Zhonghua Gas Holdings Ltd. (HK:8246)
:8246
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Zhonghua Gas Holdings Ltd.
(8246)
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Rating:44Neutral
Price Target:
HK$0.08
▲(1.25% Upside)
Action:ReiteratedDate:01/20/26
The score is primarily weighed down by poor financial performance (sharp revenue decline, sustained losses, and negative operating/free cash flow). Technical indicators are largely neutral and provide limited support, while valuation is also weak due to the negative P/E and lack of dividend data.
Positive Factors
Stable gas distribution business model
A core focus on piped gas and LNG distribution to households, businesses and industry is a durable, essential-service business. Utility-like demand and long service relationships support predictable baseline volumes and opportunities for multi-year contracts and regulated or quasi-regulated revenues over the medium term.
Negative Factors
Sharp multi-year revenue decline
A more than 75% revenue contraction over three years materially weakens scale economics, reduces margins and bargaining power, and raises fixed-cost burden per unit. Sustained top-line shrinkage undermines reinvestment capacity and makes recovery harder absent structural market or contractual shifts.
Read all positive and negative factors
Positive Factors
Negative Factors
Stable gas distribution business model
A core focus on piped gas and LNG distribution to households, businesses and industry is a durable, essential-service business. Utility-like demand and long service relationships support predictable baseline volumes and opportunities for multi-year contracts and regulated or quasi-regulated revenues over the medium term.
Read all positive factors
Zhonghua Gas Holdings Ltd. (8246) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$473.76M
Dividend YieldN/A
Average Volume (3M)1.77M
Price to Earnings (P/E)―
Beta (1Y)-0.16
Revenue Growth-74.15%
EPS Growth1.96%
CountryHK
Employees45
SectorUtilities
Sector Strength65
IndustryEngineering & Construction
Share Statistics
EPS (TTM)N/A
Shares Outstanding592,203,000
10 Day Avg. Volume4,720,900
30 Day Avg. Volume1,770,966
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)4.47
Price to Sales (P/S)6.86
P/FCF Ratio-4.69
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
Zhonghua Gas Holdings Ltd. Business Overview & Revenue Model
Company Description
Zhonghua Gas Holdings Limited, an investment holding company, provides integrated new energy services primarily in the People's Republic of China. Its New Energy Business segment provides integrated new energy services, including technological dev...
How the Company Makes Money
Zhonghua Gas Holdings Ltd. generates revenue primarily through the sale of natural gas to its customers, which includes residential households, commercial establishments, and industrial clients. The company has established a network of pipelines t...
Zhonghua Gas Holdings Ltd. Financial Statement Overview
Summary
Income Statement
15
Very Negative
Balance Sheet
40
Negative
Cash Flow
20
Very Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 19.71M | 89.19M | 186.65M | 200.53M | 420.66M | 243.70M |
| Gross Profit | 2.08M | 3.54M | -6.79M | -7.95M | -7.03M | -4.12M |
| EBITDA | -32.60M | -38.51M | 11.23M | 11.08M | -194.44M | -135.45M |
| Net Income | -33.94M | -49.10M | -6.66M | -5.25M | -191.31M | -131.02M |
Balance Sheet | ||||||
| Total Assets | 357.05M | 406.03M | 349.67M | 346.73M | 358.92M | 595.03M |
| Cash, Cash Equivalents and Short-Term Investments | 11.50M | 69.10M | 196.57M | 38.75M | 60.77M | 85.48M |
| Total Debt | 39.08M | 52.97M | 95.17M | 88.00M | 84.62M | 103.41M |
| Total Liabilities | 170.54M | 233.46M | 210.43M | 203.78M | 214.23M | 240.48M |
| Stockholders Equity | 149.94M | 136.71M | 104.76M | 109.79M | 115.04M | 302.63M |
Cash Flow | ||||||
| Free Cash Flow | -6.96M | -130.43M | 162.78M | -18.20M | -22.61M | -25.60M |
| Operating Cash Flow | -5.75M | -129.69M | 163.23M | -18.14M | -10.87M | -24.92M |
| Investing Cash Flow | -1.20M | 575.00K | 342.00K | 191.00K | -4.07M | -999.00K |
| Financing Cash Flow | 11.03M | 2.05M | -6.50M | -8.02M | -7.86M | 92.57M |
Zhonghua Gas Holdings Ltd. Technical Analysis
Negative
0.08
Price Trends
0.77
Positive
0.71
Positive
0.82
Negative
Market Momentum
0.01
Positive
45.67
Neutral
58.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8246, the sentiment is Negative. The current price of 0.08 is below the 20-day moving average (MA) of 0.85, below the 50-day MA of 0.77, and below the 200-day MA of 0.82, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 45.67 is Neutral, neither overbought nor oversold. The STOCH value of 58.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8246.
Zhonghua Gas Holdings Ltd. Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
52 Neutral | HK$714.24M | 14.81 | 2.63% | ― | 22.30% | 48.48% | |
52 Neutral | HK$143.67M | 0.71 | 13.27% | ― | -3.98% | 37.50% | |
49 Neutral | HK$1.39B | -13.79 | -101.13% | ― | 26.40% | -6.44% | |
44 Neutral | HK$473.76M | -4.96 | -23.68% | ― | -74.15% | 1.96% | |
41 Neutral | HK$513.22M | -236.90 | -4.50% | ― | -37.55% | -1727.78% |
* Utilities Sector Average
HK:8246
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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.