China Natural Gas, Inc. (CHNGQ) Stock Price & Analysis
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For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.5-flash, generated Jun 15, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerChina Natural Gas, Inc. (CHNGQ) trades at $0.00001. China Natural Gas, Inc. historically operated as a diversified natural gas company in China, distributing CNG and piped natural gas to commercial, industrial, and residential customers. Sector: Energy.
Price as of · Last analyzed: Jun 15, 2026Analyst Coverage for CHNGQ: CHNGQ does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
No score published: we hold no usable price for this ticker, and a grade beside a missing price says nothing.
China Natural Gas, Inc. (CHNGQ) Energy Operations & Outlook
China Natural Gas, Inc. historically functioned as a diversified natural gas distributor across the People's Republic of China, managing CNG fueling stations and a piped natural gas network. The entity is presently in Chapter 7 liquidation, having ceased operations following bankruptcy proceedings initiated in 2013, reflecting its past market position in the Chinese utilities sector.
What Is the Investment Thesis for CHNGQ?
The investment thesis for China Natural Gas, Inc. (CHNGQ) must be viewed through the lens of its Chapter 7 liquidation status, which commenced on July 2, 2014. Historically, the company's value drivers were rooted in its significant infrastructure, including 31 CNG fueling stations and a 120-kilometer natural gas pipeline serving over 122,000 customers across Shaanxi and Henan provinces as of December 31, 2012. Its diversified offerings, spanning CNG distribution, piped natural gas, and vehicle conversion services, positioned it within China's growing energy demand landscape. However, the involuntary Chapter 11 bankruptcy filing in February 2013, followed by conversion to Chapter 7, signifies the complete cessation of operations and the process of asset disposition to satisfy creditors. Consequently, traditional growth catalysts are no longer applicable, and the primary focus for any remaining stakeholders is the outcome of the liquidation process. Key risk factors include the complete loss of shareholder value, as common shareholders are typically last in line during Chapter 7 proceedings, and the inherent uncertainties surrounding the timeline and recovery rates from asset sales.
Based on FMP financials and quantitative analysis
CHNGQ Key Highlights
Market Capitalization of $0.00B, reflecting its current status as a company undergoing Chapter 7 liquidation.
- A P/E ratio of 0.00, indicating no current earnings or a non-operational status.
- Historical Profit Margin of 7.7%, providing insight into its past operational efficiency prior to bankruptcy.
- Historical Gross Margin of 34.1%, showcasing its past ability to retain revenue after cost of goods sold.
- A Beta of -116.35, an anomalous figure likely resulting from extremely low trading volume and its distressed financial state, rather than a true market correlation.
Who Are CHNGQ's Competitors?
CHNGQ is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| RBNE Robin Energy Ltd. | $2.16 | -4.00% | 42 5-pillar | |
| BANL CBL International Limited | $4.57 | -1.30% | $9.79M | 56 5-pillar |
| MMLP Martin Midstream Partners L.P. | $2.10 | -3.45% | $85.3M | 53 5-pillar |
| DLNG Dynagas LNG Partners LP | $3.76 | -0.27% | $137M | 85 5-pillar |
| SMC Summit Midstream Corporation | $32.07 | +3.99% | $426M | — |
| TK Teekay Corporation | $14.96 | +0.81% | $1.30B | 98 5-pillar |
| NVGS Navigator Holdings Ltd. | $23.72 | -0.50% | $1.47B | 89 5-pillar |
| TEN Tsakos Energy Navigation Limited | $51.29 | +2.48% | $1.55B | 52 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are CHNGQ's Key Strengths?
Historically operated a substantial infrastructure network, including 31 CNG fueling stations and 120 km of pipelines.
- Served a significant customer base of over 122,000 residential and commercial clients as of December 31, 2012.
- Diversified business model encompassing CNG distribution, piped natural gas, and vehicle conversion services.
- Strategic geographic presence in key Chinese provinces like Shaanxi and Henan, tapping into regional demand.
What Are CHNGQ's Weaknesses?
Currently undergoing Chapter 7 liquidation, indicating complete operational cessation and severe financial distress.
- Involuntary Chapter 11 bankruptcy filing in February 2013 highlighted profound financial instability.
- Minimal market capitalization of $0.00B and a P/E of 0.00 reflect a non-operational and valueless equity state.
- Unknown disclosure status on the OTC market, limiting transparency for any remaining stakeholders.
What Are the Key Risks for CHNGQ?
Financial-distress signal — its Altman Z-Score of 0.90 sits in the distress zone (elevated bankruptcy risk).
- Complete loss of shareholder value, as common shareholders are typically last in line during Chapter 7 liquidation proceedings, with little to no expectation of recovery.
- Uncertainty regarding the timing and final outcome of the asset disposition process, which can be protracted and complex.
- Lack of transparency and public disclosure due to its 'OTC Other' tier listing and liquidation status, making it difficult to monitor progress or assess remaining liabilities.
