Hong Kong and China Gas Co Ltd
HKEX:3
Hong Kong and China Gas Co Ltd
Tax Provision
Hong Kong and China Gas Co Ltd
Tax Provision Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Tax Provision | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
Hong Kong and China Gas Co Ltd
HKEX:3
|
Tax Provision
-HK$1.7B
|
CAGR 3-Years
7%
|
CAGR 5-Years
5%
|
CAGR 10-Years
0%
|
|
|
Beijing Enterprises Holdings Ltd
HKEX:392
|
Tax Provision
-HK$1.2B
|
CAGR 3-Years
-7%
|
CAGR 5-Years
-4%
|
CAGR 10-Years
-8%
|
|
|
China Gas Holdings Ltd
HKEX:384
|
Tax Provision
-HK$994.8m
|
CAGR 3-Years
22%
|
CAGR 5-Years
16%
|
CAGR 10-Years
-1%
|
|
|
Kunlun Energy Company Ltd
HKEX:135
|
Tax Provision
-¥3.1B
|
CAGR 3-Years
-5%
|
CAGR 5-Years
-5%
|
CAGR 10-Years
-2%
|
|
|
China Resources Gas Group Ltd
HKEX:1193
|
Tax Provision
-HK$2B
|
CAGR 3-Years
10%
|
CAGR 5-Years
-1%
|
CAGR 10-Years
-4%
|
|
|
Towngas Smart Energy Co Ltd
HKEX:1083
|
Tax Provision
-HK$408.7m
|
CAGR 3-Years
13%
|
CAGR 5-Years
4%
|
CAGR 10-Years
N/A
|
|
Hong Kong and China Gas Co Ltd
Glance View
In the heart of Asia, where bustling urban landscapes meet age-old traditions, Hong Kong and China Gas Co Ltd, often referred to as Towngas, stands as a bridge between past and future. Established in 1862, it is one of the oldest public utility companies in the region. Initially, its primary mission was to light the streets of Hong Kong through piped gas. Over the decades, however, Towngas has transformed its focus, catering now to a sophisticated metropolis that demands comprehensive energy solutions. The company's core operations encompass the production and distribution of town gas, a form of manufactured gas used for cooking and heating, to millions of residential, commercial, and industrial customers in Hong Kong. Towngas has also expanded its reach into mainland China, driven by strategic partnerships and joint ventures, establishing itself as a significant player in the energy landscape. The revenue model of Hong Kong and China Gas is a blend of traditional and innovative streams. Its bread and butter lie in the consistent and reliable provision of town gas services, underpinned by a robust and expansive pipeline network. Yet, the company doesn't confine itself to this legacy business alone. In an era that demands sustainability, Towngas has progressively ventured into eco-friendly energy solutions, diversifying its portfolio to include renewable energy projects such as biomass and waste-to-energy initiatives. Additionally, with a keen eye on evolving market dynamics, the company is developing and investing in technologies for smart living and energy efficiency. This strategic diversification not only fortifies Towngas against market volatility but also positions it as a forward-thinking entity, intertwining customer value with long-term growth aspirations.
See Also
What is Hong Kong and China Gas Co Ltd's Tax Provision?
Tax Provision
-1.7B
HKD
Based on the financial report for Dec 31, 2024, Hong Kong and China Gas Co Ltd's Tax Provision amounts to -1.7B HKD.
What is Hong Kong and China Gas Co Ltd's Tax Provision growth rate?
Tax Provision CAGR 10Y
0%
Over the last year, the Tax Provision growth was 14%. The average annual Tax Provision growth rates for Hong Kong and China Gas Co Ltd have been 7% over the past three years , 5% over the past five years .
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