1. China Stocks

  2. •

    Utilities

  3. •

    Gas distributors
JY Gas Ltd.

JY Gas Ltd.

HHKEX:1407
0.60
HKD
0.00
(0.00%)
176.00MMarket Cap
JY Gas Ltd.
HKEX:1407
(Hong Kong Exchange)

Recent

price

0.60

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
CNY
0.81
0.79
1
1.38
0.92
0.84
0.76
- -
Revenue per Share
0.08
0.11
0.15
0.15
0.06
0.07
0.06
- -
Basic EPS, GAAP
0.14
0.28
0.04
0.07
0.07
0.03
0.02
- -
Free Cash Flow per Basic Share
- -
- -
0.3
- -
0.04
0.03
0.03
- -
Dividend per Share
0.07
0.3
0.21
0.62
0.64
0.68
0.71
0.68
Book Value per Share
0.04
0.27
0.18
0.58
0.6
0.63
0.68
0.63
Tangible Book Value per Share
440
440
440
344
440
440
440
440
Basic Weighted Avg Shares
354
348
441
476
403
370
335
- -
Sales/Revenue/Turnover
19.15
22.99
20.76
14.02
9.65
9.55
11.68
- -
Operating Margin (%)
8
9
9
10
12
13
13
- -
Depreciation Expense
35
50
68
51
25
30
28
- -
Net Income, GAAP
26.17
25.47
25.28
27.69
30.19
27.07
27.96
- -
Effective Tax Rate (%)
9.94
14.39
15.31
10.68
6.08
8.1
8.49
- -
Profit Margin (%)
-137
-40
-101
54
66
86
111
86
Working Capital
2
2
2
2
2
2
11
2
LT Debt
45
145
109
289
297
314
329
314
Total Equity
- -
10.06
24.8
21.2
7.1
8.4
7.73
- -
Return on Invested Capital (%)
- -
10.45
26.58
22.13
7.49
9.06
7.84
- -
Return on Capital (%)
- -
61.86
59.77
27.57
8.84
10.37
9.3
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
40
70
60
LT Borrowings
- -
- -
- -
LT Finance Leases
2
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
440
440
440
Market Capitalization
224
166
165

Working Capital

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
302
315
338
Cash, Cash Equivalents & STI
137
236
224
Accounts Receivable, Net
55
53
72
Inventories
10
12
9
Total Current Liabilities
236
255
252
Payables & Accruals
- -
- -
- -
ST Debt
40
70
60
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
30.64%
4.9%
Free Cash Flow
- -
-24.79%
-35.5%
Net Income, GAAP
- -
-4.95%
-5.42%
Sales/Revenue/Turnover
- -
0.31%
-9.67%
Total Cash Common Dividend
- -
- -
15%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
403
2024
- -
- -
370
2025
- -
- -
335

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.06
2024
- -
- -
0.07
2025
- -
- -
0.06

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.04
2024
- -
- -
0.03
2025
- -
- -
0.03
Similar Companies
GAIL (India) Limited (NSE:GAIL)
Petronet Lng Limited (NSE:PETRONET)
Enerya Enerji A.S. (BIST:ENERY)
Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim AS (BIST:AHGAZ)
Adani Total Gas Ltd. (NSE:ATGL)
Aygaz Anonim Sirketi (BIST:AYGAZ)
Business
Jy Gas Limited (1407.HK) is an investment holding company engaged in the sale and distribution of natural gas primarily in Gaomi City, Weifang Municipality, Shandong Province, People's Republic of China. The company offers piped natural gas to residential, industrial, commercial and wholesale customers; compressed natural gas and liquefied natural gas at its refuelling stations; construction and installation services for pipelines and gas infrastructure to property developers and end-users; and gas-burning appliances including gas stoves, wall-hung gas boilers and water heaters to property owners and occupiers. It also engages in international trading activities and operates an urban pipeline network of approximately 789 kilometres of mid-pressure pipelines under an exclusive 30-year concession covering about 70% of Gaomi City's administrative area, serving 154,854 residential, 374 industrial and 5,131 commercial piped natural gas end-users as of December 2024. Founded in 2003 and headquartered in Gaomi City, the company focuses on the regulated gas utilities sector with 154 employees and targets retail and wholesale customers in its operating area. In 2024, Jy Gas received insurance compensation related to a prior natural gas explosion incident, recorded a gain from the disposal of shares in Seacon Shipping Group Holdings Limited, closed one low-margin gas refuelling station in October, advanced government-subsidised clean energy projects connecting over 5,500 rural households to its network using IPO proceeds, extended the timeline for utilisation of remaining net proceeds from its 2022 listing to 2026 for pipeline expansions, upgrades and meter replacements, declared a final dividend of HK$0.037 per share for the year ended 31 December 2024, and reported revenue of RMB370.4 million with net profit attributable to owners of RMB30.0 million despite economic challenges impacting industrial demand.