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1251

SPT Energy Group SEHK:1251 Stock Report

Last Price

HK$0.26

Market Cap

HK$482.0m

7D

-3.7%

1Y

15.6%

Updated

08 Aug, 2022

Data

Company Financials +
1251 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance3/6
Financial Health3/6
Dividends0/6

1251 Stock Overview

SPT Energy Group Inc., an investment holding company, provides integrated oilfield services; and manufactures and sells oilfield services related products in the People's Republic of China, Kazakhstan, Turkmenistan, Canada, Singapore, Indonesia, the Middle East, and internationally.

SPT Energy Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SPT Energy Group
Historical stock prices
Current Share PriceHK$0.26
52 Week HighHK$0.45
52 Week LowHK$0.20
Beta1.29
1 Month Change-1.89%
3 Month Change-3.70%
1 Year Change15.56%
3 Year Change-62.32%
5 Year Change-48.00%
Change since IPO-79.20%

Recent News & Updates

Jun 07
SPT Energy Group (HKG:1251) Takes On Some Risk With Its Use Of Debt

SPT Energy Group (HKG:1251) Takes On Some Risk With Its Use Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

1251HK Energy ServicesHK Market
7D-3.7%-1.2%-0.7%
1Y15.6%6.7%-20.5%

Return vs Industry: 1251 exceeded the Hong Kong Energy Services industry which returned 6.7% over the past year.

Return vs Market: 1251 exceeded the Hong Kong Market which returned -20.5% over the past year.

Price Volatility

Is 1251's price volatile compared to industry and market?
1251 volatility
1251 Average Weekly Movement5.4%
Energy Services Industry Average Movement5.9%
Market Average Movement6.6%
10% most volatile stocks in HK Market12.9%
10% least volatile stocks in HK Market3.1%

Stable Share Price: 1251 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 1251's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19934,504Ethan Wuhttps://www.sptenergygroup.com

SPT Energy Group Inc., an investment holding company, provides integrated oilfield services; and manufactures and sells oilfield services related products in the People's Republic of China, Kazakhstan, Turkmenistan, Canada, Singapore, Indonesia, the Middle East, and internationally. It operates through three segments: Drilling, Well Completion, and Reservoir. The company offers drilling services, including drilling rig, workover rig, complex well workover and fishing, cementing and drilling fluid services, etc., as well as rotary geosteering, vertical drilling, horizontal drilling, side tracking, underbalanced drilling, and fine managed pressure drilling technology services.

SPT Energy Group Fundamentals Summary

How do SPT Energy Group's earnings and revenue compare to its market cap?
1251 fundamental statistics
Market CapCN¥415.17m
Earnings (TTM)CN¥8.80m
Revenue (TTM)CN¥1.59b

47.2x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1251 income statement (TTM)
RevenueCN¥1.59b
Cost of RevenueCN¥634.20m
Gross ProfitCN¥957.80m
Other ExpensesCN¥949.00m
EarningsCN¥8.80m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0047
Gross Margin60.16%
Net Profit Margin0.55%
Debt/Equity Ratio47.9%

How did 1251 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 1251 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1251?

Other financial metrics that can be useful for relative valuation.

1251 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.4x
Enterprise Value/EBITDA6.6x
PEG Ratio0.9x

Price to Earnings Ratio vs Peers

How does 1251's PE Ratio compare to its peers?

1251 PE Ratio vs Peers
The above table shows the PE ratio for 1251 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average37.8x
206 CMIC Ocean En-Tech Holding
10.7xn/aHK$771.9m
1960 TBK & Sons Holdings
102.7xn/aHK$440.0m
1623 Hilong Holding
22.1x32.9%HK$1.1b
3337 Anton Oilfield Services Group
15.6x37.9%HK$1.3b
1251 SPT Energy Group
47.2x53.8%HK$482.0m

Price-To-Earnings vs Peers: 1251 is expensive based on its Price-To-Earnings Ratio (47.2x) compared to the peer average (37.8x).


Price to Earnings Ratio vs Industry

How does 1251's PE Ratio compare vs other companies in the Asian Energy Services Industry?

Price-To-Earnings vs Industry: 1251 is expensive based on its Price-To-Earnings Ratio (47.2x) compared to the Hong Kong Energy Services industry average (43.6x)


Price to Earnings Ratio vs Fair Ratio

What is 1251's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1251 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio47.2x
Fair PE Ratio14.8x

Price-To-Earnings vs Fair Ratio: 1251 is expensive based on its Price-To-Earnings Ratio (47.2x) compared to the estimated Fair Price-To-Earnings Ratio (14.8x).


Share Price vs Fair Value

What is the Fair Price of 1251 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 1251's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 1251's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is SPT Energy Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


53.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1251's forecast earnings growth (53.8% per year) is above the savings rate (1.6%).

Earnings vs Market: 1251's earnings (53.8% per year) are forecast to grow faster than the Hong Kong market (16.8% per year).

High Growth Earnings: 1251's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 1251's revenue (10.1% per year) is forecast to grow faster than the Hong Kong market (10.1% per year).

High Growth Revenue: 1251's revenue (10.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1251's Return on Equity is forecast to be low in 3 years time (8.2%).


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Past Performance

How has SPT Energy Group performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


31.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 1251 has high quality earnings.

Growing Profit Margin: 1251 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 1251 has become profitable over the past 5 years, growing earnings by 31.2% per year.

Accelerating Growth: 1251 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 1251 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (-75%).


Return on Equity

High ROE: 1251's Return on Equity (0.3%) is considered low.


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Financial Health

How is SPT Energy Group's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 1251's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.3B).

Long Term Liabilities: 1251's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥286.9M).


Debt to Equity History and Analysis

Debt Level: 1251's net debt to equity ratio (12.2%) is considered satisfactory.

Reducing Debt: 1251's debt to equity ratio has increased from 34.9% to 47.9% over the past 5 years.

Debt Coverage: 1251's debt is not well covered by operating cash flow (2.2%).

Interest Coverage: 1251's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


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Dividend

What is SPT Energy Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1251's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1251'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 1251's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1251's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: 1251 is not paying a notable dividend for the Hong Kong market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 1251 has not reported any payouts.


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Management

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

4.3yrs

Average management tenure


CEO

Ethan Wu (50 yo)

4.25yrs

Tenure

CN¥1,895,000

Compensation

Mr. Ethan Wu serves as the Chief Executive Officer of SPT Energy Group Inc. since May 11, 2018 and as its Executive Director since June 2008. He served as Deputy General Manager of SPT Energy Group Inc. si...


CEO Compensation Analysis

Compensation vs Market: Ethan's total compensation ($USD280.25K) is about average for companies of similar size in the Hong Kong market ($USD245.10K).

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


Leadership Team

Experienced Management: 1251's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: 1251's board of directors are seasoned and experienced ( 10.7 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

SPT Energy Group Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: SPT Energy Group Inc.
  • Ticker: 1251
  • Exchange: SEHK
  • Founded: 1993
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Implied Market Cap: HK$481.982m
  • Shares outstanding: 1.85b
  • Website: https://www.sptenergygroup.com

Number of Employees


Location

  • SPT Energy Group Inc.
  • Hongmao Business Building
  • 5th Floor
  • Beijing
  • 100012
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/08 00:00
End of Day Share Price2022/08/08 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.