Market : Hong Kong
Symbol : 2886.HK
Industry : Gas Distribution

Binhai Investment Company Limited (stock code: 2886), an investment holding company listed on Hong Kong Stock Exchange, is principally engaged in investments in the construction and operation of gas pipeline networks, provision of connection services, supply and provision of gas, and sale of liquefied petroleum gas. As one of the earliest foreign-funded enterprises participating in the public utilities industry in the PRC, the Company is committed to developing the gas market in mainland China. Over the last decade, we have been committed to aligning with the national policy of the PRC in providing clean energy for the commercial and industrial users and urban citizens.

Tianjin TEDA Investment Holding Company Limited holds 39.5% of the shareholding in Binhai Investment through its wholly-owned subsidiary TEDA Hong Kong Property Company Limited and is its controlling shareholder. Sinopec Great Wall Gas Investment Company Limited holds 29.99% of the shareholding in Binhai Investment through its wholly-owned subsidiary Great Wall Energy Investment (Hong Kong) Limited and is its second largest shareholder.

Share Graph
Share Data
23/05/2022
Currency HKD
Previous Close 1.49
Change (%) 0.00
Volume 0
Number of Shares(mil) 1,352.03
Market Cap (mil) 2,014.52
Financial Highlights (HK$’000) 2019

2020

2021

Income Statement      
Revenue 3,557,529 3,653,866 4,842,926
Gross profit 524,619 603,415

855,441

Profit for the year 119,624 360,859 410,025
Profit for the year attributable to owners of the Company 81,111 354,904 399,659
Balance Sheet      
Current assets 1,417,948 1,354,100 1,700,664
Total assets 6,103,222 7,094,864 8,179,625
Total equity 1,360,026 1,999,775 2,322,787
Current liabilities 4,638,251 3,833,553 3,400,294
Total liabilities 4,743,196 5,095,089 5,856,838
Cash Flow      
Net cash from operating activities 708,281 772,296 486,153
Net cash used in investing activities -318,879 -972,345 -613,387
Net cash (used in) generated from financing activities -351,903 -113,405 444,823
Cash and cash equivalents at end of year 699,998 407,743 742,181
Financial Indicators      
Basic earnings per share (HK cents) 6.9 29.0 29.6
Diluted earnings per share (HK cents) 6.9 29.0 29.5
Gross profit margin (%) 15 17 18
Profit margin for the year (%) 3 10 8
Average finance costs (%) 4.6 4.6 4.4
Return on average equity (%) 6 22 19
Revenue
Profit for The Year
Basic Earnings per Share
Segment Result 2021