The Hong Kong and China Gas Company Limited

SEHK:3 Stock Report

Market Cap: HK$113.3b

Hong Kong and China Gas Past Earnings Performance

Past criteria checks 2/6

Hong Kong and China Gas's earnings have been declining at an average annual rate of -6.8%, while the Gas Utilities industry saw earnings declining at 1.1% annually. Revenues have been growing at an average rate of 9.8% per year. Hong Kong and China Gas's return on equity is 9.4%, and it has net margins of 9.9%.

Key information

-6.8%

Earnings growth rate

-6.8%

EPS growth rate

Gas Utilities Industry Growth1.0%
Revenue growth rate9.8%
Return on equity9.4%
Net Margin9.9%
Last Earnings Update30 Jun 2024

Recent past performance updates

Hong Kong and China Gas' (HKG:3) Conservative Accounting Might Explain Soft Earnings

Sep 09
Hong Kong and China Gas' (HKG:3) Conservative Accounting Might Explain Soft Earnings

Recent updates

Hong Kong and China Gas (HKG:3) Has Some Way To Go To Become A Multi-Bagger

Dec 06
Hong Kong and China Gas (HKG:3) Has Some Way To Go To Become A Multi-Bagger

Some Shareholders Feeling Restless Over The Hong Kong and China Gas Company Limited's (HKG:3) P/E Ratio

Nov 15
Some Shareholders Feeling Restless Over The Hong Kong and China Gas Company Limited's (HKG:3) P/E Ratio

Is The Hong Kong and China Gas Company Limited (HKG:3) Worth HK$6.0 Based On Its Intrinsic Value?

Oct 31
Is The Hong Kong and China Gas Company Limited (HKG:3) Worth HK$6.0 Based On Its Intrinsic Value?

Hong Kong and China Gas' (HKG:3) Conservative Accounting Might Explain Soft Earnings

Sep 09
Hong Kong and China Gas' (HKG:3) Conservative Accounting Might Explain Soft Earnings

Is Hong Kong and China Gas (HKG:3) A Risky Investment?

Aug 19
Is Hong Kong and China Gas (HKG:3) A Risky Investment?

Hong Kong and China Gas (HKG:3) Will Pay A Dividend Of HK$0.12

Aug 19
Hong Kong and China Gas (HKG:3) Will Pay A Dividend Of HK$0.12

The Hong Kong and China Gas Company Limited's (HKG:3) Business Is Yet to Catch Up With Its Share Price

Jul 11
The Hong Kong and China Gas Company Limited's (HKG:3) Business Is Yet to Catch Up With Its Share Price

Return Trends At Hong Kong and China Gas (HKG:3) Aren't Appealing

Jun 19
Return Trends At Hong Kong and China Gas (HKG:3) Aren't Appealing

Hong Kong and China Gas (HKG:3) Will Pay A Dividend Of HK$0.23

Apr 24
Hong Kong and China Gas (HKG:3) Will Pay A Dividend Of HK$0.23

Is Hong Kong and China Gas (HKG:3) Using Too Much Debt?

Apr 09
Is Hong Kong and China Gas (HKG:3) Using Too Much Debt?

Earnings Report: The Hong Kong and China Gas Company Limited Missed Revenue Estimates By 8.2%

Mar 23
Earnings Report: The Hong Kong and China Gas Company Limited Missed Revenue Estimates By 8.2%

Returns On Capital At Hong Kong and China Gas (HKG:3) Have Hit The Brakes

Mar 19
Returns On Capital At Hong Kong and China Gas (HKG:3) Have Hit The Brakes

The Hong Kong and China Gas Company Limited's (HKG:3) Share Price Could Signal Some Risk

Feb 13
The Hong Kong and China Gas Company Limited's (HKG:3) Share Price Could Signal Some Risk

Revenue & Expenses Breakdown

How Hong Kong and China Gas makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SEHK:3 Revenue, expenses and earnings (HKD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2455,2905,4963,9470
31 Mar 2456,1305,7833,9130
31 Dec 2356,9716,0703,8790
30 Sep 2358,6915,8093,8340
30 Jun 2360,4105,5483,7900
31 Mar 2360,6825,3983,7650
31 Dec 2260,9535,2483,7410
30 Sep 2259,7554,6903,7460
30 Jun 2258,5574,1323,7510
31 Mar 2256,0604,5743,6870
31 Dec 2153,5645,0173,6240
30 Sep 2150,4926,2793,5730
30 Jun 2147,4197,5403,5210
31 Mar 2144,1736,7743,4030
31 Dec 2040,9276,0073,2840
30 Sep 2039,7195,8753,3180
30 Jun 2038,5125,7433,3520
31 Mar 2039,5706,3543,4190
31 Dec 1940,6286,9663,4850
30 Sep 1940,4067,6893,4140
30 Jun 1940,1838,4133,3430
31 Mar 1939,6288,8633,3190
31 Dec 1839,0739,3133,2950
30 Sep 1837,6808,9283,2520
30 Jun 1836,2878,5433,2090
31 Mar 1834,3828,3843,1220
31 Dec 1732,4778,2253,0350
30 Sep 1731,1517,8543,0130
30 Jun 1729,8267,4822,9910
31 Mar 1729,1917,4112,9730
31 Dec 1628,5577,3412,9550
30 Sep 1628,6147,3612,9240
30 Jun 1628,6717,3802,8940
31 Mar 1629,1317,3412,8690
31 Dec 1529,5917,3022,8440
30 Sep 1530,2417,4962,8550
30 Jun 1530,8907,6902,8650
31 Mar 1531,2527,4512,7860
31 Dec 1431,6157,2112,7060
30 Sep 1431,2617,1102,5680
30 Jun 1430,9077,0082,4290
31 Mar 1429,5766,9312,3550
31 Dec 1328,2466,8542,2820

Quality Earnings: 3 has high quality earnings.

Growing Profit Margin: 3's current net profit margins (9.9%) are higher than last year (9.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 3's earnings have declined by 6.8% per year over the past 5 years.

Accelerating Growth: 3's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 3 had negative earnings growth (-0.9%) over the past year, making it difficult to compare to the Gas Utilities industry average (3.4%).

Return on Equity

High ROE: 3's Return on Equity (9.4%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 21:14
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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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.

AnalystInstitution
Cho Ming LauBOCI Research Ltd.
Peter YaoBOCI Research Ltd.
Fei WuBOCOM International Securities Limited