SEHK:8009

Stock Analysis Report

Chinese Energy Holdings

Executive Summary

Chinese Energy Holdings Limited, an investment holding company, engages in the trading business in the People’s Republic of China.

Snowflake

Fundamentals

Fair value with mediocre balance sheet.

Risks

  • Chinese Energy Holdings has significant price volatility in the past 3 months.
  • Chinese Energy Holdings is not covered by any analysts.

Share Price & News

How has Chinese Energy Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-5.2%

SEHK:8009

1.1%

HK Trade Distributors

-0.7%

HK Market


1 Year Return

-65.5%

SEHK:8009

0.3%

HK Trade Distributors

-5.7%

HK Market

8009 underperformed the Trade Distributors industry which returned 0.3% over the past year.

8009 underperformed the Market in Hong Kong which returned -5.7% over the past year.


Share holder returns

8009IndustryMarket
7 Day-5.2%1.1%-0.7%
30 Day-7.1%-0.4%-0.9%
90 Day-24.2%-6.7%-8.1%
1 Year-65.5%-65.5%5.1%0.3%-2.4%-5.7%
3 Year-93.3%-93.3%-14.5%-24.6%29.2%16.3%
5 Year-97.4%-97.4%-44.7%-54.3%19.8%-0.3%

Price Volatility Vs. Market

How volatile is Chinese Energy Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Chinese Energy Holdings undervalued based on future cash flows and its price relative to the stock market?

4.74x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Chinese Energy Holdings to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Chinese Energy Holdings to establish if it is available at substantial discount.


Price Based on Earnings

Chinese Energy Holdings is good value based on earnings compared to the HK Trade Distributors industry average.

Chinese Energy Holdings is good value based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Chinese Energy Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

Chinese Energy Holdings is good value based on assets compared to the HK Trade Distributors industry average.


Next Steps

Future Growth

How is Chinese Energy Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.4%

Forecasted Trade Distributors 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 Chinese Energy Holdings 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

Past Performance

How has Chinese Energy Holdings performed over the past 5 years?

24.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Chinese Energy Holdings has delivered over 20% year on year earnings growth in the past 5 years.

Chinese Energy Holdings has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

Chinese Energy Holdings has become profitable in the last year making it difficult to compare the HK Trade Distributors industry average.


Return on Equity

Chinese Energy Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Chinese Energy Holdings used its assets less efficiently than the HK Trade Distributors industry average last year based on Return on Assets.


Return on Capital Employed

Chinese Energy Holdings has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is Chinese Energy Holdings's financial position?


Financial Position Analysis

Chinese Energy Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Chinese Energy Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Chinese Energy Holdings's level of debt (1.8%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (0% vs 1.8% today).

Operating cash flow is negative therefore debt is not well covered.

Interest payments on debt are not well covered by earnings (EBIT is 0.8x annual interest expense, ideally 3x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 52.5x debt.


Next Steps

Dividend

What is Chinese Energy Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Chinese Energy Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Chinese Energy Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Chinese Energy Holdings has not reported any payouts.

Unable to verify if Chinese Energy Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Chinese Energy Holdings has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Chinese Energy Holdings's salary, the management and board of directors tenure and is there insider trading?

3.2yrs

Average management tenure


CEO

Haining Chen (55yo)

3.2yrs

Tenure

HK$960,000

Compensation

Mr. Haining Chen serves as the General Manager and Executive Director of ShenZhen Dingyi Investment Company Limited. Mr. Chen served as the Chairman and Chief Executive Officer of TeleEye Holdings Ltd sinc ...


CEO Compensation Analysis

Haining's remuneration is lower than average for companies of similar size in Hong Kong.

Haining's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.2yrs

Average Tenure

53yo

Average Age

The tenure for the Chinese Energy Holdings management team is about average.


Board Age and Tenure

2.5yrs

Average Tenure

50yo

Average Age

The average tenure for the Chinese Energy Holdings board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month individual insider trading information.


Recent Insider Transactions

BuyHK$778,60315 Feb 19
Haining Chen
EntityIndividual
Role
Chairman
Chairman of the Board
Shares916,000
Max PriceHK$0.85

Ownership Breakdown


Management Team

  • Lena Foo (53yo)

    Co-Founder

    • Compensation: HK$930.00k
  • Wai Yip Choi

    Company Secretary & Qualified Accountant

    • Tenure: 3.1yrs
  • Chuanrong Luo (56yo)

    Chief Geologist

    • Tenure: 6.4yrs
  • Hongying Wu (52yo)

    Executive Director

    • Compensation: HK$240.00k
  • Haining Chen (55yo)

    Chairman

    • Tenure: 3.2yrs
    • Compensation: HK$960.00k
  • Jiangxia Tong (45yo)

    Executive Director

    • Compensation: HK$602.22k

Board Members

  • Chi Shing Luk (50yo)

    Independent Non-Executive Director

    • Tenure: 1.4yrs
    • Compensation: HK$144.00k
  • Liang Chen (50yo)

    Independent Non-Executive Director

    • Tenure: 3.9yrs
    • Compensation: HK$144.00k
  • Hongying Wu (52yo)

    Executive Director

    • Tenure: 4.4yrs
    • Compensation: HK$240.00k
  • Haining Chen (55yo)

    Chairman

    • Tenure: 3.2yrs
    • Compensation: HK$960.00k
  • Jiangxia Tong (45yo)

    Executive Director

    • Tenure: 0.6yrs
    • Compensation: HK$602.22k
  • Fu Hang Leung (45yo)

    Independent Non-Executive Director

    • Tenure: 1.9yrs
    • Compensation: HK$144.00k

Company Information

Chinese Energy Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Chinese Energy Holdings Limited
  • Ticker: 8009
  • Exchange: SEHK
  • Founded:
  • Industry: trading companies and distributors
  • Sector: capital goods
  • Market Cap: HK$27.094m
  • Shares outstanding: 58.90m
  • Website: Click here

Number of Employees


Location

  • Chinese Energy Holdings Limited
  • West Tower
  • 35th Floor, Unit 3517
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8009SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMar 2000
8009SEHK (The Stock Exchange of Hong Kong Ltd.)NPV (AFTER SPLIT)HKHKDInvalid date

Biography

Chinese Energy Holdings Limited, an investment holding company, engages in the trading business in the People’s Republic of China. The company is involved in the general trading activities, including marke ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/23 12:43
End of Day Share Price2019/07/23 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.