from FY 2019). Profit margin: 11% (up from 10% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.Reported Earnings • Mar 19Full year 2020 earnings releasedThe company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: HK$12.8b (flat on FY 2019). Net income: HK$1.45b (up 11% from FY 2019). Profit margin: 11% (up from 10% in FY 2019).お知らせ • Mar 19+ 1 more updateTowngas China Company Limited Recommends Final Dividend for the Year Ended 31 December 2020The Board of Towngas China Company Limited recommended the payment of a final dividend out of the share premium account under reserves of the company of 15 HK cents per share (2019: 15 HK cents per share) to shareholders whose names are on the register of members on 4 June 2021, which is subject to approval by shareholders at the AGM and compliance with the Companies Act of the Cayman Islands.お知らせ • Mar 09Towngas China Company Limited to Report Fiscal Year 2020 Results on Mar 18, 2021Towngas China Company Limited announced that they will report fiscal year 2020 results on Mar 18, 2021Is New 90 Day High Low • Jan 30New 90-day low: €0.33The company is down 8.0% from its price of €0.36 on 30 October 2020. The German market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.27 per share.Is New 90 Day High Low • Jan 07New 90-day low: €0.33The company is down 7.0% from its price of €0.36 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.26 per share.Is New 90 Day High Low • Dec 03New 90-day high: €0.39The company is up 13% from its price of €0.34 on 04 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Gas Utilities industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.32 per share.Is New 90 Day High Low • Sep 22New 90-day low: €0.34The company is down 13% from its price of €0.39 on 24 June 2020. The German market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.30 per share.お知らせ • Aug 04Towngas China Company Limited to Report First Half, 2020 Results on Aug 13, 2020Towngas China Company Limited announced that they will report first half, 2020 results on Aug 13, 2020業績と収益の成長予測DB:PGJ - アナリストの将来予測と過去の財務データ ( )HKD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202822,3431,772672,775612/31/202721,9671,717132,835912/31/202621,3871,6135003,091912/31/202520,9121,585-5521,796N/A9/30/202521,0811,604-6972,082N/A6/30/202521,2501,622-8422,368N/A3/31/202521,2821,614-1,1582,360N/A12/31/202421,3141,606-1,4742,353N/A9/30/202420,8871,404-2,2572,059N/A6/30/202420,4601,202-3,0411,765N/A3/31/202420,1511,388-3,2081,533N/A12/31/202319,8421,575-3,3761,301N/A9/30/202319,8181,307-2,8381,452N/A6/30/202319,7951,039-2,3011,604N/A3/31/202319,9341,002-2,1521,472N/A12/31/202220,073965-2,0031,340N/A9/30/202219,7931,241-1,6511,477N/A6/30/202219,5131,517-1,2991,615N/A3/31/202218,3191,385-8881,934N/A12/31/202117,1251,253-4772,253N/A9/30/202116,0801,449-5212,192N/A6/30/202115,0351,644-5642,132N/A3/31/202113,9311,546-3402,166N/A12/31/202012,8261,447-1172,200N/A9/30/202012,4011,290-1092,067N/A6/30/202011,9751,134-1021,934N/A3/31/202012,4501,221-2761,844N/A12/31/201912,9241,308-4501,753N/A9/30/201912,8201,312N/A1,607N/A6/30/201912,7151,316N/A1,461N/A3/31/201912,2511,270N/A1,372N/A12/31/201811,7871,224N/A1,284N/A9/30/201811,0471,325N/A1,363N/A6/30/201810,3081,427N/A1,442N/A3/31/20189,5341,396N/A1,478N/A12/31/20178,7601,365N/A1,515N/A9/30/20178,2711,189N/A1,563N/A6/30/20177,7811,012N/A1,612N/A3/31/20177,481993N/A1,639N/A12/31/20167,181974N/A1,667N/A9/30/20167,202853N/A1,593N/A6/30/20167,223732N/A1,520N/A3/31/20167,471770N/A1,468N/A12/31/20157,718807N/A1,417N/A9/30/20157,9291,016N/A1,433N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: PGJの予測収益成長率 (年間4.3% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: PGJの収益 ( 4.3% ) German市場 ( 16.9% ) よりも低い成長が予測されています。高成長収益: PGJの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: PGJの収益 ( 2.8% ) German市場 ( 6.7% ) よりも低い成長が予測されています。高い収益成長: PGJの収益 ( 2.8% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: PGJの 自己資本利益率 は、3年後には低くなると予測されています ( 6 %)。成長企業の発掘7D1Y7D1Y7D1YUtilities 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/12 10:19終値2026/07/10 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Towngas Smart Energy Company Limited 9 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。26 アナリスト機関NEIL BEVERIDGEBernsteinBei Na YanChina International Capital Corporation LimitedYilin HouChina International Capital Corporation Limited23 その他のアナリストを表示
Buy Or Sell Opportunity • Jun 25Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.2% to €0.33. The fair value is estimated to be €0.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 4.3% per annum over the same time period.
