1. Hong Kong Stocks

  2. •

    Utilities

  3. •

    Regulated Gas
Beijing Enterprises Holdings Ltd.

Beijing Enterprises Holdings Ltd.

0392.HK
Beijing Enterprises Holdings Ltd.HK flagHong Kong Stock Exchange
29.20
HKD
+0.02
- -
36.73BMarket Cap
Beijing Enterprises Holdings Ltd.
0392.HK
(Hong Kong Stock Exchange)

Recent

price

29.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
20.69
21.68
25.18
28.53
29.96
39.23
39.56
38.07
47.16
48.25
45.68
52.15
62.92
65.32
66.78
17.25
Revenue per Share
1.98
1.98
2.29
2.82
3.02
3.7
4.41
4.56
5.27
5.73
3.53
6.42
5.16
4.36
4.07
1
Basic EPS, GAAP
2.36
-3.74
-1.95
-0.32
-1.33
6.8
4.95
-0.28
1.21
0.69
-0.1
-2.11
-5.08
-2.71
-1.63
0.33
Free Cash Flow per Basic Share
0.6
0.57
0.56
0.58
0.7
0.77
0.86
0.79
0.88
1.02
0.96
0.93
1.14
1.78
1.38
0.37
Dividend per Share
0.1
0.35
0.08
20.03
19
19.83
21.49
20.13
21.16
21.64
20.3
58.33
60.07
57.55
60.38
15.48
Book Value per Share
25.23
26.06
28.09
37.54
35.44
37.3
32.69
36.75
40.51
45.22
48.76
54.79
54.54
55.9
59.85
15.8
Tangible Book Value per Share
1,137
1,138
1,138
1,160
1,279
1,284
1,267
1,262
1,262
1,262
1,262
1,262
1,262
1,260
1,259
5,056
Basic Weighted Avg Shares
23,532
24,662
28,640
33,101
38,331
50,368
50,106
48,054
59,515
60,892
57,650
65,818
79,375
82,313
84,064
87,228
Sales/Revenue/Turnover
10.15
8.14
5.55
5.74
5.11
3.36
4.78
4.34
3.95
4.93
3.07
4.62
3.73
2.91
4.29
4.38
Operating Margin (%)
1,269
1,436
1,500
1,761
1,937
2,312
2,978
2,927
3,469
3,736
3,775
4,300
4,043
4,107
4,159
4,641
Depreciation Expense
2,249
2,247
2,605
3,269
3,864
4,746
5,584
5,749
6,655
7,236
4,456
8,107
6,512
5,498
5,123
5,056
Net Income, GAAP
18.05
13.73
13.41
10.29
9.46
10.27
11.44
10.52
12.74
10.65
15.13
9.58
11.68
11.92
16.31
14.3
Effective Tax Rate (%)
9.56
9.11
9.09
9.88
10.08
9.42
11.14
11.96
11.18
11.88
7.73
12.32
8.2
6.68
6.09
5.8
Profit Margin (%)
5,957
5,836
5,608
237
-1,675
6,138
-4,857
1,214
3,171
-1,275
-3,145
-5,736
-5,384
-16,063
-12,089
-6,359
Working Capital
8,418
11,720
16,376
14,440
15,544
23,202
28,841
45,202
50,924
47,358
41,497
37,921
46,870
42,291
43,268
46,312
LT Debt
34,887
36,681
38,382
50,063
54,452
57,488
60,922
66,158
71,152
78,169
82,106
89,435
90,674
93,049
97,615
102,735
Total Equity
4.3
3.47
2.42
2.6
2.28
1.77
2.19
1.66
1.69
2.05
1.08
1.89
1.68
1.27
1.73
1.82
Return on Invested Capital (%)
11.54
10.13
11.83
9.13
7.46
8.69
8.81
7.97
9
9.23
5.86
7.49
4.99
4.36
3.65
3.18
Return on Capital (%)
112.87
878.79
1,075.59
28.03
16.25
19.07
21.2
21.85
25.54
26.79
16.83
16.34
8.72
7.41
6.9
6.56
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.01%
4.62%
5.24%
Free Cash Flow
105.67%
375.29%
-181.27%
Net Income, GAAP
4.53%
7.72%
-1.31%
Sales/Revenue/Turnover
6.06%
8.87%
3.76%
Total Cash Common Dividend
8.27%
11.96%
6.81%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
82,313
2024
- -
- -
- -
- -
84,064
2025
- -
- -
- -
- -
87,228

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
4.36
2024
- -
- -
- -
- -
4.07
2025
- -
- -
- -
- -
1

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
1.78
2024
- -
- -
- -
- -
1.38
2025
- -
- -
- -
- -
0.37
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Business
Beijing Enterprises Holdings Limited (0392.HK) is an investment holding company principally engaged in public utilities and related businesses, including piped natural gas distribution; water supply and sewage treatment services; solid waste management and environmental protection; brewery operations; and other infrastructure investments. Established in 1997 through the consolidation of premium assets in Beijing and listed on the Hong Kong Stock Exchange, the company, headquartered in Hong Kong, operates primarily in Mainland China with significant international presence in Europe and Southeast Asia, serving over 57 million gas users via approximately 600,000 kilometers of pipelines, water treatment assets with a design capacity of 43.3 million tons per day, waste incineration capacity of 35,547 tons per day, and annual beer sales exceeding 4 million kiloliters. Its subsidiaries and affiliates span utilities and infrastructure, including key players like China Gas for gas distribution, Beijing Enterprises Water for water services, and Yanjing Brewery for beer production, with overseas operations in waste-to-energy in Germany, Luxembourg, and the Netherlands, and water projects in Malaysia and Portugal. Recent developments include ongoing investments in property, plant, and equipment as noted in its interim results for the six months ended 30 June 2025, alongside robust performance in its brewery segment with Yanjing Brewery projecting net profit of RMB1 billion to RMB1.1 billion for 2024, reflecting sustained growth in core utilities amid China's ecological and urbanization initiatives.