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Market Cap

HK$483.5m

Last Updated

2021/05/13 10:12 UTC

Data Sources

Company Financials +

Executive Summary

Hilong Holding Limited, an investment holding company, provides oil field equipment and services worldwide. More Details


Snowflake Analysis

Moderate growth potential and overvalued.

Share Price & News

How has Hilong Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1623 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 1623's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

-5.0%

1623

8.2%

HK Energy Services

-1.1%

HK Market


1 Year Return

-17.4%

1623

30.5%

HK Energy Services

24.0%

HK Market

Return vs Industry: 1623 underperformed the Hong Kong Energy Services industry which returned 30.5% over the past year.

Return vs Market: 1623 underperformed the Hong Kong Market which returned 24% over the past year.


Shareholder returns

1623IndustryMarket
7 Day-5.0%8.2%-1.1%
30 Day7.5%5.8%-0.4%
90 Day-10.9%-4.9%-6.8%
1 Year-17.4%-17.4%32.6%30.5%28.8%24.0%
3 Year-79.9%-80.3%-22.2%-24.3%1.7%-9.1%
5 Year-65.5%-67.2%-13.2%-15.6%59.5%32.5%

Long-Term Price Volatility Vs. Market

How volatile is Hilong Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Hilong Holding undervalued compared to its fair value and its price relative to the market?

0.13x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 1623's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 1623's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1623 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Energy Services industry average.

PE vs Market: 1623 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1623's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1623 is good value based on its PB Ratio (0.1x) compared to the HK Energy Services industry average (0.6x).


Future Growth

How is Hilong Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

110.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1623 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).

Earnings vs Market: 1623 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 1623's is expected to become profitable in the next 3 years.

Revenue vs Market: 1623's revenue (8.8% per year) is forecast to grow slower than the Hong Kong market (12.4% per year).

High Growth Revenue: 1623's revenue (8.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1623's Return on Equity is forecast to be low in 3 years time (3.7%).


Past Performance

How has Hilong Holding performed over the past 5 years?

-26.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1623 is currently unprofitable.

Growing Profit Margin: 1623 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1623 is unprofitable, and losses have increased over the past 5 years at a rate of 26% per year.

Accelerating Growth: Unable to compare 1623's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1623 is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-4.3%).


Return on Equity

High ROE: 1623 has a negative Return on Equity (-9.58%), as it is currently unprofitable.


Financial Health

How is Hilong Holding's financial position?


Financial Position Analysis

Short Term Liabilities: 1623's short term assets (CN¥4.1B) do not cover its short term liabilities (CN¥4.1B).

Long Term Liabilities: 1623's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥127.6M).


Debt to Equity History and Analysis

Debt Level: 1623's debt to equity ratio (100.2%) is considered high.

Reducing Debt: 1623's debt to equity ratio has increased from 82.2% to 100.2% over the past 5 years.

Debt Coverage: 1623's debt is not well covered by operating cash flow (0.7%).

Interest Coverage: 1623 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Dividend

What is Hilong Holding current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1623's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1623'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 1623's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1623's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1623 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1623'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?

3.8yrs

Average management tenure


CEO

Tao Wang (56 yo)

3.42yrs

Tenure

CN¥1,711,000

Compensation

Mr. Wang Tao has been Vice General Manager of Hilong Group since 2006. Mr. Wang has over 22 years of management experience in the petroleum industry. Mr. Wang worked for Henan Petroleum Exploration Bureau ...


CEO Compensation Analysis

Compensation vs Market: Tao's total compensation ($USD265.02K) is about average for companies of similar size in the Hong Kong market ($USD229.89K).

Compensation vs Earnings: Tao's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: 1623's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: 1623's board of directors are considered experienced (8.1 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

Hilong Holding Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hilong Holding Limited
  • Ticker: 1623
  • Exchange: SEHK
  • Founded: 2002
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: HK$483.485m
  • Shares outstanding: 1.70b
  • Website: https://www.hilonggroup.com

Number of Employees


Location

  • Hilong Holding Limited
  • No. 1825, Luodong Road
  • Baoshan Industrial Zone
  • Shanghai
  • 200949
  • China

Listings


Biography

Hilong Holding Limited, an investment holding company, provides oil field equipment and services worldwide. The company operates through Oilfield Equipment Manufacturing and Services, Line Pipe Technology ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/13 10:12
End of Day Share Price2021/05/13 00:00
Earnings2020/12/31
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.