GF Securities maintains HKD 21.69 target for CR Gas stock

Published on 10/17/2026 at 18:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue reached HKD 53.38 billion. CR Gas stock costs HKD 16.69 on October 16, 2026, up 1.09 percent versus the prior close.

GF Securities maintains its view

On September 19, 2026, GF Securities maintained a Buy rating and HKD 21.69 target.
First-half 2026 revenue reached HKD 53.38 billion, up 5.20 percent year over year.
CR Gas stock was last at HKD 16.69 at 4:08 p.m. HKT on October 16, 2026, up 1.09 percent versus the October 15 prior close.
An interim dividend of HKD 0.30 per share is payable on November 2, 2026.

CR Gas, BMG2113B1081, Illustration mit AI erstellt.

On September 19, 2026, GF Securities maintained a Buy rating on China Resources Gas Group and a HKD 21.69 target, according to Markets Insider. That target stood 29.96 percent above the HKD 16.69 price. China Resources Gas stock was last at HKD 16.69 on HKEX on October 16, 2026 at 4:08 p.m. HKT, up 1.09 percent versus the October 15 prior close.

First-half revenue reached HKD 53.38 billion

In the first half of 2026, revenue reached HKD 53.38 billion, up 5.20 percent from HKD 50.72 billion a year earlier. Profit attributable to owners rose 1.00 percent to HKD 2.43 billion from HKD 2.40 billion, according to FilingReader.

Price position stays below HKD 23.38

The October 16 session ranged from HKD 16.57 to HKD 16.97, with 2,146,590 shares traded against an average volume of 3,270,861. The last price sat 28.61 percent below the HKD 23.38 52-week high and 14.87 percent above the HKD 14.53 low. The range places the stock closer to its yearly low than its yearly high.

Valuation and November dividend date

Market capitalization stood at HKD 37.6 billion on October 16, 2026. The price-to-earnings ratio was 10.70 and the trailing dividend yield was 6.00 percent. The interim dividend of HKD 0.30 per share is payable on November 2, 2026, as reported by FilingReader.

Comparison with peers

CR Gas: plus 1.09 percent, 10.70 times earnings, HKD 37.6 billion.

The Hong Kong and China Gas Company Limited (HKEX, HKD): plus 0.21 percent, 21.22 times earnings, HKD 134.6 billion.

ENN Energy Holdings Limited (HKEX, HKD): plus 1.23 percent, 7.73 times earnings, HKD 55.8 billion.

What the valuation shows

China Resources Gas combined modest first-half profit growth with a 10.70 times earnings valuation. Its 6.00 percent dividend yield is higher than the 5.64 percent figure reported in a recent market profile, while the HKD 21.69 target from GF Securities provides a dated valuation reference.

China Resources Gas stock was last at HKD 16.69 on HKEX on October 16, 2026 at 4:08 p.m. HKT, up 1.09 percent versus the October 15 prior close. The latest price was 28.61 percent below the 52-week high of HKD 23.38.