China Gas Industry Investment Holdings Co.Ltd. (HK:1940)
:1940
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China Gas Industry Investment Holdings Co.Ltd.
(1940)
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Rating:60Neutral
Price Target:
HK$1.50
▲(66.67% Upside)
Action:DowngradedDate:01/29/26
The score is driven mainly by moderate fundamentals: a strong balance sheet and stable profitability are offset by weak 2024 cash flow and limited revenue growth. Technically, momentum is strong but extremely overbought signals increase short-term risk. Valuation appears reasonable on P/E, though no dividend yield data is available.
Positive Factors
Balance sheet strength
A high equity ratio and low debt-to-equity provide durable financial flexibility for capital-intensive pipeline projects. This reduces refinancing and interest risk, allowing the company to fund network build-outs, withstand demand shocks, and pursue partnerships without immediate capital strain.
Negative Factors
Weak operating cash flow and negative FCF
A material decline in operating cash flow and a negative free cash flow position erode internal funding for maintenance and expansion. Over months this can force increased external borrowing or deferred capex, raising financing costs and execution risk for network projects.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
A high equity ratio and low debt-to-equity provide durable financial flexibility for capital-intensive pipeline projects. This reduces refinancing and interest risk, allowing the company to fund network build-outs, withstand demand shocks, and pursue partnerships without immediate capital strain.
Read all positive factors
China Gas Industry Investment Holdings Co.Ltd. (1940) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$1.69B
Dividend YieldN/A
Average Volume (3M)307.87K
Price to Earnings (P/E)1.7
Beta (1Y)0.36
Revenue Growth-3.67%
EPS Growth38.19%
CountryHK
Employees324
SectorUtilities
Sector Strength65
IndustryRegulated Gas
Share Statistics
EPS (TTM)0.07
Shares Outstanding1,200,000,000
10 Day Avg. Volume233,000
30 Day Avg. Volume307,866
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.33
Price to Sales (P/S)0.41
P/FCF Ratio22.07
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
China Gas Industry Investment Holdings Co.Ltd. Business Overview & Revenue Model
Company Description
China Gas Industry Investment Holdings Co., Ltd., an investment holding company, produces and sells industrial gas in the People's Republic of China. The company provides industrial gas products, which include oxygen, nitrogen, argon, hydrogen and...
How the Company Makes Money
China Gas Industry Investment Holdings Co.Ltd. generates revenue through several key streams. Primarily, the company earns money from the distribution and sale of natural gas to residential, commercial, and industrial customers. This includes fees...
China Gas Industry Investment Holdings Co.Ltd. Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
70
Positive
Cash Flow
50
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.37B | 1.31B | 1.49B | 1.48B | 1.21B | 1.19B |
| Gross Profit | 318.53M | 315.25M | 332.10M | 341.85M | 248.14M | 269.01M |
| EBITDA | 322.32M | 333.68M | 310.74M | 314.84M | 160.95M | 130.51M |
| Net Income | 152.86M | 130.05M | 128.08M | 112.74M | -26.82M | -27.70M |
Balance Sheet | ||||||
| Total Assets | 2.48B | 2.44B | 2.47B | 2.61B | 2.41B | 2.52B |
| Cash, Cash Equivalents and Short-Term Investments | 261.41M | 279.41M | 284.59M | 391.89M | 323.05M | 511.83M |
| Total Debt | 395.29M | 463.69M | 537.79M | 585.79M | 615.44M | 607.80M |
| Total Liabilities | 765.37M | 799.24M | 959.53M | 1.22B | 1.12B | 1.21B |
| Stockholders Equity | 1.72B | 1.64B | 1.51B | 1.39B | 1.28B | 1.32B |
Cash Flow | ||||||
| Free Cash Flow | 34.88M | 24.26M | -67.97M | 82.54M | 469.78K | -3.83M |
| Operating Cash Flow | 93.57M | 176.61M | 1.41M | 197.11M | 71.75M | 199.75M |
| Investing Cash Flow | -24.24M | -117.90M | -69.38M | -114.56M | -137.54M | -321.52M |
| Financing Cash Flow | -63.86M | -77.97M | -90.01M | -29.87M | -142.33M | 491.27M |
China Gas Industry Investment Holdings Co.Ltd. Technical Analysis
Positive
0.90
Price Trends
1.48
Negative
1.14
Positive
0.87
Positive
Market Momentum
-0.04
Positive
48.78
Neutral
46.51
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1940, the sentiment is Positive. The current price of 0.9 is below the 20-day moving average (MA) of 1.45, below the 50-day MA of 1.48, and above the 200-day MA of 0.87, indicating a neutral trend. The MACD of -0.04 indicates Positive momentum. The RSI at 48.78 is Neutral, neither overbought nor oversold. The STOCH value of 46.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1940.
