China Resources Gas Group Limited (HK:1193)
:1193
Top Page
China Resources Gas Group
(1193)
Select Model
Select Model
Rating:67Neutral
Price Target:
HK$24.50
â–˛(28.21% Upside)
Action:ReiteratedDate:11/28/25
The overall stock score of 67 for China Resources Gas Group is primarily driven by mixed financial performance (score: 63, weight: 0.5), with concerns over declining revenue, low margins, and weak cash flow growth offsetting balance sheet stability. Technical analysis (score: 75, weight: 0.3) provides a positive boost with bullish price trends and momentum, while valuation (score: 68, weight: 0.2) supports a fair assessment with an attractive dividend yield. Investors should weigh financial challenges against technical strength.
Positive Factors
Market Position
As a leading natural gas provider, the company benefits from strong market positioning, enabling it to capitalize on China's growing energy needs.
Negative Factors
Profitability Pressure
Declining net profit margins suggest challenges in maintaining profitability, potentially affecting future earnings and investment capacity.
Read all positive and negative factors
Positive Factors
Negative Factors
Market Position
As a leading natural gas provider, the company benefits from strong market positioning, enabling it to capitalize on China's growing energy needs.
Read all positive factors
China Resources Gas Group (1193) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$43.35B
Dividend Yield4.43%
Average Volume (3M)4.50M
Price to Earnings (P/E)14.6
Beta (1Y)0.54
Revenue Growth-4.37%
EPS Growth-41.14%
CountryHK
Employees57,522
SectorUtilities
Sector Strength65
IndustryRegulated Gas
Share Statistics
EPS (TTM)0.50
Shares Outstanding2,314,013,000
10 Day Avg. Volume4,087,010
30 Day Avg. Volume4,501,299
Financial Highlights & Ratios
PEG Ratio-0.78
Price to Book (P/B)1.69
Price to Sales (P/S)0.68
P/FCF Ratio24.87
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$22.33Price Target Upside16.87% Upside
Rating ConsensusHold
Number of Analyst Covering4
EPS Forecast (FY)1.58
Revenue Forecast (FY)HK$104.89B
China Resources Gas Group Business Overview & Revenue Model
Company Description
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, Sale of Ga...
How the Company Makes Money
China Resources Gas Group generates revenue primarily through the distribution of natural gas to residential, commercial, and industrial customers. The company earns income from the sale of natural gas, which is typically billed based on consumpti...
China Resources Gas Group Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
70
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 100.39B | 102.68B | 101.27B | 94.34B | 79.64B | 55.86B |
| Gross Profit | 17.11B | 18.26B | 18.45B | 17.97B | 19.10B | 14.96B |
| EBITDA | 8.81B | 10.17B | 13.24B | 12.02B | 13.14B | 10.64B |
| Net Income | 3.03B | 4.09B | 5.22B | 4.73B | 6.40B | 5.15B |
Balance Sheet | ||||||
| Total Assets | 138.49B | 132.48B | 137.87B | 112.05B | 106.14B | 93.87B |
| Cash, Cash Equivalents and Short-Term Investments | 11.24B | 7.53B | 10.81B | 6.44B | 10.09B | 13.45B |
| Total Debt | 26.71B | 23.52B | 27.12B | 22.97B | 12.01B | 11.51B |
| Total Liabilities | 71.28B | 68.51B | 74.49B | 59.76B | 52.10B | 47.00B |
| Stockholders Equity | 43.39B | 41.17B | 40.77B | 39.33B | 41.26B | 36.27B |
Cash Flow | ||||||
| Free Cash Flow | 1.50B | 2.80B | 4.51B | -2.14B | 2.85B | 4.24B |
| Operating Cash Flow | 5.89B | 7.00B | 10.16B | 4.28B | 8.80B | 8.95B |
| Investing Cash Flow | -1.38B | -2.23B | -4.53B | -15.13B | -11.14B | -7.20B |
| Financing Cash Flow | -5.71B | -7.43B | -1.96B | 7.62B | -3.35B | -2.10B |
China Resources Gas Group Technical Analysis
Negative
19.11
Price Trends
20.78
Negative
21.48
Negative
20.80
Negative
Market Momentum
-0.53
Positive
34.38
Neutral
33.15
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1193, the sentiment is Negative. The current price of 19.11 is below the 20-day moving average (MA) of 19.80, below the 50-day MA of 20.78, and below the 200-day MA of 20.80, indicating a bearish trend. The MACD of -0.53 indicates Positive momentum. The RSI at 34.38 is Neutral, neither overbought nor oversold. The STOCH value of 33.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1193.
