Annual ReportUtilities

The Hong Kong and China Gas Company Limited

0003.HK · Period ending 2025-12-31 · Filed 2025-12-31 · Updated

In short

The Hong Kong and China Gas Company Limited (0003.HK) has revenue down 2.1% to HKD 54.3B and operating cash flow up 17.0% to HKD 10.5B year on year. Its net margin is 10.5% and gross margin 38.7%, and it trades at 21.0× trailing earnings. Fisclear flags 2 high-severity risks, led by: Revenue has declined for two consecutive years — a sustained downtrend that may signal structural or competitive headwinds. How we calculate this

Valuation

Utilities
Live · Yahoo Finance

Price

HK$7.14

Market Cap

HK$133.1B

P/E (TTM)

21.0x

Price ÷ earnings per share

P/B

2.2x

Price ÷ book value

P/S (TTM)

2.4x

Price ÷ revenue per share

Beta

0.55

Moderate market correlation

PEG Ratio

2.8x

P/E ÷ earnings growth rate

52-Week Range

HK$6.40HK$7.14 nowHK$7.76

4-engine score — Quality and Peers engines require SEC EDGAR (US stocks only)

Efficiency
50/100
Value
45/100
Cashflow
50/100
Regime
55/100

⚠ Revenue declining 2% YoY.

Based on filing period ending Dec 2025

International FisclearScore uses 4 engines (no EDGAR data). Based on Yahoo Finance & Alpha Vantage reported financials. Not financial advice.

0003.HK vs

🇭🇰 Hong Kong Macro Indicators

Full dashboard →

CPI Inflation

1.44%→

Near target

GDP Growth

3.49%↑

Strong

USD/HKD

7.85→

Current Account

12.25% GDP↑

Surplus

CPI inflation is 1.4% year-over-year (inflation near target); GDP growth is 3.5% year-over-year (moderate growth); USD/HKD is at 7.8470.

SWOT Analysis — 0003.HK

Inflationary Boom
Macro lens (Inflationary Boom): Rising costs and tighter margins amplify financial risks in this regime.
✦

Strengths

  • Operating Cash Flow: HKD 10.5B (+17.0% YoY) — Operating cash flow grew 17% — the business generated more cash from day-to-day operations.

◈

Weaknesses

  • Gross Profit: HKD 21.0B (-4.6% YoY) — Gross profit declined 5% — costs are growing faster than revenue.

  • Revenue: HKD 54.3B (-2.1% YoY) — Revenue fell 2% — the company generated less from its core operations.

  • Net Income: HKD 5.7B (-0.4% YoY) — Profit fell 0% but remained positive.

◎

Opportunities

  • Total Assets: HKD 163.6B (+3.3% YoY) — Total assets grew 3% — the company's resource base expanded.

⚠

Threats

  • Revenue has declined for two consecutive years — a sustained downtrend that may signal structural or competitive headwinds.

  • Current ratio of 0.63x — short-term liabilities exceed current assets, which could create near-term liquidity pressure.

Financial Charts

Revenue vs Net Income

Gross Profit vs Operating Income

Margin Trend

Year-over-Year Changes

Operating Cash Flow

HKD 10.5B

was HKD 9.0B

+17.0%

Operating cash flow grew 17% — the business generated more cash from day-to-day operations.

Gross Profit

HKD 21.0B

was HKD 22.0B

−4.6%

Gross profit declined 5% — costs are growing faster than revenue.

Total Assets

HKD 163.6B

was HKD 158.3B

+3.3%

Total assets grew 3% — the company's resource base expanded.

Revenue

HKD 54.3B

was HKD 55.5B

−2.1%

Revenue fell 2% — the company generated less from its core operations.

Net Income

HKD 5.7B

was HKD 5.7B

−0.4%

Profit fell 0% but remained positive.

Risk Flags

2 high · 0 medium · 0 low
  • ⚠ High

    Revenue has declined for two consecutive years — a sustained downtrend that may signal structural or competitive headwinds.

  • ⚠ High

    Current ratio of 0.63x — short-term liabilities exceed current assets, which could create near-term liquidity pressure.

Price HistoryHKD

Technical Signals

Daily closes · 1-year data

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External Links

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Data sourced from HKEX, FRED (Federal Reserve), OECD, BIS, and Yahoo Finance. For informational purposes only. Not financial advice.