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Binhai Investment Company Limited (2886.HK)

HKD1.06 +0.04 (+3.92%)
HK HKSE Utilities Regulated Gas
Address Tower Two
Causeway Bay, HK
CEO Wang Zhang
Website binhaiinv.com
IPO 2000-03-16
ISIN BMG1118Y1214

Explore sections of this company profile

Description

Binhai Investment Company Limited operates as an investment holding enterprise, primarily engaged in Hong Kong's energy sector. The company's core activities include establishing gas pipeline infrastructure, offering connection services, and distributing both liquefied petroleum gas (LPG) and natural gas delivered via pipelines. Its business is segmented across several areas: the sale of piped natural gas, gas pipeline construction and installation services, gas transmission services, and the distribution of bottled natural gas. Leveraging its expansive pipeline network, Binhai Investment provides gas supplies to a wide range of customers, including residential households and industrial facilities. Additionally, the company constructs gas pipelines and furnishes installation services to commercial and industrial clients, as well as property developers and management companies. By the close of 2021, its gas pipeline network spanned an impressive 3,574 kilometers. Beyond its energy operations, Binhai Investment also holds interests in property development. The company was established in 1994 and maintains its principal office in Causeway Bay, Hong Kong.

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
HKD1.06 +0.04 (+3.92%)
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Volume Profile
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Liquidity & share structure
Average Volume
313.1K
Beta
0.32
Float Shares
797.20M
Free Float %
58.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.94% +0.00% -9.32% -2.73% -2.73% -9.32% +7.00% -32.28% -25.69% -52.23% -84.71%
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
1.06
Ratings Trend (MoM) 0% Bullish
Rating 2025-07 Change
Strong Buy 0 0
Buy 0 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.99
Grey zone
Piotroski F-Score
5 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • ✗
    Revenue growth Regulated Gas: +4.9%
    -9.5% Q4'25: -18.6% (vs Q4'23)
  • ✓
    EPS growth Regulated Gas: +13.8%
    +0.0% Q4'25: -63.1% (vs Q4'23)
  • ✓
    FCF margin FCF growth · Regulated Gas: +30.8%
    +4.5% Q4'25: +12.0% (vs Q4'23)
  • ✗
    EBIT margin Regulated Gas: +12.9%
    +3.9% Q4'25: +1.4% (vs Q4'23)
  • ✗
    ROIC Regulated Gas: +4.7%
    +3.1% Q4'25: +1.8% (vs Q4'23)
  • ✗
    Share dilution Regulated Gas: 0.0%
    +0.4% Q4'25: +0.2% (vs Q4'23)
  • ✗
    Debt / EBITDA Net debt/EBITDA · Regulated Gas: 2.21×
    6.72× Q4'25: 4.88× (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 (0.32) × ERP
WACC = 33% × Ke + 67% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Current price: 1.06
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 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.
Revenue
2.23B
est: 2.13B (+4.4%)
2.55B
est: 3.19B (-19.9%)
2.15B
est: 2.33B (-8.1%)
2.75B
est: 2.51B (+9.6%)
3.31B
est: 3.27B (+1.2%)
3.56B
est: 3.69B (-3.6%)
3.65B
est: 4.09B (-10.6%)
4.84B
est: 4.71B (+2.8%)
6.10B
est: 5.85B (+4.4%)
6.41B
est: 6.26B (+2.3%)
6.20B
est: 6.59B (-6.0%)
5.61B
est: 6.32B (-11.3%)
6.58B
6.58B – 6.58B
+4.1% YoY
EBITDA
370.20M
est: 291.52M (+27.0%)
411.37M
est: 435.67M (-5.6%)
408.85M
est: 318.83M (+28.2%)
479.85M
est: 342.12M (+40.3%)
425.02M
est: 446.59M (-4.8%)
425.55M
est: 504.09M (-15.6%)
709.57M
est: 558.17M (+27.1%)
781.95M
est: 643.40M (+21.5%)
699.62M
est: 798.54M (-12.4%)
728.45M
est: 581.86M (+25.2%)
612.73M
est: 747.23M (-18.0%)
438.19M
est: 716.30M (-38.8%)
745.44M
745.44M – 745.44M
+4.1% YoY
EBIT
307.19M
est: 211.81M (+45.0%)
410.98M
est: 316.54M (+29.8%)
326.80M
est: 231.65M (+41.1%)
374.83M
est: 248.57M (+50.8%)
320.44M
est: 324.48M (-1.2%)
283.02M
est: 366.25M (-22.7%)
536.86M
