tiprankstipranks
Trending News
More News >
China Gas Holdings (HK:0384)
:0384
Advertisement

China Gas Holdings (0384) AI Stock Analysis

Compare
11 Followers

Top Page

HK:0384

China Gas Holdings

(OTC:0384)

Select Model
Select Model
Select Model
Neutral 66 (OpenAI - 4o)
Rating:66Neutral
Price Target:
HK$8.50
▲(3.91% Upside)
The overall stock score of 66 reflects stable financial performance with challenges in revenue growth and cash flow. Technical indicators show short-term stability but lack strong momentum. The valuation is attractive due to a reasonable P/E ratio and high dividend yield, making it appealing for income-focused investors.
Positive Factors
Stable Profitability
Stable profitability indicates effective cost management and operational efficiency, which are crucial for long-term financial health and competitiveness.
Strategic Partnerships
Partnerships with local governments and energy firms expand market access and operational capabilities, supporting sustainable growth and competitive positioning.
Balanced Capital Structure
A balanced capital structure provides financial stability and flexibility, enabling the company to navigate economic fluctuations and invest in growth opportunities.
Negative Factors
Declining Revenue Trend
A declining revenue trend can hinder growth prospects and affect market competitiveness, necessitating strategic initiatives to reverse the trend.
Volatile Free Cash Flow
Volatile free cash flow can limit the company's ability to fund new projects and investments, impacting long-term growth and financial stability.
Rising Debt Levels
Increased debt levels can strain financial resources and limit strategic flexibility, posing risks to long-term sustainability and growth.

China Gas Holdings (0384) vs. iShares MSCI Hong Kong ETF (EWH)

China Gas Holdings Business Overview & Revenue Model

Company DescriptionChina Gas Holdings Limited (stock code: 0384) is one of the leading natural gas service providers in China. The company primarily engages in the distribution of piped gas, the construction and operation of gas pipelines, and the provision of integrated energy services. It operates in various sectors including urban gas distribution, liquefied natural gas (LNG) sales, and the production of gas appliances, catering to residential, commercial, and industrial customers across multiple provinces in China.
How the Company Makes MoneyChina Gas Holdings generates revenue primarily through the sale of natural gas to residential, commercial, and industrial users. The company earns income from the distribution of piped gas, where it charges for the gas supplied and related services. Additionally, it derives revenue from the construction and operation of gas pipelines, often working in partnership with local governments to develop infrastructure. Key revenue streams also include sales of liquefied natural gas (LNG) and gas appliances, as well as maintenance and installation services. Strategic partnerships with municipal governments and other energy companies enhance its market reach and operational capabilities, significantly contributing to its earnings.

China Gas Holdings Financial Statement Overview

Summary
China Gas Holdings demonstrates stable profitability and a balanced capital structure, but faces challenges in revenue growth and cash flow stability. The company should focus on improving operational efficiency and managing its debt levels to enhance financial health.
Income Statement
65
Positive
China Gas Holdings has shown a declining revenue trend over the past few years, with a negative revenue growth rate in the most recent year. Despite this, the company maintains stable gross and net profit margins, indicating efficient cost management. However, the declining EBIT and EBITDA margins suggest potential challenges in operational efficiency.
Balance Sheet
70
Positive
The company's debt-to-equity ratio has increased slightly, indicating a higher reliance on debt financing. However, the return on equity remains positive, reflecting the company's ability to generate returns for shareholders. The equity ratio is stable, suggesting a balanced capital structure.
Cash Flow
60
Neutral
The cash flow analysis reveals a mixed picture. While the operating cash flow remains positive, the free cash flow has shown volatility, with periods of negative growth. The free cash flow to net income ratio indicates that a significant portion of earnings is not translating into free cash flow, which could impact future investments.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue80.47B79.26B81.41B91.99B88.23B69.98B
Gross Profit11.44B11.26B11.30B12.03B15.74B18.10B
EBITDA8.37B10.00B8.50B8.85B12.39B14.89B
Net Income3.12B3.25B3.18B4.29B7.66B10.48B
Balance Sheet
Total Assets153.47B148.22B148.70B157.29B163.15B140.72B
Cash, Cash Equivalents and Short-Term Investments9.23B8.89B8.12B10.72B10.29B9.26B
Total Debt60.77B60.42B59.24B61.39B57.70B50.70B
Total Liabilities89.31B87.49B87.95B92.50B91.08B80.86B
Stockholders Equity57.12B53.86B53.93B57.90B63.58B51.94B
Cash Flow
Free Cash Flow1.46B1.77B5.28B2.30B-673.72M-1.12B
Operating Cash Flow7.46B6.44B11.34B8.26B8.34B7.23B
Investing Cash Flow-5.92B-1.78B-7.05B-10.08B-15.86B-8.89B
Financing Cash Flow-4.03B-3.81B-5.86B2.95B8.78B2.57B

China Gas Holdings Technical Analysis

Technical Analysis Sentiment
Positive
Last Price8.18
Price Trends
50DMA
7.88
Positive
100DMA
7.74
Positive
200DMA
7.17
Positive
Market Momentum
MACD
0.06
Positive
RSI
52.97
Neutral
STOCH
33.23
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0384, the sentiment is Positive. The current price of 8.18 is above the 20-day moving average (MA) of 7.98, above the 50-day MA of 7.88, and above the 200-day MA of 7.17, indicating a bullish trend. The MACD of 0.06 indicates Positive momentum. The RSI at 52.97 is Neutral, neither overbought nor oversold. The STOCH value of 33.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0384.

