25 XP   0   0   10

China Resources Gas Group Ltd ADR
Buy, Hold or Sell?

Let's analyse China Resources Gas Group Ltd ADR together

PenkeI guess you are interested in China Resources Gas Group Ltd ADR. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of China Resources Gas Group Ltd ADR. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about China Resources Gas Group Ltd ADR

I send you an email if I find something interesting about China Resources Gas Group Ltd ADR.

Quick analysis of China Resources Gas Group Ltd ADR (30 sec.)










What can you expect buying and holding a share of China Resources Gas Group Ltd ADR? (30 sec.)

How much money do you get?

How much money do you get?
$5.27
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$4.55
Expected worth in 1 year
$7.64
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
$8.36
Return On Investment
30.7%

For what price can you sell your share?

Current Price per Share
$27.27
Expected price per share
$27.27 - $27.27
How sure are you?
50%

1. Valuation of China Resources Gas Group Ltd ADR (5 min.)




Live pricePrice per Share (EOD)

$27.27

Intrinsic Value Per Share

$0.68 - $2.99

Total Value Per Share

$5.23 - $7.54

2. Growth of China Resources Gas Group Ltd ADR (5 min.)




Is China Resources Gas Group Ltd ADR growing?

Current yearPrevious yearGrowGrow %
How rich?$1b$874.7m$178.4m16.9%

How much money is China Resources Gas Group Ltd ADR making?

Current yearPrevious yearGrowGrow %
Making money$85.4m$77.4m$8m9.4%
Net Profit Margin5.2%5.0%--

How much money comes from the company's main activities?

3. Financial Health of China Resources Gas Group Ltd ADR (5 min.)




What can you expect buying and holding a share of China Resources Gas Group Ltd ADR? (5 min.)

Welcome investor! China Resources Gas Group Ltd ADR's management wants to use your money to grow the business. In return you get a share of China Resources Gas Group Ltd ADR.

What can you expect buying and holding a share of China Resources Gas Group Ltd ADR?

First you should know what it really means to hold a share of China Resources Gas Group Ltd ADR. And how you can make/lose money.

Speculation

The Price per Share of China Resources Gas Group Ltd ADR is $27.27. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of China Resources Gas Group Ltd ADR.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in China Resources Gas Group Ltd ADR, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $4.55. Based on the TTM, the Book Value Change Per Share is $0.77 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.12 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $1.32 per quarter.
Based on historical numbers we can estimate the returns while holding a share of China Resources Gas Group Ltd ADR.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.371.4%0.371.4%0.331.2%1.987.3%1.515.5%
Usd Book Value Change Per Share0.772.8%0.772.8%-0.12-0.4%0.552.0%0.461.7%
Usd Dividend Per Share1.324.8%1.324.8%1.595.8%1.224.5%0.732.7%
Usd Total Gains Per Share2.097.7%2.097.7%1.485.4%1.776.5%1.194.4%
Usd Price Per Share27.27-27.27-49.19-46.83-31.26-
Price to Earnings Ratio73.83-73.83-147.00-54.68-61.01-
Price-to-Total Gains Ratio13.05-13.05-33.28-27.30-47.79-
Price to Book Ratio5.99-5.99-13.01-13.89-11.42-
Price-to-Total Gains Ratio13.05-13.05-33.28-27.30-47.79-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share27.27
Number of shares36
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share1.321.22
Usd Book Value Change Per Share0.770.55
Usd Total Gains Per Share2.091.77
Gains per Quarter (36 shares)75.2363.60
Gains per Year (36 shares)300.93254.39
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
119011129117679244
2380222592351157498
3570333893527236752
475944411947033151006
594955514958793931260
61139666179610544721514
71329778209712305511768
81519889239814066292022
917091000269915827082276
1018991111300017577872530

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%8.02.00.080.0%8.02.00.080.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%9.01.00.090.0%

Fundamentals of China Resources Gas Group Ltd ADR

About China Resources Gas Group Ltd ADR

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. As of December 31, 2023, it operated 276 city gas projects in 25 provinces in the People's Republic of China. The company was incorporated in 1994 and is based in Wan Chai, Hong Kong. China Resources Gas Group Limited operates as a subsidiary of CRH (Gas) Limited.

