Shenzhen Gas (SHSE:601139) Total Operating Expense: ¥2,991 Mil (TTM As of Mar. 2026)

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SHSE:601139 Shenzhen Gas Corp Ltd SHSE:601139
81 GF Score
Price ¥6.48
GF Value ¥6.74
Valuation Fairly Valued
! 7 Warning Signs
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What is Shenzhen Gas Total Operating Expense?

Shenzhen Gas SHSE:601139 +2.21% 81 Total Operating Expense is ¥2,991 Mil as of Mar. 2026. GuruFocus rates SHSE:601139 with a GF Score™ of 81/100 and a GF Value™ of ¥6.74 (Fairly Valued). The stock has 7 warning signs investors should review.

Shenzhen Gas's Total Operating Expense for the three months ended in Mar. 2026 was ¥651 Mil. Shenzhen Gas's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ¥2,991 Mil.

Shenzhen Gas Total Operating Expense Related Terms

Shenzhen Gas Total Operating Expense Historical Data

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The historical data trend for Shenzhen Gas'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.

Shenzhen Gas Total Operating Expense Chart

Shenzhen Gas 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 2,157.15 2,461.42 2,699.81 2,667.52 2,940.71

Shenzhen Gas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 601.28 689.74 905.76 743.94 651.33
SHSE:601139
81GF Score
Shenzhen Gas Corp Ltd SHSE:601139
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Gas 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥2,991 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 ¥2,991 Mil mean?
Shenzhen Gas (SHSE:601139) has a Total Operating Expense of ¥2,991 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Shenzhen Gas and its competitors.
Is Shenzhen Gas' Total Operating Expense too high?
Shenzhen Gas' current Total Operating Expense is ¥2,991 Mil. Overall, Shenzhen Gas has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Gas' Total Operating Expense compare to ATO and NI?
Shenzhen Gas' Total Operating Expense of ¥2,991 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Total Operating Expense depends on the Utilities - Regulated 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 Shenzhen Gas and its competitors. Shenzhen Gas's current Total Operating Expense is ¥2,991 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Gas stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Gas (SHSE:601139) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.74, compared to a current price of ¥6.48 — trading 3.9% below its estimated fair value. The current Total Operating Expense is ¥2,991 Mil. Shenzhen Gas' overall GF Score™ is 81/100 with 7 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 Shenzhen Gas (SHSE:601139), the current Total Operating Expense is ¥2,991 Mil as of Mar. 2026. 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 Shenzhen Gas (SHSE:601139) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Gas stock appears to be undervalued. The current stock price of ¥6.48 is trading 3.9% below its estimated GF Value™ of ¥6.74. GuruFocus considers Shenzhen Gas to be Fairly Valued.

Key valuation signals for SHSE:601139:

  • Total Operating Expense: ¥2,991 Mil
  • GF Value™: ¥6.74 vs. price of ¥6.48 (3.9% below fair value)
  • GF Score™: 81/100 with 7 warning signs

No single metric tells the full story. See the SHSE:601139 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shenzhen Gas Business Description

Address Mei Road 268, Futian District, Guangdong Province, Shenzhen, CHN, 518049
Shenzhen Gas Corp Ltd is engaged in urban pipeline gas supply, liquefied petroleum gas wholesale, and bottled liquefied petroleum gas retail activities in China and internationally. It serves approximately 2.54 million pipeline gas customers. The company also holds rights for pipeline gas business in around 29 cities under the Shenzhen gas brand.
81GF Score

Get the complete analysis for SHSE:601139

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

¥6.48
Price
¥6.74
GF Value