HCGS Stock Overview

Produces, distributes, and markets gas, water supply and energy services in Hong Kong and Mainland China. More details

HCGS fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	1/6
Past Performance	2/6
Financial Health	1/6
Dividends	4/6

Rewards

Earnings are forecast to grow 8.94% per year

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 5.77% is not well covered by earnings or free cash flows

My Notes

Capture your thoughts, links and company narrative

The Hong Kong and China Gas Company Limited Competitors

EnBW Energie Baden-Württemberg

XTRA:EBK

€16.5b

RWE

XTRA:RWE

€21.0b

E.ON

XTRA:EOAN

€29.0b

Snam

BIT:SRG

€14.2b

Price History & Performance

Summary of share price highs, lows and changes for Hong Kong and China Gas
Historical stock prices
Current Share Price	HK$0.71
52 Week High	HK$0.79
52 Week Low	HK$0.58
Beta	0.60
1 Month Change	4.41%
3 Month Change	4.41%
1 Year Change	17.36%
3 Year Change	-42.74%
5 Year Change	n/a
Change since IPO	-31.97%

Recent updates

Shareholder Returns

	HCGS	DE Gas Utilities	DE Market
7D	2.9%	-0.4%	-2.0%
1Y	17.4%	-9.8%	6.9%

Return vs Industry: HCGS exceeded the German Gas Utilities industry which returned -9.8% over the past year.

Return vs Market: HCGS exceeded the German Market which returned 6.9% over the past year.

Price Volatility

Is HCGS's price volatile compared to industry and market?
HCGS volatility
HCGS Average Weekly Movement	2.2%
Gas Utilities Industry Average Movement	3.0%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.3%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: HCGS has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: HCGS's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1862	55,951	Peter Wong	www.towngas.com

The Hong Kong and China Gas Company Limited, together with its subsidiaries, produces, distributes, and markets gas, water supply and energy services in Hong Kong and Mainland China. It is involved in the provision of smart energy, piped city-gas, upstream and midstream projects, water supply and wastewater treatment, urban waste resource utilization, and natural gas filling stations, as well as new energy exploration and utilization activities. The company develops new energy projects that are low in emissions and pollution, which includes clean coal chemical business, liquefaction of methane, etc., as well as supplies town gas.

The Hong Kong and China Gas Company Limited Fundamentals Summary

How do Hong Kong and China Gas's earnings and revenue compare to its market cap?
HCGS fundamental statistics
Market cap	€13.96b
Earnings (TTM)	€677.41m
Revenue (TTM)	€6.81b

20.6x

P/E Ratio

2.0x

P/S Ratio

Is HCGS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HCGS income statement (TTM)
Revenue	HK$55.29b
Cost of Revenue	HK$33.56b
Gross Profit	HK$21.73b
Other Expenses	HK$16.23b
Earnings	HK$5.50b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.29
Gross Margin	39.30%
Net Profit Margin	9.94%
Debt/Equity Ratio	89.5%

How did HCGS perform over the long term?

See historical performance and comparison

Dividends

5.8%

Current Dividend Yield

119%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 05:54
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The Hong Kong and China Gas Company Limited is covered by 34 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Cho Ming Lau	BOCI Research Ltd.
Peter Yao	BOCI Research Ltd.
Fei Wu	BOCOM International Securities Limited