Fundamental data was last updated by Penke on 2024-05-15 18:31:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is overpriced.

1.1. Profitability of China Resources Gas Group Ltd ADR.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit China Resources Gas Group Ltd ADR earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare China Resources Gas Group Ltd ADR to the Utilities - Regulated Gas industry mean.
  • A Net Profit Margin of 5.2% means that $0.05 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of China Resources Gas Group Ltd ADR:

  • The MRQ is 5.2%. The company is making a profit. +1
  • The TTM is 5.2%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ5.2%TTM5.2%0.0%
TTM5.2%YOY5.0%+0.1%
TTM5.2%5Y7.3%-2.1%
5Y7.3%10Y8.1%-0.9%
1.1.2. Return on Assets

Shows how efficient China Resources Gas Group Ltd ADR is using its assets to generate profit.

  • Above 5% is considered healthy but always compare China Resources Gas Group Ltd ADR to the Utilities - Regulated Gas industry mean.
  • 3.8% Return on Assets means that China Resources Gas Group Ltd ADR generated $0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of China Resources Gas Group Ltd ADR:

  • The MRQ is 3.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.8%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.8%TTM3.8%0.0%
TTM3.8%YOY4.2%-0.4%
TTM3.8%5Y5.1%-1.4%
5Y5.1%10Y5.2%0.0%
1.1.3. Return on Equity

Shows how efficient China Resources Gas Group Ltd ADR is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare China Resources Gas Group Ltd ADR to the Utilities - Regulated Gas industry mean.
  • 12.8% Return on Equity means China Resources Gas Group Ltd ADR generated $0.13 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of China Resources Gas Group Ltd ADR:

  • The MRQ is 12.8%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 12.8%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ12.8%TTM12.8%0.0%
TTM12.8%YOY12.0%+0.8%
TTM12.8%5Y14.6%-1.9%
5Y14.6%10Y15.9%-1.2%

1.2. Operating Efficiency of China Resources Gas Group Ltd ADR.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient China Resources Gas Group Ltd ADR is operating .

  • Measures how much profit China Resources Gas Group Ltd ADR makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare China Resources Gas Group Ltd ADR to the Utilities - Regulated Gas industry mean.
  • An Operating Margin of 6.9% means the company generated $0.07  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of China Resources Gas Group Ltd ADR:

  • The MRQ is 6.9%. The company is operating less efficient.
  • The TTM is 6.9%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ6.9%TTM6.9%0.0%
TTM6.9%YOY8.4%-1.5%
TTM6.9%5Y10.4%-3.5%
5Y10.4%10Y12.9%-2.5%
1.2.2. Operating Ratio

Measures how efficient China Resources Gas Group Ltd ADR is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Utilities - Regulated Gas industry mean).
  • An Operation Ratio of 0.93 means that the operating costs are $0.93 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of China Resources Gas Group Ltd ADR:

  • The MRQ is 0.931. The company is less efficient in keeping operating costs low.
  • The TTM is 0.931. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.931TTM0.9310.000
TTM0.931YOY0.916+0.015
TTM0.9315Y0.896+0.035
5Y0.89610Y1.225-0.329

1.3. Liquidity of China Resources Gas Group Ltd ADR.

1.3. Liquidity
1.3.1. Current Ratio

Measures if China Resources Gas Group Ltd ADR is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Utilities - Regulated Gas industry mean).
  • A Current Ratio of 0.69 means the company has $0.69 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of China Resources Gas Group Ltd ADR:

  • The MRQ is 0.694. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.694. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.694TTM0.6940.000
TTM0.694YOY0.607+0.087
TTM0.6945Y0.698-0.004
5Y0.69810Y0.738-0.040
1.3.2. Quick Ratio

Measures if China Resources Gas Group Ltd ADR is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare China Resources Gas Group Ltd ADR to the Utilities - Regulated Gas industry mean.
  • A Quick Ratio of 0.53 means the company can pay off $0.53 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of China Resources Gas Group Ltd ADR:

  • The MRQ is 0.534. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.534. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.534TTM0.5340.000
TTM0.534YOY0.483+0.050
TTM0.5345Y0.582-0.048
5Y0.58210Y0.444+0.138

