tiprankstipranks
Trending News
More News >
Jilin Province Chuncheng Heating Company Limited Class H (HK:1853)
:1853
Hong Kong Market

Jilin Province Chuncheng Heating Company Limited Class H (1853) AI Stock Analysis

Compare
0 Followers

Top Page

HK

Jilin Province Chuncheng Heating Company Limited Class H

(1853)

Rating:70Outperform
Price Target:―
Jilin Province Chuncheng Heating Company Limited Class H demonstrates a stable financial position with strong equity and low debt levels, which supports long-term sustainability. However, challenges in profitability and cash flow consistency are notable concerns. The technical analysis indicates a neutral trend with potential short-term volatility. Despite these challenges, the stock's valuation is attractive, with a low P/E ratio and high dividend yield, making it appealing for value and income investors. Overall, the stock is positioned for moderate performance with potential for improvement in profitability and operational consistency.

Jilin Province Chuncheng Heating Company Limited Class H (1853) vs. iShares MSCI Hong Kong ETF (EWH)

Jilin Province Chuncheng Heating Company Limited Class H Business Overview & Revenue Model

Company DescriptionJilin Province Chuncheng Heating Company Limited Class H (1853) is a leading provider of centralized heating services primarily based in the Jilin Province of China. The company operates in the utilities sector, focusing on the production, distribution, and supply of heat energy to residential, commercial, and industrial clients. Its core services include the delivery of consistent and reliable heating solutions, contributing to enhanced energy efficiency and sustainability within the communities it serves.
How the Company Makes MoneyThe company generates revenue primarily through the sale of centralized heating services. This involves charging customers for the heat energy consumed over a specific billing period, typically measured in gigajoules or other standard units of energy. Revenue streams are bolstered by long-term contracts with municipal governments and private entities, ensuring a stable customer base. Additionally, the company may engage in strategic partnerships with local governments for infrastructure development and maintenance, which can provide supplementary income. Seasonal demand fluctuations, regulatory frameworks, and energy prices significantly influence the company's earnings.

Jilin Province Chuncheng Heating Company Limited Class H Financial Statement Overview

Summary
Jilin Province Chuncheng Heating Company Limited Class H exhibits a stable financial position with strong equity and low debt levels, which is a positive aspect for long-term sustainability. However, the declining net profit margins and return on equity indicate potential areas for improvement in profitability. Cash flow generation has been inconsistent, pointing to potential volatility in operational cash cycles. Overall, the company is in a stable position but needs to address profitability and cash flow consistency to enhance financial performance.
Income Statement
68
Positive
The company's gross profit margin has remained relatively stable, showcasing solid profitability in terms of production efficiency. However, net profit margin has seen a decline in recent years, indicating that operating expenses or other deductions may be rising. Revenue growth is modest, with a slight uptick in the most recent year, suggesting potential for future revenue expansion.
Balance Sheet
75
Positive
The company maintains a strong equity position with a favorable equity ratio, indicating solid asset backing. The debt-to-equity ratio is low, pointing to prudent leverage management. However, the return on equity has declined, indicating challenges in generating profits from shareholders' equity.
Cash Flow
60
Neutral
Free cash flow growth has been variable, with significant fluctuations over the years. The operating cash flow to net income ratio is not available for the latest period, limiting insights. However, historically, the company has shown a strong capability to generate cash compared to net income, underscoring solid cash-generating performance.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
1.81B1.69B1.65B1.65B1.90B
Gross Profit
306.67M265.89M230.44M325.15M307.45M
EBIT
138.14M169.76M164.52M223.54M183.72M
EBITDA
257.42M284.42M297.60M316.47M357.48M
Net Income Common Stockholders
99.90M120.96M114.67M122.76M170.51M
Balance SheetCash, Cash Equivalents and Short-Term Investments
1.46B1.12B1.03B664.31M782.40M
Total Assets
3.75B3.01B3.04B2.89B3.23B
Total Debt
628.80M192.26M234.48M1.45M1.47M
Net Debt
-826.98M-918.78M-799.96M-662.86M-730.93M
Total Liabilities
2.70B2.02B2.13B1.95B2.35B
Stockholders Equity
1.04B989.85M911.90M940.28M878.15M
Cash FlowFree Cash Flow
0.00370.18M195.72M45.86M349.93M
Operating Cash Flow
0.00399.34M246.15M124.00M416.93M
Investing Cash Flow
0.00-29.16M―――
Financing Cash Flow
0.00-289.37M170.16M――

