Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
China Resources Gas GroupCGASY 65 3-Year Share Buyback Ratio is 0.20 as of Dec. 2025. GuruFocus rates CGASY with a GF Score™ of 65/100 and a GF Value™ of $31.57 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 230 Utilities - Regulated companies, China Resources Gas Group ranks better than 84.78% on this metric.
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. China Resources Gas Group's current 3-Year Share Buyback Ratio was 0.20%.
The historical rank and industry rank for China Resources Gas Group's 3-Year Share Buyback Ratio or its related term are showing as below:
CGASY'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -86.7 Med: -1.55 Max: 0.7
Current: 0.2
During the past 13 years, China Resources Gas Group's highest 3-Year Share Buyback Ratio was 0.70%. The lowest was -86.70%. And the median was -1.55%.
CGASY's 3-Year Share Buyback Ratio is ranked better than 84.78% of 230
companies
in the Utilities - Regulated industry
Industry Median: -1.45
vs CGASY: 0.20
China Resources Gas Group (OTCPK:CGASY) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
China Resources Gas Group 3-Year Share Buyback Ratio Related Terms
CGASY vs ATO, NI: 3-Year Share Buyback Ratio Comparison
For the Utilities - Regulated Gas subindustry, China Resources Gas Group's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback 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 3-Year Share Buyback Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, China Resources Gas Group's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where China Resources Gas Group's 3-Year Share Buyback Ratio falls into.
China Resources Gas Group 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of 0.20 mean?
China Resources Gas Group (CGASY) has a 3-Year Share Buyback Ratio of 0.20 as of Dec. 2025. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for China Resources Gas Group and its competitors. According to the industry distribution chart, China Resources Gas Group ranks #35 out of 230 companies in the Utilities - Regulated industry, placing it in the top 15.2%.
Is China Resources Gas Group's 3-Year Share Buyback Ratio too high?
China Resources Gas Group's current 3-Year Share Buyback Ratio is 0.20. Based on the distribution chart, China Resources Gas Group ranks #35 out of 230 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. 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 3-Year Share Buyback Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, China Resources Gas Group ranks #35 out of 230 companies for 3-Year Share Buyback Ratio. This places China Resources Gas Group in the top 15% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for an Utilities - Regulated company?
A good 3-Year Share Buyback Ratio depends on the Utilities - Regulated industry context. However, 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for China Resources Gas Group and its competitors. China Resources Gas Group's current 3-Year Share Buyback Ratio is 0.20. 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 $31.57, compared to a current price of $19.68 — trading 37.7% below its estimated fair value. The current 3-Year Share Buyback Ratio is 0.20. 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 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For China Resources Gas Group (CGASY), the current 3-Year Share Buyback Ratio is 0.20 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 37.7% below its estimated GF Value™ of $31.57.
GuruFocus considers China Resources Gas Group to be Possible Value Trap.
Key valuation signals for CGASY:
3-Year Share Buyback Ratio: 0.20
GF Value™: $31.57 vs. price of $19.68 (37.7% below fair value)
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.
65GF Score
Get the complete analysis for CGASY
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CGASY has been successfully added to your 