- Further legal and administrative costs associated with the winding down process, which could deplete any remaining assets available for distribution to higher-priority creditors.
- The stock's extremely low liquidity and minimal market capitalization make it highly susceptible to delisting or complete cessation of trading.
What Threats Does CHNGQ Face?
- Ongoing Chapter 7 liquidation process poses an existential threat, leading to complete loss of shareholder value.
- Intense competition in the Chinese natural gas market from larger state-owned enterprises and regional players.
- Regulatory changes in the highly regulated utilities sector could have impacted profitability and operational scope.
- Economic downturns or shifts in energy policy could have reduced demand for natural gas products prior to its bankruptcy.
What Are CHNGQ's Competitive Advantages?
- Established infrastructure including 31 CNG fueling stations and a 120-kilometer natural gas pipeline network.
- Significant customer base of over 122,000 residential and commercial clients as of December 31, 2012.
- Diversified service offerings encompassing CNG distribution, piped gas, and vehicle conversion facilities.
- Regional operational presence across Shaanxi, Henan, and Hubei Provinces, providing local market penetration.
What Does CHNGQ Do?
China Natural Gas, Inc. operated as a diversified natural gas company, delivering both natural gas and gasoline products to a broad client base encompassing commercial, industrial, and residential customers across the People's Republic of China. As of December 31, 2012, its core operations centered on the distribution of compressed natural gas (CNG) through an extensive network of 31 fueling stations, which were controlled by its variable interest entity. These stations were strategically distributed across key regions, with 20 located in Shaanxi Province, 10 in Henan Province, and one in Hubei Province, facilitating widespread access to CNG for vehicle users. Beyond its CNG distribution, the company was also instrumental in the installation and management of a high-pressure natural gas pipeline network. This infrastructure, spanning approximately 120 kilometers as of the same date, was crucial for supplying piped natural gas to over 122,000 residential and commercial customers. These customers were primarily located in significant urban and county areas within Shaanxi Province, including Xi'an, Lantian County, Lintong, and Baqiao, as well as Lingbao in Henan Province. In addition to its primary distribution activities, China Natural Gas, Inc. maintained four specialized facilities dedicated to converting gasoline-powered vehicles to operate on a hybrid natural gas/gasoline system, further diversifying its service offerings within the energy sector. Headquartered in Xi'an, the company ultimately faced severe financial distress, leading to an involuntary Chapter 11 bankruptcy petition filed in February 2013. This petition subsequently resulted in the conversion to a Chapter 7 liquidation on July 2, 2014, marking the cessation of its operational activities and the commencement of asset disposition.
What Products and Services Does CHNGQ Offer?
- Operated as a diversified natural gas company in the People's Republic of China.
- Distributed compressed natural gas (CNG) through a network of 31 fueling stations.
- Managed a high-pressure natural gas pipeline network spanning approximately 120 kilometers.
- Supplied piped natural gas to over 122,000 residential and commercial customers.
- Maintained facilities for converting gasoline-powered vehicles to hybrid natural gas/gasoline systems.
- Served commercial, industrial, and residential clients with natural gas and gasoline products.
- Had a geographic presence primarily in Shaanxi, Henan, and Hubei Provinces.
- Was headquartered in Xi'an, China.
How Does CHNGQ Make Money?
- Revenue generation from the sale of compressed natural gas (CNG) at its 31 fueling stations.
- Income derived from the distribution and sale of piped natural gas to over 122,000 residential and commercial customers.
- Earnings from services related to converting gasoline-powered vehicles to hybrid natural gas/gasoline systems.
- Operated through a variable interest entity that controlled its fueling station network as of December 31, 2012.
What Industry Does CHNGQ Operate In?
China Natural Gas, Inc. historically operated within the Regulated Gas industry, a segment of the broader Utilities sector in China. Prior to its liquidation, the company was positioned to capitalize on the increasing demand for natural gas in the People's Republic of China, driven by economic growth and environmental policies favoring cleaner energy sources. Its business model involved both the distribution of compressed natural gas (CNG) through fueling stations and piped natural gas via a dedicated pipeline network. The competitive landscape in China's natural gas distribution sector typically involves a mix of state-owned enterprises and private entities, often operating under regional monopolies or concessions for pipeline infrastructure. China Natural Gas, Inc.'s historical presence across multiple provinces, with 31 CNG stations and a 120-kilometer pipeline, indicated a significant regional footprint within this regulated environment, serving a substantial customer base of over 122,000 residential and commercial clients.
Who Are CHNGQ's Key Customers?
- Commercial clients utilizing natural gas for various business operations.
- Industrial clients requiring natural gas for manufacturing and energy needs.
- Residential customers using piped natural gas for heating, cooking, and other household purposes.
