1. People's Republic of China Stocks

  2. •

    Utilities

  3. •

    Regulated Gas
JiaXing Gas Group Co., Ltd.

JiaXing Gas Group Co., Ltd.

9908.HK
JiaXing Gas Group Co., Ltd.HK flagHong Kong Stock Exchange
8.48
HKD
- -
- -
1.17BMarket Cap
JiaXing Gas Group Co., Ltd.
9908.HK
(Hong Kong Stock Exchange)

Recent

price

8.48

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
6.63
9.44
9.98
10.87
14.43
25.14
21.45
24.81
- -
Revenue per Share
0.47
0.53
0.65
0.79
0.79
0.5
1.73
1.36
- -
Basic EPS, GAAP
1.34
0.76
0.66
1.26
0.46
0.4
0.78
1.15
- -
Free Cash Flow per Basic Share
- -
0.07
0.52
- -
0.37
0.15
0.4
0.6
- -
Dividend per Share
0.75
0.75
0.75
1.18
3.2
3.53
4.72
5.37
- -
Book Value per Share
1.64
2.18
2.33
6.04
5.58
6.04
7.43
8.29
- -
Tangible Book Value per Share
133
133
133
117
138
138
138
138
- -
Basic Weighted Avg Shares
884
1,259
1,330
1,274
1,989
3,466
2,956
3,420
3,121
Sales/Revenue/Turnover
10.76
8.43
9.93
12.36
7.93
2.98
5.87
7.57
3.81
Operating Margin (%)
53
57
59
61
56
66
81
97
102
Depreciation Expense
62
70
87
93
108
69
239
188
151
Net Income, GAAP
23.12
23.32
23.84
23.9
24.66
25.38
11.26
23.15
16.38
Effective Tax Rate (%)
7.05
5.59
6.53
7.26
5.46
2
8.08
5.49
4.83
Profit Margin (%)
-330
-333
-276
161
154
106
-61
-94
244
Working Capital
176
157
174
267
369
336
316
282
748
LT Debt
265
338
357
754
816
878
1,068
1,186
1,289
Total Equity
- -
11.78
13.79
13.53
10.47
6.18
11.35
12.62
5.22
Return on Invested Capital (%)
- -
16.5
20.32
21.69
17.12
7.94
24.5
15.84
9.9
Return on Capital (%)
- -
70.34
86.9
77.8
37.47
14.96
42.04
26.96
19.32
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
- -
11.44%
8.76%
Free Cash Flow
- -
23.44%
45.35%
Net Income, GAAP
- -
36.94%
-19.66%
Sales/Revenue/Turnover
- -
24.53%
-8.74%
Total Cash Common Dividend
- -
19.35%
-33.33%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
2,956
2024
- -
- -
- -
- -
3,420
2025
- -
- -
- -
- -
3,121

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
1.73
2024
- -
- -
- -
- -
1.36
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.4
2024
- -
- -
- -
- -
0.6
2025
- -
- -
- -
- -
- -
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Business
JiaXing Gas Group Co., Ltd. (9908.HK) is a China-based piped natural gas operator primarily engaged in the sale and distribution of natural gas products and related services in Jiaxing City, Zhejiang Province; its core offerings include piped natural gas under concession agreements in Jiaxing urban and port areas, liquefied natural gas, liquefied petroleum gas, and compressed natural gas to residential, industrial, and commercial users; construction and installation services for end-user pipeline networks and gas facilities; natural gas transportation services; sales of gas equipment, vapor, chemical products, and construction materials; operation of natural gas refueling and hydrogen refueling stations; gas technology consulting; and property leasing. The company, founded in 1985 as Jiaxing City Gas Company and restructured in 1998 with headquarters at Building 3, Hualong Plaza, 32 Qinyi Road, Jiaxing, operates exclusively in Mainland China, serving property developers, residents, and non-residential customers through its subsidiaries including Jiaxing Gas Hong Kong and Jiaxing Jiaran Construction. In recent developments, the group completed a 6.5% equity acquisition in Yancheng Xingzhou Jiayuan Real Estate Development Co., Ltd. in December 2024 for increased shareholding to 26.5%, followed by a proposed January 2025 acquisition of an additional 13.5% stake for RMB89 million to reach 40% ownership and enhance control over real estate projects amid supportive government policies; it listed on the Hong Kong Stock Exchange in July 2020 and continues expanding into new energy facilities and hydrogen infrastructure.