The Hong Kong and China Gas Company Limited (HOKCF) Stock

About The Hong Kong and China Gas Company Limited

The Hong Kong and China Gas Company Limited, founded in 1862 and based in North Point, Hong Kong, operates as a comprehensive energy and infrastructure group. Its primary activities involve the production, distribution, and sale of gas across Hong Kong and Mainland China, supplying town gas to approximately 1.9 million customers. This includes handling liquefied natural gas, methanol, coal-derived chemicals, and harnessing biomass and agricultural waste, alongside managing natural gas refilling stations and participating in upstream and midstream gas ventures. Beyond its core gas business, the company's diverse portfolio encompasses renewable energy initiatives like photovoltaic projects, water management services such as water supply and wastewater treatment for 2.4 million customers, energy exploration, and aviation fuel facility operations. It also extends into the technology sector, providing network connectivity, data center, cloud computing, software development, and systems integration services. Furthermore, the firm offers specialized consultancy and engineering contracting for utilities, infrastructure, and civil and building services, while also manufacturing gas meters, metering systems, and polyethylene piping. The company's extensive ancillary operations include customer service centers, retail outlets, food and beverage establishments, laundry services, automatic meter reading system development, laboratory testing, payment gateway solutions, project management, logistics, financing, research and development, property development, and securities investment.

The Hong Kong and China Gas Company Limited is headquartered in HK.

The Hong Kong and China Gas Company Limited (HOKCF) stock trades at $0.83 with a market capitalization of $15.49B. The stock is valued at a price-to-earnings (P/E) ratio of 21.58, price-to-book of 2.07, price-to-sales of 2.30. Over the past 52 weeks the stock has ranged between $0.83 and $0.97, and currently trades 14.4% below its 52-week high. It pays a dividend yielding 7.23%.

On profitability, The Hong Kong and China Gas Company Limited generates a return on equity (ROE) of 9.73%, return on capital employed of 6.49%, an operating margin of 14.97%, a net profit margin of 10.47%.

In its most recent fiscal year, The Hong Kong and China Gas Company Limited reported annual revenue of $54.3B, net profit of $5.7B, revenue has compounded at 5.8% a year over the last five years, profit at -1.5% a year.

The balance sheet shows a debt-to-equity ratio of 1.03, a current ratio of 0.62, total assets of $163.5B, $6.5B in cash and equivalents.

HOKCF has an average daily trading volume of 992 shares, a beta of 0.55 (less volatile than the overall market).

Official website: www.towngas.com