002971.SHE Hubei Heyuan Gas Co Ltd
- Market cap
- CNY 6.62B
- P/E
- 142.9x
- P/B
- 3.33x
- ROE
- 2.8%
- Dividend yield
- 1.28%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002971.SHE undervalued?
Graham numberThe Graham number of Hubei Heyuan Gas Co Ltd cannot be estimated reliably (the estimate is too far from the market price).
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Hubei Heyuan Gas Co Ltd fundamental analysis
No fundamental analysis for Hubei Heyuan Gas Co Ltd yet.
Hubei Heyuan Gas Co Ltd stock price
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About Hubei Heyuan Gas Co Ltd
Hubei Heyuan Gas Co.,Ltd. engages in the research, development, production, sale, and service of gas products in China and internationally. The company operates through six segments: Bulk Gases, Electronic Specialty Gases and Electronic Chemicals, Silicon-Based Functional New Materials, Exhaust Gas Recovery, Clean Energy, and Industrial-Grade Chemicals. It offers bulk gases, such as medical oxygen, industrial oxygen, food-grade nitrogen, industrial nitrogen, argon, helium, c…
Full company profileHubei Heyuan Gas Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Hubei Heyuan Gas Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 406M | 575M | 625M | 666M | 824M | 992M | 1.32B | 1.65B | 1.53B | 1.66B | 1.77B |
| Gross Profit | 166M | 223M | 272M | 290M | 256M | 284M | 289M | 302M | 297M | 314M | 366M |
| Operating Income | 52.2M | 58.3M | 93.5M | 98.9M | 96.4M | 95.5M | 92.7M | 98.6M | 72.5M | 156M | 159M |
| EBITDA | 76.8M | 95.2M | 160M | 178M | 163M | 176M | 209M | 239M | 243M | 311M | 151M |
| Net Income | 41.0M | 45.0M | 75.4M | 84.5M | 87.1M | 90.2M | 74.5M | 83.8M | 73.2M | 60.3M | 55.7M |
| EPS | 0.37 | 0.37 | 0.63 | 0.53 | 0.54 | 0.56 | 0.47 | 0.40 | 0.35 | 0.28 | 0.26 |
| Balance Sheet | |||||||||||
| Total Assets | 820M | 887M | 1.03B | 1.22B | 1.82B | 2.33B | 2.94B | 4.07B | 5.72B | 6.36B | 7.04B |
| Total Liabilities | 380M | 433M | 501M | 613M | 735M | 1.19B | 1.73B | 2.77B | 3.99B | 4.60B | 4.66B |
| Shareholders' Equity | 440M | 453M | 528M | 612M | 1.09B | 1.14B | 1.20B | 1.29B | 1.57B | 1.59B | 2.01B |
| Cash & Short-term Investments | 61.7M | 46.1M | 38.4M | 49.5M | 287M | 317M | 234M | 242M | 397M | 208M | 161M |
| Total Debt | 181M | 222M | 286M | 360M | 466M | 715M | 897M | 757M | 913M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 34.8M | 44.5M | 75.4M | 95.8M | 5.02M | 51.5M | 42.5M | 20.9M | 165M | 228M | - |
| Capital Expenditure | 120M | 57.0M | 53.8M | 90.9M | 138M | 345M | 606M | 457M | 1.12B | 603M | 488M |
| Free Cash Flow | -85.2M | -12.5M | 21.6M | 4.88M | -133M | -293M | -563M | -436M | -955M | -376M | -151M |
| Ratios | |||||||||||
| ROE | 9.3% | 9.9% | 14.3% | 13.8% | 8.0% | 7.9% | 6.2% | 6.5% | 4.7% | 3.8% | 2.8% |
| ROA | 5.0% | 5.1% | 7.3% | 6.9% | 4.8% | 3.9% | 2.5% | 2.1% | 1.3% | 0.9% | 0.8% |
| Net Profit Margin | 10.1% | 7.8% | 12.1% | 12.7% | 10.6% | 9.1% | 5.6% | 5.1% | 4.8% | 3.6% | 3.1% |
| Debt to Equity | 0.41x | 0.49x | 0.54x | 0.59x | 0.43x | 0.63x | 0.75x | 0.59x | 0.58x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Hubei Heyuan Gas Co Ltd dividends
- Dividend yield
- 1.28%
- Forward dividend
- 0.05 CNY
- Payout ratio
- 140.8%
- Ex-dividend date
- Jul 3, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 85.0M | 0.40 | 140.8% |
| 2024 | CNY 48.7M | 0.23 | 66.6% |
| 2023 | CNY 24.5M | 0.12 | 29.3% |
| 2022 | CNY 16.0M | 0.10 | 21.5% |
| 2021 | CNY 32.0M | 0.20 | 35.5% |
| 2020 | CNY 16.9M | 0.11 | 19.4% |
| 2019 | CNY 17.3M | 0.11 | 20.4% |
| 2018 | CNY 34.1M | 0.29 | 45.3% |
| 2017 | CNY 16.2M | 0.13 | 36.0% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 1.3:1 on Jul 5, 2024.
Who owns Hubei Heyuan Gas Co Ltd
- Insiders 47.34%
- Institutions 7.81%
- Public & others 44.85%
- Shares outstanding 211M
- Free float 142M
Hubei Heyuan Gas Co Ltd company profile
- Company name
- Hubei Heyuan Gas Co Ltd
- Ticker
- 002971.SHE
- ISIN
- CNE100003Q99
- Exchange
- Shenzhen Stock Exchange
- Sector
- Basic Materials
- Industry
- Chemicals
- Employees
- 1,892
- Fiscal year end
- December
- Address
- Xinding Building, Yichang, China, 443000
- Phone
- 86 71 7693 3910
- Website
- hbhy-gas.com
About Hubei Heyuan Gas Co Ltd
Hubei Heyuan Gas Co.,Ltd. engages in the research, development, production, sale, and service of gas products in China and internationally. The company operates through six segments: Bulk Gases, Electronic Specialty Gases and Electronic Chemicals, Silicon-Based Functional New Materials, Exhaust Gas Recovery, Clean Energy, and Industrial-Grade Chemicals. It offers bulk gases, such as medical oxygen, industrial oxygen, food-grade nitrogen, industrial nitrogen, argon, helium, carbon dioxide, acetylene, and propane, alkanes, various mixed gases, and other gases; bottled gas and liquid-gas; electronic specialty gases and electronic chemicals; and silicon-based functional new materials. The company is also involved in the on-site gas supply; industrial park pipeline gas supply; provision of industrial-grade chemicals and hydrogen for fuel cells, pure hydrogen, ultrapure hydrogen, and liquefied natural gas; exhaust gas recovery; recovery and recycling of industrial waste gases; waste gas recovery business; and clean energy business. It serves chemicals, steel, food, home appliances, machinery, semiconductors, new energy, and biomedicine industries. The company was founded in 2003 and is based in Yichang, China.
Hubei Heyuan Gas Co Ltd management
9- Mr. Tao YangGM & Chairman · born 1973
- Mr. Xiaofeng ZhaoFinancial Director · born 1986
- Mr. Chen WangDeputy GM & Director · born 1981
- Mr. Jipeng Li CPABoard Secretary & Director · born 1968
- Mr. Nuo LiDeputy General Manager · born 1980
- Mr. Xuerong LiuDeputy General Manager · born 1971
- Mr. Songting XiangDeputy General Manager · born 1985
- Mr. Luo JiangDeputy General Manager · born 1987
- Jun Feng TianAccounting Supervisor