China Gas Holdings Ltd
HKEX:384
Net Margin
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Peer Comparison
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| HK |
|
China Gas Holdings Ltd
HKEX:384
|
43.6B HKD |
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|
|
| ES |
|
Naturgy Energy Group SA
MAD:NTGY
|
25.3B EUR |
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|
|
| US |
|
Atmos Energy Corp
NYSE:ATO
|
29.6B USD |
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|
|
| IT |
|
Snam SpA
MIL:SRG
|
20.9B EUR |
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|
|
| HK |
|
Hong Kong and China Gas Co Ltd
HKEX:3
|
142.4B HKD |
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|
|
| JP |
T
|
Tokyo Gas Co Ltd
TSE:9531
|
2.6T JPY |
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|
|
| JP |
|
Osaka Gas Co Ltd
TSE:9532
|
2.6T JPY |
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|
|
| IT |
|
Italgas SpA
MIL:IG
|
11B EUR |
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|
| IN |
|
GAIL (India) Ltd
NSE:GAIL
|
1.1T INR |
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|
|
| CN |
|
ENN Energy Holdings Ltd
HKEX:2688
|
77B HKD |
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|
|
| CA |
|
AltaGas Ltd
TSX:ALA
|
13.5B CAD |
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Market Distribution
| Min | -239 513 300% |
| 30th Percentile | -12.9% |
| Median | 0.5% |
| 70th Percentile | 5.3% |
| Max | 203 056% |
Other Profitability Ratios
China Gas Holdings Ltd
Glance View
China Gas Holdings Ltd. is a pivotal player in the energy sector, strategically positioned to harness the growing urbanization and industrialization of China. Founded as a purveyor of natural gas services, the company has crafted its success story through a robust business model centered around the procurement, distribution, and sale of natural gas and other energy solutions. At its core, China Gas operates an extensive network of gas pipelines, feeding residential, commercial, and industrial consumers, thus playing a critical role in meeting China's escalating energy demands. By capitalizing on both municipal and provincial energy infrastructure projects, China Gas secures long-term growth and strengthens its market presence. Through strategic investments and partnerships, China Gas Holdings has diversified its portfolio to include liquefied petroleum gas (LPG) distribution and recently ventured into renewable energy initiatives. This diversification not only hedges against market volatility but also aligns with China's environmental policies and transition towards cleaner energy sources. The company generates revenue through city gas projects which involve the development and operation of gas networks, leveraging cost-effective procurement and efficient distribution systems to optimize margins. By maintaining a balance between traditional and innovative energy solutions, China Gas continues to sustain its financial health, contributing to its commendable position within China's expansive energy landscape.
See Also
Net Margin is calculated by dividing the Net Income by the Revenue.
The current Net Margin for China Gas Holdings Ltd is 3.6%, which is below its 3-year median of 3.9%.
Over the last 3 years, China Gas Holdings Ltd’s Net Margin has decreased from 7.4% to 3.6%. During this period, it reached a low of 3.4% on Sep 30, 2023 and a high of 7.4% on Sep 30, 2022.