CGASY (China Resources Gas Group) ROE %: 5.25% (As of Dec. 2025) — 68% Below Median


CGASY China Resources Gas Group Ltd CGASY
70 GF Score
Price $21.81
GF Value $37.00
Valuation Possible Value Trap
! 7 Warning Signs
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What is China Resources Gas Group ROE %?

China Resources Gas Group CGASY 70 ROE % is 5.25% as of Dec. 2025, which is 68% below its 10-year median of 16.42. 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 503 Utilities - Regulated companies, China Resources Gas Group ranks worse than 52.88% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. China Resources Gas Group's annualized net income for the quarter that ended in Dec. 2025 was $294 Mil. China Resources Gas Group's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was $5,603 Mil. Therefore, China Resources Gas Group's annualized ROE % for the quarter that ended in Dec. 2025 was 5.25%.

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

CGASY' s ROE % Range Over the Past 10 Years
Min: 8.26   Med: 16.42   Max: 19.83
Current: 8.26

During the past 13 years, China Resources Gas Group's highest ROE % was 19.83%. The lowest was 8.26%. And the median was 16.42%.

CGASY's ROE % is ranked worse than
52.88% of 503 companies
in the Utilities - Regulated industry
Industry Median: 8.62 vs CGASY: 8.26

China Resources Gas Group  (OTCPK:CGASY) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=294.062/5603.2305
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(294.062 / 12324.592)*(12324.592 / 17588.207)*(17588.207 / 5603.2305)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.39 %*0.7007*3.1389
=ROA %*Equity Multiplier
=1.67 %*3.1389
=5.25 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=294.062/5603.2305
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (294.062 / 653.576) * (653.576 / 600.81) * (600.81 / 12324.592) * (12324.592 / 17588.207) * (17588.207 / 5603.2305)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.4499 * 1.0878 * 4.87 % * 0.7007 * 3.1389
=5.25 %

Note: The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


China Resources Gas Group ROE % Related Terms


China Resources Gas Group ROE % Historical Data

* Premium members only.

The historical data trend for China Resources Gas Group's ROE % 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 ROE % Chart

China Resources Gas Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.45 11.76 13.03 10.00 8.31

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
ROE % 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 8.35 16.78 3.06 11.31 5.25

CGASY vs ATO, NI: ROE % Comparison

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

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

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


CGASY
70GF Score
China Resources Gas Group Ltd CGASY
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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China Resources Gas Group ROE % Calculation

China Resources Gas Group's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=455.839/( (5296.52+5677.58)/ 2 )
=455.839/5487.05
=8.31 %

China Resources Gas Group's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=294.062/( (5528.881+5677.58)/ 2 )
=294.062/5603.2305
=5.25 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 5.25% mean?
China Resources Gas Group (CGASY) has a ROE % of 5.25% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on China Resources Gas Group and its competitors. This is 68% below median its historical median of 16.42. Over the past decade, China Resources Gas Group's ROE % has ranged from 8.26 to 19.83. According to the industry distribution chart, China Resources Gas Group ranks #266 out of 503 companies in the Utilities - Regulated industry, placing it in the top 52.9%.
Is China Resources Gas Group's ROE % too high?
China Resources Gas Group's current ROE % of 5.25% is 68% below median its 10-year median of 16.42. Over the past 10 years, this metric has ranged from a low of 8.26 to a high of 19.83. The Utilities - Regulated industry median ROE % is 8.62. China Resources Gas Group's value of 5.25% is 39.1% below this industry median. Based on the distribution chart, China Resources Gas Group ranks #266 out of 503 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 ROE % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, China Resources Gas Group ranks #266 out of 503 companies for ROE %. This places China Resources Gas Group in the lower half of its industry. The industry median ROE % is 8.62. China Resources Gas Group's value of 5.25% is 39.1% below this benchmark. Historically, China Resources Gas Group's own ROE % has ranged from 8.26 to 19.83 over the past decade. While the company's 10-year median is 16.42 vs. the industry median of 8.62, China Resources Gas Group has consistently been below 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 ROE % for an Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.62, based on 503 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Resources Gas Group's current ROE % of 5.25% is 39.1% below 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on China Resources Gas Group and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Resources Gas Group's current ROE % is 5.25%, which is 68% below median its own 10-year median of 16.42. 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 ROE % is 5.25%, which is 68% below median its 10-year median of 16.42 and 39.1% below the Utilities - Regulated industry median of 8.62. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For China Resources Gas Group (CGASY), the current ROE % is 5.25% 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:

  • ROE %: 5.25% (68% below median its 10-year median of 16.42)
  • GF Value™: $37.00 vs. price of $21.81 (41.1% below fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 39.1% below the Utilities - Regulated median (#266 of 503)

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.
70GF Score

Get the complete analysis for CGASY

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

$21.81
Price
$37.00
GF Value