TGASF
Price:
$0.448
Market Cap:
$14.90B
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 two segments, Sales and Distribution of Piped Gas and Related Products, and Gas Connection. It engages in the provision of natural gas and related services; construction of gas pipelines; operation of urban pipeline gas network; sale of gas related household appliances; and other value-added services. The company also offers financing services; provides engineering works services; and operates vehicle gas refilling stations, as well as smart energy solutions. It serves approximately 15.09 million customers. The company was former...[Read more]
Industry
Regulated Gas
IPO Date
2010-10-08
Stock Exchange
OTC
Ticker
TGASF
According to Towngas Smart Energy Company Limited’s latest financial reports and current stock price. The company's current ROE is 6.99%. This represents a change of 96.91% compared to the average of 3.55% of the last 4 quarters.
The mean historical ROE of Towngas Smart Energy Company Limited over the last ten years is 6.71%. The current 6.99% ROE has changed 4.24% with respect to the historical average. Over the past ten years (40 quarters), TGASF's ROE was at its highest in in the June 2023 quarter at 5.21%. The ROE was at its lowest in in the December 2022 quarter at -0.36%.
Average
6.71%
Median
6.94%
Minimum
4.49%
Maximum
8.62%
Discovering the peaks and valleys of Towngas Smart Energy Company Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 53.61%
Maximum Annual ROE = 8.62%
Minimum Annual Increase = -24.72%
Minimum Annual ROE = 4.49%
Year | ROE | Change |
---|---|---|
2024 | 6.85% | -0.61% |
2023 | 6.89% | 53.61% |
2022 | 4.49% | -18.03% |
2021 | 5.47% | -21.62% |
2020 | 6.98% | -0.67% |
2019 | 7.03% | -6.81% |
2018 | 7.54% | -12.46% |
2017 | 8.62% | 19.43% |
2016 | 7.22% | 20.50% |
2015 | 5.99% | -24.72% |
The current ROE of Towngas Smart Energy Company Limited (TGASF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
6.08%
5-year avg
6.14%
10-year avg
6.71%
Towngas Smart Energy Company Limited’s ROE is less than UGI Corporation (11.45%), less than New Jersey Resources Corporation (18.18%), less than Chesapeake Utilities Corporation (9.01%), less than NiSource Inc. (10.30%), less than ONE Gas, Inc. (8.15%),
Company | ROE | Market cap |
---|---|---|
11.45% | $7.65B | |
18.18% | $4.58B | |
9.01% | $2.85B | |
10.30% | $18.47B | |
8.15% | $4.38B |
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