View ValuationShenzhen Gas 향후 성장Future 기준 점검 1/6Shenzhen Gas (는) 각각 연간 10.6% 및 4.7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 10.8% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 10% 로 예상됩니다.핵심 정보10.6%이익 성장률10.79%EPS 성장률Gas Utilities 이익 성장5.6%매출 성장률4.7%향후 자기자본이익률9.95%애널리스트 커버리지Low마지막 업데이트13 Jul 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공고 • Jun 30Shenzhen Gas Corporation Ltd. to Report First Half, 2026 Results on Aug 26, 2026Shenzhen Gas Corporation Ltd. announced that they will report first half, 2026 results on Aug 26, 2026Declared Dividend • Jun 12Dividend of CN¥0.16 announcedDividend of CN¥0.16 is the same as last year. Ex-date: 18th June 2026 Payment date: 18th June 2026 Dividend yield will be 2.6%, which is lower than the industry average of 3.3%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 3.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • May 23New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 56% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (56% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.공고 • Mar 31Shenzhen Gas Corporation Ltd., Annual General Meeting, Apr 28, 2026Shenzhen Gas Corporation Ltd., Annual General Meeting, Apr 28, 2026, at 14:30 China Standard Time. Location: 14F, No. 268, Mei'ao 1st Road, Futian District, Shenzhen, Guangdong China공고 • Mar 30Shenzhen Gas Corporation Ltd. to Report Q1, 2026 Results on Apr 29, 2026Shenzhen Gas Corporation Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026공고 • Dec 26Shenzhen Gas Corporation Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026Shenzhen Gas Corporation Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026공고 • Sep 30Shenzhen Gas Corporation Ltd. to Report Q3, 2025 Results on Oct 29, 2025Shenzhen Gas Corporation Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025공고 • Jun 30Shenzhen Gas Corporation Ltd. to Report First Half, 2025 Results on Aug 29, 2025Shenzhen Gas Corporation Ltd. announced that they will report first half, 2025 results on Aug 29, 2025공고 • Apr 25Shenzhen Gas Corporation Ltd., Annual General Meeting, May 23, 2025Shenzhen Gas Corporation Ltd., Annual General Meeting, May 23, 2025, at 14:30 China Standard Time. Location: 14F, No. 268, Meiao 1st Road, Futian District, Shenzhen, Guangdong China공고 • Mar 28Shenzhen Gas Corporation Ltd. to Report Q1, 2025 Results on Apr 30, 2025Shenzhen Gas Corporation Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025공고 • Dec 27Shenzhen Gas Corporation Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025Shenzhen Gas Corporation Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025New Risk • Nov 04New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 59% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (59% net debt to equity). Dividend is not well covered by cash flows (dividend per share is over 8x cash flows per share).Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.15 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.11 (down from CN¥0.15 in 3Q 2023). Revenue: CN¥6.96b (down 13% from 3Q 2023). Net income: CN¥317.5m (down 30% from 3Q 2023). Profit margin: 4.6% (down from 5.7% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Gas Utilities industry in China. 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 7% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥7.55, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Gas Utilities industry in China. Total loss to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.62 per share.공고 • Sep 30Shenzhen Gas Corporation Ltd. to Report Q3, 2024 Results on Oct 30, 2024Shenzhen Gas Corporation Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024Buy Or Sell Opportunity • Sep 26Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 1.9% to CN¥6.81. The fair value is estimated to be CN¥5.62, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 2.8%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 34% in the next 2 years.Buy Or Sell Opportunity • Jul 24Now 21% overvaluedOver the last 90 days, the stock has fallen 14% to CN¥6.61. The fair value is estimated to be CN¥5.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 2.7%. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 40% in the next 2 years.Reported Earnings • Jul 12Second quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.14 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.16 (up from CN¥0.14 in 2Q 2023). Revenue: CN¥6.92b (down 9.5% from 2Q 2023). Net income: CN¥427.4m (up 9.2% from 2Q 2023). Profit margin: 6.2% (up from 5.1% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat.