Annonce • Apr 20
Chengdu Gas Group Corporation Ltd., Annual General Meeting, May 11, 2026 Chengdu Gas Group Corporation Ltd., Annual General Meeting, May 11, 2026, at 14:00 China Standard Time. Location: 2F, No. 19, Shaoling Road, Wuhou District, Chengdu, Sichuan China Reported Earnings • Apr 19
Full year 2025 earnings released: EPS: CN¥0.54 (vs CN¥0.55 in FY 2024) Full year 2025 results: EPS: CN¥0.54 (down from CN¥0.55 in FY 2024). Revenue: CN¥5.35b (up 1.5% from FY 2024). Net income: CN¥481.2m (down 1.5% from FY 2024). Profit margin: 9.0% (down from 9.3% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 1% per year. Annonce • Mar 30
Chengdu Gas Group Corporation Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Chengdu Gas Group Corporation Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Annonce • Dec 26
Chengdu Gas Group Corporation Ltd. to Report Fiscal Year 2025 Results on Apr 18, 2026 Chengdu Gas Group Corporation Ltd. announced that they will report fiscal year 2025 results on Apr 18, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.16 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.16 (down from CN¥0.16 in 3Q 2024). Revenue: CN¥952.5m (down 12% from 3Q 2024). Net income: CN¥139.9m (down 4.1% from 3Q 2024). Profit margin: 15% (up from 14% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 5% per year. Annonce • Sep 30
Chengdu Gas Group Corporation Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Chengdu Gas Group Corporation Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Jul 16
Second quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.088 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.11 (up from CN¥0.088 in 2Q 2024). Revenue: CN¥1.15b (up 12% from 2Q 2024). Net income: CN¥97.1m (up 24% from 2Q 2024). Profit margin: 8.4% (up from 7.6% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat. Declared Dividend • Jul 06
Dividend of CN¥0.30 announced Dividend of CN¥0.30 is the same as last year. Ex-date: 7th July 2025 Payment date: 7th July 2025 Dividend yield will be 3.1%, which is lower than the industry average of 3.3%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 4.2% per year over the past 5 years and payments have been stable during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Annonce • Jun 30
Chengdu Gas Group Corporation Ltd. to Report First Half, 2025 Results on Aug 23, 2025 Chengdu Gas Group Corporation Ltd. announced that they will report first half, 2025 results on Aug 23, 2025 Reported Earnings • Apr 22
First quarter 2025 earnings released: EPS: CN¥0.20 (vs CN¥0.22 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.20 (down from CN¥0.22 in 1Q 2024). Revenue: CN¥1.67b (down 1.1% from 1Q 2024). Net income: CN¥179.3m (down 8.4% from 1Q 2024). Profit margin: 11% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 4% per year. Annonce • Apr 20
Chengdu Gas Group Corporation Ltd., Annual General Meeting, May 09, 2025 Chengdu Gas Group Corporation Ltd., Annual General Meeting, May 09, 2025, at 14:00 China Standard Time. Location: 2F, No. 19, Shaoling Road, Wuhou District, Chengdu, Sichuan China Annonce • Mar 28
Chengdu Gas Group Corporation Ltd. to Report Q1, 2025 Results on Apr 19, 2025 Chengdu Gas Group Corporation Ltd. announced that they will report Q1, 2025 results on Apr 19, 2025 Reported Earnings • Jan 25
Full year 2024 earnings released: EPS: CN¥0.55 (vs CN¥0.59 in FY 2023) Full year 2024 results: EPS: CN¥0.55 (down from CN¥0.59 in FY 2023). Revenue: CN¥5.24b (up 1.4% from FY 2023). Net income: CN¥485.1m (down 7.8% from FY 2023). Profit margin: 9.3% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year. Annonce • Dec 27
Chengdu Gas Group Corporation Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025 Chengdu Gas Group Corporation Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.11 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.16 (up from CN¥0.11 in 3Q 2023). Revenue: CN¥1.08b (up 8.6% from 3Q 2023). Net income: CN¥145.9m (up 46% from 3Q 2023). Profit margin: 14% (up from 10.0% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 2% per year. Annonce • Sep 30
Chengdu Gas Group Corporation Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Chengdu Gas Group Corporation Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Annonce • Jun 28
Chengdu Gas Group Corporation Ltd. to Report First Half, 2024 Results on Aug 17, 2024 Chengdu Gas Group Corporation Ltd. announced that they will report first half, 2024 results on Aug 17, 2024 Reported Earnings • May 04
First quarter 2024 earnings released: EPS: CN¥0.22 (vs CN¥0.21 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.22 (up from CN¥0.21 in 1Q 2023). Revenue: CN¥1.69b (up 8.7% from 1Q 2023). Net income: CN¥195.8m (up 2.5% from 1Q 2023). Profit margin: 12% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat. Annonce • Apr 21
