Beijing Gas Blue Sky Holdings Limited

HK$0.03As of Sun 8 Nov 2026, 12:00 UTC

HKEX:6828Utilities

Country Hong Kong

PE (Fwd) •••

TSR 10Y CAGR (25.73%)

Div yield —

ROE 4.90%

Utilities (Regulated Gas)

Beta (5Y) (0.50)

PE TTM 8.816

TSR TTM (15.38%)

Mkt cap HK$750.3M

ROIC (1.97%)

SE Grade™

Value

Quality

Moat

Consensus

Reference

$0.0382

15.80%

(82.50%)

Hold 10|2|3|8|11

TTM

FYE 31 Dec CNY

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

5Y

10Y

Peers

78.77

Revenue¥M

197.7

202.8

204.2

201.1

201.6

203.7

205.9

205.8

206.2

207.5

81.10

0.58%

0.79%

77

23.25

Revenue growth%

33.34

34.27

32.22

34.22

34.92

33.81

32.60

34.53

36.07

35.27

28.33

34.53

34.25

25

22.18

Gross margin%

23.34

21.84

24.61

22.13

20.67

23.16

24.75

26.89

26.56

23.68

16.97

24.75

23.51

29

20.27

Operating margin%

0.40

0.40

0.43

2.17

3.63

0.92

0.40

2.34

3.73

1.92

12.97

1.92

1.42

29

9.84

Net margin%

33.02

33.20

31.01

28.42

30.41

29.18

26.71

29.11

29.03

28.61

6.67

29.03

29.14

56

12.46

P/E ratio (avg)x

16.03

15.97

15.32

13.46

12.41

11.15

9.863

8.675

8.393

8.934

28.64

8.934

11.78

43

15.53

EV/EBITx

22.80

22.48

20.51

18.87

17.36

14.98

16.03

16.69

14.26

12.47

26.48

14.98

17.03

30

29.87

FCF yield (avg)%

5.77

5.82

5.54

4.51

3.09

0.40

0.40

1.71

3.83

6.17

26.04

1.71

4.17

79

16.79

FCF margin%

25.41

27.77

30.15

30.79

30.46

27.88

25.54

27.26

29.49

29.78

12.55

27.88

28.69

21

0.143

FCF / Net incomex

0.236

0.237

0.254

0.228

0.222

0.202

0.197

0.198

0.207

0.225

0.598

0.202

0.224

72

14.45

ROIC%

7.66

9.94

8.11

10.91

8.52

10.72

11.73

13.71

12.14

9.43

29.97

11.73

10.33

79

18.74

Return on equity%

20.09

21.88

20.77

23.14

21.05

22.54

25.13

26.78

26.92

24.87

7.73

25.13

22.84

9

20.58

Return on assets%

3.96

6.51

6.39

4.26

4.58

3.31

1.27

1.05

1.65

0.40

14.13

1.27

3.63

49

—

EPS¥

—

—

—

—

—

—

—

—

—

—

—

(2.76%)

(3.51%)

—

20.79

EPS growth%

9.98

7.53

10.40

12.77

12.28

14.94

17.85

18.74

21.05

23.02

7.14

18.74

13.85

85

—

Bookvalue per sh¥

—

—

—

—

—

—

—

—

—

—

—

(1.41%)

(0.80%)

—

—

FCF per share¥

—

—

—

—

0.01

0.01

0.01

0.01

0.01

0.01

—

9.40%

9.18%

—

—

Dividend per sh¥

—

—

—

—

—

—

—

—

—

—

—

4.10%

4.07%

—

22.46

Div yield (avg)%

27.71

24.73

23.38

20.44

17.99

19.32

16.85

19.14

16.42

17.80

12.74

17.80

19.23

12

9.99

Payout ratio%

10.37

12.85

14.16

11.36

9.88

7.65

4.75

4.93

5.74

7.54

26.27

5.74

8.77

70

22.56

Shares (diluted)B

25.41

23.69

23.09

26.24

25.45

28.82

31.99

35.31

40.15

40.81

22.97

9.91%

5.54%

62

18.77

Buyback yield%

25.58

26.70

27.25

30.04

27.81

30.68

31.95

34.26

35.17

37.34

3.94

34.26

30.36

36

0.929

D/E ratiox

1.013

1.065

0.948

0.896

0.877

0.919

0.868

0.770

0.674

0.643

1.342

0.770

0.887

22

185.6

Enterprise value¥M

24.01

27.30

30.47

30.80

35.38

35.37

38.86

41.15

41.45

41.06

198.1

3.02%

6.10%

89

63.42

LT debt¥M

175.2

173.1

156.1

158.9

145.7

148.9

157.0

156.0

155.3

150.7

101.8

0.68%

(2.87%)

8

Peers (US$95.71M)

Cap (US$)

PE

Binhai Investment…

200.4M

6.035x

Tian Lun Gas Holdings…

169.7M

—

China Gas Industry…

155.4M

5.376x

Kyungdong City Gas Co.…

89.03M

3.257x

Capital

TTM

5Y

10Y

Leveragex

0.805

(0.088)

(0.091)

EBIT/Intx

0.414

0.265

0.320

Own earn%

(89.11)

166.03

160.44

Sh yield%

41.23

51.59

51.03

Owners

Insiders/Inst%

6.60

33.45

Short interest%

0.56

SBC / revenue%

5.92

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

4

Op margin range%

0–4

$1 testx

—

Incr. ROIC%

1

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

¥207.5M

0.79%

1.00×

Cost of revenue

¥145.2M

0.84%

1.00×

Operating expenses

¥38.07M

1.03%

1.02×