공고 • Jun 28Shenzhen Gas Corporation Ltd. to Report First Half, 2024 Results on Aug 29, 2024Shenzhen Gas Corporation Ltd. announced that they will report first half, 2024 results on Aug 29, 2024Declared Dividend • Jun 14Dividend increased to CN¥0.16Dividend of CN¥0.16 is 23% higher than last year. Ex-date: 19th June 2024 Payment date: 19th June 2024 Dividend yield will be 2.3%, which is lower than the industry average of 3.3%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 60% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • May 16New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 14% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Apr 27First quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.09 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.10 (up from CN¥0.09 in 1Q 2023). Revenue: CN¥6.86b (down 9.4% from 1Q 2023). Net income: CN¥275.7m (up 6.7% from 1Q 2023). Profit margin: 4.0% (up from 3.4% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year.Reported Earnings • Apr 14First quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.09 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.10 (up from CN¥0.09 in 1Q 2023). Revenue: CN¥6.86b (down 9.4% from 1Q 2023). Net income: CN¥275.7m (up 6.7% from 1Q 2023). Profit margin: 4.0% (up from 3.4% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year.공고 • Mar 30Shenzhen Gas Corporation Ltd., Annual General Meeting, Apr 25, 2024Shenzhen Gas Corporation Ltd., Annual General Meeting, Apr 25, 2024, at 14:30 China Standard Time. Location: 14F, No. 268, Mei'ao 1st Road, Futian District, Shenzhen, Guangdong China공고 • Mar 29Shenzhen Gas Corporation Ltd. to Report Q1, 2024 Results on Apr 27, 2024Shenzhen Gas Corporation Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024Reported Earnings • Jan 12Full year 2023 earnings released: EPS: CN¥0.50 (vs CN¥0.42 in FY 2022)Full year 2023 results: EPS: CN¥0.50 (up from CN¥0.42 in FY 2022). Revenue: CN¥30.9b (up 2.9% from FY 2022). Net income: CN¥1.43b (up 17% from FY 2022). Profit margin: 4.6% (up from 4.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has remained flat.공고 • Dec 30Shenzhen Gas Corporation Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024Shenzhen Gas Corporation Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024New Risk • Nov 04New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Oct 28Third quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.11 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.15 (up from CN¥0.11 in 3Q 2022). Revenue: CN¥7.97b (up 2.9% from 3Q 2022). Net income: CN¥455.9m (up 41% from 3Q 2022). Profit margin: 5.7% (up from 4.2% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.공고 • Sep 30Shenzhen Gas Corporation Ltd. to Report Q3, 2023 Results on Oct 27, 2023Shenzhen Gas Corporation Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023Reported Earnings • Aug 29Second quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.11 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.14 (up from CN¥0.11 in 2Q 2022). Revenue: CN¥7.65b (down 4.6% from 2Q 2022). Net income: CN¥391.3m (up 25% from 2Q 2022). Profit margin: 5.1% (up from 3.9% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year and the company’s share price has also fallen by 3% per year.공고 • Jun 28Shenzhen Gas Corporation Ltd. to Report First Half, 2023 Results on Aug 29, 2023Shenzhen Gas Corporation Ltd. announced that they will report first half, 2023 results on Aug 29, 2023Reported Earnings • Apr 13First quarter 2023 earnings released: EPS: CN¥0.09 (vs CN¥0.08 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.09 (up from CN¥0.08 in 1Q 2022). Revenue: CN¥7.58b (up 12% from 1Q 2022). Net income: CN¥258.3m (up 14% from 1Q 2022). Profit margin: 3.4% (up from 3.3% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Gas Utilities industry in Asia. Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year.Reported Earnings • Jan 11Full year 2022 earnings released: EPS: CN¥0.41 (vs CN¥0.47 in FY 2021)Full year 2022 results: EPS: CN¥0.41 (down from CN¥0.47 in FY 2021). Revenue: CN¥30.1b (up 40% from FY 2021). Net income: CN¥1.18b (down 13% from FY 2021). Profit margin: 3.9% (down from 6.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Gas Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 2% per year.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 9 highly experienced directors. 5 independent directors (7 non-independent directors). Independent Director Li Huang was the last independent director to join the board, commencing their role in 2017. 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 14Third quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.12 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.11 (down from CN¥0.12 in 3Q 2021). Revenue: CN¥7.75b (up 57% from 3Q 2021). Net income: CN¥323.3m (down 8.1% from 3Q 2021). Profit margin: 4.2% (down from 7.