company background image
6882

Guangdong Huate GasSHSE:688268 Stock Report

Market Cap

CN¥10.7b

7D

-2.8%

1Y

26.5%

Updated

24 Sep, 2021

Data

Company Financials +
688268 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance4/6
Financial Health5/6
Dividends1/6

688268 Overview

Guangdong Huate Gas Co., Ltd engages in the production and supply of gas and gas equipment in China and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Guangdong Huate Gas
Historical stock prices
Current Share PriceCN¥89.08
52 Week HighCN¥55.14
52 Week LowCN¥102.99
Beta0
1 Month Change-8.32%
3 Month Change24.48%
1 Year Change26.50%
3 Year Changen/a
5 Year Changen/a
Change since IPO71.31%

Recent News & Updates

Shareholder Returns

688268CN ChemicalsCN Market
7D-2.8%-2.2%0.6%
1Y26.5%78.0%13.7%

Return vs Industry: 688268 underperformed the CN Chemicals industry which returned 78% over the past year.

Return vs Market: 688268 exceeded the CN Market which returned 13.7% over the past year.

Price Volatility

Is 688268's price volatile compared to industry and market?
688268 volatility
688268 Beta0
Industry Beta0.77
Market Beta1

Stable Share Price: 688268 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 688268's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
19991,005Zhuhong Fuhttps://www.huategas.com

Guangdong Huate Gas Co., Ltd engages in the production and supply of gas and gas equipment in China and internationally. The company offers industrial gases, such as mixed gas, liquid ammonia, acetylene, hydrogen, carbon dioxide, oxygen, nitrogen, and argon gas; specialty gases, including electron, high-purity, medical, lighting, organic, and rare gases; inorganic, organic, and specialty chemicals; photoresists; and consumer gases. It also provides gas equipment comprising LGC, vaporizers, and LNG emergency skids, as well as installation of equipment for the application of ultra-high pure and industrial gases.

Guangdong Huate Gas Fundamentals Summary

How do Guangdong Huate Gas's earnings and revenue compare to its market cap?
688268 fundamental statistics
Market CapCN¥10.69b
Earnings (TTM)CN¥129.51m
Revenue (TTM)CN¥1.22b

82.5x

P/E Ratio

8.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
688268 income statement (TTM)
RevenueCN¥1.22b
Cost of RevenueCN¥922.91m
Gross ProfitCN¥302.04m
ExpensesCN¥172.53m
EarningsCN¥129.51m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.08
Gross Margin24.66%
Net Profit Margin10.57%
Debt/Equity Ratio1.5%

How did 688268 perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

28%

Payout Ratio

Valuation

Is Guangdong Huate Gas undervalued compared to its fair value and its price relative to the market?

82.54x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 688268's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 688268's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 688268 is poor value based on its PE Ratio (82.5x) compared to the CN Chemicals industry average (35.5x).

PE vs Market: 688268 is poor value based on its PE Ratio (82.5x) compared to the CN market (35.1x).


Price to Earnings Growth Ratio

PEG Ratio: 688268 is poor value based on its PEG Ratio (3x)


Price to Book Ratio

PB vs Industry: 688268 is overvalued based on its PB Ratio (8.2x) compared to the CN Chemicals industry average (3.5x).


Future Growth

How is Guangdong Huate Gas forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

27.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 688268's forecast earnings growth (27.4% per year) is above the savings rate (3.3%).

Earnings vs Market: 688268's earnings (27.4% per year) are forecast to grow faster than the CN market (23% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 688268's revenue (20.7% per year) is forecast to grow faster than the CN market (18.1% per year).

High Growth Revenue: 688268's revenue (20.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 688268's Return on Equity is forecast to be low in 3 years time (12.9%).


Past Performance

How has Guangdong Huate Gas performed over the past 5 years?

21.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 688268 has a high level of non-cash earnings.

Growing Profit Margin: 688268's current net profit margins (10.6%) are higher than last year (8.6%).


Past Earnings Growth Analysis

Earnings Trend: 688268's earnings have grown significantly by 21.5% per year over the past 5 years.

Accelerating Growth: 688268's earnings growth over the past year (71.4%) exceeds its 5-year average (21.5% per year).

Earnings vs Industry: 688268 earnings growth over the past year (71.4%) exceeded the Chemicals industry 36.5%.


Return on Equity

High ROE: 688268's Return on Equity (9.9%) is considered low.


Financial Health

How is Guangdong Huate Gas's financial position?


Financial Position Analysis

Short Term Liabilities: 688268's short term assets (CN¥991.9M) exceed its short term liabilities (CN¥242.6M).

Long Term Liabilities: 688268's short term assets (CN¥991.9M) exceed its long term liabilities (CN¥30.5M).


Debt to Equity History and Analysis

Debt Level: 688268's debt to equity ratio (1.5%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 688268's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 688268's debt is well covered by operating cash flow (401.8%).

Interest Coverage: 688268 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Guangdong Huate Gas's current dividend yield, its reliability and sustainability?

0.34%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 688268's dividend (0.34%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.41%).

High Dividend: 688268's dividend (0.34%) is low compared to the top 25% of dividend payers in the CN market (1.76%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether 688268's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 688268's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (27.8%), 688268's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.3yrs

Average management tenure


CEO

Zhuhong Fu (48 yo)

6.25yrs

Tenure

Mr. Zhuhong Fu serves as General Manager, Core Technical Staff and Director at Guangdong Huate Gas Co., Ltd. Since June 2015.


Leadership Team

Experienced Management: 688268's management team is seasoned and experienced (6.3 years average tenure).


Board Members

Experienced Board: 688268's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Guangdong Huate Gas Co., Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Guangdong Huate Gas Co., Ltd
  • Ticker: 688268
  • Exchange: SHSE
  • Founded: 1999
  • Industry: Industrial Gases
  • Sector: Materials
  • Market Cap: CN¥10.690b
  • Shares outstanding: 120.00m
  • Website: https://www.huategas.com

Number of Employees


Location

  • Guangdong Huate Gas Co., Ltd
  • Jinfeng Road
  • Heshun
  • Foshan
  • Guangdong Province
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 15:43
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.