China Resources Gas Group (SHSC:1193) - Stock Price, News & Analysis

1193 Stock Overview

An investment holding company, engages in the sale of natural and liquefied gas, and connection of gas pipelines. More details

1193 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	2/6
Financial Health	4/6
Dividends	4/6

Rewards

Trading at 44.3% below our estimate of its fair value

Earnings are forecast to grow 7.82% per year

Risk Analysis

Unstable dividend track record

China Resources Gas Group Limited Competitors

Kunlun Energy

SEHK:135

HK$66.8b

ENN Energy Holdings

SEHK:2688

HK$58.6b

Hong Kong and China Gas

SEHK:3

HK$110.3b

Beijing Enterprises Holdings

SEHK:392

HK$30.6b

Price History & Performance

Summary of all time highs, changes and price drops for China Resources Gas Group
Historical stock prices
Current Share Price	HK$29.45
52 Week High	HK$35.20
52 Week Low	HK$19.50
Beta	0.78
11 Month Change	-7.54%
3 Month Change	11.55%
1 Year Change	15.94%
33 Year Change	-29.29%
5 Year Change	-31.75%
Change since IPO	45.79%

Recent updates

Shareholder Returns

	1193	HK Gas Utilities	HK Market
7D	3.7%	0.2%	-2.1%
1Y	15.9%	0.7%	9.7%

Return vs Industry: 1193 exceeded the Hong Kong Gas Utilities industry which returned 0.4% over the past year.

Return vs Market: 1193 exceeded the Hong Kong Market which returned 9.6% over the past year.

Price Volatility

Is 1193's price volatile compared to industry and market?
1193 volatility
1193 Average Weekly Movement	6.3%
Gas Utilities Industry Average Movement	5.7%
Market Average Movement	8.9%
10% most volatile stocks in HK Market	19.1%
10% least volatile stocks in HK Market	4.3%

Stable Share Price: 1193 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 1193's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1994	58,197	Ping Yang	www.crcgas.com

China Resources Gas Group Limited, an investment holding company, engages in the sale of natural and liquefied gas, and connection of gas pipelines. The company operates through Sale and Distribution of Gas Fuel and Related Products, Gas Connection, Comprehensive Services, Design and Construction Services, and Gas Stations segments. The Sale and Distribution of Gas Fuel and Related Products segment sells natural gas and liquefied petroleum gas for residential, commercial, and industrial use.

China Resources Gas Group Limited Fundamentals Summary

How do China Resources Gas Group's earnings and revenue compare to its market cap?
1193 fundamental statistics
Market cap	HK$68.15b
Earnings (TTM)	HK$5.14b
Revenue (TTM)	HK$104.98b

13.3x

P/E Ratio

0.6x

P/S Ratio

Is 1193 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1193 income statement (TTM)
Revenue	HK$104.98b
Cost of Revenue	HK$85.67b
Gross Profit	HK$19.30b
Other Expenses	HK$14.17b
Earnings	HK$5.14b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.22
Gross Margin	18.39%
Net Profit Margin	4.89%
Debt/Equity Ratio	43.5%

How did 1193 perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

56%

Payout Ratio

1193 Stock Overview

Rewards

Risk Analysis

China Resources Gas Group Limited Competitors

SEHK:135

HK$66.8b

SEHK:2688

HK$58.6b

SEHK:3

HK$110.3b

SEHK:392

HK$30.6b

Price History & Performance

Recent News & Updates

Now 20% undervalued

Investor sentiment improves as stock rises 15%

First half dividend increased to HK$0.25

First half 2024 earnings released: EPS: HK$1.52 (vs HK$1.56 in 1H 2023)

China Resources Gas Group Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on November 4, 2024

China Resources Gas Group Limited Announces Resignation of Yang Ping as Chief Executive Officer

Recent updates

Now 20% undervalued

Investor sentiment improves as stock rises 15%

First half dividend increased to HK$0.25

First half 2024 earnings released: EPS: HK$1.52 (vs HK$1.56 in 1H 2023)

