China Resources Gas Group Ltd CRGGF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- —
- Day Range
- —–—
- 52-Week Range
- —–—
- Bid/Ask
- — / —
- Market Cap
- —
- Volume/Avg
- — / —
Key Statistics
- Price/Earnings (Normalized)
- 17.97
- Price/Sales
- 0.61
- Dividend Yield (Trailing)
- 4.46%
- Dividend Yield (Forward)
- 4.46%
- Total Yield
- 4.46%
Company Profile
China Resources Gas Group is a leading gas utilities group in China engaged in city gas distribution, including piped natural gas distribution and natural gas filling stations. At the end of 2023, CRG’s portfolio comprised 276 city gas projects in China. The firm achieved annual gas sales volume of 38.8 billion cubic meters and has connected 57.3 million residential customers, or a penetration rate of 59.3%.
- Sector
- Utilities
- Industry
- Utilities - Regulated Gas
- Stock Style Box
- Large Value
- Total Number of Employees
- 58,917
- Website
- https://www.crcgas.com
Competitors
Valuation
|
Metric
|
CRGGF
|
02688
|
00384
|
|---|---|---|---|
Price/Earnings (Normalized) | 17.97 | 9.67 | 9.66 |
Price/Book Value | 1.53 | 1.48 | 0.71 |
Price/Sales | 0.61 | 0.54 | 0.47 |
Price/Cash Flow | 6.63 | 7.82 | 7.32 |
Price/Earnings
CRGGF
02688
00384
Financial Strength
|
Metric
|
CRGGF
|
02688
|
00384
|
|---|---|---|---|
Quick Ratio | 0.52 | 0.65 | 0.65 |
Current Ratio | 0.64 | 0.72 | 0.90 |
Interest Coverage | 8.87 | 11.20 | 2.99 |
Quick Ratio
CRGGF
02688
00384
Profitability
|
Metric
|
CRGGF
|
02688
|
00384
|
|---|---|---|---|
Return on Assets (Normalized) | 4.53% | 6.73% | 2.61% |
Return on Equity (Normalized) | 15.28% | 16.64% | 7.15% |
Return on Invested Capital (Normalized) | 7.13% | 10.46% | 4.46% |
Return on Assets
CRGGF
02688
00384
Utilities - Regulated Gas Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Naturgy Energy Group SA ADR
GASNY
| — | Plhhw | $25.2 Bil | |||
| Atmos Energy Corp
ATO
| Zwtlgfzcdc | Nwlvqt | $21.4 Bil | |||
| GAIL (India) Ltd DR
GAILF
| — | Gchxg | $18.6 Bil | |||
| Snam SpA
SNMRF
| — | Xqbzg | $17.2 Bil | |||
| Snam SpA ADR
SNMRY
| — | Fwwmkyr | $17.2 Bil | |||
| Hong Kong and China Gas Co Ltd ADR
HOKCY
| — | Rsjpj | $15.8 Bil | |||
| NiSource Inc
NI
| Gbrfpwflg | Byscjbf | $15.4 Bil | |||
| New Jersey Resources Corp
NJR
| Jcdkcgl | Pgyjf | $4.7 Bil | |||
| New Fortress Energy Inc Class A
NFE
| Flwlrbdt | Dmffp | $2.0 Bil |
United States