Jilin Province Chuncheng Heating Company Limited Class H Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.36
Price Trends
50DMA
1.37
Negative
100DMA
1.38
Negative
200DMA
1.37
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
34.06
Neutral
STOCH
35.14
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1853, the sentiment is Negative. The current price of 1.36 is below the 20-day moving average (MA) of 1.38, below the 50-day MA of 1.37, and below the 200-day MA of 1.37, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 34.06 is Neutral, neither overbought nor oversold. The STOCH value of 35.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1853.

Jilin Province Chuncheng Heating Company Limited Class H Peers Comparison

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
$73.47B11.2213.65%58.19%-5.28%-13.15%
75
Outperform
$166.87B14.2111.36%30.06%4.35%76.44%
70
Outperform
HK$634.71M5.869.84%37.52%4.36%-22.52%
70
Neutral
HK$13.05B7.976.93%5.07%7.42%-2.02%
66
Neutral
$710.19B11.03
3.72%-7.72%-26.66%
64
Neutral
$8.52B10.344.25%5.88%4.06%-12.76%
59
Neutral
$48.31B11.829.94%6.57%1.39%-21.74%
* Utilities Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1853
Jilin Province Chuncheng Heating Company Limited Class H
1.36
0.05
3.82%
HK:1193
China Resources Gas Group
20.65
-5.74
-21.76%
HK:0386
China Petroleum & Chemical
4.04
-0.30
-6.98%
HK:0002
CLP Holdings
65.85
5.44
9.00%
HK:2688
ENN Energy Holdings
63.45
0.35
0.55%
HK:1083
Towngas China Co
3.89
1.30
49.96%

Jilin Province Chuncheng Heating Company Limited Class H Corporate Events

Jilin Province Chuncheng Heating Announces 2024 AGM and Strategic Governance Changes
Apr 23, 2025

Jilin Province Chuncheng Heating Company Limited has announced its 2024 annual general meeting scheduled for May 16, 2025. The meeting will address several resolutions including the approval of work reports, financial statements, and profit distribution plans for 2024, as well as the election of new directors and the re-appointment of auditors. Additionally, there are proposed amendments to the Articles of Association and the potential dissolution of the Supervisory Committee, indicating a strategic shift in the company’s governance structure.

Jilin Province Chuncheng Heating Appoints New General Manager
Apr 16, 2025

Jilin Province Chuncheng Heating Company Limited has announced the appointment of Mr. Zhang Liming as the new general manager, effective April 16, 2025, and proposed his appointment as an executive director, pending shareholder approval at the upcoming annual general meeting. Mr. Zhang brings over 20 years of experience in the heating industry, having held various managerial roles within the company and its controlling shareholder, Changchun Heating Power (Group) Company Limited. This leadership change is expected to strengthen the company’s operational management and strategic direction in the heating sector.

Jilin Province Chuncheng Heating Announces Board Composition
Apr 16, 2025

Jilin Province Chuncheng Heating Company Limited has announced the composition of its board of directors and their roles within the company. This announcement provides clarity on the leadership structure, which could impact the company’s strategic direction and governance, potentially influencing stakeholder confidence.

Jilin Province Chuncheng Heating Adjusts Dividend Payment Date
Apr 1, 2025

Jilin Province Chuncheng Heating Company Limited has announced a change in the expected payment date for its final dividend for the year ended December 31, 2024. Originally set for July 20, 2025, the payment date has been moved to July 18, 2025, due to the original date falling on a non-business day. This adjustment does not affect any other information previously disclosed by the company.

