Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings 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. Click here for more on how to use these ratings.
China Gas Holdings is involved in the wholesale and retail businesses of natural gas and liquefied petroleum gas in China. As of fiscal 2020 (ended March 31, 2020), the roup had secured a total of 604 piped gas concessions, 556 compressed natural gas/liquefied natural gas refilling stations for vehicles, and 113 LPG distribution projects in China. In total, CGH has connected 35.1 million residential households and achieved a penetration rate of 64.9%.
Hong Kong, Bermuda