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China Resources Gas Group
(OTC:1193)
China Resources Gas Group (1193) vs. S&P 500 (SPY)
China Resources Gas Group Business Overview & Revenue Model
China Resources Gas Group Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 104.98B | 101.27B | 94.34B | 79.64B | 55.86B | 56.98B | Gross Profit |
| 18.83B | 18.45B | 17.97B | 19.10B | 14.96B | 14.15B | EBIT |
| 7.75B | 6.97B | 7.92B | 9.62B | 7.14B | 6.68B | EBITDA |
| 12.34B | 13.24B | 12.02B | 12.28B | 9.26B | 8.53B | Net Income Common Stockholders |
| 5.14B | 5.22B | 4.73B | 6.40B | 5.15B | 5.04B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 6.52B | 10.81B | 6.44B | 10.09B | 13.45B | 13.51B | Total Assets |
| 19.16B | 137.87B | 112.05B | 106.14B | 93.87B | 81.82B | Total Debt |
| 5.63B | 27.12B | 23.28B | 12.40B | 11.76B | 14.03B | Net Debt |
| -895.50M | 17.14B | 16.84B | 2.31B | -1.70B | 517.54M | Total Liabilities |
| 11.58B | 74.49B | 58.75B | 51.25B | 46.75B | 45.75B | Stockholders Equity |
| 5.68B | 40.77B | 39.33B | 41.26B | 36.27B | 26.80B |
| Cash Flow | Free Cash Flow | ||||
| 4.34B | 4.51B | -2.14B | 2.85B | 4.24B | 4.60B | Operating Cash Flow |
| 9.65B | 10.16B | 4.28B | 8.80B | 8.95B | 8.86B | Investing Cash Flow |
| -5.04B | -4.53B | -15.23B | -9.44B | -7.79B | -4.67B | Financing Cash Flow |
| -12.09B | -1.96B | 8.16B | -2.99B | -1.83B | -1.23B |
China Resources Gas Group Technical Analysis
China Resources Gas Group Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $69.18B | 10.71 | 13.65% | 4.70% | -5.28% | -13.15% | |
70 Neutral | $12.04B | 7.31 | 6.93% | 5.11% | 7.42% | -2.23% | |
63 Neutral | $8.54B | 12.48 | 6.34% | 4.37% | 3.06% | -9.41% | |
60 Neutral | HK$2.55B | 7.72 | 5.13% | 6.57% | -1.30% | -38.13% | |
59 Neutral | $49.11B | 12.15 | 9.94% | 5.62% | 1.39% | -21.74% | |
56 Neutral | €12.14B | 83.75 | 1.91% | ― | -1.26% | -40.09% |
China Resources Gas Group Corporate Events
Chongqing Gas Group Corporation Ltd., a subsidiary of China Resources Gas Group Limited, released its annual financial report for the year ending December 31, 2024. The report highlights a slight increase in total assets and net assets attributable to shareholders, while revenue saw a minor decline. Notably, net profit attributable to shareholders decreased by over 23%, and basic earnings per share dropped by 21.88%. Despite these challenges, the company proposed a final cash dividend, subject to shareholder approval, reflecting its commitment to returning value to shareholders.
Chongqing Gas, a subsidiary of China Resources Gas Group, reported its unaudited financial results for the first quarter of 2025, showing a slight increase in revenue but a continued net loss. The company’s financial position reflects a decrease in cash and cash equivalents and total assets, indicating potential challenges in liquidity and operational efficiency, which stakeholders should consider cautiously.
China Resources Gas Group Limited has announced the renaming of its Corporate Governance Committee to the Environmental, Social and Governance (ESG) Committee. This change reflects the company’s commitment to integrating sustainable development into its strategy, with the committee’s responsibilities now expanded to include formulating and overseeing ESG strategies and compliance with relevant standards.
China Resources Gas Group Limited has updated the terms of reference for its Environmental, Social, and Governance (ESG) Committee. The committee is tasked with assisting the Board in shaping and reviewing the company’s ESG policies and practices, ensuring alignment with legal and international standards. This move reflects the company’s commitment to enhancing its corporate governance and sustainability efforts, potentially impacting its operational strategies and stakeholder relations.
China Resources Gas Group Limited reported its financial results for the year ending December 31, 2024, with a slight increase in revenue by 1.4% to HK$102,676 million and a marginal rise in core profit by 0.02% to HK$4,148 million. However, the profit attributable to owners decreased by 21.7% to HK$4,088 million. The company also announced a 3.4% increase in the full-year core dividend per share. Despite a challenging year, the company managed to increase its gross gas sales volume by 2.9%, indicating a steady demand in its market.
China Resources Gas Group Limited has announced a final dividend of HKD 0.7 per share for the financial year ending December 31, 2024. Shareholders have the option to receive the dividend in RMB at an exchange rate of HKD 1 to RMB 0.92319. The ex-dividend date is set for May 30, 2025, with payment scheduled for July 18, 2025. This announcement reflects the company’s stable financial performance and commitment to returning value to its shareholders.
China Resources Gas Group Limited has announced a board meeting scheduled for March 28, 2025, to discuss and approve the company’s final results for the year ending December 31, 2024. The meeting will also consider recommending a final dividend, which could impact shareholder returns and reflect the company’s financial health.