Hubei Heyuan Gas Co Ltd

The company's capital structure is highly leveraged, with a debt-to-equity ratio of 2.34, indicating significant reliance on debt financing. Liquidity is constrained, as evidenced by a current ratio of 0.65 and negative net cash after subtracting total debt. The price-to-book ratio of 5.13 suggests the market is valuing the company at a premium to its book value, but the price-to-earnings ratio of 497.76 and EV/EBITDA of 685.49 indicate a high valuation relative to earnings and cash flow.

Profitability metrics are weak, with a return on equity of 1.03% and return on assets of 0.27%, both significantly below the industry median for Commodity Chemicals. The company's operating margin is 3.46% (14.35 million CNY operating income on 414.93 million CNY revenue), which is below the industry average for firms in this sector.

Geographically, the company is concentrated in China, with no disclosed international revenue streams. Segment-wise, the company operates as a single business unit focused on industrial gases, with no material diversification across product lines or markets.

The company's growth trajectory is uncertain, with no disclosed revenue growth in the most recent period. Analysts have assigned a mean recommendation of 2.00 (Buy), but only one analyst has issued a Buy rating, with no Strong Buy or Hold ratings. The last actual EPS of 0.29 CNY was below the mean estimate of 0.52 CNY, suggesting potential earnings pressure.

The company faces moderate liquidity risk due to its high debt load and low cash reserves. Dilution risk is currently low, as there is no indication of share issuance or dilution in the near term. However, the company's capital expenditure of -54.52 million CNY suggests a drawdown in cash, which could pressure liquidity if not offset by operating cash flow.

Recent filings and transcripts have not disclosed any material events or strategic shifts. The company's 10-K filing highlights exposure to raw material price volatility and regulatory compliance in the chemical industry, but no new initiatives or partnerships have been announced.

Hubei Heyuan Gas Co Ltd (002971.SZ) has undergone a significant update to its industry classification, with its primary activity now identified as "Chemicals" and its economic sector designated as "Basic Materials." This reclassification represents a medium-severity change in the company's profile, shifting the analytical framework from its previous undefined state to a specific industrial context. This taxonomic shift is material because it aligns the company’s operational identity with the broader Basic Materials sector, which is critical for accurate peer comparison and sector-specific risk assessment. By categorizing the firm under Chemicals, investors and analysts can now better contextualize its performance against industry benchmarks relevant to chemical manufacturing and distribution rather than generic utility or energy metrics. In terms of risk profile, the company has been assigned a "low" dilution risk and a "medium" liquidity risk. The low dilution risk suggests that shareholders face minimal threat of equity value erosion from new share issuances, providing a degree of stability for existing ownership stakes. Conversely, the medium liquidity risk indicates that while the stock is tradable, it may experience wider bid-ask spreads or lower trading volumes compared to more liquid large-cap peers, a factor that warrants attention for active traders. The COMPANY_360 data indicates that the company currently has no tracked officers, analysts, index memberships, or top holders in the available dataset. This lack of coverage metrics, combined with the newly established risk and classification parameters, suggests that Hubei Heyuan Gas Co Ltd may be a less followed entity in the market, making these foundational data updates particularly important for establishing a baseline for future financial analysis and investment decision-making.

Revenue grew 54.6% year-over-year, demonstrating significant top-line expansion despite broader economic headwinds.

Gross profit increased to 314.2 million CNY in FY2026, indicating improving core operational profitability.

Debt-to-equity ratio stands at 2.34, significantly exceeding the cohort median of 0.31.

Return on equity of 1.03% is well below the cohort median of 3.61%.

The company faces high credit risk, posing significant financial stability concerns for investors.

Revenue ¥1.66B, +8,6% YoY; Operating income +3,7% YoY.

• ▍Revenue ¥1.66B, +8,6% YoY
• ▍Operating income +3,7% YoY
• ▍Net income −17,6% YoY
• ▍Free cash flow +53,0% YoY
• ▍Net margin 3.6%

Revenue ¥1.65B, +25,2% YoY; Operating income +6,3% YoY.

• ▍Revenue ¥1.65B, +25,2% YoY
• ▍Operating income +6,3% YoY
• ▍Net income +12,5% YoY
• ▍Free cash flow +40,5% YoY
• ▍Net margin 5.1%

Revenue ¥1.32B, +33,2% YoY; Operating income −3,0% YoY.

• ▍Revenue ¥1.32B, +33,2% YoY
• ▍Operating income −3,0% YoY
• ▍Net income −17,5% YoY
• ▍Free cash flow −98,8% YoY
• ▍Net margin 5.6%