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T

Tian Lun Gas Holdings 1600.HK · HKD

Utilities · HKEX · 🇭🇰 Hong Kong

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1.46

+5.04%

Close of 9 Nov 2026, in HKD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CNY, from our data supplier.

FY2025

Revenue

CN¥9.24bn

FY2016FY2025

Net income

CN¥45.0m

FY2016FY2025

Free cash flow

CN¥443.2m

FY2016FY2025

Shareholders' equity

CN¥6.79bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥9.24bnCN¥9.06bnCN¥9.00bnCN¥8.78bnCN¥8.91bnCN¥7.50bnCN¥7.63bnCN¥5.95bnCN¥3.62bnCN¥3.14bn
Gross profitCN¥1.30bnCN¥1.55bnCN¥1.69bnCN¥1.62bnCN¥2.07bnCN¥2.08bnCN¥1.98bnCN¥1.66bnCN¥894.3mCN¥806.2m
Operating incomeCN¥517.7mCN¥1.02bnCN¥1.29bnCN¥1.09bnCN¥1.86bnCN¥1.98bnCN¥1.69bnCN¥1.42bnCN¥729.3mCN¥651.2m
Net incomeCN¥45.0mCN¥350.5mCN¥558.4mCN¥517.7mCN¥1.17bnCN¥1.22bnCN¥919.0mCN¥662.8mCN¥470.7mCN¥364.9m
Diluted earnings per share0.050.360.580.531.171.210.920.670.470.37

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥17.94bnCN¥18.53bnCN¥18.27bnCN¥18.58bnCN¥17.59bnCN¥15.04bnCN¥13.90bnCN¥13.31bnCN¥9.87bnCN¥8.89bn
Cash and short-term investmentsCN¥1.90bnCN¥1.30bnCN¥1.14bnCN¥1.57bnCN¥1.22bnCN¥1.94bnCN¥1.63bnCN¥1.26bnCN¥1.14bnCN¥1.27bn
Total liabilitiesCN¥10.80bnCN¥11.23bnCN¥11.15bnCN¥11.80bnCN¥11.15bnCN¥9.24bnCN¥9.03bnCN¥9.19bnCN¥6.24bnCN¥5.68bn
DebtCN¥8.02bnCN¥7.21bnCN¥7.03bnCN¥7.64bnCN¥6.56bnCN¥5.12bnCN¥5.63bnCN¥5.85bnCN¥3.88bnCN¥3.61bn
Shareholders' equityCN¥6.79bnCN¥6.92bnCN¥6.75bnCN¥6.41bnCN¥6.08bnCN¥5.47bnCN¥4.53bnCN¥3.78bnCN¥3.24bnCN¥2.83bn
Shares outstanding969m969m969m983m996m1,004m1,000m996m991m992m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥700.6mCN¥1.07bnCN¥1.19bnCN¥802.6mCN¥472.5mCN¥1.62bnCN¥1.51bnCN¥539.0mCN¥514.6mCN¥505.6m
Capital spending−CN¥257.4m−CN¥354.3m−CN¥370.1m−CN¥449.0m−CN¥484.0m−CN¥327.7m−CN¥368.7m−CN¥372.7m−CN¥347.2m−CN¥205.8m
Free cash flowCN¥443.2mCN¥715.0mCN¥817.4mCN¥353.6m−CN¥11.5mCN¥1.29bnCN¥1.14bnCN¥166.3mCN¥167.4mCN¥299.8m
Dividends paid−CN¥157.7m−CN¥197.8m−CN¥177.8m−CN¥259.8m−CN¥336.9m−CN¥273.7m−CN¥246.7m−CN¥88.5m−CN¥90.4m−CN¥85.3m

Latest quarters

By quarter end

Jun 2026Dec 2025Jun 2025Dec 2024Jun 2024Dec 2023Jun 2023Dec 2022
RevenueCN¥4.97bnCN¥4.30bnCN¥4.94bnCN¥4.59bnCN¥4.47bnCN¥4.38bnCN¥4.62bnCN¥4.42bn
Gross profitCN¥445.3mCN¥700.9mCN¥596.9mCN¥922.1mCN¥632.7mCN¥967.4mCN¥724.4mCN¥916.7m
Operating incomeCN¥264.9mCN¥107.0mCN¥410.7mCN¥577.5mCN¥439.7mCN¥681.9mCN¥665.1mCN¥580.7m
Net incomeCN¥36.7m−CN¥95.1mCN¥140.1mCN¥196.5mCN¥154.0mCN¥341.1mCN¥217.4mCN¥318.5m
Diluted earnings per share0.04-0.100.140.200.160.350.220.32
Cash from operations—CN¥862.0m−CN¥172.0mCN¥1.06bnCN¥5.0mCN¥808.0mCN¥378.0mCN¥1.02bn
Capital spending—−CN¥134.0m−CN¥138.0m−CN¥166.0m−CN¥165.0m−CN¥204.0m−CN¥158.0m−CN¥277.0m
Free cash flow—CN¥728.0m−CN¥310.0mCN¥897.0m−CN¥160.0mCN¥604.0mCN¥220.0mCN¥742.0m
Total assetsCN¥17.68bnCN¥17.94bnCN¥18.85bnCN¥18.53bnCN¥18.75bnCN¥18.27bnCN¥18.80bnCN¥18.58bn
Cash and short-term investmentsCN¥1.22bnCN¥1.90bnCN¥1.42bnCN¥1.30bnCN¥1.51bnCN¥1.14bnCN¥1.46bnCN¥1.57bn
DebtCN¥2.11bnCN¥8.04bnCN¥8.75bnCN¥8.16bnCN¥8.87bnCN¥7.93bnCN¥8.73bnCN¥8.40bn
Shareholders' equityCN¥6.74bnCN¥6.79bnCN¥6.95bnCN¥6.92bnCN¥6.79bnCN¥6.75bnCN¥6.63bnCN¥6.41bn

Financial ratios

Data as of 27 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin14.0%17.2%18.8%18.5%23.3%27.7%
Operating margin5.6%12.3%14.3%13.7%19.5%23.9%
Net margin0.5%3.9%6.2%5.9%13.1%16.2%
Return on equity0.7%5.1%8.3%8.1%19.2%22.2%
Return on assets0.3%1.9%3.1%2.8%6.6%8.1%
Free cash flow yield36.0%53.6%58.6%46.4%35.0%70.7%
Revenue growth2.0%0.7%2.4%-1.4%18.8%-1.7%
Earnings growth-87.2%-37.2%7.9%-55.6%-4.1%32.2%
Current ratio1.51x1.33x1.01x1.18x1.14x0.96x
Debt to equity1.18x1.18x1.17x1.31x1.21x1.09x
Equity ratio37.9%37.4%37.0%34.5%34.5%36.4%
Interest coverage1.21x2.44x2.83x3.18x6.54x6.28x
Buybacks as a share of market value0.0%0.0%1.4%1.3%0.8%-0.4%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue1.7%4.3%13.4%
Operating income-22.0%-23.6%-0.9%
Net income-55.7%-48.3%-18.1%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin15.6%17.1%19.7%21.7%
Operating margin8.4%10.9%14.8%17.0%
Net margin2.2%4.1%7.3%8.7%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings62.38.96.56.46.25.36.68.411.216.8
Price to sales0.30.30.40.40.80.90.80.91.52.0

Dividends and splits

Per share, in the currency the company pays

Paid for 10 years. Last went ex-dividend on 23 Oct 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.090.2550.1710.3030.2520.350.2660.24

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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