Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Beijing Gas Blue Sky Holdings Limited functions as an investment holding company with a primary focus on the sale and distribution of natural gas and associated energy products throughout the People's Republic of China. Its operational scope encompasses various segments, including the management of natural gas refueling stations, the trading and distribution of natural gas, direct supply services for industrial consumers, and city gas operations complemented by pipeline construction fees and value-added offerings. The company oversees a network of refueling stations for vehicles, providing both compressed natural gas (CNG) and liquefied natural gas (LNG). It also acts as a wholesale supplier, directly furnishing industrial and commercial clients with CNG, LNG, fuel oil, and other petroleum derivatives. Furthermore, it delivers natural gas to residential, industrial, and commercial customers via its pipeline infrastructure. The firm's service offerings also extend to repair, maintenance, and the development of pipelines. Currently, it possesses 29 gas refueling facilities, specifically 17 for CNG and 12 for LNG. Established in 2000 and based in Central, Hong Kong, the company was previously known as Blue Sky Power Holdings Limited before adopting its present name in January 2017.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is reasonably priced on P/E, overvalued on P/FC