---
title: "Anhui Province Natural Gas Development Co., Ltd. (603689.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603689.SH.md"
symbol: "603689.SH"
name: "Anhui Province Natural Gas Development Co., Ltd."
industry: "Oil and Gas Storage and Transportation"
datetime: "2026-05-20T16:45:40.793Z"
locales:
  - [en](https://longbridge.com/en/quote/603689.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603689.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603689.SH.md)
---

# Anhui Province Natural Gas Development Co., Ltd. (603689.SH)

## Company Overview

Anhui Province Natural Gas DevelopmentCo.,Ltd. engages in the investment, construction, and operation of long-distance natural gas pipelines in China. The company sells natural gas to downstream customers, such as urban gas companies and direct industrial users through self-built long-distance pipelines; natural gas, LNG, and CNG to large industrial customers, urban gas operators, transportation operators, gas-fired power plants, industrial and commercial, residential customers on demand, and gas terminal customers. It also engages in the investment and construction of natural gas distributed energy, central heating, contract energy management, and other projects; and energy vehicle charging and replacement, as well as provides comprehensive integrated energy services for users.

| Item | Detail |
|------|--------|
| Industry | Oil and Gas Storage and Transportation |
| Exchange | CN Market |
| Website | [www.ahtrq.com](https://www.ahtrq.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-20T04:30:09.000Z

**Overall: C (0.49)**

**Industry**: Oil and Gas Storage and Transportation

| Metric | Value |
|--------|-------|
| Industry Ranking | 9 / 12 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -12.23% |  |
| Net Profit YoY | 3.50% |  |
| P/B Ratio | 1.21 |  |
| Dividend Ratio | 4.31% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 4556370408.05 |  |
| Revenue | 4998690114.93 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 9.35% | B |
| Profit Margin | 6.78% | B |
| Gross Margin | 15.40% | D |
| Revenue YoY | -12.23% | E |
| Net Profit YoY | 3.50% | C |
| Total Assets YoY | -1.93% | D |
| Net Assets YoY | 9.92% | B |
| Cash Flow Margin | 141.22% | B |
| OCF YoY | -12.23% | E |
| Turnover | 0.66 | B |
| Gearing Ratio | 41.28% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Anhui Province Natural Gas Development Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-12.23%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "3.50%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.21",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "4.31%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "4556370408.05",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "4998690114.93",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "9.35%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "6.78%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "15.40%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "-12.23%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "3.50%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "-1.93%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "9.92%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "141.22%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "-12.23%",
          "rating": "E"
        },
        {
          "name": "Turnover",
          "value": "0.66",
          "rating": "B"
        },
        {
          "name": "Gearing Ratio",
          "value": "41.28%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 13.28 | 2/12 | 14.09 | 13.28 | 12.91 |
| PB | 1.19 | 2/12 | 1.33 | 1.28 | 1.22 |
| PS (TTM) | 0.90 | 3/12 | 0.84 | 0.80 | 0.75 |
| Dividend Yield | 4.37% | 2/12 | 4.53% | 4.39% | 4.05% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | CMES (601872.SH) | A | A | C | C | B | B |
| 02 | COSCO SHIPPING Energy (600026.SH) | B | B | D | C | B | B |
| 03 | JovoEnergy (605090.SH) | B | D | A | B | D | B |
| 04 | NJTC (601975.SH) | B | C | C | A | C | B |
| 05 | SHENGDAFORESTRY (002259.SZ) | B | B | A | B | C | B |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/603689.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/603689.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/603689.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/603689.SH/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**