China Gas Holdings Limited

SEHK:384 Stock Report

Market Cap: HK$37.6b

China Gas Holdings Dividends and Buybacks

Dividend criteria checks 4/6

China Gas Holdings is a dividend paying company with a current yield of 7.24% that is well covered by earnings.

Key information

7.2%

Dividend yield

0%

Buyback Yield

Total Shareholder Yield7.2%
Future Dividend Yield7.4%
Dividend Growth12.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio86%

Recent dividend and buyback updates

China Gas Holdings (HKG:384) Is Due To Pay A Dividend Of HK$0.15

Dec 16
China Gas Holdings (HKG:384) Is Due To Pay A Dividend Of HK$0.15

China Gas Holdings (HKG:384) Will Pay A Dividend Of HK$0.15

Dec 02
China Gas Holdings (HKG:384) Will Pay A Dividend Of HK$0.15

China Gas Holdings (HKG:384) Will Pay A Dividend Of HK$0.35

Aug 20
China Gas Holdings (HKG:384) Will Pay A Dividend Of HK$0.35

Recent updates

Should You Investigate China Gas Holdings Limited (HKG:384) At HK$6.80?

Apr 09
Should You Investigate China Gas Holdings Limited (HKG:384) At HK$6.80?

China Gas Holdings (HKG:384) Will Want To Turn Around Its Return Trends

Mar 07
China Gas Holdings (HKG:384) Will Want To Turn Around Its Return Trends

These 4 Measures Indicate That China Gas Holdings (HKG:384) Is Using Debt Extensively

Feb 17
These 4 Measures Indicate That China Gas Holdings (HKG:384) Is Using Debt Extensively

China Gas Holdings (HKG:384) Is Due To Pay A Dividend Of HK$0.15

Dec 16
China Gas Holdings (HKG:384) Is Due To Pay A Dividend Of HK$0.15

China Gas Holdings (HKG:384) Will Pay A Dividend Of HK$0.15

Dec 02
China Gas Holdings (HKG:384) Will Pay A Dividend Of HK$0.15

Capital Allocation Trends At China Gas Holdings (HKG:384) Aren't Ideal

Nov 29
Capital Allocation Trends At China Gas Holdings (HKG:384) Aren't Ideal

Fewer Investors Than Expected Jumping On China Gas Holdings Limited (HKG:384)

Nov 11
Fewer Investors Than Expected Jumping On China Gas Holdings Limited (HKG:384)

Should You Think About Buying China Gas Holdings Limited (HKG:384) Now?

Oct 24
Should You Think About Buying China Gas Holdings Limited (HKG:384) Now?

China Gas Holdings (HKG:384) Will Pay A Dividend Of HK$0.35

Aug 20
China Gas Holdings (HKG:384) Will Pay A Dividend Of HK$0.35

Is China Gas Holdings (HKG:384) Using Too Much Debt?

Aug 13
Is China Gas Holdings (HKG:384) Using Too Much Debt?

Investors Interested In China Gas Holdings Limited's (HKG:384) Earnings

Jul 29
Investors Interested In China Gas Holdings Limited's (HKG:384) Earnings

China Gas Holdings' (HKG:384) Dividend Will Be HK$0.35

Jul 12
China Gas Holdings' (HKG:384) Dividend Will Be HK$0.35

China Gas Holdings (HKG:384) Has Announced A Dividend Of HK$0.35

Jun 27
China Gas Holdings (HKG:384) Has Announced A Dividend Of HK$0.35

China Gas Holdings (HKG:384) Could Be Struggling To Allocate Capital

May 28
China Gas Holdings (HKG:384) Could Be Struggling To Allocate Capital

When Should You Buy China Gas Holdings Limited (HKG:384)?

May 10
When Should You Buy China Gas Holdings Limited (HKG:384)?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 384's dividends per share have been stable in the past 10 years.

Growing Dividend: 384's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

China Gas Holdings Dividend Yield vs Market
How does 384 dividend yield compare to the market?
SegmentDividend Yield
Company (384)7.2%
Market Bottom 25% (HK)3.0%
Market Top 25% (HK)7.9%
Industry Average (Gas Utilities)4.9%
Analyst forecast (384) (up to 3 years)7.4%

Notable Dividend: 384's dividend (7.24%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.01%).

High Dividend: 384's dividend (7.24%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.9%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (86.4%), 384's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (187.1%), 384's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/25 11:28
End of Day Share Price 2025/04/25 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

China Gas Holdings Limited is covered by 46 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ying LouBarclays
Hiu Tung HuiBNP Paribas Securities (Asia)
Cho Ming LauBOCI Research Ltd.