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NewOcean Energy Holdings SEHK:342 Stock Report

Last Price

HK$0.039

Market Cap

HK$57.3m

7D

0%

1Y

-91.4%

Updated

28 Jun, 2022

Data

Company Financials

NewOcean Energy Holdings Limited

SEHK:342 Stock Report

Market Cap: HK$57.3m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

342 Stock Overview

NewOcean Energy Holdings Limited, an investment holding company, distributes and sells liquefied petroleum gas (LPG) and natural gas, and oil products in the People’s Republic of China. More details

342 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

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NewOcean Energy Holdings Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for NewOcean Energy Holdings
Historical stock prices
Current Share PriceHK$0.039
52 Week HighHK$0.47
52 Week LowHK$0.039
Beta0.073
1 Month Change0%
3 Month Change-9.30%
1 Year Change-91.43%
3 Year Change-97.81%
5 Year Change-98.37%
Change since IPO-97.64%

Recent News & Updates

Should Shareholders Reconsider NewOcean Energy Holdings Limited's (HKG:342) CEO Compensation Package?

Aug 02
Should Shareholders Reconsider NewOcean Energy Holdings Limited's (HKG:342) CEO Compensation Package?

Recent updates

Should Shareholders Reconsider NewOcean Energy Holdings Limited's (HKG:342) CEO Compensation Package?

Aug 02
Should Shareholders Reconsider NewOcean Energy Holdings Limited's (HKG:342) CEO Compensation Package?

Does NewOcean Energy Holdings (HKG:342) Have A Healthy Balance Sheet?

Apr 11
Does NewOcean Energy Holdings (HKG:342) Have A Healthy Balance Sheet?

What Percentage Of NewOcean Energy Holdings Limited (HKG:342) Shares Do Insiders Own?

Mar 07
What Percentage Of NewOcean Energy Holdings Limited (HKG:342) Shares Do Insiders Own?

Shiu Ming Tong Just Bought 95% More Shares In NewOcean Energy Holdings Limited (HKG:342)

Jan 30
Shiu Ming Tong Just Bought 95% More Shares In NewOcean Energy Holdings Limited (HKG:342)

Trade Alert: The Executive Chairman Of NewOcean Energy Holdings Limited (HKG:342), Siu Shum, Has Just Spent HK$1.1m Buying 1.5% More Shares

Jan 16
Trade Alert: The Executive Chairman Of NewOcean Energy Holdings Limited (HKG:342), Siu Shum, Has Just Spent HK$1.1m Buying 1.5% More Shares

How Much Are NewOcean Energy Holdings Limited (HKG:342) Insiders Spending On Buying Shares?

Dec 14
How Much Are NewOcean Energy Holdings Limited (HKG:342) Insiders Spending On Buying Shares?

What Can We Learn About NewOcean Energy Holdings' (HKG:342) CEO Compensation?

Nov 23
What Can We Learn About NewOcean Energy Holdings' (HKG:342) CEO Compensation?

Shareholder Returns

342HK Oil and GasHK Market
7D0%0.02%4.3%
1Y-91.4%7.6%28.1%

Return vs Industry: 342 underperformed the Hong Kong Oil and Gas industry which returned 17.7% over the past year.

Return vs Market: 342 underperformed the Hong Kong Market which returned -14.2% over the past year.

Price Volatility

Is 342's price volatile compared to industry and market?
342 volatility
342 Average Weekly Movementn/a
Oil and Gas Industry Average Movement7.5%
Market Average Movement6.5%
10% most volatile stocks in HK Market13.8%
10% least volatile stocks in HK Market3.0%

Stable Share Price: 342's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine 342's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a900n/awww.newoceanhk.com

NewOcean Energy Holdings Limited, an investment holding company, distributes and sells liquefied petroleum gas (LPG) and natural gas, and oil products in the People’s Republic of China. It sells LPG to industrial customers, auto-gas operators, wholesalers, bottled LPG end-users, and auto-gas end-users. The company also trades in electronic products, such as integrated circuits and mobile phones.

NewOcean Energy Holdings Limited Fundamentals Summary

How do NewOcean Energy Holdings's earnings and revenue compare to its market cap?
342 fundamental statistics
Market capHK$57.26m
Earnings (TTM)-HK$2.48b
Revenue (TTM)HK$12.55b

0.0x

P/S Ratio

0.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
342 income statement (TTM)
RevenueHK$12.55b
Cost of RevenueHK$11.85b
Gross ProfitHK$699.83m
Other ExpensesHK$3.18b
Earnings-HK$2.48b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-1.69
Gross Margin5.58%
Net Profit Margin-19.78%
Debt/Equity Ratio139.6%

How did 342 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2022/06/28 14:15
End of Day Share Price 2022/03/31 00:00
Earnings2021/06/30
Annual Earnings2020/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NewOcean Energy Holdings Limited is covered by 12 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vitus LeungBofA Global Research
Henry LiCASH Financial Services Group Ltd.
Lewis PangCinda International Research Limited