Ratings The Hong Kong and China Gas Co Ltd

Equities

3 HK0003000038

Market Closed - Hong Kong S.E. Other stock markets 04:08:39 2024-05-28 am EDT			5-day change	1st Jan Change
6.25 ^HKD	-0.95%		-2.80%	+4.52%

May. 09	I2Cool Limited announced that it has received HKD 100 million in funding from Futuretimes Technology India Private Limited, The Hong Kong and China Gas Company Limited, Trustar Capital and other investors	CI
Apr. 24	Hong Kong & China Gas Logs Higher 2023 Profit Despite Lower Revenue	MT

Summary

Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
According to Refinitiv, the company's ESG score for its industry is good.

Strengths

The company is one of the best yield companies with high dividend expectations.
Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
Over the past four months, analysts' average price target has been revised upwards significantly.
Analyst opinion has improved significantly over the past four months.
Consensus analysts have strongly revised their opinion of the company over the past 12 months.
There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
Analysts' price targets are all relatively close, reflecting good visibility on the company's valuation.

Weaknesses

The company's currently anticipated earnings per share (EPS) growth for the next few years is a notable weakness.
The company is in a hindered financial situation with significant debt and rather low EBITDA levels.
The valuation of the company is particularly high given the cash flows generated by its activity.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
The group usually releases earnings worse than estimated.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Natural Gas Utilities

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
THE HONG KONG AND CHINA GAS CO LTD	+4.52%	15.08B		A-
ENN ENERGY HOLDINGS LIMITED	+30.43%	10.9B		A-
KUNLUN ENERGY COMPANY LIMITED	+20.17%	9.32B		C+
CHINA RESOURCES GAS GROUP LIMITED	+8.79%	8.39B		B
ENN NATURAL GAS CO.,LTD.	+10.34%	7.91B		A-
GRUPO ENERGÍA BOGOTÁ S.A. E.S.P.	+35.79%	6.15B		A-
SOUTHWEST GAS HOLDINGS, INC.	+19.97%	5.46B		B-
NEW FORTRESS ENERGY INC.	-33.85%	5.15B		C-
BROOKFIELD INFRASTRUCTURE CORPORATION	+0.20%	5.08B	-	D+
UGI CORPORATION	-1.38%	5.04B		C

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes