CMIC Ocean En-Tech Holding
CMIC Ocean En-Tech Holding Co., Ltd., an investment holding company, engages in the design, manufacture, installation, and commissioning of capital equipment and packages on land and offshore rigs, and oilfield expendables and supplies worldwide. The last earnings update was 61 days ago. More info.
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- CMIC Ocean En-Tech Holding has significant price volatility in the past 3 months.
206 Share Price and Events
7 Day Returns
1 Year Returns
206 Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| CMIC Ocean En-Tech Holding (206) | -4.5% | -14.9% | -31.5% | -51.5% | -72.1% | -91.4% |
| HK Energy Services | -0.3% | -3.1% | -5% | -16% | -14% | -69.2% |
| HK Market | 0.5% | -2.7% | -9.9% | -15.9% | 20.6% | 3% |
1 Year Return vs Industry and Market
- 206 underperformed the Energy Services industry which returned -16% over the past year.
- 206 underperformed the Market in Hong Kong which returned -15.9% over the past year.
206 Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
- It is not possible to calculate the future cash flow value for CMIC Ocean En-Tech Holding. This is due to cash flow or dividend data being unavailable. The share price is HK$0.315.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for CMIC Ocean En-Tech Holding's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
CMIC Ocean En-Tech Holding's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in USD | $-0.03 |
| SEHK:206 Share Price ** | SEHK (2019-06-14) in HKD | HK$0.32 |
| SEHK:206 Share Price converted to USD reporting currency | Exchange rate (HKD/ USD) 0.128 | $0.04 |
| Hong Kong Energy Services Industry PE Ratio | Median Figure of 10 Publicly-Listed Energy Services Companies | 32.26x |
| Hong Kong Market PE Ratio | Median Figure of 1,487 Publicly-Listed Companies | 10.68x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of CMIC Ocean En-Tech Holding.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = SEHK:206 Share Price ÷ EPS (both in USD) = 0.04 ÷ -0.03 |
-1.35x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- CMIC Ocean En-Tech Holding is loss making, we can't compare its value to the HK Energy Services industry average.
- CMIC Ocean En-Tech Holding is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does
CMIC Ocean En-Tech Holding's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -1.35x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
Not available |
| Hong Kong Energy Services Industry PEG Ratio | Median Figure of 6 Publicly-Listed Energy Services Companies | 0.56x |
| Hong Kong Market PEG Ratio | Median Figure of 466 Publicly-Listed Companies | 0.76x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for CMIC Ocean En-Tech Holding, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
CMIC Ocean En-Tech Holding's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in USD | $0.02 |
| SEHK:206 Share Price * | SEHK (2019-06-14) in HKD | HK$0.32 |
| SEHK:206 Share Price converted to USD reporting currency | Exchange rate (HKD/ USD) 0.128 | $0.04 |
| Hong Kong Energy Services Industry PB Ratio | Median Figure of 13 Publicly-Listed Energy Services Companies | 0.86x |
| Hong Kong Market PB Ratio | Median Figure of 2,169 Publicly-Listed Companies | 0.93x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = SEHK:206 Share Price ÷ Book Value per Share (both in USD) = 0.04 ÷ 0.02 |
2.07x |
* Primary Listing of CMIC Ocean En-Tech Holding.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- CMIC Ocean En-Tech Holding is overvalued based on assets compared to the HK Energy Services industry average.
Value checks
We assess CMIC Ocean En-Tech Holding's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check) CMIC Ocean En-Tech Holding has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
206 Future Performance
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 CMIC Ocean En-Tech Holding 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Unable to compare CMIC Ocean En-Tech Holding's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare CMIC Ocean En-Tech Holding's earnings growth to the Hong Kong market average as no estimate data is available.
