공고 • Jun 30
Changchun Gas Co,.Ltd to Report First Half, 2026 Results on Aug 27, 2026 Changchun Gas Co,.Ltd announced that they will report first half, 2026 results on Aug 27, 2026 Buy Or Sell Opportunity • Jun 25
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to CN¥5.15. The fair value is estimated to be CN¥6.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Meanwhile, the company has become profitable. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Jianxun Li was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공고 • May 13
Changchun Gas Co,.Ltd, Annual General Meeting, Jun 03, 2026 Changchun Gas Co,.Ltd, Annual General Meeting, Jun 03, 2026, at 14:00 China Standard Time. Location: 8F, No. 421, Yan'an Avenue, Chaoyang District, Changchun, Jilin China 공고 • Mar 30
Changchun Gas Co,.Ltd to Report Q1, 2026 Results on Apr 30, 2026 Changchun Gas Co,.Ltd announced that they will report Q1, 2026 results on Apr 30, 2026 공고 • Dec 26
Changchun Gas Co,.Ltd to Report Fiscal Year 2025 Results on Apr 24, 2026 Changchun Gas Co,.Ltd announced that they will report fiscal year 2025 results on Apr 24, 2026 공고 • Sep 30
Changchun Gas Co,.Ltd to Report Q3, 2025 Results on Oct 30, 2025 Changchun Gas Co,.Ltd announced that they will report Q3, 2025 results on Oct 30, 2025 공고 • Jun 30
Changchun Gas Co,.Ltd to Report First Half, 2025 Results on Aug 28, 2025 Changchun Gas Co,.Ltd announced that they will report first half, 2025 results on Aug 28, 2025 공고 • Apr 25
Changchun Gas Co,.Ltd, Annual General Meeting, May 27, 2025 Changchun Gas Co,.Ltd, Annual General Meeting, May 27, 2025, at 14:00 China Standard Time. Location: 8F, No. 421, Yan'an Avenue, Changchun, Jilin China 공고 • Mar 28
Changchun Gas Co,.Ltd to Report Q1, 2025 Results on Apr 25, 2025 Changchun Gas Co,.Ltd announced that they will report Q1, 2025 results on Apr 25, 2025 공고 • Dec 27
Changchun Gas Co,.Ltd to Report Fiscal Year 2024 Results on Apr 25, 2025 Changchun Gas Co,.Ltd announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.041 loss per share (vs CN¥0.014 loss in 3Q 2023) Third quarter 2024 results: CN¥0.041 loss per share (further deteriorated from CN¥0.014 loss in 3Q 2023). Revenue: CN¥344.3m (down 4.9% from 3Q 2023). Net loss: CN¥29.2m (loss widened 276% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. 공고 • Sep 30
Changchun Gas Co,.Ltd to Report Q3, 2024 Results on Oct 30, 2024 Changchun Gas Co,.Ltd announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 24
Second quarter 2024 earnings released: CN¥0.09 loss per share (vs CN¥0.08 loss in 2Q 2023) Second quarter 2024 results: CN¥0.09 loss per share. Revenue: CN¥374.1m (up 19% from 2Q 2023). Net loss: CN¥37.7m (loss narrowed 26% from 2Q 2023). 공고 • Jun 28
Changchun Gas Co,.Ltd to Report First Half, 2024 Results on Aug 24, 2024 Changchun Gas Co,.Ltd announced that they will report first half, 2024 results on Aug 24, 2024 공고 • May 09
Changchun Gas Co,.Ltd, Annual General Meeting, May 28, 2024 Changchun Gas Co,.Ltd, Annual General Meeting, May 28, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Changchun, Jilin China 공고 • Mar 29
Changchun Gas Co,.Ltd to Report Q1, 2024 Results on Apr 13, 2024 Changchun Gas Co,.Ltd announced that they will report Q1, 2024 results on Apr 13, 2024 공고 • Dec 29
Changchun Gas Co,.Ltd to Report Fiscal Year 2023 Results on Apr 13, 2024 Changchun Gas Co,.Ltd announced that they will report fiscal year 2023 results on Apr 13, 2024 Reported Earnings • Oct 29
Third quarter 2023 earnings released: CN¥0.014 loss per share (vs CN¥0.028 loss in 3Q 2022) Third quarter 2023 results: CN¥0.014 loss per share (improved from CN¥0.028 loss in 3Q 2022). Revenue: CN¥362.1m (up 6.1% from 3Q 2022). Net loss: CN¥7.76m (loss narrowed 54% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance. 공고 • Sep 30
Changchun Gas Co,.Ltd to Report Q3, 2023 Results on Oct 28, 2023 Changchun Gas Co,.Ltd announced that they will report Q3, 2023 results on Oct 28, 2023 New Risk • Aug 20
New major risk - Revenue and earnings growth Earnings have declined by 4.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 19
Second quarter 2023 earnings released: CN¥0.08 loss per share (vs CN¥0.14 loss in 2Q 2022) Second quarter 2023 results: CN¥0.08 loss per share (improved from CN¥0.14 loss in 2Q 2022). Revenue: CN¥313.9m (up 32% from 2Q 2022). Net loss: CN¥50.9m (loss narrowed 45% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. 공고 • Jun 28