China Resources Gas Group Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | HK$71.93B | 12.01 | 12.60% | 4.30% | -3.19% | -2.68% | |
67 Neutral | HK$43.35B | 14.60 | 8.10% | 4.43% | -4.37% | -41.14% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
63 Neutral | HK$39.66B | 7.70 | 5.14% | 6.44% | -2.28% | -9.61% | |
59 Neutral | HK$2.84B | 5.95 | 4.85% | 4.94% | 7.55% | -32.06% | |
56 Neutral | HK$12.67B | 8.67 | 6.35% | 6.38% | 3.86% | 30.34% | |
48 Neutral | HK$7.39B | 11.48 | 2.04% | 0.71% | -7.82% | -38.06% |
* Utilities Sector Average
HK:1193
China Resources Gas Group
19.11
-0.16
-0.84%
HK:0384
China Gas Holdings
7.28
1.21
19.84%
HK:1083
Towngas China Co
3.45
0.41
13.52%
HK:2688
ENN Energy Holdings
63.70
7.61
13.56%
HK:3633
Zhongyu Gas Holdings Limited
2.69
-1.33
-33.08%
HK:1600
Tian Lun Gas Holdings Limited
2.91
0.70
31.67%
China Resources Gas Group Corporate Events
China Resources Gas Secures Registration to Issue Up to RMB8 Billion in Medium-Term Notes
Dec 31, 2025
China Resources Gas Group has announced that its wholly owned subsidiary, China Resources Gas Investment (China) Company Limited, has received regulatory acceptance in the mainland Chinese interbank bond market to register and issue up to RMB8 bil...
China Resources Gas Renews Connected Energy Supply Deal with CR Sanjiu Chenzhou
Dec 30, 2025
China Resources Gas Group has renewed a framework agreement under which its indirect wholly owned subsidiary, CR Gas Chenzhou, will continue to invest in, construct and operate an energy station and supply cooling, heating, steam and part of the e...
China Resources Gas Renews Intra‑Group Financing with 2026 Framework Loan Agreements
Dec 22, 2025
China Resources Gas Group has entered into a new series of framework loan agreements, known as the Framework Loan Agreements 2026, to replace similar arrangements that will expire at the end of 2025. The new agreements, effective from 1 January 20...
China Resources Gas Announces Change of Company Secretary and Authorised Representative
Dec 19, 2025
China Resources Gas Group Limited has announced a change in its key corporate governance roles, with company secretary and authorised representative Ms. Cheng Kwai Yuk resigning effective 19 December 2025. The board noted that Ms. Cheng has no dis...
China Resources Gas Group Proposes Domicile Change to Hong Kong
Oct 28, 2025
China Resources Gas Group has announced a proposed change of domicile from Bermuda to Hong Kong, aligning with the Companies (Amendment) (No. 2) Ordinance 2025. This move is intended to streamline operations under Hong Kong laws without affecting ...
China Resources Gas Group Appoints New Non-Executive Director
Oct 28, 2025
China Resources Gas Group Limited has appointed Mr. Zhang Shenwen as a non-executive director and a member of its audit and risk management committee, effective October 28, 2025. Mr. Zhang, who has extensive experience in corporate management and ...
China Resources Gas Group Announces Board Composition
Oct 28, 2025
China Resources Gas Group Limited has announced the composition of its board of directors, highlighting the roles and functions of each member. This announcement reflects the company’s commitment to strong governance and strategic oversight,...
Chongqing Gas Reports Decline in Net Profit for Nine Months Ending September 2025
Oct 24, 2025
Chongqing Gas, a subsidiary of China Resources Gas Group, reported its unaudited financial results for the nine months ending September 30, 2025. The company saw a slight increase in revenue to RMB 7.38 billion, but experienced a significant drop ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.