1083 Stock Overview

An investment holding company, sells piped gas, renewable energy, and other types of energy in the People’s Republic of China. More details

1083 fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	4/6
Financial Health	0/6
Dividends	4/6

Rewards

Trading at 33.1% below our estimate of its fair value

Earnings are forecast to grow 12.5% per year

Earnings grew by 15.7% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 5.03% is not well covered by free cash flows

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

Towngas Smart Energy Company Limited Competitors

Zhongyu Energy Holdings

SEHK:3633

HK$12.5b

Beijing Enterprises Holdings

SEHK:392

HK$32.3b

Tian Lun Gas Holdings

SEHK:1600

HK$3.5b

China Gas Holdings

SEHK:384

HK$35.3b

Price History & Performance

Summary of share price highs, lows and changes for Towngas Smart Energy
Historical stock prices
Current Share Price	HK$3.18
52 Week High	HK$3.67
52 Week Low	HK$2.66
Beta	0.77
1 Month Change	3.92%
3 Month Change	5.65%
1 Year Change	2.58%
3 Year Change	-54.11%
5 Year Change	-41.44%
Change since IPO	-61.78%

Recent updates

Shareholder Returns

	1083	HK Gas Utilities	HK Market
7D	2.6%	-0.1%	-0.5%
1Y	2.6%	5.0%	19.9%

Return vs Industry: 1083 underperformed the Hong Kong Gas Utilities industry which returned 5% over the past year.

Return vs Market: 1083 underperformed the Hong Kong Market which returned 19.9% over the past year.

Price Volatility

Is 1083's price volatile compared to industry and market?
1083 volatility
1083 Average Weekly Movement	4.0%
Gas Utilities Industry Average Movement	5.6%
Market Average Movement	8.8%
10% most volatile stocks in HK Market	18.6%
10% least volatile stocks in HK Market	4.1%

Stable Share Price: 1083 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 1083's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1998	24,171	Peter Wong	www.towngassmartenergy.com

Towngas Smart Energy Company Limited, an investment holding company, sells piped gas, renewable energy, and other types of energy in the People’s Republic of China. The company operates through Sales of Piped Gas Business; Gas Connection; Renewable Energy Business; and Extended Business. It engages in the construction of gas pipelines; provision of photovoltaic power, and other related energy and services; sale of gas related household appliances; and other value-added services.

Towngas Smart Energy Company Limited Fundamentals Summary

How do Towngas Smart Energy's earnings and revenue compare to its market cap?
1083 fundamental statistics
Market cap	HK$11.07b
Earnings (TTM)	HK$1.20b
Revenue (TTM)	HK$20.46b

9.2x

P/E Ratio

0.5x

P/S Ratio

Is 1083 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1083 income statement (TTM)
Revenue	HK$20.46b
Cost of Revenue	HK$15.53b
Gross Profit	HK$4.93b
Other Expenses	HK$3.73b
Earnings	HK$1.20b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.35
Gross Margin	24.10%
Net Profit Margin	5.87%
Debt/Equity Ratio	75.1%

How did 1083 perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

45%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 05:48
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

Towngas Smart Energy Company Limited is covered by 35 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.
Christeen So	CCB International Securities Limited
Bei Na Yan	China International Capital Corporation Limited