China Gas Holdings Ltd

Chart & Performance

D1W1MN

P/E

12.06

P/S

0.47

EPS

0.58

Div Yield, %

7.09%

Shrs. gr., 5y

1.28%

Rev. gr., 5y

6.51%

Revenues

81.41b

-11.50%

Net income

3.18b

-25.82%

CFO

11.34b

+37.29%

Dividend

Aug 23, 20240.35 HKD/sh

Earnings

Jun 23, 2025

Profile

China Gas Holdings Limited operates as a gas operator and service provider in the People's Republic of China. The company invests in, constructs, operates, and maintains city and town gas pipeline infrastructure facilities, gas terminals, storage and transportation facilities, and gas logistics systems; transmits natural gas and liquefied petroleum gas (LPG) to residential, industrial, and commercial users; constructs and operates compressed natural gas/liquefied natural gas refilling stations; and develops technologies related to natural gas and LPG. It is also involved in the investment in petrochemical facilities of storage and transportation; producing and storing LPG and chemical products, as well as propane and butane; CBM business; exploration and production of coal bed methane; and gas station administration, management, and consultancy services. In addition, the company offers treasury, management, consultancy, and procurement services; and smart home products and gas insurance broker services, as well as gas heaters and kitchen appliances under the Gasbo brand. Further, it is involved in the development and investment in clean energy; wholesale and trading of natural gas and liquefied natural gas; sale of electricity; and provides gas meters, pressure regulators, corrugated pipes, gas alarms, and bottled gas. Additionally, the company engages in the wholesale and retail of household equipment, electric appliances, and kitchen appliances. As of March 31, 2022, it served 19,808 industrial and 297,664 commercial customers; and 43,095,245 residential customers, as well as operates 533 CNG/LNG refilling stations. The company was incorporated in 1995 and is headquartered in Wan Chai, Hong Kong.

URL

http://www.chinagasholdings.com.hk/

IPO date

Oct 20, 1995

Employees

59,462

Domiciled in

Incorporated in

Valuation

Order:

Title HKD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title HKD in thousands, except ratios and share amounts	2024‑03	2023‑03	2022‑03	2021‑03	2020‑03	2019‑03	2018‑03	2017‑03	2016‑03
Income
Revenues	81,410,133 -11.50%	91,988,445 4.27%
Cost of revenue	75,820,522	86,057,355
Unusual Expense (Income)
NOPBT	5,589,611	5,931,090
NOPBT Margin	6.87%	6.45%
Operating Taxes	759,558	923,578
Tax Rate	13.59%	15.57%
NOPAT	4,830,053	5,007,512
Net income	3,184,939 -25.82%	4,293,484 -43.96%
Dividends	(2,991,470)	(2,992,185)
Dividend yield	7.87%	5.02%
Proceeds from repurchase of equity	(43,911)
BB yield	0.12%
Debt
Debt current	23,101,566	22,108,317
Long-term debt	36,309,889	39,278,528
Deferred revenue		39,278,528
Other long-term liabilities		(38,103,193)
Net debt	25,900,122	24,569,595
Cash flow
Cash from operating activities	11,340,195	8,259,884
CAPEX	(6,001,223)	(5,960,294)
Cash from investing activities	(7,051,422)	(10,084,882)
Cash from financing activities	(5,864,246)	2,945,125
FCF	7,085,177	8,398,274
Balance
Cash	8,121,921	10,722,222
Long term investments	25,389,412	26,095,028
Excess cash	29,440,826	32,217,828
Stockholders' equity	41,599,982	45,599,524
Invested Capital	90,544,932	93,153,128
ROIC	5.26%	5.28%
ROCE	4.60%	4.68%
EV
Common stock shares outstanding	5,383,533	5,387,551
Price	7.06 -36.17%	11.06 10.16%
Market cap	38,007,743 -36.21%	59,586,314 7.94%
EV	70,727,563	91,045,704
EBITDA	8,500,108	8,743,254
EV/EBITDA	8.32	10.41
Interest	2,121,753	2,565,795
Interest/NOPBT	37.96%	43.26%