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Hubei Heyuan Gas Co Ltd

Hubei Heyuan Gas Co., Ltd. researches, develops, produces, sells, and services gas products in China and internationally. It operates through six segments: Bulk Gases, Electronic Specialty Gases and Electronic Chemicals, Silicon-Based Functional New Materials, Exhaust Gas Recovery, Clean Energy, and Industrial-Grade Chemicals. Its offerings include bulk gases such as medical oxygen, industrial oxygen, food-grade nitrogen, industrial nitrogen, argon, helium, carbon dioxide, acetylene, propane, alkanes, and mixed gases; bottled gas and liquid gas; electronic specialty gases and electronic chemicals; and silicon-based functional new materials. The company also provides on-site gas supply, industrial park pipeline gas supply, industrial-grade chemicals, hydrogen for fuel cells, pure hydrogen, ultrapure hydrogen, liquefied natural gas, exhaust gas recovery, recovery and recycling of industrial waste gases, and clean energy solutions. It serves the chemicals, steel, food, home appliances, machinery, semiconductors, new energy, and biomedicine industries. Founded in 2003, the company is based in Yichang, China.

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002971.CS

Heyuan Gas first-half 2026 net profit 35.99 million yuan, down 26.82% year on year

Heyuan Gas released its 2026 interim report, with net profit attributable to the parent company of 35.99 million yuan, down 26.82% from the same period last year. Total operating revenue was 855 million yuan, up 6.12% year on year, marking a fifth consecutive year of growth. Net cash inflow from operating activities was 156 million yuan, up 242.07% year on year. The company's latest asset-liability ratio was 65.33%, down 6.08 percentage points from a year earlier. Gross margin was 20.64%, up 0.05 percentage points year on year. Diluted earnings per share were 0.17 yuan, down 26.09% year on year.
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