Reported Earnings • Apr 20
Full year 2025 earnings released: EPS: CN¥1.14 (vs CN¥1.04 in FY 2024) Full year 2025 results: EPS: CN¥1.14 (up from CN¥1.04 in FY 2024). Revenue: CN¥1.33b (down 7.8% from FY 2024). Net income: CN¥216.1m (up 9.4% from FY 2024). Profit margin: 16% (up from 14% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 13% per year. Announcement • Apr 20
Xinjiang East Universe Gas Co.Ltd., Annual General Meeting, May 11, 2026 Xinjiang East Universe Gas Co.Ltd., Annual General Meeting, May 11, 2026, at 11:30 China Standard Time. Location: 26F, No. 198, Yan'an North Road, Changji, Xinjiang China Announcement • Mar 30
Xinjiang East Universe Gas Co.Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Xinjiang East Universe Gas Co.Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Buy Or Sell Opportunity • Mar 05
Now 21% undervalued Over the last 90 days, the stock has risen 5.4% to CN¥21.03. The fair value is estimated to be CN¥26.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 14%. Buy Or Sell Opportunity • Jan 27
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.4% to CN¥20.91. The fair value is estimated to be CN¥26.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 14%. Announcement • Dec 26
Xinjiang East Universe Gas Co.Ltd. to Report Fiscal Year 2025 Results on Apr 20, 2026 Xinjiang East Universe Gas Co.Ltd. announced that they will report fiscal year 2025 results on Apr 20, 2026 Buy Or Sell Opportunity • Nov 21
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.2% to CN¥20.09. The fair value is estimated to be CN¥26.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 14%. Reported Earnings • Nov 03
Third quarter 2025 earnings released: EPS: CN¥0.078 (vs CN¥0.035 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.078 (up from CN¥0.035 in 3Q 2024). Revenue: CN¥146.1m (down 2.4% from 3Q 2024). Net income: CN¥14.6m (up 117% from 3Q 2024). Profit margin: 10.0% (up from 4.5% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year and the company’s share price has also increased by 14% per year. Announcement • Sep 30
Xinjiang East Universe Gas Co.Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Xinjiang East Universe Gas Co.Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Reported Earnings • Sep 01
Second quarter 2025 earnings released: EPS: CN¥0.22 (vs CN¥0.23 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.22. Revenue: CN¥236.5m (up 37% from 2Q 2024). Net income: CN¥42.4m (flat on 2Q 2024). Profit margin: 18% (down from 25% in 2Q 2024). The decrease in margin was driven by higher expenses. New Risk • Aug 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Aug 12
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 30% to CN¥24.52. The fair value is estimated to be CN¥20.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 13%. Announcement • Jun 30
Xinjiang East Universe Gas Co.Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Xinjiang East Universe Gas Co.Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥22.31, the stock trades at a trailing P/E ratio of 20.5x. Average trailing P/E is 19x in the Gas Utilities industry in China. Total returns to shareholders of 69% over the past three years. Declared Dividend • Jun 15
Dividend of CN¥0.90 announced Dividend of CN¥0.90 is the same as last year. Ex-date: 19th June 2025 Payment date: 19th June 2025 Dividend yield will be 4.3%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is covered by both earnings (83% earnings payout ratio) and cash flows (88% cash payout ratio). The dividend has increased by an average of 17% per year over the past 6 years and payments have been stable during that time. Earnings per share has grown by 4.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 25
Full year 2024 earnings released: EPS: CN¥1.04 (vs CN¥1.04 in FY 2023) Full year 2024 results: EPS: CN¥1.04 (in line with FY 2023). Revenue: CN¥1.44b (up 20% from FY 2023). Net income: CN¥197.5m (flat on FY 2023). Profit margin: 14% (down from 16% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Apr 25
Xinjiang East Universe Gas Co.Ltd., Annual General Meeting, May 15, 2025 Xinjiang East Universe Gas Co.Ltd., Annual General Meeting, May 15, 2025, at 11:00 China Standard Time. Location: 24F, No. 198, Yan'an North Road, Changji, Xinjiang China Announcement • Mar 28
Xinjiang East Universe Gas Co.Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Xinjiang East Universe Gas Co.Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 New Risk • Feb 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Dec 27
Xinjiang East Universe Gas Co.Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Xinjiang East Universe Gas Co.Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Buy Or Sell Opportunity • Nov 26
