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Guizhou Gas Group Corporation Ltd Class A

Guizhou Gas Group Corporation Ltd. is a city gas and energy supply services provider in China. It sells gas and provides construction, operation, and service management for natural gas pipelines, urban gas transmission and distribution systems, LNG receiving/storage/supply stations, and gas stations, along with related engineering design, construction, and maintenance. The company purchases pipeline natural gas, LNG, shale gas, and biomass gas from upstream suppliers and distributes them to urban residents, commercial, industrial, heating, gas station, and comprehensive energy users through its pipeline, gate station, storage and distribution station, and transmission and distribution networks. Founded in 2003, it is based in Guiyang, China.

Price · split & dividend adjusted
News & notes moving 600903.CG
China
600903.CG▼

Guizhou Gas 2026 Interim Report Net Profit Falls 30.58% Year-on-Year

Guizhou Gas released its 2026 interim report, showing total operating revenue of 3.276 billion yuan, down 10.70% year-on-year; net profit attributable to the parent company was 65.8246 million yuan, down 30.58% year-on-year. Net cash inflow from operating activities was 662 million yuan, up 17.34% year-on-year, achieving growth for two consecutive years. The company's asset-liability ratio was 63.30%, gross margin was 15.67%, ROE was 2.02%, and diluted earnings per share was 0.06 yuan. The number of shareholders was 38,900, and the top ten shareholders held 70.01% of the total share capital.
600903.CG · Capital · Negative Net profit fell 30.58% year-on-year in the interim report.
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Guizhou Listed Companies Report Strong First-Half Earnings Forecasts, Cash Dividends and Buybacks Rank First in Western China

Recently, Guizhou listed companies have been intensively disclosing their first-half 2026 earnings forecasts, with many delivering impressive results. CNGR Advanced Material expects a net profit attributable to shareholders of 1.25 billion to 1.35 billion yuan, up 70.58% to 84.23% year-on-year, with core product sales exceeding 250,000 tonnes. Qian Yuan Power expects net profit to rise over 70% year-on-year. Anda Technologies, Panjiang Coal and Electric Power, and Chitianhua all turned losses into profits. At the same time, Guizhou listed companies are actively rewarding investors. Since the beginning of this year, cumulative cash dividends have reached 38.378 billion yuan, and share buybacks have totalled 3.387 billion yuan, both ranking first in the western region. The chairman of Qian Yuan Power has proposed a 2026 interim dividend, and companies including Kweichow Moutai, Guizhou Gas, and Vontron Technology have already made clear plans. In addition, Yibai Pharmaceutical and Guizhou Bailing recently disclosed that they will change the purpose of their share buybacks to cancellation and reduction of registered capital, while Chanhen Chemical completed the cancellation of 1.76 million repurchased shares in March this year.
600227.CG · Capital · Positive Turned loss into profit in first-half 2026 earnings forecast.
600395.CG · Capital · Positive Turned loss into profit in first-half 2026 earnings forecast.
300919.CS · Capital · Positive Expects net profit up 70.58%-84.23% year-on-year with core product sales exceeding 250,000 tonnes.
600594.CG · Capital · Positive Disclosed change of share buyback purpose to cancellation and reduction of registered capital.
002039.CS · Capital · Positive Expects net profit to rise over 70% year-on-year and chairman proposed interim dividend.
600519.CG · Capital · Positive Has made clear plans for cash dividends and buybacks, contributing to investor returns.
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Guizhou Gas Subsidiary Fails in Administrative Reconsideration Over Franchise Area Delimitation, Plans to File Administrative Lawsuit

Guizhou Gas wholly-owned subsidiary Guizhou Gas Group Weng'an County Gas Company has failed to gain support in its administrative reconsideration over the delimitation of part of the pipeline gas franchise area in Weng'an Industrial Park, and plans to file an administrative lawsuit subsequently. The Weng'an County People's Government made an administrative decision in March 2026, assigning the Circular Industrial Park and Fine Chemical Park within the Weng'an Industrial Park area to Weng'an County Kunlun Gas Company. Weng'an Company applied for administrative reconsideration to the Qiannan Buyei and Miao Autonomous Prefecture People's Government on April 30, 2026, and the reconsideration decision received on July 24 upheld the original administrative decision. The company stated that this matter may lead to changes in Weng'an Company's franchise scope within the Weng'an Industrial Park area, thereby adversely affecting its operations.
600903.CG · Regulation · Negative Subsidiary lost administrative reconsideration over franchise area delimitation, losing part of its pipeline gas franchise area to a competitor, which may adversely affect operations.
贵州燃气集团瓮安县燃气有限公司 · Regulation · Negative Guizhou Gas Group Weng'an County Gas Company failed in administrative reconsideration and faces loss of franchise area, planning to file a lawsuit; the matter may adversely affect its operations.
瓮安县昆仑燃气有限公司 · Competition · Positive Weng'an County Kunlun Gas Company was assigned the Circular Industrial Park and Fine Chemical Park within Weng'an Industrial Park, expanding its franchise area at the expense of Guizhou Gas's subsidiary.
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