Board Change • May 20Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Christine Loh was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Mar 18Towngas Smart Energy Company Limited, Annual General Meeting, May 27, 2026Towngas Smart Energy Company Limited, Annual General Meeting, May 27, 2026.
お知らせ • Mar 07Towngas Smart Energy Company Limited to Report Fiscal Year 2025 Results on Mar 18, 2026Towngas Smart Energy Company Limited announced that they will report fiscal year 2025 results on Mar 18, 2026
お知らせ • Aug 06Towngas Smart Energy Company Limited to Report First Half, 2025 Results on Aug 15, 2025Towngas Smart Energy Company Limited announced that they will report first half, 2025 results on Aug 15, 2025
お知らせ • May 29+ 1 more updateTowngas Smart Energy Company Limited Approves Special Dividend in Respect of the Year Ended 31 December 2024Towngas Smart Energy Company Limited at its Annual General Meeting held on 29 May 2025, approved payment of a special dividend of 3 HK cents per share in respect of the year ended 31 December 2024 from the share premium account of the Company with an option for scrip dividend.
お知らせ • Mar 17Towngas Smart Energy Company Limited Proposes Special Dividend for the Year Ended 31 December 2024, Payable on July 14, 2025Towngas Smart Energy Company Limited proposed special dividend of HKD 0.03 per share for the financial year end 31 December 2024. Date of shareholders' approval 29 May 2025. Ex-dividend date 02 June 2025, Record date 06 June 2025 and Payment date 14 July 2025.
お知らせ • Mar 14+ 1 more updateTowngas Smart Energy Company Limited, Annual General Meeting, May 29, 2025Towngas Smart Energy Company Limited, Annual General Meeting, May 29, 2025.
お知らせ • Mar 04Towngas Smart Energy Company Limited to Report Fiscal Year 2024 Results on Mar 14, 2025Towngas Smart Energy Company Limited announced that they will report fiscal year 2024 results on Mar 14, 2025
Reported Earnings • Aug 18First half 2024 earnings released: EPS: HK$0.22 (vs HK$0.34 in 1H 2023)First half 2024 results: EPS: HK$0.22 (down from HK$0.34 in 1H 2023). Revenue: HK$10.5b (up 6.3% from 1H 2023). Net income: HK$742.7m (down 33% from 1H 2023). Profit margin: 7.1% (down from 11% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 15% per year.
お知らせ • Aug 05Towngas Smart Energy Company Limited to Report First Half, 2024 Results on Aug 15, 2024Towngas Smart Energy Company Limited announced that they will report first half, 2024 results on Aug 15, 2024
New Risk • Jul 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (4.1% increase in shares outstanding).
お知らせ • May 30Towngas Smart Energy Company Limited Approves Final Dividend of the Year Ended 31 December 2023Towngas Smart Energy Company Limited at its AGM held on May 29, 2024 approved final dividend of 16 HK cents per share from the share premium account of the Company in respect of the year ended 31 December 2023 with an option for scrip dividend.
Upcoming Dividend • May 24Upcoming dividend of HK$0.16 per shareEligible shareholders must have bought the stock before 31 May 2024. Payment date: 12 July 2024. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.6%). Lower than average of industry peers (6.5%).
Buy Or Sell Opportunity • May 21Now 20% undervaluedOver the last 90 days, the stock has risen 11% to €0.36. The fair value is estimated to be €0.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 13%. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings are also forecast to grow by 5.8% per annum over the same time period.
Buy Or Sell Opportunity • Apr 16Now 21% undervaluedOver the last 90 days, the stock has risen 1.7% to €0.35. The fair value is estimated to be €0.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 13%. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings are also forecast to grow by 5.5% per annum over the same time period.
Declared Dividend • Mar 21Dividend of HK$0.16 announcedShareholders will receive a dividend of HK$0.16. Ex-date: 31st May 2024 Payment date: 12th July 2024 Dividend yield will be 45%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 20Towngas Smart Energy Company Limited, Annual General Meeting, May 29, 2024Towngas Smart Energy Company Limited, Annual General Meeting, May 29, 2024.
Reported Earnings • Mar 20Full year 2023 earnings released: EPS: HK$0.48 (vs HK$0.30 in FY 2022)Full year 2023 results: EPS: HK$0.48 (up from HK$0.30 in FY 2022). Revenue: HK$19.8b (down 1.2% from FY 2022). Net income: HK$1.57b (up 63% from FY 2022). Profit margin: 7.9% (up from 4.8% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 8% per year.
