AAG Energy Holdings Limited engages in the exploration, development, production, and sale of coalbed methane in the People's Republic of China. More Details
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.
7 Day Return
HK Oil and Gas
1 Year Return
HK Oil and Gas
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.
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
1 week ago | Simply Wall StHow Much Did AAG Energy Holdings'(HKG:2686) Shareholders Earn From Share Price Movements Over The Last Three Years?
3 weeks ago | Simply Wall StWhat Kind Of Investors Own Most Of AAG Energy Holdings Limited (HKG:2686)?
1 month ago | Simply Wall StAAG Energy Holdings (HKG:2686) Is Doing The Right Things To Multiply Its Share Price
Is AAG Energy Holdings undervalued compared to its fair value and its price relative to the market?
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.
How is AAG Energy Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has AAG Energy Holdings performed over the past 5 years?
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.
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.
What is AAG Energy Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
AAG Energy Holdings has no CEO, or we have no data on them.
Experienced Management: 2686's management team is considered experienced (2.7 years average tenure).
Experienced Board: 2686's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AAG Energy Holdings Limited's company bio, employee growth, exchange listings and data sources
- 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
- AAG Energy Holdings Limited
- Cosco Tower
- Unit 2506, 25th Floor
- Hong Kong
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/06 10:15|
|End of Day Share Price||2021/05/06 00:00|
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.