---
title: "華潤燃氣控股有限公司 (01193.HK)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/01193.HK.md"
symbol: "01193.HK"
name: "華潤燃氣控股有限公司"
industry: "燃氣公司"
---

# 華潤燃氣控股有限公司 (01193.HK)

| Item | Detail |
|------|--------|
| Industry | 燃氣公司 |
| Location | 港股市場 |
| Website | [www.crcgas.com](https://www.crcgas.com) |

## Company Profile

華潤燃氣控股有限公司是一間主要從事提供燃氣供應業務的投資控股公司。該公司通過五個分部運營。銷售及分銷氣體燃料及相關產品分部主要從事銷售天然氣及較少量住宅、商業和工業用液化石油氣。燃氣接駁分部建設燃氣管網。加氣站分部主要從事於天然氣加氣站銷售氣體燃料。銷售燃氣器具分部主要從事銷售燃氣器具及相關產品。設計及建設服務分部主要從事有關燃氣接駁項目的設計、建設、顧問及管理。

## Financial Score

> *Longbridge Financial Score™ — Proprietary multi-factor rating model by [Longbridge](https://longbridge.com). This score is independently calculated by Longbridge and is not affiliated with any third-party rating agency.*
> Updated: 2026-02-20T04:30:10.000Z

**Overall: C (0.48)**

**Industry**: Gas Utilities

| Metric | Value |
|--------|-------|
| Industry Ranking | 6 / 19 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -4.37% |  |
| Net Profit YoY | -40.91% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 1.15 |  |
| Dividend Ratio | 4.63% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 49.94B |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 100.39B |  |


**Multi Score**: C

#### Profit Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 7.14% | B |
| Profit Margin | 3.02% | C |
| Gross Margin | 17.12% | D |

#### Growth Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -4.37% | D |
| Net Profit YoY | -40.91% | D |
| Total Assets YoY | -0.86% | D |
| Net Assets YoY | 3.56% | C |

#### Cash Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | 3308.48% | A |
| OCF YoY | -4.37% | D |

#### Operating Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.72 | B |

#### Debt Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 51.47% | C |


```chart-data:radar
{
  "title": "Longbridge Financial Score - 華潤燃氣控股有限公司",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "7.14%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "3.02%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "17.12%",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "D",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-4.37%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "-40.91%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "-0.86%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "3.56%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "C",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "3308.48%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "-4.37%",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "B",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.72",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "C",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "51.47%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | 昆崙能源 (HK.135) | C | C | A | B | B | B |
| 02 | 嘉興燃氣 (HK.9908) | B | C | A | D | B | B |
| 03 | 環球戰略集團 (HK.8007) | B | A | A | D | C | B |
| 04 | 香港中華煤氣 (HK.3) | B | C | D | D | C | C |
| 05 | 新奧能源 (HK.2688) | B | C | A | C | C | C |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 16.63 | 14/19 | 16.50 | 13.07 | 11.76 |
| PB | 1.16 | 16/19 | 1.23 | 1.16 | 1.11 |
| PS (TTM) | 0.50 | 11/19 | 0.52 | 0.49 | 0.46 |
| Dividend Yield | 4.59% | 10/19 | 5.04% | 4.70% | 4.50% |

## Institutional View

### Analyst Rating Distribution

> As of 2026-02-03T16:00:00.000Z

Total Analysts: **21**

| Rating | Count | Percentage |
|--------|-------|-----------|
| Buy | 9 | 43% |
| Overweight | 3 | 14% |
| Hold | 8 | 38% |
| Underweight | 0 | 0% |
| Sell | 1 | 5% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 21.80 |
| Highest Target | 30.00 |
| Lowest Target | 16.00 |

## References

- [Company Overview](https://longbridge.com/en/quote/01193.HK/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/01193.HK/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/01193.HK/topics.md) - Community topics and discussions

---

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