1. Hong Kong Stocks

  2. •

    Utilities

  3. •

    Regulated Gas
The Hong Kong and China Gas Company Limited

The Hong Kong and China Gas Company Limited

0003.HK
The Hong Kong and China Gas Company LimitedHK flagHong Kong Stock Exchange
6.94
HKD
- -
- -
129.50BMarket Cap
The Hong Kong and China Gas Company Limited
0003.HK
(Hong Kong Stock Exchange)

Recent

price

6.94

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
1.04
1.2
1.33
1.51
1.69
1.59
1.53
1.74
2.09
2.18
2.19
2.87
3.27
3.05
2.97
2.91
Revenue per Share
0.3
0.33
0.41
0.37
0.39
0.4
0.4
0.45
0.5
0.38
0.33
0.27
0.29
0.33
0.31
0.3
Basic EPS, GAAP
0.05
0.01
0.04
0.09
0.1
0.1
0.12
0.13
0.14
0.15
0.14
0.11
0.07
0.13
0.14
0.29
Free Cash Flow per Basic Share
0.13
0.14
0.23
0.17
0.19
0.2
0.22
0.25
0.27
0.3
0.32
0.34
0.35
0.35
0.35
0.35
Dividend per Share
0.18
0.28
0.22
0.25
0.42
2.78
2.94
0.29
3.37
3.45
0.29
3.4
3.33
0.29
3.27
3.24
Book Value per Share
2.07
2.29
2.49
2.74
3.02
3.02
3.07
3.45
3.46
3.63
3.81
3.94
3.61
3.47
3.34
3.5
Tangible Book Value per Share
18,671
18,671
18,671
18,671
18,669
18,663
18,661
18,660
18,660
18,660
18,660
18,660
18,660
18,660
18,660
18,660
Basic Weighted Avg Shares
19,375
22,427
24,922
28,246
31,615
29,591
28,557
32,476
39,073
40,628
40,927
53,564
60,953
56,971
55,473
54,326
Sales/Revenue/Turnover
23.97
25.3
23.54
23.58
22.84
22.88
24.21
22.23
20.87
16.81
19.43
13.61
13.72
14.28
14.74
14.97
Operating Margin (%)
1,152
1,311
1,465
1,649
1,952
2,075
2,223
2,375
2,537
2,754
2,941
3,289
3,525
3,549
3,568
3,803
Depreciation Expense
5,585
6,150
7,712
6,854
7,211
7,412
7,451
8,336
9,420
7,064
6,118
5,128
5,359
6,178
5,712
5,688
Net Income, GAAP
14.66
16.66
15.02
17.59
17.94
17.43
16.01
15.77
15.46
22.01
19.19
25.71
22.72
21.83
20.37
21.97
Effective Tax Rate (%)
28.82
27.42
30.94
24.26
22.81
25.05
26.09
25.67
24.11
17.39
14.95
9.57
8.79
10.84
10.3
10.47
Profit Margin (%)
434
6,552
4,185
2,427
3,952
452
1,623
-7,582
-5,539
-6,038
-9,650
-14,346
-14,812
-15,460
-11,727
-14,231
Working Capital
11,781
21,628
25,270
24,423
24,507
23,385
27,296
21,162
27,609
28,953
31,482
37,215
40,180
39,426
44,455
43,724
LT Debt
41,209
46,274
50,350
56,370
62,224
62,113
62,898
70,246
70,193
75,397
79,153
81,839
75,139
71,019
68,334
71,389
Total Equity
6.47
6.91
6.36
6.37
6.43
5.82
5.98
5.89
6.37
4.77
5.38
4.14
4.7
4.78
5.07
4.87
Return on Invested Capital (%)
20.23
19.06
19.95
15.93
15.86
10.81
8.12
11.42
11.85
6.34
7.07
5.35
4.35
6.66
6.32
4.69
Return on Capital (%)
169.71
142.64
165.03
156.48
115.56
24.82
13.96
27.61
27.55
11.1
17.51
14.9
8.55
18.3
17.18
9.37
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.57%
-1.92%
4.47%
Free Cash Flow
18.11%
29.51%
112.64%
Net Income, GAAP
-1.74%
-0.87%
-0.41%
Sales/Revenue/Turnover
6.87%
6.69%
-2.07%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
56,971
2024
- -
- -
- -
- -
55,473
2025
- -
- -
- -
- -
54,326

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.33
2024
- -
- -
- -
- -
0.31
2025
- -
- -
- -
- -
0.3

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.35
2024
- -
- -
- -
- -
0.35
2025
- -
- -
- -
- -
0.35
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Business
The Hong Kong and China Gas Company Limited The Hong Kong and China Gas Company Limited (Towngas), founded in 1862 and headquartered at 363 Java Road, North Point, Hong Kong, operates as Hong Kong's sole provider of territory-wide town gas and one of the largest energy suppliers in the region, producing, distributing, and marketing gas, water supply, and energy-related services primarily in Hong Kong and mainland China. The company offers core products and services including city gas operations, natural gas pipelines and storage facilities, piped water supply and wastewater treatment, renewable energy solutions such as photovoltaic projects with over 2.6 GW grid-connected capacity and energy storage systems totaling 260 MWh, green energy ventures encompassing hydrogen energy, green methanol production, and sustainable aviation fuel (SAF) via a Malaysian plant slated for production by late 2025 with over 400,000 tonnes annual capacity, piping installation and design, kitchen design solutions including cabinets and appliances under brands like Mia Cucina, automatic meter reading systems, network connectivity and ICT services, engineering procurement and construction, property development and investment such as stakes in International Finance Centre and Grand Promenade, and manufacturing of polyethylene piping, gas meters, and household goods. It serves residential, commercial, industrial, and institutional customers across Hong Kong where it supplies 85% of households, and over 500 utility projects in mainland China spanning 30 provinces with 45 million gas customers supporting nearly 120 million people, while targeting expansions in the 'new trio' industries of electric vehicles, lithium batteries, and photovoltaics. Recent developments include the integration of Hong Kong and mainland extended business operations with a trade-in policy and new offerings like smart kitchen solutions and home safety insurance, strategic funding of US$45 million for Towngas Lifestyle from Oriza FOFs and FountainVest to boost AI/IoT platforms and nationwide expansion, a joint venture VENEX with Foran Energy for a 200,000-tonne green methanol plant in Foshan by 2027, a multi-year SAF supply agreement with British Airways, a November 2025 strategic cooperation with China Resources Gas to establish a Low-Carbon Smart Gas Joint Innovation Centre, and steady advancement of hydrogen commercialization in construction and charging sites alongside photovoltaic growth.