CGASY (China Resources Gas Group) Dividend Payout Ratio: 0.60 (As of Dec. 2025) — 71% Above Median

What is China Resources Gas Group Dividend Payout Ratio?

China Resources Gas Group CGASY 70 Dividend Payout Ratio is 0.60 as of Dec. 2025, which is 71% above its 10-year median of 0.35. GuruFocus rates CGASY with a GF Score™ of 70/100 and a GF Value™ of $37.00 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 373 Utilities - Regulated companies, China Resources Gas Group ranks worse than 65.42% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. China Resources Gas Group's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.60.

The historical rank and industry rank for China Resources Gas Group's Dividend Payout Ratio or its related term are showing as below:

CGASY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.35 Max: 0.7
Current: 0.64

During the past 13 years, the highest Dividend Payout Ratio of China Resources Gas Group was 0.70. The lowest was 0.25. And the median was 0.35.

CGASY's Dividend Payout Ratio is ranked worse than
65.42% of 373 companies
in the Utilities - Regulated industry
Industry Median: 0.54 vs CGASY: 0.64

As of today (2026-06-27), the Dividend Yield % of China Resources Gas Group is 5.61%.

During the past 13 years, the highest Trailing Annual Dividend Yield of China Resources Gas Group was 6.76%. The lowest was 1.09%. And the median was 2.11%.

China Resources Gas Group's Dividends per Share for the months ended in Dec. 2025 was $0.39.

During the past 12 months, China Resources Gas Group's average Dividends Per Share Growth Rate was -20.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -7.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Resources Gas Group was 44.20% per year. The lowest was -41.50% per year. And the median was 22.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

China Resources Gas Group (OTCPK:CGASY) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

China Resources Gas Group Dividend Payout Ratio Related Terms

China Resources Gas Group Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for China Resources Gas Group's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

China Resources Gas Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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0.34

0.61

0.54

0.70

0.63

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
Dividend Payout Ratio	Get a 7-Day Free Trial															0.20	0.66	0.90	0.66	0.60

CGASY vs ATO, NI: Dividend Payout Ratio Comparison

For the Utilities - Regulated Gas subindustry, China Resources Gas Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Utilities - Regulated Industry

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

* The bar in red indicates where China Resources Gas Group's Dividend Payout Ratio falls into.

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70GF Score

China Resources Gas Group Ltd CGASY

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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China Resources Gas Group Dividend Payout Ratio Calculation

China Resources Gas Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	1.282	/	2.044
	=	0.63

China Resources Gas Group's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2025 )	/	EPS without NRI (Q: Dec. 2025 )
	=	0.385	/	0.64
	=	0.60

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.60 mean?

China Resources Gas Group (CGASY) has a Dividend Payout Ratio of 0.60 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on China Resources Gas Group and its competitors. This is 71% above median its historical median of 0.35. Over the past decade, China Resources Gas Group's Dividend Payout Ratio has ranged from 0.25 to 0.70. According to the industry distribution chart, China Resources Gas Group ranks #244 out of 373 companies in the Utilities - Regulated industry, placing it in the top 65.4%.

Is China Resources Gas Group's Dividend Payout Ratio too high?

China Resources Gas Group's current Dividend Payout Ratio of 0.60 is 71% above median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.70. The Utilities - Regulated industry median Dividend Payout Ratio is 0.54. China Resources Gas Group's value of 0.60 is 11.1% above this industry median. Based on the distribution chart, China Resources Gas Group ranks #244 out of 373 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, China Resources Gas Group has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does China Resources Gas Group's Dividend Payout Ratio compare to ATO and NI?

According to the Utilities - Regulated industry distribution chart, China Resources Gas Group ranks #244 out of 373 companies for Dividend Payout Ratio. This places China Resources Gas Group in the lower half of its industry. The industry median Dividend Payout Ratio is 0.54. China Resources Gas Group's value of 0.60 is 11.1% above this benchmark. Historically, China Resources Gas Group's own Dividend Payout Ratio has ranged from 0.25 to 0.70 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.54, 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 Dividend Payout Ratio for an Utilities - Regulated company?

The median Dividend Payout Ratio among Utilities - Regulated companies is 0.54, based on 373 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Resources Gas Group's current Dividend Payout Ratio of 0.60 is 11.1% 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 Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on China Resources Gas Group and its competitors. For the Utilities - Regulated industry, the median Dividend Payout Ratio is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Resources Gas Group's current Dividend Payout Ratio is 0.60, which is 71% above median its own 10-year median of 0.35. 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 $37.00, compared to a current price of $21.81 — trading 41.1% below its estimated fair value. The current Dividend Payout Ratio is 0.60, which is 71% above median its 10-year median of 0.35 and 11.1% above the Utilities - Regulated industry median of 0.54. China Resources Gas Group's overall GF Score™ is 70/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For China Resources Gas Group (CGASY), the current Dividend Payout Ratio is 0.60 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 $21.81 is trading 41.1% below its estimated GF Value™ of $37.00. GuruFocus considers China Resources Gas Group to be Possible Value Trap.

Key valuation signals for CGASY:

Dividend Payout Ratio: 0.60 (71% above median its 10-year median of 0.35)
GF Value™: $37.00 vs. price of $21.81 (41.1% below fair value)
GF Score™: 70/100 with 7 warning signs
Industry Position: 11.1% above the Utilities - Regulated median (#244 of 373)

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

Industry Utilities Utilities - Regulated

Comparable Companies HKSE:00384 HKSE:00956 HKSE:02688 HKSE:01083 HKSE:03633 HKSE:01600 HKSE:02886 HKSE:01940 HKSE:09908 HKSE:06661 XMAD:NTGY ATO MIL:SRG XTER:UN0 NI HKSE:00003 TSE:9531 TSE:9532 MIL:IG BOM:532155

Other Exchanges 01193:Hong Kong LGX1:Germany

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

Website https://www.crcgas.com

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.

70GF Score

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

$21.81

Price

$37.00

GF Value

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