China LNG Group (0931) AI Stock Analysis

• Market Cap: HK$3.53B
• Dividend Yield: N/A
• Average Volume (3M): 12.60M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.72
• Revenue Growth: 23.08%
• EPS Growth: 23.40%
• Country: HK
• Employees: 530
• Sector: Energy
• Sector Strength: 52
• Industry: Regulated Gas
• EPS (TTM): -0.01
• Shares Outstanding: 7,435,678,000
• 10 Day Avg. Volume: 16,826,552
• 30 Day Avg. Volume: 12,599,558
• PEG Ratio: 0.44
• Price to Book (P/B): 7.01
• Price to Sales (P/S): 2.22
• P/FCF Ratio: -11.91
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: HK$0.47 ▼(-1.46% Downside)

The overall stock score is primarily impacted by the company's weak financial performance, characterized by ongoing losses and high leverage. While technical indicators show some positive momentum, the poor valuation metrics further weigh down the score. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Revenue growth momentum

Sustained ~23% top-line growth indicates robust demand for the company's LNG supply and services. Over 2–6 months this supports scale benefits, greater bargaining power with suppliers, and revenue stability from existing contracts, helping underpin a path toward improved operating leverage.

Infrastructure-led market position

Owning terminals, storage and distribution capabilities creates high entry barriers and recurring fee-based revenues. Structural LNG infrastructure assets align with the longer-term energy transition, supporting stable cash generation and strategic partnerships with governments and majors over multiple years.

Improving free cash flow metrics

An improving FCF profile and positive FCF-to-net-income ratio indicate growing ability to convert accounting losses into cash resources. Over the medium term this can fund capex, reduce reliance on external financing, and support deleveraging if the trend continues and CAPEX remains disciplined.

Negative Factors

High leverage

A D/E of ~3.1 signals heavy financial leverage that raises refinancing, interest and covenant risks. Over months this constrains strategic flexibility, increases sensitivity to cash-flow volatility, and heightens the need for consistent operational cash conversion or external support to avoid balance sheet strain.

Negative operating cash flow

Persistent negative operating cash flow means core operations do not yet generate sustainable cash, forcing reliance on debt or equity to fund working capital and capex. This undermines resilience to market shocks and complicates long-term investment in terminals and supply contracts without funding changes.

Ongoing unprofitability and weak returns

Sustained negative margins and ROE reflect structural profit challenges. Over a multi-month horizon this erodes shareholder equity, limits internal funding for growth, and pressures management to materially improve margins or restructure costs to achieve durable profitability and restore investor confidence.

China LNG Group Business Overview & Revenue Model

Company Description

China LNG Group Limited, an investment holding company, sells and distributes liquefied natural gas (LNG) in the People's Republic of China and Hong Kong. The company engages in the wholesale and point-to-point supply of LNG; LNG pipeline network; and LNG logistic services. It also provides finance leasing services for LNG vehicles and equipment; and securities brokerage, margin financing, money lending, and asset management services. In addition, the company develops LNG refueling facilities on floating barges; develops LNG related technologies; operates LNG refueling stations; trades in gas ignition equipment; utilizes new energy sources; and supplies and manages LNG. Further, it is involved in the construction and operation of natural gas filling stations; wholesale of ethanol and liquefied petroleum gas; trading of natural gas and transportation; and dealing in securities. The company was formerly known as Artel Solutions Group Holdings Limited and changed its name to China LNG Group Limited in June 2014. China LNG Group Limited was founded in 1995 and is headquartered in Central, Hong Kong.

How the Company Makes Money

China LNG Group generates revenue through multiple streams, primarily from the sale and distribution of LNG to industrial and commercial customers. The company benefits from long-term supply contracts with key partners, ensuring a steady flow of income. Additionally, revenue is derived from the management and operation of LNG terminals and storage facilities, which charge fees for services rendered. Strategic partnerships with energy companies and government entities also enhance its market position and contribute to earnings, as these alliances often lead to favorable contract terms and access to new markets.

China LNG Group Financial Statement Overview

Summary

China LNG Group faces significant financial challenges, with ongoing losses and high leverage. While there is some revenue growth, profitability remains elusive. The balance sheet is burdened by high debt, and cash flows are under pressure. The company needs to address these issues to improve its financial health and stability.

Income Statement

China LNG Group has shown some improvement in revenue growth, with a 23.3% increase in the latest year. However, the company continues to struggle with profitability, as indicated by negative net profit margins and EBIT margins. The gross profit margin has improved slightly, but the overall financial health remains weak due to persistent losses.

Balance Sheet

The balance sheet reveals high leverage, with a debt-to-equity ratio of 3.13, indicating significant reliance on debt financing. The return on equity is negative, reflecting ongoing losses. While the equity ratio is relatively stable, the high debt levels pose a risk to financial stability.

