TacticScale

What China Gas Does & How It Makes Money (0384.HK)

Updated October 2026 · reflects China Gas's latest reported financials

Chinese city gas distributor supplying natural gas and LPG nationwide. It earns most of its revenue by selling natural gas and LPG to residential, industrial and commercial customers through its pipeline networks and distribution systems.

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

Explore China Gas on TacticScale →

How China Gas makes money

It earns most of its revenue by selling natural gas and LPG to residential, industrial and commercial customers through its pipeline networks and distribution systems. It also collects fees for engineering, construction and connection work, and sells value-added services such as household and kitchen appliances.

What China Gas does

China Gas Holdings is a Hong Kong-headquartered investment holding company that supplies energy and related services across the People's Republic of China. Its core business is investing in, building and operating city and town gas pipelines, terminals, storage and logistics facilities, delivering natural gas and LPG to residential, industrial and commercial users. It also operates CNG/LNG fueling stations for vehicles and is involved in coal bed methane exploration and production. The company reports through five segments: Sales of Natural Gas; Engineering Design, Construction and Installation; Sales of LPG; Value-Added Services; and Other Businesses. Beyond gas supply, it trades natural gas and LNG, sells electricity and heating, retails household and kitchen appliances, and provides software, consulting and safety inspection services. It was incorporated in 1995.

Products & services

What is China Gas 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 China Gas on TacticScale →

Sector Utilities Industry Utilities - Regulated Gas HQ Hong Kong Ticker 0384.HK Official site

Related companies

Shenzhen Gas (601139.SS) · ENN Natural Gas (600803.SS)