Want to see HK:1853 full AI Analyst Report?
Top Page
Jilin Province Chuncheng Heating Company Limited Class H
(1853)
Select Model
Select Model
Rating:58Neutral
Price Target:
HK$1.50
â–¼(-10.71% Downside)
Action:Downgraded
Date:07/01/26
The score is driven primarily by middling financial performance—weakening margins and uneven cash conversion despite acceptable leverage—combined with bearish technicals (price below all major moving averages). These are partially offset by attractive valuation (low P/E and a moderate dividend yield).
Positive Factors
Improved Leverage
Leverage improvement to ~0.43 reduces solvency risk and interest burden, giving the company more financial flexibility to fund maintenance capex, absorb cyclical revenue declines, and pursue small strategic investments without immediate refinancing stress. This change strengthens balance-sheet resilience over the medium term.
Negative Factors
Top-line Weakness
A near-10% revenue decline in 2025 signals weakening demand or pricing power, undermining scale economics. If top-line trends persist, the company faces tougher cost absorption, slower investment ability, and heightened execution risk, making medium-term growth recovery and margin stabilization more difficult.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved Leverage
Leverage improvement to ~0.43 reduces solvency risk and interest burden, giving the company more financial flexibility to fund maintenance capex, absorb cyclical revenue declines, and pursue small strategic investments without immediate refinancing stress. This change strengthens balance-sheet resilience over the medium term.
Read all positive factors
Jilin Province Chuncheng Heating Company Limited Class H (1853) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$599.71M
Dividend Yield2.65%
Average Volume (3M)8.67K
Price to Earnings (P/E)6.6
Beta (1Y)<0.01
Revenue Growth-2.33%
EPS Growth49.29%
CountryHK
Employees1,569
SectorUtilities
Sector Strength65
IndustryIndependent Power Producers
Share Statistics
EPS (TTM)0.17
Shares Outstanding116,700,000
10 Day Avg. Volume8,250
30 Day Avg. Volume8,666
Financial Highlights & Ratios
PEG Ratio-0.44
Price to Book (P/B)0.61
Price to Sales (P/S)0.40
P/FCF Ratio7.20
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
Jilin Province Chuncheng Heating Company Limited Class H Business Overview & Revenue Model
Company Description
Jilin Province Chuncheng Heating Company Limited operates within the People's Republic of China, primarily delivering crucial heat supply services. The company's multifaceted operations encompass the generation, distribution, and transmission of h...
How the Company Makes Money
null...
Jilin Province Chuncheng Heating Company Limited Class H Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
64
Positive
Cash Flow
55
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.66B | 1.81B | 1.69B | 1.65B | 1.65B |
| Gross Profit | 212.32M | 306.67M | 265.89M | 230.44M | 325.15M |
| EBITDA | 249.70M | 257.42M | 287.46M | 313.55M | 316.47M |
| Net Income | 79.59M | 99.90M | 120.96M | 114.67M | 122.76M |
Balance Sheet | |||||
| Total Assets | 3.50B | 3.75B | 3.01B | 3.04B | 2.89B |
| Cash, Cash Equivalents and Short-Term Investments | 1.04B | 1.46B | 1.12B | 1.03B | 664.31M |
| Total Debt | 469.07M | 628.80M | 192.26M | 234.48M | 1.45M |
| Total Liabilities | 2.34B | 2.70B | 2.02B | 2.13B | 1.95B |
| Stockholders Equity | 1.10B | 1.04B | 989.85M | 911.90M | 940.28M |
Cash Flow | |||||
| Free Cash Flow | 93.21M | -88.43M | 370.18M | 195.72M | 45.86M |
| Operating Cash Flow | 325.42M | 36.02M | 399.34M | 246.15M | 124.00M |
| Investing Cash Flow | -524.44M | -262.41M | -29.16M | -50.43M | -139.14M |
| Financing Cash Flow | -202.44M | 564.50M | -289.37M | 170.16M | -52.94M |
Jilin Province Chuncheng Heating Company Limited Class H Technical Analysis
Negative
1.68
Price Trends
1.25
Positive
1.37
Negative
1.54
Negative
Market Momentum
>-0.01
Positive
49.56
Neutral
89.74
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1853, the sentiment is Negative. The current price of 1.68 is above the 20-day moving average (MA) of 1.29, above the 50-day MA of 1.25, and above the 200-day MA of 1.54, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 49.56 is Neutral, neither overbought nor oversold. The STOCH value of 89.74 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1853.
Jilin Province Chuncheng Heating Company Limited Class H Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
62 Neutral | HK$1.07B | 6.44 | 11.46% | 5.83% | 3.91% | -15.37% | |
60 Neutral | HK$11.46B | 7.36 | 5.79% | 6.14% | 2.60% | -11.05% | |
58 Neutral | HK$599.71M | 6.62 | 7.27% | 2.65% | -2.33% | 49.29% | |
55 Neutral | HK$30.73B | 11.26 | 4.80% | 6.09% | -7.13% | -16.53% | |
41 Neutral | HK$7.42B | 33.31 | 2.98% | 1.08% | -6.70% | 50.09% |
* Utilities Sector Average
HK:1853
Jilin Province Chuncheng Heating Company Limited Class H
1.29
-0.58
-31.10%
HK:0384
China Gas Holdings
5.75
-1.60
-21.84%
HK:1083
Towngas China Co
3.09
-0.58
-15.76%
HK:3633
Zhongyu Gas Holdings Limited
2.78
-0.87
-23.91%
HK:9908
JiaXing Gas Group Co. Ltd. Class H
7.75
0.13
1.75%
HK:6661
Huzhou Gas Co., Ltd. Class H
4.95
0.10
2.06%
Jilin Province Chuncheng Heating Company Limited Class H Corporate Events
Chuncheng Heating Buys Coal from Controlling Shareholder in Connected Deal
Jul 30, 2026
Jilin Province Chuncheng Heating Company Limited is a China-based provider of urban heating services. It runs two main segments, heat supply in Jilin Province and construction, maintenance and design services, including engineering construction, m...
Jilin Province Chuncheng Heating Reshapes Company Secretariat and Representation Roles
Jul 28, 2026
Jilin Province Chuncheng Heating Company Limited announced that joint company secretary and authorized representative Mr. Wan Tao has resigned with effect from 28 July 2026 due to work adjustments. The board noted that Mr. Wan has no disagreement ...
Chuncheng Heating Shareholders Back All AGM Resolutions, Approve Dividend Plan and Share Issuance Mandate
May 15, 2026
Shareholders of Jilin Province Chuncheng Heating Company Limited approved all resolutions at the 2025 annual general meeting held in Changchun, with about 75% of issued share capital represented. The meeting endorsed the directors’ work repo...
Jilin Chuncheng Heating Sets Final Dividend and Details Tax Treatment for H-Shareholders
May 15, 2026
Jilin Province Chuncheng Heating Company Limited has confirmed shareholder approval at its 2025 annual general meeting for the payment of a final dividend of RMB 0.03 per share for the year ended 31 December 2025, with H-share holders to receive H...
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.