The Hong Kong and China Gas Company Limited (0003.HK)
North Point, HK
Established in 1862 and headquartered in North Point, Hong Kong, The Hong Kong and China Gas Company Limited operates as a prominent utility and energy provider. The company primarily engages in the production, distribution, and marketing of gas across Hong Kong and Mainland China, supplying town gas to approximately 1.9 million customers. Its product portfolio includes liquefied natural gas, methanol, coal, and various other chemicals. Beyond traditional gas services, the company is actively involved in numerous energy initiatives, such as the conversion and utilization of biomass and agricultural waste, alongside the development of photovoltaic projects and broader energy exploration ventures. It also operates natural gas refilling stations, manages piped city-gas projects, participates in upstream and midstream energy developments, and provides aviation fuel facilities. A substantial part of its business encompasses water services, including water supply and the treatment of domestic sewage and industrial wastewater for about 2.4 million customers. The company further delivers comprehensive engineering and consultancy services, spanning utility installation, infrastructure construction, and civil and building services for both public and private sector projects. Additionally, it manufactures gas meters, metering systems, and polyethylene piping and fittings. In the technology sector, the company provides network connectivity, data center and cloud computing services, coupled with expertise in software development, solution implementation, and systems integration. Its diverse activities also span customer service centers, retail and hospitality ventures (including cafés and restaurants), and laundry services. Furthermore, it engages in the development of automatic meter reading systems, laboratory testing, payment gateway solutions, and project management, complemented by interests in landfill gas initiatives, financing, logistics, oil operations, research and development, property development, and securities investment.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.84% | -2.98% | -2.32% | -5.78% | -0.97% | +2.28% | +3.02% | -1.51% | -44.25% | -21.98% | +137.42% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 2 | 0 |
| Buy | 4 | 0 |
| Hold | 5 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 1 | 0 |
-
Revenue growth Regulated Gas: +4.9%-2.1% Q4'25: -3.5% (vs Q4'23)
-
EPS growth Regulated Gas: +13.8%+0.0% Q4'25: +7.7% (vs Q4'23)
-
FCF margin FCF growth · Regulated Gas: +30.8%+8.2% Q4'25: +8.7% (vs Q4'23)
-
EBIT margin Regulated Gas: +12.9%+15.0% ★ Q4'25: +13.0% (vs Q4'23)
-
ROIC Regulated Gas: +4.7%+5.1% ★ Q4'25: +8.9% (vs Q4'23)
-
Share dilution Regulated Gas: 0.0%+0.0% ★ Q4'25: +0.0% (vs Q4'23)
-
Debt / EBITDA Net debt/EBITDA · Regulated Gas: 2.21×7.50× Q4'25: 4.38× (vs Q4'23)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 10 Rev. Ana. 12 EPS Ana. |
Dec 2027 11 Rev. Ana. 11 EPS Ana. |
Dec 2028 4 Rev. Ana. 5 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
29.59B
est: 32.76B (-9.7%)
|
28.56B
est: 29.62B (-3.6%)
|
32.48B
est: 31.00B (+4.8%)
|
39.07B
est: 36.56B (+6.9%)
|
40.63B
est: 41.17B (-1.3%)
|
40.93B
est: 39.62B (+3.3%)
|
53.56B
est: 50.05B (+7.0%)
|
60.95B
est: 57.69B (+5.6%)
|
56.97B
est: 60.35B (-5.6%)
|
55.47B
est: 57.20B (-3.0%)
|
54.33B
est: 56.90B (-4.5%)
|
55.76B
53.57B – 57.09B
-2.0% YoY
|
56.79B
53.50B – 59.64B
+1.9% YoY
|
57.57B
54.76B – 59.71B
+1.4% YoY
|
| EBITDA |
9.01B
est: 7.22B (+24.8%)
|
9.36B
est: 6.53B (+43.5%)
|
10.64B
est: 6.83B (+55.7%)
|
16.05B
est: 8.06B (+99.3%)
|
10.78B
est: 9.07B (+18.8%)
|
11.34B
est: 8.73B (+29.9%)
|
10.42B
est: 11.03B (-5.5%)
|
12.34B
est: 12.71B (-3.0%)
|
11.88B
est: 13.30B (-10.7%)
|
12.16B
est: 11.15B (+9.1%)
|
8.13B
est: 11.09B (-26.7%)
|
10.87B
10.44B – 11.13B
-2.0% YoY
|
11.07B
10.43B – 11.62B
+1.9% YoY
|
11.22B
10.67B – 11.64B
+1.4% YoY
|
| EBIT |
6.99B
est: 5.14B (+36.0%)
|
11.05B
est: 4.65B (+137.9%)
|
12.35B
est: 4.86B (+154.1%)
|
13.52B
est: 5.73B (+135.7%)
|
8.02B
est: 6.46B (+24.3%)
|
8.40B
est: 6.21B (+35.2%)
|
7.13B
est: 7.85B (-9.2%)
|
8.81B
est: 9.05B (-2.6%)
|
8.34B
est: 9.47B (-11.9%)
|
8.60B
est: 9.78B (-12.1%)
|
8.13B
est: 9.73B (-16.4%)
|
9.54B
9.16B – 9.76B
-2.0% YoY
|
9.71B
9.15B – 10.20B
+1.9% YoY
|
9.85B
9.37B – 10.21B
+1.4% YoY
|
| Net Income |
7.41B
est: 7.45B (-0.5%)
|
7.45B
est: 7.40B (+0.7%)
|
8.34B
est: 7.72B (+7.9%)
|
9.42B
est: 8.36B (+12.7%)
|
7.06B
est: 7.93B (-10.9%)
|
6.12B
est: 6.51B (-6.0%)
|
5.13B
est: 8.26B (-37.9%)
|
5.36B
est: 6.19B (-13.5%)
|
6.18B
est: 5.94B (+3.9%)
|
5.71B
est: 6.25B (-8.6%)
|
5.69B
est: 5.88B (-3.3%)
|
6.02B
5.75B – 6.37B
+2.3% YoY
|
6.24B
5.78B – 6.59B
+3.8% YoY
|
6.42B
6.01B – 6.73B
+2.8% YoY
|
