1. People's Republic of China Stocks

  2. •

    Utilities

  3. •

    Regulated Gas
China Resources Gas Group Limited

China Resources Gas Group Limited

1193.HK
China Resources Gas Group LimitedHK flagHong Kong Stock Exchange
17.86
HKD
-0.28
- -
40.51BMarket Cap
China Resources Gas Group Limited
1193.HK
(Hong Kong Stock Exchange)

Recent

price

17.86

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
6.46
7.39
6.76
10.27
13.22
15.1
15.13
18.29
23.49
26.16
25.03
35.11
41.59
44.65
45.27
42.7
Revenue per Share
0.54
0.61
0.82
1
1.14
1.3
1.51
1.68
2.04
2.32
2.31
2.82
2.09
2.3
1.8
1.55
Basic EPS, GAAP
-0.22
-0.1
-0.32
0.59
0.62
0.74
1.61
1.36
1.11
1.92
1.69
1.08
-0.96
1.99
1.17
1.44
Free Cash Flow per Basic Share
0.08
0.09
0.12
0.16
0.25
0.3
0.38
0.45
0.55
0.77
0.88
0.93
1.27
1.05
1.26
1
Dividend per Share
0.13
1.41
2.56
3.11
3.89
4.7
5.71
0.1
7.99
9.27
0.1
11.69
13.6
15.66
16.96
17.41
Book Value per Share
4.59
5.51
6.49
7.48
8.14
8.75
9.33
11.71
12.75
15.59
19.93
22.4
21.04
23.56
23.97
25.61
Tangible Book Value per Share
1,445
1,921
2,016
2,171
2,173
2,175
2,176
2,178
2,178
2,178
2,232
2,268
2,268
2,268
2,268
2,289
Basic Weighted Avg Shares
9,331
14,208
13,622
22,288
28,717
32,834
32,916
39,838
51,165
56,976
55,864
79,642
94,338
101,272
102,676
97,733
Sales/Revenue/Turnover
15.36
11.58
11.94
13.54
12.73
12.93
16.27
14.15
13.02
11.84
13.15
12.14
8.51
7.24
6.65
6.31
Operating Margin (%)
430
564
501
572
951
1,044
1,288
1,646
1,682
1,965
2,118
2,669
3,359
4,061
3,654
4,045
Depreciation Expense
787
1,176
1,646
2,161
2,480
2,838
3,289
3,654
4,450
5,043
5,151
6,395
4,733
5,224
4,088
3,547
Net Income, GAAP
24.05
26.37
21
25.9
29.6
28.4
28.29
25.74
25.25
22.82
25.34
24.53
26.78
20.77
25.79
26.03
Effective Tax Rate (%)
8.43
8.28
12.08
9.7
8.64
8.64
9.99
9.17
8.7
8.85
9.22
8.03
5.02
5.16
3.98
3.63
Profit Margin (%)
1,516
571
3,947
263
-3,320
-5,073
-5,446
-9,238
-9,220
-8,620
-8,381
-18,132
-18,248
-15,655
-24,369
-24,929
Working Capital
5,163
4,883
11,518
13,016
11,633
10,679
9,028
6,039
6,075
6,100
6,054
563
10,325
18,159
9,133
8,545
LT Debt
9,239
11,804
14,686
18,616
21,128
22,487
23,705
29,169
31,608
35,822
46,868
54,038
52,545
63,384
63,971
68,028
Total Equity
9.97
7.1
5.73
7.52
7.44
8.2
10.39
10.85
12.17
12.2
10.89
12.4
8.85
7.35
5.81
5.07
Return on Invested Capital (%)
10.16
8.58
9.63
8.4
7.44
7.65
8.27
11.17
12.81
11.25
13.78
14.12
6.58
5.76
3.58
2.86
Return on Capital (%)
484.78
81.32
41.86
36.34
32.65
30.39
29.05
57.82
50.49
26.83
50.43
47.81
16.5
15.74
11.05
9.06
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.14%
8.09%
6.34%
Free Cash Flow
-40.12%
-109.72%
24.34%
Net Income, GAAP
3.78%
-5.29%
-13.24%
Sales/Revenue/Turnover
12.41%
12.99%
-4.81%
Total Cash Common Dividend
15.09%
5.15%
-20.11%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
101,272
2024
- -
- -
- -
- -
102,676
2025
- -
- -
- -
- -
97,733

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
2.3
2024
- -
- -
- -
- -
1.8
2025
- -
- -
- -
- -
1.55

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
1.05
2024
- -
- -
- -
- -
1.26
2025
- -
- -
- -
- -
1
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Business
China Resources Gas Group Limited is an investment holding company principally engaged in the gas distribution business, operating primarily in China. The company manufactures, sells, and distributes natural gas and liquefied petroleum gas for residential, commercial, and industrial use. Its core offerings encompass the sale and distribution of gas fuels and related products; gas connection services involving the construction of gas pipeline networks; comprehensive services including the sale of gas appliances and related equipment; design and construction services providing design, consultancy, and management for gas connection projects; and operation of natural gas filling stations. China Resources Gas extends its operations through its segments across multiple provinces in China, serving a vast customer base. Founded in 1994 with headquarters in Wan Chai, Hong Kong, China Resources Gas Group Limited is a subsidiary of CRH (Gas) Limited. The company is actively expanding its presence in emerging markets and lower-tier cities, adding significant new customers. Recent strategic developments include a major acquisition of a regional gas distributor that is expected to boost annual revenue. Additionally, the company has formed strategic partnerships with technology firms to enhance operational capabilities, including collaborations on green hydrogen production to align with renewable energy trends. This focus on sustainability is underscored by investments aimed at reducing carbon emissions by 20% by 2025 and increasing renewable energy investments. Financially, China Resources Gas Group Limited has demonstrated strong performance with accelerated revenue growth, reporting about RMB 100 billion in 2024, driven primarily by increased gas sales accounting for around 80% of revenue. The company's gross profit margin stood at 25%, with substantial net profits and a notable return on equity. It has targets for annual revenue growth around 12% through 2026 and efficiency improvements backed by technology-driven projects. Operationally, the company also pursues a gas equity buyback program and regional expansions, aiming to maintain its leadership in China's evolving energy market while integrating new energy solutions. In summary, China Resources Gas Group Limited operates a comprehensive gas distribution platform focused on natural and liquefied gas supply, pipeline construction, energy-related appliance sales, and gas station operations. It is actively advancing its growth through strategic acquisitions, technological partnerships in clean energy, and geographic expansion in China, maintaining a proactive approach to sustainability and operational efficiency in the competitive energy sector. The company is headquartered in Hong Kong and continues to be a key player in the energy infrastructure and service sector in China.