Major shareholders include the Haixia Economy and Technology Cooperation Centre, Asian Development Bank, Sinopec, GAIL Limited, and SK Group, providing diverse strategic backing. The firm benefits from exclusive city gas concession rights and efficient scale.
Cyborg Score Rationale
Market cap of HKD 41.515B with PE ratio of 14.65 and dividend yield of 6.30%. The company maintains a strong balance sheet with total assets of RMB 112.3 billion and debt-to-equity ratio of 0.37, indicating prudent financial management. However, 2023 revenue declined 11.50% to RMB 81.41 billion and earnings fell 25.82%.
Top Insights
82 natural gas projects including 72 city concessions across multiple Chinese provinces
Attractive 6.30% dividend yield with stable market valuation near HKD 41.5B