- Unable to compare CMIC Ocean En-Tech Holding's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| Hong Kong Energy Services Industry Earnings Growth Rate | Market Cap Weighted Average | 34.3% |
| Hong Kong Energy Services Industry Revenue Growth Rate | Market Cap Weighted Average | 8.9% |
| Hong Kong Market Earnings Growth Rate | Market Cap Weighted Average | 11.2% |
| Hong Kong Market Revenue Growth Rate | Market Cap Weighted Average | 10.7% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (5 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 59 | -16 | -41 |
| 2018-09-30 | 60 | -12 | -64 |
| 2018-06-30 | 60 | -7 | -86 |
| 2018-03-31 | 68 | -4 | -84 |
| 2017-12-31 | 77 | 0 | -83 |
| 2017-09-30 | 95 | -5 | -100 |
| 2017-06-30 | 113 | -9 | -117 |
| 2017-03-31 | 128 | -12 | -114 |
| 2016-12-31 | 143 | -15 | -110 |
| 2016-09-30 | 147 | 4 | -58 |
| 2016-06-30 | 151 | 23 | -5 |
| 2016-03-31 | 173 | 20 | -1 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (5 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from CMIC Ocean En-Tech Holding Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-31 | -0.03 |
| 2018-09-30 | -0.05 |
| 2018-06-30 | -0.09 |
| 2018-03-31 | -0.10 |
| 2017-12-31 | -0.12 |
| 2017-09-30 | -0.14 |
| 2017-06-30 | -0.17 |
| 2017-03-31 | -0.16 |
| 2016-12-31 | -0.16 |
| 2016-09-30 | -0.08 |
| 2016-06-30 | -0.01 |
| 2016-03-31 | 0.00 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if CMIC Ocean En-Tech Holding will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess CMIC Ocean En-Tech Holding's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
CMIC Ocean En-Tech Holding has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
206 Past Performance
How has CMIC Ocean En-Tech Holding performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- CMIC Ocean En-Tech Holding does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
- Unable to compare CMIC Ocean En-Tech Holding's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare CMIC Ocean En-Tech Holding's 1-year growth to the HK Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
All data from CMIC Ocean En-Tech Holding Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 58.84 | -41.36 | 35.77 | |
| 2018-09-30 | 59.53 | -63.62 | 34.85 | |
| 2018-06-30 | 60.23 | -85.89 | 33.93 | |
| 2018-03-31 | 68.39 | -84.34 | 35.14 | |
| 2017-12-31 | 76.55 | -82.79 | 36.35 | |
| 2017-09-30 | 94.75 | -99.70 | 63.08 | |
| 2017-06-30 | 112.94 | -116.61 | 89.81 | |
| 2017-03-31 | 127.74 | -113.53 | 92.62 | |
| 2016-12-31 | 142.53 | -110.45 | 95.44 | |
| 2016-09-30 | 146.67 | -57.70 | 69.97 | |
| 2016-06-30 | 150.80 | -4.95 | 44.50 | |
| 2016-03-31 | 172.85 | -1.43 | 46.04 | |
| 2015-12-31 | 194.90 | 2.10 | 47.58 | |
| 2015-09-30 | 238.45 | 10.88 | 46.42 | |
| 2015-06-30 | 282.00 | 19.66 | 45.25 | |
| 2015-03-31 | 276.29 | 20.08 | 44.19 | |
| 2014-12-31 | 270.59 | 20.50 | 43.14 | |
| 2014-09-30 | 247.78 | 20.43 | 43.93 | |
| 2014-06-30 | 224.98 | 20.36 | 44.72 | |
| 2014-03-31 | 213.45 | 17.45 | 42.34 | |
| 2013-12-31 | 201.93 | 14.55 | 39.96 | |
| 2013-09-30 | 202.30 | 13.02 | 37.21 | |
| 2013-06-30 | 202.68 | 11.48 | 34.47 | |
| 2013-03-31 | 193.21 | 9.48 | 37.11 | |
| 2012-12-31 | 183.74 | 7.47 | 39.74 | |
| 2012-09-30 | 155.66 | 4.31 | 41.13 | |
| 2012-06-30 | 127.58 | 1.15 | 42.52 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- It is difficult to establish if CMIC Ocean En-Tech Holding has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if CMIC Ocean En-Tech Holding has efficiently used its assets last year compared to the HK Energy Services industry average (Return on Assets) as it is loss-making.
- It is difficult to establish if CMIC Ocean En-Tech Holding improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess CMIC Ocean En-Tech Holding's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
CMIC Ocean En-Tech Holding has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
206 Health
How is CMIC Ocean En-Tech Holding's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up CMIC Ocean En-Tech Holding's finances.
The net worth of a company is the difference between its assets and liabilities.
