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Hong Kong and China Gas stock: key metrics
0003.HKHong Kong and China Gas had an operating margin of 15% and a return on invested capital (ROIC) of 5.2% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 12 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2006 | 100.0% | 42.3% | 43.7% |
| 2007 | 100.0% | 37.3% | 65.6% |
| 2008 | 54.6% | 10.3% | no data |
| 2009 | 61.5% | 31.3% | 41.9% |
| 2010 | 48.2% | 36.1% | 28.8% |
| 2011 | 50.3% | 25.3% | 27.4% |
| 2012 | 49.3% | 24.5% | 31.0% |
| 2013 | 47.9% | 23.7% | 24.3% |
| 2014 | 48.4% | 23.0% | 22.8% |
| 2015 | 52.4% | 23.6% | 25.0% |
| 2016 | 55.5% | 25.1% | 26.1% |
| 2017 | 51.7% | 23.5% | 25.7% |
| 2018 | 47.3% | 21.5% | 24.1% |
| 2019 | 31.0% | 19.7% | 17.4% |
| 2020 | 31.1% | 20.5% | 14.9% |
| 2021 | 26.2% | 32.4% | 9.6% |
| 2022 | 23.6% | 29.4% | 8.8% |
| 2023 | 38.6% | 31.8% | 10.8% |
| 2024 | 41.7% | 14.7% | 10.3% |
| 2025 | 23.9% | 15.0% | 10.5% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2006 | 28.5% | 19.0% | 16.3% |
| 2007 | 32.4% | 17.0% | 21.6% |
| 2008 | no data | 3.5% | no data |
| 2009 | 15.8% | 8.8% | 7.8% |
| 2010 | 14.9% | 12.5% | 7.7% |
| 2011 | 14.8% | 8.5% | 7.2% |
| 2012 | 17.1% | 8.0% | 7.8% |
| 2013 | 13.7% | 7.5% | 6.4% |
| 2014 | 13.1% | 7.5% | 6.3% |
| 2015 | 13.4% | 7.0% | 6.4% |
| 2016 | 13.2% | 7.0% | 6.4% |
| 2017 | 13.3% | 6.9% | 6.4% |
| 2018 | 15.1% | 7.2% | 7.1% |
| 2019 | 11.0% | 5.6% | 5.0% |
| 2020 | 9.2% | 6.3% | 4.1% |
| 2021 | 7.3% | 10.9% | 3.1% |
| 2022 | 8.4% | 11.3% | 3.2% |
| 2023 | 10.3% | 11.9% | 3.8% |
| 2024 | 10.0% | 5.5% | 3.6% |
| 2025 | 9.6% | 5.2% | 3.5% |
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = HK$7.8456)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 2 May 2025)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.