1.4. Solvency of China Resources Gas Group Ltd ADR.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of China Resources Gas Group Ltd ADR assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare China Resources Gas Group Ltd ADR to Utilities - Regulated Gas industry mean.
  • A Debt to Asset Ratio of 0.53 means that China Resources Gas Group Ltd ADR assets are financed with 53.4% credit (debt) and the remaining percentage (100% - 53.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of China Resources Gas Group Ltd ADR:

  • The MRQ is 0.534. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.534. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.534TTM0.5340.000
TTM0.534YOY0.524+0.010
TTM0.5345Y0.520+0.015
5Y0.52010Y0.561-0.041
1.4.2. Debt to Equity Ratio

Measures if China Resources Gas Group Ltd ADR is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare China Resources Gas Group Ltd ADR to the Utilities - Regulated Gas industry mean.
  • A Debt to Equity ratio of 180.7% means that company has $1.81 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of China Resources Gas Group Ltd ADR:

  • The MRQ is 1.807. The company is just able to pay all its debts with equity.
  • The TTM is 1.807. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.807TTM1.8070.000
TTM1.807YOY1.494+0.313
TTM1.8075Y1.508+0.299
5Y1.50810Y1.759-0.251

2. Market Valuation of China Resources Gas Group Ltd ADR

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings China Resources Gas Group Ltd ADR generates.

  • Above 15 is considered overpriced but always compare China Resources Gas Group Ltd ADR to the Utilities - Regulated Gas industry mean.
  • A PE ratio of 73.83 means the investor is paying $73.83 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of China Resources Gas Group Ltd ADR:

  • The EOD is 73.829. Based on the earnings, the company is expensive. -2
  • The MRQ is 73.829. Based on the earnings, the company is expensive. -2
  • The TTM is 73.829. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD73.829MRQ73.8290.000
MRQ73.829TTM73.8290.000
TTM73.829YOY146.995-73.167
TTM73.8295Y54.682+19.147
5Y54.68210Y61.008-6.326
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of China Resources Gas Group Ltd ADR:

  • The EOD is 94.217. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 94.217. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 94.217. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD94.217MRQ94.2170.000
MRQ94.217TTM94.2170.000
TTM94.217YOY-325.143+419.360
TTM94.2175Y70.367+23.850
5Y70.36710Y86.579-16.212
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of China Resources Gas Group Ltd ADR is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Utilities - Regulated Gas industry mean).
  • A PB ratio of 5.99 means the investor is paying $5.99 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of China Resources Gas Group Ltd ADR:

