China Resources Gas Group (China Resources Gas Group) 3-Year Book Growth Rate : 4.00% (As of Dec. 2023)

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What is China Resources Gas Group 3-Year Book Growth Rate?

China Resources Gas Group's Book Value per Share for the quarter that ended in Dec. 2023 was $2.26.

During the past 12 months, China Resources Gas Group's average Book Value per Share Growth Rate was 3.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was 4.00% per year. During the past 5 years, the average Book Value per Share Growth Rate was 10.80% per year. During the past 10 years, the average Book Value per Share Growth Rate was 12.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of China Resources Gas Group was 57.00% per year. The lowest was -44.40% per year. And the median was 13.05% per year.

Competitive Comparison of China Resources Gas Group's 3-Year Book Growth Rate

For the Utilities - Regulated Gas subindustry, China Resources Gas Group's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China Resources Gas Group's 3-Year Book Growth Rate Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Resources Gas Group's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where China Resources Gas Group's 3-Year Book Growth Rate falls into.

China Resources Gas Group 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

China Resources Gas Group (OTCPK:CRGGF) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

China Resources Gas Group 3-Year Book Growth Rate Related Terms

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China Resources Gas Group (China Resources Gas Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Resources Gas Group Ltd (OTCPK:CRGGF) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

01193:Hong Kong LGX1:Germany

Address

26 Harbour Road, Room 1901-02, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.crcgas.com

China Resources Gas Group is a leading gas utilities group in China engaged in city gas distribution, including piped natural gas distribution and natural gas filling stations. At the end of 2022, CRG's portfolio comprised 273 city gas projects in China. The firm achieved annual gas sales volume of 35.9 billion cubic meters and has connected 53.9 million residential customers, or a penetration rate of 58.2%.

China Resources Gas Group (China Resources Gas Group) Headlines

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