Earnings Alerts

China Gas Holdings (384) Earnings Fall Short: FY Net Income at HK$3.18 Billion vs. Estimate of HK$4.27 Billion

  • Net income: HK$3.18 billion (Estimated: HK$4.27 billion)
  • Revenue: HK$81.41 billion (Estimated: HK$88.33 billion)
  • Gross profit margin: 13.9% (Estimated: 14.4%)
  • Natural gas sales: 41.70 billion cubic meters (Estimated: 41.11 billion cubic meters)
  • Final dividend per share: 35 HK cents
  • Analyst recommendations:
    • 16 buys
    • 9 holds
    • 1 sell

A look at China Gas Holdings Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

China Gas Holdings Ltd., a company that invests in, operates, and manages natural gas distribution pipelines, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a solid score in dividends and momentum, along with decent scores in value and growth, China Gas Holdings is positioned well for the future. Its focus on distributing natural gas to different sectors and operating gas stations provides a stable base for growth.

Despite a slightly lower score in resilience, China Gas Holdings‘ overall outlook remains positive, supported by its strength in dividends and momentum. The company’s strategic investments in natural gas distribution and sales, catering to various user segments, indicate a strong foundation for continued growth and sustainability in the market.

Summary: China Gas Holdings Ltd. invests in, operates and manages natural gas distribution pipelines. The Company distributes and sells natural gas to residential, commercial and industrial users, and bottles and sells compressed natural gas. China Gas also constructs and operates gas stations.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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