- CMIC Ocean En-Tech Holding's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- CMIC Ocean En-Tech Holding's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 13.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from CMIC Ocean En-Tech Holding Company Filings, last reported 5 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 28.40 | 17.45 | 19.81 |
| 2018-09-30 | 28.40 | 17.45 | 19.81 |
| 2018-06-30 | 55.34 | 21.96 | 34.52 |
| 2018-03-31 | 55.34 | 21.96 | 34.52 |
| 2017-12-31 | 13.67 | 61.92 | 15.29 |
| 2017-09-30 | 13.67 | 61.92 | 15.29 |
| 2017-06-30 | 93.35 | 57.86 | 12.11 |
| 2017-03-31 | 93.35 | 57.86 | 12.11 |
| 2016-12-31 | 96.07 | 49.32 | 9.95 |
| 2016-09-30 | 96.07 | 49.32 | 9.95 |
| 2016-06-30 | 220.06 | 62.05 | 27.48 |
| 2016-03-31 | 220.06 | 62.05 | 27.48 |
| 2015-12-31 | 219.00 | 66.91 | 46.51 |
| 2015-09-30 | 219.00 | 66.91 | 46.51 |
| 2015-06-30 | 233.79 | 71.61 | 31.03 |
| 2015-03-31 | 233.79 | 71.61 | 31.03 |
| 2014-12-31 | 225.17 | 65.20 | 52.34 |
| 2014-09-30 | 225.17 | 65.20 | 52.34 |
| 2014-06-30 | 215.34 | 35.10 | 24.66 |
| 2014-03-31 | 215.34 | 35.10 | 24.66 |
| 2013-12-31 | 204.24 | 36.87 | 37.91 |
| 2013-09-30 | 204.24 | 36.87 | 37.91 |
| 2013-06-30 | 190.67 | 43.35 | 24.55 |
| 2013-03-31 | 190.67 | 43.35 | 24.55 |
| 2012-12-31 | 185.10 | 32.15 | 30.99 |
| 2012-09-30 | 185.10 | 32.15 | 30.99 |
| 2012-06-30 | 176.51 | 17.42 | 27.19 |
- CMIC Ocean En-Tech Holding's level of debt (61.4%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (18% vs 61.4% today).
CASH RUNWAY ANALYSIS
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
- CMIC Ocean En-Tech Holding has less than a year of cash runway based on current free cash flow.
- CMIC Ocean En-Tech Holding has less than a year of cash runway if free cash flow continues to grow at historical rates of 31.4% each year.
Financial health checks
We assess CMIC Ocean En-Tech Holding's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) CMIC Ocean En-Tech Holding has a total score of 1/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
206 Dividends
What is CMIC Ocean En-Tech Holding's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
HK$2,000 of
CMIC Ocean En-Tech Holding
shares you are expected to receive
HK$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate CMIC Ocean En-Tech Holding's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate CMIC Ocean En-Tech Holding's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Hong Kong Energy Services Industry Average Dividend Yield | Market Cap Weighted Average of 6 Stocks | 1.1% |
| Hong Kong Market Average Dividend Yield | Market Cap Weighted Average of 966 Stocks | 3.7% |
| Hong Kong Minimum Threshold Dividend Yield | 10th Percentile | 1.2% |
| Hong Kong Bottom 25% Dividend Yield | 25th Percentile | 2.1% |
| Hong Kong Top 25% Dividend Yield | 75th Percentile | 6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as CMIC Ocean En-Tech Holding has not reported any payouts.
