China Gas Holdings Limited

SEHK:384 Stock Report

Market Cap: HK$40.1b

China Gas Holdings Past Earnings Performance

Past criteria checks 1/6

China Gas Holdings's earnings have been declining at an average annual rate of -10.6%, while the Gas Utilities industry saw earnings declining at 0.7% annually. Revenues have been growing at an average rate of 11.3% per year. China Gas Holdings's return on equity is 5.5%, and it has net margins of 3.4%.

Key information

-10.6%

Earnings growth rate

-12.1%

EPS growth rate

Gas Utilities Industry Growth1.0%
Revenue growth rate11.3%
Return on equity5.5%
Net Margin3.4%
Last Earnings Update30 Sep 2023

Recent past performance updates

Recent updates

Earnings Tell The Story For China Gas Holdings Limited (HKG:384)

Apr 04
Earnings Tell The Story For China Gas Holdings Limited (HKG:384)

China Gas Holdings (HKG:384) Seems To Be Using A Lot Of Debt

Mar 01
China Gas Holdings (HKG:384) Seems To Be Using A Lot Of Debt

China Gas Holdings' (HKG:384) Returns On Capital Not Reflecting Well On The Business

Jan 29
China Gas Holdings' (HKG:384) Returns On Capital Not Reflecting Well On The Business

Is There An Opportunity With China Gas Holdings Limited's (HKG:384) 28% Undervaluation?

Jan 14
Is There An Opportunity With China Gas Holdings Limited's (HKG:384) 28% Undervaluation?

Why We're Not Concerned About China Gas Holdings Limited's (HKG:384) Share Price

Dec 18
Why We're Not Concerned About China Gas Holdings Limited's (HKG:384) Share Price

China Gas Holdings' (HKG:384) Dividend Will Be HK$0.15

Dec 02
China Gas Holdings' (HKG:384) Dividend Will Be HK$0.15

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

Nov 29
Is China Gas Holdings (HKG:384) Using Too Much Debt?

Is It Too Late To Consider Buying China Gas Holdings Limited (HKG:384)?

Nov 10
Is It Too Late To Consider Buying China Gas Holdings Limited (HKG:384)?

Be Wary Of China Gas Holdings (HKG:384) And Its Returns On Capital

Oct 06
Be Wary Of China Gas Holdings (HKG:384) And Its Returns On Capital

China Gas Holdings (HKG:384) Has Announced That Its Dividend Will Be Reduced To HK$0.40

Aug 24
China Gas Holdings (HKG:384) Has Announced That Its Dividend Will Be Reduced To HK$0.40

China Gas Holdings (HKG:384) Will Pay A Smaller Dividend Than Last Year

Jul 24
China Gas Holdings (HKG:384) Will Pay A Smaller Dividend Than Last Year

China Gas Holdings Limited's (HKG:384) Intrinsic Value Is Potentially 78% Above Its Share Price

Jul 16
China Gas Holdings Limited's (HKG:384) Intrinsic Value Is Potentially 78% Above Its Share Price

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

Jun 27
China Gas Holdings (HKG:384) Could Be Struggling To Allocate Capital

China Gas Holdings Limited (HKG:384) Shares Could Be 50% Below Their Intrinsic Value Estimate

Apr 11
China Gas Holdings Limited (HKG:384) Shares Could Be 50% Below Their Intrinsic Value Estimate

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

Mar 27
China Gas Holdings (HKG:384) Will Want To Turn Around Its Return Trends

Here's Why China Gas Holdings (HKG:384) Has A Meaningful Debt Burden

Mar 13
Here's Why China Gas Holdings (HKG:384) Has A Meaningful Debt Burden

China Gas Holdings Limited's (HKG:384) Intrinsic Value Is Potentially 76% Above Its Share Price

Jan 06
China Gas Holdings Limited's (HKG:384) Intrinsic Value Is Potentially 76% Above Its Share Price

