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

China Resources Gas Group (China Resources Gas Group) 3-Year FCF Growth Rate : 5.50% (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

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

China Resources Gas Group's Free Cash Flow per Share for the six months ended in Dec. 2023 was $0.10.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was 5.50% 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 Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of China Resources Gas Group was 44.70% per year. The lowest was -92.90% per year. And the median was 7.60% per year.


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

For the Utilities - Regulated Gas subindustry, China Resources Gas Group's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF 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 FCF Growth Rate Distribution in the Utilities - Regulated Industry

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

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



China Resources Gas Group 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow 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 Free Cash Flow per Share growth rate.


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

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


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

Thank you for viewing the detailed overview of China Resources Gas Group's 3-Year FCF Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


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

Traded in Other Exchanges
Address
26 Harbour Road, Room 1901-02, China Resources Building, Wanchai, Hong Kong, HKG
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

From GuruFocus