China Resources Gas Group Limited (1193.HK) Stock

About China Resources Gas Group Limited

China Resources Gas Group Limited, an investment holding company, engages in the sale of 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. China Resources Gas Group Limited was incorporated in 1994 and is based in Wan Chai, Hong Kong. China Resources Gas Group Limited is a subsidiary of CRH (Gas) Limited.

China Resources Gas Group Limited (1193.HK) stock trades at $15.64 with a market capitalization of $35.23B. The stock is valued at a price-to-earnings (P/E) ratio of 10.09, price-to-book of 0.82, price-to-sales of 0.36. Over the past 52 weeks the stock has ranged between $14.53 and $23.38, and currently trades 33.1% below its 52-week high. It pays a dividend yielding 8.31%.

On profitability, China Resources Gas Group Limited generates a return on equity (ROE) of 7.72%, an operating margin of 4.19%, a net profit margin of 3.63%.

The balance sheet shows a debt-to-equity ratio of 0.36 — a conservative balance sheet with little leverage risk, a current ratio of 0.54.

1193.HK has an average daily trading volume of 4,493,187 shares, a beta of 0.72 (less volatile than the overall market), 2.25B shares outstanding.

Official website: www.crcgas.com