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China Resources Gas GroupCGASY 69 Earnings Yield (Joel Greenblatt) % is 8.24% as of Dec. 2025, which is 16% below its 10-year median of 9.79. GuruFocus rates CGASY with a GF Score™ of 69/100 and a GF Value™ of $29.63 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 509 Utilities - Regulated companies, China Resources Gas Group ranks better than 70.92% on this metric.
China Resources Gas Group's Enterprise Value for the quarter that ended in Dec. 2025 was $11,220 Mil.
China Resources Gas Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $963 Mil. China Resources Gas Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 8.24%.
The historical rank and industry rank for China Resources Gas Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
CGASY'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.74 Med: 9.79 Max: 18.76
Current: 9.79
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of China Resources Gas Group was 18.76%. The lowest was 7.74%. And the median was 9.79%.
CGASY's Earnings Yield (Joel Greenblatt) % is ranked better than 70.92% of 509
companies
in the Utilities - Regulated industry
Industry Median: 6.56
vs CGASY: 9.79
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. China Resources Gas Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 3.35%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
China Resources Gas Group (OTCPK:CGASY) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
China Resources Gas Group Earnings Yield (Joel Greenblatt) % Related Terms
China Resources Gas Group Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for China Resources Gas Group's Earnings Yield (Joel Greenblatt) % can be seen below:
* 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 Earnings Yield (Joel Greenblatt) % Chart
CGASY vs ATO, NI: Earnings Yield (Joel Greenblatt) % Comparison
For the Utilities - Regulated Gas subindustry, China Resources Gas Group's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, China Resources Gas Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where China Resources Gas Group's Earnings Yield (Joel Greenblatt) % falls into.
China Resources Gas Group Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
China Resources Gas Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
What does a Earnings Yield (Joel Greenblatt) % of 8.24% mean?
China Resources Gas Group (CGASY) has a Earnings Yield (Joel Greenblatt) % of 8.24% as of Dec. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on China Resources Gas Group and its competitors. This is 16% below median its historical median of 9.79. Over the past decade, China Resources Gas Group's Earnings Yield (Joel Greenblatt) % has ranged from 7.74 to 18.76. According to the industry distribution chart, China Resources Gas Group ranks #148 out of 509 companies in the Utilities - Regulated industry, placing it in the top 29.1%.
Is China Resources Gas Group's Earnings Yield (Joel Greenblatt) % too high?
China Resources Gas Group's current Earnings Yield (Joel Greenblatt) % of 8.24% is 16% below median its 10-year median of 9.79. Over the past 10 years, this metric has ranged from a low of 7.74 to a high of 18.76. The Utilities - Regulated industry median Earnings Yield (Joel Greenblatt) % is 6.56. China Resources Gas Group's value of 8.24% is 25.6% above this industry median. Based on the distribution chart, China Resources Gas Group ranks #148 out of 509 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, China Resources Gas Group has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Resources Gas Group's Earnings Yield (Joel Greenblatt) % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, China Resources Gas Group ranks #148 out of 509 companies for Earnings Yield (Joel Greenblatt) %. This puts China Resources Gas Group in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.56. China Resources Gas Group's value of 8.24% is 25.6% above this benchmark. Historically, China Resources Gas Group's own Earnings Yield (Joel Greenblatt) % has ranged from 7.74 to 18.76 over the past decade. While the company's 10-year median is 9.79 vs. the industry median of 6.56, China Resources Gas Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Utilities - Regulated company?
The median Earnings Yield (Joel Greenblatt) % among Utilities - Regulated companies is 6.56, based on 509 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Resources Gas Group's current Earnings Yield (Joel Greenblatt) % of 8.24% is 25.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on China Resources Gas Group and its competitors. For the Utilities - Regulated industry, the median Earnings Yield (Joel Greenblatt) % is 6.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Resources Gas Group's current Earnings Yield (Joel Greenblatt) % is 8.24%, which is 16% below median its own 10-year median of 9.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Gas Group stock overvalued right now?
Based on GuruFocus' analysis, China Resources Gas Group (CGASY) is currently considered Possible Value Trap. The stock's GF Value™ is $29.63, compared to a current price of $19.68 — trading 33.6% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 8.24%, which is 16% below median its 10-year median of 9.79 and 25.6% above the Utilities - Regulated industry median of 6.56. China Resources Gas Group's overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For China Resources Gas Group (CGASY), the current Earnings Yield (Joel Greenblatt) % is 8.24% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China Resources Gas Group (CGASY) Overvalued in 2026?
Based on GuruFocus' analysis, China Resources Gas Group stock appears to be undervalued.
The current stock price of $19.68 is trading 33.6% below its estimated GF Value™ of $29.63.
GuruFocus considers China Resources Gas Group to be Possible Value Trap.
Key valuation signals for CGASY:
Earnings Yield (Joel Greenblatt) %: 8.24% (16% below median its 10-year median of 9.79)
GF Value™: $29.63 vs. price of $19.68 (33.6% below fair value)
Industry Position: 25.6% above the Utilities - Regulated median (#148 of 509)
No single metric tells the full story. See the CGASY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 2025, CRG's portfolio comprised 275 city gas projects in China. The firm achieved annual gas sales volume of 40.2 billion cubic meters and has connected 62.7 million residential customers.
69GF Score
Get the complete analysis for CGASY
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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