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4-Traders Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  Beijing Enterprises Holdings Limited    0392   HK0392044647

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Beijing Enterprises to Buy 29% in PetroChina Jingtang LNG From Parent

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10/03/2017 | 02:21am CEST
   By Joanne Chiu 
 

Beijing Enterprises Holdings Ltd. (>> Beijing Enterprises Holdings Limited) has agreed to buy a stake in a provider of natural-gas terminal facilities and cargo handling services for 965.97 million yuan (US$145.2 million).

The Beijing based company controlled by state-owned Beijing Enterprises Group Co. said Monday that it has agreed to buy a 29% stake in PetroChina Jingtang LNG Co. from its parent company.

The deal comes after blue-chip Kunlun Energy Co. (>> Kunlun Energy Company Limited) last week agreed to pay CNY1.55 billion to buy a 51% stake in PetroChina Jingtang from its parent PetroChina Co. (>> PetroChina Company Limited).

PetroChina Jingtang operates liquefied natural gas terminals and provides storage and regasification services and other warehousing facilities. Hebei Natural Gas Co. owns the remaining 20% stake in PetroChina Jingtang.

Write to Joanne Chiu at [email protected]

Stocks mentioned in the article
ChangeLast1st jan.
BEIJING ENTERPRISES HOLDINGS LIMITED -0.79% 37.7 End-of-day quote.-18.66%
KUNLUN ENERGY COMPANY LTD -0.73% 6.77 End-of-day quote.-17.44%
PETROCHINA COMPANY -0.55% 7.24 End-of-day quote.-10.01%
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Financials (HKD)
Sales 2018 63 062 M
EBIT 2018 3 973 M
Net income 2018 7 102 M
Debt 2018 44 453 M
Yield 2018 2,82%
P/E ratio 2018 6,64
P/E ratio 2019 6,01
EV / Sales 2018 1,46x
EV / Sales 2019 1,38x
Capitalization 47 579 M
Chart BEIJING ENTERPRISES HOLDIN
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Beijing Enterprises Holdin Technical Analysis Chart | 0392 | HK0392044647 | 4-Traders
Technical analysis trends BEIJING ENTERPRISES HOLDIN
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 48,8  HKD
Spread / Average Target 29%
EPS Revisions
Managers
NameTitle
Zi Bo Hou Chairman & Chief Executive Officer
Chun Fai Tam CFO, Secretary & Executive Director
E. Meng Executive Director & Executive Vice President
Jie Si Wu Independent Non-Executive Director
Xin Hao Jiang Vice Chairman & Vice President
Sector and Competitors
1st jan.Capitalization (M$)
BEIJING ENTERPRISES HOLDINGS LIMITED-18.66%6 110
GAS NATURAL FENOSA22.49%27 599
CHINA GAS HOLDINGS LTD57.51%22 157
TOKYO GAS CO LTD13.43%11 953
GAIL INDIA LTD-4.52%11 803
ATMOS ENERGY CORPORATION5.41%10 085