SEHK:651

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China Ocean Industry Group

Executive Summary

China Ocean Industry Group Limited, an investment holding company, engages in shipbuilding business in the People’s Republic of China, Germany, Hong Kong, and Northern Europe.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has China Ocean Industry Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 651's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

651

-1.4%

HK Machinery

0.7%

HK Market


1 Year Return

-87.6%

651

36.3%

HK Machinery

0.4%

HK Market

Return vs Industry: 651 underperformed the Hong Kong Machinery industry which returned 36.3% over the past year.

Return vs Market: 651 underperformed the Hong Kong Market which returned 0.4% over the past year.


Shareholder returns

651IndustryMarket
7 Day0%-1.4%0.7%
30 Day-7.3%9.7%-1.0%
90 Day12.7%32.7%9.6%
1 Year-87.6%-87.6%40.0%36.3%4.5%0.4%
3 Year-97.1%-97.1%58.6%46.6%0.2%-10.6%
5 Year-99.1%-99.1%76.5%61.6%9.9%-8.5%

Price Volatility Vs. Market

How volatile is China Ocean Industry Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is China Ocean Industry Group undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether China Ocean Industry Group is trading at an attractive price based on the cash flow it is expected to produce in the future. But as China Ocean Industry Group has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of 651's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through China Ocean Industry Group regulatory filings.
  • Explore potentially undervalued companies in the Capital Goods industry.

Future Growth

How is China Ocean Industry Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.0%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as China Ocean Industry Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

  • Take a look at our analysis of 651’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • China Ocean Industry Group competitive advantages and company strategy can generally be found in its financial reports archived here.
  • Explore growth companies in the Capital Goods industry.

Past Performance

How has China Ocean Industry Group performed over the past 5 years?

-21.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 651 is currently unprofitable.

Growing Profit Margin: 651 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 651 is unprofitable, and losses have increased over the past 5 years at a rate of 21.2% per year.

Accelerating Growth: Unable to compare 651's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 651 is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-8.7%).


Return on Equity

High ROE: 651's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is China Ocean Industry Group's financial position?


Financial Position Analysis

Short Term Liabilities: 651 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 651 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 651 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 651's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if 651 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 651 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is China Ocean Industry Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 651's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 651's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 651's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 651's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 651's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

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

2.5yrs

Average management tenure


CEO

Shi Hong Zhang (51 yo)

4.92yrs

Tenure

HK$1,200,000

Compensation

Mr. Shi Hong Zhang serves as the Chief Executive Officer of China Ocean Industry Group Limited since September 22, 2015. Mr. Zhang serves as General Manager of Sirius China at Sirius Machinery AB. Mr. Zhan ...


CEO Compensation Analysis

Compensation vs Market: Shi Hong's total compensation ($USD0.00) is below average for companies of similar size in the Hong Kong market ($USD232.25K).

Compensation vs Earnings: Shi Hong's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Ming Li
Chairman5.17yrsHK$1.45m13.13%
HK$ 4.0m
Shi Hong Zhang
CEO & Executive Director4.92yrsHK$1.20m0.071%
HK$ 21.8k
Chuanjun Zhang
Executive Director0.083yrno datano data
Yiu On Tong
Company Secretary2.5yrsno datano data

2.5yrs

Average Tenure

52.5yo

Average Age

Experienced Management: 651's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ming Li
Chairman5.17yrsHK$1.45m13.13%
HK$ 4.0m
Shi Hong Zhang
CEO & Executive Director4.92yrsHK$1.20m0.071%
HK$ 21.8k
Chuanjun Zhang
Executive Director0.083yrno datano data
Bai He Hu
Independent & Non-Executive Director12.25yrsHK$100.00kno data
Siying Xiang
Independent Non-Executive Director12.25yrsHK$100.00kno data
Ying Xiang
Independent Non-Executive Director11yrsHK$100.00kno data

11.6yrs

Average Tenure

57yo

Average Age

Experienced Board: 651's board of directors are seasoned and experienced ( 11.6 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

China Ocean Industry Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Ocean Industry Group Limited
  • Ticker: 651
  • Exchange: SEHK
  • Founded:
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: HK$30.683m
  • Shares outstanding: 340.92m

Number of Employees


Location

  • China Ocean Industry Group Limited
  • Unit D
  • 16th Floor
  • Kwun Tong
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
651SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJul 1998
WNZ7MUN (Boerse Muenchen)YesOrdinary SharesDEEURJul 1998

Biography

China Ocean Industry Group Limited, an investment holding company, engages in shipbuilding business in the People’s Republic of China, Germany, Hong Kong, and Northern Europe. It operates through Shipbuild ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/03 13:07
End of Day Share Price2020/08/03 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.