Cash Flow

Cash flow analysis shows a slight improvement in free cash flow growth, but operating cash flow remains negative. The free cash flow to net income ratio is positive, suggesting some ability to cover losses, but the overall cash flow situation is concerning due to negative operating cash flows.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	697.28M	713.44M	454.49M	211.85M	432.55M	775.24M
Gross Profit	75.86M	116.65M	63.65M	-16.10M	-34.13M	50.63M
EBITDA	-13.26M	-37.52M	-62.57M	-75.53M	-110.47M	-15.92M
Net Income	-123.93M	-106.01M	-139.30M	-167.19M	-198.79M	-82.26M
Balance Sheet
Total Assets	1.77B	1.70B	1.56B	1.34B	1.59B	1.60B
Cash, Cash Equivalents and Short-Term Investments	57.91M	37.27M	44.10M	31.77M	26.60M	68.42M
Total Debt	631.88M	705.92M	787.21M	597.36M	642.85M	593.70M
Total Liabilities	1.45B	1.47B	1.50B	1.24B	1.27B	1.15B
Stockholders Equity	314.05M	225.47M	37.17M	64.75M	223.88M	88.06M
Cash Flow
Free Cash Flow	-174.36M	-132.66M	-165.65M	-24.98M	-139.99M	-50.41M
Operating Cash Flow	-87.81M	-54.72M	-113.44M	19.68M	-7.49M	41.28M
Investing Cash Flow	-91.98M	-75.00M	-31.19M	-20.68M	-94.18M	13.66M
Financing Cash Flow	158.72M	121.26M	180.02M	25.78M	35.04M	-40.05M

China LNG Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.48
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0931, the sentiment is Negative. The current price of 0.48 is below the 20-day moving average (MA) of 0.51, below the 50-day MA of 0.50, and above the 200-day MA of 0.36, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 41.76 is Neutral, neither overbought nor oversold. The STOCH value of 21.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0931.

China LNG Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0603	72 Outperform	HK$779.58M	5.51	4.05%	―	-12.48%	―
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
2337	55 Neutral	HK$636.65M	17.35	7.01%	2.35%	-13.08%	-43.83%
8270	52 Neutral	HK$124.94M	-2.73	-31.34%	―	-29.86%	-791.02%
0931	49 Neutral	HK$3.53B	-26.11	-40.82%	―	23.08%	23.40%
0332	40 Underperform	HK$117.82M	-0.05	―	―	-76.52%	-630.18%
2728	39 Underperform	HK$115.83M	-7.22	-25.25%	―	-0.55%	-340.00%

China LNG Group Corporate Events

China HK Power Smart Energy Grants Share Options Equal to 5.41% of Share Capital

China HK Power Smart Energy Group Limited has granted share options to 57 eligible participants under its existing share option scheme adopted in August 2019, allowing them to subscribe for a total of 402,139,709 new shares, equivalent to about 5.41% of the company’s issued share capital, at an exercise price of HK$0.482 per share. The options will vest over four years with a 10-year validity period, and while they do not carry additional performance targets or clawback mechanisms, the board and its remuneration committee believe that the share price linkage, vesting schedule and employment conditions are sufficient to align the interests of grantees with shareholders, support long-term retention, and incentivise contributions to the group’s future operational performance and growth.

The most recent analyst rating on (HK:0931) stock is a Hold with a HK$0.59 price target. To see the full list of analyst forecasts on China LNG Group stock, see the HK:0931 Stock Forecast page.

China HK Power Smart Energy Group Eyes LNG Project and Capital Expansion

China HK Power Smart Energy Group Limited has observed significant movements in its share price and trading volume, though it reports no changes in its business operations or financial position. The company is negotiating a major LNG project and has signed agreements for funding support, while considering a capital base enlargement by inviting an international financial company to subscribe for shares at a discounted rate. However, no binding agreements have been finalized, and stakeholders are advised to exercise caution.

The most recent analyst rating on (HK:0931) stock is a Hold with a HK$0.45 price target. To see the full list of analyst forecasts on China LNG Group stock, see the HK:0931 Stock Forecast page.

China HK Power Smart Energy Group Reports Increased Losses in 2025 Interim Results

China HK Power Smart Energy Group Limited reported its unaudited interim results for the six months ending September 30, 2025, showing a significant decline in gross profit from HK$40,789,000 in 2024 to HK$15,495,000 in 2025. The company faced a loss before tax of HK$72,634,000, up from HK$55,568,000 the previous year, attributed to increased cost of sales and administrative expenses. Despite a slight improvement in exchange differences from foreign operations, the company recorded a total comprehensive loss of HK$67,214,000, impacting stakeholders and reflecting challenges in maintaining profitability.

The most recent analyst rating on (HK:0931) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China LNG Group stock, see the HK:0931 Stock Forecast page.

China HK Power Smart Energy Group Issues Profit Warning Amid Expansion Plans

China HK Power Smart Energy Group Limited has issued a profit warning, estimating a loss between HK$65 million to HK$75 million for the six months ending September 2025, primarily due to a one-off write-off of property, plant, and equipment. Despite this, the company remains optimistic about turning a profit for the full fiscal year, driven by new projects expected to launch in the peak season. Additionally, the company has settled part of a shareholder loan by issuing new shares and has received new loans to support business expansion.

The most recent analyst rating on (HK:0931) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China LNG Group stock, see the HK:0931 Stock Forecast page.

China HK Power Smart Energy Group Schedules Board Meeting for Interim Results

China HK Power Smart Energy Group Limited has announced a board meeting scheduled for November 28, 2025, to discuss and approve the unaudited interim results for the six months ending September 30, 2025. The meeting will also consider the recommendation for an interim dividend, which could impact shareholder returns and market perception.

The most recent analyst rating on (HK:0931) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China LNG Group stock, see the HK:0931 Stock Forecast page.

China HK Power Smart Energy Group Reports Unusual Trading Activity Amid LNG Project Negotiations

China HK Power Smart Energy Group Limited, a company incorporated in the Cayman Islands, has observed unusual movements in its share price and trading volume. The company has been in negotiations to acquire a significant LNG project and has signed agreements with a LNG user company and an international financial company for funding support. However, no final agreements have been reached, and the company advises caution to shareholders and potential investors.

The most recent analyst rating on (HK:0931) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China LNG Group stock, see the HK:0931 Stock Forecast page.