お知らせ • Mar 08Towngas Smart Energy Company Limited to Report Fiscal Year 2023 Results on Mar 19, 2024Towngas Smart Energy Company Limited announced that they will report fiscal year 2023 results on Mar 19, 2024
お知らせ • Dec 27+ 1 more updateTowngas Smart Energy Company Limited Announces Director ChangesTowngas Smart Energy Company Limited announced that Mr. James Kwan Yuk-choi has tendered his resignation as an independent non-executive director of the Company and a member of the board audit and risk committee, remuneration committee and nomination committee of the Company, all with effect from 1 January 2024. The Board also announced that Dr. Loh Kung Wai, Christine, an independent non-executive director of the Company, has been appointed as a member of the board audit and risk committee with effect from 1 January 2024.
New Risk • Aug 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 76% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.2% net profit margin). Shareholders have been diluted in the past year (3.0% increase in shares outstanding).
Reported Earnings • Aug 15First half 2023 earnings released: EPS: HK$0.34 (vs HK$0.33 in 1H 2022)First half 2023 results: EPS: HK$0.34 (up from HK$0.33 in 1H 2022). Revenue: HK$9.88b (down 2.7% from 1H 2022). Net income: HK$1.12b (up 7.1% from 1H 2022). Profit margin: 11% (up from 10% in 1H 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Aug 03Towngas Smart Energy Company Limited to Report First Half, 2023 Results on Aug 14, 2023Towngas Smart Energy Company Limited announced that they will report first half, 2023 results on Aug 14, 2023
お知らせ • Jun 23Towngas Smart Energy Company Limited (SEHK:1083) entered into the Transfer Agreement to acquire Towngas Renewable Energy (HK) Company Limited from The Hong Kong and China Gas Company Limited (SEHK:3)Towngas Smart Energy Company Limited (SEHK:1083) entered into the Transfer Agreement to acquire Towngas Renewable Energy (HK) Company Limited from The Hong Kong and China Gas Company Limited (SEHK:3) on June 21, 2023. In related transaction the loan owing to the HKCG Group by Towngas Renewable Energy (HK) is also getting acquired by Towngas Smart Energy Company Limited. The Combined consideration being paid is HKD 27.5 million. Towngas Renewable Energy (HK) Company Limited reported a Net loss of HKD 0.67 million and Net Liabilities of HKD 2.5 million in December 31, 2022.
お知らせ • May 26Towngas Smart Energy Company Limited Approves Payment of a Final Dividend in Respect of the Year Ended 31 December 2022Towngas Smart Energy Company Limited approved payment of a final dividend of 15 Hong Kong cents per share from the share premium account of the Company in respect of the year ended 31 December 2022 with an option for scrip dividend, at its AGM held on May 25, 2023.
Upcoming Dividend • May 23Upcoming dividend of HK$0.15 per share at 4.0% yieldEligible shareholders must have bought the stock before 30 May 2023. Payment date: 11 July 2023. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.6%).
Reported Earnings • Mar 17Full year 2022 earnings released: EPS: HK$0.30 (vs HK$0.41 in FY 2021)Full year 2022 results: EPS: HK$0.30 (down from HK$0.41 in FY 2021). Revenue: HK$20.1b (up 17% from FY 2021). Net income: HK$964.9m (down 23% from FY 2021). Profit margin: 4.8% (down from 7.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Non-Executive Director Christine Loh was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Sep 09Towngas China Co Ltd Unsponsored ADR to Be Deleted from OTC EquityTowngas China Co Ltd. Unsponsored ADR (Cayman Island) will be deleted from OTC Equity effective from September 09, 2022, due to ADR /GDR Program Terminated.
Reported Earnings • Aug 18First half 2022 earnings released: EPS: HK$0.33 (vs HK$0.26 in 1H 2021)First half 2022 results: EPS: HK$0.33 (up from HK$0.26 in 1H 2021). Revenue: HK$10.2b (up 31% from 1H 2021). Net income: HK$1.04b (up 34% from 1H 2021). Profit margin: 10% (in line with 1H 2021). Over the next year, revenue is forecast to grow 8.6% compared to a 15% decline forecast for the Gas Utilities industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • Aug 06Towngas Smart Energy Company Limited to Report First Half, 2022 Results on Aug 16, 2022Towngas Smart Energy Company Limited announced that they will report first half, 2022 results on Aug 16, 2022
お知らせ • May 27+ 1 more updateTowngas Smart Energy Company Limited Announces Management ChangesTowngas Smart Energy Company Limited previously announced in the Circular, Mr. Alfred Chan Wing-kin ("Mr. Chan") did not offer himself for re-election at the AGM and accordingly he retired as an Executive Director of the Company at the conclusion of AGM. The Board announces that following the retirement of Mr. Chan, he had also ceased to be an authorised representative of the Company under Rule 3.05 of the Listing Rules and the Hong Kong Companies Ordinance with effect from 26 May 2022. The Board is pleased to announced that Mr. Peter Wong Wai-yee has been appointed as an Authorised Representative with effect from 26 May 2022 to fill the vacancy arising from the retirement of Mr. Chan with effect from 26 May 2022.
