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Hong Kong (HSI) Gas Utilities Industry Analysis

UpdatedFeb 16, 2026
DataAggregated Company Financials
Companies18
  • 7D0.1%
  • 3M0.3%
  • 1Y13.2%
  • YTD4.2%

In the last week, Gas Utilities has been flat. The past year has been better, since the industry has gained 13% in that time. Earnings are forecast to grow by 7.5% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 16 Feb 2026HK$455.6bHK$751.0bHK$33.6b8.4x13.6x0.6x
Wed, 14 Jan 2026HK$436.9bHK$745.7bHK$33.4b8.6x13.1x0.6x
Fri, 12 Dec 2025HK$445.3bHK$739.1bHK$33.1b8.9x13.5x0.6x
Sun, 09 Nov 2025HK$455.0bHK$735.4bHK$33.3b9.3x13.7x0.6x
Tue, 07 Oct 2025HK$416.3bHK$735.9bHK$33.3b9.4x12.5x0.6x
Thu, 04 Sep 2025HK$425.3bHK$735.7bHK$33.3b9.7x12.8x0.6x
Sat, 02 Aug 2025HK$430.6bHK$729.9bHK$34.5b10.1x12.5x0.6x
Mon, 30 Jun 2025HK$422.7bHK$732.2bHK$34.6b9.3x12.2x0.6x
Wed, 28 May 2025HK$435.8bHK$731.3bHK$34.3b8x12.7x0.6x
Fri, 25 Apr 2025HK$423.2bHK$721.5bHK$33.9b8.3x12.5x0.6x
Sun, 23 Mar 2025HK$432.4bHK$726.5bHK$34.0b8.8x12.7x0.6x
Tue, 18 Feb 2025HK$406.4bHK$725.7bHK$33.4b9x12.2x0.6x
Thu, 16 Jan 2025HK$400.4bHK$722.1bHK$33.2b8.8x12x0.6x
Sat, 14 Dec 2024HK$413.8bHK$724.7bHK$33.4b8.6x12.4x0.6x
Mon, 11 Nov 2024HK$413.1bHK$731.3bHK$33.7b9x12.3x0.6x
Wed, 09 Oct 2024HK$429.8bHK$738.9bHK$34.0b9.3x12.6x0.6x
Fri, 06 Sep 2024HK$401.2bHK$737.3bHK$33.9b8.7x11.8x0.5x
Sun, 04 Aug 2024HK$408.0bHK$724.6bHK$36.8b8.5x11.1x0.6x
Tue, 02 Jul 2024HK$420.5bHK$718.5bHK$36.5b9.6x11.5x0.6x
Thu, 30 May 2024HK$447.2bHK$723.2bHK$36.2b9.6x12.3x0.6x
Sat, 27 Apr 2024HK$415.8bHK$717.5bHK$36.8b9.2x11.3x0.6x
Mon, 25 Mar 2024HK$424.3bHK$721.1bHK$38.1b9.7x11.1x0.6x
Wed, 21 Feb 2024HK$405.5bHK$717.2bHK$36.3b9.9x11.2x0.6x
Fri, 19 Jan 2024HK$385.1bHK$717.4bHK$36.4b9.9x10.6x0.5x
Sun, 17 Dec 2023HK$395.7bHK$720.1bHK$36.5b10.2x10.9x0.5x
Tue, 14 Nov 2023HK$390.4bHK$719.5bHK$37.6b10x10.4x0.5x
Thu, 12 Oct 2023HK$401.5bHK$719.4bHK$37.6b9.7x10.7x0.6x
Sat, 09 Sep 2023HK$390.4bHK$718.5bHK$37.5b9.6x10.4x0.5x
Mon, 07 Aug 2023HK$459.0bHK$722.4bHK$37.0b11x12.4x0.6x
Wed, 05 Jul 2023HK$481.2bHK$721.1bHK$36.9b11.6x13x0.7x
Fri, 02 Jun 2023HK$486.0bHK$726.4bHK$39.6b11.6x12.3x0.7x
Sun, 30 Apr 2023HK$510.1bHK$736.4bHK$40.0b10.7x12.7x0.7x
Tue, 28 Mar 2023HK$492.6bHK$708.2bHK$43.9b9.6x11.2x0.7x
Thu, 23 Feb 2023HK$550.2bHK$704.2bHK$44.8b9.2x12.3x0.8x
Price to Earnings Ratio

12.3x


Total Market Cap: HK$550.2bTotal Earnings: HK$44.8bTotal Revenue: HK$704.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Gas Utilities Industry Price to Earnings3Y Average 12.1x202420252026
Current Industry PE
  • Investors are optimistic on the Hong Kong Gas Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 13.6x which is higher than its 3-year average PE of 12.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.59x.
Past Earnings Growth
  • The earnings for companies in the Gas Utilities industry have declined 9.2% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.2% per year.
  • This means that although more sales are being generated, 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 Market0.51%
Utilities0.61%
Gas Utilities0.10%
Gas Utilities0.10%
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$7.751.7%
+HK$2.4b		27.0%PE25.7x
2688 ENN Energy HoldingsHK$69.801.7%
+HK$1.3b		30.0%PE11.7x
135 Kunlun EnergyHK$8.190.9%
+HK$606.1m		6.2%PE10.8x
384 China Gas HoldingsHK$8.020.9%
+HK$381.4m		19.9%PE15.5x
1083 Towngas Smart EnergyHK$3.752.5%
+HK$330.4m		23.4%PE8.5x

Latest News

8117
HK$0.10
China Primary Energy Holdings
7D
-11.4%
1Y
102.0%
2688
HK$69.80
ENN Energy Holdings
7D
1.7%
1Y
30.0%

2688: Fair Value Will Stay Steady As Index Removal Effects Emerge

Analysts have made a small upward revision to their fair value estimate for ENN Energy Holdings to approximately US$74.23. The tweak mainly reflects updated assumptions on discount rate, revenue growth, profit margin, and forward P/E rather than any single new catalyst.
8007
HK$0.28
Global Strategic Group
7D
-1.7%
1Y
-18.6%
135
HK$8.19
Kunlun Energy
7D
0.9%
1Y
6.2%
1083
HK$3.75
Towngas Smart Energy
7D
2.5%
1Y
23.4%

Is Towngas Smart Energy Company Limited (HKG:1083) Worth HK$3.7 Based On Its Intrinsic Value?

Jan 28
Is Towngas Smart Energy Company Limited (HKG:1083) Worth HK$3.7 Based On Its Intrinsic Value?
384
HK$8.02
China Gas Holdings
7D
0.9%
1Y
19.9%

Is There An Opportunity With China Gas Holdings Limited's (HKG:384) 49% Undervaluation?

Jan 27
Is There An Opportunity With China Gas Holdings Limited's (HKG:384) 49% Undervaluation?
392
HK$35.50
Beijing Enterprises Holdings
7D
-0.2%
1Y
28.6%

Beijing Enterprises Holdings Limited (HKG:392) Shares Could Be 26% Below Their Intrinsic Value Estimate

Jan 26
Beijing Enterprises Holdings Limited (HKG:392) Shares Could Be 26% Below Their Intrinsic Value Estimate
6828
HK$0.038
Beijing Gas Blue Sky Holdings
7D
2.7%
1Y
35.7%

Beijing Gas Blue Sky Holdings Limited (HKG:6828) Stock Catapults 32% Though Its Price And Business Still Lag The Market

Jan 22
Beijing Gas Blue Sky Holdings Limited (HKG:6828) Stock Catapults 32% Though Its Price And Business Still Lag The Market
3
HK$7.75
Hong Kong and China Gas
7D
1.7%
1Y
27.0%

Calculating The Fair Value Of The Hong Kong and China Gas Company Limited (HKG:3)

Jan 19
Calculating The Fair Value Of The Hong Kong and China Gas Company Limited (HKG:3)
3633
HK$2.72
Zhongyu Energy Holdings
7D
2.6%
1Y
-37.5%

Some Investors May Be Worried About Zhongyu Energy Holdings' (HKG:3633) Returns On Capital

Jan 15
Some Investors May Be Worried About Zhongyu Energy Holdings' (HKG:3633) Returns On Capital
1193
HK$21.58
China Resources Gas Group
7D
-0.3%
1Y
-20.7%
1600
HK$2.82
Tian Lun Gas Holdings
7D
-0.7%
1Y
-12.1%

Does Tian Lun Gas Holdings (HKG:1600) Have A Healthy Balance Sheet?

Dec 23
Does Tian Lun Gas Holdings (HKG:1600) Have A Healthy Balance Sheet?
9908
HK$8.60
JiaXing Gas Group
7D
3.0%
1Y
13.9%

Is JiaXing Gas Group (HKG:9908) A Risky Investment?

Nov 20
Is JiaXing Gas Group (HKG:9908) A Risky Investment?
1407
HK$0.57
Jy Gas
7D
-1.7%
1Y
42.5%

Here's Why Jy Gas (HKG:1407) Can Manage Its Debt Responsibly

Nov 05
Here's Why Jy Gas (HKG:1407) Can Manage Its Debt Responsibly
603
HK$0.17
China Oil And Gas Group
7D
-5.2%
1Y
1.9%

Return Trends At China Oil And Gas Group (HKG:603) Aren't Appealing

Oct 28
Return Trends At China Oil And Gas Group (HKG:603) Aren't Appealing
2886
HK$1.09
Binhai Investment
7D
0%
1Y
-6.0%