Jilin Province Chuncheng Heating Updates Dividend Payment Date
Apr 1, 2025

Jilin Province Chuncheng Heating Company Limited has announced a change in the expected payment date of its final dividends for the financial year ending December 31, 2024. The dividend, declared at RMB 0.065 per share, will now be paid on July 18, 2025, following shareholder approval on May 16, 2025. This adjustment may impact the company’s cash flow management and investor relations, as stakeholders adjust to the revised timeline. Additionally, the announcement outlines the withholding tax rates applicable to different categories of shareholders, which could influence the net dividend received by investors based on their residency status.

Jilin Province Chuncheng Heating Announces Board Reshuffle
Mar 28, 2025

Jilin Province Chuncheng Heating Company Limited announced significant changes to its board of directors, effective from March 28, 2025. Mr. Yang Zhongshi will transition from vice chairman and general manager to a non-executive director, while Mr. Shi Mingjun has resigned as an executive director and deputy general manager. Additionally, independent non-executive directors Mr. Fu Yachen and Mr. Poon Pok Man will step down, with Ms. Du Jie and Mr. Chan Sing Fai poised to join the board, pending shareholder approval. These changes reflect strategic adjustments in leadership, potentially impacting the company’s governance and strategic direction.

Jilin Province Chuncheng Heating Company Announces Board Composition and Roles
Mar 28, 2025

Jilin Province Chuncheng Heating Company Limited has announced the composition of its board of directors and their roles within the company. This announcement outlines the executive, non-executive, and independent non-executive directors, as well as their respective roles in the company’s four board committees, which include the Strategy, Remuneration, Audit, and Nomination Committees. This update is significant for stakeholders as it provides clarity on the governance structure and leadership roles within the company, which can impact its strategic direction and operational efficiency.

Jilin Province Chuncheng Heating Proposes Amendments to Articles of Association
Mar 28, 2025

Jilin Province Chuncheng Heating Company Limited has announced proposed amendments to its Articles of Association to align with recent legal and regulatory changes in China. These amendments include establishing employee representative directors, abolishing the supervisory committee, and updating the Articles due to the change in the company’s promoters’ names. The proposed changes will be subject to approval at the upcoming annual general meeting, and the revised Articles will take effect upon passing the special resolution.

Jilin Province Chuncheng Heating Reports Mixed 2024 Financial Results
Mar 28, 2025

Jilin Province Chuncheng Heating Company Limited announced its annual financial results for the year ended December 31, 2024. The company reported a revenue increase of 6.57% to RMB1,805.70 million, but experienced a decline in profit before tax and net profit by 17.90% and 17.41% respectively. Earnings per share also decreased, and the board proposed a final dividend of RMB0.065 per share. These results indicate a mixed financial performance, with revenue growth but declining profitability, impacting stakeholders’ expectations.

Jilin Province Chuncheng Heating Announces Final Dividend for 2024
Mar 28, 2025

Jilin Province Chuncheng Heating Company Limited has announced a final ordinary cash dividend of RMB 0.065 per share for the financial year ending December 31, 2024. The payment date for the dividend is set for July 20, 2025, following shareholder approval on May 16, 2025. The announcement details the withholding tax rates applicable to different categories of shareholders, which range from 10% to 20% depending on residency and existing tax treaties with the PRC. This dividend declaration reflects the company’s financial performance and commitment to returning value to its shareholders.

Jilin Province Chuncheng Heating Schedules Board Meeting for Annual Results
Mar 18, 2025

Jilin Province Chuncheng Heating Company Limited has announced that its board of directors will meet on March 28, 2025, to consider and approve the company’s annual results for the year ended December 31, 2024. The meeting will also address the potential recommendation for a final dividend payment. This announcement indicates an important step in the company’s financial reporting process and could have implications for its stakeholders, particularly concerning dividend payouts.

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.