Chengdu Gas Group Corporation Ltd., Annual General Meeting, May 10, 2024 Chengdu Gas Group Corporation Ltd., Annual General Meeting, May 10, 2024, at 14:00 China Standard Time. Annonce • Mar 29
Chengdu Gas Group Corporation Ltd. to Report Q1, 2024 Results on Apr 20, 2024 Chengdu Gas Group Corporation Ltd. announced that they will report Q1, 2024 results on Apr 20, 2024 Annonce • Dec 29
Chengdu Gas Group Corporation Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024 Chengdu Gas Group Corporation Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.11 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.11 (down from CN¥0.11 in 3Q 2022). Revenue: CN¥996.6m (up 17% from 3Q 2022). Net income: CN¥100.0m (flat on 3Q 2022). Profit margin: 10.0% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Annonce • Sep 30
Chengdu Gas Group Corporation Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Chengdu Gas Group Corporation Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 19
Second quarter 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.15 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.17 (up from CN¥0.15 in 2Q 2022). Revenue: CN¥1.15b (up 8.0% from 2Q 2022). Net income: CN¥147.5m (up 14% from 2Q 2022). Profit margin: 13% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Buying Opportunity • Aug 07
Now 21% undervalued Over the last 90 days, the stock is up 1.5%. The fair value is estimated to be CN¥12.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has grown by 4.9%. Buying Opportunity • Jul 20
Now 21% undervalued Over the last 90 days, the stock is up 8.7%. The fair value is estimated to be CN¥12.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has grown by 4.9%. Reported Earnings • Jul 16
Second quarter 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.15 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.17 (up from CN¥0.15 in 2Q 2022). Revenue: CN¥1.15b (up 8.0% from 2Q 2022). Net income: CN¥147.5m (up 14% from 2Q 2022). Profit margin: 13% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 23
First quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.22 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.21 (down from CN¥0.22 in 1Q 2022). Revenue: CN¥1.56b (up 3.9% from 1Q 2022). Net income: CN¥191.0m (down 2.9% from 1Q 2022). Profit margin: 12% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Jan 18
Full year 2022 earnings released: EPS: CN¥0.56 (vs CN¥0.55 in FY 2021) Full year 2022 results: EPS: CN¥0.56 (up from CN¥0.55 in FY 2021). Revenue: CN¥4.84b (up 10% from FY 2021). Net income: CN¥493.5m (up 1.0% from FY 2021). Profit margin: 10% (down from 11% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Hong Yan was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.14 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.11 (down from CN¥0.14 in 3Q 2021). Revenue: CN¥854.7m (down 6.5% from 3Q 2021). Net income: CN¥100.5m (down 20% from 3Q 2021). Profit margin: 12% (down from 14% in 3Q 2021). The decrease in margin was driven by lower revenue. Buying Opportunity • Oct 25
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 6.8%. The fair value is estimated to be CN¥11.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last year, while earnings per share has been flat. Buying Opportunity • Sep 15
Now 21% undervalued Over the last 90 days, the stock is up 5.6%. The fair value is estimated to be CN¥12.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last year, while earnings per share has been flat. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥11.63, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 22x in the Gas Utilities industry in China. Total returns to shareholders of 11% over the past year. Buying Opportunity • Aug 18
Now 22% undervalued Over the last 90 days, the stock is up 9.8%. The fair value is estimated to be CN¥12.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last year, while earnings per share has been flat. Reported Earnings • Aug 15
Second quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.15 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.15 (down from CN¥0.15 in 2Q 2021). Revenue: CN¥1.06b (up 9.1% from 2Q 2021). Net income: CN¥129.3m (down 1.4% from 2Q 2021). Profit margin: 12% (down from 13% in 2Q 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Jul 17
Second quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.15 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.14 (down from CN¥0.15 in 2Q 2021). Revenue: CN¥1.06b (up 9.1% from 2Q 2021). Net income: CN¥129.3m (down 1.4% from 2Q 2021). Profit margin: 12% (down from 13% in 2Q 2021). The decrease in margin was driven by higher expenses. Buying Opportunity • Jul 06
