Executive Summary
Jutal Offshore Oil Services Limited, an investment holding company, primarily provides fabrication and integrated services for oil and gas, other energy and refining, and chemical industries. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with acceptable 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 +/- 25% a week.
Volatility Over Time: 3303's weekly volatility has increased from 14% to 25% over the past year.
Market Performance
7 Day Return
-15.2%
3303
-3.3%
HK Energy Services
-2.0%
HK Market
1 Year Return
73.8%
3303
-5.4%
HK Energy Services
23.0%
HK Market
Return vs Industry: 3303 exceeded the Hong Kong Energy Services industry which returned -5.4% over the past year.
Return vs Market: 3303 exceeded the Hong Kong Market which returned 23% over the past year.
Shareholder returns
| 3303 | Industry | Market | |
|---|---|---|---|
| 7 Day | -15.2% | -3.3% | -2.0% |
| 30 Day | 58.2% | 16.0% | 2.5% |
| 90 Day | 103.8% | 37.7% | 13.1% |
| 1 Year | 111.5%73.8% | -3.9%-5.4% | 27.8%23.0% |
| 3 Year | -33.5%-47.5% | -12.3%-14.7% | 6.3%-4.7% |
| 5 Year | 144.4%89.3% | -12.6%-15.0% | 66.0%37.7% |
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
1 week ago | Simply Wall St
Jutal Offshore Oil Services' (HKG:3303) Shareholders Are Down 69% On Their Shares1 month ago | Simply Wall St
What Type Of Shareholders Make Up Jutal Offshore Oil Services Limited's (HKG:3303) Share Registry?2 months ago | Simply Wall St
Jutal Offshore Oil Services (HKG:3303) Has A Pretty Healthy Balance SheetValuation
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$1.06) is trading below our estimate of fair value (HK$36.94)
Significantly Below Fair Value: 3303 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 3303 is poor value based on its PE Ratio (23.1x) compared to the HK Energy Services industry average (17.5x).
PE vs Market: 3303 is poor value based on its PE Ratio (23.1x) compared to the Hong Kong market (12.4x).
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's PB Ratio (0.7x) is in line with the HK Energy Services industry average.
Next Steps
Future Growth
How is Jutal Offshore Oil Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
33.9%
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.
Next Steps
- Examine Jutal Offshore Oil Services's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Jutal Offshore Oil Services competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
Past Performance
How has Jutal Offshore Oil Services performed over the past 5 years?
5.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3303 has high quality earnings.
Growing Profit Margin: 3303 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 3303's earnings have grown by 5.5% per year over the past 5 years.
Accelerating Growth: 3303 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 3303 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (-10.2%).
Return on Equity
High ROE: 3303's Return on Equity (2.8%) is considered low.
Next Steps
Financial Health
How is Jutal Offshore Oil Services's financial position?
Financial Position Analysis
Short Term Liabilities: 3303's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 3303's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥562.6M).
Debt to Equity History and Analysis
Debt Level: 3303's debt to equity ratio (22.4%) is considered satisfactory.
Reducing Debt: 3303's debt to equity ratio has increased from 16.6% to 22.4% over the past 5 years.
Debt Coverage: 3303's debt is well covered by operating cash flow (159.4%).
Interest Coverage: 3303's interest payments on its debt are well covered by EBIT (4.7x coverage).
Balance Sheet
Next Steps
Dividend
What is Jutal Offshore Oil Services's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 3303's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 3303's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 3303's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 3303's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 3303 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 3303's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.8yrs
Average management tenure
CEO
Ningsheng Wang (49 yo)
0.83
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Director | 15.25yrs | CN¥2.94m | 24.76% CN¥ 432.9m | |
| Executive Director | 0.083yr | CN¥3.84m | 0.62% CN¥ 10.9m | |
| Executive VP & Executive Director | 2.67yrs | CN¥1.16m | no data | |
| President & Executive Director | 0.83yr | no data | no data | |
| Executive Director | 0.83yr | no data | no data | |
| Company Secretary | 6.67yrs | no data | no data | |
| Vice President | no data | CN¥117.00k | no data | |
| Deputy Chief Engineer | no data | no data | no data | |
| Deputy Chief Accountant | no data | no data | no data |
0.8yrs
Average Tenure
52yo
Average Age
Experienced Management: 3303's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Director | 15.25yrs | CN¥2.94m | 24.76% CN¥ 432.9m | |
| Executive Director | 0.083yr | CN¥3.84m | 0.62% CN¥ 10.9m | |
| Executive VP & Executive Director | 2.67yrs | CN¥1.16m | no data | |
| President & Executive Director | 0.83yr | no data | no data | |
| Executive Director | 0.83yr | no data | no data | |
| Independent Non-Executive Director | 5.58yrs | CN¥496.00k | 0.095% CN¥ 1.7m | |
| Independent Non-Executive Director | 14.5yrs | CN¥496.00k | no data | |
| Deputy Chairman | 0.83yr | CN¥2.96m | no data | |
| Independent Non-Executive Director | 3.67yrs | CN¥496.00k | no data |
2.7yrs
Average Tenure
56yo
Average Age
Experienced Board: 3303's board of directors are not considered experienced ( 2.7 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$1.748b
- Shares outstanding: 1.63b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 3303 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Sep 2006 |
| I8O | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Sep 2006 |
| JUTO.Y | OTCPK (Pink Sheets LLC) | UNSPONSORED ADR | US | USD | Dec 2008 |
Biography
Jutal Offshore Oil Services Limited, an investment holding company, primarily provides fabrication and integrated services for oil and gas, other energy and refining, and chemical industries. It engages in...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/26 10:03 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.