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Gas Utilities industry in Asia. 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.Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥8.35, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Gas Utilities industry in Asia. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.37 per share.Reported Earnings • Jul 15Second quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.20 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.11 (down from CN¥0.20 in 2Q 2021). Revenue: CN¥8.01b (up 52% from 2Q 2021). Net income: CN¥312.2m (down 45% from 2Q 2021). Profit margin: 3.9% (down from 11% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 15%, compared to a 16% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year.Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: CN¥0.08 (vs CN¥0.10 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.08 (down from CN¥0.10 in 1Q 2021). Revenue: CN¥6.79b (up 56% from 1Q 2021). Net income: CN¥226.6m (down 21% from 1Q 2021). Profit margin: 3.3% (down from 6.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 13%, compared to a 14% growth forecast for the industry in China. 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 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.15 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥4.94b (up 33% from 3Q 2020). Net income: CN¥351.8m (down 19% from 3Q 2020). Profit margin: 7.1% (down from 12% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 16% per year.Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.15 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥5.28b (up 49% from 2Q 2020). Net income: CN¥565.1m (up 28% from 2Q 2020). Profit margin: 11% (down from 13% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 23Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥9.46, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Gas Utilities industry in Asia. Total returns to shareholders of 67% over the past three years.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 27% share price gain to CN¥8.72, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Gas Utilities industry in Asia. Total returns to shareholders of 51% over the past three years.Reported Earnings • Jul 11Second quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.15 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥5.28b (up 49% from 2Q 2020). Net income: CN¥565.1m (up 28% from 2Q 2020). Profit margin: 11% (down from 13% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 29First quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.08 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥4.35b (up 54% from 1Q 2020). Net income: CN¥287.0m (up 32% from 1Q 2020). Profit margin: 6.6% (down from 7.7% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Jan 22New 90-day low: CN¥6.65The company is down 11% from its price of CN¥7.45 on 23 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Gas Utilities industry, which is also down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥38.67 per share.Is New 90 Day High Low • Jan 07New 90-day low: CN¥7.07The company is down 1.0% from its price of CN¥7.11 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥38.67 per share.Analyst Estimate Surprise Post Earnings • Oct 29Third-quarter earnings released: Revenue misses expectationsThird-quarter revenue missed analyst estimates by 8.3% at CN¥3.70b. Revenue is forecast to grow 22% over the next year, compared to a 7.6% growth forecast for the Gas Utilities industry in China.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥1.23b, up 12% from the prior year. Total revenue was CN¥14.1b over the last 12 months, up 5.7% from the prior year.Is New 90 Day High Low • Oct 04New 90-day low: CN¥6.86The company is down 3.0% from its price of CN¥7.10 on 06 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Gas Utilities industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥23.52 per share.이익 및 매출 성장 예측XSSC:601139 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202833,3811,996N/A3,922312/31/202732,6781,932N/A3,733412/31/202631,8911,866N/A3,70433/31/202629,0991,4422,1784,367N/A12/31/202529,8011,4081,2173,610N/A9/30/202530,1371,3192172,710N/A6/30/202530,0001,3572803,005N/A3/31/202528,9991,414-1952,825N/A12/31/202428,3481,4573273,697N/A9/30/202428,4751,390543,473N/A6/30/202429,4861,529-8962,842N/A3/31/202430,2131,457-1,4222,456N/A12/31/202330,9291,440-1,4052,543N/A9/30/202330,7111,466-1,0303,305N/A6/30/202330,4861,333-2423,700N/A3/31/202330,8541,254-6472,674N/A12/31/202230,0621,222-1,0241,637N/A9/30/202229,3861,012-2,390256N/A6/30/202226,5781,041-2,785-393N/A3/31/202223,8481,294-1,896481N/A12/31/202121,4151,354-9161,337N/