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IDG Energy Investment

SEHK:650
Snowflake Description

Excellent balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
650
SEHK
HK$6B
Market Cap
  1. Home
  2. HK
  3. Energy
Company description

IDG Energy Investment Limited, an investment holding company, engages in the energy assets investment and management activities. The last earnings update was 28 days ago. More info.


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650 Share Price and Events
7 Day Returns
-1.1%
SEHK:650
-1.8%
HK Oil and Gas
-0.2%
HK Market
1 Year Returns
-19%
SEHK:650
-17.2%
HK Oil and Gas
-4.5%
HK Market
650 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
IDG Energy Investment (650) -1.1% 0% -16.1% -19% -60.8% 56.7%
HK Oil and Gas -1.8% -0.3% -14.3% -17.2% -7.1% -45.2%
HK Market -0.2% 2.7% -8.3% -4.5% 16.5% 1%
1 Year Return vs Industry and Market
  • 650 underperformed the Oil and Gas industry which returned -17.2% over the past year.
  • 650 underperformed the Market in Hong Kong which returned -4.5% over the past year.
Price Volatility
650
Industry
5yr Volatility vs Market

650 Value

 Is IDG Energy Investment undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for IDG Energy Investment. This is due to cash flow or dividend data being unavailable. The share price is HK$0.94.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for IDG Energy Investment's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are IDG Energy Investment's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:650 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in HKD HK$0.00
SEHK:650 Share Price ** SEHK (2019-07-19) in HKD HK$0.94
Hong Kong Oil and Gas Industry PE Ratio Median Figure of 26 Publicly-Listed Oil and Gas Companies 8.7x
Hong Kong Market PE Ratio Median Figure of 1,510 Publicly-Listed Companies 10.72x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of IDG Energy Investment.

SEHK:650 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:650 Share Price ÷ EPS (both in HKD)

= 0.94 ÷ 0.00

215.25x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • IDG Energy Investment is overvalued based on earnings compared to the HK Oil and Gas industry average.
  • IDG Energy Investment is overvalued based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does IDG Energy Investment's expected growth come at a high price?
Raw Data
SEHK:650 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 215.25x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Hong Kong Oil and Gas Industry PEG Ratio Median Figure of 10 Publicly-Listed Oil and Gas Companies 0.73x
Hong Kong Market PEG Ratio Median Figure of 479 Publicly-Listed Companies 0.79x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for IDG Energy Investment, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on IDG Energy Investment's assets?
Raw Data
SEHK:650 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in HKD HK$0.54
SEHK:650 Share Price * SEHK (2019-07-19) in HKD HK$0.94
Hong Kong Oil and Gas Industry PB Ratio Median Figure of 44 Publicly-Listed Oil and Gas Companies 0.86x
Hong Kong Market PB Ratio Median Figure of 2,197 Publicly-Listed Companies 0.92x
SEHK:650 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:650 Share Price ÷ Book Value per Share (both in HKD)

= 0.94 ÷ 0.54

1.75x

* Primary Listing of IDG Energy Investment.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • IDG Energy Investment is overvalued based on assets compared to the HK Oil and Gas industry average.
X
Value checks
We assess IDG Energy Investment's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. IDG Energy Investment has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

650 Future Performance

 How is IDG Energy Investment expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 IDG Energy Investment 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.1%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is IDG Energy Investment expected to grow at an attractive rate?
  • Unable to compare IDG Energy Investment's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare IDG Energy Investment's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare IDG Energy Investment's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:650 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 7.1%
Hong Kong Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.9%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:650 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:650 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:650 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-03-31 168 27
2018-12-31 162 71
2018-09-30 157 54 114
2018-06-30 140 50 64
2018-03-31 123 47 14
2017-12-31 110 23 -37
2017-09-30 97 -1 -88
2017-06-30 87 -5 -275
2017-03-31 77 -9 -462
2016-12-31 77 -11 -441
2016-09-30 76 -14 -419
2016-06-30 94 -24 -229

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if IDG Energy Investment is high growth as no earnings estimate data is available.
  • Unable to determine if IDG Energy Investment is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:650 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from IDG Energy Investment Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:650 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:650 Past Financials Data
Date (Data in HKD Millions) EPS *
2019-03-31 0.00
2018-12-31 0.01
2018-09-30 0.02
2018-06-30 0.01
2018-03-31 0.00
2017-12-31 -0.01
2017-09-30 -0.05
2017-06-30 -0.18
2017-03-31 -0.33
2016-12-31 -0.35
2016-09-30 -0.39
2016-06-30 -0.22

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if IDG Energy Investment will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine IDG Energy Investment'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.
  2. IDG Energy Investment's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. IDG Energy Investment's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess IDG Energy Investment's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
IDG Energy Investment has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

650 Past Performance

  How has IDG Energy Investment performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare IDG Energy Investment's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • IDG Energy Investment has delivered over 20% year on year earnings growth in the past 5 years.
  • IDG Energy Investment's 1-year earnings growth exceeds its 5-year average (88.9% vs 26%)
  • IDG Energy Investment's earnings growth has exceeded the HK Oil and Gas industry average in the past year (88.9% vs 23.7%).
Earnings and Revenue History
IDG Energy Investment's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from IDG Energy Investment Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:650 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 168.03 27.38 68.87
2018-12-31 162.40 70.68 68.55
2018-09-30 156.78 113.97 81.23
2018-06-30 140.09 64.23 78.20
2018-03-31 123.40 14.49 75.18
2017-12-31 110.05 -36.56 84.68
2017-09-30 96.70 -87.62 81.18
2017-06-30 86.74 -275.02 72.86
2017-03-31 76.78 -462.43 64.55
2016-12-31 76.63 -440.58 43.60
2016-09-30 76.49 -418.73 22.66
2016-06-30 93.65 -228.84 22.68
2016-03-31 110.81 -38.94 22.71
2015-12-31 68.36 -49.49 12.66
2015-09-30 68.36 -73.64 11.19
2015-06-30 34.18 -78.10 6.29
2015-03-31 -82.57 1.40
2014-12-31 29.75 -152.45 9.17
2014-09-30 59.49 -222.34 16.94
2014-06-30 90.44 -209.82 21.12
2014-03-31 121.38 -197.30 25.29
2013-12-31 128.37 -114.22 24.57
2013-09-30 135.35 -31.14 23.86
2013-06-30 146.63 -27.91 26.81
2013-03-31 157.91 -24.67 29.77
2012-12-31 164.81 -16.23 27.86
2012-09-30 171.72 -7.80 25.96