China Resources Gas Group Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on November 4, 2024

China Resources Gas Group Limited Announces Resignation of Yang Ping as Chief Executive Officer

China Resources Gas Group Limited to Report First Half, 2024 Results on Aug 30, 2024

China Resources Gas Group Limited Approves Final Dividend for the Year Ended 31 December 2023

Upcoming dividend of HK$1.01 per share

Full year 2023 earnings released: EPS: HK$2.30 (vs HK$2.09 in FY 2022)

China Resources Gas Group Limited, Annual General Meeting, May 24, 2024

Full year 2023 earnings released: EPS: HK$2.30 (vs HK$2.09 in FY 2022)

China Resources Gas Group Limited Proposes Final Dividend for the Year Ended December 31, 2023, Payable on July 17, 2024

Now 22% undervalued

China Resources Gas Group Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

China Resources Gas Group Limited Announces Executive Changes, Effective 1 January 2024

China Resources Gas Group Limited Announces Changes of Directors and Members of Board Committees

Upcoming dividend of HK$0.15 per share at 4.8% yield

First half 2023 earnings released: EPS: HK$1.56 (vs HK$1.34 in 1H 2022)

China Resources Gas Group Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable on 27 October 2023

China Resources Gas Group Limited to Report First Half, 2023 Results on Aug 25, 2023

China Resources Gas Group Limited Approves the Final Dividend for the Year Ended 31 December 2022

Upcoming dividend of HK$0.90 per share at 3.7% yield

Independent Non-Executive Director recently bought HK$536k worth of stock

Full year 2022 earnings released: EPS: HK$2.09 (vs HK$2.82 in FY 2021)

Investor sentiment improved over the past week

Less than half of directors are independent

Independent Non-Executive Director recently bought HK$500k worth of stock

China Resources Gas Group Limited Announces Executive Changes

Independent Non-Executive Director recently bought HK$557k worth of stock

Upcoming dividend of HK$0.15 per share

China Resources Gas Group Limited Declares an Interim Dividend for the Six Months Ended June 30, 2022, Payable on 25 October, 2022

First half 2022 earnings released: EPS: HK$1.34 (vs HK$1.43 in 1H 2021)

China Resources Gas Group Limited to Report Q2, 2022 Results on Aug 26, 2022

China Resources Gas Group Limited Approves Final Dividend for the Year Ended 31 December 2021

Independent Non-Executive Director recently bought HK$600k worth of stock

Upcoming dividend of HK$1.12 per share

Less than half of directors are independent

China Resources Gas Group Limited Declares Final Dividend for the Year Ended December 31, 2021

China Resources Gas Group Limited to Report Fiscal Year 2021 Results on Mar 18, 2022

Non-Executive Chairman of the Board recently bought HK$5.5m worth of stock

Non-Executive Chairman of the Board recently bought HK$3.7m worth of stock

Non-Executive Director recently bought HK$399k worth of stock

CEO & Executive Director Baofeng Shi has left the company

Investor sentiment deteriorated over the past week

Non-Executive Chairman of the Board recently bought HK$6.1m worth of stock

First half 2021 earnings released: EPS HK$1.43 (vs HK$1.09 in 1H 2020)

Non-Executive Director Ying Chen has left the company

Non-Executive Director Yan Wang has left the company

Upcoming dividend of HK$0.15 per share

First half 2021 earnings released: EPS HK$1.43 (vs HK$1.09 in 1H 2020)

Non-Executive Director has left the company

China Resources Gas Group Limited Declares Final Dividend for the Year Ended December 31, 2020

Upcoming dividend of HK$0.78 per share

Full year 2020 earnings released: EPS HK$2.31 (vs HK$2.32 in FY 2019)

Full year 2020 earnings released: EPS HK$2.31 (vs HK$2.32 in FY 2019)

China Resources Gas Group Limited to Report Fiscal Year 2020 Results on Mar 26, 2021

New 90-day high: HK$43.00

New 90-day high: HK$41.30