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.
Excellent balance sheet and slightly overvalued.
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 has not had significant price volatility in the past 3 months.
7 Day Return
HK Energy Services
1 Year Return
HK Energy Services
Return vs Industry: 3303 underperformed the Hong Kong Energy Services industry which returned 17.2% over the past year.
Return vs Market: 3303 underperformed the Hong Kong Market which returned -7.4% over the past year.
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 StIs Jutal Offshore Oil Services Limited (HKG:3303) Excessively Paying Its CEO?
4 weeks ago | Simply Wall StIs Jutal Offshore Oil Services (HKG:3303) Using Too Much Debt?
1 month ago | Simply Wall StDoes It Make Sense To Buy Jutal Offshore Oil Services Limited (HKG:3303) For Its Yield?
Is Jutal Offshore Oil Services undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 3303 (HK$0.62) is trading below our estimate of fair value (HK$0.67)
Significantly Below Fair Value: 3303 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 3303 is unprofitable, so we can't compare its PE Ratio to the Energy Services industry average.
PE vs Market: 3303 is unprofitable, so we can't compare its PE Ratio to 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 good value based on its PB Ratio (0.4x) compared to the HK Energy Services industry average (0.7x).
How is Jutal Offshore Oil Services 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 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.
- 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.
How has Jutal Offshore Oil Services performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3303 is currently unprofitable.
Growing Profit Margin: 3303 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 3303 is unprofitable, and losses have increased over the past 5 years at a rate of -6.3% per year.
Accelerating Growth: Unable to compare 3303's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 3303 is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-4.3%).
Return on Equity
High ROE: 3303 has a negative Return on Equity (-1.18%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Jutal Offshore Oil Services's financial position?
Financial Position Analysis
Short Term Liabilities: 3303's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 3303's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥537.7M).
Debt to Equity History and Analysis
Debt Level: 3303's debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: 3303's debt to equity ratio has reduced from 31.8% to 26.7% over the past 5 years.
Inventory Level: 3303 has a high level of physical assets or inventory.
Debt Coverage by Assets: 3303's debt is covered by short term assets (assets are 3.6x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 3303 has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: 3303 has been profitable on average in the past, therefore cash runway is not a concern.
What is Jutal Offshore Oil Services's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 3303's dividend (3.07%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.29%).
High Dividend: 3303's dividend (3.07%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.35%).
Stability and Growth of Payments
Stable Dividend: 3303 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3303 has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: 3303 is paying a dividend but the company is unprofitable.
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 board tenure
Yunsheng Cao (56yo)
Mr. Yunsheng Cao serves as the Chief Executive Officer of Jutal Offshore Oil Services Ltd. Mr. Yunsheng served as Deputy General Manager of Jutal Offshore Oil Services Limited since 2001. He is responsible ...
CEO Compensation Analysis
Compensation vs Market: Yunsheng's total compensation ($USD912.40K) is above average for companies of similar size in the Hong Kong market ($USD225.23K).
Compensation vs Earnings: Yunsheng's compensation has increased whilst the company is unprofitable.
|CEO & Executive Director||0yrs||CN¥6.41m||0.62% CN¥6.3m|
|Executive Director||14.3yrs||CN¥3.99m||24.66% CN¥249.8m|
|VP & Executive Director||1.7yrs||CN¥1.54m||0.022% CN¥226.9k|
|Executive Director||1.7yrs||CN¥1.18m||no data|
|Executive Director||0.08yrs||no data||no data|
|Independent Non-Executive Director||4.6yrs||CN¥873.00k||0.095% CN¥961.0k|
|Independent Non-Executive Director||13.5yrs||CN¥873.00k||no data|
|Independent Non-Executive Director||2.7yrs||CN¥873.00k||no data|
Experienced Board: 3303's board of directors are not considered experienced ( 2.7 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Jutal Offshore Oil Services Limited's company bio, employee growth, exchange listings and data sources
- Name: Jutal Offshore Oil Services Limited
- Ticker: 3303
- Exchange: SEHK
- Founded: 1995
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: HK$1.013b
- Shares outstanding: 1.63b
- Website: https://www.jutal.com
Number of Employees
- Jutal Offshore Oil Services Limited
- Chiwan Petroleum Building
- 10th Floor
- Guangdong Province
|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|
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 the fabrication of oil and gas equipment and facilities, including water and natural gas processing systems, and oil treatment equipment, as well as subsea equipment and topsides; and offshore engineering and heavy installation activities. The company also provides technical support services for the shipbuilding industry; undersea maintenance services; and quayside and warehouse services, as well as trades in biofuel products. In addition, it constructs and sells offshore oil and natural gas exploration facilities; and quayside machineries and chemical engineering facilities. Further, the company designs, fabricates, installs, and repairs steel formation structures. It operates in the People’s Republic of China, Singapore, Portugal, France, Spain, the United States, Switzerland, Sweden, the United Kingdom, and internationally. The company was founded in 1995 and is headquartered in Shenzhen, the People’s Republic of China.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/22 12:50|
|End of Day Share Price||2020/02/21 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.