Reviewing Towngas Smart Energy (TGASF) & Its Competitors
by Mitch Edgeman · The Markets DailyInsider and Institutional Ownership
12.3% of Towngas Smart Energy shares are owned by institutional investors. Comparatively, 52.7% of shares of all “Gas Utilities” companies are owned by institutional investors. 10.3% of shares of all “Gas Utilities” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Dividends
Towngas Smart Energy pays an annual dividend of $0.08 per share and has a dividend yield of 18.7%. Towngas Smart Energy pays out 20.1% of its earnings in the form of a dividend. As a group, “Gas Utilities” companies pay a dividend yield of 12.1% and pay out 17.5% of their earnings in the form of a dividend.
Earnings and Valuation
This table compares Towngas Smart Energy and its peers gross revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Towngas Smart Energy | N/A | N/A | 1.08 |
| Towngas Smart Energy Competitors | $2.90 billion | $316.42 million | 13.78 |
Towngas Smart Energy’s peers have higher revenue and earnings than Towngas Smart Energy. Towngas Smart Energy is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Profitability
This table compares Towngas Smart Energy and its peers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Towngas Smart Energy | N/A | N/A | N/A |
| Towngas Smart Energy Competitors | 18.87% | 8.44% | 3.69% |
Summary
Towngas Smart Energy peers beat Towngas Smart Energy on 8 of the 9 factors compared.
Towngas Smart Energy Company Profile
Towngas Smart Energy Company Limited, an investment holding company, sells and distributes piped gas in the People's Republic of China. The company operates through three segments, Sales and Distribution of Piped Gas and Related Products; Gas Connection; and Extended Business. It engages in the provision of natural gas and related services; construction of gas pipelines; sale of gas related household appliances; and other value-added services. The company also offers financing and engineering works services, smart energy solutions, and upstream and midstream services; and operates vehicle gas refilling stations. The company was formerly known as Towngas China Company Limited and changed its name to Towngas Smart Energy Company Limited in December 2021. The company was founded in 1998 and is headquartered in North Point, Hong Kong. Towngas Smart Energy Company Limited is a subsidiary of The Hong Kong and China Gas Company Limited.