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Tian Lun Gas Holdings Limited logo

Tian Lun Gas Holdings Limited

1600.HK

HKSEUtilitiesRegulated Gas

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Latest quote

HK$2.65

HK$0.00 · 0.00%

Aug 24, 4:08 PM HKT

1600.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Tian Lun Gas Holdings Limited, alongside its subsidiaries, primarily operates in the People's Republic of China, concentrating on the transport, distribution, and retail of natural gas and compressed natural gas through its extensive pipeline network. The company offers a full spectrum of services related to gas pipeline infrastructure, including their design, construction, laying, installation, and ongoing maintenance. Beyond its core gas supply business, Tian Lun Gas also builds and manages gas filling stations, manufactures and sells liquefied natural gas in both bulk and cylinder formats, and trades in natural gas equipment. Furthermore, the firm provides engineering design and consulting, engages in new energy technology development, and offers vehicle gas refueling services. Its activities also encompass electricity generation, supply, and sale, strategic equity and asset investments, and the sale of urban gas and associated appliances. These services cater to a wide range of customers, spanning residential users, the automotive sector, commercial clients, and industrial operations. Established in 2002 and headquartered in Zhengzhou, PRC, the company adopted its current name in September 2021, having previously been known as China Tian Lun Gas Holdings Limited. Tian Lun Gas Holdings Limited operates as a subsidiary of Tian Lun Group Limited.

Industry
Regulated Gas
Sector
Utilities
Headquarters
CN
CEO
Zhenyuan Xian
Listed since
Nov 10, 2010
Employees
3,060

Market position

Day range

Current HK$2.65

52-week range

Current HK$2.65

Open
HK$2.62
Previous close
HK$2.65
Volume
26.5K
0.04× average
Average volume
604.5K
Average daily volume
Market cap
2.54B HKD
Beta
0.55
Market reference 1
50-day average
HK$2.7182
-2.51% below average
200-day average
HK$2.8705
-7.68% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
8.52B CNY
P/E (TTM)
63.64×
P/B (TTM)
0.38×
P/S (TTM)
0.27×
EV / EBITDA
10.74×
Earnings yield
1.29%
Free cash flow yield
12.68%
Dividend yield
4.30%

Profitability & efficiency

Gross margin
14.04%
Operating margin
5.60%
Net margin
0.49%
Return on equity
0.66%
Return on assets
0.25%
Return on invested capital
1.63%

Financial health

Debt / equity
1.18×
Current ratio
1.51×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends26%16%7%-2%Gross margin, FY2021: 23.26%Gross margin, FY2022: 18.47%Gross margin, FY2023: 18.81%Gross margin, FY2024: 17.16%Gross margin, FY2025: 14.04%Operating margin, FY2021: 20.93%Operating margin, FY2022: 12.42%Operating margin, FY2023: 13.43%Operating margin, FY2024: 11.23%Operating margin, FY2025: 5.60%Net margin, FY2021: 13.08%Net margin, FY2022: 5.89%Net margin, FY2023: 6.21%Net margin, FY2024: 3.87%Net margin, FY2025: 0.49%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 23.26%. Gross margin FY2022 18.47%. Gross margin FY2023 18.81%. Gross margin FY2024 17.16%. Gross margin FY2025 14.04%. Operating margin FY2021 20.93%. Operating margin FY2022 12.42%. Operating margin FY2023 13.43%. Operating margin FY2024 11.23%. Operating margin FY2025 5.60%. Net margin FY2021 13.08%. Net margin FY2022 5.89%. Net margin FY2023 6.21%. Net margin FY2024 3.87%. Net margin FY2025 0.49%.

