Chongqing Gas Grp Stock Fundamentals

600917 Stock   6.32  0.09  1.40%   
Chongqing Gas Grp fundamentals help investors to digest information that contributes to Chongqing Gas' financial success or failures. It also enables traders to predict the movement of Chongqing Stock. The fundamental analysis module provides a way to measure Chongqing Gas' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Chongqing Gas stock.
At present, Chongqing Gas' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 76.3 M, whereas Selling General Administrative is forecasted to decline to about 291.6 M.
  
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Chongqing Gas Grp Company Current Valuation Analysis

Chongqing Gas' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

 = 

Market Cap + Debt

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Cash

More About Current Valuation | All Equity Analysis

Current Chongqing Gas Current Valuation

    
  9.85 B  
Most of Chongqing Gas' fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Chongqing Gas Grp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, Chongqing Gas Grp has a Current Valuation of 9.85 B. This is 6.57% lower than that of the Gas Utilities sector and significantly higher than that of the Utilities industry. The current valuation for all China stocks is 40.77% higher than that of the company.

Chongqing Gas Grp Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Chongqing Gas's current stock value. Our valuation model uses many indicators to compare Chongqing Gas value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Chongqing Gas competition to find correlations between indicators driving Chongqing Gas's intrinsic value. More Info.
Chongqing Gas Grp is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.31  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Chongqing Gas Grp is roughly  3.23 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Chongqing Gas by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Chongqing Gas' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Chongqing Current Valuation Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Chongqing Gas' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Chongqing Gas could also be used in its relative valuation, which is a method of valuing Chongqing Gas by comparing valuation metrics of similar companies.
Chongqing Gas is currently under evaluation in current valuation category among its peers.

Chongqing Fundamentals

About Chongqing Gas Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Chongqing Gas Grp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chongqing Gas using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chongqing Gas Grp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Revenue10.2 B7.2 B
Cost Of Revenue9.3 B6.3 B

Currently Active Assets on Macroaxis

Other Information on Investing in Chongqing Stock

Chongqing Gas financial ratios help investors to determine whether Chongqing Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Chongqing with respect to the benefits of owning Chongqing Gas security.