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China Resources Gas Group (China Resources Gas Group) Enterprise Value : $9,996 Mil (As of May. 25, 2024)


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What is China Resources Gas Group Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, China Resources Gas Group's Enterprise Value is $9,996 Mil. China Resources Gas Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,259 Mil. Therefore, China Resources Gas Group's EV-to-EBIT ratio for today is 7.94.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, China Resources Gas Group's Enterprise Value is $9,996 Mil. China Resources Gas Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $1,259 Mil. Therefore, China Resources Gas Group's EV-to-EBITDA ratio for today is 7.94.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, China Resources Gas Group's Enterprise Value is $9,996 Mil. China Resources Gas Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $12,949 Mil. Therefore, China Resources Gas Group's EV-to-Revenue ratio for today is 0.77.


China Resources Gas Group Enterprise Value Historical Data

The historical data trend for China Resources Gas Group's Enterprise Value 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.

* Premium members only.

China Resources Gas Group Enterprise Value Chart

China Resources Gas Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,311.10 12,429.21 13,931.77 12,226.03 11,534.35

China Resources Gas Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13,931.77 13,484.88 12,226.03 12,250.55 11,534.35

Competitive Comparison of China Resources Gas Group's Enterprise Value

For the Utilities - Regulated Gas subindustry, China Resources Gas Group's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Resources Gas Group's Enterprise Value distribution charts can be found below:

* The bar in red indicates where China Resources Gas Group's Enterprise Value falls into.



China Resources Gas Group Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

China Resources Gas Group's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

China Resources Gas Group's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* 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) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

China Resources Gas Group's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=9996.038/1258.948
=7.94

China Resources Gas Group's current Enterprise Value is $9,996 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Resources Gas Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,259 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

China Resources Gas Group's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=9996.038/1258.948
=7.94

China Resources Gas Group's current Enterprise Value is $9,996 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Resources Gas Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $1,259 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

China Resources Gas Group's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=9996.038/12948.941
=0.77

China Resources Gas Group's current Enterprise Value is $9,996 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Resources Gas Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 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 Enterprise Value Related Terms

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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

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