- HK & China Gas FY net income surpassed the estimates.
- The net income recorded was HK$6.07 billion, beating the estimate of HK$5.71 billion.
- The revenue, however, was slightly lower than expected at HK$56.97 billion, compared to the estimate of HK$60.86 billion.
- The final dividend per share declared is 23 HK cents.
- The company’s stock has received 2 buy ratings, 5 hold ratings, and 2 sell ratings.
A look at Hong Kong & China Gas Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
The long-term outlook for Hong Kong & China Gas is looking positive, according to the Smartkarma Smart Scores. The company has received a score of 4 out of 5 for dividends, indicating a strong track record of paying out dividends to its shareholders. With a score of 3 for growth, the company is also poised for potential expansion and development in the future. Additionally, Hong Kong & China Gas has received a score of 3 for momentum, indicating a strong upward trend in its performance.
The company’s value and resilience have also been assessed, with scores of 2 for both factors. This suggests that Hong Kong & China Gas may be undervalued in the market, making it a potentially attractive investment opportunity. However, it may also face some challenges in terms of its resilience in the face of market fluctuations. Overall, Hong Kong & China Gas is a well-established company in the gas and gas appliances industry, with a strong presence in China and a diverse portfolio of subsidiaries, making it a promising prospect for long-term investors.
Company Summary: The Hong Kong and China Gas Company Limited is a leading producer, distributor, and marketer of gas and gas appliances in Hong Kong and China. The company also has a strong presence in the development of gas projects in China and management of commercial properties. With a focus on dividends, growth, and momentum, Hong Kong & China Gas is a well-established and promising company in the gas industry with potential for long-term growth and success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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