Skip to main content CORPORATE PRESENTAION – China Gas Holdings Limited Investor Presentation | Shale Experts
Loading...
Pm

CORPORATE PRESENTAION – China Gas Holdings Limited

China Gas Holdings Limited · Jul 1, 2014 · 27 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 1
    Corporate Presentation July 2014
  2. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 2
    CONTENTS China Gas Overview Operational Performance Financial Performance Guidance 2
  3. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 3
    China Gas Overview Business Description China Gas Holdings Limited (CGH) is a leading downstream natural gas and liquefied petroleum gas (LPG) supplier in China with a proven track record of fast growth and expansion CGH is listed on…
  4. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 4
    Natural Gas - Business Model Natural gas fields City gate Storage tanks (spherical or cylinder) Assets owned by the Group: Main pipelines Industrial users Branch pipelines Residential Pressure regulating boxes…
  5. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 5
    Natural Gas - Pricing System Natural gas business operates on a cost-plus pricing model END-USER TARIFF COMPONENTS Exploration Transportation Distribution Wellhead price Transmission tariffs Distribution cost + Return NDRC…
  6. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 6
    Proven History - Successful Cost Pass-Through July 2013 Price Hike June 2010 Price Hike Price Adjustment Price Adjustment NDRC increased city gas price for non-residential users NDRC increased wellhead price by RMB0.23/m 3…
  7. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 7
    OPERATIONAL PERFORMANCE 7
  8. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 8
    New Investments Natural Gas Acquired 52 city concessions and 2 long-distance pipelines in 19 provinces and territories, increasing the total numbers of city concessions and long distance pipelines to 237 and 12 respectively;…
  9. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 9
    CNG/LNG Refueling Stations CNG stations focused development strategy Strongest growth Most profitable Currently owns: 295 CNG stations in 80 cities 58 LNG stations in 35 cities 9
  10. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 10
    Piped Gas Sales Volume 8,800 8,169.1 8,000 124.3 7,200 7,014.2 189.3 Period Volume Growth: Total Total sales volume (million m3) 6,400 5,769.9 FY14 16.5% 5,600 206.5 4,800 FY13 21.6% 4,000 8,044.8 6,824.9 3,200…
  11. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 11
    Natural Gas - Volume Growth 8,044.8 8,000 7,000 6,824.8 Period Volume Growth: City Projects 2,381.6 FY14 27.4% 6,000 Total sales volume (million m3) 5,563.4 2,379.4 FY13 28.6% 5,000 2,105.9 4,000 3,000 5,663.2…
  12. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 12
    Natural Gas Volume - Customer Breakdown 8,500 8,044.8 7,500 1,129.6 6,824.9 Natural gas sales volume (million m3) 6,500 835.9 Sales Volume % of Total Volume 5,563.4 Growth in 5,500 Customer FY14 FY14 FY13 705.5 4,500…
  13. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 13
    Natural Gas - Customer & Tariff Growth FY14 FY13 Change from Customer Organic Acquired Portfolio Total Portfolio Total FY13 Residential 1,662,167 205,837 10,306,995 8,438,991 22.1% Industrial 528 31 2,714 2,155 25.9% Commercial 8,656…
  14. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 14
    Natural Gas - Other Operational Data FY14 FY13 FY12 Residential Connection Fee 2,562 2,550 2,473 (RMB per customer) Urban Population Covered (million) 75.5 65.7 62.5 Household Penetration Rate 44.0% 42.0% 37.4% 14
  15. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 15
    Supportive Regulatory Environment and Policies Recent Polices on Natural Gas Industry Regulatory Policy Key Points Related to Natural Gas Industry 12th Five-Year Plan for Natural Gas Industry To guide efficient use of natural gas…
  16. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 16
    16
  17. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 17
    LPG: A Complete Turn-around FY14 FY13 Change from FY13 Sales Volume (tonnes) 1,756,900 889,342 97.6% Sales revenue (HK000) 11,268,183 7,886,736 42.9% Operating Profit (HK000) 167,124 (6,545) - Gross Margin (%) 6.74% 5.81% +0.93%pts…
  18. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 18
    LPG: A Complete Turn-around Upstream Midstream Downstream End Users LPG Import LPG Class II Industrial receiving Stations terminals 8 LPG Terminals (Class 1 & 2) LPG LPG Fleet Capacity: 12,600 tonnes Commercial Domestic…
  19. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 19
    LPG: A Complete Turn-around Largest LPG operator in China Owns 8 LPG receiving terminals and 300,000 m3 of LPG storage capacity in PRC Owns 98 LPG distribution projects and 957 retail stores Distributes LPG in 10 provinces such…
  20. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 20
    20
  21. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 21
    FINANCIAL PERFORMANCE 21
  22. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 22
    Financial Summary - Income Statement HK millions FY14 % change FY13 Revenue 26,008.0 44.8% 17,955.7 Piped Gas Sales 10,872.2 47.9% 7,351.5 Connection Fees 3,837.4 41.6% 2,709.5 LPG Sales 11,268.2 42.9% 7,886.7 Others 30.3 278.8%…
  23. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 23
    Financial Summary - Balance Sheet HK millions FY14 FY13 Total Assets 45,264.6 32,495.0 Total Equity 18,157.0 12,742.8 Shareholder's Equity 15,783.5 11,484.6 Cash 6,704.6 4,499.3 Short-term Bank Debt 5,760.7 8,445.2 Of which…
  24. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 24
    Financial Summary - Margins FY14 FY13 Gross Margin 20.3% 21.0% Piped Gas Sales 18.3% 19.8% Connection Fees 67.2% 67.9% LPG Sales 6.7% 5.8% EBITDA Margin 19.1% 19.8% Net Profit Margin 11.5% 11.3% Return on Equity 18.9%…
  25. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 25
    Corporate Management Region-based Coordination and Management Shifting the operational focus to a lower level; Moving the management platform to the frontend Share Option 16 April 2014, granted a total of 250m share options to…
  26. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 26
    FY2015 2016 GUIDANCE 26
  27. CORPORATE PRESENTAION – China Gas Holdings Limited – slide 27
    FY2015 - 2016 Guidance Enhance organic growth in existing city gas projects Boost huge natural gas consumption new coal to gas and winter heating applications Expand Hub-Satellite City investment program to add more concessions to…

From the store

Browse maps, data & reports in the Shale Experts store