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

Hong Kong and China Gas Co P/S 2025

Hong Kong and China Gas Co P/S

1.84

Ticker

3.HK

ISIN

HK0003000038

WKN

864603

As of Jan 8, 2025, Hong Kong and China Gas Co's P/S ratio stood at 1.84, a -5.15% change from the 1.94 P/S ratio recorded in the previous year.

The Hong Kong and China Gas Co P/S history

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.

P/S Details

Decoding Hong Kong and China Gas Co's P/S Ratio

Hong Kong and China Gas Co's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Hong Kong and China Gas Co's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Hong Kong and China Gas Co's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Hong Kong and China Gas Co’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Hong Kong and China Gas Co stock

What is the price-to-earnings ratio of Hong Kong and China Gas Co?

The price-earnings ratio of Hong Kong and China Gas Co is currently 1.84.

How has the price-earnings ratio of Hong Kong and China Gas Co changed compared to last year?

The price-to-earnings ratio of Hong Kong and China Gas Co has increased by -5.15% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Hong Kong and China Gas Co high compared to other companies?

Yes, the price-to-earnings ratio of Hong Kong and China Gas Co is high compared to other companies.

How does an increase in the price-earnings ratio of Hong Kong and China Gas Co affect the company?

An increase in the price-earnings ratio of Hong Kong and China Gas Co would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Hong Kong and China Gas Co affect the company?

A decrease in the price-earnings ratio of Hong Kong and China Gas Co would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Hong Kong and China Gas Co?

Some factors that influence the price-earnings ratio of Hong Kong and China Gas Co are the company's growth, financial position, industry development, and the overall economic situation.

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 5.77 %. 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 5.77 %.

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 5.62 %.

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.