Want to see HK:0332 full AI Analyst Report?
Top Page
Yuan Heng Gas Holdings Ltd
(0332)
Select Model
Select Model
Rating:40Underperform
Price Target:
HK$0.14
▲(615.00% Upside)
Action:Downgraded
Date:07/31/26
The score is weighed down primarily by weak financial performance—sustained losses, declining revenue, and a stressed balance sheet with negative equity and high debt. Technicals also remain unfavorable with the stock trading below all key moving averages. Valuation provides limited support because the negative P/E reflects losses and no dividend yield data is available.
Positive Factors
Recent Cash-Flow Recovery
The return to positive operating and free cash flow improves near-term liquidity and shows some stabilization in cash conversion, although the recovery remains unproven because prior cash flow was volatile and losses continue.
Negative Factors
Sustained Losses and Revenue Decline
Persistent losses and shrinking revenue weaken the foundation for self-funded growth and indicate that the LPG operation is not currently converting scale into sustainable profitability. Thin margins also leave limited protection against cost or demand pressure.
Read all positive and negative factors
Positive Factors
Negative Factors
Recent Cash-Flow Recovery
The return to positive operating and free cash flow improves near-term liquidity and shows some stabilization in cash conversion, although the recovery remains unproven because prior cash flow was volatile and losses continue.
Read all positive factors
Yuan Heng Gas Holdings Ltd (0332) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$51.71M
Dividend YieldN/A
Average Volume (3M)147.00K
Price to Earnings (P/E)―
Beta (1Y)0.05
Revenue Growth-23.24%
EPS Growth91.43%
CountryHK
Employees243
SectorEnergy
Sector Strength52
IndustryOil & Gas Integrated
Share Statistics
EPS (TTM)-0.48
Shares Outstanding327,281,070
10 Day Avg. Volume89,302
30 Day Avg. Volume147,001
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)-0.08
Price to Sales (P/S)0.18
P/FCF Ratio12.98
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Yuan Heng Gas Holdings Ltd Business Overview & Revenue Model
Company Description
Yuan Heng Gas Holdings Limited functions as an investment holding entity primarily involved in the commerce of petroleum and natural gas products, alongside offering associated advisory services across mainland China, Hong Kong, and Singapore. Its...
How the Company Makes Money
The company primarily makes money by selling LPG and related gas products to customers. Revenue is generated from (i) the trading, sale, and distribution of LPG, where earnings depend on sales volume and the spread between procurement costs (e.g.,...
Yuan Heng Gas Holdings Ltd Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
34
Negative
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 587.62M | 807.82M | 4.97B | 1.95B | 2.37B |
| Gross Profit | 43.17M | 44.04M | 76.73M | 167.07M | 227.45M |
| EBITDA | -13.72M | -1.86B | -56.69M | 134.40M | 273.69M |
| Net Income | -153.15M | -1.92B | -164.91M | 27.39M | 64.39M |
Balance Sheet | |||||
| Total Assets | 1.87B | 1.70B | 3.29B | 3.81B | 3.43B |
| Cash, Cash Equivalents and Short-Term Investments | 7.63M | 10.50M | 10.69M | 78.18M | 129.68M |
| Total Debt | 1.29B | 1.30B | 1.37B | 1.28B | 1.12B |
| Total Liabilities | 3.12B | 2.78B | 1.98B | 2.32B | 1.92B |
| Stockholders Equity | -1.25B | -1.09B | 1.23B | 1.39B | 1.37B |
Cash Flow | |||||
| Free Cash Flow | 7.99M | -8.71M | -413.55M | 83.26M | 243.62M |
| Operating Cash Flow | 11.23M | -7.44M | -406.39M | 116.02M | 276.36M |
| Investing Cash Flow | 3.50M | -330.00K | 308.51M | -252.71M | -35.61M |
| Financing Cash Flow | -18.21M | 5.32M | 35.86M | 86.27M | -163.86M |
Yuan Heng Gas Holdings Ltd Technical Analysis
Negative
0.02
Price Trends
0.19
Negative
0.25
Negative
0.31
Negative
Market Momentum
>-0.01
Negative
39.62
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0332, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.16, below the 50-day MA of 0.19, and below the 200-day MA of 0.31, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 39.62 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0332.
