Chongqing Gas Grp Stock Net Income

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.
Last ReportedProjected for Next Year
Net Income Applicable To Common Shares462 M393.1 M
Net Income498.5 M405 M
Net Income From Continuing Ops516.5 M444.6 M
As of December 2, 2024, Net Income Applicable To Common Shares is expected to decline to about 393.1 M. In addition to that, Net Income is expected to decline to about 405 M.
  
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Chongqing Gas Grp Company Net Income Analysis

Chongqing Gas' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Chongqing Gas Net Income

    
  498.51 M  
Most of Chongqing Gas' fundamental indicators, such as Net Income, 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.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Chongqing Operating Income

Operating Income

372.43 Million

At present, Chongqing Gas' Operating Income is projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, Chongqing Gas Grp reported net income of 498.51 M. This is 135.68% higher than that of the Gas Utilities sector and significantly higher than that of the Utilities industry. The net income for all China stocks is 12.69% higher than that of the company.

Chongqing Net Income 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 Net Income 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 net income 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.

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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.