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China Gas Industry Investment Holdings Co.Ltd.
(1940)
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Rating:60Neutral
Price Target:
HK$1.00
▲(11.11% Upside)
Action:Reiterated
Date:10/15/26
The score is supported primarily by improved financial fundamentals (lower leverage and stronger profitability) and a low P/E valuation. Offsetting these positives, the technical setup is weak with the price below key moving averages and bearish momentum/oversold readings, which meaningfully drags the overall score.
Positive Factors
Lower Leverage
The sustained reduction in debt-to-equity materially lowers financial risk and strengthens the company’s ability to withstand operating volatility. Growing equity and reduced leverage also provide greater flexibility to fund infrastructure, support subsidiaries, and manage future capital needs.
Negative Factors
Uneven Revenue Trend
The uneven year-to-year revenue pattern makes the company’s growth trajectory less predictable and complicates capacity and investment planning. Although 2025 rebounded strongly, another volatile period could reduce operating leverage and make sustained earnings expansion harder to assess.
Read all positive and negative factors
Positive Factors
Negative Factors
Lower Leverage
The sustained reduction in debt-to-equity materially lowers financial risk and strengthens the company’s ability to withstand operating volatility. Growing equity and reduced leverage also provide greater flexibility to fund infrastructure, support subsidiaries, and manage future capital needs.
Read all positive factors
China Gas Industry Investment Holdings Co.Ltd. (1940) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$1.34B
Dividend YieldN/A
Average Volume (3M)99.60K
Price to Earnings (P/E)5.8
Beta (1Y)0.46
Revenue Growth37.80%
EPS Growth33.31%
CountryHK
Employees309
SectorUtilities
Sector Strength65
IndustryRegulated Gas
Share Statistics
EPS (TTM)0.16
Shares Outstanding1,200,000,000
10 Day Avg. Volume42,400
30 Day Avg. Volume99,600
Financial Highlights & Ratios
PEG Ratio0.34
Price to Book (P/B)0.54
Price to Sales (P/S)0.65
P/FCF Ratio7.49
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
China Gas Industry Investment Holdings Co.Ltd. Business Overview & Revenue Model
Company Description
China Gas Industry Investment Holdings Co., Ltd. functions as an investment holding firm primarily engaged in the manufacturing and distribution of industrial gases throughout the People's Republic of China. The company's product line encompasses ...
How the Company Makes Money
The company primarily generates revenue through (1) the sale and distribution of gas to end customers via its operated gas networks, where earnings are driven by customer base, consumption volumes, and applicable pricing/regulatory frameworks; (2)...
China Gas Industry Investment Holdings Co.Ltd. Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
82
Very Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.81B | 1.49B | 1.31B | 1.49B | 1.48B | 1.21B |
| Gross Profit | 436.42M | 339.22M | 315.25M | 332.10M | 341.85M | 248.14M |
| EBITDA | 445.83M | 356.42M | 324.99M | 310.74M | 314.84M | 160.95M |
| Net Income | 195.00M | 152.22M | 130.05M | 128.08M | 112.74M | -26.82M |
Balance Sheet | ||||||
| Total Assets | 2.73B | 2.45B | 2.44B | 2.47B | 2.61B | 2.41B |
| Cash, Cash Equivalents and Short-Term Investments | 466.67M | 231.67M | 279.41M | 284.59M | 391.89M | 323.05M |
| Total Debt | 291.92M | 276.85M | 463.69M | 537.79M | 585.79M | 615.44M |
| Total Liabilities | 704.97M | 652.11M | 799.24M | 959.53M | 1.22B | 1.12B |
| Stockholders Equity | 2.02B | 1.80B | 1.64B | 1.51B | 1.39B | 1.28B |
Cash Flow | ||||||
| Free Cash Flow | 144.34M | 129.46M | 24.26M | -67.97M | 82.54M | 469.78K |
| Operating Cash Flow | 239.11M | 254.18M | 176.61M | 1.41M | 197.11M | 71.75M |
| Investing Cash Flow | -87.87M | -117.88M | -117.90M | -69.38M | -114.56M | -137.54M |
| Financing Cash Flow | -36.32M | -182.04M | -77.97M | -90.01M | -29.87M | -142.33M |
China Gas Industry Investment Holdings Co.Ltd. Technical Analysis
Neutral
0.90
Price Trends
1.21
Negative
1.14
Negative
1.24
Negative
Market Momentum
-0.03
Negative
47.52
Neutral
55.56
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1940, the sentiment is Neutral. The current price of 0.9 is below the 20-day moving average (MA) of 1.11, below the 50-day MA of 1.21, and below the 200-day MA of 1.24, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 47.52 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1940.
