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Sino Gas Flags Deeper 2025 Loss as EV Shift Hits CNG Business

Story Highlights
  • Sino Gas expects its 2025 net loss to widen significantly versus 2024.
  • Losses are driven by a weakening CNG vehicle business and related asset write-downs, partly offset by LPG growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sino Gas Flags Deeper 2025 Loss as EV Shift Hits CNG Business

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Sino Gas Holdings Group Limited ( (HK:1759) ) has provided an announcement.

Sino Gas Holdings Group Limited has warned that it expects to post a wider net loss of RMB33 million to RMB36 million for the year ended 31 December 2025, compared with a net loss of about RMB17.8 million a year earlier. The deterioration includes roughly RMB17 million of non-recurring items and reflects both operational headwinds and asset write-downs linked to structural changes in its key markets.

Management attributed the deeper loss primarily to a decline in its higher-margin vehicle compressed natural gas business in Henan, as local fleets shift from compressed natural gas vehicles to electric vehicles. The company also booked an impairment charge and write-off totaling about RMB15.1 million on property, plant and equipment tied to this transition, partly offset by growth in sales volume and gross profit in its liquefied petroleum gas segment, and it signaled possible strategic adjustments as it reviews its operations.

The most recent analyst rating on (HK:1759) stock is a Sell with a HK$0.86 price target. To see the full list of analyst forecasts on Sino Gas Holdings Group Limited stock, see the HK:1759 Stock Forecast page.

More about Sino Gas Holdings Group Limited

Sino Gas Holdings Group Limited is a Hong Kong-listed energy company focused on the distribution and sales of gaseous fuels in mainland China. Its portfolio includes higher-margin vehicle compressed natural gas operations, notably in Henan, as well as a growing liquefied petroleum gas business serving industrial and consumer markets.

Average Trading Volume: 31,041

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$254.9M

For detailed information about 1759 stock, go to TipRanks’ Stock Analysis page.

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