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Hong Kong Stock Exchange · Energy

Invest in United Strength Power stock from India

Indian and foreign residents can buy United Strength Power (2337) shares directly through Paasa.

By Paasa · Updated

United Strength Power at a glance

Price
HK$1.40-HK$0.02 (1.06%)
Market cap
HK$522.43M
Day range
HK$1.39 – HK$1.41
P/E
-313.73
Dividend yield
None
Volume
252.00K
1 month
+4.10%
6 months
-3.79%
YTD
-18.90%
1 year
-15.96%
5 years
-85.47%

Live chart and statistics

United Strength Power statements, FY2021–FY2025

Fiscal year20252024202320222021
RevenueCN¥6.0BCN¥7.7BCN¥7.3BCN¥6.1BCN¥5.8B
Gross profitCN¥126.4MCN¥439.9MCN¥422.3MCN¥393.1MCN¥612.7M
Operating incomeCN¥45.7MCN¥122.8MCN¥113.6MCN¥87.0MCN¥293.0M
Net income−CN¥2.3MCN¥67.8MCN¥39.5MCN¥16.5MCN¥176.6M
Earnings per share−CN¥0.01CN¥0.18CN¥0.11CN¥0.04CN¥0.47
EBITDACN¥105.2MCN¥149.9MCN¥170.2MCN¥150.6MCN¥369.8M
Total assetsCN¥2.0BCN¥1.9BCN¥1.9BCN¥1.6BCN¥1.5B
Total debtCN¥943.6MCN¥757.9MCN¥692.4MCN¥650.9MCN¥684.5M
Cash and short-term investmentsCN¥365.8MCN¥70.3MCN¥46.5MCN¥138.6MCN¥101.8M
Shareholders' equityCN¥493.3MCN¥510.7MCN¥469.5MCN¥428.7MCN¥411.8M
Operating cash flowCN¥6.7MCN¥18.9MCN¥34.8MCN¥93.5MCN¥63.0M
Free cash flow−CN¥6.7MCN¥3.7M−CN¥13.4MCN¥81.4MCN¥39.2M
Capital expenditure−CN¥13.3M−CN¥15.2M−CN¥48.2M−CN¥12.1M−CN¥23.8M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in CNY; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
China Oil And Gas0603.HKHK$0.13HK$704.60M
CM Energy Tech0206.HKHK$0.20HK$634.78M
SouthGobi Resources1878.HKHK$1.82HK$540.36M
China Shuifa Singyes Energy0750.HKHK$0.19HK$466.40M
Hilong1623.HKHK$0.25HK$408.25M
SPT Energy1251.HKHK$0.19HK$363.47M
Henan Jinma Energy6885.HKHK$0.65HK$348.02M
Yanchang Petroleum International0346.HKHK$0.25HK$269.53M

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in United Strength Power from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to HKD when you buy.

  3. Step 3

    Search 2337 and buy

    Find United Strength Power by name or by its ticker, 2337, and place your order. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.

Why invest in United Strength Power from India

What United Strength Power does

Operating as an investment holding company, United Strength Power Holdings Limited primarily focuses on managing vehicle natural gas refueling stations throughout the People's Republic of China. The company's offerings encompass a variety of fuels, including refined oil, compressed natural gas (CNG), liquefied petroleum gas (LPG), and liquefied natural gas (LNG). United Strength Power operates in the Oil & Gas Refining & Marketing industry within the Energy sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy United Strength Power stock from India?

Yes. Indian residents and NRIs can buy United Strength Power (2337) shares directly through Paasa. United Strength Power is listed on the Hong Kong Stock Exchange, in the Oil & Gas Refining & Marketing industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

Do I need to buy a full United Strength Power share?

Usually more than one, and not a fraction: many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. At HK$1.40 a share, size the order by the lot, not by the share.

How are United Strength Power dividends taxed for Indian investors?

United Strength Power trades on the Hong Kong Stock Exchange but is domiciled in China, so any withholding on its dividends follows that country's rules rather than those of Hong Kong. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.

What tax do I pay in India when I sell United Strength Power shares?

Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the HKD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

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