China Resources Gas Group Limited
China Resources Gas Group Limited, an investment holding company, engages in the sale of natural and liquefied gas and connection of gas pipelines. The company operates through Sale and Distribution of Gas Fuel and Related Products, Gas Connection, Comprehensive Services, Design and Construction Services, and Gas Stations segments. The Sale and Distribution of Gas Fuel and Related Products segmen… Read more
China Resources Gas Group Limited (CRGGF) - Total Assets
Latest total assets as of June 2025: $138.49 Billion USD
Based on the latest financial reports, China Resources Gas Group Limited (CRGGF) holds total assets worth $138.49 Billion USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
China Resources Gas Group Limited - Total Assets Trend (1999–2024)
This chart illustrates how China Resources Gas Group Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
China Resources Gas Group Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
China Resources Gas Group Limited's total assets of $138.49 Billion consist of 22.2% current assets and 77.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.7% |
| Accounts Receivable | $14.34 Billion | 10.8% |
| Inventory | $1.40 Billion | 1.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $4.82 Billion | 3.6% |
| Goodwill | $4.78 Billion | 3.6% |
Asset Composition Trend (1999–2024)
This chart illustrates how China Resources Gas Group Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: China Resources Gas Group Limited's current assets represent 22.2% of total assets in 2024, a decrease from 52.2% in 1999.
- Cash Position: Cash and equivalents constituted 5.7% of total assets in 2024, down from 7.1% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 0.0% in 1999.
- Asset Diversification: The largest asset category is accounts receivable at 10.8% of total assets.
China Resources Gas Group Limited Competitors by Total Assets
Key competitors of China Resources Gas Group Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Delong Composite Energy Group Co Ltd
SHE:000593
|
China | CN¥1.92 Billion |
|
Shaanxi Meineng Clean Energy Corp. Ltd. A
SHE:001299
|
China | CN¥1.61 Billion |
|
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700
|
China | CN¥1.58 Billion |
|
Foran Energy Group Co Ltd
SHE:002911
|
China | CN¥21.05 Billion |
|
Samchully
KO:004690
|
Korea | ₩4.23 Trillion |
|
Taekyung Chem
KO:006890
|
Korea | ₩222.46 Billion |
|
Kyungdong Gas
KO:012320
|
Korea | ₩598.73 Billion |
|
Yesco Holdings Co. Ltd
KO:015360
|
Korea | ₩1.34 Trillion |
China Resources Gas Group Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - China Resources Gas Group Limited generates 0.78x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, China Resources Gas Group Limited generates $ 3.09 in net profit.
China Resources Gas Group Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.57 | 0.64 | 0.86 |
| Quick Ratio | 0.56 | 0.62 | 0.83 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-24.64 Billion | $ -20.58 Billion | $ -5.02 Billion |
China Resources Gas Group Limited - Advanced Valuation Insights
This section examines the relationship between China Resources Gas Group Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.17 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -3.9% |
| Total Assets | $132.48 Billion |
| Market Capitalization | $2.74 Billion USD |
Valuation Analysis
Below Book Valuation: The market values China Resources Gas Group Limited's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: China Resources Gas Group Limited's assets decreased by 3.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for China Resources Gas Group Limited (1999–2024)
The table below shows the annual total assets of China Resources Gas Group Limited from 1999 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $132.48 Billion | -3.91% |
| 2023-12-31 | $137.87 Billion | +23.04% |
| 2022-12-31 | $112.05 Billion | +5.57% |
| 2021-12-31 | $106.14 Billion | +13.07% |
| 2020-12-31 | $93.87 Billion | +15.86% |
| 2019-12-31 | $81.02 Billion | +10.13% |
| 2018-12-31 | $73.57 Billion | +6.99% |
| 2017-12-31 | $68.76 Billion | +15.23% |
| 2016-12-31 | $59.68 Billion | -0.37% |
| 2015-12-31 | $59.90 Billion | +4.14% |
| 2014-12-31 | $57.52 Billion | +13.94% |
| 2013-12-31 | $50.48 Billion | +19.06% |
| 2012-12-31 | $42.40 Billion | +66.89% |
| 2011-12-31 | $25.41 Billion | +32.60% |
| 2010-12-31 | $19.16 Billion | +123.51% |
| 2009-12-31 | $8.57 Billion | +131.30% |
| 2008-12-31 | $3.71 Billion | -46.90% |
| 2007-12-31 | $6.98 Billion | -11.91% |
| 2006-12-31 | $7.92 Billion | +42.21% |
| 2005-12-31 | $5.57 Billion | +20.84% |
| 2004-12-31 | $4.61 Billion | +23.34% |
| 2003-12-31 | $3.74 Billion | +6.15% |
| 2002-12-31 | $3.52 Billion | +68.78% |
| 2001-12-31 | $2.09 Billion | +583.90% |
| 2000-12-31 | $305.09 Million | +45.95% |
| 1999-12-31 | $209.03 Million | -- |