Stock HCGS THE HONG KONG AND CHINA GAS COMPANY LIMITED
Add to a list
To use this feature you must be a member
Log inSign up

Financials The Hong Kong and China Gas Company Limited Deutsche Boerse AG

Equities

HCGS

US4385503036

Natural Gas Utilities

Market Closed - Deutsche Boerse AG
Other stock markets
 02:12:29 2024-07-11 am EDT 		5-day change 1st Jan Change
0.7 EUR +0.72% Intraday chart for The Hong Kong and China Gas Company Limited +2.19% +12.90%
Jun. 25 The Hong Kong and China Gas Company Limited Announces Director Appointments CI
Jun. 19 Towngas Teams Up with French Firm to Launch Green Hydrogen Project in Hong Kong MT

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 257,599 205,792 226,531 138,456 111,586 116,811 - -
Enterprise Value (EV) 1 287,687 241,170 271,085 184,519 158,039 167,654 170,170 170,769
P/E ratio 36.9 x 34.3 x 45.1 x 28.2 x 18.9 x 18.2 x 17.2 x 16.1 x
Yield 2.3% 3.02% 2.88% 4.72% 5.85% 5.6% 5.6% 5.65%
Capitalization / Revenue 6.34 x 5.03 x 4.23 x 2.27 x 1.96 x 1.98 x 1.89 x 1.82 x
EV / Revenue 7.08 x 5.89 x 5.06 x 3.03 x 2.77 x 2.84 x 2.76 x 2.66 x
EV / EBITDA 26.7 x 21.3 x 21.3 x 15.3 x 13.3 x 13.4 x 12.9 x 12.2 x
EV / FCF 91 x 89.6 x 130 x 139 x 63.1 x 47.2 x 37.8 x 35.7 x
FCF Yield 1.1% 1.12% 0.77% 0.72% 1.58% 2.12% 2.64% 2.8%
Price to Book 4.01 x 2.98 x 3.24 x 2.18 x 1.86 x 1.92 x 1.91 x 1.9 x
Nbr of stocks (in thousands) 18,659,870 18,659,870 18,659,870 18,659,870 18,659,870 18,659,870 - -
Reference price 2 13.80 11.03 12.14 7.420 5.980 6.260 6.260 6.260
Announcement Date 3/19/20 3/19/21 3/21/22 3/17/23 3/20/24 - - -
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 40,628 40,927 53,564 60,953 56,971 58,933 61,668 64,298
EBITDA 1 10,777 11,340 12,702 12,046 11,915 12,510 13,197 14,021
EBIT 1 8,024 8,400 9,462 8,600 8,137 8,863 9,352 9,992
Operating Margin 19.75% 20.52% 17.66% 14.11% 14.28% 15.04% 15.16% 15.54%
Earnings before Tax (EBT) 1 10,404 8,926 8,381 8,184 9,174 9,548 10,126 10,933
Net income 1 6,966 6,007 5,017 5,248 6,070 6,293 6,693 7,239
Net margin 17.15% 14.68% 9.37% 8.61% 10.65% 10.68% 10.85% 11.26%
EPS 2 0.3737 0.3219 0.2690 0.2630 0.3160 0.3431 0.3638 0.3882
Free Cash Flow 1 3,161 2,693 2,083 1,324 2,504 3,549 4,498 4,783
FCF margin 7.78% 6.58% 3.89% 2.17% 4.4% 6.02% 7.29% 7.44%
FCF Conversion (EBITDA) 29.33% 23.74% 16.4% 10.99% 21.02% 28.37% 34.09% 34.11%
FCF Conversion (Net income) 45.38% 44.82% 41.51% 25.22% 41.25% 56.4% 67.21% 66.08%
Dividend per Share 2 0.3175 0.3333 0.3500 0.3500 0.3500 0.3506 0.3506 0.3536
Announcement Date 3/19/20 3/19/21 3/21/22 3/17/23 3/20/24 - - -
1HKD in Million2HKD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2022 S1 2023 S1
Net sales 1 - - 29,721 29,178
EBITDA - - - -
EBIT - - - -
Operating Margin - - - -
Earnings before Tax (EBT) 1 - - 5,130 5,687
Net income 1 2,667 4,200 3,315 3,614
Net margin - - 11.15% 12.39%
EPS 0.1429 0.2250 - -
Dividend per Share - - - -
Announcement Date 9/1/20 8/20/21 8/19/22 8/15/23
1HKD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 30,087 35,378 44,554 46,063 46,453 50,843 53,359 53,958
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.792 x 3.12 x 3.508 x 3.824 x 3.899 x 4.064 x 4.043 x 3.848 x
Free Cash Flow 1 3,161 2,693 2,083 1,324 2,504 3,549 4,498 4,783
ROE (net income / shareholders' equity) 11% 9.17% 7.48% 7.87% 10% 10.8% 11.4% 12.2%
ROA (Net income/ Total Assets) 5.1% 4.13% 3.15% 3.12% 3.7% 3.87% 4.09% 4.29%
Assets 1 136,582 145,455 159,174 168,205 164,123 162,707 163,711 168,752
Book Value Per Share 2 3.440 3.710 3.740 3.410 3.210 3.270 3.280 3.290
Cash Flow per Share 2 0.5300 0.5300 0.5600 0.5200 0.5900 0.5200 0.5500 0.5800
Capex 1 6,751 7,295 8,387 8,321 8,428 6,756 6,469 6,352
Capex / Sales 16.62% 17.82% 15.66% 13.65% 14.79% 11.46% 10.49% 9.88%
Announcement Date 3/19/20 3/19/21 3/21/22 3/17/23 3/20/24 - - -
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for The Hong Kong and China Gas Company Limited

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
6.26 HKD
Average target price
6.533 HKD
Spread / Average Target
+4.37%
Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Natural Gas Distribution

1st Jan change Capi.
KUNLUN ENERGY COMPANY LIMITED Stock Kunlun Energy Company Limited
+21.73% 9.37B
ENN ENERGY HOLDINGS LIMITED Stock ENN Energy Holdings Limited
+10.00% 8.88B
ENN NATURAL GAS CO.,LTD. Stock ENN Natural Gas Co.,Ltd.
+21.05% 8.56B
CHINA RESOURCES GAS GROUP LIMITED Stock China Resources Gas Group Limited
+12.50% 8.44B
GRUPO ENERGÍA BOGOTÁ S.A. E.S.P. Stock Grupo Energía Bogotá S.A. E.S.P.
+34.74% 5.79B
GUJARAT GAS LIMITED Stock Gujarat Gas Limited
+39.78% 5.38B
SOUTHWEST GAS HOLDINGS, INC. Stock Southwest Gas Holdings, Inc.
+13.92% 5.1B
BROOKFIELD INFRASTRUCTURE CORPORATION Stock Brookfield Infrastructure Corporation
+1.56% 5.01B
UGI CORPORATION Stock UGI Corporation
-6.26% 4.73B
Natural Gas Distribution
  1. Stock Market
  2. Equities
  3. 3 Stock
  4. HCGS Stock
  5. Financials The Hong Kong and China Gas Company Limited