est: 405.55M (+32.4%)
591.42M
est: 621.95M (-4.9%)
498.31M
est: 580.19M (-14.1%)
506.94M
est: 808.84M (-37.3%)
411.00M
est: 511.71M (-19.7%)
218.37M
est: 490.52M (-55.5%)
510.48M
510.48M – 510.48M
+4.1% YoY
Net Income
135.72M
est: 163.37M (-16.9%)
198.86M
est: 340.12M (-41.5%)
172.23M
est: 205.34M (-16.1%)
221.42M
est: 383.31M (-42.2%)
104.05M
est: 302.54M (-65.6%)
119.62M
est: 262.84M (-54.5%)
354.90M
est: 320.33M (+10.8%)
399.66M
est: 558.53M (-28.4%)
325.83M
est: 472.29M (-31.0%)
256.61M
est: 390.88M (-34.4%)
199.78M
est: 398.52M (-49.9%)
206.15M
est: 229.50M (-10.2%)
269.35M
269.35M – 269.35M
+17.4% YoY
SGA
167.51M
est: 106.54M (+57.2%)
162.55M
est: 159.21M (+2.1%)
156.42M
est: 116.52M (+34.2%)
195.15M
est: 125.03M (+56.1%)
211.25M
est: 163.21M (+29.4%)
262.12M
est: 184.22M (+42.3%)
161.75M
est: 203.98M (-20.7%)
336.00M
est: 235.13M (+42.9%)
284.10M
est: 291.83M (-2.6%)
350.19M
est: 470.67M (-25.6%)
215.02M
est: 321.67M (-33.2%)
217.10M
est: 308.35M (-29.6%)
320.90M
320.90M – 320.90M
+4.1% YoY
EPS
0.12
est: 0.12 (+0.6%)
0.17
est: 0.25 (-31.6%)
0.15
est: 0.15 (+0.0%)
0.19
est: 0.28 (-32.1%)
0.09
est: 0.22 (-59.9%)
0.10
est: 0.19 (-47.9%)
0.29
est: 0.23 (+23.9%)
0.30
est: 0.41 (-26.5%)
0.24
est: 0.35 (-30.4%)
0.19
est: 0.22 (-15.2%)
0.15
est: 0.29 (-48.3%)
0.15
est: 0.17 (-10.2%)
0.20
0.20 – 0.20
+17.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-28 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-27 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-26 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-22 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-21 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-20 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-19 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-18 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-15 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-14 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-13 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-12 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-11 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-08 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-07 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-06 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-05 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-04 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-04-30 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-04-29 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-28 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-27 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-24 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-23 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-22 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-21 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-20 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-17 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-16 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
652.76M
OE per share TTM
0.49
Owner's Yield
45.45%
Maintenance CapEx ratio
221.94%
Maint CapEx / Avg PPE
110.0%

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 2 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.00% 77.1K 0.39%
2 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 36.9K 0.28%

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
125.1K
Shares Outstanding
1.37B

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
Liang Gao Chief Executive, GM, Compliance Officer & Executive Director 2M male
Wang Zhang Executive Chairman 425.3K male
Xin Wang Executive Vice Chairman 425.3K male
Zhang Wang Chairman & Executive Director 10.0K male
Fu Gang Yin Deputy GM & Secretary to the Board — male
Yan Xu Deputy GM & Chief Financial Officer — male
Wai Yin Yip Company Secretary — 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

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