Now 23% undervalued Over the last 90 days, the stock is up 4.1%. The fair value is estimated to be CN¥12.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last year. Earnings per share has grown by 7.4%. Reported Earnings • Apr 16
Full year 2021 earnings released: EPS: CN¥0.56 (vs CN¥0.46 in FY 2020) Full year 2021 results: EPS: CN¥0.56 (up from CN¥0.46 in FY 2020). Revenue: CN¥4.42b (up 9.4% from FY 2020). Net income: CN¥494.6m (up 23% from FY 2020). Profit margin: 11% (up from 10.0% in FY 2020). The increase in margin was driven by higher revenue. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.14 in 3Q 2020) The company reported a solid third quarter result with improved earnings, although revenues and profit margins were flat. Third quarter 2021 results: Revenue: CN¥914.5m (flat on 3Q 2020). Net income: CN¥125.7m (up 5.1% from 3Q 2020). Profit margin: 14% (in line with 3Q 2020). Reported Earnings • Jul 18
Second quarter 2021 earnings released: EPS CN¥0.15 (vs CN¥0.12 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥975.4m (up 9.2% from 2Q 2020). Net income: CN¥131.2m (up 20% from 2Q 2020). Profit margin: 13% (up from 12% in 2Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Apr 17
First quarter 2021 earnings released: EPS CN¥0.21 (vs CN¥0.16 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.35b (up 18% from 1Q 2020). Net income: CN¥188.4m (up 32% from 1Q 2020). Profit margin: 14% (up from 13% in 1Q 2020). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥10.76 The company is down 27% from its price of CN¥14.78 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is down 12% over the same period. Reported Earnings • Jan 16
Full year 2020 earnings released: EPS CN¥0.47 The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥4.18b (down 13% from FY 2019). Net income: CN¥413.8m (down 8.3% from FY 2019). Profit margin: 9.9% (in line with FY 2019). Is New 90 Day High Low • Jan 07
New 90-day low: CN¥11.82 The company is down 19% from its price of CN¥14.52 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is up 1.0% over the same period. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥12.82, the stock is trading at a trailing P/E ratio of 27.3x, down from the previous P/E ratio of 32.3x. This compares to an average P/E of 21x in the Gas Utilities industry in China. Total return to shareholders over the past year is a loss of 21%. Is New 90 Day High Low • Dec 14
New 90-day low: CN¥13.48 The company is down 7.0% from its price of CN¥14.52 on 15 September 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is down 2.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥408.8m, down 8.2% from the prior year. Total revenue was CN¥4.20b over the last 12 months, down 11% from the prior year. Annonce • Oct 28
Chengdu Gas Group Corporation Ltd. to Report Q3, 2020 Results on Oct 30, 2020 Chengdu Gas Group Corporation Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020 Is New 90 Day High Low • Sep 30
New 90-day low: CN¥14.12 The company is down 3.0% from its price of CN¥14.50 on 02 July 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is down 1.0% over the same period. Annonce • Sep 01
Chengdu Gas Group Corporation Ltd. (SHSE:603053) entered into a letter of intent to acquire Chengdu Kaineng Natural Gas Co., Ltd. from Huang Wenzhong, Wang Huilin and Li Wenhua for approximately CNY 280 million. Chengdu Gas Group Corporation Ltd. (SHSE:603053) entered into a letter of intent to acquire Chengdu Kaineng Natural Gas Co., Ltd. from Huang Wenzhong, Wang Huilin and Li Wenhua for approximately CNY 280 million on September 1, 2020. Under the terms of the transaction, Huang Wenzhong will transfer 93.04% stake for CNY 260.512 million, Wang Huilin will transfer 4.67% for CNY 13.076 million and Li Wenhua will transfer 2.29% stake for CNY 6.412 million. The transaction price is paid in installments, and the transferee shall pay the transferor in full within 10 working days from the date when the preconditions for payment of each installment are met. Independent directors Issued independent opinions on this transaction Consideration will be financed using own funds. For the year ended December 31, 2019, Chengdu Kaineng Natural Gas Co., Ltd. reported total assets of CNY 118.15 million, Net assets of CNY 81.02 million, EBIT of CNY 108.87 million and Net profit of. CNY 23.25 million. Transaction has been approved by 31st meeting of the first board of directors and the 10th meeting of the first board of supervisors of Chengdu Gas Group Corporation Ltd. Annonce • Jul 08
Chengdu Gas Group Corporation Ltd. to Report First Half, 2020 Results on Aug 20, 2020 Chengdu Gas Group Corporation Ltd. announced that they will report first half, 2020 results on Aug 20, 2020 