Income trends

Revenue

7.94B CNY+2.01%

Operating income

444.61M CNY-49.10%

Net income

38.63M CNY-87.17%
Income trends across reported periods8.73B CNY5.57B CNY2.41B CNY−751.26M CNYRevenue, FY2021: 7.65B CNYRevenue, FY2022: 7.54B CNYRevenue, FY2023: 7.73B CNYRevenue, FY2024: 7.78B CNYRevenue, FY2025: 7.94B CNYOperating income, FY2021: 1.6B CNYOperating income, FY2022: 936.81M CNYOperating income, FY2023: 1.04B CNYOperating income, FY2024: 873.54M CNYOperating income, FY2025: 444.61M CNYNet income, FY2021: 1B CNYNet income, FY2022: 444.6M CNYNet income, FY2023: 479.56M CNYNet income, FY2024: 300.99M CNYNet income, FY2025: 38.63M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 7.65B CNY. Revenue FY2022 7.54B CNY. Revenue FY2023 7.73B CNY. Revenue FY2024 7.78B CNY. Revenue FY2025 7.94B CNY. Operating income FY2021 1.6B CNY. Operating income FY2022 936.81M CNY. Operating income FY2023 1.04B CNY. Operating income FY2024 873.54M CNY. Operating income FY2025 444.61M CNY. Net income FY2021 1B CNY. Net income FY2022 444.6M CNY. Net income FY2023 479.56M CNY. Net income FY2024 300.99M CNY. Net income FY2025 38.63M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue7.94B CNY7.78B CNY7.73B CNY7.54B CNY7.65B CNY
Cost of goods sold6.82B CNY6.45B CNY6.27B CNY6.15B CNY5.87B CNY
Gross profit1.11B CNY1.34B CNY1.45B CNY1.39B CNY1.78B CNY
Selling, general, and administrative365.59M CNY336.83M CNY325.63M CNY310.83M CNY274.87M CNY
Operating expenses669.86M CNY461.68M CNY415.16M CNY456.1M CNY178.01M CNY
Interest income2.76M CNY13.77M CNY9.43M CNY11.54M CNY7.73M CNY
Interest expense365.78M CNY392.79M CNY391.24M CNY324.96M CNY228.45M CNY
Depreciation and amortization350.12M CNY338.22M CNY354.78M CNY339.06M CNY311.51M CNY
Operating income444.61M CNY873.54M CNY1.04B CNY936.81M CNY1.6B CNY
Net income38.63M CNY300.99M CNY479.56M CNY444.6M CNY1B CNY

Company facts updated Aug 24, 2026.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.157

2025 complete year-55.1% since 2021

2026 partial: HK$0.064

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend May 20, 2026

HK$0.064

Semi-Annual

Record May 21, 2026 · Payment Jun 12, 2026

Dividend

Ex-dividend Oct 22, 2025

HK$0.05

Semi-Annual

Record Oct 23, 2025 · Payment Nov 28, 2025

Dividend

Ex-dividend Jun 2, 2025

HK$0.107

Semi-Annual

Record Jun 3, 2025 · Payment Jun 20, 2025

Dividend

Ex-dividend Oct 24, 2024

HK$0.0517

Semi-Annual

Record Oct 25, 2024 · Payment Nov 29, 2024

Dividend

Ex-dividend May 31, 2024

HK$0.119

Semi-Annual

Record Jun 3, 2024 · Payment Jun 21, 2024

Dividend

Ex-dividend Oct 24, 2023

HK$0.0743

Semi-Annual

Record Oct 25, 2023 · Payment Nov 30, 2023

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ETFs holding 1600.HK

Funds reporting this stock among their holdings, ordered by reported position size.

WisdomTree Emerging Markets High Dividend Fund logoWisdomTree Emerging Markets High Dividend FundDEM
Market value
979.29K
Weight
0.03%
AUM
3.93B USD
Expense ratio
0.63%
Price / 1D
$55.08+0.95%
WisdomTree Emerging Markets SmallCap Dividend Fund logoWisdomTree Emerging Markets SmallCap Dividend FundDGS
Market value
181.64K
Weight
0.01%
AUM
1.74B USD
Expense ratio
0.58%
Price / 1D
$63.34+0.17%
Dimensional - Emerging Markets Core Equity 2 ETF logoDimensional - Emerging Markets Core Equity 2 ETFDFEM
Market value
44.95K
Weight
0.00%
AUM
9.49B USD
Expense ratio
0.39%
Price / 1D
$39.93+0.50%

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