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Grand Ocean Advanced Resources SEHK:2996 Stock Report

Last Price

HK$0.55

Market Cap

HK$75.7m

7D

0%

1Y

n/a

Updated

29 Nov, 2024

Data

Company Financials

Grand Ocean Advanced Resources Company Limited

SEHK:2996 Stock Report

Market Cap: HK$75.7m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

2996 Stock Overview

An investment holding company, engages in coal mining business in Inner Mongolia, the People’s Republic of China. More details

2996 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Grand Ocean Advanced Resources Company Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Grand Ocean Advanced Resources
Historical stock prices
Current Share PriceHK$0.55
52 Week HighHK$1.01
52 Week LowHK$0.52
Beta0.81
1 Month Change-12.70%
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-37.50%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

2996HK Oil and GasHK Market
7D0%0.02%4.3%
1Yn/a7.6%28.1%

Return vs Industry: Insufficient data to determine how 2996 performed against the Hong Kong Oil and Gas industry.

Return vs Market: Insufficient data to determine how 2996 performed against the Hong Kong Market.

Price Volatility

Is 2996's price volatile compared to industry and market?
2996 volatility
2996 Average Weekly Movementn/a
Oil and Gas Industry Average Movement7.5%
Market Average Movement6.5%
10% most volatile stocks in HK Market13.8%
10% least volatile stocks in HK Market3.0%

Stable Share Price: 2996's share price has been volatile over the past 3 months compared to the Hong Kong market.

Volatility Over Time: Insufficient data to determine 2996's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000426n/agrandocean65.com

Grand Ocean Advanced Resources Company Limited, an investment holding company, engages in coal mining business in Inner Mongolia, the People’s Republic of China. It produces and sells coal and minerals; and provides management services. The company was formerly known as DeTeam Company Limited and changed its name to Grand Ocean Advanced Resources Company Limited in June 2015.

Grand Ocean Advanced Resources Company Limited Fundamentals Summary

How do Grand Ocean Advanced Resources's earnings and revenue compare to its market cap?
2996 fundamental statistics
Market capHK$75.71m
Earnings (TTM)-HK$14.78m
Revenue (TTM)HK$194.82m

0.4x

P/S Ratio

-5.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2996 income statement (TTM)
RevenueHK$194.82m
Cost of RevenueHK$122.92m
Gross ProfitHK$71.90m
Other ExpensesHK$86.68m
Earnings-HK$14.78m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.072
Gross Margin36.91%
Net Profit Margin-7.58%
Debt/Equity Ratio0%

How did 2996 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/11/29 17:05
End of Day Share Price 2024/11/28 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Github.

Analyst Sources

Grand Ocean Advanced Resources Company Limited is covered by 0 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.