- Vehicle owners seeking alternative fuel options for their gasoline-powered cars.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● No usable price
- ● No filing on record
- ● No analyst coverage
Key Financial Metrics
Return on equity for China Natural Gas, Inc. stands at 5.7%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 3.9%, showing how much profit it generates from its asset base. CHNGQ trades at a trailing price-to-earnings ratio of 0.00, below the Utilities sector average of ~18.40x. A current ratio of 0.31 means current liabilities exceed short-term assets, a liquidity point worth watching.
Company Profile
China Natural Gas, Inc. operates in the Energy sector. It is headquartered in Xi'an, CN. The company is led by CEO Shu Wen Kang. CHNGQ has traded publicly since 2004.
Financial Health
China Natural Gas, Inc.'s Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 0.90 places it in the distress zone, a signal of elevated financial risk.
CHNGQ Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
CHNGQ Latest News
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Stocks That Hit 52-Week Lows On Tuesday
· Mar 24, 2020
CHNGQ Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for CHNGQ.
Price Targets
Wall Street price target analysis for CHNGQ.
CHNGQ MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for CHNGQ; grades run from A+ (80-100) to F (below 30).
Leadership: Shuwen Kang
Former Chief Executive Officer
As CEO, Kang was responsible for managing the company's operations, which included overseeing a workforce of 1056 employees. This leadership role encompassed the strategic direction and day-to-day management of the company's diversified natural gas distribution and vehicle conversion businesses across its operational provinces in China.
Track Record: Under Shuwen Kang's leadership, China Natural Gas, Inc. maintained a significant operational footprint, including a network of 31 CNG fueling stations and a 120-kilometer natural gas pipeline serving over 122,000 customers as of December 31, 2012. The company also operated four facilities for vehicle conversions. However, the company ultimately faced an involuntary Chapter 11 bankruptcy petition in February 2013, which was subsequently converted to a Chapter 7 liquidation on July 2, 2014, marking the end of its operational existence.
CHNGQ OTC Market Information
China Natural Gas, Inc. trades on the OTC market under the 'OTC Other' tier. This tier typically includes companies that do not meet the disclosure or financial standards for OTCQX or OTCQB, or those that are in financial distress, bankruptcy, or liquidation, as is the case with CHNGQ. Unlike stocks listed on major exchanges like the NYSE or NASDAQ, which have stringent listing requirements for financial health, corporate governance, and minimum share prices, companies in the 'OTC Other' tier face minimal regulatory oversight and disclosure obligations, resulting in significantly less publicly available information and higher investment risk.
- OTC Tier: OTC Other
- Complete loss of shareholder value due to Chapter 7 liquidation, as common shareholders are typically last in line for asset distribution.
- Extremely limited public disclosure and financial transparency, making it impossible to assess the company's current financial standing or liquidation progress.
- Severe illiquidity and potential absence of a trading market, making it difficult or impossible to exit any existing positions.
- High susceptibility to price manipulation due to low trading volume and lack of regulatory oversight on the 'OTC Other' tier.
- Uncertainty regarding the timeline and outcome of the asset disposition process, with no guarantee of any recovery for equity holders.
- Verify the current status of the Chapter 7 liquidation proceedings through official court documents, if publicly accessible.
- Assess any available information regarding the company's assets and liabilities to understand potential recovery for creditors.
- Research any news or regulatory filings related to the company's bankruptcy and liquidation, even if limited.
- Understand that the 'OTC Other' tier implies minimal disclosure, requiring a high degree of caution and acceptance of information scarcity.
- Recognize that a $0.00B market cap and 0.00 P/E ratio indicate the equity likely holds no intrinsic value.
- Consult with legal or financial experts specializing in bankruptcy and distressed assets if considering any involvement.
- Be aware that trading in such a stock carries extreme risk, and a total loss of investment is the most probable outcome.
- Historically operated a significant network of 31 CNG fueling stations and a 120-kilometer natural gas pipeline, indicating a substantial operational footprint prior to liquidation.
- Employed 1056 individuals, suggesting a formerly established and sizable organization with a tangible business.
- Served over 122,000 residential and commercial customers, demonstrating a past market presence and customer engagement.
- Was headquartered in Xi'an, China, indicating a physical and administrative base for its operations before its financial distress.
China Natural Gas, Inc. Energy Stock: Key Questions Answered
What is the current status of China Natural Gas, Inc. given its OTC listing?
China Natural Gas, Inc. (CHNGQ) is currently undergoing Chapter 7 liquidation, a process that commenced on July 2, 2014, following an involuntary Chapter 11 bankruptcy petition filed in February 2013. This means the company has ceased all operations, and its assets are being sold off to pay creditors.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- The company is in Chapter 7 liquidation, which significantly impacts the interpretation of all financial and operational data.
- Word count requirements for 'investmentThesis' and 'growthOpportunities' were challenging given the liquidation status; content focuses on historical context and implications of liquidation.
- Limited specific background and track record data for CEO Shuwen Kang were provided, leading to general statements based on the company's operational history.