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Hong Kong (HSI) Gas Utilities Industry Analysis

UpdatedJul 19, 2026
DataAggregated Company Financials
Companies18
  • 7D2.8%
  • 3M-12.4%
  • 1Y-14.8%
  • YTD-16.2%

The Gas Utilities industry is up 2.8% in the last week, with Hong Kong and China Gas up 2.6%. In contrast, the industry has lost 15% in the last 12 months. Looking forward, earnings are forecast to grow by 5.0% annually.

Industry Valuation and Performance

Has the Hong Kong Gas Utilities Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 20 Jul 2026HK$365.7bHK$756.1bHK$33.3b8.9x11x0.5x
Wed, 17 Jun 2026HK$371.6bHK$761.9bHK$33.5b9.2x11.1x0.5x
Fri, 15 May 2026HK$425.3bHK$759.9bHK$33.4b9.9x12.7x0.6x
Sun, 12 Apr 2026HK$425.9bHK$756.0bHK$33.2b10.4x12.8x0.6x
Tue, 10 Mar 2026HK$450.4bHK$750.3bHK$33.6b9.3x13.4x0.6x
Thu, 05 Feb 2026HK$455.2bHK$748.5bHK$33.5b8.6x13.6x0.6x
Sat, 03 Jan 2026HK$437.3bHK$744.3bHK$33.3b8.6x13.1x0.6x
Mon, 01 Dec 2025HK$452.3bHK$738.2bHK$33.0b8.8x13.7x0.6x
Wed, 29 Oct 2025HK$443.8bHK$736.4bHK$33.4b9.4x13.3x0.6x
Fri, 26 Sep 2025HK$421.5bHK$735.3bHK$33.3b9.7x12.6x0.6x
Sun, 24 Aug 2025HK$431.7bHK$734.5bHK$34.3b10x12.6x0.6x
Tue, 22 Jul 2025HK$434.8bHK$732.1bHK$34.6b9.4x12.6x0.6x
Thu, 19 Jun 2025HK$430.2bHK$732.4bHK$34.4b9x12.5x0.6x
Sat, 17 May 2025HK$429.1bHK$729.4bHK$34.2b8.2x12.5x0.6x
Mon, 14 Apr 2025HK$406.8bHK$721.6bHK$33.9b8.1x12x0.6x
Wed, 12 Mar 2025HK$408.7bHK$726.8bHK$33.4b9.1x12.2x0.6x
Fri, 07 Feb 2025HK$397.0bHK$724.5bHK$33.3b8.8x11.9x0.5x
Sun, 05 Jan 2025HK$415.8bHK$722.3bHK$33.3b8.9x12.5x0.6x
Tue, 03 Dec 2024HK$394.2bHK$725.1bHK$33.4b8.5x11.8x0.5x
Thu, 31 Oct 2024HK$416.4bHK$734.4bHK$33.8b9x12.3x0.6x
Sat, 28 Sep 2024HK$442.0bHK$741.4bHK$34.1b9.1x13x0.6x
Mon, 26 Aug 2024HK$403.6bHK$726.1bHK$35.1b8.8x11.5x0.6x
Wed, 24 Jul 2024HK$420.2bHK$717.9bHK$36.5b9x11.5x0.6x
Fri, 21 Jun 2024HK$427.5bHK$722.2bHK$36.2b9.3x11.8x0.6x
Sun, 19 May 2024HK$454.9bHK$724.2bHK$36.3b10.4x12.5x0.6x
Tue, 16 Apr 2024HK$404.9bHK$717.8bHK$36.8b9.3x11x0.6x
Thu, 14 Mar 2024HK$422.2bHK$717.5bHK$36.4b10.2x11.6x0.6x
Sat, 10 Feb 2024HK$388.5bHK$717.2bHK$36.3b9.5x10.7x0.5x
Mon, 08 Jan 2024HK$415.4bHK$719.4bHK$36.4b10.5x11.4x0.6x
Wed, 06 Dec 2023HK$380.0bHK$719.5bHK$36.4b10.1x10.4x0.5x
Fri, 03 Nov 2023HK$391.0bHK$719.0bHK$37.6b10x10.4x0.5x
Sun, 01 Oct 2023HK$399.4bHK$719.9bHK$37.6b9.5x10.6x0.6x
Tue, 29 Aug 2023HK$391.1bHK$714.7bHK$37.7b9.9x10.4x0.5x
Thu, 27 Jul 2023HK$457.7bHK$723.0bHK$37.0b10.4x12.4x0.6x
Price to Earnings Ratio