China Gas Holdings (HKG:384) Will Pay A Dividend Of HK$0.10

Dec 07
China Gas Holdings (HKG:384) Will Pay A Dividend Of HK$0.10

Investors Could Be Concerned With China Gas Holdings' (HKG:384) Returns On Capital

Nov 23
Investors Could Be Concerned With China Gas Holdings' (HKG:384) Returns On Capital

China Gas Holdings (HKG:384) Is Due To Pay A Dividend Of HK$0.45

Aug 19
China Gas Holdings (HKG:384) Is Due To Pay A Dividend Of HK$0.45

Some Investors May Be Worried About China Gas Holdings' (HKG:384) Returns On Capital

Aug 03
Some Investors May Be Worried About China Gas Holdings' (HKG:384) Returns On Capital

China Gas Holdings (HKG:384) Has Affirmed Its Dividend Of HK$0.45

Jul 19
China Gas Holdings (HKG:384) Has Affirmed Its Dividend Of HK$0.45

Does China Gas Holdings (HKG:384) Have A Healthy Balance Sheet?

Jul 13
Does China Gas Holdings (HKG:384) Have A Healthy Balance Sheet?

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

Apr 12
China Gas Holdings (HKG:384) Could Be Struggling To Allocate Capital

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

Mar 04
Is China Gas Holdings (HKG:384) Using Too Much Debt?

Investors Could Be Concerned With China Gas Holdings' (HKG:384) Returns On Capital

Dec 31
Investors Could Be Concerned With China Gas Holdings' (HKG:384) Returns On Capital

Is China Gas Holdings (HKG:384) A Risky Investment?

Dec 01
Is China Gas Holdings (HKG:384) A Risky Investment?

China Gas Holdings (HKG:384) Has Re-Affirmed Its Dividend Of HK$0.10

Dec 01
China Gas Holdings (HKG:384) Has Re-Affirmed Its Dividend Of HK$0.10

China Gas Holdings (HKG:384) Is Increasing Its Dividend To HK$0.45

Aug 19
China Gas Holdings (HKG:384) Is Increasing Its Dividend To HK$0.45

Increases to China Gas Holdings Limited's (HKG:384) CEO Compensation Might Cool off for now

Aug 11
Increases to China Gas Holdings Limited's (HKG:384) CEO Compensation Might Cool off for now

If You Like EPS Growth Then Check Out China Gas Holdings (HKG:384) Before It's Too Late

Aug 09
If You Like EPS Growth Then Check Out China Gas Holdings (HKG:384) Before It's Too Late

We Think You Should Be Aware Of Some Concerning Factors In China Gas Holdings' (HKG:384) Earnings

Jul 22
We Think You Should Be Aware Of Some Concerning Factors In China Gas Holdings' (HKG:384) Earnings

China Gas Holdings (HKG:384) Will Pay A Larger Dividend Than Last Year At HK$0.45

Jul 16
China Gas Holdings (HKG:384) Will Pay A Larger Dividend Than Last Year At HK$0.45

Read This Before Buying China Gas Holdings Limited (HKG:384) For Its Dividend

Apr 05
Read This Before Buying China Gas Holdings Limited (HKG:384) For Its Dividend

China Gas Holdings Limited's (HKG:384) Intrinsic Value Is Potentially 61% Above Its Share Price

Mar 23
China Gas Holdings Limited's (HKG:384) Intrinsic Value Is Potentially 61% Above Its Share Price

Have Insiders Been Buying China Gas Holdings Limited (HKG:384) Shares?

Mar 11
Have Insiders Been Buying China Gas Holdings Limited (HKG:384) Shares?

What Do The Returns At China Gas Holdings (HKG:384) Mean Going Forward?

Feb 25
What Do The Returns At China Gas Holdings (HKG:384) Mean Going Forward?

Did You Participate In Any Of China Gas Holdings' (HKG:384) Fantastic 219% Return ?

