Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Hong Kong & China Gas Co Ltd (HK:0003)
HKEX:0003
Holding HK:0003?
Track your performance easily
0003 Stock Chart & Stats
Day’s RangeHK$0 - HK$0
52-Week RangeHK$5.25 - HK$6.66
Previous CloseHK$6.1
Volume12.86M
Average Volume (3M)21.62M
Market Cap
HK$113.83B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)20.7
Beta0.46
Next Earnings
Mar 19, 2025EPS EstimateN/A
Last Dividend Ex-Date
Aug 29, 2024Dividend Yield5.77%
Share Statistics
EPS (TTM)0.29
Shares OutstandingN/A
10 Day Avg. Volume14,725,848
30 Day Avg. Volume21,623,090
Standard Deviation0.06
R-Squared0.31
Alpha-0.00717
Financial Highlights & Ratios
Price to Book (P/B)0.00
Price to Sales (P/S)2.07
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$7.00Price Target Upside14.72% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Hong Kong & China Gas Co News
PremiumCompany Announcements
Hong Kong & China Gas Co Declares Interim Dividend
PremiumCompany Announcements
Hong Kong & China Gas Co Reports Robust Growth
PremiumCompany Announcements
Hong Kong & China Gas Co Board Meeting Update
PremiumCompany Announcements
Hong Kong & China Gas Co Announces Board Structure
PremiumCompany Announcements
Hong Kong & China Gas Co Announces Key Appointments
PremiumCompany Announcements
Hong Kong & China Gas Co AGM Resolutions PassedBulls Say, Bears Say
Bulls Say
Dividend YieldThe stock is currently trading at a FY24E dividend yield of 5.4%, one of the highest among HK utilities.
Financial PerformanceOperating profit after tax from other businesses grew strongly by 33% YoY, contributing 9% to total earnings.
Market PerformanceDollar margin has improved to Rmb0.47/c.m. in 1H24 from Rmb0.42/c.m. in 1H23, mainly helped by lower upstream natural gas costs and residential gas price hikes.
Bears Say
Financial PerformanceReported 1H24 net profit (HK$3.0bn) dropped 16% YoY mainly affected by one-off non-operating losses of HK$146mn in 1H24.
Gas ConsumptionThe gas consumption in Hong Kong dropped slightly by 0.2% YoY in 1H24, with residential gas demand declining by 2%.
Property MarketResidential new connections dropped 11% YoY in 1H24 due to a still weak property market.
---
Options Prices
Currently, No data available
---
Ownership Overview
―
Insiders
2.79% Mutual Funds
― Other Institutional Investors
92.65% Public Companies and
Individual Investors
0003 FAQ
What was Hong Kong & China Gas Co Ltd’s price range in the past 12 months?
Hong Kong & China Gas Co Ltd lowest stock price was HK$5.25 and its highest was HK$6.66 in the past 12 months.
What is Hong Kong & China Gas Co Ltd’s market cap?
Currently, no data Available
When is Hong Kong & China Gas Co Ltd’s upcoming earnings report date?
Hong Kong & China Gas Co Ltd’s upcoming earnings report date is Mar 19, 2025 which is in 126 days.
How were Hong Kong & China Gas Co Ltd’s earnings last quarter?
Hong Kong & China Gas Co Ltd released its earnings results on Aug 16, 2024. The company reported HK$0.16 earnings per share for the quarter, missing the consensus estimate of HK$0.163 by -HK$0.003.
Is Hong Kong & China Gas Co Ltd overvalued?
According to Wall Street analysts Hong Kong & China Gas Co Ltd’s price is currently Undervalued.
Does Hong Kong & China Gas Co Ltd pay dividends?
Hong Kong & China Gas Co Ltd pays a Annually dividend of HK$0.12 which represents an annual dividend yield of 5.77%. See more information on Hong Kong & China Gas Co Ltd dividends here
What is Hong Kong & China Gas Co Ltd’s EPS estimate?
Hong Kong & China Gas Co Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Hong Kong & China Gas Co Ltd have?
Hong Kong & China Gas Co Ltd has 18,659,870,000 shares outstanding.
What happened to Hong Kong & China Gas Co Ltd’s price movement after its last earnings report?
Hong Kong & China Gas Co Ltd reported an EPS of HK$0.16 in its last earnings report, missing expectations of HK$0.163. Following the earnings report the stock price went down -1.07%.
Which hedge fund is a major shareholder of Hong Kong & China Gas Co Ltd?
Currently, no hedge funds are holding shares in HK:0003
---
Hong Kong & China Gas Co Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
14.85%
12-Months-Change
Fundamentals
Return on Equity
9.51%
Trailing 12-Months
Asset Growth
-0.74%
Trailing 12-Months
Company Description
Hong Kong & China Gas Co Ltd
Hong Kong & China Gas Co. Ltd. engages in the production, distribution, and marketing of gas, water, and energy related activities. It operates through the following segments: Gas, Water & Related Business; New Energy; Property; and Others. The Gas, Water & Related Business segment is divided further into the Hong Kong and Mainland China geographical segments. The company was founded in 1862 and is headquartered in Hong Kong.
---
0003 Stock 12 Month Forecast
Average Price Target
HK$7.00
▲(14.72% Upside)
Technical Analysis
Sempra Energy
―
Naturgy Energy Group SA
―
UGI
―
New Jersey Resources
―
Hong Kong & China Gas Co
―
Best Analysts Covering 0003
1 Year
1 Year Success Rate
2/3 ratings generated profit
1 Year Average Return
+1.57%
reiterated a buy rating 3 months ago
Copying Stephen Tsui's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +1.57% per trade.
---