RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Hong Kong and China Gas Co - Stock

Hong Kong and China Gas Co Liabilities 2024

Hong Kong and China Gas Co Liabilities

102.12 B HKD

Ticker

3.HK

ISIN

HK0003000038

WKN

864603

In 2024, Hong Kong and China Gas Co's total liabilities amounted to 102.12 B HKD, a -2.61% difference from the 104.86 B HKD total liabilities in the previous year.

Hong Kong and China Gas Co Aktienanalyse

What does Hong Kong and China Gas Co do?

The Hong Kong and China Gas Co Ltd, also known as Towngas, is a leading gas company headquartered in Hong Kong. It was founded in 1862 as a city gas company to provide gas lighting in the streets of Hong Kong. In 1934, the first gas distribution plant was opened in Kowloon, which was the largest urban gas distribution system in Asia at that time. Since then, the company has continuously developed and is now a multinational corporation operating in many different countries. In recent years, the company has made significant investments in expanding its gas network and promoting the use of renewable energy. It operates in six different business segments: gas distribution, engineering, flagship projects, renewable energy, gas products and facilities, and property and investment. Gas distribution is the core business of Towngas, providing households and businesses with natural gas, liquefied natural gas, and liquified petroleum gas. The company operates an extensive gas network that has been continuously expanding over the years. It also specializes in providing gas infrastructure, offering engineering services, as well as construction and maintenance of gas pipelines and facilities. The flagship projects division focuses on pioneering initiatives that utilize alternative energy sources and technologies. The company works on projects that promote better energy efficiency and environmental sustainability. One example is the opening of the world's first floating solar power plant near Hong Kong. The renewable energy division is another emerging business segment of Towngas, providing services related to the development and utilization of alternative energy sources. This includes solar panels, hydroelectric power plants, waste disposal, and biomass. The company also engages in research on new technologies and methods for renewable energy generation. The gas products and facilities division manufactures a wide range of products, including household appliances, cooking equipment, heat exchangers, gas meters, and many more. These products are used by many people in Hong Kong and China and are known for their high quality and reliability. Lastly, the property and investment division is involved in real estate and investment activities. The company owns and manages a large number of properties in both Hong Kong and mainland China. Additionally, Towngas is engaged in infrastructure, finance, and telecommunications. Due to the ongoing economic development in China and the increasing demand for clean energy, the company will continue to grow and expand. With its wide range of services and products, technologies, and innovative capabilities, Towngas will undoubtedly play an important role in the energy sector in the future. Hong Kong and China Gas Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Hong Kong and China Gas Co's Liabilities

Hong Kong and China Gas Co's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Hong Kong and China Gas Co's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Hong Kong and China Gas Co's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Hong Kong and China Gas Co's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Hong Kong and China Gas Co’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Hong Kong and China Gas Co Stock

What is the level of liabilities of Hong Kong and China Gas Co this year?

Hong Kong and China Gas Co has a debt balance of 102.12 B HKD this year.

What were the liabilities of Hong Kong and China Gas Co compared to the previous year?

The liabilities of Hong Kong and China Gas Co have increased by -2.61% dropped compared to the previous year.

What are the consequences of high debt for investors of Hong Kong and China Gas Co?

High liabilities can pose a risk for investors of Hong Kong and China Gas Co, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Hong Kong and China Gas Co?

Low liabilities mean that Hong Kong and China Gas Co has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Hong Kong and China Gas Co affect the company?

An increase in liabilities of Hong Kong and China Gas Co can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Hong Kong and China Gas Co affect the company?

A decrease in the liabilities of Hong Kong and China Gas Co can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Hong Kong and China Gas Co?

Some factors that can influence the liabilities of Hong Kong and China Gas Co include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Hong Kong and China Gas Co so important for investors?

The liabilities of Hong Kong and China Gas Co are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Hong Kong and China Gas Co take to modify the liabilities?

To change its liabilities, Hong Kong and China Gas Co can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Hong Kong and China Gas Co pay?

Over the past 12 months, Hong Kong and China Gas Co paid a dividend of 0.35 HKD . This corresponds to a dividend yield of about 5.99 %. For the coming 12 months, Hong Kong and China Gas Co is expected to pay a dividend of 0.34 HKD.

What is the dividend yield of Hong Kong and China Gas Co?

The current dividend yield of Hong Kong and China Gas Co is 5.99 %.

When does Hong Kong and China Gas Co pay dividends?

Hong Kong and China Gas Co pays a quarterly dividend. This is distributed in the months of July, September, July, July.

How secure is the dividend of Hong Kong and China Gas Co?

Hong Kong and China Gas Co paid dividends every year for the past 23 years.

What is the dividend of Hong Kong and China Gas Co?

For the upcoming 12 months, dividends amounting to 0.34 HKD are expected. This corresponds to a dividend yield of 5.84 %.

In which sector is Hong Kong and China Gas Co located?

Hong Kong and China Gas Co is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Hong Kong and China Gas Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hong Kong and China Gas Co from 6/24/2024 amounting to 0.03 HKD, you needed to have the stock in your portfolio before the ex-date on 6/10/2024.

When did Hong Kong and China Gas Co pay the last dividend?

The last dividend was paid out on 6/24/2024.

What was the dividend of Hong Kong and China Gas Co in the year 2023?

In the year 2023, Hong Kong and China Gas Co distributed 0.35 HKD as dividends.

In which currency does Hong Kong and China Gas Co pay out the dividend?

The dividends of Hong Kong and China Gas Co are distributed in HKD.

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Andere Kennzahlen von Hong Kong and China Gas Co

Our stock analysis for Hong Kong and China Gas Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hong Kong and China Gas Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.