Hong Kong & China Gas Return on Tangible Equity 2010-2023 | HOKCY
Current and historical return on tangible equity values for Hong Kong & China Gas (HOKCY) over the last 10 years. Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.
| Hong Kong & China Gas Return On Tangible Equity Historical Data |
| Date |
TTM Net Income |
Tangible Equity |
Return on Tangible Equity |
| Sector |
Industry |
Market Cap |
Revenue |
| Utilities |
Utility - Natural Gas Distribution |
$13.249B |
$7.277B |
|
THE HONG KONG AND CHINA GAS COMPANY LIMITED (Towngas) was the first public utility in Hong Kong. Currently, with more than 3,000 km of pipeline network and an 85% economic reach, the Company supplies town gas to over 1.5 million customers in the territory. Their core business comprises production and distribution of gas, marketing of gas and appliances, and comprehensive after-sales services. In recent years, Towngas has diversified into various green businesses including LPG filling stations and utilization of landfill gas.
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