Stock Analysis

Shengli Oil & Gas Pipe Holdings Full Year 2023 Earnings: CN¥0.025 loss per share (vs CN¥0.009 loss in FY 2022)

SEHK:1080
Source: Shutterstock

Shengli Oil & Gas Pipe Holdings (HKG:1080) Full Year 2023 Results

Key Financial Results

  • Revenue: CN¥591.9m (down 44% from FY 2022).
  • Net loss: CN¥98.4m (loss widened by 198% from FY 2022).
  • CN¥0.025 loss per share (further deteriorated from CN¥0.009 loss in FY 2022).
earnings-and-revenue-history
SEHK:1080 Earnings and Revenue History April 16th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Shengli Oil & Gas Pipe Holdings shares are down 5.3% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Shengli Oil & Gas Pipe Holdings (1 is a bit concerning!) that you should be aware of.

Valuation is complex, but we're helping make it simple.

Find out whether Shengli Oil & Gas Pipe Holdings is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Simply Wall St

Simply Wall St

About SEHK:1080

Shengli Oil & Gas Pipe Holdings

Shengli Oil & Gas Pipe Holdings Limited, an investment holding company, engages in the design, process, manufacture, and sale of welded pipes for oil and gas pipeline, and other construction and manufacturing applications in Mainland China and Hong Kong.

Excellent balance sheet and slightly overvalued.