- Unable to verify if CMIC Ocean En-Tech Holding's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess CMIC Ocean En-Tech Holding's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can CMIC Ocean En-Tech Holding afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) CMIC Ocean En-Tech Holding has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
206 Management
CEO
| COMPENSATION | $0 |
| AGE | 43 |
| TENURE AS CEO | 1.3 years |
CEO Bio
Mr. Wang Hongyuan has been Executive Chairman and Chief Executive Officer at TSC Group Holdings Ltd, since February 9, 2018. Mr. Hongyuan has been the deputy general manager of China Merchants Industry Holdings Company Limited since December 2016. His major work experiences are as follows: successively worked as third officer, second officer, and practice officer for the vessel assigned to Panama from Shandong Shipping Group*from July 1997 to August 2001. He worked as senior project manager of the business development department (the former of gulf project group secretariat*) of China Merchants Group from June 2003 to July 2005. He served as senior project manager of the business management department of China Merchants Holdings (International) Company Limited from July 2005 to August 2008. He served as deputy general manager of China Merchants International Cold Chain Co, Ltd * and the business director of China Merchants Maritime & Logistics (Shenzhen) Ltd (Bonded Logistics)* from August 2008 to July 2009. He served as the general manager of China Merchants International Cold Chain Co, Ltd from July 2009 to October 2010. He served as executive vice president of China Merchants Meileng Logistics Holdings Limited* and general manager of China Merchants International Cold Chain Co, Ltd from October 2010 to October 2011. He served as the deputy general manager of the enterprise strategic operations management department of China Merchants Holdings (International) Company Limited from October 2011 to December 2012. He served as the deputy general manager of China Merchants Port Services (Shenzhen) Company Limited from January 2013 to December 2013. He served as the general manager assistant of China Merchants Food Supply Chain Management Co, Ltd * from January 2014 to January 2015. He served as the director assistant of the capital management department of China Merchants Group Limited from January 2015 to December 2016. He had been Supervisor of China International Marine Containers (Group) Co., Ltd. since September 26, 2017 until June 3, 2019. He started his career in July 1997 and obtained a master’s degree from the Transportation Management College of Dalian Maritime University as a full-time postgraduate student from August 2001 to June 2003. He graduated from the Institute of Navigation of Dalian Maritime University majoring in ocean vessel driving in July 1997.
CEO Compensation
- Insufficient data for Hongyuan to compare compensation growth.
- Hongyuan's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team Tenure
Average tenure and age of the CMIC Ocean En-Tech Holding management team in years:
- The average tenure for the CMIC Ocean En-Tech Holding management team is less than 2 years, this suggests a new team.
Management Team
Bing Jiang
Co-Founder & Co-Chairman
$314K
69
Hongyuan Wang
Executive Chairman & CEO
43
1.3 yrs
Guohui Yang
Chief Operating Officer
44
1.3 yrs
Morgan Zhang
Executive Director & Compliance Officer
$340K
59
9.9 yrs
Shaohua Xie
Chief Financial Officer
47
0.9 yrs
Yunqiang Chen
President of TSC OGS Group & MD of TSC Offshore China Limited
52
Michael Zhang
GM of MRO
51
Candy Cheung
Company Secretary
42
13 yrs
Indrestrand Ivar
Chief Executive Officer of OIM Pte Ltd
52
Ziqiang Wang
Chief Financial Officer of TSC OGS and Vice President of TSC OGS
54
Board of Directors Tenure
Average tenure and age of the CMIC Ocean En-Tech Holding board of directors in years:
- The average tenure for the CMIC Ocean En-Tech Holding board of directors is less than 3 years, this suggests a new board.
Board of Directors
Hongyuan Wang
Executive Chairman & CEO
43
1.3 yrs
Morgan Zhang
Executive Director & Compliance Officer
$340K
59
2 yrs
Kenny Chan
Independent Non-Executive Director
$22K
54
13.7 yrs
Bing Jiang
Co-Founder & Co-Chairman
$314K
69
1.3 yrs
Dongyang Lou
Non-Executive Director
42
1.2 yrs
Zhendong Zou
Independent Non-Executive Director
$10K
49
1.1 yrs
Jianzhong Wang
Non-Executive Director
$15K
44
2.9 yrs
Weidong Chen
Independent Non-Executive Director
$9K
63
1 yrs
Rui Fu
Non-Executive Director
36
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (HK$) | Value (HK$) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 12. Feb 19 | Buy | ENN Group Co., Ltd. | Company | 04. Feb 19 | 04. Feb 19 | 285,000,000 | HK$0.45 | HK$128,249,571 | ||
| 08. Feb 19 | Buy | China Merchants Capital Management Co., Ltd. | Company | 04. Feb 19 | 04. Feb 19 | 765,186,000 | HK$0.45 | HK$344,332,549 | ||
| 08. Feb 19 | Buy | China International Marine Containers (Group) Co., Ltd. | Company | 04. Feb 19 | 04. Feb 19 | 92,800,000 | HK$0.45 | HK$41,759,860 | ||
Management checks
We assess CMIC Ocean En-Tech Holding's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) CMIC Ocean En-Tech Holding has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
206 News
Simply Wall St News
Those Who Purchased CMIC Ocean En-Tech Holding (HKG:206) Shares Five Years Ago Have A 89% Loss To Show For It
CMIC Ocean En-Tech Holding isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … In the last five years CMIC Ocean En-Tech Holding saw its revenue shrink by 27% per year. … So it's not that strange that the share price dropped 36% per year in that period.