  • The EOD is 5.991. Based on the equity, the company is overpriced. -1
  • The MRQ is 5.991. Based on the equity, the company is overpriced. -1
  • The TTM is 5.991. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD5.991MRQ5.9910.000
MRQ5.991TTM5.9910.000
TTM5.991YOY13.012-7.021
TTM5.9915Y13.889-7.898
5Y13.88910Y11.417+2.472
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of China Resources Gas Group Ltd ADR compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.7710.7710%-0.117+115%0.546+41%0.455+69%
Book Value Per Share--4.5524.5520%3.780+20%3.631+25%5.892-23%
Current Ratio--0.6940.6940%0.607+14%0.698-1%0.738-6%
Debt To Asset Ratio--0.5340.5340%0.524+2%0.520+3%0.561-5%
Debt To Equity Ratio--1.8071.8070%1.494+21%1.508+20%1.759+3%
Dividend Per Share--1.3181.3180%1.595-17%1.220+8%0.735+79%
Eps--0.3690.3690%0.335+10%1.978-81%1.512-76%
Free Cash Flow Per Share--0.2890.2890%-0.151+152%0.194+49%0.183+58%
Free Cash Flow To Equity Per Share--0.2110.2110%0.425-50%0.207+2%0.152+39%
Gross Profit Margin---9.222-9.2220%-9.427+2%-7.348-20%-3.174-66%
Intrinsic Value_10Y_max--2.992--------
Intrinsic Value_10Y_min--0.677--------
Intrinsic Value_1Y_max--0.217--------
Intrinsic Value_1Y_min--0.103--------
Intrinsic Value_3Y_max--0.715--------
Intrinsic Value_3Y_min--0.281--------
Intrinsic Value_5Y_max--1.290--------
Intrinsic Value_5Y_min--0.426--------
Market Cap6310305051.8400%6310305051.8406310305051.8400%11382614796.480-45%10836508455.360-42%22854515136.320-72%
Net Profit Margin--0.0520.0520%0.050+3%0.073-29%0.081-37%
Operating Margin--0.0690.0690%0.084-18%0.104-34%0.129-47%
Operating Ratio--0.9310.9310%0.916+2%0.896+4%1.225-24%
Pb Ratio5.9910%5.9915.9910%13.012-54%13.889-57%11.417-48%
Pe Ratio73.8290%73.82973.8290%146.995-50%54.682+35%61.008+21%
Price Per Share27.2700%27.27027.2700%49.190-45%46.830-42%31.255-13%
Price To Free Cash Flow Ratio94.2170%94.21794.2170%-325.143+445%70.367+34%86.579+9%
Price To Total Gains Ratio13.0490%13.04913.0490%33.282-61%27.301-52%47.795-73%
Quick Ratio--0.5340.5340%0.483+10%0.582-8%0.444+20%
Return On Assets--0.0380.0380%0.042-10%0.051-26%0.052-27%
Return On Equity--0.1280.1280%0.120+7%0.146-13%0.159-20%
Total Gains Per Share--2.0902.0900%1.478+41%1.767+18%1.190+76%
Usd Book Value--1053259081.9651053259081.9650%874768794.885+20%840277480.666+25%2061068009.963-49%
Usd Book Value Change Per Share--0.7710.7710%-0.117+115%0.546+41%0.455+69%
Usd Book Value Per Share--4.5524.5520%3.780+20%3.631+25%5.892-23%
Usd Dividend Per Share--1.3181.3180%1.595-17%1.220+8%0.735+79%
Usd Eps--0.3690.3690%0.335+10%1.978-81%1.512-76%
Usd Free Cash Flow--66976421.57066976421.5700%-35008001.034+152%44828219.231+49%91418722.986-27%
Usd Free Cash Flow Per Share--0.2890.2890%-0.151+152%0.194+49%0.183+58%
Usd Free Cash Flow To Equity Per Share--0.2110.2110%0.425-50%0.207+2%0.152+39%
Usd Market Cap6310305051.8400%6310305051.8406310305051.8400%11382614796.480-45%10836508455.360-42%22854515136.320-72%
Usd Price Per Share27.2700%27.27027.2700%49.190-45%46.830-42%31.255-13%
Usd Profit--85472158.90185472158.9010%77435211.657+10%87168681.201-2%257656119.220-67%
Usd Revenue--1657047701.5411657047701.5410%1543293109.422+7%1273413627.828+30%3012579781.284-45%
Usd Total Gains Per Share--2.0902.0900%1.478+41%1.767+18%1.190+76%
 EOD+0 -0MRQTTM+0 -0YOY+22 -145Y+17 -1910Y+15 -21

3.2. Fundamental Score

Let's check the fundamental score of China Resources Gas Group Ltd ADR based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1573.829
Price to Book Ratio (EOD)Between0-15.991
Net Profit Margin (MRQ)Greater than00.052
Operating Margin (MRQ)Greater than00.069
Quick Ratio (MRQ)Greater than10.534
Current Ratio (MRQ)Greater than10.694
Debt to Asset Ratio (MRQ)Less than10.534
Debt to Equity Ratio (MRQ)Less than11.807
Return on Equity (MRQ)Greater than0.150.128
Return on Assets (MRQ)Greater than0.050.038
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of China Resources Gas Group Ltd ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose27.270
Total0/1 (0.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in HKD. All numbers in thousands.

Summary
Total Assets17,656,426
Total Liabilities9,434,263
Total Stockholder Equity5,221,486
 As reported
Total Liabilities 9,434,263
Total Stockholder Equity+ 5,221,486
Total Assets = 17,656,426

Assets

Total Assets17,656,426
Total Current Assets4,540,382
Long-term Assets13,116,044
Total Current Assets
Cash And Cash Equivalents 1,323,721
Net Receivables 2,168,513
Inventory 191,279
Other Current Assets 856,869
Total Current Assets  (as reported)4,540,382
Total Current Assets  (calculated)4,540,382
+/- 0
Long-term Assets
Property Plant Equipment 8,446,368
Goodwill 629,023
Intangible Assets 5,022,879
Long-term Assets  (as reported)13,116,044
Long-term Assets  (calculated)14,098,270
+/- 982,226