| SGA |
2.84B
est: 4.11B (-30.7%)
|
2.96B
est: 3.71B (-20.4%)
|
3.03B
est: 3.88B (-21.9%)
|
3.30B
est: 4.58B (-28.1%)
|
4.45B
est: 5.16B (-13.8%)
|
4.14B
est: 4.96B (-16.7%)
|
5.01B
est: 6.27B (-20.1%)
|
5.77B
est: 7.23B (-20.2%)
|
3.88B
est: 7.56B (-48.7%)
|
14.93B
est: 7.03B (+112.3%)
|
4.85B
est: 6.99B (-30.7%)
|
6.85B
6.59B – 7.02B
-2.0% YoY
|
6.98B
6.58B – 7.33B
+1.9% YoY
|
7.08B
6.73B – 7.34B
+1.4% YoY
|
| EPS |
0.39
est: 0.40 (-2.4%)
|
0.39
est: 0.40 (-1.6%)
|
0.44
est: 0.41 (+6.3%)
|
0.50
est: 0.45 (+11.6%)
|
0.37
est: 0.42 (-12.9%)
|
0.32
est: 0.35 (-8.3%)
|
0.27
est: 0.44 (-39.0%)
|
0.28
est: 0.33 (-15.7%)
|
0.32
est: 0.32 (+0.5%)
|
0.31
est: 0.33 (-7.4%)
|
0.30
est: 0.32 (-4.8%)
|
0.32
0.31 – 0.34
+2.3% YoY
|
0.33
0.31 – 0.35
+3.8% YoY
|
0.34
0.32 – 0.36
+2.8% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | B | 3/5 | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-28 | B | 3/5 | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-27 | B | 3/5 | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-26 | B | 3/5 | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-22 | B | 3/5 | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-21 | B | 3/5 | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-20 | B | 3/5 | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-19 | B+ | 3/5 | 3/5 | 4/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-18 | B+ | 3/5 | 3/5 | 4/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-15 | B+ | 3/5 | 3/5 | 4/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-14 | B+ | 3/5 | 3/5 | 4/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-13 | B | 3/5 | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-12 | B | 3/5 | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-11 | B+ | 3/5 | 3/5 | 4/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-08 | B | 3/5 | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-07 | B | 3/5 | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-06 | B | 3/5 | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-05 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-04 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 3/5 | 3/5 | 2/5 |
| 2026-04-30 | B- | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-29 | B- | 2/5 | 1/5 | 3/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-28 | B- | 2/5 | 1/5 | 3/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-27 | B- | 3/5 | 1/5 | 3/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-24 | B- | 3/5 | 1/5 | 3/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-23 | B- | 3/5 | 1/5 | 3/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-22 | B- | 3/5 | 1/5 | 3/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-21 | B- | 3/5 | 1/5 | 3/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-20 | B- | 3/5 | 1/5 | 3/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-17 | B- | 3/5 | 1/5 | 3/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-16 | B- | 3/5 | 1/5 | 3/5 | 5/5 | 2/5 | 2/5 | 2/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares MSCI Hong Kong ETF EWH | 2.83% | 32.94M | 0.50% |
| 2 | Invesco MSCI Pacific Ex Japan Universal Screened UCITS ETF ESPJ.L | 0.60% | 510.5K | 0.19% |
| 3 | Pacer Global Cash Cows Dividend ETF GCOW | 0.49% | 15.76M | 0.60% |
| 4 | Inspire International ETF WWJD | 0.48% | 2.56M | 0.61% |
| 5 | Timothy Plan International ETF TPIF | 0.45% | 1.09M | 0.62% |
| 6 | BMO Low Volatility International Equity ETF ZLI.TO | 0.44% | 887.6K | 0.45% |
| 7 | Xtrackers MSCI Pacific ex Japan Screened UCITS ETF 1C XPXD.L | 0.44% | 5.91M | 0.25% |
| 8 | WisdomTree International Multifactor Fund DWMF | 0.43% | 147.0K | 0.38% |
| 9 | iShares MSCI Pacific ex Japan ETF EPP | 0.43% | 9.21M | 0.47% |
| 10 | JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF BBAX | 0.43% | 27.44M | 0.19% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Wai Yee Wong | MD & Executive Director | 31M | male |
| Lui-Ming Yeung FCCA FCPA | Chief Financial Officer & Executive Director | 15M | male |
| Ying-lung Chan | Chief Investment Officer & Executive Director | 13M | male |
| Ka-Shing Lee | Joint Chairman | 1M | — |
| Ngo Siu Hing | Head of Engineering - Hong Kong Utilities | — | male |
| Wai Ngai Kee | Chief Operating Officer of Mainland Utilities & Water, Environmental Business | — | male |
| Ming-wing Lam | Chief Human Resources Officer | — | male |
| Jian-hang Qiu | Chief Operating Officer of Renewable Business | — | — |
| Lai Kin Wong | Chief Legal Officer & Company Secretary | — | female |
| Hill-kwong Cheng | Chief Operating Officer of Hong Kong Business & Head of Sustainable Green Energy Hub | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for 0003.HK
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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