SEHK:3337

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Anton Oilfield Services Group

Executive Summary

Anton Oilfield Services Group, an investment holding company, provides oil and gas field development technical services for oil companies in the People’s Republic of China and internationally.


Snowflake Analysis

Very undervalued with questionable track record.


Similar Companies

Share Price & News

How has Anton Oilfield Services Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 3337's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.4%

3337

7.4%

HK Energy Services

4.1%

HK Market


1 Year Return

-54.3%

3337

-24.4%

HK Energy Services

-5.2%

HK Market

Return vs Industry: 3337 underperformed the Hong Kong Energy Services industry which returned -24.4% over the past year.

Return vs Market: 3337 underperformed the Hong Kong Market which returned -5.2% over the past year.


Shareholder returns

3337IndustryMarket
7 Day-3.4%7.4%4.1%
30 Day-7.5%7.8%3.5%
90 Day-42.7%-29.5%-5.3%
1 Year-54.3%-54.3%-24.0%-24.4%-2.0%-5.2%
3 Year-40.4%-41.1%-34.1%-35.1%-0.4%-10.6%
5 Year-73.5%-73.8%-72.0%-72.8%-9.0%-23.3%

Price Volatility Vs. Market

How volatile is Anton Oilfield Services Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Anton Oilfield Services Group 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: 3337 (HK$0.43) is trading below our estimate of fair value (HK$1.46)

Significantly Below Fair Value: 3337 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 3337 is good value based on its PE Ratio (4.4x) compared to the Energy Services industry average (9.1x).

PE vs Market: 3337 is good value based on its PE Ratio (4.4x) compared to the Hong Kong market (9.4x).


Price to Earnings Growth Ratio

PEG Ratio: 3337 is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: 3337 is good value based on its PB Ratio (0.4x) compared to the HK Energy Services industry average (0.5x).


Next Steps

Future Growth

How is Anton Oilfield Services Group forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

14.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3337's forecast earnings growth (14.7% per year) is above the savings rate (1.6%).

Earnings vs Market: 3337's earnings (14.7% per year) are forecast to grow slower than the Hong Kong market (16.9% per year).

High Growth Earnings: 3337's earnings are forecast to grow, but not significantly.

Revenue vs Market: 3337's revenue (4.4% per year) is forecast to grow slower than the Hong Kong market (10.6% per year).

High Growth Revenue: 3337's revenue (4.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 3337's Return on Equity is forecast to be low in 3 years time (9%).


Next Steps

Past Performance

How has Anton Oilfield Services Group performed over the past 5 years?

69.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3337 has high quality earnings.

Growing Profit Margin: 3337's current net profit margins (7.5%) are lower than last year (7.6%).


Past Earnings Growth Analysis

Earnings Trend: 3337 has become profitable over the past 5 years, growing earnings by 69% per year.

Accelerating Growth: 3337's earnings growth over the past year (20.8%) is below its 5-year average (69% per year).

Earnings vs Industry: 3337 earnings growth over the past year (20.8%) underperformed the Energy Services industry 20.8%.


Return on Equity

High ROE: 3337's Return on Equity (9.5%) is considered low.


Next Steps

Financial Health

How is Anton Oilfield Services Group's financial position?


Financial Position Analysis

Short Term Liabilities: 3337's short term assets (CN¥6.5B) exceed its short term liabilities (CN¥4.2B).

Long Term Liabilities: 3337's short term assets (CN¥6.5B) exceed its long term liabilities (CN¥2.3B).


Debt to Equity History and Analysis

Debt Level: 3337's debt to equity ratio (166.9%) is considered high.

Reducing Debt: 3337's debt to equity ratio has increased from 124% to 166.9% over the past 5 years.

Debt Coverage: 3337's debt is not well covered by operating cash flow (12.4%).

Interest Coverage: 3337's interest payments on its debt are not well covered by EBIT (2.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Anton Oilfield Services Group's current dividend yield, its reliability and sustainability?

0.52%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 3337's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 3337'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 3337's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 3337's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 3337 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 3337'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?

5.3yrs

Average board tenure


CEO

Zhifeng Pi (41yo)

no data

Tenure

CN¥1,992,000

Compensation

Mr. Pi Zhifeng serves as the Chief Executive Officer of Anton Oilfield Services Group and served as its President. Mr. Pi served as an Executive Vice President of Anton Oilfield Services Group and served a ...


CEO Compensation Analysis

Compensation vs Market: Zhifeng's total compensation ($USD279.97K) is about average for companies of similar size in the Hong Kong market ($USD279.32K).

Compensation vs Earnings: Zhifeng's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Zhifeng Pi
CEO & Executive Directorno dataCN¥1.99m0.015% CN¥197.1k
Yonghong Fan
President1.17yrsCN¥1.95mno data
Xiaoping Zhu
Independent Non-Executive Director12.58yrsCN¥287.00kno data
Lin Luo
Founder & Chairmanno dataCN¥2.55m24.02% CN¥317.8m
Yongyi Zhang
Independent Non-Executive Director12.58yrsCN¥287.00k0.015% CN¥193.5k
Yiaw Wee
Independent Non-Executive Director3.17yrsCN¥689.00kno data

5.3yrs

Average Tenure

56yo

Average Age

Experienced Board: 3337's board of directors are considered experienced (5.3 years average tenure).


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

Anton Oilfield Services Group's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Anton Oilfield Services Group
  • Ticker: 3337
  • Exchange: SEHK
  • Founded: 1999
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: HK$1.323b
  • Shares outstanding: 3.01b
  • Website: https://www.antonoil.com

Number of Employees


Location

  • Anton Oilfield Services Group
  • No. 8, Pingcui West Road
  • Donghuqu
  • Beijing
  • 100102
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3337SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 2007
5AODB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2007
ATON.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 2007
ATON.YOTCPK (Pink Sheets LLC)ADRUSUSDDec 2008

Biography

Anton Oilfield Services Group, an investment holding company, provides oil and gas field development technical services for oil companies in the People’s Republic of China and internationally. It operates through three segments: Drilling Technology, Well Completion, and Oil Production Services. The company offers geology technology services, such as oil and gas field design and development, geological engineering, and geological research and technical support; oilfield management and oil and gas development general contract services, including contract, production capacity construction, oil and gas field management general contract, oil/gas field cooperative development, digital oilfield management, reservoir technology support, oilfield operation and maintenance, and supervision; and drilling technology services comprising integrated drilling, rig, directional drilling, drilling fluid and completion fluid, oilfield environmental protection, and cementing. It also provides completion technology services, such as stimulation and integrated completion, completion technique and tool, sand control, fracturing and pumping, coiled tubing operation, stimulation chemical, and logging; workover and well testing, and oil production technology services; and inspection, oilfield nondestructive detection and evaluation, special equipment testing, gas leaking inspection, pipeline inspection, metrology inspection, and environmental inspection, as well as tubing and casing inspection, repairing, and anti-corrosion technology services. In addition, the company offers asset leasing services, including drilling tool, drilling equipment, oilfield production equipment, and oilfield production facility leasing services. Further, it manufactures rod casings; and provides construction services. The company was founded in 1999 and is headquartered in Beijing, the People’s Republic of China. Anton Oilfield Services Group operates as a subsidiary of Anton Oilfield Services Holdings Limited Company. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/04 13:02
End of Day Share Price2020/06/04 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.