Liabilities & Shareholders' Equity

Total Current Liabilities6,545,253
Long-term Liabilities2,889,010
Total Stockholder Equity5,221,486
Total Current Liabilities
Short-term Debt 1,147,693
Short Long Term Debt 4,892,674
Accounts payable 1,855,449
Other Current Liabilities 1,018,771
Total Current Liabilities  (as reported)6,545,253
Total Current Liabilities  (calculated)8,914,587
+/- 2,369,334
Long-term Liabilities
Capital Lease Obligations 472,190
Long-term Liabilities Other 1,362,969
Long-term Liabilities  (as reported)2,889,010
Long-term Liabilities  (calculated)1,835,159
+/- 1,053,851
Total Stockholder Equity
Common Stock29,634
Retained Earnings 3,401,427
Accumulated Other Comprehensive Income 253,816
Other Stockholders Equity 1,536,608
Total Stockholder Equity (as reported)5,221,486
Total Stockholder Equity (calculated)5,221,486
+/-0
Other
Capital Stock231,401
Cash and Short Term Investments 1,323,721
Common Stock Shares Outstanding 226,822
Current Deferred Revenue2,523,340
Liabilities and Stockholders Equity 17,656,426
Net Debt 2,149,520
Net Invested Capital 63,496,029
Net Working Capital -15,655,135
Property Plant and Equipment Gross 83,102,063
Short Long Term Debt Total 3,473,241



