Chongqing Gas Grp Corp Ltd

SHG:600917 China Utilities - Regulated Gas
Market Cap
$1.22 Billion
CN¥8.94 Billion CNY
Market Cap Rank
#9146 Global
#1837 in China
Share Price
CN¥5.73
Change (1 day)
-1.04%
52-Week Range
CN¥5.29 - CN¥6.42
All Time High
CN¥18.50
About

Chongqing Gas Group Corporation Ltd. engages in the natural gas operation business in China and internationally. The company offers urban gas storage, transmission, distribution, and sales, as well as the design, manufacturing, installation, and maintenance of natural gas pipeline facilities and equipment. The company is developing integrated energy businesses, such as natural gas distributed ene… Read more

Chongqing Gas Grp Corp Ltd (600917) - Total Assets

Latest total assets as of June 2025: CN¥10.95 Billion CNY

Based on the latest financial reports, Chongqing Gas Grp Corp Ltd (600917) holds total assets worth CN¥10.95 Billion CNY 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.

Chongqing Gas Grp Corp Ltd - Total Assets Trend (2011–2024)

This chart illustrates how Chongqing Gas Grp Corp Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Chongqing Gas Grp Corp Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Chongqing Gas Grp Corp Ltd's total assets of CN¥10.95 Billion consist of 25.2% current assets and 74.8% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 9.5%
Accounts Receivable CN¥787.93 Million 7.1%
Inventory CN¥51.87 Million 0.5%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥412.98 Million 3.7%
Goodwill CN¥72.14 Million 0.7%

Asset Composition Trend (2011–2024)

This chart illustrates how Chongqing Gas Grp Corp Ltd'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: Chongqing Gas Grp Corp Ltd's current assets represent 25.2% of total assets in 2024, an increase from 0.0% in 2011.
  • Cash Position: Cash and equivalents constituted 9.5% of total assets in 2024, down from 39.4% in 2011.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 4.0% in 2011.
  • Asset Diversification: The largest asset category is accounts receivable at 7.1% of total assets.

Chongqing Gas Grp Corp Ltd Competitors by Total Assets

Key competitors of Chongqing Gas Grp Corp Ltd 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

Chongqing Gas Grp Corp Ltd - 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

Historical Range: 0.68 - 0.97

Strong asset utilization - Chongqing Gas Grp Corp Ltd generates 0.92x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 3.46% - 5.03%

Moderate ROA - For every $100 in assets, Chongqing Gas Grp Corp Ltd generates $ 3.46 in net profit.

Chongqing Gas Grp Corp Ltd - 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 0.68 0.85 0.65
Quick Ratio 0.67 0.83 0.63
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥-1.18 Billion CN¥ -566.19 Million CN¥ -1.53 Billion

Chongqing Gas Grp Corp Ltd - Advanced Valuation Insights

This section examines the relationship between Chongqing Gas Grp Corp Ltd'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 1.55
Latest Market Cap to Assets Ratio 0.06
Asset Growth Rate (YoY) 5.2%
Total Assets CN¥11.08 Billion
Market Capitalization $635.06 Million USD

Valuation Analysis

Below Book Valuation: The market values Chongqing Gas Grp Corp Ltd's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Chongqing Gas Grp Corp Ltd's assets grew by 5.2% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Chongqing Gas Grp Corp Ltd (2011–2024)

The table below shows the annual total assets of Chongqing Gas Grp Corp Ltd from 2011 to 2024.

Year Total Assets Change
2024-12-31 CN¥11.08 Billion +5.17%
2023-12-31 CN¥10.53 Billion +3.84%
2022-12-31 CN¥10.14 Billion +11.68%
2021-12-31 CN¥9.08 Billion -0.03%
2020-12-31 CN¥9.08 Billion +5.40%
2019-12-31 CN¥8.62 Billion +3.18%
2018-12-31 CN¥8.35 Billion +1.32%
2017-12-31 CN¥8.24 Billion +1.95%
2016-12-31 CN¥8.09 Billion +2.20%
2015-12-31 CN¥7.91 Billion +9.57%
2014-12-31 CN¥7.22 Billion +15.07%
2013-12-31 CN¥6.27 Billion +7.80%
2012-12-31 CN¥5.82 Billion +11.79%
2011-12-31 CN¥5.21 Billion --