Feb 14
Did You Participate In Any Of China Gas Holdings' (HKG:384) Fantastic 219% Return ?

China Gas Holdings Limited's (HKG:384) Stock Is Going Strong: Is the Market Following Fundamentals?

Feb 03
China Gas Holdings Limited's (HKG:384) Stock Is Going Strong: Is the Market Following Fundamentals?

How Much Of China Gas Holdings Limited (HKG:384) Do Insiders Own?

Jan 23
How Much Of China Gas Holdings Limited (HKG:384) Do Insiders Own?

We Think China Gas Holdings (HKG:384) Can Stay On Top Of Its Debt

Jan 13
We Think China Gas Holdings (HKG:384) Can Stay On Top Of Its Debt

China Gas Holdings Limited (HKG:384) Is About To Go Ex-Dividend, And It Pays A 1.6% Yield

Jan 02
China Gas Holdings Limited (HKG:384) Is About To Go Ex-Dividend, And It Pays A 1.6% Yield

Is China Gas Holdings Limited (HKG:384) A Smart Pick For Income Investors?

Jan 01
Is China Gas Holdings Limited (HKG:384) A Smart Pick For Income Investors?

China Gas Holdings Limited (HKG:384) Shares Could Be 37% Below Their Intrinsic Value Estimate

Dec 21
China Gas Holdings Limited (HKG:384) Shares Could Be 37% Below Their Intrinsic Value Estimate

Revenue & Expenses Breakdown
Beta

How China Gas Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SEHK:384 Revenue, expenses and earnings (HKD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2385,0612,8645,9080
30 Jun 2388,5253,5796,0060
31 Mar 2391,9884,2936,1040
31 Dec 2292,1215,5556,1250
30 Sep 2292,2546,8176,1470
30 Jun 2290,2407,2395,9910
31 Mar 2288,2257,6625,8350
31 Dec 2184,9918,5785,6820
30 Sep 2181,7589,4945,5300
30 Jun 2175,8679,9865,3600
31 Mar 2169,97510,4795,1890
31 Dec 2064,3779,9244,9050
30 Sep 2058,7799,3684,6210
30 Jun 2059,1599,2784,5200
31 Mar 2059,5409,1884,4200
31 Dec 1958,9879,0484,4560
30 Sep 1958,4348,9084,4930
30 Jun 1958,9108,5664,4090
31 Mar 1959,3868,2244,3250
31 Dec 1860,1107,5754,4730
30 Sep 1860,8346,9264,6200
30 Jun 1856,8336,5104,4340
31 Mar 1852,8326,0954,2480
31 Dec 1746,1265,9733,6660
30 Sep 1739,4205,8513,0850
30 Jun 1735,7074,9992,9950
31 Mar 1731,9934,1482,9050
31 Dec 1630,3943,4042,8420
30 Sep 1628,7952,6612,7800
30 Jun 1629,1462,4672,7140
31 Mar 1629,4972,2732,6490
31 Dec 1529,8682,6342,6380
30 Sep 1530,2402,9952,6270
30 Jun 1530,9533,1832,6060
31 Mar 1531,6663,3712,5860
31 Dec 1431,3953,1722,4660
30 Sep 1431,1232,9732,3470
30 Jun 1428,5662,7742,2090
31 Mar 1426,0082,5762,0710
31 Dec 1323,6392,4072,0260
30 Sep 1321,2702,2391,9810
30 Jun 1319,6132,0021,8850

Quality Earnings: 384 has high quality earnings.

Growing Profit Margin: 384's current net profit margins (3.4%) are lower than last year (7.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 384's earnings have declined by 10.6% per year over the past 5 years.

Accelerating Growth: 384's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 384 had negative earnings growth (-58%) over the past year, making it difficult to compare to the Gas Utilities industry average (9.5%).


Return on Equity

High ROE: 384's Return on Equity (5.5%) is considered low.


Return on Assets


Return on Capital Employed


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