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
Risk Analysis
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
| 65 | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.1% | 7.3% | -0.7% |
| 30 Day | 3.2% | 7.2% | -1.6% |
| 90 Day | -9.4% | 20.9% | -2.9% |
| 1 Year | 166.7%166.7% | 26.8%17.6% | 30.6%25.7% |
| 3 Year | 14.3%14.3% | -27.6%-39.8% | 3.5%-7.5% |
| 5 Year | 43.3%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
5 days ago | Simply Wall St
We're Hopeful That Grand Ocean Advanced Resources (HKG:65) Will Use Its Cash Wisely1 month ago | Simply Wall St
Announcing: Grand Ocean Advanced Resources (HKG:65) Stock Increased An Energizing 125% In The Last Year5 months ago | Simply Wall St
Calculating The Intrinsic Value Of Grand Ocean Advanced Resources Company Limited (HKG:65)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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/07 11:29 |
| 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.