Tian Lun Gas Holdings (HKSE:01600) Net Margin %: -2.21% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:01600 Tian Lun Gas Holdings Ltd HKSE:01600
71 GF Score
Price HK$2.65
GF Value HK$3.92
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Tian Lun Gas Holdings Net Margin %?

Tian Lun Gas Holdings HKSE:01600 -0.19% 71 Net Margin % is -2.21% as of Dec. 2025. GuruFocus rates HKSE:01600 with a GF Score™ of 71/100 and a GF Value™ of HK$3.92 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 498 Utilities - Regulated companies, Tian Lun Gas Holdings ranks worse than 87.15% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Tian Lun Gas Holdings's Net Income for the six months ended in Dec. 2025 was HK$-90 Mil. Tian Lun Gas Holdings's Revenue for the six months ended in Dec. 2025 was HK$4,083 Mil. Therefore, Tian Lun Gas Holdings's net margin for the quarter that ended in Dec. 2025 was -2.21%.

The historical rank and industry rank for Tian Lun Gas Holdings's Net Margin % or its related term are showing as below:

HKSE:01600' s Net Margin % Range Over the Past 10 Years
Min: 0.47   Med: 11.39   Max: 16.2
Current: 0.47


HKSE:01600's Net Margin % is ranked worse than
87.15% of 498 companies
in the Utilities - Regulated industry
Industry Median: 8.155 vs HKSE:01600: 0.47

Tian Lun Gas Holdings  (HKSE:01600) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Tian Lun Gas Holdings Net Margin % Related Terms


Tian Lun Gas Holdings Net Margin % Historical Data

* Premium members only.

The historical data trend for Tian Lun Gas Holdings's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tian Lun Gas Holdings Net Margin % Chart

Tian Lun Gas Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.08 5.89 6.21 3.87 0.49

Tian Lun Gas Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.79 3.45 4.28 2.84 -2.21

HKSE:01600 vs ATO, NI: Net Margin % Comparison

For the Utilities - Regulated Gas subindustry, Tian Lun Gas Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tian Lun Gas Holdings Net Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tian Lun Gas Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tian Lun Gas Holdings's Net Margin % falls into.


HKSE:01600
71GF Score
Tian Lun Gas Holdings Ltd HKSE:01600
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tian Lun Gas Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Tian Lun Gas Holdings's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=42.67/8768.734
=0.49 %

Tian Lun Gas Holdings's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-90.214/4082.959
=-2.21 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -2.21% mean?
Tian Lun Gas Holdings (HKSE:01600) has a Net Margin % of -2.21% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Tian Lun Gas Holdings and its competitors. Over the past decade, Tian Lun Gas Holdings' Net Margin % has ranged from 0.47 to 16.20. According to the industry distribution chart, Tian Lun Gas Holdings ranks #434 out of 498 companies in the Utilities - Regulated industry, placing it in the top 87.1%.
Is Tian Lun Gas Holdings' Net Margin % too high?
Tian Lun Gas Holdings' current Net Margin % is -2.21%. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 16.20. Based on the distribution chart, Tian Lun Gas Holdings ranks #434 out of 498 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Tian Lun Gas Holdings has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tian Lun Gas Holdings' Net Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Tian Lun Gas Holdings ranks #434 out of 498 companies for Net Margin %. This places Tian Lun Gas Holdings in the lower half of its industry. The industry median Net Margin % is 8.16. Historically, Tian Lun Gas Holdings' own Net Margin % has ranged from 0.47 to 16.20 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Utilities - Regulated company?
The median Net Margin % among Utilities - Regulated companies is 8.16, based on 498 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Tian Lun Gas Holdings and its competitors. For the Utilities - Regulated industry, the median Net Margin % is 8.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tian Lun Gas Holdings's current Net Margin % is -2.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian Lun Gas Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tian Lun Gas Holdings (HKSE:01600) is currently considered Possible Value Trap. The stock's GF Value™ is HK$3.92, compared to a current price of HK$2.65 — trading 32.5% below its estimated fair value. The current Net Margin % is -2.21%. Tian Lun Gas Holdings' overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Tian Lun Gas Holdings (HKSE:01600), the current Net Margin % is -2.21% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tian Lun Gas Holdings (HKSE:01600) Overvalued in 2026?

Based on GuruFocus' analysis, Tian Lun Gas Holdings stock appears to be undervalued. The current stock price of HK$2.65 is trading 32.5% below its estimated GF Value™ of HK$3.92. GuruFocus considers Tian Lun Gas Holdings to be Possible Value Trap.

Key valuation signals for HKSE:01600:

  • Net Margin %: -2.21%
  • GF Value™: HK$3.92 vs. price of HK$2.65 (32.5% below fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the HKSE:01600 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tian Lun Gas Holdings Business Description

Other Exchanges TLJ:Germany
Address No. 6 Huang He East Road, 4th Floor, Tian Lun Group Building, Zheng Dong Xin District, Henan Province, Zhengzhou City, CHN, 450003
Tian Lun Gas Holdings Ltd is a Chinese investment holding company whose subsidiaries are engaged in the investment, operation and management of gas pipeline connections, transportation, distribution and sales of gas, construction and operation of gas filling stations, and production and sales of LNG in the People's Republic of China. The segments of the company are the sale of natural gas in cylinders, sale of natural gas in bulk, engineering construction services, and other segments. The company derives the majority of its revenue from the sale of natural gas.
71GF Score

Get the complete analysis for HKSE:01600

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$2.65
Price
HK$3.92
GF Value