# Towngas Smart Energy Company Limited (TGASF)

> Utilities · HK · Reports in HKD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/TGASF/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2025 | HK$ 20.91B | HK$ 1.59B | HK$ -247.52M | HK$ 17.31B | HK$ 25.72B |
| 2024 | HK$ 21.31B | HK$ 1.61B | HK$ -1.49B | HK$ 17.47B | HK$ 23.45B |
| 2023 | HK$ 19.84B | HK$ 1.57B | HK$ -2.89B | HK$ 18.56B | HK$ 22.85B |
| 2022 | HK$ 20.07B | HK$ 964.86M | HK$ -2.00B | HK$ 19.83B | HK$ 21.50B |
| 2021 | HK$ 17.13B | HK$ 1.25B | HK$ -177.88M | HK$ 19.54B | HK$ 22.90B |
| 2020 | HK$ 12.83B | HK$ 1.45B | HK$ -116.66M | HK$ 11.58B | HK$ 20.72B |
| 2019 | HK$ 12.92B | HK$ 1.31B | HK$ -169.08M | HK$ 10.35B | HK$ 18.61B |
| 2018 | HK$ 11.79B | HK$ 1.22B | HK$ -1.03B | HK$ 9.53B | HK$ 16.23B |
| 2017 | HK$ 8.76B | HK$ 1.37B | HK$ -309.01M | HK$ 8.83B | HK$ 15.85B |
| 2016 | HK$ 7.18B | HK$ 974.00M | HK$ -233.17M | HK$ 7.84B | HK$ 13.50B |
| 2015 | HK$ 7.72B | HK$ 807.04M | HK$ -526.53M | HK$ 8.77B | HK$ 13.48B |
| 2014 | HK$ 7.88B | HK$ 1.05B | HK$ -739.71M | HK$ 7.55B | HK$ 13.25B |
| 2013 | HK$ 6.72B | HK$ 1.11B | HK$ -631.59M | HK$ 6.90B | HK$ 12.53B |
| 2012 | HK$ 5.18B | HK$ 840.80M | HK$ -549.72M | HK$ 6.09B | HK$ 10.48B |
| 2011 | HK$ 4.32B | HK$ 708.75M | HK$ -284.60M | HK$ 4.89B | HK$ 9.62B |
| 2010 | HK$ 2.98B | HK$ 435.80M | HK$ -153.05M | HK$ 3.70B | HK$ 8.56B |
| 2009 | HK$ 2.03B | HK$ 265.09M | HK$ -66.67M | HK$ 2.76B | HK$ 6.43B |
| 2008 | HK$ 4.41B | HK$ 202.28M | HK$ -155.81M | HK$ 2.26B | HK$ 6.18B |
| 2007 | HK$ 3.20B | HK$ 204.38M | HK$ -222.41M | HK$ 1.78B | HK$ 5.73B |
| 2006 | HK$ 2.64B | HK$ -246.64M | HK$ 91.35M | HK$ 2.06B | HK$ 1.54B |
| 2005 | HK$ 2.32B | HK$ 155.78M | HK$ -504.15M | HK$ 2.02B | HK$ 1.64B |
| 2004 | HK$ 1.80B | HK$ 285.37M | HK$ -160.52M | HK$ 1.95B | HK$ 1.43B |
| 2003 | HK$ 1.46B | HK$ 209.07M | HK$ -85.59M | HK$ 32.53M | HK$ 580.05M |
| 2002 | HK$ 1.15B | HK$ 132.54M | HK$ -42.38M | HK$ 14.60M | HK$ 268.37M |
| 2001 | HK$ 1.01B | HK$ -5.11M | HK$ -66.92M | HK$ 103.27M | HK$ 131.15M |
| 2000 | HK$ 1.06B | HK$ -4.49M | HK$ -35.78M | HK$ 175.44M | HK$ -11.95M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.67 |
| Liabilities / Eq | 1.05 |
| Current Ratio | 0.50 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 13.01 |

## Other views

- [Metrics](https://sponda.capital/en/TGASF.md)
- [Charts](https://sponda.capital/en/TGASF/charts.md)
- [Compare](https://sponda.capital/en/TGASF/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-23.