China Gas Industry Investment Holdings Co.Ltd. Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | HK$55.06B | 7.50 | 12.80% | 6.21% | 5.69% | 8.67% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
61 Neutral | HK$37.02B | 10.46 | 7.90% | 5.82% | 0.94% | 17.12% | |
60 Neutral | HK$1.34B | 5.81 | 10.22% | ― | 37.80% | 33.31% | |
60 Neutral | HK$11.14B | 7.01 | 5.79% | 6.44% | 2.60% | -11.05% | |
56 Neutral | HK$27.02B | 9.73 | 4.80% | 7.05% | -7.13% | -16.53% | |
50 Neutral | HK$1.35B | -23.04 | -0.85% | 7.58% | 1.66% | -116.91% |
* Utilities Sector Average
HK:1940
China Gas Industry Investment Holdings Co.Ltd.
1.12
0.43
62.32%
HK:0384
China Gas Holdings
4.96
-2.65
-34.78%
HK:1193
China Resources Gas Group
16.32
-3.68
-18.39%
HK:1083
Towngas China Co
2.95
-0.74
-20.12%
HK:2688
ENN Energy Holdings
48.76
-14.52
-22.94%
HK:1600
Tian Lun Gas Holdings Limited
1.39
-1.73
-55.57%
China Gas Industry Investment Holdings Co.Ltd. Corporate Events
China Gas Industry Investment Posts 54% Interim Profit Surge on Strong Revenue Growth
Aug 27, 2026
China Gas Industry Investment Holdings Co. Ltd. reported robust interim results for the six months ended 30 June 2026, with revenue rising 42.36% year on year to RMB999.14 million and gross profit up 36.05% to RMB229.17 million. Net profit jumped ...
China Gas Industry Investment Adds Tech-Focused Investor to Board
Aug 18, 2026
China Gas Industry Investment Holdings has strengthened its board with the appointment of 37-year-old technologist and investor Chen Tianyi as a non-executive director, effective 18 August 2026. Chen brings a background in electrical engineering, ...
China Gas Industry Investment Holdings Details Board and Committee Structure
Aug 18, 2026
China Gas Industry Investment Holdings Co. Ltd., incorporated in the Cayman Islands and listed in Hong Kong under stock code 1940, operates within the gas industry through investment and related services. Its operations are directed by a diversifi...
China Gas Industry Investment Schedules Board Meeting on Interim Results and Dividend
Aug 17, 2026
China Gas Industry Investment Holdings Co. Ltd. has scheduled a board meeting for 27 August 2026 to review and approve the interim results for the six months ended 30 June 2026. The board will also consider the publication of these interim results...
China Gas Industry Investment Signals Strong Interim Profit Growth for 2026
Aug 6, 2026
China Gas Industry Investment Holdings Co. Ltd. has issued a positive profit alert, indicating that it expects to report net profit after tax of not less than RMB100 million for the six months ended 30 June 2026. This compares with approximately R...
China Gas Industry Investment Announces Resignation of Non-Executive Director
Jul 31, 2026
China Gas Industry Investment Holdings Co. Ltd., a Cayman Islands-incorporated gas industry investor listed in Hong Kong, maintains a board structure with executive, non-executive, and independent non-executive directors to oversee its operations ...
China Gas Industry Investment Updates Board and Committee Structure
Jul 31, 2026
China Gas Industry Investment Holdings Co. Ltd. has disclosed the current composition of its board of directors, which includes executive, non-executive and independent non-executive members led by chairman Song Jiajun. The structure underscores a...
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.