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Hong Kong and China Gas Co (Hong Kong and China Gas Co) FCF Yield % : 2.32 (As of Apr. 27, 2024)


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What is Hong Kong and China Gas Co FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Hong Kong and China Gas Co's Trailing 12-Month Free Cash Flow is $320 Mil, and Market Cap is $13,778 Mil. Therefore, Hong Kong and China Gas Co's FCF Yield % for today is 2.32%.

The historical rank and industry rank for Hong Kong and China Gas Co's FCF Yield % or its related term are showing as below:

HOKCY' s FCF Yield % Range Over the Past 10 Years
Min: 0.37   Med: 1.06   Max: 2.42
Current: 2.32


During the past 13 years, the highest FCF Yield % of Hong Kong and China Gas Co was 2.42%. The lowest was 0.37%. And the median was 1.06%.

HOKCY's FCF Yield % is ranked worse than
52.21% of 521 companies
in the Utilities - Regulated industry
Industry Median: 2.98 vs HOKCY: 2.32

Hong Kong and China Gas Co's FCF Margin % for the quarter that ended in Dec. 2023 was 3.27%.


Hong Kong and China Gas Co FCF Yield % Historical Data

The historical data trend for Hong Kong and China Gas Co's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hong Kong and China Gas Co FCF Yield % Chart

Hong Kong and China Gas Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 1.24 0.91 0.99 2.37

Hong Kong and China Gas Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 1.53 0.16 2.63 1.72

Competitive Comparison of Hong Kong and China Gas Co's FCF Yield %

For the Utilities - Regulated Gas subindustry, Hong Kong and China Gas Co's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hong Kong and China Gas Co's FCF Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hong Kong and China Gas Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Hong Kong and China Gas Co's FCF Yield % falls into.



Hong Kong and China Gas Co FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Hong Kong and China Gas Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=320.635 / 13539.996638
=2.37%

Hong Kong and China Gas Co's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=116.225 * 2 / 13539.996638
=1.72%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hong Kong and China Gas Co FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Hong Kong and China Gas Co FCF Yield % Related Terms

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Hong Kong and China Gas Co (Hong Kong and China Gas Co) Business Description

Traded in Other Exchanges
Address
363 Java Road, 23rd Floor, North Point, Hong Kong, HKG
Hong Kong and China Gas Co Ltd, is the oldest public utility company in Hong Kong. The company's core business comprises the production and distribution of town gas in Hong Kong, with a monopoly on distribution and retail. In the mainland, the company has a gas distribution business with 267 projects across 26 provinces. HKCG is also investing in water, upstream gas, and new energies. The business mix is approximately 90% gas utilities and 10% new energy. HKCG also holds a 15.8% stake in International Financial Center, a Grade A office building in the Hong Kong central business district.

Hong Kong and China Gas Co (Hong Kong and China Gas Co) Headlines

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