Simply Wall St - – Full articleIs CMIC Ocean En-Tech Holding Co., Ltd. (HKG:206) A Volatile Stock?
In finance, Beta is a measure of volatility. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.
Simply Wall St - – Full articleIs CMIC Ocean En-Tech Holding Co., Ltd. (HKG:206) A Financially Sound Company?
Investors are always looking for growth in small-cap stocks like CMIC Ocean En-Tech Holding Co., Ltd. … However, an important fact which most ignore is: how financially healthy is the business? … Companies operating in the Energy Services industry,
Simply Wall St - – Full articleWhat Kind Of Share Price Volatility Should You Expect For TSC Group Holdings Limited (HKG:206)?
Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful. … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.
Simply Wall St - – Full articleTSC Group Holdings Limited (HKG:206): Time For A Financial Health Check
While small-cap stocks, such as TSC Group Holdings Limited (HKG:206) with its market cap of HK$737m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Companies operating in the Energy Services industry,. … Evaluating financial health as part of your investment thesis is
Simply Wall St - – Full articleWho Are The Major Shareholders In TSC Group Holdings Limited (HKG:206)?
If you want to know who really controls TSC Group Holdings Limited (HKG:206), then you'll have to look at the makeup of its share registry. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … TSC Group Holdings is a smaller company with a market capitalization of HK$898.6m, so it may still be flying under the radar of many institutional investors.
Simply Wall St - – Full articleHow Does Investing In TSC Group Holdings Limited (HKG:206) Impact Your Portfolio?
If you are looking to invest in TSC Group Holdings Limited’s (HKG:206), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … The first risk to think about is company-specific, which can be diversified away by investing in other companies in order to lower your exposure to one particular stock. … The second risk is market-wide, which arises from investing in the stock market.
Simply Wall St - – Full articleWhat Investors Should Know About TSC Group Holdings Limited's (HKG:206) Financial Strength
How does 206’s operating cash flow stack up against its debt? … Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: At its current level of cash flow coverage, 206 has room for improvement to better cushion for events which may require debt repayment.
Simply Wall St - – Full article206 Company Info
Description
CMIC Ocean En-Tech Holding Co., Ltd., an investment holding company, engages in the design, manufacture, installation, and commissioning of capital equipment and packages on land and offshore rigs, and oilfield expendables and supplies worldwide. It operates in three segments: Capital Equipment and Packages; Oilfield Expendables and Supplies; and Engineering Services. The company offers offshore rig integrated solutions comprising jack-up rig, semi-submersible rig, drillship, modular platform rig, multi-service vessel, and liftboat solutions; and equipment for onshore and offshore rigs, including hoisting, drill floor, tubular and riser handling, tensioning and skidding, BOP and subsea handling, lifting, mooring, and winch equipment, as well as deck cranes, control and drive systems, and jacking systems. It also manufactures and trades oilfield expendables and supplies; and provides rig turnkey solutions, as well as maintenance, repair, and operations spares for land and offshore rigs. It primarily serves oil companies, drilling contractors, offshore and marine engineering companies, and shipyards. The company was formerly known as TSC Group Holdings Limited and changed its name to CMIC Ocean En-Tech Holding Co., Ltd. in February 2019. CMIC Ocean En-Tech Holding Co., Ltd. was founded in 1845 and is headquartered in Hung Hom, Hong Kong.
Details
| Name: | CMIC Ocean En-Tech Holding Co., Ltd. |
| 206 | |
| Exchange: | SEHK |
| Founded: | 1845 |
| HK$928,088,408 | |
| 2,946,312,408 | |
| Website: | http://www.cmicholding.com |
| Address: |
CMIC Ocean En-Tech Holding Co., Ltd. Office Tower One, Units 2706-2709, 27th Floor, Hung Hom, Kowloon, Hong Kong |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| SEHK | 206 | Ordinary Shares | The Stock Exchange of Hong Kong Ltd. | HK | HKD | 28. Nov 2005 |
Number of employees
Current staff
Industry
| Oil and Gas Equipment and Services | |
| Energy |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/06/17 12:44 |
| End of day share price update: | 2019/06/14 00:00 |
| Last earnings filing: | 2019/04/17 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
