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What Beijing Enterprises Does & How It Makes Money (0392.HK)

Updated October 2026 · reflects Beijing Enterprises's latest reported financials

Hong Kong-based conglomerate in gas, water, waste treatment, and beer. It earns most of its revenue from selling and transmitting natural gas, building and running gas pipelines, and fees for water, sewage, and waste treatment, including power sold from waste incineration.

Beijing Enterprises's story, moat and numbers — in a 3-minute visual book.

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How Beijing Enterprises makes money

It earns most of its revenue from selling and transmitting natural gas, building and running gas pipelines, and fees for water, sewage, and waste treatment, including power sold from waste incineration. It also makes money selling beer and beverages.

What Beijing Enterprises does

Beijing Enterprises Holdings Limited is a Hong Kong-based conglomerate, incorporated in 1997, that runs utility and consumer businesses mainly in Mainland China, with some operations in Germany and other countries. It reports four segments: Gas, Water, Environmental, and Brewery. Gas is its broadest business and covers the whole chain: upstream storage and transmission, urban pipeline networks, vehicle and vessel refuelling, distributed energy, LPG, natural gas trading, and new-energy technology. The Water segment invests in, designs, builds, and operates water recycling and sewage treatment facilities. The Environmental segment runs waste-to-energy incineration, treats hazardous and medical waste and sludge, and collects garbage. The Brewery segment makes and sells beer and beverages. This mix gives the company steady, infrastructure-like utility income alongside a consumer business.

Products & services

What is Beijing Enterprises worth?

Fair value: not published

A reliable owner-earnings fair value isn't available for this company yet — we'd rather say so than print a number we don't trust.

We show a fair value only when the method is trustworthy. See Beijing Enterprises on TacticScale →

Sector Industrials Industry Conglomerates HQ Hong Kong Ticker 0392.HK Official site

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