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Tianjin Jinran Public Utilities Co. Ltd. Class H (HK:1265)
:1265

Tianjin Jinran Public Utilities Co. Ltd. Class H (1265) AI Stock Analysis

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HK:1265

Tianjin Jinran Public Utilities Co. Ltd. Class H

(1265)

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Neutral 45 (OpenAI - 5.2)
Rating:45Neutral
Price Target:
HK$0.18
▼(-2.78% Downside)
The score is held down primarily by weak financial performance (ongoing losses, negative margins, and negative operating/free cash flow). Technicals also indicate a downtrend with weak momentum. The low-leverage balance sheet is a stabilizing positive, but valuation remains unattractive due to losses and no dividend yield data.
Positive Factors
Leadership Strength
The appointment of Qin Yong, an industry veteran with over 20 years of experience, strengthens the company's management team, potentially improving operational efficiency and strategic direction.
Conservative Financing
A low-leverage balance sheet provides financial stability and flexibility, allowing the company to weather economic fluctuations and invest in growth opportunities without excessive debt burden.
Asset Monetization
Leasing key gas pipelines to a controlling shareholder monetizes assets while maintaining operational control, enhancing cash flow and ensuring regulatory transparency.
Negative Factors
Negative Cash Flow
Persistent negative cash flow indicates ongoing operational challenges, requiring external funding or asset sales to sustain operations, which could limit long-term growth potential.
Declining Revenue
Declining revenue and negative margins highlight structural issues in the business model, potentially affecting competitiveness and long-term profitability.
Weak Profitability
Ongoing losses and weak profitability suggest the company struggles to convert operations into sustainable earnings, which could hinder future investments and shareholder returns.

Tianjin Jinran Public Utilities Co. Ltd. Class H (1265) vs. iShares MSCI Hong Kong ETF (EWH)

Tianjin Jinran Public Utilities Co. Ltd. Class H Business Overview & Revenue Model

Company DescriptionTianjin Jinran Public Utilities Company Limited engages in the operation and management of gas pipeline infrastructure, and the sale and distribution of piped gas to industrial, enterprise, and residential users in Mainland China. It operates through five segments: Sales of Piped Gas; Gas Connection; Gas Transportation; Sales of Gas Appliances and Others; and Gas Pipelines Rent. The company also provides piped gas connection services in Tianjin City and Jining, Inner Mongolia; leases pipelines, gas station facilities, and self-owned buildings; transports gas; and sells and installs gas appliances. In addition, it engages in the mining investment activities. The company was formerly known as Tianjin Tianlian Public Utilities Company Limited and changed its name to Tianjin Jinran Public Utilities Company Limited in June 2012. The company is headquartered in Tianjin, the People's Republic of China. Tianjin Jinran Public Utilities Company Limited is a subsidiary of Tianjin Gas Group Company Limited.
How the Company Makes MoneyTianjin Jinran Public Utilities Co. Ltd. generates revenue primarily through the sale and distribution of natural gas. The company's key revenue streams include fees charged for natural gas consumption by residential, industrial, and commercial entities. Additionally, it earns income from the provision of gas pipeline construction and maintenance services. Strategic partnerships with local governments and other utility providers enhance its operational capabilities and ensure a steady demand for its services. The company's earnings are significantly influenced by regulatory policies, gas supply agreements, and market demand for natural gas in its service areas.

