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Tian Lun Gas Holdings Limited (1600.HK)

HKD2.74 -0.01 (-0.36%)
CN HKSE Utilities Regulated Gas
Address Tian Lun Group Building 450003
Zhengzhou, CN
CEO Zhenyuan Xian
IPO 2010-11-10
ISIN KYG843961031

Explore sections of this company profile

Description

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.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
HKD2.74 -0.01 (-0.36%)
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Volume Profile
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Liquidity & share structure
Average Volume
667.9K
Beta
0.56
Float Shares
126.86M
Free Float %
13.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.36% -1.07% -2.46% +0.00% -11.22% -19.71% -2.46% -54.52% -66.34% -50.45% +28.84%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
2.74
DCF (Unlevered) 14.54 +430.5%
DCF (Levered) 12.43 +353.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2025-10 Change
Strong Buy 1 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.03
Grey zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
5 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
1 / 5
Low
ROA Score
2 / 5
Medium
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Regulated Gas: +4.9%
    +2.0% Q4'25: -1.7% (vs Q4'23)
  • EPS growth Regulated Gas: +13.8%
    -87.1% Q4'25: -128.1% (vs Q4'23)
  • FCF margin FCF growth · Regulated Gas: +30.8%
    +1.8% Q4'25: +16.9% (vs Q4'23)
  • EBIT margin Regulated Gas: +12.9%
    +5.6% Q4'25: +2.1% (vs Q4'23)
  • ROIC Regulated Gas: +4.7%
    +2.3% Q4'25: +2.7% (vs Q4'23)
  • Share dilution Regulated Gas: 0.0%
    +0.0% Q4'25: 0.0% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Regulated Gas: 2.21×
    8.69× Q4'25: 6.83× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.57) × ERP
WACC = 25% × Ke + 75% × Kd (5.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 14.57 Current price: 2.74
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2011
actual
Dec 2013
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Revenue
450.93M
est: 528.81M (-14.7%)
911.94M
est: 910.45M (+0.2%)
2.25B
est: 2.22B (+1.4%)
2.69B
est: 3.45B (-22.0%)
3.11B
est: 3.77B (-17.5%)
5.11B
est: 5.34B (-4.3%)
6.55B
est: 7.23B (-9.4%)
6.44B
est: 8.05B (-20.0%)
7.65B
est: 9.15B (-16.4%)
7.54B
est: 8.41B (-10.3%)
7.73B
est: 7.06B (+9.4%)
7.78B
est: 7.80B (-0.3%)
7.94B
est: 7.73B (+2.6%)
8.50B
8.50B – 8.50B
+9.9% YoY
9.06B
9.06B – 9.06B
+6.5% YoY
EBITDA
153.26M
est: 111.32M (+37.7%)
296.93M
est: 187.89M (+58.0%)
621.42M
est: 467.33M (+33.0%)
727.13M
est: 727.12M (+0.0%)
809.31M
est: 731.77M (+10.6%)
1.44B
est: 992.87M (+44.8%)
1.70B
est: 1.14B (+49.0%)
1.80B
est: 1.08B (+65.8%)
1.81B
est: 1.20B (+50.5%)
1.37B
est: 1.30B (+5.2%)
1.46B
est: 1.23B (+18.5%)
1.30B
est: 1.36B (-4.9%)
793.62M
est: 1.35B (-41.3%)
1.49B
1.49B – 1.49B
+9.9% YoY
1.58B
1.58B – 1.58B
+6.5% YoY
EBIT
130.75M
est: 88.54M (+47.7%)
254.40M
est: 149.43M (+70.2%)
484.38M
est: 371.68M (+30.3%)
559.26M
est: 578.30M (-3.3%)
626.29M
est: 786.87M (-20.4%)
1.23B
est: 932.06M (+32.0%)
1.46B
est: 1.53B (-4.6%)
1.54B
est: 1.49B (+2.8%)
1.49B
est: 1.65B (-9.7%)
1.03B
est: 1.80B (-42.6%)
1.11B
est: 924.56M (+19.8%)
957.53M
est: 1.02B (-6.2%)
443.51M
est: 1.01B (-56.2%)
1.11B
1.11B – 1.11B
+9.9% YoY
1.19B
1.19B – 1.19B
+6.5% YoY
Net Income
82.73M
est: 113.16M (-26.9%)