A9/30/202119,5141,433-201,338N/A6/30/202118,2781,5151,7272,901N/A3/31/202116,5331,3912,0683,152N/A12/31/202015,0151,3212,0493,028N/A9/30/202014,0981,2302,3943,357N/A6/30/202013,8151,1201,6042,629N/A3/31/202013,7501,0351,4382,424N/A12/31/201914,0251,056N/A2,445N/A9/30/201913,3301,103N/A2,171N/A6/30/201913,154984N/A1,635N/A3/31/201912,7711,019N/A1,596N/A12/31/201812,7411,028N/A1,855N/A9/30/201812,708934N/A1,828N/A6/30/201812,098950N/A1,536N/A3/31/201811,684908N/A1,579N/A12/31/201711,059884N/A1,394N/A9/30/201710,239816N/A1,380N/A6/30/20179,456804N/A1,665N/A3/31/20178,959784N/A1,398N/A12/31/20168,509772N/A1,541N/A9/30/20168,229895N/A2,074N/A6/30/20168,288814N/A2,036N/A3/31/20168,095748N/A1,861N/A12/31/20157,967660N/A1,563N/A9/30/20158,197652N/A1,033N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 601139 의 연간 예상 수익 증가율(10.6%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 601139 의 연간 수익(10.6%)이 CN 시장(26.3%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 601139 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 601139 의 수익(연간 4.7%)이 CN 시장(연간 16.9%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 601139 의 수익(연간 4.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 601139의 자본 수익률은 3년 후 10%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YUtilities 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/23 15:22종가2026/08/21 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Shenzhen Gas Corporation Ltd.는 9명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Bei Na YanChina International Capital Corporation LimitedXiang LiCitic Securities Co., Ltd.Yueyi MaCitigroup Inc6명의 분석가 더 보기
공고 • Jun 30Shenzhen Gas Corporation Ltd. to Report First Half, 2026 Results on Aug 26, 2026Shenzhen Gas Corporation Ltd. announced that they will report first half, 2026 results on Aug 26, 2026
Declared Dividend • Jun 12Dividend of CN¥0.16 announcedDividend of CN¥0.16 is the same as last year. Ex-date: 18th June 2026 Payment date: 18th June 2026 Dividend yield will be 2.6%, which is lower than the industry average of 3.3%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 3.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • May 23New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 56% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (56% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
공고 • Mar 31Shenzhen Gas Corporation Ltd., Annual General Meeting, Apr 28, 2026Shenzhen Gas Corporation Ltd., Annual General Meeting, Apr 28, 2026, at 14:30 China Standard Time. Location: 14F, No. 268, Mei'ao 1st Road, Futian District, Shenzhen, Guangdong China
공고 • Mar 30Shenzhen Gas Corporation Ltd. to Report Q1, 2026 Results on Apr 29, 2026Shenzhen Gas Corporation Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
공고 • Dec 26Shenzhen Gas Corporation Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026Shenzhen Gas Corporation Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026
공고 • Sep 30Shenzhen Gas Corporation Ltd. to Report Q3, 2025 Results on Oct 29, 2025Shenzhen Gas Corporation Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
공고 • Jun 30Shenzhen Gas Corporation Ltd. to Report First Half, 2025 Results on Aug 29, 2025Shenzhen Gas Corporation Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
공고 • Apr 25Shenzhen Gas Corporation Ltd., Annual General Meeting, May 23, 2025Shenzhen Gas Corporation Ltd., Annual General Meeting, May 23, 2025, at 14:30 China Standard Time. Location: 14F, No. 268, Meiao 1st Road, Futian District, Shenzhen, Guangdong China
공고 • Mar 28Shenzhen Gas Corporation Ltd. to Report Q1, 2025 Results on Apr 30, 2025Shenzhen Gas Corporation Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
공고 • Dec 27Shenzhen Gas Corporation Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025Shenzhen Gas Corporation Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025
New Risk • Nov 04New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 59% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (59% net debt to equity). Dividend is not well covered by cash flows (dividend per share is over 8x cash flows per share).
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.15 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.11 (down from CN¥0.15 in 3Q 2023). Revenue: CN¥6.96b (down 13% from 3Q 2023). Net income: CN¥317.5m (down 30% from 3Q 2023). Profit margin: 4.6% (down from 5.7% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Gas Utilities industry in China. 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 7% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥7.55, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Gas Utilities industry in China. Total loss to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.62 per share.
