Huzhou Gas Co., Ltd. Class H

Huzhou Gas Co., Ltd. Class H

HHKEX:6661
5.00
HKD
+0.06
(+1.11%)
1.09BMarket Cap
Huzhou Gas Co., Ltd. Class H
HKEX:6661
(Hong Kong Exchange)

Recent

price

5.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
CNY
8.15
7.11
9.29
14.77
12.01
11.7
11.23
- -
Revenue per Share
0.47
0.73
0.6
0.6
0.55
0.58
0.47
- -
Basic EPS, GAAP
0.46
1.2
1.06
0.46
0.27
0.35
0.26
- -
Free Cash Flow per Basic Share
- -
1.52
0.19
0.27
1.17
0.3
0.3
- -
Dividend per Share
4.12
4.12
4.72
5.58
5.83
6.11
6.27
6.11
Book Value per Share
3.44
3.48
4.12
4.97
5.31
5.62
5.83
5.62
Tangible Book Value per Share
200
200
200
175
203
203
203
203
Basic Weighted Avg Shares
1,630
1,422
1,859
2,579
2,436
2,373
2,276
- -
Sales/Revenue/Turnover
11.35
14.11
11.47
5.54
7.97
8.38
8.15
- -
Operating Margin (%)
52
55
59
67
70
74
81
- -
Depreciation Expense
95
146
120
104
111
118
95
- -
Net Income, GAAP
25.42
25.38
24.81
24.37
24.05
17.9
21.13
- -
Effective Tax Rate (%)
5.82
10.24
6.44
4.04
4.55
4.96
4.16
- -
Profit Margin (%)
92
116
165
352
354
361
30
361
Working Capital
- -
- -
1
8
19
38
47
38
LT Debt
885
922
1,018
1,197
1,278
1,335
1,373
1,335
Total Equity
- -
19.66
15.76
9.41
11.43
11.57
10.14
- -
Return on Invested Capital (%)
- -
10.96
7.59
7.26
4.8
5.12
3
- -
Return on Capital (%)
- -
17.67
13.54
10.03
9.59
9.74
7.54
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
1
1
1
LT Borrowings
- -
15
15
LT Finance Leases
19
19
24
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
203
203
203
Market Capitalization
1,106
1,056
1,028

Working Capital

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
1,005
1,031
968
Cash, Cash Equivalents & STI
858
918
859
Accounts Receivable, Net
41
33
38
Inventories
16
20
15
Total Current Liabilities
651
703
607
Payables & Accruals
- -
- -
- -
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
8.42%
2.83%
Free Cash Flow
- -
-20.72%
-26.66%
Net Income, GAAP
- -
-7.54%
-19.62%
Sales/Revenue/Turnover
- -
11.45%
-4.08%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
2,436
2024
- -
- -
2,373
2025
- -
- -
2,276

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.55
2024
- -
- -
0.58
2025
- -
- -
0.47

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1.17
2024
- -
- -
0.3
2025
- -
- -
0.3
Business
Huzhou Gas Co., Ltd. engages in the distribution of piped natural gas and liquefied natural gas in the People’s Republic of China, with related construction and installation services for end-user pipeline networks and gas facilities, and ancillary energy-related offerings. The company sells household gas appliances and related equipment, participates in distributed photovoltaic power initiatives, and conducts property leasing and solar power generation services; it operates primarily through domestic markets within China. Founded in 2004, the company is headquartered in Huzhou, Zhejiang Province, China, and operates across regional gas distribution networks, serving residential, commercial, and industrial customers. Main products and services - Piped natural gas distribution and liquefied natural gas supply to residential, commercial, and industrial customers - Construction and installation of end-user pipeline networks and gas facilities for property developers and property owners or occupants - Sale of household gas appliances and related equipment, including energy-related products - Energy-related services and equipment, including distributed photovoltaic power solutions - Leasing of properties and related real estate services - Solar power generation technology services and ancillary support Latest major company changes - Management and governance: in 2026, announces changes to the general manager position and related leadership adjustments, reflecting organizational realignment within the senior management team - Strategic partnerships and collaborations: discloses ongoing cooperation framework arrangements for bulk product sales with external city groups, including multi-project pipelines intended to expand customer reach and transaction volumes - Capital and asset developments: engages in property acquisitions and targeted land or property investments to support expansion of service capabilities and regional footprint - Operational expansion: pursues additional project opportunities in 2026 aimed at serving hundreds of households and increasing annual transaction value through new regional deployments and client contracts - Corporate structure and governance: reports on board and committee changes in 2025–2026, signaling ongoing governance optimization Additional context - Industry and segments: utilities – gas distribution and related energy services; ancillary services include appliance sales and renewable energy solutions - Target markets: primarily domestic Chinese markets, serving residential communities, commercial properties, and industrial facilities - Geography: operations concentrated in China with a nationwide distribution framework and regional assets; headquarters in Huzhou, Zhejiang - Ownership structure: operates as a joint stock company with connections to various domestic partners and project-based collaborations - Subsidiaries/affiliates: maintains relationships with property developers and city groups through cooperation agreements; governance reflects parent or holding-style arrangements within its listed corporate structure