TOWNGAS SMART ENERGY increases its risk exposure and slightly lowers to Neutral
TOWNGAS SMART ENERGY (HK), a company active in the Gas Distribution industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 2 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as moderately risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date March 4, 2022, the closing price was HKD 5.34 and its expected value was estimated at HKD 5.90.Towngas China Co. is an investment holding company. Through its subsidiaries, Co. is engaged in the sales and distribution of piped gas in the People's Republic of China including the provision of piped gas, construction of gas pipelines, the operation of city gas pipeline networks, the operation of gas fuel automobile refilling stations, and the sale of gas household appliances. As of Dec 31 2014, Co. had two segments: sales and distribution of piped gas and related products, which is engaged in the sales of piped gas (mainly natural gas) and gas related household appliances; and gas connection, which is engaged in the construction of gas pipeline networks under gas connection contracts.
Empowering Investors
theScreener is the market leader for independent valuations of financial securities, equities, sectors and markets, and new funds. theScreener's ratings, analyses are used by leading banks, asset managers and financial portals. Approximately 10,000 workstations benefit from theScreener's services, with over millions of customer accounts actively analysed.
- Worldwide coverage: theScreener analyses cover around 6'500 Stocks, i.e 95% of the world Market Capitalization. theScreener state of art: We provide
- theScreener state of art: We provide easy to use and complete analyses over Stocks, including Fundamentals / Technical / Risk/ Peer / Alternatives analyses.
- For Research Pool community, we provide twice a week around 500 new equity analyses. We produce analyses about equities which have been upgraded or downgraded.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.