Tianjin Jinran Public Utilities Company Limited engages in the operation and management of gas pipeline infrastructure, and the sale and distribution of piped gas to industrial, enterprise, and residential users in Mainland China.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.44|
|52 Week High||HK$0.40|
|52 Week Low||HK$0.67|
|1 Month Change||1.15%|
|3 Month Change||0%|
|1 Year Change||-13.73%|
|3 Year Change||-42.11%|
|5 Year Change||-37.14%|
|Change since IPO||-71.61%|
Recent News & Updates
|1265||HK Gas Utilities||HK Market|
Return vs Industry: 1265 underperformed the Hong Kong Gas Utilities industry which returned 10.2% over the past year.
Return vs Market: 1265 underperformed the Hong Kong Market which returned 6.7% over the past year.
Stable Share Price: 1265 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 1265's weekly volatility (6%) has been stable over the past year.
About the Company
Tianjin Jinran Public Utilities Company Limited engages in the operation and management of gas pipeline infrastructure, and the sale and distribution of piped gas to industrial, enterprise, and residential users in Mainland China. It operates through five segments: Sales of Piped Gas; Gas Connection; Gas Transportation; Sales of Gas Appliances and Others; and Gas Pipelines Rent. The company also provides piped gas connection services in Tianjin City and Jining, Inner Mongolia; leases pipelines, gas station facilities, and self-owned buildings; transports gas; and sells and installs gas appliances.
Tianjin Jinran Public Utilities Fundamentals Summary
|1265 fundamental statistics|
Is 1265 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|1265 income statement (TTM)|
|Cost of Revenue||CN¥1.48b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.012|
|Net Profit Margin||-1.52%|
How did 1265 perform over the long term?See historical performance and comparison
13.8%Current Dividend Yield
Is Tianjin Jinran Public Utilities undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 1265 (HK$0.44) is trading below our estimate of fair value (HK$1.83)
Significantly Below Fair Value: 1265 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1265 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Gas Utilities industry average.
PE vs Market: 1265 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1265's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1265 is good value based on its PB Ratio (0.4x) compared to the HK Gas Utilities industry average (1.2x).
How is Tianjin Jinran Public Utilities forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Utilities industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tianjin Jinran Public Utilities has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Tianjin Jinran Public Utilities performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1265 is currently unprofitable.
Growing Profit Margin: 1265 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 1265 is unprofitable, and losses have increased over the past 5 years at a rate of 48.8% per year.
Accelerating Growth: Unable to compare 1265's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 1265 is unprofitable, making it difficult to compare its past year earnings growth to the Gas Utilities industry (43.6%).
Return on Equity
High ROE: 1265 has a negative Return on Equity (-1.35%), as it is currently unprofitable.
How is Tianjin Jinran Public Utilities's financial position?
Financial Position Analysis
Short Term Liabilities: 1265's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥524.9M).
Long Term Liabilities: 1265's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥101.4M).
Debt to Equity History and Analysis
Debt Level: 1265 is debt free.
Reducing Debt: 1265 has not had any debt for past 5 years.
Debt Coverage: 1265 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1265 has no debt, therefore coverage of interest payments is not a concern.
What is Tianjin Jinran Public Utilities's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1265's dividend (13.83%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.24%).
High Dividend: 1265's dividend (13.83%) is in the top 25% of dividend payers in the Hong Kong market (6.8%)
Stability and Growth of Payments
Stable Dividend: 1265 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1265's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: 1265 is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Liangchuan Sun (46 yo)
Mr. Liangchuan Sun serves as General Manager at Tianjin Jinran Public Utilities Company Limited since May 22, 2020. He has been Executive Director of Tianjin Jinran Public Utilities Company Limited since J...
CEO Compensation Analysis
Compensation vs Market: Liangchuan's total compensation ($USD24.95K) is below average for companies of similar size in the Hong Kong market ($USD227.69K).
Compensation vs Earnings: Insufficient data to compare Liangchuan's compensation with company performance.
Experienced Management: 1265's management team is considered experienced (2 years average tenure).
Experienced Board: 1265's board of directors are considered experienced (5.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tianjin Jinran Public Utilities Company Limited's employee growth, exchange listings and data sources
- Name: Tianjin Jinran Public Utilities Company Limited
- Ticker: 1265
- Exchange: SEHK
- Founded: NaN
- Industry: Gas Utilities
- Sector: Utilities
- Market Cap: HK$809.295m
- Shares outstanding: 1.84b
- Website: https://www.jinrangongyong.com
Number of Employees
- Tianjin Jinran Public Utilities Company Limited
- Gangao Tower
- Floor 9
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:23|
|End of Day Share Price||2021/10/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.