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Jutal Offshore Oil Services

Market Cap

HK$2.1b

Last Updated

2021/05/10 04:46 UTC

Data Sources

Company Financials

Executive Summary

Jutal Offshore Oil Services Limited, an investment holding company, engages in the fabrication of facilities, and provision of integrated services for oil and gas industries, new energy, and refining and chemical industries. More Details


Snowflake Analysis

Excellent balance sheet with solid track record.

Share Price & News

How has Jutal Offshore Oil Services's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 3303 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 22% a week.

Volatility Over Time: 3303's weekly volatility has increased from 14% to 22% over the past year.


Market Performance


7 Day Return

8.6%

3303

9.8%

HK Energy Services

-0.5%

HK Market


1 Year Return

200.0%

3303

28.2%

HK Energy Services

25.4%

HK Market

Return vs Industry: 3303 exceeded the Hong Kong Energy Services industry which returned 28.2% over the past year.

Return vs Market: 3303 exceeded the Hong Kong Market which returned 25.4% over the past year.


Shareholder returns

3303IndustryMarket
7 Day8.6%9.8%-0.5%
30 Day10.5%3.1%-0.9%
90 Day72.6%-11.0%-3.2%
1 Year265.2%200.0%30.1%28.2%30.2%25.4%
3 Year-7.7%-27.2%-24.2%-26.1%3.0%-7.9%
5 Year190.5%125.0%-17.8%-20.0%61.6%34.1%

Long-Term Price Volatility Vs. Market

How volatile is Jutal Offshore Oil Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Jutal Offshore Oil Services undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 3303 (HK$1.26) is trading below our estimate of fair value (HK$41.54)

Significantly Below Fair Value: 3303 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 3303's PE Ratio (11.6x) is in line with the HK Energy Services industry average.

PE vs Market: 3303's PE Ratio (11.6x) is in line with the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3303's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 3303 is overvalued based on its PB Ratio (0.8x) compared to the HK Energy Services industry average (0.6x).


Future Growth

How is Jutal Offshore Oil Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.9%

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 Jutal Offshore Oil Services 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 Jutal Offshore Oil Services performed over the past 5 years?

32.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3303 has high quality earnings.

Growing Profit Margin: 3303's current net profit margins (4%) are higher than last year (0.3%).


Past Earnings Growth Analysis

Earnings Trend: 3303's earnings have grown significantly by 32.7% per year over the past 5 years.

Accelerating Growth: 3303's earnings growth over the past year (2993.2%) exceeds its 5-year average (32.7% per year).

Earnings vs Industry: 3303 earnings growth over the past year (2993.2%) exceeded the Energy Services industry -4.3%.


Return on Equity

High ROE: 3303's Return on Equity (6.5%) is considered low.


Financial Health

How is Jutal Offshore Oil Services's financial position?


Financial Position Analysis

Short Term Liabilities: 3303's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥1.8B).

Long Term Liabilities: 3303's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥595.1M).


Debt to Equity History and Analysis

Debt Level: 3303's debt to equity ratio (23.1%) is considered satisfactory.

Reducing Debt: 3303's debt to equity ratio has increased from 11.5% to 23.1% over the past 5 years.

Debt Coverage: 3303's debt is well covered by operating cash flow (153.6%).

Interest Coverage: 3303's interest payments on its debt are well covered by EBIT (9.3x coverage).


Balance Sheet


Dividend

What is Jutal Offshore Oil Services's current dividend yield, its reliability and sustainability?

17.46%

Current Dividend Yield


Upcoming Dividend Payment

TodayMay 10 2021Ex Dividend DateMay 26 2021Dividend Pay DateJun 18 202123 days from Ex DividendBuy in the next 16 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 3303's dividend (17.46%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.95%).

High Dividend: 3303's dividend (17.46%) is in the top 25% of dividend payers in the Hong Kong market (5.99%)


Stability and Growth of Payments

Stable Dividend: 3303's dividend payments have been volatile in the past 10 years.

Growing Dividend: 3303's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (206.3%), 3303's dividend payments are not well 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?

1.1yrs

Average management tenure


CEO

Ningsheng Wang (49 yo)

1.08yrs

Tenure

Mr. Ningsheng Wang serves as a President of Jutal Offshore Oil Services Limited since April 10, 2020. He has been a Deputy General Manager of Beijing Sanju Environmental Protection & New Materials Co., Ltd...


Leadership Team

Experienced Management: 3303's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

Experienced Board: 3303's board of directors are not considered experienced ( 2.9 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

Jutal Offshore Oil Services Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jutal Offshore Oil Services Limited
  • Ticker: 3303
  • Exchange: SEHK
  • Founded: 1995
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: HK$2.094b
  • Shares outstanding: 1.66b
  • Website: https://www.jutal.com

Number of Employees


Location

  • Jutal Offshore Oil Services Limited
  • Chiwan Petroleum Building
  • 10th Floor
  • Shenzhen
  • Guangdong Province
  • 518068
  • China

Listings


Biography

Jutal Offshore Oil Services Limited, an investment holding company, engages in the fabrication of facilities, and provision of integrated services for oil and gas industries, new energy, and refining and c...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/10 04:46
End of Day Share Price2021/05/07 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.