Hong Kong and China Gas Co Market capitalization 2024

The Hong Kong and China Gas Co Market capitalization history

YEAR	REVENUE (undefined HKD)	GROSS MARGIN (%)	NET INCOME (undefined HKD)
2026e	65.37	33,62	7.39
2025e	62.42	35,21	6.96
2024e	59.85	36,72	6.58
2023	56.97	38,57	6.07
2022	60.95	35,51	5.25
2021	53.56	39,15	5.02
2020	40.93	46,28	6.01
2019	40.63	46,33	6.97
2018	39.07	47,28	9.31
2017	32.48	51,68	8.23
2016	28.56	55,49	7.34
2015	29.59	52,36	7.3
2014	31.61	48,45	7.11
2013	28.25	47,88	6.85
2012	24.92	49,27	7.73
2011	22.43	50,27	6.15
2010	19.38	48,18	5.59
2009	12.35	61,49	5.18
2008	12.35	54,60	4.3
2007	14.23	60,39	9.27
2006	13.47	58,47	5.86
2005	9.35	58,11	5.28
2004	8.15	63,78	3.05

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.

Market capitalization Details

Exploring Hong Kong and China Gas Co's Market Capitalization

Hong Kong and China Gas Co's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Hong Kong and China Gas Co's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Hong Kong and China Gas Co's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Hong Kong and China Gas Co’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Hong Kong and China Gas Co Stock

What is the current Hong Kong and China Gas Co market capitalization?

The current market capitalization of Hong Kong and China Gas Co is 109.53 B HKD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Hong Kong and China Gas Co.

How has the market capitalization of Hong Kong and China Gas Co developed in recent years?

The market capitalization of Hong Kong and China Gas Co has increased/decreased by -8.62% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Hong Kong and China Gas Co?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Hong Kong and China Gas Co?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Hong Kong and China Gas Co have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

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 5.96 %. 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 5.96 %.

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 5.81 %.

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.