Want to see HK:6828 full AI Analyst Report?
Top Page
Beijing Gas Blue Sky Holdings Ltd
(6828)
Select Model
Select Model
Rating:45Neutral
Price Target:
HK$0.04
â–²(20.00% Upside)
Action:Reiterated
Date:07/31/26
The score is held back primarily by weak financial performance—persistent negative EBIT and deteriorating operating/free cash flow in 2024–2025 despite a 2025 revenue rebound, with leverage still elevated. Technicals are mixed (short-term improvement but still below longer-term moving averages), while valuation (P/E ~10) provides some support but is outweighed by cash flow and profitability risks.
Positive Factors
2025 Revenue Rebound
The sharp 2025 revenue recovery indicates renewed scale across gas sales and distribution activities. Sustained volume growth would improve network utilization and provide a stronger base for operating leverage if cost control improves.
Negative Factors
Persistent Operating Losses
Repeated negative EBIT shows that revenue scale has not translated into dependable operating profits. The negative 2025 gross margin further signals procurement, pricing or cost pressure that could limit the durability of future earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
2025 Revenue Rebound
The sharp 2025 revenue recovery indicates renewed scale across gas sales and distribution activities. Sustained volume growth would improve network utilization and provide a stronger base for operating leverage if cost control improves.
Read all positive factors
Beijing Gas Blue Sky Holdings Ltd (6828) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$841.24M
Dividend Yield4.04%
Average Volume (3M)21.36M
Price to Earnings (P/E)10.3
Beta (1Y)1.46
Revenue Growth8.89%
EPS Growth-5.26%
CountryHK
Employees509
SectorUtilities
Sector Strength65
IndustryRegulated Gas
Share Statistics
EPS (TTM)<0.01
Shares Outstanding22,736,115,000
10 Day Avg. Volume6,284,800
30 Day Avg. Volume21,363,791
Financial Highlights & Ratios
PEG Ratio0.56
Price to Book (P/B)0.48
Price to Sales (P/S)0.34
P/FCF Ratio-3.62
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
Beijing Gas Blue Sky Holdings Ltd Business Overview & Revenue Model
Company Description
Beijing Gas Blue Sky Holdings Limited functions as an investment holding company with a primary focus on the sale and distribution of natural gas and associated energy products throughout the People's Republic of China. Its operational scope encom...
How the Company Makes Money
null...
Beijing Gas Blue Sky Holdings Ltd Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
46
Neutral
Cash Flow
28
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.08B | 2.13B | 1.69B | 1.93B | 1.38B | 1.41B |
| Gross Profit | 36.82M | 46.46M | 49.71M | 58.75M | 43.53M | 97.39M |
| EBITDA | -13.24M | -264.62K | 1.58M | 70.24M | -6.27M | -354.01M |
| Net Income | 82.47M | 94.53M | 85.07M | 82.16M | 16.37M | -224.73M |
Balance Sheet | ||||||
| Total Assets | 4.91B | 4.66B | 4.45B | 4.61B | 4.58B | 4.27B |
| Cash, Cash Equivalents and Short-Term Investments | 301.66M | 339.97M | 360.37M | 363.53M | 487.69M | 626.51M |
| Total Debt | 2.74B | 2.56B | 2.35B | 2.47B | 2.40B | 2.94B |
| Total Liabilities | 3.14B | 2.96B | 2.97B | 3.13B | 3.15B | 3.70B |
| Stockholders Equity | 1.58B | 1.51B | 1.38B | 1.26B | 1.14B | 493.56M |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -200.78M | -23.78M | 63.19M | 133.82M | 37.20M |
| Operating Cash Flow | -97.18M | -157.51M | 17.01M | 114.39M | 153.20M | 84.35M |
| Investing Cash Flow | 8.05M | 160.10M | 277.90M | -4.39M | 24.11M | -6.35M |
| Financing Cash Flow | 18.80M | -83.33M | -299.45M | -221.43M | -339.08M | -69.47M |
Beijing Gas Blue Sky Holdings Ltd Technical Analysis
Positive
0.03
Price Trends
0.03
Positive
0.03
Positive
0.04
Positive
Market Momentum
<0.01
Negative
60.09
Neutral
151.11
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6828, the sentiment is Positive. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.04, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 60.09 is Neutral, neither overbought nor oversold. The STOCH value of 151.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:6828.
