Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Hong Kong
  4. Hong Kong Stock Exchange
  5. China Gas Holdings Limited
  6. News
  7. Summary
    384   BMG2109G1033

CHINA GAS HOLDINGS LIMITED

(384)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Fujian Zhongran Meizhouwan Energy Co., Ltd. , A Subsidiary of China Gas Holdings Limited Entering into Terminal Handling and Storage Service Agreements with Quanzhou Grand Pacific Chemical Co., Ltd

11/07/2021 | 05:05am EST

The board of directors of China Gas Holdings Limited announced that Fujian Zhongran Meizhouwan Energy Co. Ltd.*, a subsidiary of the Company and Quanzhou Grand Pacific Chemical Co. Ltd. (``Quanzhou Grand'') have recently entered into large-scale terminal handling and storage service agreements (the ``Service Agreements''). Pursuant to the Service Agreement, Fujian Zhongran and Quanzhou Grand have agreed to cooperate in the following aspects: Quanzhou Grand will use Fujian Zhongran's liquefied hydrocarbon terminal, propane and propylene storage tanks and relevant facilities in Quangang district, Quanzhou, the People's Republic of China for loading and unloading, storage and pipeline transport services of propane and propylene. For the purpose of meeting the demand on storage capacity and turnover of propane, Quanzhou Grand will lease and use related equipment and facilities from Fujian Zhongran in the form of tank-to-tank transfer for a contract term of 10 years. Quanzhou Grand shall make an undertaking to Fujian Zhongran that the annual amount for tank- to-tank transfer will not be less than 600,000 tons and Fujian Zhongran shall give priority to Quanzhou Grand in satisfying the tank storage capacity required by Quanzhou Grand. Quanzhou Grand shall guarantee that all propane used for its production will be transported into Quanzhou Grand's factory solely through Fujian Zhongran's terminal and storage tanks. For the purpose of meeting the demand on storage capacity and turnover of propylene, Quanzhou Grand will lease and use related equipment and facilities from Fujian Zhongran in the form of chartered storage tanks for a contract term of 10 years. Fujian Zhongran shall charge handling fee for the terminal and facilities, and related fees for chartered storage tanks and tank-to-tank transfer services.


ę S&P Capital IQ 2021
All news about CHINA GAS HOLDINGS LIMITED
01/17Sinopec gets first LNG cargo under new deal with Qatar - state media
RE
01/06CHINA GAS HOLDINGS LIMITED : Ex-dividend day for interim dividend
FA
2021China Gas Negotiating Strategic Partnership in Chinese District
MT
2021China Gas Strikes Energy Consumption, Carbon Management Deal with Harbin City; Shares J..
MT
2021China Gas (00384) to Target the Trillion-Dollar New Energy Market Strategic Agreements ..
AQ
2021China Gas Holdings Limited Declares Interim Dividend for the Six-Month Period Ended 30 ..
CI
2021China Gas Shares Fall 20% after Earnings Miss
DJ
2021China Gas Holdings' Attributable Net Profit Slips in H1 as Cost of Sales Rises
MT
2021China Gas Holdings Limited Reports Earnings Results for the Half Year Ended September 3..
CI
2021China Gas, Vitol Setting Up LNG Joint Venture
MT
More news
Financials
Sales 2022 81 743 M 10 498 M 10 498 M
Net income 2022 9 452 M 1 214 M 1 214 M
Net Debt 2022 33 440 M 4 295 M 4 295 M
P/E ratio 2022 8,09x
Yield 2022 3,33%
Capitalization 77 223 M 9 919 M 9 918 M
EV / Sales 2022 1,35x
EV / Sales 2023 1,22x
Nbr of Employees 59 462
Free-Float 50,3%
Chart CHINA GAS HOLDINGS LIMITED
Duration : Period :
China Gas Holdings Limited Technical Analysis Chart | 384 | BMG2109G1033 | MarketScreener
Technical analysis trends CHINA GAS HOLDINGS LIMITED
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Last Close Price 14,08 HKD
Average target price 24,35 HKD
Spread / Average Target 73,0%
EPS Revisions
Managers and Directors
Ming Hui Liu Executive Chairman, President & Managing Director
Yong Huang Executive President & Executive Director
Erwan Mao Independent Non-Executive Director
Yu Hua Zhao Independent Non-Executive Director
Yan Yan Chen Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
CHINA GAS HOLDINGS LIMITED-13.09%10 073
NATURGY ENERGY GROUP, S.A.-0.66%30 996
ATMOS ENERGY CORPORATION-0.17%13 880
TOKYO GAS CO., LTD7.61%8 572
GAIL INDIA LIMITED10.99%8 568
APA GROUP-4.27%8 187