Balance Sheet

Currency in HKD. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-31
> Total Assets 
57,751,698
59,896,272
59,675,118
68,763,804
73,571,778
10,501,299
12,106,348
13,613,677
14,356,487
17,656,426
17,656,42614,356,48713,613,67712,106,34810,501,29973,571,77868,763,80459,675,11859,896,27257,751,698
   > Total Current Assets 
20,458,336
20,350,537
19,970,768
22,773,064
25,027,244
3,807,826
3,951,765
3,920,511
3,596,766
4,540,382
4,540,3823,596,7663,920,5113,951,7653,807,82625,027,24422,773,06419,970,76820,350,53720,458,336
       Cash And Cash Equivalents 
9,707,507
10,750,872
5,500,753
10,355,981
10,392,696
1,733,577
1,735,189
1,294,187
824,909
1,323,721
1,323,721824,9091,294,1871,735,1891,733,57710,392,69610,355,9815,500,75310,750,8729,707,507
       Short-term Investments 
921,857
947,564
1,052,444
1,491,478
1,638,844
0
0
0
0
0
000001,638,8441,491,4781,052,444947,564921,857
       Net Receivables 
7,724,593
6,621,796
7,554,701
6,582,270
7,966,128
1,626,960
1,713,824
1,964,459
2,038,004
2,168,513
2,168,5132,038,0041,964,4591,713,8241,626,9607,966,1286,582,2707,554,7016,621,7967,724,593
       Inventory 
639,576
570,516
413,426
595,051
940,057
129,303
129,849
146,515
167,412
191,279
191,279167,412146,515129,849129,303940,057595,051413,426570,516639,576
       Other Current Assets 
126,105
125,385
129,418
1,508,082
1,861,472
317,986
372,902
515,350
566,441
856,869
856,869566,441515,350372,902317,9861,861,4721,508,082129,418125,385126,105
   > Long-term Assets 
0
0
39,704,350
45,990,740
48,544,534
6,693,473
8,154,583
9,693,165
10,759,721
13,116,044
13,116,04410,759,7219,693,1658,154,5836,693,47348,544,53445,990,74039,704,35000
       Property Plant Equipment 
21,492,431
22,717,164
24,058,871
28,608,288
30,918,515
4,716,215
5,682,650
6,490,633
6,572,368
8,446,368
8,446,3686,572,3686,490,6335,682,6504,716,21530,918,51528,608,28824,058,87122,717,16421,492,431
       Goodwill 
707,479
676,169
633,286
677,681
668,860
85,907
116,582
163,415
325,422
629,023
629,023325,422163,415116,58285,907668,860677,681633,286676,169707,479
       Long Term Investments 
11,602,115
12,006,577
10,955,797
13,112,629
13,072,198
0
0
0
0
0
0000013,072,19813,112,62910,955,79712,006,57711,602,115
       Intangible Assets 
1,371,101
1,298,374
1,246,839
1,258,813
1,234,006
238,483
307,227
414,606
641,188
5,022,879
5,022,879641,188414,606307,227238,4831,234,0061,258,8131,246,8391,298,3741,371,101
       Long-term Assets Other 
0
0
1,035,791
45,990,740
48,544,534
-85,907
-116,582
-122,059
-287,648
-8,609,458
-8,609,458-287,648-122,059-116,582-85,90748,544,53445,990,7401,035,79100
> Total Liabilities 
36,623,779
37,409,266
35,970,325
39,594,479
41,963,298
5,871,262
6,029,230
6,574,075
7,527,690
9,434,263
9,434,2637,527,6906,574,0756,029,2305,871,26241,963,29839,594,47935,970,32537,409,26636,623,779
   > Total Current Liabilities 
23,778,544
25,423,434
25,416,338
32,010,972
34,247,082
4,914,090
5,032,685
6,246,263
5,923,709
6,545,253
6,545,2535,923,7096,246,2635,032,6854,914,09034,247,08232,010,97225,416,33825,423,43423,778,544
       Short-term Debt 
16,836,976
0
0
0
0
985,874
703,103
1,465,789
1,620,493
1,147,693
1,147,6931,620,4931,465,789703,103985,874000016,836,976
       Short Long Term Debt 
16,836,976
4,219,798
3,139,480
5,327,669
2,634,961
2,031,347
2,548,358
6,199,429
7,695,765
4,892,674
4,892,6747,695,7656,199,4292,548,3582,031,3472,634,9615,327,6693,139,4804,219,79816,836,976
       Accounts payable 
4,941,171
5,132,429
5,245,790
7,030,716
6,597,393
881,628
956,756
1,084,133
1,316,804
1,855,449
1,855,4491,316,8041,084,133956,756881,6286,597,3937,030,7165,245,7905,132,4294,941,171
       Other Current Liabilities 
12,885,755
13,514,746
15,297,744
18,133,185
21,163,527
1,347,889
1,415,855
1,748,499
1,642,567
1,018,771
1,018,7711,642,5671,748,4991,415,8551,347,88921,163,52718,133,18515,297,74413,514,74612,885,755
   > Long-term Liabilities 
0
0
10,553,987
7,583,507
7,716,216
957,172
996,545
327,812
1,603,982
2,889,010
2,889,0101,603,982327,812996,545957,1727,716,2167,583,50710,553,98700
       Capital Lease Obligations 
0
0
0
0
0
361,167
318,476
389,709
407,395
472,190
472,190407,395389,709318,476361,16700000
       Long-term Liabilities Other 
0
0
187,743
159,358
188,647
243,845
477,613
675,571
627,900
1,362,969
1,362,969627,900675,571477,613243,845188,647159,358187,74300
> Total Stockholder Equity
16,063,368
17,009,359
17,768,243
21,992,648
24,081,120
3,438,928
4,678,229
5,291,858
5,039,713
5,221,486
5,221,4865,039,7135,291,8584,678,2293,438,92824,081,12021,992,64817,768,24317,009,35916,063,368
   Common Stock
222,401
222,401
222,401
222,401
222,401
28,543
29,843
29,681
29,648
29,634
29,63429,64829,68129,84328,543222,401222,401222,401222,401222,401
   Retained Earnings 
8,222,933
10,007,768
12,194,281
14,451,414
17,181,187
1,443,337
1,785,768
2,252,976
2,803,981
3,401,427
3,401,4272,803,9812,252,9761,785,7681,443,33717,181,18714,451,41412,194,28110,007,7688,222,933
   Accumulated Other Comprehensive Income 
0
0
0
0
0
221,495
636,506
795,210
363,624
253,816
253,816363,624795,210636,506221,49500000
   Capital Surplus 0000000000
   Treasury Stock0000000000



Balance Sheet

Currency in HKD. All numbers in thousands.




Cash Flow

Currency in HKD. All numbers in thousands.