Now 27% undervalued Over the last 90 days, the stock has risen 35% to CN¥19.22. The fair value is estimated to be CN¥26.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 14%. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥20.58, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 17x in the Gas Utilities industry in China. Total returns to shareholders of 68% over the past three years. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.035 (vs CN¥0.043 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.035 (down from CN¥0.043 in 3Q 2023). Revenue: CN¥149.6m (up 4.1% from 3Q 2023). Net income: CN¥6.73m (down 13% from 3Q 2023). Profit margin: 4.5% (down from 5.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Xinjiang East Universe Gas Co.Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Xinjiang East Universe Gas Co.Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥16.10, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 15x in the Gas Utilities industry in China. Total returns to shareholders of 17% over the past three years. Announcement • Jun 28
Xinjiang East Universe Gas Co.Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Xinjiang East Universe Gas Co.Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥16.53, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 16x in the Gas Utilities industry in China. Total returns to shareholders of 34% over the past three years. Announcement • Apr 24
Xinjiang East Universe Gas Co.Ltd., Annual General Meeting, May 14, 2024 Xinjiang East Universe Gas Co.Ltd., Annual General Meeting, May 14, 2024, at 11:00 China Standard Time. Location: 26F, No. 198, Yan'an North Road, Changji, Xinjiang China Reported Earnings • Apr 24
Full year 2023 earnings released: EPS: CN¥1.04 (vs CN¥0.72 in FY 2022) Full year 2023 results: EPS: CN¥1.04 (up from CN¥0.72 in FY 2022). Revenue: CN¥1.20b (up 14% from FY 2022). Net income: CN¥197.4m (up 44% from FY 2022). Profit margin: 16% (up from 13% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Mar 29
Xinjiang East Universe Gas Co.Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Xinjiang East Universe Gas Co.Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Buy Or Sell Opportunity • Feb 08
Now 29% overvalued Over the last 90 days, the stock has fallen 35% to CN¥12.15. The fair value is estimated to be CN¥9.38, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 6.3%. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥12.68, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 17x in the Gas Utilities industry in China. Total returns to shareholders of 8.2% over the past three years. Announcement • Dec 30
Xinjiang East Universe Gas Co.Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024 Xinjiang East Universe Gas Co.Ltd. announced that they will report fiscal year 2023 results on Apr 24, 2024 Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥19.55, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 19x in the Gas Utilities industry in China. Total returns to shareholders of 29% over the past three years. New Risk • Nov 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.043 (vs CN¥0.051 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.043 (down from CN¥0.051 in 3Q 2022). Revenue: CN¥143.8m (up 29% from 3Q 2022). Net income: CN¥7.71m (down 20% from 3Q 2022). Profit margin: 5.4% (down from 8.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.099 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.16 (up from CN¥0.099 in 2Q 2022). Revenue: CN¥169.2m (up 31% from 2Q 2022). Net income: CN¥31.4m (up 67% from 2Q 2022). Profit margin: 19% (up from 14% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 26
Full year 2022 earnings released: EPS: CN¥0.72 (vs CN¥0.82 in FY 2021) Full year 2022 results: EPS: CN¥0.72 (down from CN¥0.82 in FY 2021). Revenue: CN¥1.06b (up 7.0% from FY 2021). Net income: CN¥137.1m (down 12% from FY 2021). Profit margin: 13% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 2% per year. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Yubo Zeng was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.051 (vs CN¥0.044 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.051 (up from CN¥0.044 in 3Q 2021). Revenue: CN¥111.2m (down 10% from 3Q 2021). Net income: CN¥9.69m (up 12% from 3Q 2021). Profit margin: 8.7% (up from 7.0% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Board Change • Aug 23
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Yubo Zeng was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 17