China Gas Industry Investment Holdings Co.Ltd. Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | HK$1.24B | 6.91 | 12.46% | 5.30% | 3.23% | 2.73% | |
67 Neutral | HK$241.23M | 0.89 | 1.42% | ― | -3.63% | ― | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
60 Neutral | HK$1.69B | 1.67 | 9.09% | ― | -3.67% | 38.19% | |
58 Neutral | HK$1.58B | 7.87 | 8.99% | 6.91% | -16.94% | -22.17% | |
49 Neutral | HK$750.29M | 7.70 | 4.04% | ― | 4.42% | -24.00% | |
45 Neutral | HK$358.67M | -2.78 | -3.86% | ― | -11.42% | 65.17% |
* Utilities Sector Average
HK:1940
China Gas Industry Investment Holdings Co.Ltd.
1.41
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<0.01
13.79%
China Gas Industry Investment Holdings Co.Ltd. Corporate Events
China Gas Industry Investment Halts Trading Pending Takeover-Related Announcement
Jan 29, 2026
China Gas Industry Investment Holdings Co. Ltd., a Hong Kong-listed gas industry company incorporated in the Cayman Islands, announced a halt in trading of its shares on the Stock Exchange of Hong Kong from 9:00 a.m. on 29 January 2026. The suspen...
China Gas Industry Investment Wins Shareholder Approval to Renew Key Gas and Utilities Agreements
Dec 31, 2025
Independent shareholders of China Gas Industry Investment Holdings Co. Ltd. have overwhelmingly approved the renewal of the company’s Master Gas Products and Related Services Agreement and Master Utilities and Related Services Agreement, alo...
China Gas Industry Investment Tightens Audit Committee Governance Framework
Dec 29, 2025
China Gas Industry Investment Holdings has formalised and disclosed the terms of reference for its board audit committee, originally established in June 2020, setting out its constitution, membership requirements, and procedural rules. The documen...
China Gas Industry Investment Sets Formal Mandate for Remuneration Committee
Dec 29, 2025
China Gas Industry Investment Holdings has formalised and published the terms of reference for its board remuneration committee, setting out its composition, authority and operating procedures. The committee must comprise at least three directors ...
China Gas Industry Investment Formalizes Nomination Committee Governance Framework
Dec 29, 2025
China Gas Industry Investment Holdings Co. Ltd. has formalized the terms of reference for its Board Nomination Committee, outlining its composition, authority and operating procedures to strengthen corporate governance. The committee must comprise...
China Gas Industry Investment Holdings Announces EGM for Key Agreement Renewals
Dec 12, 2025
China Gas Industry Investment Holdings Co. Ltd. has announced an extraordinary general meeting scheduled for December 31, 2025, to approve the renewal of key agreements with HBIS for a three-year period starting January 2026. The renewal of the Ma...
China Gas Industry Investment Holdings Announces EGM for Agreement Renewals
Dec 9, 2025
China Gas Industry Investment Holdings Co. Ltd. has announced the closure of its register of members to facilitate an extraordinary general meeting (EGM) scheduled for December 31, 2025. The meeting aims to seek approval from independent sharehold...
China Gas Industry Investment Holdings Renews Key Agreements with HBIS
Nov 20, 2025
China Gas Industry Investment Holdings Co. Ltd. has announced the renewal of its Master Agreements and TTG Services Agreement for a further three-year term starting January 2026. This renewal, involving connected transactions with HBIS, requires c...
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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.
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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.