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Hong Kong and China Gas Co Stock

Hong Kong and China Gas Co Equity 2025

Hong Kong and China Gas Co Equity

59.85 B HKD

Ticker

3.HK

ISIN

HK0003000038

WKN

864603

In 2025, Hong Kong and China Gas Co's equity was 59.85 B HKD, a -5.91% increase from the 63.61 B HKD equity 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.

Equity Details

Analyzing Hong Kong and China Gas Co's Equity

Hong Kong and China Gas Co's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Hong Kong and China Gas Co's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Hong Kong and China Gas Co's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Hong Kong and China Gas Co's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Hong Kong and China Gas Co’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Hong Kong and China Gas Co stock

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

Hong Kong and China Gas Co has equity of 59.85 B HKD this year.

What was the equity of Hong Kong and China Gas Co compared to the previous year?

The equity of Hong Kong and China Gas Co has increased/decreased by -5.91% decreased compared to the previous year.

What impact does a high equity have on investors of Hong Kong and China Gas Co?

A high equity is advantageous for investors of Hong Kong and China Gas Co as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Hong Kong and China Gas Co?

A low equity can be a risk for investors of Hong Kong and China Gas Co, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

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

An increase in equity of Hong Kong and China Gas Co can strengthen the company's financial position and improve its ability to make investments in the future.

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

A reduction in equity of Hong Kong and China Gas Co can affect the financial situation of the company and lead to a higher dependence on debt capital.

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

Some factors that can affect the equity of Hong Kong and China Gas Co include profits, dividend payments, capital increases, and acquisitions.

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

The equity of Hong Kong and China Gas Co is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Hong Kong and China Gas Co take to change the equity?

To change equity, Hong Kong and China Gas Co can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

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 5.72 %. 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 5.72 %.

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, July, September, September.

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 5.58 %.

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 9/11/2024 amounting to 0.02 HKD, you needed to have the stock in your portfolio before the ex-date on 8/30/2024.

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

The last dividend was paid out on 9/11/2024.

What was the dividend of Hong Kong and China Gas Co in the year 2024?

In the year 2024, 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.