ENN Energy's first-half core profit fell 1% year over year, while China Resources Gas' net profit rose 1%. Earnings reflected weak retail gas volumes and lower connection income, with new residential connections declining 22%-27% at both companies.
China’s policies to encourage the use of cleaner energy such as natural gas will continue to benefit leading city gas operators such as CRG.
CRG’s profitability will be negatively affected by the potential removal of the one-off connection fees from its city gas operations.
|
Metric
|
01193
|
02688
|
00956
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.60 | 7.64 | 8.31 |
Price/Book Value | 0.80 | 0.98 | 0.53 |
Price/Sales | 0.37 | 0.43 | 0.72 |
Price/Cash Flow | 5.35 | 4.74 | 1.79 |
|
Metric
|
01193
|
02688
|
00956
|
|---|---|---|---|
Quick Ratio | 0.51 | 0.46 | 0.49 |
Current Ratio | 0.62 | 0.56 | 0.56 |
Interest Coverage | 11.29 | 15.43 | 3.20 |
|
Metric
|
01193
|
02688
|
00956
|
|---|---|---|---|
Return on Assets (Normalized) | 3.71% | 6.49% | 2.09% |
Return on Equity (Normalized) | 11.70% | 14.52% | 8.20% |
Return on Invested Capital (Normalized) | 5.67% | 9.75% | 3.40% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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GASNF
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ATO
| LOCK|$#h!>pF | LOCK|FWP$$ | $26B | |||
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UNPRF
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SNMRF
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SNMRY
| — | LOCK|G%v | $21B | |||
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NI
| LOCK|>>QM@dD | LOCK|&q%# | $19B | |||
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HOKCY
| — | LOCK|cX&<? | $17B | |||
| Hong Kong and China Gas Co Ltd
HOKCF
| — | LOCK|<?$^ | $17B | |||
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NJR
| LOCK|>p>%#%S | LOCK|@MZb< | $5B |
United States