Upcoming Dividend • May 23Upcoming dividend of HK$0.15 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 12 July 2022. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (5.0%).
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Non-Executive Director Christine Kung Wai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 14+ 1 more updateTowngas Smart Energy Company Limited Proposes Final Dividend for the Year Ended 31 December 2021Towngas Smart Energy Company Limited at its AGM to be held on May 26, 2022 proposed to approve payment of a final dividend of HK 15 cents per share from the retained earnings account and share premium account of the Company in respect of the year ended 31 December 2021 with an option for scrip dividend.
お知らせ • Apr 05Towngas Smart Energy Company Limited Appoints Loh Kung Wai Christine as an Independent Non-Executive Director and Member of Each of the Nomination Committee, Remuneration Committee and Environmental, Social and Governance CommitteeThe board of directors of Towngas Smart Energy Company Limited announced that Dr. Loh Kung Wai Christine (‘Dr. Loh’) has been appointed as an Independent Non-Executive Director of the company and a member of each of the Nomination Committee, Remuneration Committee and Environmental, Social and Governance Committee of the Company, all with effect from 4 April 2022. Dr. Loh is the Chief Development Strategist at the Institute for the Environment of the Hong Kong University of Science and Technology. She is also a Senior Advisor to Teneo and board of the Hong Kong Science and Technology Parks. She is also a director and trustee of CDP Worldwide; and a director of New Forests Proprietary Limited.
Reported Earnings • Mar 18Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: HK$0.41 (down from HK$0.50 in FY 2020). Revenue: HK$17.1b (up 34% from FY 2020). Net income: HK$1.25b (down 13% from FY 2020). Profit margin: 7.3% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.8%. Over the next year, revenue is forecast to grow 17% compared to a 2.9% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 21First half 2021 earnings released: EPS HK$0.26 (vs HK$0.20 in 1H 2020)The company reported a solid first half result with improved earnings and revenues, although profit margins were flat. First half 2021 results: Revenue: HK$7.77b (up 40% from 1H 2020). Net income: HK$778.1m (up 34% from 1H 2020). Profit margin: 10.0% (in line with 1H 2020). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • May 28Towngas China Company Limited Approves Payment of Final Dividend in Respect of the Year Ended December 31, 2020Towngas China Company Limited approved payment of final dividend of HK 15 cents per share from the share premium account of the Company in respect of the year ended December 31, 2020 with an option for scrip dividend at the Annual General Meeting held on May 27, 2021.
Upcoming Dividend • May 24Upcoming dividend of HK$0.15 per shareEligible shareholders must have bought the stock before 31 May 2021. Payment date: 13 July 2021. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (6.0%).
Reported Earnings • Apr 18Full year 2020 earnings released: EPS HK$0.50 (vs HK$0.46 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: HK$12.8b (flat on FY 2019). Net income: HK$1.45b (up 11% from FY 2019). Profit margin: 11% (up from 10% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Mar 19Full year 2020 earnings releasedThe company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: HK$12.8b (flat on FY 2019). Net income: HK$1.45b (up 11% from FY 2019). Profit margin: 11% (up from 10% in FY 2019).
お知らせ • Mar 19+ 1 more updateTowngas China Company Limited Recommends Final Dividend for the Year Ended 31 December 2020The Board of Towngas China Company Limited recommended the payment of a final dividend out of the share premium account under reserves of the company of 15 HK cents per share (2019: 15 HK cents per share) to shareholders whose names are on the register of members on 4 June 2021, which is subject to approval by shareholders at the AGM and compliance with the Companies Act of the Cayman Islands.
お知らせ • Mar 09Towngas China Company Limited to Report Fiscal Year 2020 Results on Mar 18, 2021Towngas China Company Limited announced that they will report fiscal year 2020 results on Mar 18, 2021
Is New 90 Day High Low • Jan 30New 90-day low: €0.33The company is down 8.0% from its price of €0.36 on 30 October 2020. The German market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.27 per share.
Is New 90 Day High Low • Jan 07New 90-day low: €0.33The company is down 7.0% from its price of €0.36 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.26 per share.
Is New 90 Day High Low • Dec 03New 90-day high: €0.39The company is up 13% from its price of €0.34 on 04 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Gas Utilities industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.32 per share.
Is New 90 Day High Low • Sep 22New 90-day low: €0.34The company is down 13% from its price of €0.39 on 24 June 2020. The German market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.30 per share.
お知らせ • Aug 04Towngas China Company Limited to Report First Half, 2020 Results on Aug 13, 2020Towngas China Company Limited announced that they will report first half, 2020 results on Aug 13, 2020