TheScreener - China Resources Gas Group Limited (LGX1) CHINA RESOURCES GAS GROUP sees an upgrade to Positive due to a better fundamental star rating

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CHINA RESOURCES GAS GROUP sees an upgrade to Positive due to a better fundamental star rating

The general evaluation of CHINA RESOURCES GAS GROUP (HK), a company active in the Gas Distribution industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date November 9, 2021, the closing price was HKD 39.65 and its potential was estimated at HKD 48.04.

10/11/2021 6 EN

Underlying

China Resources Gas Group Limited

China Resources Gas Group is an investment holding company. Co. operates a gas utilities group in China that is principally engaged in downstream city gas distribution business including piped natural gas distribution and natural gas filling stations operations. Co. and its subsidiaries' operating segments are as follows: sale and distribution of gas fuel and related products; which is engaged in the sale of natural gas and liquefied petroleum gas for residential, commercial and industrial use; and Gas connection, which engaged in the construction of gas pipelines networks under gas connection contracts.

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TheScreener

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CHINA RESOURCES GAS GROUP sees an upgrade to Positive due to a better fundamental star rating

Empowering Investors

China Resources Gas Group Ltd: 1 director

China Resources Gas (1193 HK): 2024: Below expectations; mild winter drags gas sales volume growth of 2.9% yoy; downgrade to HOLD.

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AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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