Executive Summary
Hilong Holding Limited, an investment holding company, provides oil field equipment and services worldwide. More Details
Rewards
Risk Analysis
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
| 1623 | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.0% | 8.2% | -1.1% |
| 30 Day | 7.5% | 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
3 weeks ago | Simply Wall St
Auditors Have Doubts About Hilong Holding (HKG:1623)1 month ago | Simply Wall St
The Hilong Holding Limited (HKG:1623) Analyst Just Cut Their Revenue Forecast By 10%1 month ago | Simply Wall St
Know This Before Buying Hilong Holding Limited (HKG:1623) For Its DividendValuation
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/13 10:12 |
| End of Day Share Price | 2021/05/13 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.