Hong Kong and China Gas – World Class Benchmarking
Company: Hong Kong and China Gas Company Limited
Bloomberg ticker: 3 HK
Market cap: US$29,858m
Background: Founded in 1862, Hong Kong and China Gas Company Limited (Towngas) is Hong Kong’s first public utility company. The company supplies town gas to almost 2m customers. Since 1994, the company is also active in mainland China with more than 430 projects, including piped city-gas projects, water supply, and urban waste utilization projects.
World Class Benchmarking of Hong Kong and China Gas
- Profitable Growth rank of 4 was down compared to the prior period’s 3rd rank
- This is above average performance compared to 300 large Utilities companies worldwide
- Profitability rank of 3 was better than its Growth rank of 7
- Profitability rank of 3 was the same compared to the prior period’s 3rd rank
- This is above average performance compared to peers
- Growth rank of 7 was up compared to the prior period’s 9th rank
- This is below average performance compared to peers
DISCLAIMER: This content is for information purposes only. It is not intended to be investment advice. Readers should not consider statements made by the author(s) as formal recommendations and should consult their financial advisor before making any investment decisions. While the information provided is believed to be accurate, it may include errors or inaccuracies. The author(s) cannot be held liable for any actions taken as a result of reading this article.