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Zhonghua Gas Holdings Ltd.
(8246)
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Rating:47Neutral
Price Target:
HK$0.75
▲(836.25% Upside)
Action:Reiterated
Date:08/26/26
The score is held back primarily by continued deep losses (negative EBIT and net margins) and a clear downtrend versus major moving averages. Positives include materially lower leverage and a strong rebound to positive operating cash flow and free cash flow in the latest period, but volatility in cash generation and loss-making results keep the overall profile below average.
Positive Factors
Improved Balance Sheet
Debt reduction materially improves financial flexibility and lowers refinancing risk over the next several quarters. The stronger equity base adds a cushion, giving management more capacity to fund operations while working to restore profitability.
Negative Factors
Deep Operating Losses
Deep operating and net losses show that the revenue rebound is not yet translating into sustainable earnings. Continued negative margins could consume financial resources and delay reinvestment, shareholder returns, and the company’s ability to self-fund growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved Balance Sheet
Debt reduction materially improves financial flexibility and lowers refinancing risk over the next several quarters. The stronger equity base adds a cushion, giving management more capacity to fund operations while working to restore profitability.
Read all positive factors
Zhonghua Gas Holdings Ltd. (8246) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$414.54M
Dividend Yield0.21%
Average Volume (3M)36.00K
Price to Earnings (P/E)―
Beta (1Y)-0.11
Revenue GrowthN/A
EPS GrowthN/A
CountryHK
Employees45
SectorUtilities
Sector Strength65
IndustryEngineering & Construction
Share Statistics
EPS (TTM)N/A
Shares Outstanding592,203,000
10 Day Avg. Volume38,000
30 Day Avg. Volume36,000
Financial Highlights & Ratios
PEG Ratio0.29
Price to Book (P/B)2.55
Price to Sales (P/S)5.42
P/FCF Ratio5.58
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
Zhonghua Gas Holdings Ltd. Business Overview & Revenue Model
Company Description
Zhonghua Gas Holdings Limited, an investment holding company, provides integrated energy services in the People's Republic of China. It operates in two segments, Energy Business and Property Investments. The Energy Business segment offers integrat...
Zhonghua Gas Holdings Ltd. Financial Statement Overview
Summary
Income Statement
26
Negative
Balance Sheet
56
Neutral
Cash Flow
62
Positive
| Breakdown | Mar 2026 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 75.74M | 89.19M | 186.65M | 200.53M | 420.66M |
| Gross Profit | 7.39M | 3.54M | -6.79M | -7.95M | -7.03M |
| EBITDA | -28.86M | -38.95M | 11.23M | 11.08M | -194.44M |
| Net Income | -22.70M | -49.10M | -6.66M | -5.25M | -191.31M |
Balance Sheet | |||||
| Total Assets | 326.55M | 406.03M | 349.67M | 346.73M | 358.92M |
| Cash, Cash Equivalents and Short-Term Investments | 111.52M | 69.10M | 196.57M | 38.75M | 60.77M |
| Total Debt | 23.82M | 52.97M | 95.17M | 88.00M | 84.62M |
| Total Liabilities | 133.85M | 233.46M | 210.43M | 203.78M | 214.23M |
| Stockholders Equity | 161.15M | 136.71M | 104.76M | 109.79M | 115.04M |
Cash Flow | |||||
| Free Cash Flow | 73.57M | -130.43M | 162.78M | -18.20M | -22.61M |
| Operating Cash Flow | 77.14M | -129.69M | 163.23M | -18.14M | -10.87M |
| Investing Cash Flow | -4.68M | 575.00K | 342.00K | 191.00K | -4.07M |
| Financing Cash Flow | 25.07M | 2.05M | -6.50M | -8.02M | -7.86M |
Zhonghua Gas Holdings Ltd. Technical Analysis
Positive
0.08
Price Trends
0.67
Positive
0.73
Negative
0.73
Negative
Market Momentum
0.01
Negative
53.00
Neutral
53.81
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8246, the sentiment is Positive. The current price of 0.08 is below the 20-day moving average (MA) of 0.67, below the 50-day MA of 0.67, and below the 200-day MA of 0.73, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 53.00 is Neutral, neither overbought nor oversold. The STOCH value of 53.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8246.
Zhonghua Gas 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% | |
60 Neutral | HK$3.09B | 16.80 | 6.95% | 1.01% | -16.48% | 8.50% | |
52 Neutral | HK$1.76B | -113.04 | -0.53% | 7.69% | -15.27% | -103.20% | |
51 Neutral | HK$1.59B | 16.68 | 0.59% | 3.35% | 8.21% | -57.24% | |
48 Neutral | HK$1.90B | 18.60 | 3.16% | 0.51% | -14.03% | -62.71% | |
47 Neutral | HK$414.54M | -14.09 | -15.55% | 0.21% | ― | ― | |
46 Neutral | HK$858.21M | -5.16 | -5.21% | ― | -25.02% | -189.47% |
* Utilities Sector Average
HK:8246
Zhonghua Gas Holdings Ltd.
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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.