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
Rewards
Risk Analysis
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
| 3303 | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.6% | 9.8% | -0.5% |
| 30 Day | 10.5% | 3.1% | -0.9% |
| 90 Day | 72.6% | -11.0% | -3.2% |
| 1 Year | 265.2%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 Year | 190.5%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
6 hours ago | Simply Wall St
The Return Trends At Jutal Offshore Oil Services (HKG:3303) Look Promising1 month ago | Simply Wall St
How Much Are Jutal Offshore Oil Services Limited (HKG:3303) Insiders Spending On Buying Shares?2 months ago | Simply Wall St
Jutal Offshore Oil Services' (HKG:3303) Shareholders Are Down 69% On Their SharesValuation
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
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/10 04:46 |
| End of Day Share Price | 2021/05/07 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.