Overview
Logic Int'l
China Resources Gas Group (CR Gas, formerly China Resources Logic) has a new energy to its business. CR Gas distributes gas in China through piped natural gas and petroleum, CNG (compressed natural gas) filling stations, and sales of bottled LPG (liquefied petroleum gas). In 2008 the company acquired the gas distribution business of China Resources (Holdings). Focuing on its core gas business, in 2008 CR Gas sold its ready mix concrete business
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Read More and its interest in CSMC Technologies, a China-based silicon foundry. In order to increase its gas sales in China, in 2009 CR Gas agreed to buy a 25% stake in a Chongqing-based gas distributor for $170 million.
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Read More and its interest in CSMC Technologies, a China-based silicon foundry. In order to increase its gas sales in China, in 2009 CR Gas agreed to buy a 25% stake in a Chongqing-based gas distributor for $170 million.
Read Less
PING YANG
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Natural Gas Distribution
,
Business Support Services
,
Utilities
,
Natural gas distribution
,
Investment holding companies, except banks
See All Industries Business services, nec
See Fewer Industries
See All Industries Business services, nec
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$13.20 billion
Actual
1.39%
-21.74%
$132,482
DEC
?
?
Hong Kong:01193
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Financial Statements
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Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$13.20 billion
USD
Actual
1 USD = 7.7808 HKD
All financial statement data is in millions except per share data | Source: Morningstar
Cash Flow (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Net Operating Cash | $900 | $1,305 | $559 |
Net Investing Cash | -$286 | -$583 | -$1,587 |
Net Financing Cash | -$955 | -$252 | $979 |
Net Change in Cash | -$341 | $471 | -$49 |
Cash at Beginning of Period | $1,282 | $827 | $972 |
Cash at End of Period | $912 | $1,282 | $827 |
Capital Expenditure | -$558 | -$726 | -$825 |
Assets (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Assets | |||
Cash and Cash Equivalents | $968 | $1,282 | $827 |
Accounts Receivable | $1,262 | $1,470 | $2,190 |
Inventories | $180 | $192 | $168 |
Other Current Assets | $1,377 | $1,612 | $422 |
Asset Summary | |||
Total Current Assets | $3,787 | $4,557 | $3,608 |
Tangible Fixed Assets | $8,691 | $8,476 | $6,650 |
Intangible Assets | $619 | $646 | $343 |
Total Assets | $132,483 | $137,871 | $112,304 |
Liabilities (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Liabilities | |||
Accounts Payable | $1,540 | $1,855 | $1,321 |
Short-Term Debt | $1,833 | $629 | $989 |
Other Current Liabilities | $3,547 | $4,085 | $3,643 |
Liability Summary | |||
Total Current Liabilities | $6,919 | $6,569 | $5,953 |
Long-Term Debt | $1,124 | $2,292 | $1,288 |
Other Long-Term Liabilities | $238 | $175 | $81 |
Total Liabilities | $8,805 | $9,573 | $7,680 |
Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Equity | |||
Common Stock | $30 | $30 | $30 |
Retained Earnings | $4,915 | $4,535 | $3,934 |
Equity Summary | |||
Total Equity | $5,291 | $5,240 | $5,052 |
Shares Outstanding | 2,270,215,487 | 2,268,215,487 | 2,314,012,871 |