中国燃气(ADR)股票讨论区

Despite a recent earnings dip, shareholders hold onto China Gas Holdings' stocks, buoyed by a promising future earnings outlook. The high P/E ratio, backed by superior earnings outlook, suggests the share price won't fall significantly soon.

The company's statutory profit might understate its earnings potential due to the unusual expenses, which are not likely to persist. Therefore, an improvement in profit performance could be expected in the future.

Ming Hui Liu's purchase of shares above the current price reflects optimism for the stock and the company's future. High insider ownership aligns with shareholders' interests. Despite no recent insider trading, yearly transactions and ownership signal a positive outlook for China Gas Holdings Limited.

The company's more capital injection is met by falling returns and unchanged sales, hinting at ineffective investments and possibly discouraging growth-seeking investors due to the stock's significant decline.

China Gas recently announced its annual results for the year ended March this year, with revenue of HK$88.2 billion, up 26.1% YoY. Huatai Securities lowered its target price to HK$18.59 and expects a recovery in the company's performance, taking into account sales growth and operational deleveraging.
Key Takeaways：
1. FY22 results in line with expectations, solid dividend yield ratio
China Gas released FY22 results, with core p...