공고 • Sep 30Shenzhen Gas Corporation Ltd. to Report Q3, 2024 Results on Oct 30, 2024Shenzhen Gas Corporation Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
Buy Or Sell Opportunity • Sep 26Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 1.9% to CN¥6.81. The fair value is estimated to be CN¥5.62, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 2.8%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 34% in the next 2 years.
Buy Or Sell Opportunity • Jul 24Now 21% overvaluedOver the last 90 days, the stock has fallen 14% to CN¥6.61. The fair value is estimated to be CN¥5.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 2.7%. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 40% in the next 2 years.
Reported Earnings • Jul 12Second quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.14 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.16 (up from CN¥0.14 in 2Q 2023). Revenue: CN¥6.92b (down 9.5% from 2Q 2023). Net income: CN¥427.4m (up 9.2% from 2Q 2023). Profit margin: 6.2% (up from 5.1% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat.
공고 • Jun 28Shenzhen Gas Corporation Ltd. to Report First Half, 2024 Results on Aug 29, 2024Shenzhen Gas Corporation Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
Declared Dividend • Jun 14Dividend increased to CN¥0.16Dividend of CN¥0.16 is 23% higher than last year. Ex-date: 19th June 2024 Payment date: 19th June 2024 Dividend yield will be 2.3%, which is lower than the industry average of 3.3%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 60% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • May 16New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 14% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Apr 27First quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.09 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.10 (up from CN¥0.09 in 1Q 2023). Revenue: CN¥6.86b (down 9.4% from 1Q 2023). Net income: CN¥275.7m (up 6.7% from 1Q 2023). Profit margin: 4.0% (up from 3.4% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year.
Reported Earnings • Apr 14First quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.09 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.10 (up from CN¥0.09 in 1Q 2023). Revenue: CN¥6.86b (down 9.4% from 1Q 2023). Net income: CN¥275.7m (up 6.7% from 1Q 2023). Profit margin: 4.0% (up from 3.4% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year.
공고 • Mar 30Shenzhen Gas Corporation Ltd., Annual General Meeting, Apr 25, 2024Shenzhen Gas Corporation Ltd., Annual General Meeting, Apr 25, 2024, at 14:30 China Standard Time. Location: 14F, No. 268, Mei'ao 1st Road, Futian District, Shenzhen, Guangdong China
공고 • Mar 29Shenzhen Gas Corporation Ltd. to Report Q1, 2024 Results on Apr 27, 2024Shenzhen Gas Corporation Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024
Reported Earnings • Jan 12Full year 2023 earnings released: EPS: CN¥0.50 (vs CN¥0.42 in FY 2022)Full year 2023 results: EPS: CN¥0.50 (up from CN¥0.42 in FY 2022). Revenue: CN¥30.9b (up 2.9% from FY 2022). Net income: CN¥1.43b (up 17% from FY 2022). Profit margin: 4.6% (up from 4.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has remained flat.
공고 • Dec 30Shenzhen Gas Corporation Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024Shenzhen Gas Corporation Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024
New Risk • Nov 04New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Oct 28Third quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.11 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.15 (up from CN¥0.11 in 3Q 2022). Revenue: CN¥7.97b (up 2.9% from 3Q 2022). Net income: CN¥455.9m (up 41% from 3Q 2022). Profit margin: 5.7% (up from 4.2% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.
공고 • Sep 30Shenzhen Gas Corporation Ltd. to Report Q3, 2023 Results on Oct 27, 2023Shenzhen Gas Corporation Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023
Reported Earnings • Aug 29Second quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.11 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.14 (up from CN¥0.11 in 2Q 2022). Revenue: CN¥7.65b (down 4.6% from 2Q 2022). Net income: CN¥391.3m (up 25% from 2Q 2022). Profit margin: 5.1% (up from 3.9% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year and the company’s share price has also fallen by 3% per year.
