TL Natural Gas Holdings (HKSE:08536) Total Operating Expense: HK$14.85 Mil (TTM 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:08536 TL Natural Gas Holdings Ltd HKSE:08536
50 GF Score
Price HK$0.24
GF Value HK$0.29
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is TL Natural Gas Holdings Total Operating Expense?

TL Natural Gas Holdings HKSE:08536 50 Total Operating Expense is HK$14.85 Mil as of Dec. 2025. GuruFocus rates HKSE:08536 with a GF Score™ of 50/100 and a GF Value™ of HK$0.29 (Modestly Undervalued). The stock has 4 warning signs investors should review.

TL Natural Gas Holdings's Total Operating Expense for the six months ended in Dec. 2025 was HK$7.90 Mil. TL Natural Gas Holdings's Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was HK$14.85 Mil.


TL Natural Gas Holdings Total Operating Expense Related Terms


TL Natural Gas Holdings Total Operating Expense Historical Data

* Premium members only.

The historical data trend for TL Natural Gas Holdings's Total Operating Expense 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.

TL Natural Gas Holdings Total Operating Expense Chart

TL Natural Gas Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.08 18.44 14.91 16.06 14.93

TL Natural Gas Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Total Operating Expense 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 7.59 8.64 7.49 6.96 7.90
HKSE:08536
50GF Score
TL Natural Gas Holdings Ltd HKSE:08536
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TL Natural Gas Holdings Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$14.85 Mil.

* 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.

What does a Total Operating Expense of HK$14.85 Mil mean?
TL Natural Gas Holdings (HKSE:08536) has a Total Operating Expense of HK$14.85 Mil as of Dec. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on TL Natural Gas Holdings and its competitors.
Is TL Natural Gas Holdings' Total Operating Expense too high?
TL Natural Gas Holdings' current Total Operating Expense is HK$14.85 Mil. Overall, TL Natural Gas Holdings has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TL Natural Gas Holdings' Total Operating Expense compare to CASY and WSM?
TL Natural Gas Holdings' Total Operating Expense of HK$14.85 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for an Oil & Gas company?
A good Total Operating Expense depends on the Oil & Gas industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on TL Natural Gas Holdings and its competitors. TL Natural Gas Holdings's current Total Operating Expense is HK$14.85 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TL Natural Gas Holdings stock overvalued right now?
Based on GuruFocus' analysis, TL Natural Gas Holdings (HKSE:08536) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.29, compared to a current price of HK$0.24 — trading 16.2% below its estimated fair value. The current Total Operating Expense is HK$14.85 Mil. TL Natural Gas Holdings' overall GF Score™ is 50/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For TL Natural Gas Holdings (HKSE:08536), the current Total Operating Expense is HK$14.85 Mil 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 TL Natural Gas Holdings (HKSE:08536) Overvalued in 2026?

Based on GuruFocus' analysis, TL Natural Gas Holdings stock appears to be undervalued. The current stock price of HK$0.24 is trading 16.2% below its estimated GF Value™ of HK$0.29. GuruFocus considers TL Natural Gas Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:08536:

  • Total Operating Expense: HK$14.85 Mil
  • GF Value™: HK$0.29 vs. price of HK$0.24 (16.2% below fair value)
  • GF Score™: 50/100 with 4 warning signs

No single metric tells the full story. See the HKSE:08536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TL Natural Gas Holdings Business Description

Industry EnergyOil & Gas
Address Dong Fang Road, Jingzhou Primary Station, Economic Development Zone, Hubei Province, Jingzhou, CHN
TL Natural Gas Holdings Ltd is engaged in the sale of natural gas, including compressed natural gas and liquefied natural gas, and the provision of transmission services for natural gas. The group has two reportable segments: Sales of natural gas and Others. The Others segment includes automated car wash and fast food catering services. It generates the majority of its revenue from the Sales of natural gas segment.
50GF Score

Get the complete analysis for HKSE:08536

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.24
Price
HK$0.29
GF Value