CRGGF Stock Chart & Stats
$2.83
$0.00(0.00%)
At close: 4:00 PM EST
$2.83
$0.00(0.00%)
Day’s Range― - ―
52-Week Range$2.00 - $3.34
Previous CloseN/A
Volume15.00
Average Volume (3M)3.00
Market Cap
$4.79B
Enterprise Value$73.91K
Total Cash (Recent Filing)$13.31B
Total Debt (Recent Filing)$28.00B
Price to Earnings (P/E)10.7
Beta-0.01
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield6.06%
Share Statistics
EPS (TTM)N/A
Shares Outstanding2,314,013,000
10 Day Avg. Volume11
30 Day Avg. Volume3
Financial Highlights & Ratios
PEG Ratio-1.05
Price to Book (P/B)1.17
Price to Sales (P/S)0.53
P/FCF Ratio16.93
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$2.41Price Target Upside-14.98% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering4
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Dividend YieldManagement has pledged that the full-year dividend amount will not decrease, with the stock still offering a decent yield of over 5%.
Market PositionSOE-backed gas distributor with a leading market position, allowing it to acquire high-quality projects with strong growth potential.
Strategic PartnershipsThe company has newly signed a 15-year LNG contract with Australia’s Woodside and established a strategic cooperation with PipeChina for direct access to its LNG terminal, ensuring gas supply at competitive prices.
Bears Say
Net Profit DeclineNet profit fell 30.5%, missing expectations due to weaker new connections and comprehensive services.
Revenue GrowthExpect negative revenue growth in comprehensive services as development strategy is adjusted while the weak property market still weighs on new connections.
Valuation ConcernsThe stock has been downgraded to HOLD due to rich valuation and a cut in dividend per share.
China Resources Gas Group News
CRGGF FAQ
What was China Resources Gas Group Limited’s price range in the past 12 months?
China Resources Gas Group Limited lowest stock price was $2.00 and its highest was $3.34 in the past 12 months.
What is China Resources Gas Group Limited’s market cap?
China Resources Gas Group Limited’s market cap is $4.79B.
When is China Resources Gas Group Limited’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were China Resources Gas Group Limited’s earnings last quarter?
Currently, no data Available
Is China Resources Gas Group Limited overvalued?
According to Wall Street analysts China Resources Gas Group Limited’s price is currently Overvalued.
Does China Resources Gas Group Limited pay dividends?
China Resources Gas Group Limited pays a Semiannually dividend of $0.038 which represents an annual dividend yield of 6.06%. See more information on China Resources Gas Group Limited dividends here
What is China Resources Gas Group Limited’s EPS estimate?
China Resources Gas Group Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does China Resources Gas Group Limited have?
China Resources Gas Group Limited has 2,314,013,000 shares outstanding.
What happened to China Resources Gas Group Limited’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of China Resources Gas Group Limited?
Currently, no hedge funds are holding shares in CRGGF
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
China Resources Gas Group Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
-15.29%
12-Months-Change
Fundamentals
Return on Equity
6.06%
Trailing 12-Months
Asset Growth
6.77%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
China Resources Gas Group Limited
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. The Gas Connection segment engages in the construction of gas pipeline networks under gas connection contracts. The Comprehensive Services segment sells gas appliances and related products. The Design and Construction Services segment provides design, construction, consultancy, and management services for gas connection projects. The Gas Stations segment engages in the sale of gas fuel in natural gas filling stations. The company was incorporated in 1994 and is based in Wan Chai, Hong Kong. China Resources Gas Group Limited is a subsidiary of CRH (Gas) Limited.
CRGGF Stock 12 Month Forecast
Average Price Target
$2.41
▼(-14.98% Downside)
Technical Analysis
China Gas Holdings
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Hong Kong & China Gas Co
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Towngas China Co
―
ENN Energy Holdings
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Shanghai Dazhong Public Utilities (Group) Co., Ltd. Class H
―
Ownership Overview
―
Insiders
4.93% Mutual Funds
― Other Institutional Investors
91.94% Public Companies and
Individual Investors