Zhonghua Gas Holdings Ltd. (8246) AI Stock Analysis

• Market Cap: HK$660.86M
• Dividend Yield: N/A
• Average Volume (3M): 226.67K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.02
• Revenue Growth: -53.54%
• EPS Growth: -866.67%
• Country: HK
• Employees: 45
• Sector: Industrials
• Sector Strength: 93
• Industry: Engineering & Construction
• EPS (TTM): N/A
• Shares Outstanding: 4,263,624,000
• 10 Day Avg. Volume: 224,800
• 30 Day Avg. Volume: 226,666
• PEG Ratio: <0.01
• Price to Book (P/B): 3.87
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.71
• 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: Hold
• Number of Analyst Covering: 0

• Rating: 49 Neutral
• Price Target: HK$0.00 ▼(-100.00%Downside)

Zhonghua Gas Holdings Ltd. has significant financial challenges with declining revenues and negative cash flows, leading to a low financial performance score. While there is some positive technical momentum, potential overbought conditions pose a risk. Poor valuation metrics further weigh down the overall score.

Zhonghua Gas Holdings Ltd. Business Overview & Revenue Model

Company Description

Zhonghua Gas Holdings Ltd. (8246) is a company primarily engaged in the energy sector, focusing on the development, investment, and operation of clean energy projects. The company's core products and services include the provision of natural gas, liquefied petroleum gas (LPG), and other related energy solutions. Zhonghua Gas Holdings Ltd. aims to contribute to the sustainable development of energy resources and support the transition to cleaner energy options.

How the Company Makes Money

Zhonghua Gas Holdings Ltd. generates revenue through its various operations in the energy sector. The company's primary revenue streams include the sale of natural gas and LPG to residential, commercial, and industrial customers. This involves the distribution and supply of these energy products through its network and infrastructure. Additionally, the company may engage in partnerships or joint ventures to expand its reach and capabilities in the energy market, which can contribute to its earnings. The company's focus on clean energy initiatives also aligns with broader industry trends towards sustainability, which can enhance its market position and financial performance.

Zhonghua Gas Holdings Ltd. Financial Statement Overview

Summary

Zhonghua Gas Holdings Ltd. is facing significant financial challenges, with declining revenues, consistent losses, and negative cash flows. While there is a slight improvement in debt levels, the company's overall financial health is weak, characterized by negative profitability metrics and cash flow issues. Urgent strategic changes are needed to address these persistent financial problems.

Income Statement

The income statement reveals a significant decline in revenue, dropping from HK$420.66 million in 2021 to HK$89.19 million in 2024. The gross profit margin is negative, indicating cost issues, and the net profit margin is also deeply negative, showing consistent losses. The EBIT and EBITDA margins are concerning, with EBIT heavily negative and consistent negative NET income over the years, indicating poor operational performance and inability to cover operating expenses.

Balance Sheet

The company's balance sheet shows some strengths with a decrease in total debt from 2023 to 2024, improving the debt-to-equity ratio. However, the equity ratio has been declining due to shrinking stockholders' equity. The return on equity is negative due to consistent net losses. The overall stability is affected by high liabilities and negative net income.

Cash Flow

The cash flow statement indicates severe issues with negative operating and free cash flows in 2024, suggesting the company is struggling to generate cash from its core operations. The free cash flow to net income ratio is poor, and the operating cash flow to net income ratio is negative, reflecting operational inefficiencies and financial distress.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	89.19M	186.65M	200.53M	420.66M	243.70M
Gross Profit	3.54M	-6.79M	-7.95M	-7.03M	-4.12M
EBITDA	-38.51M	11.23M	11.08M	-194.44M	-133.53M
Net Income	-49.10M	-6.66M	-3.74M	-213.59M	-143.46M
Balance Sheet
Total Assets	406.03M	349.67M	346.73M	358.92M	595.03M
Cash, Cash Equivalents and Short-Term Investments	69.10M	196.57M	38.75M	60.77M	85.48M
Total Debt	52.97M	95.17M	88.00M	84.62M	101.61M
Total Liabilities	233.46M	210.43M	203.78M	214.23M	240.48M
Stockholders Equity	136.71M	104.76M	109.79M	115.04M	302.63M
Cash Flow
Free Cash Flow	-130.43M	162.78M	-18.20M	-22.61M	-25.60M
Operating Cash Flow	-129.69M	163.23M	-18.14M	-10.87M	-24.92M
Investing Cash Flow	575.00K	342.00K	191.00K	-4.07M	-999.00K
Financing Cash Flow	2.05M	-6.50M	-8.02M	-7.86M	92.57M

Zhonghua Gas Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.15
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8246, the sentiment is Positive. The current price of 0.15 is below the 20-day moving average (MA) of 0.15, above the 50-day MA of 0.13, and above the 200-day MA of 0.15, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 68.02 is Neutral, neither overbought nor oversold. The STOCH value of 89.86 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8246.

Zhonghua Gas Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	58 Neutral	HK$14.89B	4.69	-2.78%	5.83%	3.80%	-54.55%
6829	57 Neutral	HK$440.64M	41.35	3.08%	―	37.12%	-55.20%
1726	53 Neutral	HK$1.83B	―	-62.57%	―	37.20%	5.04%
1683	50 Neutral	HK$1.55B	106.67	-9.39%	―	-35.62%	-481.82%
8246	49 Neutral	HK$660.86M	―	-40.83%	―	-53.54%	-866.67%
8021	45 Neutral	HK$258.61M	8.18	7.78%	―	-22.96%	―