The Hong Kong and China Gas Company Limited (HOKCY)
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 $0.84, up 0.00% on the session, giving a market capitalisation of $15.67B. 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.
Established in 1862 and headquartered in North Point, Hong Kong, The Hong Kong and China Gas Company Limited is a comprehensive energy and utilities provider. The company's core business revolves around the production, distribution, and marketing of gas throughout Hong Kong and Mainland China, supplying town gas to approximately 1.9 million customers. Its energy-related activities span the provision of liquefied natural gas, methanol, coal, and other chemicals, alongside initiatives in biomass and agricultural waste conversion, photovoltaic energy, energy exploration and utilization, and the operation of natural gas refilling stations, piped city-gas projects, and upstream/midstream developments, including aviation fuel facilities. Beyond its gas operations, the firm plays a crucial role in water management, delivering water supply and treating domestic sewage and industrial wastewater for 2.4 million customers. The company also offers a suite of technology services, including network connectivity, data center and cloud computing solutions, software development, solution implementation, and systems integration. Furthermore, its diversified offerings include consultancy and engineering contractor services for infrastructure, utilities installation, and civil/building projects, as well as the design and manufacturing of gas meters and metering systems. The company also produces polyethylene piping and fittings. Its broader operations extend to customer centers, various retail ventures (cafés, restaurants, laundries), automated meter reading system development, laboratory testing, payment gateway services, project management, landfill gas initiatives, financing, logistics, oil ventures, research and development, property development, and securities investment activities.
The Hong Kong and China Gas Company Limited is most often compared with the following Utilities names: