Should You Think About Buying China Resources Gas Group Limited (HKG:1193) Now?
Jul 07
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Hong Kong (HSI) Gas Utilities Industry Analysis
UpdatedJul 14, 2025
DataAggregated Company Financials
Companies18
- 7D-0.4%
- 3M2.9%
- 1Y-2.4%
- YTDn/a
Last week, the Gas Utilities industry hasn't moved much but Towngas Smart Energy is up 5.2% in that time. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 7.1% annually.
Industry Valuation and Performance
Has the Hong Kong Gas Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 14 Jul 2025 | HK$427.7b | HK$732.5b | HK$34.6b | 9.8x | 12.4x | 0.6x |
| Wed, 11 Jun 2025 | HK$429.4b | HK$732.6b | HK$34.4b | 8.3x | 12.5x | 0.6x |
| Fri, 09 May 2025 | HK$427.6b | HK$725.1b | HK$34.1b | 8.3x | 12.6x | 0.6x |
| Sun, 06 Apr 2025 | HK$434.1b | HK$722.7b | HK$33.9b | 8.4x | 12.8x | 0.6x |
| Tue, 04 Mar 2025 | HK$401.4b | HK$723.8b | HK$33.3b | 8.8x | 12x | 0.6x |
| Thu, 30 Jan 2025 | HK$396.7b | HK$727.2b | HK$33.5b | 8.7x | 11.9x | 0.5x |
| Sat, 28 Dec 2024 | HK$421.1b | HK$722.5b | HK$33.3b | 9x | 12.7x | 0.6x |
| Mon, 25 Nov 2024 | HK$399.6b | HK$727.8b | HK$33.5b | 8.4x | 11.9x | 0.5x |
| Wed, 23 Oct 2024 | HK$424.6b | HK$734.7b | HK$33.8b | 9.3x | 12.6x | 0.6x |
| Fri, 20 Sep 2024 | HK$401.9b | HK$739.2b | HK$34.0b | 8.3x | 11.8x | 0.5x |
| Sun, 18 Aug 2024 | HK$417.5b | HK$722.4b | HK$35.8b | 8.6x | 11.7x | 0.6x |
| Tue, 16 Jul 2024 | HK$436.6b | HK$718.5b | HK$36.5b | 9.4x | 12x | 0.6x |
| Thu, 13 Jun 2024 | HK$423.0b | HK$722.9b | HK$36.2b | 9.5x | 11.7x | 0.6x |
| Sat, 11 May 2024 | HK$449.0b | HK$724.8b | HK$36.3b | 9.7x | 12.4x | 0.6x |
| Mon, 08 Apr 2024 | HK$390.6b | HK$718.1b | HK$36.9b | 9.2x | 10.6x | 0.5x |
| Wed, 06 Mar 2024 | HK$400.7b | HK$717.2b | HK$36.3b | 9.8x | 11x | 0.6x |
| Fri, 02 Feb 2024 | HK$391.3b | HK$717.9b | HK$36.4b | 10x | 10.8x | 0.5x |
| Sun, 31 Dec 2023 | HK$411.1b | HK$721.2b | HK$36.5b | 10.3x | 11.3x | 0.6x |
| Tue, 28 Nov 2023 | HK$397.9b | HK$724.8b | HK$37.8b | 9.8x | 10.5x | 0.5x |
| Thu, 26 Oct 2023 | HK$391.9b | HK$718.9b | HK$37.6b | 9.7x | 10.4x | 0.5x |
| Sat, 23 Sep 2023 | HK$402.7b | HK$719.4b | HK$37.6b | 9.7x | 10.7x | 0.6x |
| Mon, 21 Aug 2023 | HK$426.0b | HK$717.5b | HK$37.1b | 10.2x | 11.5x | 0.6x |
| Wed, 19 Jul 2023 | HK$453.5b | HK$722.3b | HK$37.0b | 10.6x | 12.3x | 0.6x |
| Fri, 16 Jun 2023 | HK$493.4b | HK$723.2b | HK$39.5b | 11.3x | 12.5x | 0.7x |
| Sun, 14 May 2023 | HK$534.0b | HK$734.1b | HK$39.9b | 11.4x | 13.4x | 0.7x |
| Tue, 11 Apr 2023 | HK$490.5b | HK$738.4b | HK$40.1b | 9.6x | 12.2x | 0.7x |
| Thu, 09 Mar 2023 | HK$532.3b | HK$701.3b | HK$44.7b | 9.2x | 11.9x | 0.8x |
| Sat, 04 Feb 2023 | HK$548.1b | HK$711.7b | HK$45.2b | 8.8x | 12.1x | 0.8x |
| Mon, 02 Jan 2023 | HK$514.1b | HK$702.4b | HK$44.7b | 9.1x | 11.5x | 0.7x |
| Wed, 30 Nov 2022 | HK$472.1b | HK$689.1b | HK$44.1b | 8.1x | 10.7x | 0.7x |
| Fri, 28 Oct 2022 | HK$422.9b | HK$687.3b | HK$45.0b | 7.9x | 9.4x | 0.6x |
| Sun, 25 Sep 2022 | HK$496.5b | HK$689.3b | HK$45.1b | 9.2x | 11x | 0.7x |
| Tue, 23 Aug 2022 | HK$521.9b | HK$659.4b | HK$47.4b | 8.2x | 11x | 0.8x |
| Thu, 21 Jul 2022 | HK$569.0b | HK$633.1b | HK$49.2b | 8.9x | 11.6x | 0.9x |
Price to Earnings Ratio
11.6x
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 11.7x.
- The industry is trading close to its 3-year average PS ratio of 0.62x.
Past Earnings Growth
- The earnings for companies in the Gas Utilities industry have declined 11% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.0% 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 Comparison
How does Hong Kong Gas Utilities compare with similar industries?
| HK Market | 1.04% | |
| Utilities | 0.38% | |
| Gas Utilities | -0.38% | |
| Gas Utilities | -0.38% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1083 Towngas Smart Energy | HK$4.25 | 5.2% +HK$731.3m | 45.5% | PE9.2x | |
| 3 Hong Kong and China Gas | HK$6.71 | 0.3% +HK$373.2m | 2.8% | PE21.9x | |
| 384 China Gas Holdings | HK$7.84 | 0.6% +HK$272.4m | 4.8% | PE13.1x | |
| 1600 Tian Lun Gas Holdings | HK$3.35 | 2.4% +HK$77.5m | -9.7% | PE9.8x | |
| 9908 JiaXing Gas Group | HK$7.99 | 5.3% +HK$55.1m | 2.7% | PE5.4x |
