Beijing Gas Blue Sky Holdings Ltd (HK:6828)
:6828
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Beijing Gas Blue Sky Holdings Ltd
(6828)
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Rating:49Neutral
Price Target:
HK$0.04
▲(26.67% Upside)
Action:ReiteratedDate:01/23/26
The score is held down primarily by weak financial performance (thin/negative operating profitability, declining revenue, high leverage, and zero operating/free cash flow). Technicals are supportive of recent upside but are overbought, and valuation is only moderately attractive with no dividend data to offset the financial risks.
Positive Factors
Regulated city gas & pipeline franchise
Operating city gas distribution and pipeline infrastructure creates durable, demand-driven revenue tied to essential energy services. Regulated or municipal franchise characteristics typically produce predictable throughput and raise barriers to entry, supporting stable cash flows over the medium term.
Negative Factors
Very low/negative operating margins
Extremely thin gross margin and a negative EBIT margin imply limited ability to absorb cost shocks or invest in growth. Margin weakness undermines sustainable cash generation, constrains reinvestment, and increases reliance on external financing if operating performance does not improve.
Read all positive and negative factors
Positive Factors
Negative Factors
Regulated city gas & pipeline franchise
Operating city gas distribution and pipeline infrastructure creates durable, demand-driven revenue tied to essential energy services. Regulated or municipal franchise characteristics typically produce predictable throughput and raise barriers to entry, supporting stable cash flows over the medium term.
Read all positive factors
Beijing Gas Blue Sky Holdings Ltd (6828) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$750.29M
Dividend YieldN/A
Average Volume (3M)11.84M
Price to Earnings (P/E)7.7
Beta (1Y)1.39
Revenue Growth4.42%
EPS Growth-24.00%
CountryHK
Employees564
SectorUtilities
Sector Strength65
IndustryRegulated Gas
Share Statistics
EPS (TTM)<0.01
Shares Outstanding22,736,115,000
10 Day Avg. Volume17,919,800
30 Day Avg. Volume11,844,733
Financial Highlights & Ratios
PEG Ratio-1.35
Price to Book (P/B)0.64
Price to Sales (P/S)0.51
P/FCF Ratio-36.34
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$0.05Price Target Upside66.67% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Beijing Gas Blue Sky Holdings Ltd Business Overview & Revenue Model
Company Description
Beijing Gas Blue Sky Holdings Limited, an investment holding company, engages in the sale and distribution of natural gas and other related products in the People's Republic of China. It operates through Natural Gas Refuelling Station; Trading and...
How the Company Makes Money
Beijing Gas Blue Sky Holdings Ltd generates revenue primarily through the distribution of natural gas to residential, commercial, and industrial sectors. Key revenue streams include the sale of piped natural gas, which is charged based on consumpt...
Beijing Gas Blue Sky Holdings Ltd Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
50
Neutral
Cash Flow
30
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.38B | 1.69B | 2.13B | 1.57B | 1.73B | 1.46B |
| Gross Profit | 39.76M | 49.71M | 64.87M | 88.26M | 119.34M | 155.25M |
| EBITDA | 10.76M | 1.58M | 77.56M | -7.14M | -433.83M | -3.87B |
| Net Income | 58.36M | 85.07M | 91.29M | 18.64M | -275.40M | -3.72B |
Balance Sheet | ||||||
| Total Assets | 4.92B | 4.45B | 5.09B | 5.22B | 5.24B | 5.47B |
| Cash, Cash Equivalents and Short-Term Investments | 399.68M | 360.37M | 401.43M | 570.24M | 767.77M | 759.49M |
| Total Debt | 2.58B | 2.35B | 2.73B | 2.79B | 3.60B | 3.53B |
| Total Liabilities | 3.26B | 2.97B | 3.46B | 3.66B | 4.54B | 4.66B |
| Stockholders Equity | 1.54B | 1.36B | 1.41B | 1.29B | 604.84M | 749.90M |
Cash Flow | ||||||
| Free Cash Flow | -21.26M | -23.78M | 69.78M | 152.40M | 45.58M | -207.41M |
| Operating Cash Flow | 33.28M | 17.01M | 126.32M | 174.47M | 103.37M | -150.69M |
| Investing Cash Flow | 92.76M | 277.90M | -4.85M | 308.20M | 204.74M | -220.46M |
| Financing Cash Flow | -179.18M | -299.45M | -244.52M | -386.15M | -85.13M | 524.94M |
Beijing Gas Blue Sky Holdings Ltd Technical Analysis
Negative
0.03
Price Trends
0.04
Negative
0.04
Negative
0.04
Negative
Market Momentum
>-0.01
Positive
18.32
Positive
-28.57
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6828, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 18.32 is Positive, neither overbought nor oversold. The STOCH value of -28.57 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6828.
Beijing Gas Blue Sky Holdings 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% | |
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% | |
59 Neutral | HK$2.84B | 5.95 | 4.85% | 4.94% | 7.55% | -32.06% | |
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:6828
Beijing Gas Blue Sky Holdings Ltd
0.03
<0.01
13.79%
HK:2886
Binhai Investment Co
1.14
0.16
16.68%
HK:1265
Tianjin Jinran Public Utilities Co. Ltd. Class H
0.20
0.02
14.04%
HK:9908
JiaXing Gas Group Co. Ltd. Class H
9.00
2.77
44.46%
HK:1600
Tian Lun Gas Holdings Limited
2.91
0.70
31.67%
HK:1940
China Gas Industry Investment Holdings Co.Ltd.
1.41
0.93
193.75%
Beijing Gas Blue Sky Holdings Ltd Corporate Events
Beijing Gas Blue Sky Says Litigation Appeal Not Expected to Hit Daily Operations
Feb 2, 2026
Beijing Gas Blue Sky Holdings Limited has disclosed that Dalian PetroChina Xiuhe Energy Co., Ltd. has filed an appeal with the Higher People’s Court of Liaoning Province, challenging a prior judgment in ongoing litigation involving the compa...
Beijing Gas Blue Sky Faces RMB161.8 Million Claim in Equity Transfer Lawsuit
Jan 22, 2026
Beijing Gas Blue Sky Holdings Limited has disclosed an update on a lawsuit in mainland China brought by three individuals who claim they were original shareholders of a target company and who allege that an equity transfer agreement signed in 2018...
Beijing Gas Blue Sky Wins Court Ruling as Debt Assignment in Benxi Deal Ruled Invalid
Dec 31, 2025
Beijing Gas Blue Sky Holdings Limited has announced a favourable court judgment in a long-running dispute tied to the acquisition of a 10% equity interest in Benxi Liaoyou, where Dalian PetroChina Xiuhe Energy had sought to recover an outstanding ...
Beijing Gas Blue Sky Secures CNY200 Million Loan Facility
Nov 13, 2025
Beijing Gas Blue Sky Holdings Limited has announced the acceptance of a facility letter for an uncommitted revolving loan facility amounting to up to CNY200 million. This financial arrangement requires Beijing Gas Group Co., Ltd. and Beijing Enter...
Beijing Gas Blue Sky Extends Loan Facility Amid Shareholding Conditions
Nov 6, 2025
Beijing Gas Blue Sky Holdings Limited announced the acceptance of a supplementary facility letter, extending the maturity date of its revolving loan facility to 12 months. This extension is subject to the bank’s right to demand repayment or ...
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.