Tianjin Jinran Public Utilities Co. Ltd. Class H Financial Statement Overview

Summary
Overall, the company faces profitability challenges with declining revenues and negative margins. The balance sheet is strong with low leverage, but the cash flow situation requires attention due to insufficient data and lack of positive growth.
Income Statement
The company shows a declining revenue trend with a revenue decrease in 2024. The gross profit margin is negative, indicating the costs exceed revenues. Net profit margin is also negative, reflecting unprofitability. The EBIT and EBITDA margins are weak, suggesting operational inefficiencies.
Balance Sheet
The company maintains a strong equity position with a high equity ratio, indicating low leverage. The debt-to-equity ratio is favorable due to minimal debt. However, the return on equity is negative, reflecting profitability challenges.
Cash Flow
The cash flow statement lacks data on operating and free cash flows in recent years, which limits analysis. The absence of positive free cash flow growth and operating cash flow raises concerns about cash generation capabilities.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue1.55B1.60B1.78B1.78B1.58B1.34B
Gross Profit-29.99M-32.74M-71.55M-99.12M11.43M-19.00M
EBITDA9.30M2.52M-30.61M41.25M15.01M
Net Income-52.84M-46.33M-155.17M-68.43M1.43M-13.52M
Balance Sheet
Total Assets1.84B2.03B2.18B2.50B2.35B2.46B
Cash, Cash Equivalents and Short-Term Investments467.20M694.92M789.61M1.07B1.15B1.25B
Total Debt1.52M1.78M1.14M0.000.000.00
Total Liabilities482.07M647.11M747.66M917.83M691.72M713.86M
Stockholders Equity1.36B1.38B1.43B1.59B1.65B1.75B
Cash Flow
Free Cash Flow347.28M-94.70M-191.35M-90.12M-31.07M36.98M
Operating Cash Flow352.12M-77.19M-62.64M30.83M75.66M73.38M
Investing Cash Flow-4.71M-17.50M-111.94M453.55M-31.65M
Financing Cash Flow0.000.000.000.00-92.01M0.00

Tianjin Jinran Public Utilities Co. Ltd. Class H Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.18
Price Trends
50DMA
0.19
Negative
100DMA
0.20
Negative
200DMA
0.20
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
45.04
Neutral
STOCH
33.17
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1265, the sentiment is Negative. The current price of 0.18 is below the 20-day moving average (MA) of 0.18, below the 50-day MA of 0.19, and below the 200-day MA of 0.20, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.04 is Neutral, neither overbought nor oversold. The STOCH value of 33.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1265.

Tianjin Jinran Public Utilities Co. Ltd. Class H Peers Comparison

Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
67
Neutral
HK$1.58B7.688.96%6.91%-16.94%-22.17%
66
Neutral
HK$1.14B6.0615.50%5.30%3.23%2.73%
66
Neutral
HK$1.16B7.139.25%-3.67%38.19%
66
Neutral
$17.65B18.105.60%3.62%6.62%11.55%
62
Neutral
HK$312.71M8.141.42%-3.63%
48
Neutral
HK$773.03M8.686.00%4.42%-24.00%
45
Neutral
HK$334.75M-5.87-3.93%-11.42%65.17%
* Utilities Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1265
Tianjin Jinran Public Utilities Co. Ltd. Class H
0.18
>-0.01
-1.09%
HK:2886
Binhai Investment Co
1.15
0.15
15.00%
HK:0681
Chinese People Holdings Co. Ltd.
0.04
0.01
45.83%
HK:9908
JiaXing Gas Group Co. Ltd. Class H
8.29
1.17
16.43%
HK:1940
China Gas Industry Investment Holdings Co.Ltd.
0.94
0.48
104.35%
HK:6828
Beijing Gas Blue Sky Holdings Ltd
0.03
<0.01
17.24%

Tianjin Jinran Public Utilities Co. Ltd. Class H Corporate Events

Tianjin Jinran Renews Connected Construction Services Deal With Controlling Shareholder
Dec 31, 2025

Tianjin Jinran Public Utilities has renewed its construction services framework with controlling shareholder Jinran China Resources, signing a new three-year agreement under which Jinran China Resources and its associates will continue to undertake gas pipeline, supporting facilities and gas meter installation projects, as well as broader outdoor and indoor gas facilities construction, renovation, integrated energy works and related inspection, design, supervision, procurement, installation and maintenance services for the group. The continuing connected transaction, which features annual caps of RMB107.9 million, RMB99.5 million and RMB97.2 million for 2026–2028 respectively, will be subject to reporting, announcement, annual review and independent shareholder approval under Hong Kong Listing Rules, underscoring governance and pricing safeguards while ensuring continuity of key infrastructure projects that are central to the company’s operations and capital expenditure planning.

The most recent analyst rating on (HK:1265) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Tianjin Jinran Public Utilities Co. Ltd. Class H stock, see the HK:1265 Stock Forecast page.

