China Gas Holdings Ltd 00384

Morningstar Rating
HK$4.87 −0.02 (0.41%)
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Company Report

Price vs Fair Value

00384 is trading at a LOCK|<<$! premium.
Price
HK$4.87
Fair Value
LOCK|tnZ
Uncertainty
LOCK|lf%F@
1-Star Price
LOCK|F>
5-Star Price
LOCK|Gp
Economic Moat
LOCK|RjKj
Capital Allocation
LOCK|k!Z<>%

Bulls Say, Bears Say

Bulls

Biomass energy development and energy storage for industrial and commercial users could emerge as new growth drivers for CGH, supporting stronger earnings growth.

Bears

The Shiyan gas accident has negatively affected CGH’s city gas operation and the firm will grow more slowly than peers.

News

Trading Information

Previous Close Price
HK$4.89
Day Range
HK$4.87–4.98
52-Week Range
HK$4.81–8.85
Bid/Ask
HK$4.87 / HK$4.88
Shares Outstanding
5.45B
Market Cap
HK$26.53B
Volume/Avg
24M / 15M

Key Statistics

Price/Earnings (Normalized)
9.72
Price/Sales
0.36
Dividend Yield (Trailing)
7.19%
Dividend Yield (Forward)
7.19%
Dividend Payment Schedule
Feb, Oct
Total Yield
7.19%

Company Profile

China Gas Holdings is involved in the wholesale and retail businesses of natural gas and liquefied petroleum gas in China. As of fiscal 2026 (ended March 31, 2026), the group had secured a total of 662 piped gas concessions and 484 compressed natural gas/liquefied natural gas refilling stations for vehicles in China. In total, CGH has connected 49.6 million residential households and achieved a penetration rate of 74.4%.
Sector
Utilities
Industry
Utilities - Regulated Gas
Stock Style Box
Mid Value
Total Number of Employees
70,000

Competitors

Valuation

Metric
00384
00956
02688
Price/Earnings (Normalized)
9.728.117.67
Price/Book Value
0.460.510.98
Price/Sales
0.360.700.43
Price/Cash Flow
4.521.744.76
Price/Earnings
00384
00956
02688

Financial Strength

Metric
00384
00956
02688
Quick Ratio
0.690.490.46
Current Ratio
0.910.560.56
Interest Coverage
3.743.2015.43
Quick Ratio
00384
00956
02688

Profitability

Metric
00384
00956
02688
Return on Assets (Normalized)
1.87%2.09%6.49%
Return on Equity (Normalized)
5.14%8.20%14.52%
Return on Invested Capital (Normalized)
3.19%3.40%9.75%
Return on Assets
00384
00956
02688

Utilities - Regulated Gas Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Naturgy Energy Group SA
GASNF
—LOCK|K%s&X$32B
Naturgy Energy Group SA ADR
GASNY
—LOCK|G!Wc!$32B
Atmos Energy Corp
ATO
LOCK|!<PMSpVLOCK|N##@S$30B
Snam SpA
SNMRF
—LOCK|!>$23B
Snam SpA ADR
SNMRY
—LOCK|p$$23B
NiSource Inc
NI
LOCK|Y@pC@#NLOCK|!b%H$22B
Uniper SE
UNPRF
—LOCK|$<$20B
Hong Kong and China Gas Co Ltd
HOKCF
—LOCK|vdyJr$18B
Hong Kong and China Gas Co Ltd ADR
HOKCY
—LOCK|VH!z$18B
New Jersey Resources Corp
NJR
LOCK|kN#RXhnLOCK|lb@sx$6B

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