Yuan Heng Gas Holdings Ltd Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | HK$63.14B | 10.42 | 7.89% | 4.53% | 6.16% | -1.61% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
50 Neutral | HK$609.49M | 25.20 | 0.62% | 0.98% | -6.95% | -85.71% | |
48 Neutral | HK$175.70M | 2.24 | 68.35% | 27.70% | ― | ― | |
43 Neutral | HK$84.65M | -3.17 | -69.23% | 0.42% | -5.50% | -63.89% | |
40 Underperform | HK$51.71M | -0.28 | 12.88% | ― | -23.24% | 91.43% |
* Energy Sector Average
HK:0332
Yuan Heng Gas Holdings Ltd
0.16
-0.26
-62.38%
HK:0135
KUNLUN ENERGY
7.68
0.57
7.98%
HK:0603
China Oil & Gas Group
0.13
-0.04
-23.17%
HK:0852
Strong Petrochemical Holdings Limited
0.17
0.00
0.00%
HK:2728
Jintai Energy Holdings Limited
0.02
-0.02
-45.71%
HK:8270
China CBM Group Co. Ltd.
0.45
0.17
60.71%
Yuan Heng Gas Holdings Ltd Corporate Events
Yuan Heng Gas Says Auditor Rebrands With No Impact on Services
Aug 27, 2026
Yuan Heng Gas Holdings Limited has announced that its external auditor has changed its English name from Prism Hong Kong Limited to CLA Prism Hong Kong Limited, and its Chinese name accordingly, effective 21 August 2026. The company emphasized tha...
Yuan Heng Gas Updates Registered Office Address in Bermuda
Jul 30, 2026
Yuan Heng Gas Holdings has announced a change to its registered office address in Bermuda, effective 3 August 2026, relocating to Richmond House on Par-la-Ville Road in Hamilton. The company confirmed that Tricor Investor Services Limited will con...
Yuan Heng Gas Sets September AGM, Seeks Fresh Share Issuance Mandate
Jul 27, 2026
Yuan Heng Gas Holdings Ltd has called its annual general meeting for 23 September 2026 in Hong Kong, where shareholders will review the audited financial statements for the year ended 31 March 2026 and vote on the re-election of executive and inde...
Yuan Heng Gas Completes Capital Reorganisation and Adjusts Share Option Pool
Jul 6, 2026
Yuan Heng Gas Holdings has implemented a capital reorganisation effective 6 July 2026, comprising share consolidation, capital reduction and share sub-division. As part of this move, dealings in the new shares have commenced, and the board lot siz...
Yuan Heng Gas Shareholders Approve Capital Reorganisation Plan
Jul 2, 2026
Yuan Heng Gas Holdings Limited reported that shareholders overwhelmingly approved a special resolution for a capital reorganisation at a special general meeting held on 2 July 2026. The package, which includes a share consolidation, capital reduct...
Yuan Heng Gas Narrows Annual Loss Despite Revenue Drop
Jun 26, 2026
Yuan Heng Gas Holdings reported revenue of about RMB609 million for the year ended 31 March 2026, a 24.6% decline from the prior year, but improved profitability metrics with gross profit rising slightly to RMB45 million and gross margin widening ...
Yuan Heng Gas Signals Over 90% Cut in Annual Net Loss
Jun 18, 2026
Yuan Heng Gas Holdings Ltd has issued a positive profit alert, indicating that its net loss for the year ended 31 March 2026 is expected to shrink by more than 90% from the approximately RMB1,993 million loss recorded a year earlier. The improveme...
Yuan Heng Gas Sets June Board Meeting to Approve Annual Results and Consider Dividend
Jun 15, 2026
Yuan Heng Gas Holdings Limited has scheduled a board meeting for 26 June 2026 to review and approve the annual results for the year ended 31 March 2026. The board will also decide on a potential final dividend for shareholders, a move that could s...
Yuan Heng Gas Calls July 2026 Meeting for Major Capital Reorganisation
Jun 10, 2026
Yuan Heng Gas Holdings has called a special general meeting for 2 July 2026 in Hong Kong to seek shareholder approval for a comprehensive capital reorganisation. The proposal includes consolidating every 20 existing shares into one consolidated sh...
Yuan Heng Gas Plans Capital Reorganisation and Board Lot Change
Jun 1, 2026
Yuan Heng Gas Holdings has proposed a capital reorganisation that will consolidate every 20 existing shares into one consolidated share and then reduce the par value of each consolidated share from HK$2.0 to HK$0.1 by cancelling HK$1.9 of paid-up ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.