• Hong Kong & China Gas average debt/equity ratio for 2022 was 0.53, a 20.45% increase from 2021.
• Hong Kong & China Gas average debt/equity ratio for 2021 was 0.44, a 7.32% increase from 2020.
• Hong Kong & China Gas average debt/equity ratio for 2020 was 0.41, a 7.89% increase from 2019.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.