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  2. •

    Utilities

  3. •

    Regulated Gas
Towngas Smart Energy Company Limited

Towngas Smart Energy Company Limited

TGASF
Towngas Smart Energy Company LimitedUS flagOther OTC
0.43
USD
-NaN
- -
1.62BMarket Cap
Towngas Smart Energy Company Limited
TGASF
(Other OTC)

Recent

price

0.43

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
1.36
1.76
2.11
2.58
3
2.91
2.67
3.2
4.23
4.55
4.39
5.68
6.28
6.02
6.24
5.87
Revenue per Share
0.2
0.29
0.34
0.42
0.4
0.3
0.36
0.5
0.44
0.46
0.5
0.42
0.3
0.48
0.47
0.45
Basic EPS, GAAP
-0.07
-0.12
-0.22
-0.26
-0.31
-0.23
-0.12
-0.13
-0.41
-0.2
-0.06
-0.18
-0.64
-1.04
-0.44
-0.16
Free Cash Flow per Basic Share
0.02
0.03
0.05
0.06
0.02
0.04
0.02
0.02
0.04
0.03
0.02
0.02
0.04
0.05
0.05
0.05
Dividend per Share
0.78
0.98
0.1
0.1
0.1
2.27
2.59
0.1
0.1
0.1
0.1
0.1
4.44
4.63
4.88
5.07
Book Value per Share
2.55
2.55
2.77
2.88
3.03
3.17
3.28
3.96
4.21
5.12
5.67
6.28
5.68
6.07
6.09
6.45
Tangible Book Value per Share
2,186
2,458
2,460
2,605
2,623
2,650
2,686
2,738
2,790
2,841
2,920
3,017
3,198
3,299
3,414
3,560
Basic Weighted Avg Shares
2,981
4,321
5,183
6,716
7,882
7,718
7,181
8,760
11,787
12,924
12,826
17,125
20,073
19,842
21,314
20,912
Sales/Revenue/Turnover
11.07
13.57
14.35
13.77
13.53
13.18
14.25
14.72
13.55
13.69
14.41
12.48
8.08
8.58
9.22
6.89
Operating Margin (%)
198
247
276
331
402
449
480
521
608
693
762
868
918
1,070
1,238
1,322
Depreciation Expense
436
709
841
1,106
1,054
807
974
1,365
1,224
1,308
1,447
1,253
965
1,575
1,606
1,585
Net Income, GAAP
21.79
24.86
24.23
23.78
22.87
27.09
24.88
21.14
25.31
24.9
25.19
28.8
24.16
17.53
18.53
19.3
Effective Tax Rate (%)
14.62
16.4
16.22
16.47
13.37
10.46
13.56
15.59
10.39
10.12
11.28
7.32
4.81
7.94
7.54
7.58
Profit Margin (%)
-2,487
-793
-1,228
-2,336
-3,013
-3,491
-4,228
-5,760
-4,522
-5,108
-7,322
-9,645
-9,593
-8,334
-5,598
-7,535
Working Capital
904
3,374
4,139
4,482
5,069
5,585
5,184
5,072
6,721
6,841
6,416
10,821
10,699
11,004
11,857
10,854
LT Debt
9,135
10,299
11,287
13,478
14,444
14,700
14,664
17,198
17,769
20,300
22,649
25,173
23,863
25,230
25,758
28,160
Total Equity
2.26
3.08
3.38
3.64
3.78
3.18
3.25
4.07
4.34
4.45
4.12
3.72
2.69
3.12
3.59
2.57
Return on Invested Capital (%)
10.49
10.69
11.32
14.54
12.37
6.54
6.5
10.76
11.66
11.82
11.95
7.76
4.43
5.42
5.51
5.22
Return on Capital (%)
45.77
34.44
63.38
436.13
401.94
25.68
15
37.69
438.91
460.65
495.62
408.95
13.3
10.68
10.06
9.14
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
6.92%
4.62%
9.32%
Free Cash Flow
51.94%
89.83%
-61.39%
Net Income, GAAP
9.55%
5.5%
-1.29%
Sales/Revenue/Turnover
11.36%
11.02%
-1.89%
Total Cash Common Dividend
15.12%
24.63%
13.49%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
19,842
2024
- -
- -
- -
- -
21,314
2025
- -
- -
- -
- -
20,912

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.48
2024
- -
- -
- -
- -
0.47
2025
- -
- -
- -
- -
0.45

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.05
2024
- -
- -
- -
- -
0.05
2025
- -
- -
- -
- -
0.05
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Business
Towngas Smart Energy Company Limited (1083.HK; TGASF) is an investment holding company principally engaged in the sale, distribution and connection of piped gas and related products primarily on the Chinese mainland; it supplies natural gas to residential, commercial and industrial customers, constructs and operates city-gas infrastructure and pipelines, and provides renewable energy generation including solar photovoltaic systems, digitalised energy management services, carbon management services, and liquefied petroleum gas in bulk and cylinders. A subsidiary of The Hong Kong and China Gas Company Limited (Towngas), the company operates through segments such as sales and distribution of piped gas and related household appliances, gas connection projects, and extended businesses encompassing value-added energy solutions; it targets diverse customer bases across multiple provinces in China and maintains a presence in Hong Kong. Founded in 2000 as Towngas China and rebranded to Towngas Smart Energy in 2021 following a strategic HK$2.8 billion investment from Affinity Equity Partners representing 13.3% equity to accelerate its evolution into an integrated smart energy provider emphasizing integration, digitalisation via cloud computing and partnerships like Tencent, and decarbonisation through solar, distributed energy systems, power storage, microgrids and hydrogen initiatives, the company is headquartered at Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong, with registered offices in the Cayman Islands. In recent developments, Towngas Smart Energy reported core operating profit rising to HK$719 million for the first half of 2025, declared its first-ever interim dividend of HK5 cents per share on August 15, 2025, issued sustainability-linked bonds raising US$4 million, secured six key international ESG ratings, and advanced investments in smart meters exceeding 500,000 units alongside 10 MW solar capacity as part of ongoing expansions in clean energy solutions.