Stock 601139 SHENZHEN GAS CORPORATION LTD.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Shenzhen Gas Corporation Ltd.

Equities

601139

CNE100000JM1

Natural Gas Utilities

End-of-day quote Shanghai S.E.
Other stock markets
 23:00:00 29/04/2024 BST 		5-day change 1st Jan Change
7.5 CNY +0.40% Intraday chart for Shenzhen Gas Corporation Ltd. -1.96% +8.85%
04-12 Shenzhen Gas Corporation Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
04-01 Shenzhen Gas's 2023 Profit Rises 18% MT

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 22,351 20,828 25,402 18,814 19,821 21,576 - -
Enterprise Value (EV) 1 24,428 20,849 26,539 22,338 21,785 22,650 21,855 21,576
P/E ratio 21.2 x 15.7 x 18.8 x 15.6 x 14.7 x 11.8 x 10.1 x 9.33 x
Yield 2.3% 2.9% 1.81% 1.99% 2.32% 2.75% 3.3% 3.44%
Capitalization / Revenue 1.59 x 1.39 x 1.19 x 0.63 x 0.64 x 0.63 x 0.59 x 0.57 x
EV / Revenue 1.74 x 1.39 x 1.24 x 0.74 x 0.7 x 0.66 x 0.6 x 0.57 x
EV / EBITDA 12.3 x 8.27 x 9.69 x 7.71 x 6.52 x 5.78 x 4.66 x 4.29 x
EV / FCF 16,737,137 x - - - - - - -
FCF Yield 0% - - - - - - -
Price to Book 2.04 x 1.76 x 2.05 x 1.43 x 1.36 x 1.36 x 1.24 x 1.14 x
Nbr of stocks (in thousands) 2,854,597 2,876,768 2,876,768 2,876,768 2,876,730 2,876,735 - -
Reference price 2 7.830 7.240 8.830 6.540 6.890 7.500 7.500 7.500
Announcement Date 09/01/20 11/01/21 09/01/22 10/01/23 11/01/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 14,025 15,015 21,415 30,062 30,929 34,110 36,651 37,978
EBITDA 1 1,991 2,520 2,740 2,898 3,339 3,920 4,686 5,030
EBIT 1 1,329 1,662 1,847 1,632 1,891 2,404 2,783 2,978
Operating Margin 9.47% 11.07% 8.63% 5.43% 6.11% 7.05% 7.59% 7.84%
Earnings before Tax (EBT) 1 1,324 1,684 1,834 1,657 1,883 2,417 2,799 2,997
Net income 1 1,058 1,321 1,354 1,222 1,440 1,834 2,132 2,314
Net margin 7.54% 8.8% 6.32% 4.07% 4.66% 5.38% 5.82% 6.09%
EPS 2 0.3700 0.4600 0.4700 0.4200 0.4700 0.6373 0.7424 0.8043
Free Cash Flow 1,460 - - - - - - -
FCF margin 10.41% - - - - - - -
FCF Conversion (EBITDA) 73.31% - - - - - - -
FCF Conversion (Net income) 137.97% - - - - - - -
Dividend per Share 2 0.1800 0.2100 0.1600 0.1300 0.1600 0.2061 0.2477 0.2584
Announcement Date 09/01/20 11/01/21 09/01/22 10/01/23 11/01/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 6,842 6,786 - 7,746 7,517 7,578 7,645 - 6,863 8,330 8,685 8,428 8,886 8,965
EBITDA 538.5 - - 668.5 - - - - - - - - - -
EBIT 294.6 - - 458.7 292.3 - - - - - - - - -
Operating Margin 4.31% - - 5.92% 3.89% - - - - - - - - -
Earnings before Tax (EBT) 275.5 - - 462.7 311.4 - - - - - - - - -
Net income 150.1 - - 323.3 360.2 - - - - - - - - -
Net margin 2.19% - - 4.17% 4.79% - - - - - - - - -
EPS 0.0500 - - 0.1100 0.1200 - - - - - - - - -
Dividend per Share 2 0.1600 - - - 0.1300 - - - - - - 0.2694 - -
Announcement Date 09/01/22 27/04/22 10/07/22 11/10/22 10/01/23 27/04/23 28/08/23 11/10/23 26/04/24 - - - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,076 21.4 1,137 3,523 1,964 1,074 279 -
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.043 x 0.008504 x 0.4151 x 1.216 x 0.5882 x 0.2741 x 0.0596 x -
Free Cash Flow 1,460 - - - - - - -
ROE (net income / shareholders' equity) 10.5% 11.6% 11.3% 9.65% 10.5% 11.7% 12.1% 11.9%
ROA (Net income/ Total Assets) 4.93% 5.42% 4.47% 2.94% - 3.9% 4.06% 4.12%
Assets 1 21,466 24,367 30,266 41,543 - 47,017 52,505 56,170
Book Value Per Share 2 3.830 4.110 4.300 4.570 5.060 5.510 6.040 6.570
Cash Flow per Share 2 0.8500 1.050 0.4600 0.5700 0.8800 1.380 1.190 1.540
Capex 1 986 858 2,181 2,593 3,947 3,932 2,930 2,853
Capex / Sales 7.03% 5.71% 10.19% 8.62% 12.76% 11.53% 7.99% 7.51%
Announcement Date 09/01/20 11/01/21 09/01/22 10/01/23 11/01/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Shenzhen Gas Corporation Ltd.

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
9
Last Close Price
7.5 CNY
Average target price
8.833 CNY
Spread / Average Target
+17.78%
Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Natural Gas Distribution

1st Jan change Capi.
SHENZHEN GAS CORPORATION LTD. Stock Shenzhen Gas Corporation Ltd.
+8.85% 2.98B
THE HONG KONG AND CHINA GAS CO LTD Stock The Hong Kong and China Gas Co Ltd
+1.34% 14.25B
ENN ENERGY HOLDINGS LIMITED Stock ENN Energy Holdings Limited
+23.74% 10.01B
KUNLUN ENERGY COMPANY LIMITED Stock Kunlun Energy Company Limited
+3.55% 8.08B
ENN NATURAL GAS CO.,LTD. Stock ENN Natural Gas Co.,Ltd.
+7.37% 7.68B
CHINA RESOURCES GAS GROUP LIMITED Stock China Resources Gas Group Limited
-2.73% 7.31B
GRUPO ENERGÍA BOGOTÁ S.A. E.S.P. Stock Grupo Energía Bogotá S.A. E.S.P.
+35.79% 5.95B
SOUTHWEST GAS HOLDINGS, INC. Stock Southwest Gas Holdings, Inc.
+19.02% 5.4B
NEW FORTRESS ENERGY INC. Stock New Fortress Energy Inc.
-29.34% 5.3B
UGI CORPORATION Stock UGI Corporation
-2.52% 5.08B
Natural Gas Distribution
  1. Stock Market
  2. Equities
  3. 601139 Stock
  4. Financials Shenzhen Gas Corporation Ltd.