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0135.HK — HKEX Natural Gas Utilities

Kunlun Energy Company Ltd

HK$7,30
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About

Kunlun Energy Company Ltd is a natural gas utility that operates in the utilities sector, primarily generating revenue through the distribution and sale of natural gas to residential, commercial, and industrial customers.

Business. Kunlun Energy Company Ltd (0135.HK) is a natural gas utilities company listed on the Hong Kong Stock Exchange. The firm operates within the utilities sector, focusing on natural gas services. Specific details regarding its operating segments, headquarters location, and geographic revenue mix are not provided in the available data. Consequently, the company is described at the industry level as a provider of regulated natural gas utility services.

Classification92 %
SectorUtilities
IndustryNatural Gas Utilities
ActivityUtilities
Generated · model-assisted
Sell-side consensus
BUY11 analysts
10 buy1 hold0 sell
Avg 12m price target8,91

Analyst recommendations

11 analysts · consensus Buy
Buy10
Hold1
Sell0
12-month price target
8,91
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
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not yet scored
Valuation
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valuation pending
Analysts→
Buy
11 analysts · indicative
Ownership
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not yet wired
Profitability
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not yet wired
Quality
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not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 0135.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities · THIS SECTOR−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 0135.HK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Kunlun Energy Company Ltd (0135.HK) is a natural gas utilities company listed on the Hong Kong Stock Exchange. The firm operates within the utilities sector, focusing on natural gas services. Specific details regarding its operating segments, headquarters location, and geographic revenue mix are not provided in the available data. Consequently, the company is described at the industry level as a provider of regulated natural gas utility services.

    Classification92 %
    SectorUtilities
    IndustryNatural Gas Utilities
    ActivityUtilities
    AI synthesis
    GENERATED
    — missing data
    Key takeaways
    • Kunlun Energy has no dilution risk as of the latest data, with basic and diluted shares outstanding being equal.
    • Analysts have a generally positive outlook, with a mean recommendation of 1.64 and a mean price target of 8.91 CNY.
    • Liquidity risk could not be assessed due to missing balance-sheet data and no going-concern language in source documents.
    • No profitability metrics or segment-specific data are available to assess performance against industry benchmarks.
    • Growth expectations are not quantified in the available data, and no revenue history is provided for analysis.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Annual
    ANNUALFiled 2026-03-24
    FY 2026 · Full-year highlights

    Revenue ¥193.98B, +3,7% YoY; Operating income −10,1% YoY.

    Revenue¥193.98B+3,7 % YoY
    Operating income¥11.07B−10,1 % YoY
    Net income¥5.35B−10,3 % YoY
    Free cash flow¥5.11B+8,8 % YoY
    EPS—
    Operating cash flow¥12.43B−0,7 % YoY
    Financials
    Income statement
    Revenue¥193.98B
    Gross profit¥19.07B
    Operating income¥11.07B
    Net income¥5.35B
    Margins
    Gross margin9.8%
    Operating margin5.7%
    Net margin2.8%
    FCF margin2.6%
    Balance sheet
    Total assets¥144.12B
    Total liabilities¥76.36B
    Total equity¥67.76B
    Cash & equivalents—
    Long-term debt¥21.42B
    Cash flow
    Operating cash flow¥12.43B
    CapEx-¥5.88B
    Free cash flow¥5.11B
    SBC—
    P&L flow · revenue → net income
    Revenue ¥193.98BOperating costs ¥182.91BTax ¥5.73BNet income ¥5.35B
    Highlights
    • ▍Revenue ¥193.98B, +3,7% YoY
    • ▍Operating income −10,1% YoY
    • ▍Net income −10,3% YoY
    • ▍Free cash flow +8,8% YoY
    • ▍Net margin 2.8%

    Valuation FY

    Market price
    HK$7,30
    Market cap
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    Enterprise valueⓘ
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    P/Eⓘ
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    Non-GAAP P/Eⓘ
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    EV / Revenueⓘ
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    Tangible book
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    Current ratioⓘ
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    ROAⓘ
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    ROEⓘ
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    Cash conversionⓘ
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    CapEx / revenueⓘ
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    SBC / revenueⓘ
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    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 43 %
    EPS
    Consensus EPS
    0,68
    Predicted surprise
    -0,01
    Beat probability
    43 %
    Analysts
    11
    Other metrics
    Revenue
    —
    no estimate
    Segment revenue
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    no estimate
    Margin
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    no estimate
    Segment margin
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    no estimate
    revision ratio -0,03 · as of 2026-05-18 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPS—no estimate—no estimate0,68
    Revenue—no estimate—no estimate204,2B CNY
    Operating income—no estimate—no estimate11,1B CNY
    Full-year consensus mean (period as reported by source) · consensus in CNY. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution11 analysts
    Strong buy5
    Buy5
    Hold1
    Sell0
    Strong sell0
    12-month price targetHK$8,91 · Median HK$8,63
    Low HK$8,00High HK$10,70
    Operating income · consensus11,1B CNY
    EPS surprise
    −8,9 %
    reported vs consensus · miss
    Revenue surprise
    −5,0 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    LowHK$8,00
    MeanHK$8,91
    MedianHK$8,63
    HighHK$10,70
    SpotHK$7,30
    +22.0 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskUnknown

    Benchmarks vs cohort

    No cohort benchmark data available for this issuer yet.

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Physical assets

    4 tracked
    AssetTypeCommodityCountryRole
    Fujian Gas Pipeline NetworkGas pipelineGasChinaParent
    Hainan Gas Pipeline NetworkGas pipelineGasChinaParent
    Liaoning Gas Pipeline NetworkGas pipelineGasChinaParent
    Tibet Natural Gas PipelineGas pipelineGasChinaParent
    Tracked physical assets associated with this issuer (operated, managed, or owned).

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    Source documents
    • Kunlun Energy Company Ltd Market data — financials · 2026-05-26
    • Kunlun Energy Company Ltd Market data — analyst estimates · 2026-05-26
    • Kunlun Energy Company Ltd Market data — ESG · 2026-05-26

    Ownership & reference

    Leadership

    • Bin FuExecutive Chairman of the Board
    • Yongli HeChief Executive Officer, Executive Director
    • Zhijia QianChief Executive Officer, Executive Director

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    0135.HKCanonical
    HKEX · HKD

    Intel & risk

    PredictorBeat prob43 %Surprise-0,01Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskUnknown

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-03-24 18:16 UTCEARNINGSAnnual results — FY 2026 Revenue CNY 193.98B · Net CNY 5.35B
    2025-03-25 17:24 UTCEARNINGSAnnual results — FY 2025 Revenue CNY 187.05B · Net CNY 5.96B
    2024-03-26 02:30 UTCEARNINGSAnnual results — FY 2024 Revenue CNY 177.35B · Net CNY 5.68B
    2023-03-28 18:56 UTCEARNINGSAnnual results — FY 2023 Revenue CNY 171.94B · Net CNY 5.23B
    2022-03-29 19:53 UTCEARNINGSAnnual results — FY 2022 Revenue CNY 138.55B · Net CNY 23.02B
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage