The Hong Kong and China Gas Company Limited (HOKCF)
The Hong Kong and China Gas Company Limited operates in the Regulated Gas industry of the Utilities sector, headquartered in Hong Kong, HK. The stock last traded at $0.87, up 0.00% on the session, giving a market capitalisation of $16.21B. On trailing twelve-month figures it carries a trailing P/E of 21.79, a net margin of 10.5%. Its beta of 0.55 implies it has historically moved less than the broad market.
The Hong Kong and China Gas Company Limited, founded in 1862 and based in North Point, Hong Kong, operates as a comprehensive energy and infrastructure group. Its primary activities involve the production, distribution, and sale of gas across Hong Kong and Mainland China, supplying town gas to approximately 1.9 million customers. This includes handling liquefied natural gas, methanol, coal-derived chemicals, and harnessing biomass and agricultural waste, alongside managing natural gas refilling stations and participating in upstream and midstream gas ventures. Beyond its core gas business, the company's diverse portfolio encompasses renewable energy initiatives like photovoltaic projects, water management services such as water supply and wastewater treatment for 2.4 million customers, energy exploration, and aviation fuel facility operations. It also extends into the technology sector, providing network connectivity, data center, cloud computing, software development, and systems integration services. Furthermore, the firm offers specialized consultancy and engineering contracting for utilities, infrastructure, and civil and building services, while also manufacturing gas meters, metering systems, and polyethylene piping. The company's extensive ancillary operations include customer service centers, retail outlets, food and beverage establishments, laundry services, automatic meter reading system development, laboratory testing, payment gateway solutions, project management, logistics, financing, research and development, property development, and securities investment.
The Hong Kong and China Gas Company Limited is most often compared with the following Utilities names: