China Resources Gas Group Past Earnings Performance

Past criteria checks 5/6

China Resources Gas Group has been growing earnings at an average annual rate of 3.4%, while the Gas Utilities industry saw earnings declining at 0.8% annually. Revenues have been growing at an average rate of 15.9% per year. China Resources Gas Group's return on equity is 11.1%, and it has net margins of 5.2%.

Key information

3.4%

Earnings growth rate

2.3%

EPS growth rate

Gas Utilities Industry Growth	1.0%
Revenue growth rate	15.9%
Return on equity	11.1%
Net Margin	5.2%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

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

Earnings and Revenue History

SZSC:1193 Revenue, expenses and earnings (HKD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	101,272	5,224	11,487
30 Sep 23	97,940	5,229	10,828
30 Jun 23	94,607	5,233	10,168
31 Mar 23	94,473	4,983	10,174
31 Dec 22	94,338	4,733	10,179
30 Sep 22	93,608	5,462	10,010
30 Jun 22	92,877	6,190	9,841
31 Mar 22	86,260	6,293	9,718
31 Dec 21	79,642	6,395	9,595
30 Sep 21	73,900	6,200	9,397
30 Jun 21	68,158	6,005	9,198
31 Mar 21	62,011	5,578	8,554
31 Dec 20	55,864	5,151	7,910
30 Sep 20	53,620	4,832	7,576
30 Jun 20	51,376	4,512	7,241
31 Mar 20	54,176	4,778	7,354
31 Dec 19	56,976	5,043	7,468
30 Sep 19	55,663	4,887	7,088
30 Jun 19	55,491	4,730	6,976
31 Mar 19	53,328	4,590	6,969
31 Dec 18	51,165	4,450	6,962
30 Sep 18	48,577	4,319	6,862
30 Jun 18	45,989	4,187	6,763
31 Mar 18	42,914	3,921	6,541
31 Dec 17	39,838	3,654	6,319
30 Sep 17	37,518	3,550	6,143
30 Jun 17	35,198	3,447	5,966
31 Mar 17	34,057	3,368	5,922
31 Dec 16	32,916	3,289	5,877
30 Sep 16	32,783	3,264	5,903
30 Jun 16	32,649	3,238	5,928
31 Mar 16	32,742	3,038	5,859
31 Dec 15	32,834	2,838	5,790
30 Sep 15	32,152	2,812	5,578
30 Jun 15	31,469	2,786	5,366
31 Mar 15	30,093	2,633	5,225
31 Dec 14	28,717	2,480	5,083
30 Sep 14	27,032	2,413	4,990
30 Jun 14	25,348	2,345	4,896
31 Mar 14	23,818	2,253	4,750
31 Dec 13	22,288	2,161	4,604
30 Sep 13	20,062	2,056	4,036
30 Jun 13	17,836	1,950	3,467

Quality Earnings: 1193 has high quality earnings.

Growing Profit Margin: 1193's current net profit margins (5.2%) are higher than last year (5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 1193's earnings have grown by 3.4% per year over the past 5 years.

Accelerating Growth: 1193's earnings growth over the past year (10.4%) exceeds its 5-year average (3.4% per year).

Earnings vs Industry: 1193 earnings growth over the past year (10.4%) exceeded the Gas Utilities industry 9.5%.

Return on Equity

High ROE: 1193's Return on Equity (11.1%) is considered low.

Return on Assets

Return on Capital Employed

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China Resources Gas Group Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

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

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

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

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

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

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

Recent updates

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

New 90-day high: HK$38.75

New 90-day high: HK$38.45

New 90-day low: HK$33.40

Non-Executive Chairman of the Board recently bought HK$1.7m worth of stock

First half earnings released

Independent Non-Executive Director recently bought HK$726k worth of stock

First half earnings released

China Resources Gas Group Limited to Report First Half, 2020 Results on Aug 25, 2020

New 90-day low - HK$36.75

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Revenue & Expenses Breakdown
Beta