공고 • Jun 28Shenzhen Gas Corporation Ltd. to Report First Half, 2023 Results on Aug 29, 2023Shenzhen Gas Corporation Ltd. announced that they will report first half, 2023 results on Aug 29, 2023
Reported Earnings • Apr 13First quarter 2023 earnings released: EPS: CN¥0.09 (vs CN¥0.08 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.09 (up from CN¥0.08 in 1Q 2022). Revenue: CN¥7.58b (up 12% from 1Q 2022). Net income: CN¥258.3m (up 14% from 1Q 2022). Profit margin: 3.4% (up from 3.3% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Gas Utilities industry in Asia. Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year.
Reported Earnings • Jan 11Full year 2022 earnings released: EPS: CN¥0.41 (vs CN¥0.47 in FY 2021)Full year 2022 results: EPS: CN¥0.41 (down from CN¥0.47 in FY 2021). Revenue: CN¥30.1b (up 40% from FY 2021). Net income: CN¥1.18b (down 13% from FY 2021). Profit margin: 3.9% (down from 6.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Gas Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 2% per year.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 9 highly experienced directors. 5 independent directors (7 non-independent directors). Independent Director Li Huang was the last independent director to join the board, commencing their role in 2017. 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 14Third quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.12 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.11 (down from CN¥0.12 in 3Q 2021). Revenue: CN¥7.75b (up 57% from 3Q 2021). Net income: CN¥323.3m (down 8.1% from 3Q 2021). Profit margin: 4.2% (down from 7.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Gas Utilities industry in Asia. 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.
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥8.35, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Gas Utilities industry in Asia. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.37 per share.
Reported Earnings • Jul 15Second quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.20 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.11 (down from CN¥0.20 in 2Q 2021). Revenue: CN¥8.01b (up 52% from 2Q 2021). Net income: CN¥312.2m (down 45% from 2Q 2021). Profit margin: 3.9% (down from 11% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 15%, compared to a 16% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year.
Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: CN¥0.08 (vs CN¥0.10 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.08 (down from CN¥0.10 in 1Q 2021). Revenue: CN¥6.79b (up 56% from 1Q 2021). Net income: CN¥226.6m (down 21% from 1Q 2021). Profit margin: 3.3% (down from 6.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 13%, compared to a 14% growth forecast for the industry in China. 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 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.15 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥4.94b (up 33% from 3Q 2020). Net income: CN¥351.8m (down 19% from 3Q 2020). Profit margin: 7.1% (down from 12% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 16% per year.
Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.15 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥5.28b (up 49% from 2Q 2020). Net income: CN¥565.1m (up 28% from 2Q 2020). Profit margin: 11% (down from 13% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 23Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥9.46, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Gas Utilities industry in Asia. Total returns to shareholders of 67% over the past three years.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 27% share price gain to CN¥8.72, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Gas Utilities industry in Asia. Total returns to shareholders of 51% over the past three years.
Reported Earnings • Jul 11Second quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.15 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥5.28b (up 49% from 2Q 2020). Net income: CN¥565.1m (up 28% from 2Q 2020). Profit margin: 11% (down from 13% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 29First quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.08 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥4.35b (up 54% from 1Q 2020). Net income: CN¥287.0m (up 32% from 1Q 2020). Profit margin: 6.6% (down from 7.7% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Jan 22New 90-day low: CN¥6.65The company is down 11% from its price of CN¥7.45 on 23 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Gas Utilities industry, which is also down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥38.67 per share.
Is New 90 Day High Low • Jan 07New 90-day low: CN¥7.07The company is down 1.0% from its price of CN¥7.11 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥38.67 per share.
Analyst Estimate Surprise Post Earnings • Oct 29Third-quarter earnings released: Revenue misses expectationsThird-quarter revenue missed analyst estimates by 8.3% at CN¥3.70b. Revenue is forecast to grow 22% over the next year, compared to a 7.6% growth forecast for the Gas Utilities industry in China.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥1.23b, up 12% from the prior year. Total revenue was CN¥14.1b over the last 12 months, up 5.7% from the prior year.
Is New 90 Day High Low • Oct 04New 90-day low: CN¥6.86The company is down 3.0% from its price of CN¥7.10 on 06 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Gas Utilities industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥23.52 per share.