Yuan Heng Gas Holdings Ltd (0332) AI Stock Analysis

• Market Cap: HK$137.46M
• Dividend Yield: N/A
• Average Volume (3M): 2.81M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.43
• Revenue Growth: -68.87%
• EPS Growth: -635.59%
• Country: HK
• Employees: 283
• Sector: Energy
• Sector Strength: 44
• Industry: Oil & Gas Refining & Marketing
• EPS (TTM): -0.04
• Shares Outstanding: 6,545,621,000
• 10 Day Avg. Volume: 1,162,020
• 30 Day Avg. Volume: 2,808,987
• PEG Ratio: 0.01
• Price to Book (P/B): 0.19
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.79
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 33 Underperform
• Price Target: ―

Yuan Heng Gas Holdings Ltd's overall stock score is low due to significant financial challenges, with declining revenue and profitability, and negative cash flows. Technical indicators also suggest a bearish trend, and valuation metrics reflect ongoing financial struggles. Immediate steps are needed to improve financial health and market perception.

Yuan Heng Gas Holdings Ltd Business Overview & Revenue Model

Company Description

Yuan Heng Gas Holdings Limited, an investment holding company, engages in the trading of oil and gas products, and the provision of related consultancy services in the People's Republic of China, Hong Kong, and Singapore. It operates through the Production and Sales of LNG, Oil and Gas Transactions, Piped Gas, and Other Operations segments. The company also processes, produces, distributes, sells, trades in, and transports liquefied natural gas. In addition, it engages in the sale of piped gas; operation and sales of vehicle gas at refueling stations; construction of gas pipeline infrastructure; provision of logistics services; and power distribution and related activities. The company was formerly known as Ngai Lik Industrial Holdings Limited and changed its name to Yuan Heng Gas Holdings Limited in May 2014. Yuan Heng Gas Holdings Limited was incorporated in 1992 and is based in Hong Kong, Hong Kong.

How the Company Makes Money

Yuan Heng Gas Holdings Ltd generates revenue primarily through the trading and distribution of liquefied natural gas (LNG) and related products. The company procures LNG from producers and suppliers and then sells it to industrial users, commercial entities, and other customers in need of natural gas. In addition to trading, Yuan Heng also makes money from its LNG processing and production facilities, which involve the conversion of natural gas into a liquid state for easier storage and transport. The company's logistics services, including transportation and storage solutions, further contribute to its revenue stream by ensuring efficient delivery of LNG to its clients. Significant partnerships with natural gas producers, transportation firms, and end-users enable Yuan Heng to maintain a steady supply chain and distribution network, which supports its earnings.

Yuan Heng Gas Holdings Ltd Financial Statement Overview

Summary

Yuan Heng Gas Holdings Ltd faces significant financial challenges, with declining revenue and profitability. The income statement shows negative revenue growth, decreased gross and net profit margins, and declining EBIT and EBITDA margins. The balance sheet reveals a moderately high debt-to-equity ratio and reduced ROE, indicating financial strain. The cash flow statement is particularly concerning, with negative operating and free cash flows, highlighting inadequate cash generation.

Income Statement

Yuan Heng Gas Holdings Ltd's income statement reveals a decline in financial health. The company experienced a significant drop in revenue growth, which fell from 23.6% in 2023 to a negative growth rate of -74.5% in 2024. Gross profit margin also decreased over the past year, while net income turned negative, resulting in a negative net profit margin of -3.32%. Additionally, both EBIT and EBITDA margins showed declines, further indicating profitability challenges.

Balance Sheet

The balance sheet shows a moderately leveraged position with a debt-to-equity ratio of 1.11, which is slightly higher than industry norms. Return on equity (ROE) has decreased significantly due to recent net losses, and the equity ratio stands at 37.4%, reflecting a moderate level of financial stability. Despite these challenges, the company maintains a relatively stable asset base.

Cash Flow

The cash flow analysis highlights significant concerns for Yuan Heng Gas Holdings Ltd. The company reported negative operating and free cash flows for 2024, with free cash flow deteriorating sharply by -198% compared to the previous year. The operating cash flow to net income ratio is also unfavorable, indicating inadequate cash generation to support operations and growth.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
862.86M	4.97B	1.95B	2.37B	1.77B	1.70B
	Gross Profit
56.47M	76.73M	167.07M	227.45M	234.88M	94.84M
	EBIT
-207.68M	-166.04M	152.32M	213.38M	210.47M	31.93M
	EBITDA
-167.39M	-56.69M	215.67M	273.69M	269.79M	93.36M
	Net Income Common Stockholders
-309.30M	-164.91M	27.39M	64.39M	2.36M	-53.68M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
129.68M	10.69M	78.18M	129.68M	53.87M	37.13M
	Total Assets
3.43B	3.29B	3.81B	3.43B	3.56B	4.45B
	Total Debt
1.12B	1.37B	1.28B	1.12B	1.21B	1.56B
	Net Debt
998.57M	1.36B	1.21B	998.57M	1.17B	1.53B
	Total Liabilities
1.92B	1.98B	2.32B	1.92B	2.14B	3.01B
	Stockholders Equity
1.37B	1.23B	1.39B	1.37B	1.30B	1.30B
Cash Flow		Free Cash Flow
-158.94M	-413.55M	83.26M	243.62M	32.40M	-259.67M
	Operating Cash Flow
-151.78M	-406.39M	116.02M	276.36M	48.04M	-249.13M
	Investing Cash Flow
307.80M	308.51M	-252.71M	-35.61M	468.08M	160.70M
	Financing Cash Flow
-169.16M	35.86M	86.27M	-163.86M	-500.19M	50.17M

Yuan Heng Gas Holdings Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Neutral
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0332, the sentiment is Negative. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, equal to the 50-day MA of 0.02, and below the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 42.97 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0332.

Yuan Heng Gas Holdings Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	57 Neutral	$7.23B	3.16	-4.49%	5.63%	0.82%	-49.15%
0332	33 Underperform	HK$137.46M	―	-20.76%	―	-68.87%	-635.59%
CUAEF		$105.29B	11.30	12.78%	7.39%	―	―
HOKCF		$16.19B	22.17	9.72%	5.15%	―	―
PCCYF		$210.16B	6.80		7.42%	―	―
SNPMF		$90.81B	9.19		9.14%	―	―
XNGSF		$9.27B	11.43	13.65%	4.53%	―	―

Yuan Heng Gas Holdings Ltd Corporate Events

Yuan Heng Gas Holdings Ltd Announces Change of Hong Kong Branch Registrar

Yuan Heng Gas Holdings Ltd has announced a change in its Hong Kong branch registrar, effective from June 2, 2025, to Tricor Investor Services Limited. This change is expected to streamline the process for the registration of share transfers, potentially impacting stakeholders by improving administrative efficiency.