12.4x


Total Market Cap: HK$457.7bTotal Earnings: HK$37.0bTotal Revenue: HK$723.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Gas Utilities Industry Price to Earnings3Y Average 12.1x202420252026
Current Industry PE
  • Investors are relatively neutral on the Hong Kong Gas Utilities industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 12.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.57x.
Past Earnings Growth
  • The earnings for companies in the Gas Utilities industry have declined 3.4% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Hong Kong Utilities industry?

HK Market0.25%
Utilities1.95%
Gas Utilities2.83%
Gas Utilities2.83%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
3 Hong Kong and China GasHK$6.802.6%
+HK$3.2b		0.4%PE22.3x
392 Beijing Enterprises HoldingsHK$31.267.1%
+HK$2.6b		-3.7%PE6.7x
135 Kunlun EnergyHK$6.812.9%
+HK$1.6b		-11.4%PE9.5x
1193 China Resources Gas GroupHK$15.614.5%
+HK$1.5b		-22.0%PE10x
384 China Gas HoldingsHK$5.693.8%
+HK$1.1b		-29.7%PE11.4x

Latest News

8007
HK$0.47
Global Strategic Group
7D
13.1%
1Y
93.1%
384
HK$5.69
China Gas Holdings
7D
3.8%
1Y
-29.7%
Analysis Article • Jun 29

China Gas Holdings Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

The analysts might have been a bit too bullish on China Gas Holdings Limited ( HKG:384 ), given that the company fell...
3633
HK$2.57
Zhongyu Energy Holdings
7D
-3.4%
1Y
-34.9%
603
HK$0.13
China Oil And Gas Group
7D
0.8%
1Y
-21.0%
2688
HK$42.02
ENN Energy Holdings
7D
-0.5%
1Y
-34.2%
Narrative Update • Jun 23

2688: Fair Value Should Stay Supported As 2025 Dividend Review Approaches

Analysts have trimmed their price target for ENN Energy Holdings, citing updated assumptions that include a fair value estimate of HK$65.10, a revenue growth outlook of 2.02%, a profit margin of 5.58% and a future P/E of 11.62x. These compare with prior inputs of HK$72.38, 2.55%, 5.72% and 12.41x respectively.
6661
HK$4.98
Huzhou Gas
7D
-0.2%
1Y
-5.1%
9908
HK$8.47
JiaXing Gas Group
7D
-0.1%
1Y
5.9%
1265
HK$0.14
Tianjin Jinran Public Utilities
7D
-2.7%
1Y
-26.9%
Analysis Article • Jun 04

Here's Why We're Watching Tianjin Jinran Public Utilities' (HKG:1265) Cash Burn Situation

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
135
HK$6.81
Kunlun Energy
7D
2.9%
1Y
-11.4%
392
HK$31.26
Beijing Enterprises Holdings
7D
7.1%
1Y
-3.7%
1193
HK$15.61
China Resources Gas Group
7D
4.5%
1Y
-22.0%
3
HK$6.80
Hong Kong and China Gas
7D
2.6%
1Y
0.4%
1083
HK$3.29
Towngas Smart Energy
7D
4.4%
1Y
-18.8%
6828
HK$0.029
Beijing Gas Blue Sky Holdings
7D
-3.3%
1Y
-40.8%
1600
HK$2.73
Tian Lun Gas Holdings
7D
-0.7%
1Y
-14.7%
8117
HK$0.039
China Primary Energy Holdings
7D
-20.4%
1Y
-57.6%