RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

China Resources Gas Group Net Income 2024

China Resources Gas Group Net Income

5.52 B HKD

China Resources Gas Group Dividend yield

3.87 %

Ticker

1193.HK

ISIN

BMG2113B1081

WKN

A0RDZ8

In 2024, China Resources Gas Group's profit amounted to 5.52 B HKD, a 5.67% increase from the 5.22 B HKD profit recorded in the previous year.

The China Resources Gas Group Net Income history

YEARNET INCOME (undefined HKD)
2029e6.93
2028e6.77
2027e6.91
2026e6.61
2025e6.03
2024e5.52
20235.22
20224.73
20216.4
20205.15
20195.04
20184.45
20173.65
20163.29
20152.84
20142.48
20132.16
20121.65
20111.2
20100.73
20090.44
20080.23
20070.15
20060.23
20050.32
20040.32

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.

Net Income Details

Understanding China Resources Gas Group's Profit Margins

The profit margins of China Resources Gas Group represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of China Resources Gas Group's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating China Resources Gas Group's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

China Resources Gas Group's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When China Resources Gas Group’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about China Resources Gas Group Stock

How much profit has China Resources Gas Group made this year?

China Resources Gas Group has made 5.52 B HKD this year.

How has the profit developed compared to last year?

The profit has increased by 5.67% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does China Resources Gas Group publish its earnings?

China Resources Gas Group publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of China Resources Gas Group?

The profits of China Resources Gas Group are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of China Resources Gas Group?

You can learn more about the earnings of China Resources Gas Group by reviewing the quarterly or annual reports or following the company presentations.

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 3.87 %. 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 3.87 %.

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, June.

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 4.1 %.

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 7/17/2024 amounting to 1.007 HKD, you needed to have the stock in your portfolio before the ex-date on 5/28/2024.

When did China Resources Gas Group pay the last dividend?

The last dividend was paid out on 7/17/2024.

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.