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AAG Energy Holdings

Market Cap

HK$4.8b

Last Updated

2021/05/06 10:15 UTC

Data Sources

Company Financials

Executive Summary

AAG Energy Holdings Limited engages in the exploration, development, production, and sale of coalbed methane in the People's Republic of China. More Details


Snowflake Analysis

Flawless balance sheet second-rate dividend payer.

Share Price & News

How has AAG Energy Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2686 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 2686's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

2.2%

2686

5.4%

HK Oil and Gas

-1.8%

HK Market


1 Year Return

10.4%

2686

17.2%

HK Oil and Gas

27.5%

HK Market

Return vs Industry: 2686 underperformed the Hong Kong Oil and Gas industry which returned 14.1% over the past year.

Return vs Market: 2686 underperformed the Hong Kong Market which returned 27.1% over the past year.


Shareholder returns

2686IndustryMarket
7 Day2.2%5.4%-1.8%
30 Day3.8%5.4%-1.6%
90 Day11.3%19.2%-2.5%
1 Year21.7%10.4%26.4%17.2%32.5%27.5%
3 Year-2.9%-16.9%-28.5%-40.6%4.0%-7.0%
5 Year36.4%15.0%1.5%-20.2%60.1%32.9%

Long-Term Price Volatility Vs. Market

How volatile is AAG Energy Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is AAG Energy Holdings undervalued compared to its fair value and its price relative to the market?

7.65x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 2686 (HK$1.38) is trading above our estimate of fair value (HK$1.32)

Significantly Below Fair Value: 2686 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 2686's PE Ratio (7.6x) is in line with the HK Oil and Gas industry average.

PE vs Market: 2686 is good value based on its PE Ratio (7.6x) compared to the Hong Kong market (11.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2686's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2686's PB Ratio (0.7x) is in line with the HK Oil and Gas industry average.


Future Growth

How is AAG Energy Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.8%

Forecasted Energy industry annual growth in earnings


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 AAG Energy Holdings 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 SimplyWall St do have past financial data.


Past Performance

How has AAG Energy Holdings performed over the past 5 years?

49.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2686 has high quality earnings.

Growing Profit Margin: 2686's current net profit margins (49%) are lower than last year (60.9%).


Past Earnings Growth Analysis

Earnings Trend: 2686 has become profitable over the past 5 years, growing earnings by 49.6% per year.

Accelerating Growth: 2686's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2686 had negative earnings growth (-27.8%) over the past year, making it difficult to compare to the Oil and Gas industry average (-3.6%).


Return on Equity

High ROE: 2686's Return on Equity (8.6%) is considered low.


Financial Health

How is AAG Energy Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 2686's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥579.5M).

Long Term Liabilities: 2686's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥498.1M).


Debt to Equity History and Analysis

Debt Level: 2686 is debt free.

Reducing Debt: 2686 has no debt compared to 5 years ago when its debt to equity ratio was 9.1%.

Debt Coverage: 2686 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 2686 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is AAG Energy Holdings's current dividend yield, its reliability and sustainability?

8.97%

Current Dividend Yield


Upcoming Dividend Payment

TodayMay 07 2021Ex Dividend DateMay 17 2021Dividend Pay DateJun 03 202117 days from Ex DividendBuy in the next 10 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 2686's dividend (8.97%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.91%).

High Dividend: 2686's dividend (8.97%) is in the top 25% of dividend payers in the Hong Kong market (6.05%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 2686 has been paying a dividend for less than 10 years.

Growing Dividend: 2686's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (68.6%), 2686's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

2.7yrs

Average management tenure


CEO

AAG Energy Holdings has no CEO, or we have no data on them.


Leadership Team

Experienced Management: 2686's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: 2686's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


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

AAG Energy Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AAG Energy Holdings Limited
  • Ticker: 2686
  • Exchange: SEHK
  • Founded: 1994
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: HK$4.819b
  • Shares outstanding: 3.39b
  • Website: https://www.aagenergy.com

Number of Employees


Location

  • AAG Energy Holdings Limited
  • Cosco Tower
  • Unit 2506, 25th Floor
  • Central
  • Hong Kong

Listings


Biography

AAG Energy Holdings Limited engages in the exploration, development, production, and sale of coalbed methane in the People's Republic of China. It holds interests in the Panzhuang concession covering an ar...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/06 10:15
End of Day Share Price2021/05/06 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.