1. People's Republic of China Stocks

  2. •

    Utilities

  3. •

    Regulated Gas
TL Natural Gas Holdings Limited

TL Natural Gas Holdings Limited

8536.HK
TL Natural Gas Holdings LimitedHK flagHong Kong Stock Exchange
0.20
HKD
+0.01
- -
41.44MMarket Cap
TL Natural Gas Holdings Limited
8536.HK
(Hong Kong Stock Exchange)

Recent

price

0.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.67
0.51
0.53
0.75
0.59
0.32
0.27
0.38
0.44
0.53
- -
0.44
Revenue per Share
0.05
0.03
-0.04
0.04
-0.02
-0.14
-0.05
-0.02
-0.13
-0.05
- -
-0.13
Basic EPS, GAAP
0.13
- -
0.03
-0.1
-0.02
-0.12
0.11
0.03
-0.02
-0.01
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.03
0.06
0.02
0.08
0.05
-0.1
-0.13
-0.15
-0.28
-0.32
- -
-0.28
Book Value per Share
0.03
0.09
0.29
0.74
0.67
0.54
0.48
0.46
0.33
0.29
- -
0.33
Tangible Book Value per Share
125
125
125
113
125
157
173
177
177
183
- -
177
Basic Weighted Avg Shares
84
64
66
85
74
51
46
68
78
96
87
78
Sales/Revenue/Turnover
9.8
8.79
-6.66
8.91
-0.16
-28.48
-21.61
-0.35
-7.88
-7.19
-7.43
-7.88
Operating Margin (%)
4
4
4
4
5
7
7
6
4
3
3
- -
Depreciation Expense
6
4
-5
5
-3
-23
-8
-3
-23
-10
-8
-23
Net Income, GAAP
29.47
31.34
- -
42.75
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
7.09
5.96
-8.25
5.39
-3.71
-44.45
-18.26
-4.55
-29.54
-10.05
-8.94
-29.54
Profit Margin (%)
-34
-23
6
55
46
32
37
40
35
34
35
35
Working Capital
- -
- -
- -
- -
7
13
3
3
1
1
1
1
LT Debt
5
13
38
86
83
87
84
82
59
53
51
59
Total Equity
- -
28.23
- -
6.56
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
67.39
- -
77.15
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
67.39
-109.48
77.15
-35.31
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'23
Sep'23
Dec'23
ST Debt
1
- -
1
LT Borrowings
- -
- -
- -
LT Finance Leases
2
- -
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
177
- -
177
Market Capitalization
34
58
137

Working Capital

FRC

•

in mil. unless spec.
Jun'23
Sep'23
Dec'23
Total Current Assets
46
- -
44
Cash, Cash Equivalents & STI
31
- -
28
Accounts Receivable, Net
2
- -
3
Inventories
- -
- -
- -
Total Current Liabilities
8
- -
9
Payables & Accruals
- -
- -
- -
ST Debt
1
- -
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
41.99%
-9.81%
-5.09%
Free Cash Flow
-128.2%
-85.13%
94.59%
Net Income, GAAP
54.98%
88.95%
-20%
Sales/Revenue/Turnover
2.99%
13.1%
-10.06%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
15
16
21
26
78
2024
- -
- -
- -
- -
96
2025
- -
- -
- -
- -
87

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.01
-0.01
- -
- -
-0.13
2024
- -
- -
- -
- -
-0.05
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
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Business
TL Natural Gas Holdings Limited functions as an investment holding entity, primarily engaged in the distribution and retail of natural gas within the People's Republic of China. The company provides compressed natural gas (CNG) and liquefied natural gas (LNG) to a diverse client base, including individual vehicle operators, urban gas providers, other fueling station businesses, and various industrial consumers. Beyond its core energy supply, it also offers automated vehicle washing, digital marketing solutions, and natural gas transmission services. The firm also operates fast food catering services. The company manages a network of four refueling facilities, strategically located in Jingzhou, Hubei Province. Established in 2007, TL Natural Gas Holdings Limited maintains its principal offices in Jingzhou City, China. Recent strategic developments include a November 2025 memorandum of understanding for a joint venture to enter the electricity charging market with methanol-hydrogen fuel cell systems and liquid-cooled supercharging stations. Additionally, in July 2024, a subsidiary entered an agreement to invest in pipeline infrastructure, enhancing natural gas transmission capabilities. The company operates as a subsidiary of Yongsheng Enterprise Limited.