China Gas Holdings Peers Comparison

Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
$76.57B11.9713.36%4.43%-3.19%-2.68%
$48.54B15.387.17%4.74%-4.37%-41.14%
HK$43.53B13.236.04%6.26%-2.64%1.97%
$17.65B18.105.60%3.62%6.62%11.55%
$14.09B8.096.98%1.28%3.86%30.34%
HK$3.18B10.054.88%4.85%7.55%-32.06%
€10.55B72.612.04%0.64%-7.82%-38.06%
* Utilities Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:0384
China Gas Holdings
8.03
1.63
25.47%
HK:1193
China Resources Gas Group
21.10
-8.09
-27.73%
HK:1083
Towngas China Co
3.91
0.94
31.47%
HK:2688
ENN Energy Holdings
67.05
14.72
28.14%
HK:3633
Zhongyu Gas Holdings Limited
3.12
-1.32
-29.70%
HK:1600
Tian Lun Gas Holdings Limited
3.24
>-0.01
-0.31%

China Gas Holdings Corporate Events

China Gas Holdings Enters Framework Agreements with Zhongran Sencreat
Sep 19, 2025

China Gas Holdings Limited has entered into three framework agreements with Zhongran Sencreat, effective from September 19, 2025, to March 31, 2028. These agreements involve the supply of high-efficiency machine room systems, multifunctional household air source heat pump systems, and comprehensive ecological five-constant air conditioning systems. The transactions are classified as continuing connected transactions under Hong Kong’s Listing Rules due to the relationship between the parties involved, specifically through Prof. LIU and his spouse Ms. SONG Ying. These agreements are subject to reporting and announcement requirements but are exempt from independent shareholders’ approval.

The most recent analyst rating on (HK:0384) stock is a Buy with a HK$9.00 price target. To see the full list of analyst forecasts on China Gas Holdings stock, see the HK:0384 Stock Forecast page.

China Gas Holdings Reports Interim Financial Results for Zhongran Investment
Aug 29, 2025

China Gas Holdings Limited announced the unaudited financial results of its wholly-owned subsidiary, Zhongran Investment Limited, for the six months ended 30 June 2025. The financial report, published on 29 August 2025, revealed total assets of RMB63.47 billion, total liabilities of RMB33.26 billion, and a net profit of RMB769.27 million. Despite a net decrease in cash and cash equivalents, the company maintains a substantial cash reserve. Stakeholders are advised to exercise caution as the figures are unaudited and do not represent the complete financial status of the Group.

The most recent analyst rating on (HK:0384) stock is a Buy with a HK$9.00 price target. To see the full list of analyst forecasts on China Gas Holdings stock, see the HK:0384 Stock Forecast page.

China Gas Holdings Announces AGM Results with Strong Shareholder Support
Aug 21, 2025

China Gas Holdings Limited announced the results of its Annual General Meeting held on August 21, 2025, where all proposed resolutions were approved by shareholders. Key resolutions included the approval of financial statements, declaration of a final dividend, re-election of directors, and granting mandates for share repurchase and issuance. The approval of these resolutions reflects strong shareholder support and positions the company for continued operational and strategic initiatives.

The most recent analyst rating on (HK:0384) stock is a Buy with a HK$9.00 price target. To see the full list of analyst forecasts on China Gas Holdings stock, see the HK:0384 Stock Forecast page.

China Gas Holdings Re-designates Professor Liu Mingxing as Executive Director
Aug 1, 2025

China Gas Holdings Limited has announced the re-designation of Professor Liu Mingxing from a non-executive director to an executive director, effective August 1, 2025. Professor Liu, who has a strong background in economics and finance, will focus on the development and research of new energy business for the company, potentially impacting its strategic direction and market positioning.

The most recent analyst rating on (HK:0384) stock is a Sell with a HK$5.60 price target. To see the full list of analyst forecasts on China Gas Holdings stock, see the HK:0384 Stock Forecast page.

China Gas Holdings Updates Board of Directors and Committee Roles
Aug 1, 2025

China Gas Holdings Limited announced the updated list of its board of directors and their roles, effective from August 1, 2025. This update includes the appointment of executive, non-executive, and independent non-executive directors, along with the composition of key committees such as the Audit, Nomination, Remuneration, and Corporate Governance and Risk Control Committees. This restructuring is likely to impact the company’s governance and operational strategies, potentially influencing its market position and stakeholder relations.

The most recent analyst rating on (HK:0384) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on China Gas Holdings stock, see the HK:0384 Stock Forecast page.

China Gas Holdings Announces AGM Agenda and Strategic Resolutions
Jul 28, 2025

China Gas Holdings Limited has announced the details of its upcoming Annual General Meeting (AGM) scheduled for August 21, 2025, in Shenzhen, China. Key agenda items include the approval of audited financial statements, the declaration of a final dividend of HK35 cents per share, and the re-election of several directors. Additionally, the company seeks authorization for the board to fix directors’ and auditors’ remuneration and proposes a resolution to repurchase up to 10% of its shares. These decisions reflect the company’s strategic focus on governance and shareholder value enhancement.

The most recent analyst rating on (HK:0384) stock is a Sell with a HK$5.60 price target. To see the full list of analyst forecasts on China Gas Holdings stock, see the HK:0384 Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 10, 2025