Second quarter 2022 earnings released: EPS: CN¥0.099 (vs CN¥0.13 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.099 (down from CN¥0.13 in 2Q 2021). Revenue: CN¥129.7m (down 7.3% from 2Q 2021). Net income: CN¥18.8m (down 25% from 2Q 2021). Profit margin: 14% (down from 18% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: CN¥0.33 (vs CN¥0.28 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.33 (up from CN¥0.28 in 1Q 2021). Revenue: CN¥395.8m (up 7.6% from 1Q 2021). Net income: CN¥62.9m (up 20% from 1Q 2021). Profit margin: 16% (up from 14% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 17
Full year 2021 earnings released: EPS: CN¥0.82 (vs CN¥0.65 in FY 2020) Full year 2021 results: EPS: CN¥0.82 (up from CN¥0.65 in FY 2020). Revenue: CN¥988.3m (up 23% from FY 2020). Net income: CN¥155.8m (up 49% from FY 2020). Profit margin: 16% (up from 13% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 25
First half 2021 earnings released: EPS CN¥0.41 (vs CN¥0.36 in 1H 2020) The company reported a solid first half result with improved earnings and revenues, although profit margins were flat. First half 2021 results: Revenue: CN¥507.5m (up 30% from 1H 2020). Net income: CN¥77.3m (up 33% from 1H 2020). Profit margin: 15% (in line with 1H 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 20
Full year 2020 earnings released: EPS CN¥0.65 (vs CN¥0.71 in FY 2019) The company reported a mediocre full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥804.6m (up 78% from FY 2019). Net income: CN¥104.5m (down 7.7% from FY 2019). Profit margin: 13% (down from 25% in FY 2019). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Jan 28
New 90-day low: CN¥14.02 The company is down 17% from its price of CN¥16.94 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is down 14% over the same period. Is New 90 Day High Low • Jan 05
New 90-day low: CN¥15.88 The company is down 6.0% from its price of CN¥16.95 on 30 September 2020. The Chinese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is up 2.0% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥16.48 The company is down 9.0% from its price of CN¥18.20 on 16 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is down 3.0% over the same period. Is New 90 Day High Low • Oct 31
New 90-day low: CN¥16.94 The company is down 14% from its price of CN¥19.66 on 31 July 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is down 9.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥109.5m, up 4.2% from the prior year. Total revenue was CN¥599.6m over the last 12 months, up 34% from the prior year. Announcement • Oct 29
Xinjiang East Universe (Group) Gas Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020 Xinjiang East Universe (Group) Gas Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020 Is New 90 Day High Low • Sep 30
New 90-day low: CN¥16.95 The company is down 7.0% from its price of CN¥18.27 on 02 July 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is down 1.0% over the same period. Announcement • Aug 06
Xinjiang Dongfang Huanyu Investment (Group) Co., Ltd. entered into an agreement to acquire Xinjiang East Universe New Energy Co., Ltd. from Xinjiang East Universe (Group) Gas Co., Ltd. (SHSE:603706) for CNY 37 million. Xinjiang Dongfang Huanyu Investment (Group) Co., Ltd. entered into an agreement to acquire Xinjiang East Universe New Energy Co., Ltd. from Xinjiang East Universe (Group) Gas Co., Ltd. (SHSE:603706) for CNY 37 million on August 5, 2020. The consideration will be paid in two installments. Xinjiang Dongfang will pay 20% of the consideration within 30 working days after the equity transfer agreement becomes effective and once the equity transfer has completed market supervision procedures, within three months from the date of change of registration by the administrative department, Xinjiang Dongfang shall pay 80% of the transaction price. For the year ended December 31, 2019, Xinjiang East Universe New Energy reported total assets of CNY 38.7 million, net assets of CNY 36.97 million and net profit of CNY 0.1 million. Announcement • Jul 09
Xinjiang East Universe (Group) Gas Co., Ltd. (SHSE:603706) entered into a share acquisition agreement to acquire Yili Weibo Heating Power Co., Ltd. from 17 individuals for approximately CNY 110 million. Xinjiang East Universe (Group) Gas Co., Ltd. (SHSE:603706) entered into a share acquisition agreement to acquire Yili Weibo Heating Power Co., Ltd. from 17 individuals for approximately CNY 110 million on July 3, 2020. Yili Weibo Heating Power Co., Ltd. reported revenue of CNY 80.9 million, total assets of CNY 293.9 million, net profit of CNY 17.2 million and net assets of CNY 63.8 million as of December 31, 2019. The transaction is approved by the Board of Xinjiang East Universe (Group) Gas Co., Ltd. Announcement • Jul 06
Xinjiang East Universe (Group) Gas Co., Ltd. to Report First Half, 2020 Results on Aug 14, 2020 Xinjiang East Universe (Group) Gas Co., Ltd. announced that they will report first half, 2020 results on Aug 14, 2020