Changchun Gas Co,.Ltd to Report Q2, 2023 Results on Aug 19, 2023 Changchun Gas Co,.Ltd announced that they will report Q2, 2023 results on Aug 19, 2023 Reported Earnings • Apr 29
First quarter 2023 earnings released: CN¥0.09 loss per share (vs CN¥0.02 loss in 1Q 2022) First quarter 2023 results: CN¥0.09 loss per share (further deteriorated from CN¥0.02 loss in 1Q 2022). Revenue: CN¥657.4m (down 1.4% from 1Q 2022). Net loss: CN¥54.6m (loss widened 368% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 1 highly experienced director. 4 independent directors (5 non-independent directors). Chairman Zhichao Zhang was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 31
Third quarter 2022 earnings released: CN¥0.028 loss per share (vs CN¥0.04 loss in 3Q 2021) Third quarter 2022 results: CN¥0.028 loss per share (improved from CN¥0.04 loss in 3Q 2021). Revenue: CN¥341.5m (up 24% from 3Q 2021). Net loss: CN¥16.7m (loss narrowed 33% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 29
Second quarter 2022 earnings released: CN¥0.14 loss per share (vs CN¥0.075 loss in 2Q 2021) Second quarter 2022 results: CN¥0.14 loss per share (down from CN¥0.075 loss in 2Q 2021). Revenue: CN¥238.5m (down 13% from 2Q 2021). Net loss: CN¥92.5m (loss widened 121% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 02
First quarter 2022 earnings released: CN¥0.02 loss per share (vs CN¥0.03 loss in 1Q 2021) First quarter 2022 results: CN¥0.02 loss per share (up from CN¥0.03 loss in 1Q 2021). Revenue: CN¥666.6m (up 16% from 1Q 2021). Net loss: CN¥11.7m (loss narrowed 44% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 1 highly experienced director. 4 independent directors (5 non-independent directors). Chairman Zhichao Zhang was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 31
Third quarter 2021 earnings released: CN¥0.04 loss per share (vs CN¥0.02 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥275.5m (down 5.2% from 3Q 2020). Net loss: CN¥25.1m (down 332% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 28
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥6.05, the stock trades at a trailing P/E ratio of 61.8x. Average trailing P/E is 21x in the Gas Utilities industry in China. Total returns to shareholders of 19% over the past three years. Reported Earnings • Aug 22
Second quarter 2021 earnings released: CN¥0.075 loss per share (vs CN¥0.08 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CN¥275.2m (up 4.9% from 2Q 2020). Net loss: CN¥41.8m (loss narrowed 14% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Apr 30
Full year 2020 earnings released: EPS CN¥0.03 (vs CN¥0.016 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥1.56b (down 9.9% from FY 2019). Net income: CN¥16.4m (up 71% from FY 2019). Profit margin: 1.1% (up from 0.6% in FY 2019). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 4% per year. Is New 90 Day High Low • Feb 11
New 90-day low: CN¥4.40 The company is down 5.0% from its price of CN¥4.65 on 13 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Gas Utilities industry, which is down 18% over the same period. Is New 90 Day High Low • Dec 24
New 90-day high: CN¥6.33 The company is up 52% from its price of CN¥4.16 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Gas Utilities industry, which is down 5.0% over the same period. Is New 90 Day High Low • Dec 04
New 90-day high: CN¥5.14 The company is up 23% from its price of CN¥4.18 on 04 September 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Gas Utilities industry, which is flat over the same period. Is New 90 Day High Low • Nov 18
New 90-day high: CN¥5.01 The company is up 18% from its price of CN¥4.25 on 20 August 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Gas Utilities industry, which is down 6.0% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥4.17m, with earnings increasing by CN¥29.7m from the prior year. Total revenue was CN¥1.60b over the last 12 months, down 1.1% from the prior year. Is New 90 Day High Low • Oct 15
New 90-day high: CN¥4.89 The company is up 20% from its price of CN¥4.07 on 17 July 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Gas Utilities industry, which is down 5.0% over the same period.