Zhongyu Gas Holdings Limited, an investment holding company, engages in the development, construction, and operation of natural gas projects in the People’s Republic of China. More Details
Solid track record with mediocre balance sheet.
Share Price & News
How has Zhongyu Gas Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3633 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 3633's weekly volatility (2%) has been stable over the past year.
7 Day Return
HK Gas Utilities
1 Year Return
HK Gas Utilities
Return vs Industry: 3633 underperformed the Hong Kong Gas Utilities industry which returned 23.4% over the past year.
Return vs Market: 3633 underperformed the Hong Kong Market which returned 14.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Zhongyu Gas Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDid The Underlying Business Drive Zhongyu Gas Holdings' (HKG:3633) Lovely 301% Share Price Gain?
1 month ago | Simply Wall StWhat You Need To Know About Zhongyu Gas Holdings Limited's (HKG:3633) Investor Composition
1 month ago | Simply Wall StZhongyu Gas Holdings' (HKG:3633) Dividend Will Be Increased To HK$0.07
Is Zhongyu Gas Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 3633 (HK$6.8) is trading above our estimate of fair value (HK$2.12)
Significantly Below Fair Value: 3633 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 3633 is poor value based on its PE Ratio (17x) compared to the Hong Kong Gas Utilities industry average (13.6x).
PE vs Market: 3633 is poor value based on its PE Ratio (17x) compared to the Hong Kong market (11x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 3633's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 3633 is overvalued based on its PB Ratio (3x) compared to the HK Gas Utilities industry average (1.2x).
How is Zhongyu Gas Holdings 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 Zhongyu Gas Holdings 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 Zhongyu Gas Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3633 has high quality earnings.
Growing Profit Margin: 3633's current net profit margins (12.4%) are higher than last year (5.3%).
Past Earnings Growth Analysis
Earnings Trend: 3633's earnings have grown significantly by 29.4% per year over the past 5 years.
Accelerating Growth: 3633's earnings growth over the past year (145.6%) exceeds its 5-year average (29.4% per year).
Earnings vs Industry: 3633 earnings growth over the past year (145.6%) exceeded the Gas Utilities industry 10.7%.
Return on Equity
High ROE: 3633's Return on Equity (16.5%) is considered low.
How is Zhongyu Gas Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 3633's short term assets (HK$6.5B) do not cover its short term liabilities (HK$11.5B).
Long Term Liabilities: 3633's short term assets (HK$6.5B) exceed its long term liabilities (HK$5.4B).
Debt to Equity History and Analysis
Debt Level: 3633's debt to equity ratio (172.2%) is considered high.
Reducing Debt: 3633's debt to equity ratio has reduced from 185.9% to 172.2% over the past 5 years.
Debt Coverage: 3633's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: 3633's interest payments on its debt are well covered by EBIT (5.7x coverage).
What is Zhongyu Gas Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3633's dividend (1.32%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (1.97%).
High Dividend: 3633's dividend (1.32%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.29%).
Stability and Growth of Payments
Stable Dividend: 3633 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3633's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22.5%), 3633's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Siu Keung Lui (49 yo)
Mr. Siu Keung Lui, AHKSA, has been the Chief Executive Officer of Zhongyu Gas Holdings Limited since October 1, 2016 and serves as its Company Secretary. Mr. Lui has been an Independent Non-Executive Direc...
CEO Compensation Analysis
Compensation vs Market: Siu Keung's total compensation ($USD723.03K) is about average for companies of similar size in the Hong Kong market ($USD645.99K).
Compensation vs Earnings: Siu Keung's compensation has been consistent with company performance over the past year.
Experienced Management: 3633's management team is considered experienced (3.6 years average tenure).
Experienced Board: 3633's board of directors are seasoned and experienced ( 12.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 3633 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.
Zhongyu Gas Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Zhongyu Gas Holdings Limited
- Ticker: 3633
- Exchange: SEHK
- Founded: 2001
- Industry: Gas Utilities
- Sector: Utilities
- Market Cap: HK$17.987b
- Shares outstanding: 2.65b
- Website: https://www.zhongyugas.com
Number of Employees
- Zhongyu Gas Holdings Limited
- China Merchants Tower
- Units 04-06, 28th Floor
- Hong Kong
Zhongyu Gas Holdings Limited, an investment holding company, engages in the development, construction, and operation of natural gas projects in the People’s Republic of China. The company is involved in th...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/23 15:52|
|End of Day Share Price||2021/07/23 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.