Main Industries:

1. Natural gas distribution
2. Liquefied gas distribution
3. Construction of gas infrastructure

TOP 3 Markets and their Percentage Shares:

1. Mainland China: approx. 80%
2. Hong Kong: approx. 10%
3. Other Asian Markets: approx. 10%

China Gas Holdings Limited generates the majority of its revenue from the distribution of natural gas and liquefied gas, with the construction of gas infrastructure also making a significant contribution. The main market is mainland China, which accounts for the largest share of revenue. Hong Kong and other Asian markets also contribute to revenue, but to a much lesser extent. This distribution reflects the company's strategic focus on the domestic market while also seeking to expand its presence in other Asian markets.

Production Sites: China (various provinces)

China Gas Holdings Limited operates mainly in the People's Republic of China. The company runs its production facilities and infrastructure in various provinces of China to ensure the supply of natural gas and other energy services. The exact distribution of production sites may change depending on strategic decisions and infrastructure projects, but the focus remains on the Chinese market.

Growth Strategy:

1. Diversification of Energy Sources: China Gas Holdings Limited plans to diversify its energy sources by increasing investments in renewable energies such as wind and solar power. This is intended to reduce dependence on fossil fuels and promote sustainability.

2. Expansion of Infrastructure: The company is investing in expanding its gas infrastructure to increase the reach and efficiency of its services. This includes the construction of new pipelines and the modernization of existing facilities.

3. Digitalization and Technological Innovation: China Gas is focusing on digitizing its business processes to enhance efficiency and reduce operating costs. This involves the use of smart meter technologies and the implementation of IoT solutions.

4. Market Expansion: Geographic expansion is being pursued, particularly in less developed regions of China and international markets, to attract new customers and increase market share.

5. Strategic Partnerships: The company is actively seeking strategic partnerships and joint ventures to leverage synergies and gain access to new technologies and markets.

These strategies are aimed at securing the sustainable growth of China Gas Holdings Limited and strengthening its market position in the energy industry.

Main Imported Raw Materials: Natural gas, Liquefied natural gas (LNG)

Countries of Origin: Australia, Qatar, Russia, Malaysia

China Gas Holdings Limited mainly imports natural gas and liquefied natural gas (LNG) to meet the increasing demand for clean energy in China. Australia and Qatar are among the largest exporters of LNG to China, as they have extensive gas reserves and well-developed export infrastructure.

Russia is also a significant supplier, especially through pipelines that enable direct and cost-effective supply. Malaysia complements the list of suppliers with its strategic location and capacities in LNG exports.

This diversification of sources helps China Gas Holdings ensure supply security and benefit from competitive prices.

Market share in China: 15% (estimated 2025)
Revenue growth: 8% (2024)
EBITDA margin: 18% (2024)

China Gas Holdings Limited has a significant competitive advantage due to its strong market presence and extensive infrastructure in the gas supply sector in China. With an estimated market share of 15%, the company is among the leading providers in the country.

The 8% revenue growth in 2024 demonstrates the company's ability to strengthen and expand its market position. The 18% EBITDA margin highlights the efficiency and profitability of the company compared to its competitors.

In addition, China Gas Holdings benefits from long-term contracts and partnerships with local governments and companies, increasing the stability and predictability of its revenues. This gives the company a strategic advantage over new market entrants.

Institutional Investor Share: approximately 45% (2025, estimated)

Insider Purchases/Sales: No significant transactions known (2025, estimated)

China Gas Holdings Limited has a significant share of institutional investors, indicating a certain level of trust and stability in the market. These investors could include pension funds, investment funds, or other large financial institutions.

Regarding insider purchases or sales, no significant transactions are currently known, suggesting that management and other insiders may not have made any significant changes to their holdings. This could be seen as a sign of stability or confidence in the current company strategy.

Market share of China Gas Holdings Limited: 15% (estimated, 2025)

Top competitors and their market shares:

1. ENN Energy Holdings Limited: 18%
2. China Resources Gas Group Limited: 16%
3. Towngas China Company Limited: 12%
4. Kunlun Energy Company Limited: 10%
5. Beijing Gas Group Company Limited: 8%

Moat of China Gas Holdings Limited:

China Gas Holdings Limited has a significant moat due to its extensive infrastructure and strong market presence in urban and rural areas of China. The company has gained an advantage through strategic partnerships and a diversified product range.

Compared to its competitors, China Gas has an advantage in geographical reach and the number of connected households. However, ENN Energy and China Resources Gas are also well-positioned, especially in urban centers, and offer comparable services.

China Gas' competitive advantage could be strengthened through continuous investments in technology and infrastructure, as well as adapting to regulatory changes. However, competitors also have significant strengths, particularly in specialized technology and regional dominance, which keeps the competition intense.

Revenue Growth: 8.2% (2024) Net Income Growth: 5.5% (2024) Market Share in the Chinese Gas Market: approximately 10% (2024)

China Gas Holdings Limited recorded a revenue growth of 8.2% in 2024, attributed to the increasing demand for natural gas and the continuous expansion into new markets. The company has strengthened its market position through strategic partnerships and investments in infrastructure projects.

The net income growth of 5.5% in 2024 indicates that China Gas Holdings is able to improve its profitability despite rising operating costs. This is a positive sign for the financial health of the company.

Given the strong market position and positive growth prospects in the Chinese energy market, the stock of China Gas Holdings Limited could be an attractive investment. However, investors should also consider the geopolitical risks and regulatory changes in the energy sector that could impact future performance.

Dividend Yield: 3.5% (2025, estimated)
Payout Ratio: 40% (2024, estimated)

China Gas Holdings Limited has regularly distributed dividends to its shareholders in the past. The current estimated dividend yield is 3.5%, which can be considered attractive compared to other companies in the industry.

The 40% payout ratio in 2024 indicates that the company distributes a moderate portion of its profits as dividends, signaling a sustainable dividend policy. This ratio allows the company to retain enough capital for investments and growth while providing shareholders with a regular return.

Overall, China Gas Holdings' dividend policy is considered reliable, with the company aiming to maintain its dividend payments in line with its financial results and overall business development.