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Grand Ocean Advanced Resources

Market Cap

HK$721.7m

Last Updated

2021/05/07 11:29 UTC

Data Sources

Company Financials

Executive Summary

Grand Ocean Advanced Resources Company Limited, an investment holding company, engages in coal mining business in Inner Mongolia, the People’s Republic of China. More Details


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Grand Ocean Advanced Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 65 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: 65's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.


Market Performance


7 Day Return

1.1%

65

7.3%

HK Oil and Gas

-0.7%

HK Market


1 Year Return

166.7%

65

17.6%

HK Oil and Gas

25.7%

HK Market

Return vs Industry: 65 exceeded the Hong Kong Oil and Gas industry which returned 17.2% over the past year.

Return vs Market: 65 exceeded the Hong Kong Market which returned 27.5% over the past year.


Shareholder returns

65IndustryMarket
7 Day1.1%7.3%-0.7%
30 Day3.2%7.2%-1.6%
90 Day-9.4%20.9%-2.9%
1 Year166.7%166.7%26.8%17.6%30.6%25.7%
3 Year14.3%14.3%-27.6%-39.8%3.5%-7.5%
5 Year43.3%43.3%4.8%-17.6%62.2%34.7%

Long-Term Price Volatility Vs. Market

How volatile is Grand Ocean Advanced Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Grand Ocean Advanced Resources undervalued compared to its fair value and its price relative to the market?

6.84x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 65's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 65's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 65 is unprofitable, so we can't compare its PE Ratio to the HK Oil and Gas industry average.

PE vs Market: 65 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 65's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 65 is overvalued based on its PB Ratio (6.8x) compared to the HK Oil and Gas industry average (0.7x).


Future Growth

How is Grand Ocean Advanced Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.7%

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 Grand Ocean Advanced Resources 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 Grand Ocean Advanced Resources performed over the past 5 years?

35.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 65 is currently unprofitable.

Growing Profit Margin: 65 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 65 is unprofitable, but has reduced losses over the past 5 years at a rate of 35.1% per year.

Accelerating Growth: Unable to compare 65's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 65 is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-3.6%).


Return on Equity

High ROE: 65 has a negative Return on Equity (-34.05%), as it is currently unprofitable.


Financial Health

How is Grand Ocean Advanced Resources's financial position?


Financial Position Analysis

Short Term Liabilities: 65's short term assets (HK$118.3M) exceed its short term liabilities (HK$56.8M).

Long Term Liabilities: 65's short term assets (HK$118.3M) exceed its long term liabilities (HK$21.8M).


Debt to Equity History and Analysis

Debt Level: 65 is debt free.

Reducing Debt: 65 has no debt compared to 5 years ago when its debt to equity ratio was 27.4%.


Balance Sheet


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: 65 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 65 has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 12.4% each year.


Dividend

What is Grand Ocean Advanced Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 65's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 65'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 65's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 65's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 65 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 65'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?

6.3yrs

Average management tenure


CEO

Grand Ocean Advanced Resources has no CEO, or we have no data on them.


Leadership Team

Experienced Management: 65's management team is seasoned and experienced (6.3 years average tenure).


Board Members

Experienced Board: 65's board of directors are not considered experienced ( 0.9 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Grand Ocean Advanced Resources Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Grand Ocean Advanced Resources Company Limited
  • Ticker: 65
  • Exchange: SEHK
  • Founded: 2000
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: HK$721.669m
  • Shares outstanding: 1.50b
  • Website: https://grandocean65.com

Number of Employees


Location

  • Grand Ocean Advanced Resources Company Limited
  • Sino Plaza
  • Suite 1602
  • Hong Kong
  • Hong Kong

Listings


Biography

Grand Ocean Advanced Resources Company Limited, an investment holding company, engages in coal mining business in Inner Mongolia, the People’s Republic of China. It produces and sells coal. The company was...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/07 11:29
End of Day Share Price2021/05/07 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.