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China Gas Holdings Stock

China Gas Holdings Market capitalization 2024

China Gas Holdings Market capitalization

38.92 B HKD

Ticker

384.HK

ISIN

BMG2109G1033

WKN

931817

In 2024, China Gas Holdings's market cap stood at 38.92 B HKD, a -1.92% increase from the 39.68 B HKD market cap in the previous year.

The China Gas Holdings Market capitalization history

YEARMarket Capitalization (undefined HKD)
202438.92
202349.45
202260.49
2021129.58
2020137.08
2019145.05
2018137.29
201783.15
201656.13
201563.45
201465.46
201338.86
201219.27
201112.16
201018.29
20097.49
20086.47
20078.78
20063.96
20052.63

China Gas Holdings Aktienanalyse

What does China Gas Holdings do?

China Gas Holdings Ltd. is a leading company in the gas industry, based in Hong Kong. The company was established in 1995 and has been listed on the Hong Kong Stock Exchange since 2006. China Gas Holdings specializes primarily in the supply of gas products and is one of the largest LPG (Liquefied Petroleum Gas) distributors in the Chinese market. Its business model is based on the exploration, production, processing, marketing, and distribution of gas products. The company also operates its own chain of gas stations and supplies gas to end consumers, commercial customers, and industrial companies. Additionally, China Gas also offers consulting services related to gas facilities and installation work. The gas produced by China Gas mainly consists of LPG, LNG (Liquefied Natural Gas), and CNG (Compressed Natural Gas). LPG is a liquid fuel used particularly for heating homes, as fuel for vehicles, and in agriculture. LNG, on the other hand, is a liquefied gas used for transportation and gas network supply. CNG is a compressed gas used for private and public transportation such as buses and taxis. China Gas has various subsidiaries specializing in different areas. One of these subsidiaries is China Gas (Green Energy) Holdings Limited, which specializes in renewable energy and plays a leading role in the Chinese market for biogas and solar energy. The company group also includes China Gas Pipeline Company Limited, which is responsible for the construction and operation of gas pipelines. In recent years, China Gas has made significant investments in expanding its business, increasing its market share in China and other countries. The company has established an extensive presence in Asia, particularly in China and Indonesia, and continues to set ambitious goals for expansion in other regions and markets. In conclusion, China Gas Holdings Ltd. is a company specialized in the production, processing, marketing, and distribution of gas products. With a wide portfolio of gas products and services, the company is an important player in the Chinese market and has invested heavily in its expansion and diversification in recent years. Through its subsidiaries and strong focus on renewable energy, China Gas has achieved a leading position in the gas and energy sector and demonstrates foresight for continued success in the future. China Gas Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring China Gas Holdings's Market Capitalization

China Gas Holdings's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of China Gas Holdings's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

China Gas Holdings's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in China Gas Holdings’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about China Gas Holdings stock

What is the current China Gas Holdings market capitalization?

The current market capitalization of China Gas Holdings is 38.92 B HKD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like China Gas Holdings.

How has the market capitalization of China Gas Holdings developed in recent years?

The market capitalization of China Gas Holdings has increased/decreased by -1.92% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of China Gas Holdings?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of China Gas Holdings?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of China Gas Holdings have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does China Gas Holdings pay?

Over the past 12 months, China Gas Holdings paid a dividend of 0.54 HKD . This corresponds to a dividend yield of about 7.47 %. For the coming 12 months, China Gas Holdings is expected to pay a dividend of 0.58 HKD.

What is the dividend yield of China Gas Holdings?

The current dividend yield of China Gas Holdings is 7.47 %.

When does China Gas Holdings pay dividends?

China Gas Holdings pays a quarterly dividend. This is distributed in the months of September, February, September, September.

How secure is the dividend of China Gas Holdings?

China Gas Holdings paid dividends every year for the past 25 years.

What is the dividend of China Gas Holdings?

For the upcoming 12 months, dividends amounting to 0.58 HKD are expected. This corresponds to a dividend yield of 8.06 %.

In which sector is China Gas Holdings located?

China Gas Holdings is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von China Gas Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Gas Holdings from 10/4/2024 amounting to 0.04 HKD, you needed to have the stock in your portfolio before the ex-date on 8/27/2024.

When did China Gas Holdings pay the last dividend?

The last dividend was paid out on 10/4/2024.

What was the dividend of China Gas Holdings in the year 2023?

In the year 2023, China Gas Holdings distributed 0.5 HKD as dividends.

In which currency does China Gas Holdings pay out the dividend?

The dividends of China Gas Holdings are distributed in HKD.

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Andere Kennzahlen von China Gas Holdings

Our stock analysis for China Gas Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of China Gas Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.