Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited

SEHK:1938 Stock Report

Market Cap: HK$182.0m

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Past Earnings Performance

Past criteria checks 1/6

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings has been growing earnings at an average annual rate of 21.5%, while the Energy Services industry saw earnings growing at 15% annually. Revenues have been growing at an average rate of 19.4% per year. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's return on equity is 13%, and it has net margins of 5%.

Key information

21.5%

Earnings growth rate

21.5%

EPS growth rate

Energy Services Industry Growth4.2%
Revenue growth rate19.4%
Return on equity13.0%
Net Margin5.0%
Last Earnings Update30 Jun 2024

Recent past performance updates

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' (HKG:1938) Solid Earnings May Rest On Weak Foundations

May 06
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' (HKG:1938) Solid Earnings May Rest On Weak Foundations

Recent updates

Returns Are Gaining Momentum At Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKG:1938)

Nov 12
Returns Are Gaining Momentum At Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKG:1938)

We Discuss Why Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited's (HKG:1938) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year

Jun 14
We Discuss Why Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited's (HKG:1938) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' (HKG:1938) Solid Earnings May Rest On Weak Foundations

May 06
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' (HKG:1938) Solid Earnings May Rest On Weak Foundations

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKG:1938) Has No Shortage Of Debt

Dec 21
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKG:1938) Has No Shortage Of Debt

There's Been No Shortage Of Growth Recently For Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' (HKG:1938) Returns On Capital

Oct 19
There's Been No Shortage Of Growth Recently For Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' (HKG:1938) Returns On Capital

These 4 Measures Indicate That Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKG:1938) Is Using Debt In A Risky Way

Sep 11
These 4 Measures Indicate That Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKG:1938) Is Using Debt In A Risky Way

Investors Will Want Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' (HKG:1938) Growth In ROCE To Persist

Jun 13
Investors Will Want Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' (HKG:1938) Growth In ROCE To Persist

Returns On Capital Are Showing Encouraging Signs At Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKG:1938)

Feb 20
Returns On Capital Are Showing Encouraging Signs At Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKG:1938)

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' (HKG:1938) Returns On Capital Are Heading Higher

Oct 04
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' (HKG:1938) Returns On Capital Are Heading Higher

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' (HKG:1938) Shareholders May Want To Dig Deeper Than Statutory Profit

Apr 06
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' (HKG:1938) Shareholders May Want To Dig Deeper Than Statutory Profit

If You Had Bought Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKG:1938) Stock A Year Ago, You Could Pocket A 153% Gain Today

Mar 17
If You Had Bought Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKG:1938) Stock A Year Ago, You Could Pocket A 153% Gain Today

How Much Did Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' (HKG:1938) CEO Pocket Last Year?

Dec 02
How Much Did Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' (HKG:1938) CEO Pocket Last Year?

Revenue & Expenses Breakdown

How Chu Kong Petroleum and Natural Gas Steel Pipe Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SEHK:1938 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 243,0941553130
31 Mar 242,8731703240
31 Dec 232,6511843360
30 Sep 232,5101763190
30 Jun 232,3701683030
31 Mar 232,3661653020
31 Dec 222,3621633010
30 Sep 222,2491322980
30 Jun 222,1361012960
31 Mar 221,97533060
31 Dec 211,813-943170
30 Sep 211,7263553310
30 Jun 211,6388053460
31 Mar 211,3907143340
31 Dec 201,1426233220
30 Sep 201,1062363310
30 Jun 201,070-1503390
31 Mar 201,132-1443650
31 Dec 191,194-1393920
30 Sep 191,446-2694130
30 Jun 191,698-3984350
31 Mar 191,690-4494680
31 Dec 181,682-4995010
30 Sep 181,306-6615330
30 Jun 18931-8245660
31 Mar 18902-8485740
31 Dec 17873-8725830
30 Sep 17973-1,2386050
30 Jun 171,073-1,6046270
31 Mar 171,258-1,5506210
31 Dec 161,443-1,4966150
30 Sep 161,821-7625930
30 Jun 162,199-295700
31 Mar 162,369-55910
31 Dec 152,539196120
30 Sep 152,432-3096450
30 Jun 152,324-6366780
31 Mar 152,502-4986350
31 Dec 142,679-3595930
30 Sep 142,495-1595480
30 Jun 142,311415030
31 Mar 142,169414860
31 Dec 132,027414690

Quality Earnings: 1938 has a large one-off loss of CN¥7.1M impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: 1938's current net profit margins (5%) are lower than last year (7.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 1938 has become profitable over the past 5 years, growing earnings by 21.5% per year.

Accelerating Growth: 1938's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1938 had negative earnings growth (-7.5%) over the past year, making it difficult to compare to the Energy Services industry average (-3.3%).


Return on Equity

High ROE: 1938's Return on Equity (13%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 17:01
End of Day Share Price 2024/12/23 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited is covered by 17 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jovi LiBOCOM International Securities Limited
Bin GuanChina International Capital Corporation Limited
Hanzhi DingCitigroup Inc