东吴证券指出，当前城燃盈利未达准许收益率，政策支持居民顺价背景下，城燃盈利恢复，服务与管理有望同步提升。22~24M3全国共有47%的地级及以上城市居民顺价，涨幅为0.21元/方，预计24年顺价持续落地。China Resources Gas (01193) rose more than 4%. As of press release, it rose 3.61% to HK$25.8, with a turnover of HK$51.4043 million.
The Zhitong Finance App learned that China Resources Gas (01193) rose by more than 4%. As of press release, it had risen 3.61% to HK$25.8, with a turnover of HK$51.4043 million.
According to the news, according to incomplete statistics, after the “Guiding Opinions on Establishing and Improving the Upstream and Downstream Price Linkage Mechanism for Natural Gas” was issued in 2023, more than 130 cities and counties have issued linkage mechanism documents or notices to push up gas prices for residents. In addition, the total revenue of Chongqing Gas, a subsidiary of China Resources Gas, in 2023 was about 10.204.5 billion yuan, up 16.8% year on year; net profit attributable to shareholders of listed companies was 498.5 million yuan, an increase of 24.75% year on year.
Dongwu Securities pointed out that at present, Urban Fuel's profit has not reached the permitted rate of return. In the context of policies supporting favorable prices for residents, urban fuel profits will recover, and services and management are expected to improve simultaneously. Between 22 and 24 M3, 47% of urban residents at prefectural level and above had a net price increase of 0.21 yuan/square meter. It is expected that the net price will continue to fall in 24 years.
