China Resources Gas Group's revenue for the
six
months ended in Dec. 2023 was $6,774 Mil.
Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $12,949 Mil.
China Resources Gas Group's Revenue per Share for the
six
months ended in Dec. 2023 was $2.93.
Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $5.65.
Warning Sign:
China Resources Gas Group Ltd revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of China Resources Gas Group was 7.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 21.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 15.20% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 15.50% 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 other companies' revenue growth rate using Revenue per Share data.
During the past 13 years, China Resources Gas Group's highest 3-Year average Revenue per Share Growth Rate was 31.60% per year. The lowest was -95.40% per year. And the median was 16.70% per year.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of China Resources Gas Group's Revenue
For the Utilities - Regulated Gas subindustry, China Resources Gas Group's Revenue, along with its competitors' market caps and Revenue 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 Revenue Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, China Resources Gas Group's Revenue distribution charts can be found below:
* The bar in red indicates where China Resources Gas Group's Revenue falls into.
China Resources Gas Group Revenue Calculation
Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.
Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $12,949 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
China Resources Gas Group (OTCPK:CRGGF) Revenue Explanation
In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.
Peter Lynch categorized companies according to their revenue growth:
His favorite companies are stalwart, those growing between 10-20% a year.
Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.
Be Aware
Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.
China Resources Gas Group Revenue Related Terms
Thank you for viewing the detailed overview of China Resources Gas Group's Revenue 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
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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