TacticScaleWhat China Resources Gas Does & How It Makes Money (1193.HK)
Updated October 2026 · reflects China Resources Gas's latest reported financials
Hong Kong-listed city gas distributor supplying natural gas across China. Most of its revenue comes from selling and distributing gas to residential, commercial and industrial customers.
How China Resources Gas makes money
Most of its revenue comes from selling and distributing gas to residential, commercial and industrial customers. It also earns fees for connecting customers to its pipeline network, for design and construction services, from fuel sales at filling stations and from selling gas appliances.
What China Resources Gas does
China Resources Gas Group is a Hong Kong-based investment holding company that distributes natural gas and liquefied petroleum gas to residential, commercial and industrial users. Its core business is selling and distributing gas fuel. Alongside this, it builds pipeline networks under gas connection contracts, provides design, construction, consultancy and management services for connection projects, sells gas appliances, and operates natural gas filling stations. The company was incorporated in 1994, is based in Wan Chai, Hong Kong, and is a subsidiary of CRH (Gas) Limited. As a regulated gas utility, it earns recurring revenue from gas sales plus fees for connecting new customers to its network.
Products & services
- Piped natural gas distribution
- Liquefied petroleum gas (LPG) sales
- Gas pipeline connection services
- Natural gas filling stations
- Gas appliances and related products
- Gas project design, construction and consultancy
What is China Resources Gas worth?
A reliable owner-earnings fair value isn't available for this company yet — we'd rather say so than print a number we don't trust.
We show a fair value only when the method is trustworthy. See China Resources Gas on TacticScale →