Tianjin Jinran Explores Strategic Tie-Up With Tianjin Jinchen Gas
Dec 31, 2025

Tianjin Jinran Public Utilities Company Limited has entered into a non-binding strategic cooperation framework with Tianjin Jinchen Gas Sales Co., Ltd., a regional gas operator established in 2017 with registered capital of RMB200 million and operations in Beichen and Wuqing districts of Tianjin. The contemplated cooperation, which may include an acquisition of Jinchen Gas’s equity or assets or other forms of collaboration, aims at resource integration and mutual benefit, potentially expanding Tianjin Jinran’s customer base beyond Jinchen Gas’s existing 15,000 gas users and enhancing its position in the Tianjin gas distribution market, though the parties have yet to sign any legally binding agreement and caution is advised as the deal may or may not proceed.

The most recent analyst rating on (HK:1265) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Tianjin Jinran Public Utilities Co. Ltd. Class H stock, see the HK:1265 Stock Forecast page.

Tianjin Jinran Overhauls Board as Controlling Shareholder Strengthens Influence
Dec 31, 2025

Tianjin Jinran Public Utilities Company Limited has announced a significant reshuffle of its board, including the planned appointment of a new executive director, Wang Yang, and a new non-executive director, Hao Yunhe, both coming from key roles within controlling shareholder Jinran China Resources, as well as the election of deputy general manager Yan Ying as an employee director effective 31 December 2025. Current chairman and executive director Wang Cong, non-executive director Sha Caiping, and non-executive director Yang Zufeng will resign to focus on other work, with associated changes to committee roles, pending shareholder approval at an upcoming extraordinary general meeting; the moves suggest a consolidation of influence by the controlling shareholder and a refresh of leadership that may shape the group’s future governance and strategic direction.

The most recent analyst rating on (HK:1265) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Tianjin Jinran Public Utilities Co. Ltd. Class H stock, see the HK:1265 Stock Forecast page.

Tianjin Jinran Public Utilities Sets Out Board and Committee Structure
Dec 31, 2025

Tianjin Jinran Public Utilities Company Limited has announced the current composition of its board of directors, led by Chairman and Executive Director Wang Cong, and including executive, non-executive, independent non-executive, and an employee director, reflecting a diversified governance structure. The company also detailed the membership of its three board committees—Audit, Nomination, and Remuneration—assigning chairperson and member roles among independent and non-executive directors, a move that reinforces corporate governance transparency and delineates oversight responsibilities for key areas of risk, appointments, and compensation.

The most recent analyst rating on (HK:1265) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Tianjin Jinran Public Utilities Co. Ltd. Class H stock, see the HK:1265 Stock Forecast page.

Tianjin Jinran Public Utilities Appoints Veteran Qin Yong as Deputy General Manager
Dec 28, 2025

Tianjin Jinran Public Utilities Company Limited has appointed 51-year-old industry veteran Qin Yong as a deputy general manager, effective 25 December 2025. Qin brings more than 20 years of experience in the natural gas industry, including senior operational and managerial roles within Tianjin Gas Group and Jinran China Resources, where he oversaw multiple regional sales and branch operations in Tianjin. His remuneration will follow the company’s existing pay policies, and the board has formally welcomed him into the senior management team, signaling a reinforcement of operational leadership and continuity with the company’s controlling shareholder group.

Tianjin Jinran Signs Three-Year Connected Lease of Key Gas Pipelines to Controlling Shareholder
Dec 28, 2025

Tianjin Jinran Public Utilities Company Limited has entered into a three‑year gas pipeline lease agreement with its controlling shareholder Jinran China Resources, under which Jinran China Resources will lease the Gangnan and Beihuan gas pipelines for its gas transmission business from 25 December 2025 to 24 December 2028 at an annual rent of RMB7.83 million. The transaction is classified as a continuing connected transaction under Hong Kong listing rules, requiring reporting, announcement and annual review but exempt from independent shareholders’ approval, and it sets out a clear allocation of operational, maintenance and safety responsibilities as well as a first right of refusal for Jinran China Resources should the company decide to dispose of the pipelines, thereby monetising Jinran’s pipeline assets while maintaining regulated transparency and governance safeguards for investors.

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: Dec 30, 2025