China Gas Holdings Ltd
HKEX:384
Operating Margin
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
Peer Comparison
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| HK |
|
China Gas Holdings Ltd
HKEX:384
|
42.1B HKD |
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|
| ES |
|
Naturgy Energy Group SA
MAD:NTGY
|
25.9B EUR |
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|
|
| US |
|
Atmos Energy Corp
NYSE:ATO
|
27.8B USD |
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|
|
| IT |
|
Snam SpA
MIL:SRG
|
19.9B EUR |
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|
|
| HK |
|
Hong Kong and China Gas Co Ltd
HKEX:3
|
142.2B HKD |
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|
|
| JP |
T
|
Tokyo Gas Co Ltd
TSE:9531
|
2.5T JPY |
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|
|
| JP |
|
Osaka Gas Co Ltd
TSE:9532
|
2.4T JPY |
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|
|
| IT |
|
Italgas SpA
MIL:IG
|
10.4B EUR |
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|
|
| IN |
|
GAIL (India) Ltd
NSE:GAIL
|
1.1T INR |
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|
|
| VN |
P
|
Petrovietnam Gas Joint Stock Corp
VN:GAS
|
281.3T VND |
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|
|
| CN |
|
ENN Energy Holdings Ltd
HKEX:2688
|
77.7B HKD |
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|
Market Distribution
| Min | -36 930 000% |
| 30th Percentile | -5.1% |
| Median | 2.5% |
| 70th Percentile | 9.4% |
| Max | 8 238.3% |
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
Operating Margin is calculated by dividing the Operating Income by the Revenue.
The current Operating Margin for China Gas Holdings Ltd is 7.2%, which is below its 3-year median of 7.3%.
Over the last 3 years, China Gas Holdings Ltd’s Operating Margin has decreased from 10.3% to 7.2%. During this period, it reached a low of 6.8% on Sep 30, 2023 and a high of 10.3% on Aug 30, 2022.