1600 Stock Overview
Tian Lun Gas Holdings Limited, together with its subsidiaries, engages in the transportation, distribution, and sale of natural gas and compressed natural gas through its gas pipeline connections in the People’ Republic of China.
Tian Lun Gas Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$4.58|
|52 Week High||HK$9.77|
|52 Week Low||HK$4.14|
|1 Month Change||-6.72%|
|3 Month Change||-20.62%|
|1 Year Change||-42.61%|
|3 Year Change||-48.94%|
|5 Year Change||9.05%|
|Change since IPO||114.02%|
Recent News & Updates
When Should You Buy Tian Lun Gas Holdings Limited (HKG:1600)?
While Tian Lun Gas Holdings Limited ( HKG:1600 ) might not be the most widely known stock at the moment, it saw...
|1600||HK Gas Utilities||HK Market|
Return vs Industry: 1600 underperformed the Hong Kong Gas Utilities industry which returned -27.2% over the past year.
Return vs Market: 1600 underperformed the Hong Kong Market which returned -23.3% over the past year.
|1600 Average Weekly Movement||5.2%|
|Gas Utilities Industry Average Movement||4.8%|
|Market Average Movement||7.0%|
|10% most volatile stocks in HK Market||13.8%|
|10% least volatile stocks in HK Market||3.3%|
Stable Share Price: 1600 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 1600's weekly volatility (5%) has been stable over the past year.
About the Company
Tian Lun Gas Holdings Limited, together with its subsidiaries, engages in the transportation, distribution, and sale of natural gas and compressed natural gas through its gas pipeline connections in the People’ Republic of China. The company provides construction, designing, laying, installation, and maintenance services for gas pipeline connections. It also constructs and operates gas filling stations; produces and sells liquefied natural gas in bulk and in cylinders; trades in natural gas equipment; provides engineering design and consulting, new energy technology development, and gas vehicle refueling services; generates, supplies, and sells electricity; invests in equity and assets; and sells urban gas and gas appliances.
Tian Lun Gas Holdings Fundamentals Summary
|1600 fundamental statistics|
Is 1600 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|1600 income statement (TTM)|
|Cost of Revenue||CN¥5.87b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.99|
|Net Profit Margin||13.08%|
How did 1600 perform over the long term?See historical performance and comparison
7.2%Current Dividend Yield
Is 1600 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 1600?
Other financial metrics that can be useful for relative valuation.
|What is 1600's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 1600's PE Ratio compare to its peers?
|1600 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: 1600 is good value based on its Price-To-Earnings Ratio (3.9x) compared to the peer average (6.7x).
Price to Earnings Ratio vs Industry
How does 1600's PE Ratio compare vs other companies in the Gas Utilities Industry?
Price-To-Earnings vs Industry: 1600 is good value based on its Price-To-Earnings Ratio (3.9x) compared to the Hong Kong Gas Utilities industry average (9.2x)
Price to Earnings Ratio vs Fair Ratio
What is 1600's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||3.9x|
|Fair PE Ratio||11x|
Price-To-Earnings vs Fair Ratio: 1600 is good value based on its Price-To-Earnings Ratio (3.9x) compared to the estimated Fair Price-To-Earnings Ratio (11x).
Share Price vs Fair Value
What is the Fair Price of 1600 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 1600 (HK$4.58) is trading below our estimate of fair value (HK$43.14)
Significantly Below Fair Value: 1600 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: 1600 is good value based on its PEG Ratio (0.4x)
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How is Tian Lun Gas Holdings forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1600's forecast earnings growth (10.2% per year) is above the savings rate (1.5%).
Earnings vs Market: 1600's earnings (10.2% per year) are forecast to grow slower than the Hong Kong market (17% per year).
High Growth Earnings: 1600's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1600's revenue (13.5% per year) is forecast to grow faster than the Hong Kong market (10.2% per year).
High Growth Revenue: 1600's revenue (13.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1600's Return on Equity is forecast to be low in 3 years time (17.7%).
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How has Tian Lun Gas Holdings performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1600 has high quality earnings.
Growing Profit Margin: 1600's current net profit margins (13.1%) are lower than last year (16.2%).
Past Earnings Growth Analysis
Earnings Trend: 1600's earnings have grown significantly by 25.9% per year over the past 5 years.
Accelerating Growth: 1600's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1600 had negative earnings growth (-4.1%) over the past year, making it difficult to compare to the Gas Utilities industry average (18.1%).
Return on Equity
High ROE: 1600's Return on Equity (18.6%) is considered low.
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How is Tian Lun Gas Holdings's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 1600's short term assets (CN¥5.2B) exceed its short term liabilities (CN¥4.6B).
Long Term Liabilities: 1600's short term assets (CN¥5.2B) exceed its long term liabilities (CN¥5.0B).
Debt to Equity History and Analysis
Debt Level: 1600's net debt to equity ratio (95%) is considered high.
Reducing Debt: 1600's debt to equity ratio has reduced from 130.8% to 114.1% over the past 5 years.
Debt Coverage: 1600's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: 1600's interest payments on its debt are well covered by EBIT (6.8x coverage).
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What is Tian Lun Gas Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1600's dividend (7.17%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.74%).
High Dividend: 1600's dividend (7.17%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.89%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 1600 has been paying a dividend for less than 10 years.
Growing Dividend: 1600's dividend payments have increased, but the company has only paid a dividend for 6 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28%), 1600's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1600 is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Zhenyuan Xian (46 yo)
Mr. Zhenyuan Xian has been Chief Executive of China Tian Lun Gas Holdings Limited since January 8, 2015. Mr. Xian served as the General Manager of China Tian Lun Gas Holdings Limited since 2010 and served...
CEO Compensation Analysis
Compensation vs Market: Zhenyuan's total compensation ($USD97.77K) is below average for companies of similar size in the Hong Kong market ($USD385.50K).
Compensation vs Earnings: Zhenyuan's compensation has been consistent with company performance over the past year.
Experienced Management: 1600's management team is considered experienced (3 years average tenure).
Experienced Board: 1600's board of directors are considered experienced (7.1 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tian Lun Gas Holdings Limited's employee growth, exchange listings and data sources
- Name: Tian Lun Gas Holdings Limited
- Ticker: 1600
- Exchange: SEHK
- Founded: 2002
- Industry: Gas Utilities
- Sector: Utilities
- Implied Market Cap: HK$4.626b
- Shares outstanding: 1.01b
- Website: https://www.tianlungas.com
Number of Employees
- Tian Lun Gas Holdings Limited
- Tian Lun Group Building
- 4th Floor
- Henan Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/25 00:00|
|End of Day Share Price||2022/06/24 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.