Executive Summary
Beijing Gas Blue Sky Holdings Limited, an investment holding company, engages in the sale and distribution of natural gas and other related products in the People’s Republic of China.
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with solid track record.
Share Price & News
How has Beijing Gas Blue Sky Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6828 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0%
6828
2.5%
HK Gas Utilities
3.7%
HK Market
1 Year Return
-18.5%
6828
4.3%
HK Gas Utilities
2.4%
HK Market
Return vs Industry: 6828 underperformed the Hong Kong Gas Utilities industry which returned 4.3% over the past year.
Return vs Market: 6828 underperformed the Hong Kong Market which returned 2.4% over the past year.
Shareholder returns
| 6828 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 2.5% | 3.7% |
| 30 Day | -2.6% | -1.3% | 4.2% |
| 90 Day | -0.5% | 0.06% | 1.7% |
| 1 Year | -18.5%-18.5% | 6.5%4.3% | 6.0%2.4% |
| 3 Year | -68.9%-68.9% | 78.7%68.4% | 25.6%12.9% |
| 5 Year | -49.3%-49.3% | 58.7%44.1% | 23.2%2.5% |
Price Volatility Vs. Market
How volatile is Beijing Gas Blue Sky Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Beijing Gas Blue Sky Holdings (HKG:6828) Is Growing Earnings But Are They A Good Guide?3 weeks ago | Simply Wall St
Can We See Significant Insider Ownership On The Beijing Gas Blue Sky Holdings Limited (HKG:6828) Share Register?1 month ago | Simply Wall St
Did You Manage To Avoid Beijing Gas Blue Sky Holdings's (HKG:6828) Painful 69% Share Price Drop?Valuation
Is Beijing Gas Blue Sky Holdings undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 6828 (HK$0.19) is trading below our estimate of fair value (HK$1.27)
Significantly Below Fair Value: 6828 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6828 is good value based on its PE Ratio (7.7x) compared to the Gas Utilities industry average (17.4x).
PE vs Market: 6828 is good value based on its PE Ratio (7.7x) compared to the Hong Kong market (10.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6828's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6828 is good value based on its PB Ratio (0.5x) compared to the HK Gas Utilities industry average (1.2x).
Next Steps
Future Growth
How is Beijing Gas Blue Sky Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
7.8%
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 Beijing Gas Blue Sky 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.
Next Steps
- Examine whether Beijing Gas Blue Sky Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Beijing Gas Blue Sky Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Utilities industry.
Past Performance
How has Beijing Gas Blue Sky Holdings performed over the past 5 years?
61.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6828 has high quality earnings.
Growing Profit Margin: 6828's current net profit margins (9.9%) are higher than last year (2.4%).
Past Earnings Growth Analysis
Earnings Trend: 6828 has become profitable over the past 5 years, growing earnings by 61.9% per year.
Accelerating Growth: 6828's earnings growth over the past year (704.3%) exceeds its 5-year average (61.9% per year).
Earnings vs Industry: 6828 earnings growth over the past year (704.3%) exceeded the Gas Utilities industry -4.6%.
Return on Equity
High ROE: 6828's Return on Equity (6.4%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Beijing Gas Blue Sky Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 6828's short term assets (HK$2.1B) exceed its short term liabilities (HK$2.1B).
Long Term Liabilities: 6828's short term assets (HK$2.1B) exceed its long term liabilities (HK$1.6B).
Debt to Equity History and Analysis
Debt Level: 6828's debt to equity ratio (49.4%) is considered high.
Reducing Debt: 6828's debt to equity ratio has increased from 7% to 49.4% over the past 5 years.
Debt Coverage: 6828's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: 6828's interest payments on its debt are not well covered by EBIT (0.1x coverage).
Balance Sheet
Inventory Level: 6828 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 6828's debt is not covered by short term assets (assets are 0.8x debt).
Next Steps
Dividend
What is Beijing Gas Blue Sky Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 6828's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 6828's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 6828's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 6828's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 6828 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 6828's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
Next Steps
Management
What is the CEO of Beijing Gas Blue Sky Holdings's salary, the management and board of directors tenure and is there insider trading?
4.3yrs
Average board tenure
CEO
Tommy Cheng (45yo)
1.9yrs
Tenure
HK$4,000,000
Compensation
Mr. Ming Kit Cheng, also known as Tommy, served as the Chief Executive Officer of New Times Energy Corporation Limited from March 6, 2012 to August 19, 2015. Mr. Cheng has been Chief Executive Officer at B ...
CEO Compensation Analysis
Compensation vs Market: Tommy's total compensation ($USD513.19K) is above average for companies of similar size in the Hong Kong market ($USD334.91K).
Compensation vs Earnings: Tommy's compensation has been consistent with company performance over the past year.
Board Age and Tenure
4.3yrs
Average Tenure
52.5yo
Average Age
Experienced Board: 6828's board of directors are considered experienced (4.3 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Executive Officer Co-Chairman of the Board & CEO |
| Shares | 432,000 |
| Max Price | HK$0.21 |
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.7%.
Management Team
Edward Siew (46yo)
Financial Controller & Company Secretary
- Tenure: 4.3yrs
Tommy Cheng (45yo)
Co-Chairman of the Board & CEO
- Tenure: 1.9yrs
- Compensation: HK$4.00m
Tao Hung (54yo)
Project Director & Executive Director
- Tenure: 6.2yrs
- Compensation: HK$840.00k
Lianming Bai (41yo)
Chief Engineer
- Tenure: 0yrs
Guangfeng Li (50yo)
Chief Operating Officer
- Tenure: 0yrs
Qiang Xue (39yo)
Senior Vice President
- Tenure: 0yrs
Qiang Jin (49yo)
Executive Director
- Tenure: 0.3yrs
Board Members
Piew Wee (55yo)
Independent Non-Executive Director
- Tenure: 12.8yrs
- Compensation: HK$212.00k
Siang Kai Lim (63yo)
Independent Non-Executive Director
- Tenure: 12.8yrs
- Compensation: HK$296.00k
Tommy Cheng (45yo)
Co-Chairman of the Board & CEO
- Tenure: 1.9yrs
- Compensation: HK$4.00m
Arthur Ma (50yo)
Independent Non-Executive Director
- Tenure: 5.1yrs
- Compensation: HK$120.00k
Tao Hung (54yo)
Project Director & Executive Director
- Tenure: 6.2yrs
- Compensation: HK$840.00k
Xiaoye Zhi (51yo)
Co-Chairman of the Board
- Tenure: 3.6yrs
Siu Yin Pang (60yo)
Independent Non-Executive Director
- Tenure: 2.8yrs
- Compensation: HK$120.00k
Qiang Jin (49yo)
Executive Director
- Tenure: 0.3yrs
Company Information
Beijing Gas Blue Sky Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Beijing Gas Blue Sky Holdings Limited
- Ticker: 6828
- Exchange: SEHK
- Founded: 2000
- Industry: Gas Utilities
- Sector: Utilities
- Market Cap: HK$2.467b
- Shares outstanding: 12.99b
- Website: https://www.bgbluesky.com
Number of Employees
Location
- Beijing Gas Blue Sky Holdings Limited
- New World Tower 1
- Room 1411
- Central
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 6828 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | May 2007 |
| 6828 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | May 2007 |
| 6828 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | May 2007 |
Biography
Beijing Gas Blue Sky Holdings Limited, an investment holding company, engages in the sale and distribution of natural gas and other related products in the People’s Republic of China. It operates through t ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/15 12:59 |
| End of Day Share Price | 2019/12/13 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.