168.95M
est: 142.38M (+18.7%)
284.24M
est: 346.97M (-18.1%)
313.38M
est: 376.23M (-16.7%)
404.25M
est: 511.99M (-21.0%)
569.14M
est: 591.60M (-3.8%)
789.18M
est: 796.26M (-0.9%)
1.04B
est: 821.99M (+26.9%)
1.00B
est: 909.83M (+10.0%)
444.60M
est: 460.14M (-3.4%)
479.56M
est: 395.44M (+21.3%)
300.99M
est: 581.22M (-48.2%)
38.63M
est: 309.97M (-87.5%)
371.86M
371.86M – 371.86M
+20.0% YoY
432.17M
432.17M – 432.17M
+16.2% YoY
SGA
55.98M
est: 21.35M (+162.3%)
78.89M
est: 36.03M (+119.0%)
132.65M
est: 89.61M (+48.0%)
140.75M
est: 139.42M (+1.0%)
163.51M
est: 346.69M (-52.8%)
208.27M
est: 239.29M (-13.0%)
253.99M
est: 291.38M (-12.8%)
252.73M
est: 264.55M (-4.5%)
274.87M
est: 292.81M (-6.1%)
310.83M
est: 318.36M (-2.4%)
325.63M
est: 294.74M (+10.5%)
336.83M
est: 325.52M (+3.5%)
365.59M
est: 322.75M (+13.3%)
354.74M
354.74M – 354.74M
+9.9% YoY
377.85M
377.85M – 377.85M
+6.5% YoY
EPS
0.10
est: 0.12 (-14.4%)
0.20
est: 0.15 (+32.7%)
0.30
est: 0.36 (-16.2%)
0.31
est: 0.39 (-20.2%)
0.41
est: 0.46 (-11.8%)
0.58
est: 0.75 (-22.3%)
0.80
est: 0.98 (-18.3%)
1.04
est: 1.03 (+1.4%)
1.00
est: 1.28 (-21.9%)
0.45
est: 0.65 (-30.7%)
0.49
est: 0.41 (+20.1%)
0.31
est: 0.60 (-48.3%)
0.04
est: 0.32 (-87.5%)
0.38
0.38 – 0.38
+20.0% YoY
0.45
0.45 – 0.45
+16.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B 3/5 4/5 1/5 2/5 3/5 1/5 5/5
2026-05-28 B 3/5 4/5 1/5 2/5 3/5 1/5 5/5
2026-05-27 B 3/5 4/5 1/5 2/5 3/5 1/5 5/5
2026-05-26 B 3/5 4/5 1/5 2/5 3/5 1/5 5/5
2026-05-22 B 3/5 4/5 1/5 2/5 3/5 1/5 5/5
2026-05-21 B 3/5 4/5 1/5 2/5 3/5 1/5 5/5
2026-05-20 B 3/5 4/5 1/5 2/5 3/5 1/5 5/5
2026-05-19 B 3/5 4/5 1/5 2/5 3/5 1/5 5/5
2026-05-18 B 3/5 4/5 1/5 2/5 3/5 1/5 5/5
2026-05-15 B 3/5 4/5 1/5 2/5 3/5 1/5 5/5
2026-05-14 B 3/5 4/5 1/5 2/5 3/5 1/5 5/5
2026-05-13 B 3/5 4/5 1/5 2/5 3/5 1/5 5/5
2026-05-12 B 3/5 4/5 1/5 2/5 3/5 1/5 5/5
2026-05-11 B 3/5 5/5 1/5 2/5 3/5 1/5 5/5
2026-05-08 B- 3/5 4/5 1/5 2/5 2/5 1/5 5/5
2026-05-07 B- 3/5 4/5 1/5 2/5 2/5 1/5 5/5
2026-05-06 B- 3/5 4/5 1/5 2/5 2/5 1/5 5/5
2026-05-05 B- 3/5 4/5 1/5 2/5 2/5 1/5 5/5
2026-05-04 B- 3/5 4/5 1/5 2/5 2/5 1/5 5/5
2026-04-30 B 3/5 4/5 1/5 3/5 2/5 1/5 5/5
2026-04-29 B 3/5 4/5 1/5 3/5 2/5 1/5 5/5
2026-04-28 B 3/5 4/5 1/5 3/5 2/5 1/5 5/5
2026-04-27 B 3/5 4/5 1/5 3/5 2/5 1/5 5/5
2026-04-24 B 3/5 4/5 1/5 4/5 2/5 1/5 5/5
2026-04-23 B 3/5 4/5 1/5 4/5 2/5 1/5 4/5
2026-04-22 B 3/5 4/5 1/5 4/5 2/5 1/5 4/5
2026-04-21 B 3/5 4/5 1/5 4/5 2/5 1/5 5/5
2026-04-20 B 3/5 4/5 1/5 4/5 2/5 1/5 5/5
2026-04-17 B 3/5 4/5 1/5 4/5 2/5 1/5 5/5
2026-04-16 B 3/5 4/5 1/5 4/5 2/5 1/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.49B
OE per share TTM
1.53
Owner's Yield
55.41%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
51.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 6 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
144.9K
Shares Outstanding
958.83M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Zhenyuan Xian CEO & GM 766.2K male
Tao Li Deputy GM & Executive Director 582.4K female
Baixuan Zhang Executive Director 439.1K female
Hui Xiao Executive Director 439.1K male
Tak Kei Tam Company Secretary male
Ran You Investor Relations Director
Wei Dai Chief Strategy Officer and Deputy GM & GM of Hong Kong Office male
Weidong Xu Deputy General Manager male
Linxiong Zhang Chairman of Baiyin Region, Huzhu & Datong Region male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits