China Resources Gas Group Limited

OTCPK:CGAS.Y Stock Report

Market Cap: US$7.3b

China Resources Gas Group Past Earnings Performance

Past criteria checks 2/6

China Resources Gas Group has been growing earnings at an average annual rate of 5.4%, while the Gas Utilities industry saw earnings growing at 10% annually. Revenues have been growing at an average rate of 16.1% per year. China Resources Gas Group's return on equity is 12%, and it has net margins of 5.5%.

Key information

5.4%

Earnings growth rate

4.3%

EPS growth rate

Gas Utilities Industry Growth10.0%
Revenue growth rate16.1%
Return on equity12.0%
Net Margin5.5%
Last Earnings Update30 Jun 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

OTCPK:CGAS.Y Revenue, expenses and earnings (HKD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2394,6075,23310,1680
31 Mar 2394,4734,98310,1740
31 Dec 2294,3384,73310,1790
30 Sep 2293,6085,46210,0100
30 Jun 2292,8776,1909,8410
31 Mar 2286,2606,2939,7180
31 Dec 2179,6426,3959,5950
30 Sep 2173,9006,2009,3970
30 Jun 2168,1586,0059,1980
31 Mar 2162,0115,5788,5540
31 Dec 2055,8645,1517,9100
30 Sep 2053,6204,8327,5760
30 Jun 2051,3764,5127,2410
31 Mar 2054,1764,7787,3540
31 Dec 1956,9765,0437,4680
30 Sep 1955,6634,8877,0880
30 Jun 1955,4914,7306,9760
31 Mar 1953,3284,5906,9690
31 Dec 1851,1654,4506,9620
30 Sep 1848,5774,3196,8620
30 Jun 1845,9894,1876,7630
31 Mar 1842,9143,9216,5410
31 Dec 1739,8383,6546,3190
30 Sep 1737,5183,5506,1430
30 Jun 1735,1983,4475,9660
31 Mar 1734,0573,3685,9220
31 Dec 1632,9163,2895,8770
30 Sep 1632,7833,2645,9030
30 Jun 1632,6493,2385,9280
31 Mar 1632,7423,0385,8590
31 Dec 1532,8342,8385,7900
30 Sep 1532,1522,8125,5780
30 Jun 1531,4692,7865,3660
31 Mar 1530,0932,6335,2250
31 Dec 1428,7172,4805,0830
30 Sep 1427,0322,4134,9900
30 Jun 1425,3482,3454,8960
31 Mar 1423,8182,2534,7500
31 Dec 1322,2882,1614,6040
30 Sep 1320,0622,0564,0360
30 Jun 1317,8361,9503,4670
31 Mar 1315,7291,7983,0460
31 Dec 1213,6221,6462,6260

Quality Earnings: CGAS.Y has high quality earnings.

Growing Profit Margin: CGAS.Y's current net profit margins (5.5%) are lower than last year (6.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: CGAS.Y's earnings have grown by 5.4% per year over the past 5 years.

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

Earnings vs Industry: CGAS.Y had negative earnings growth (-15.5%) over the past year, making it difficult to compare to the Gas Utilities industry average (0.2%).

Return on Equity

High ROE: CGAS.Y's Return on Equity (12%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/12/10 17:24
End of Day Share Price 2023/09/12 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

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 here.

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 .

Analyst Sources

China Resources Gas Group Limited is covered by 55 analysts. 18 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
Daisy ZhangBNP Paribas Securities (Asia)
Cho Ming LauBOCI Research Ltd.