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China Resources Gas Group Stock

China Resources Gas Group Market capitalization 2024

China Resources Gas Group Market capitalization

63.4 B HKD

Ticker

1193.HK

ISIN

BMG2113B1081

WKN

A0RDZ8

In 2024, China Resources Gas Group's market cap stood at 63.4 B HKD, a 22.32% increase from the 51.83 B HKD market cap in the previous year.

The China Resources Gas Group Market capitalization history

YEARMarket Capitalization (undefined HKD)
202360.93
202272.04
202198.66
202087.15
201982.8
201866.38
201758.47
201649.97
201547.77
201451.15
201343.31
201229.19
201120.05
201015.95
20098.18
20083.08
20073.22
20062.22
20052.34
20042.51

China Resources Gas Group Aktienanalyse

What does China Resources Gas Group do?

China Resources Gas Group Ltd, founded in 1993, is a leading Chinese energy provider. The company specializes in operating gas supply pipelines and selling natural gas and liquefied petroleum gas (LPG), and currently operates business in multiple countries, including Germany. Its business model aims to ensure affordable and efficient supply of natural gas to households, businesses, and industrial customers. The company maintains a network of pipelines and distribution centers to ensure reliable energy supply. China Resources Gas operates multiple divisions, including construction and operation, gas supply, and energy efficiency. Its products include natural gas and LPG (such as propane and butane), which can serve as an energy source for households, businesses, and industries. The company also offers technical services to ensure its customers can optimize their energy supply and save energy. In recent years, China Resources Gas has expanded its business through acquisitions and partnerships. In 2014, it acquired a 20% stake in Gazprom EP International, a subsidiary of Russian energy company Gazprom. It also acquired 50% of the shares in Asia Pacific Natural Gas, an natural gas mining company, in the same year. To increase energy efficiency, China Resources Gas utilizes advanced technologies such as smart gas meters. The smart meter technology enables the company to monitor the energy consumption of its customers accurately, thereby helping to reduce energy waste and lower energy costs. China Resources Gas has set ambitious goals to maintain its leading position in the Chinese energy market. By 2020, the company aims to expand its capacity to 46 billion cubic meters of gas and increase its market share to over 30%. In summary, China Resources Gas Group Ltd is an important player in the energy market, specializing in the supply of natural gas and LPG to customers. The company offers its customers advanced technologies and services to ensure reliable and efficient energy supply. China Resources Gas Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring China Resources Gas Group's Market Capitalization

China Resources Gas Group'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 Resources Gas Group'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 Resources Gas Group'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 Resources Gas Group’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 Resources Gas Group stock

What is the current China Resources Gas Group market capitalization?

The current market capitalization of China Resources Gas Group is 63.4 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 Resources Gas Group.

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

The market capitalization of China Resources Gas Group has increased/decreased by 22.32% 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 Resources Gas Group?

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 Resources Gas Group?

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 Resources Gas Group 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 Resources Gas Group pay?

Over the past 12 months, China Resources Gas Group paid a dividend of 1.05 HKD . This corresponds to a dividend yield of about 3.76 %. For the coming 12 months, China Resources Gas Group is expected to pay a dividend of 1.11 HKD.

What is the dividend yield of China Resources Gas Group?

The current dividend yield of China Resources Gas Group is 3.76 %.

When does China Resources Gas Group pay dividends?

China Resources Gas Group pays a quarterly dividend. This is distributed in the months of October, June, October, October.

How secure is the dividend of China Resources Gas Group?

China Resources Gas Group paid dividends every year for the past 21 years.

What is the dividend of China Resources Gas Group?

For the upcoming 12 months, dividends amounting to 1.11 HKD are expected. This corresponds to a dividend yield of 3.98 %.

In which sector is China Resources Gas Group located?

China Resources Gas Group is assigned to the 'Utilities' sector.

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

To receive the latest dividend of China Resources Gas Group from 11/4/2024 amounting to 0.03 HKD, you needed to have the stock in your portfolio before the ex-date on 9/16/2024.

When did China Resources Gas Group pay the last dividend?

The last dividend was paid out on 11/4/2024.

What was the dividend of China Resources Gas Group in the year 2023?

In the year 2023, China Resources Gas Group distributed 1.27 HKD as dividends.

In which currency does China Resources Gas Group pay out the dividend?

The dividends of China Resources Gas Group are distributed in HKD.

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Andere Kennzahlen von China Resources Gas Group

Our stock analysis for China Resources Gas Group 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 Resources Gas Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.