Income Statement

Currency in HKD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue12,935,579
Cost of Revenue-10,630,450
Gross Profit2,305,1292,305,129
 
Operating Income (+$)
Gross Profit2,305,129
Operating Expense-1,414,744
Operating Income890,386890,386
 
Operating Expense (+$)
Research Development-
Selling General Administrative4,529,012
Selling And Marketing Expenses6,820,385
Operating Expense1,414,74411,349,397
 
Net Interest Income (+$)
Interest Income381,019
Interest Expense-940,931
Other Finance Cost-0
Net Interest Income-559,912
 
Pretax Income (+$)
Operating Income890,386
Net Interest Income-559,912
Other Non-Operating Income Expenses-
Income Before Tax (EBT)1,055,663725,109
EBIT - interestExpense = -50,545
903,553
1,608,161
Interest Expense940,931
Earnings Before Interest and Taxes (EBIT)890,3861,996,594
Earnings Before Interest and Taxes (EBITDA)1,405,662
 
After tax Income (+$)
Income Before Tax1,055,663
Tax Provision-1,850,159
Net Income From Continuing Ops7,058,886-794,496
Net Income667,230
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses12,045,194
Total Other Income/Expenses Net165,277559,912
 

Technical Analysis of China Resources Gas Group Ltd ADR
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of China Resources Gas Group Ltd ADR. The general trend of China Resources Gas Group Ltd ADR is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine China Resources Gas Group Ltd ADR's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator StateBullish trend Bearish trend
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of China Resources Gas Group Ltd ADR.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 27.08 < 27.27 < 27.27.

The bearish price targets are: 27.27 > 27.27 > 27.27.

Tweet this
China Resources Gas Group Ltd ADR Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of China Resources Gas Group Ltd ADR. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

China Resources Gas Group Ltd ADR Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of China Resources Gas Group Ltd ADR.

China Resources Gas Group Ltd ADR Daily Moving Average Convergence/Divergence (MACD) ChartChina Resources Gas Group Ltd ADR Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of China Resources Gas Group Ltd ADR. The current adx is .

China Resources Gas Group Ltd ADR Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of China Resources Gas Group Ltd ADR.

China Resources Gas Group Ltd ADR Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of China Resources Gas Group Ltd ADR.

China Resources Gas Group Ltd ADR Daily Relative Strength Index (RSI) ChartChina Resources Gas Group Ltd ADR Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of China Resources Gas Group Ltd ADR.

China Resources Gas Group Ltd ADR Daily Stochastic Oscillator ChartChina Resources Gas Group Ltd ADR Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of China Resources Gas Group Ltd ADR.

China Resources Gas Group Ltd ADR Daily Commodity Channel Index (CCI) ChartChina Resources Gas Group Ltd ADR Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of China Resources Gas Group Ltd ADR.

China Resources Gas Group Ltd ADR Daily Chande Momentum Oscillator (CMO) ChartChina Resources Gas Group Ltd ADR Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of China Resources Gas Group Ltd ADR.

China Resources Gas Group Ltd ADR Daily Williams %R ChartChina Resources Gas Group Ltd ADR Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of China Resources Gas Group Ltd ADR.

China Resources Gas Group Ltd ADR Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of China Resources Gas Group Ltd ADR.

China Resources Gas Group Ltd ADR Daily Average True Range (ATR) ChartChina Resources Gas Group Ltd ADR Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of China Resources Gas Group Ltd ADR.

China Resources Gas Group Ltd ADR Daily On-Balance Volume (OBV) ChartChina Resources Gas Group Ltd ADR Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of China Resources Gas Group Ltd ADR.

China Resources Gas Group Ltd ADR Daily Money Flow Index (MFI) ChartChina Resources Gas Group Ltd ADR Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for China Resources Gas Group Ltd ADR.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-03-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.

6.3. Candlestick Patterns

China Resources Gas Group Ltd ADR Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of China Resources Gas Group Ltd ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose27.270
Total0/1 (0.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of China Resources Gas Group Ltd ADR with someone you think should read this too:
  • Are you bullish or bearish on China Resources Gas Group Ltd ADR? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about China Resources Gas Group Ltd ADR? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about China Resources Gas Group Ltd ADR

I send you an email if I find something interesting about China Resources Gas Group Ltd ADR.


Comments

How you think about this?

Leave a comment

Stay informed about China Resources Gas Group Ltd ADR.

Receive notifications about China Resources Gas Group Ltd ADR in your mailbox!