Beijing Gas Blue Sky Holdings Ltd 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% | |
63 Neutral | HK$37.79B | 11.22 | 7.90% | 5.43% | 0.94% | 17.12% | |
60 Neutral | HK$11.46B | 7.36 | 5.79% | 6.14% | 2.60% | -11.05% | |
55 Neutral | HK$30.73B | 11.26 | 4.80% | 6.09% | -7.13% | -16.53% | |
52 Neutral | HK$55.92B | 7.97 | 12.80% | 5.84% | 5.69% | 8.67% | |
48 Neutral | HK$14.54B | 42.62 | 3.71% | 2.47% | 6.15% | -21.68% | |
45 Neutral | HK$841.24M | 10.28 | 5.34% | 4.04% | 8.89% | -5.26% |
* Utilities Sector Average
HK:6828
Beijing Gas Blue Sky Holdings Ltd
0.04
-0.01
-27.45%
HK:0384
China Gas Holdings
5.75
-1.59
-21.73%
HK:1193
China Resources Gas Group
17.51
-1.78
-9.24%
HK:1083
Towngas China Co
3.09
-0.60
-16.19%
HK:2688
ENN Energy Holdings
51.40
-10.22
-16.59%
HK:1635
Shanghai Dazhong Public Utilities (Group) Co., Ltd. Class H
2.33
-0.09
-3.64%
Beijing Gas Blue Sky Holdings Ltd Corporate Events
Beijing Gas Blue Sky Sets Board Meeting to Approve Interim Results and Consider Dividend
Aug 12, 2026
Beijing Gas Blue Sky Holdings Ltd has scheduled a board meeting for 26 August 2026 to review and approve the interim results for the six months ended 30 June 2026.The board will also consider the payment of an interim dividend, signaling potential...
Beijing Gas Blue Sky Reshapes Company Secretary and Compliance Roles
Jul 31, 2026
Beijing Gas Blue Sky Holdings Ltd has announced the resignation of company secretary and authorised representative Annie Chen, effective 31 July 2026, as part of a reshuffle in its corporate governance roles. The board expressed gratitude for her ...
Beijing Gas Blue Sky Shifts Bermuda Registered Office, Keeps Hong Kong Share Registrar
Jul 31, 2026
Beijing Gas Blue Sky Holdings Ltd announced that, effective 3 August 2026, it will change the address of its registered office, principal share registrar and transfer agent in Bermuda to Richmond House, 12 Par-la-Ville Road, Hamilton HM 08. The co...
Beijing Gas Blue Sky renews HK$200 million term loan under strict state-control covenants
Jun 22, 2026
Beijing Gas Blue Sky Holdings Limited has secured the renewal of a bank credit line, converting its previous uncommitted revolving loan into an uncommitted term loan facility of up to HK$200 million. Each drawdown under the new facility will be re...
Beijing Gas Blue Sky Faces New Zhejiang Lawsuit Over Fund 47 Investment Transfers
Jun 15, 2026
Beijing Gas Blue Sky Holdings has become embroiled in new litigation in Zhejiang after two individuals, Huo Shoufeng and Huo Shouyi, filed claims against the company, Yu Pengnian Management (Shenzhen) Co., and Fund 47 over a series of investment a...
Beijing Gas Blue Sky Extends HK$400 Million Loan Drawdown to 2027 Under State-Linked Covenants
Jun 1, 2026
Beijing Gas Blue Sky Holdings has secured an extension to the drawdown period of its uncommitted revolving loan facility of up to HK$400 million, with the lending bank pushing the availability deadline out to 7 June 2027. The facility remains subj...
Beijing Gas Blue Sky Wins Strong Shareholder Backing at 2026 AGM
May 29, 2026
Beijing Gas Blue Sky Holdings Limited reported that all resolutions proposed at its 29 May 2026 annual general meeting were approved by shareholders through a poll, with no treasury shares in issue and no voting restrictions imposed. Shareholders ...
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.