CGASY (China Resources Gas Group) Net Income: $453 Mil (TTM As of Dec. 2025)

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CGASY China Resources Gas Group Ltd CGASY
65 GF Score
Price $19.68
GF Value $30.66
Valuation Possible Value Trap
! 7 Warning Signs
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What is China Resources Gas Group Net Income?

China Resources Gas Group CGASY 65 Net Income is $453 Mil as of Dec. 2025. GuruFocus rates CGASY with a GF Score™ of 65/100 and a GF Value™ of $30.66 (Possible Value Trap). The stock has 7 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. China Resources Gas Group's Net Income for the six months ended in Dec. 2025 was $147 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was $453 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. China Resources Gas Group's Earnings per Share (Diluted) for the six months ended in Dec. 2025 was $0.64.


China Resources Gas Group  (OTCPK:CGASY) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

China Resources Gas Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2025 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


China Resources Gas Group Net Income Related Terms


China Resources Gas Group Net Income Historical Data

* Premium members only.

The historical data trend for China Resources Gas Group's Net Income 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 Net Income Chart

China Resources Gas Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 820.02 607.99 668.87 525.92 455.84

China Resources Gas Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Income 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 214.92 442.61 81.23 306.14 147.03
CGASY
65GF Score
China Resources Gas Group Ltd CGASY
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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China Resources Gas Group Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

China Resources Gas Group's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=885.692+-230.543+0+-199.31
=456

China Resources Gas Group's Net Income for the quarter that ended in Dec. 2025 is calculated as

Net Income(Q: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=326.788+-103.368+0+-76.389
=147

Net Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $453 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $453 Mil mean?
China Resources Gas Group (CGASY) has a Net Income of $453 Mil as of Dec. 2025. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on China Resources Gas Group and its competitors.
Is China Resources Gas Group's Net Income too high?
China Resources Gas Group's current Net Income is $453 Mil. Overall, China Resources Gas Group has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Resources Gas Group's Net Income compare to ATO and NI?
China Resources Gas Group's Net Income of $453 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for an Utilities - Regulated company?
A good Net Income depends on the Utilities - Regulated industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on China Resources Gas Group and its competitors. China Resources Gas Group's current Net Income is $453 Mil. 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 $30.66, compared to a current price of $19.68 — trading 35.8% below its estimated fair value. The current Net Income is $453 Mil. China Resources Gas Group's overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For China Resources Gas Group (CGASY), the current Net Income is $453 Mil 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 35.8% below its estimated GF Value™ of $30.66. GuruFocus considers China Resources Gas Group to be Possible Value Trap.

Key valuation signals for CGASY:

  • Net Income: $453 Mil
  • GF Value™: $30.66 vs. price of $19.68 (35.8% below fair value)
  • GF Score™: 65/100 with 7 warning signs

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 Business Description

Other Exchanges 01193:Hong KongLGX1:Germany
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 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.
65GF Score

Get the complete analysis for CGASY

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$19.68
Price
$30.66
GF Value