CR Gas stock gets a HKD 21.69 Buy target from Guangfa

Published on 10/07/2026 at 03:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CR Gas stock posted HKD 53.38 billion in first-half revenue on September 24, 2026. Profit rose 1.0 percent to HKD 2.43 billion, with a HKD 0.30 dividend payable November 2.

CR Gas, BMG2113B1081, Illustration mit AI erstellt.

CR Gas (ISIN BMG2113B1081) stock was last at HKD 16.33 on the Hong Kong Stock Exchange on October 6, 2026, up 0.31 percent from the previous close. The latest analyst action puts the regulated gas utility under a valuation test, with Guangfa Securities assigning a Buy rating and a HKD 21.69 price target on September 19, 2026.

Guangfa sets HKD 21.69 target

According to Futubull, Guangfa Securities maintained its Buy recommendation and assigned a fair value of HKD 21.69 on September 19, 2026. That target lies 32.9 percent above the HKD 16.33 market price, making the valuation gap the clearest market question for CR Gas stock.

A separate consensus published by The Globe and Mail was Moderate Buy with an average target of HKD 17.80 on September 1, 2026. The average target lies 9.0 percent above the October 6 price, a smaller gap than the Guangfa valuation.

H1 revenue rises 5.2 percent

FilingReader reported on September 24, 2026 that China Resources Gas generated HKD 53.38 billion in revenue during the first six months of 2026, up 5.2 percent from HKD 50.72 billion in the same period of 2025. Profit attributable to owners reached HKD 2.43 billion, up 1.0 percent from HKD 2.40 billion.

The operating mix provides the stronger growth signal. Integrated services revenue reached HKD 1.63 billion, up 12.8 percent, while integrated energy revenue rose 11.9 percent to HKD 1.05 billion in the first half, according to Futubull. Those businesses are expanding faster than the consolidated revenue base, while residential customer additions remain a pressure point at 651,000, down 21.7 percent year over year.

Dividend date approaches

The interim dividend is HKD 0.30 per share, unchanged from the prior year, and is payable on November 2, 2026, according to FilingReader. Operating cash flow after tax payments rose to HKD 3.45 billion from HKD 3.01 billion in the first half of 2025, giving the payout a stronger cash-flow backdrop.

The listing record identifies China Resources Gas Group Limited as ticker 1193 on the Hong Kong main board and assigns ISIN BMG2113B1081, according to 86hc.com. The company operates in regulated gas utilities, and the October 6 market price stood 30.1 percent above the 52-week low of HKD 14.53 and 30.1 percent below the 52-week high of HKD 23.38.

CR Gas stock stays below targets

CR Gas stock was last at HKD 16.33 on the Hong Kong Stock Exchange on October 6, 2026 at 4:08 p.m. HKT. Its market capitalization was HKD 36.8 billion, with 1,441,799 shares traded during the session.