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • IDG Energy Investment has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • It is difficult to establish if IDG Energy Investment has efficiently used its assets last year compared to the HK Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if IDG Energy Investment improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess IDG Energy Investment's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
IDG Energy Investment has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

650 Health

 How is IDG Energy Investment's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up IDG Energy Investment's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • IDG Energy Investment is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • IDG Energy Investment's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of IDG Energy Investment's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 28.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from IDG Energy Investment Company Filings, last reported 3 months ago.

SEHK:650 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 3,543.41 45.65 1,209.58
2018-12-31 3,543.41 45.65 1,209.58
2018-09-30 3,551.90 309.26 1,649.26
2018-06-30 3,551.90 309.26 1,649.26
2018-03-31 3,589.56 301.34 1,812.92
2017-12-31 3,589.56 301.34 1,812.92
2017-09-30 2,054.00 290.76 533.23
2017-06-30 2,054.00 290.76 533.23
2017-03-31 2,077.36 440.53 1,134.52
2016-12-31 2,077.36 440.53 1,134.52
2016-09-30 2,152.34 432.58 537.94
2016-06-30 2,152.34 432.58 537.94
2016-03-31 313.55 108.01 15.27
2015-12-31 -112.55 109.77 7.57
2015-09-30 -114.36 107.39 8.94
2015-06-30 -114.36 107.39 8.94
2015-03-31 -105.03 451.92 28.66
2014-12-31 -105.03 451.92 28.66
2014-09-30 11.58 335.06 42.52
2014-06-30 11.58 335.06 42.52
2014-03-31 8.35 347.80 62.48
2013-12-31 8.35 347.80 62.48
2013-09-30 205.47 363.62 34.33
2013-06-30 205.47 363.62 34.33
2013-03-31 206.81 354.97 43.60
2012-12-31 206.81 354.97 43.60
2012-09-30 221.68 396.71 60.59
  • IDG Energy Investment's level of debt (1.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (4144.6% vs 1.3% today).
  • Debt is well covered by operating cash flow (117.6%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on IDG Energy Investment's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess IDG Energy Investment's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. IDG Energy Investment has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

650 Dividends

 What is IDG Energy Investment's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from IDG Energy Investment dividends.
If you bought HK$2,000 of IDG Energy Investment shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate IDG Energy Investment's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate IDG Energy Investment's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:650 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 6.2%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 978 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:650 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as IDG Energy Investment has not reported any payouts.
  • Unable to verify if IDG Energy Investment's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of IDG Energy Investment's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as IDG Energy Investment has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess IDG Energy Investment's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can IDG Energy Investment afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. IDG Energy Investment has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

650 Management

 What is the CEO of IDG Energy Investment's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jingbo Wang
COMPENSATION HK$1,631,000
AGE 41
TENURE AS CEO 2.9 years
CEO Bio

Dr. Jingbo Wang, Ph.D. has been Chief Executive Officer and Executive Director of Shun Cheong Holdings Limited since August 5, 2016 and has been its Chairman of the Board since August 26, 2016. Dr. Wang serves as Chairman and Chief Executive Officer at IDG Energy Investment Group Limited. He has been a Partner at IDG Capital Partners/IDG-Accel since April 2011. Dr. Wang has been a Co-Managing Partner at IDG Capital Partners since 2017. Dr. Wang is a Founder of Titan Gas Technology Holdings Limited and has been its Executive Director, Managing Director and Chief Executive Officer of Titan Gas Holdings since 2012. He served as a Director of Fang Holdings Ltd since June 2017 until January 30, 2019. He serves as Chief Executive Officer at Titan Gas Technology, an independent E&P company developing shale resources in China. Dr. Wang covers investment in energy and clean tech sectors. During his tenure with Titan Gas Holdings, he has led sourcing, technical assessment, commercial negotiation and development of a number of investment and acquisition opportunities in oil and gas sector in Mainland China, Middle East and North America. In addition to Dr. Wang’s investment and management career track, he has been the Engineering Head of Guizhou Natural Gas Energy Group since July 2013 where he further developed his oil and gas field operation expertise. As the Engineering Head of GNGEG, Dr. Wang supervised the geology and engineering team of GNGEG and – 3 – managed the overall planning, design and execution of exploration work of GNGEG. Under his management, GNGEG has drilled and completed a number of shale gas wells and coal bed methane wells. He was selected to ‘‘The Thousand Talents Plan’’ (the tenth election) by the Organization Department of the Central Committee of the CPC and was the 12th committee member of All-China Youth Federation in 2015. Dr. Wang has approximately 10 years of experience in research, management and investment in upstream oil and gas industry and other energy sectors, including around 5 years of practical experience in upstream oil and gas companies. He has been in charge of IDG Capital Partners' energy investments. Prior to joining IDG Capital, Dr. Wang worked at the North America growth capital and buyout team at D. E. Shaw and Co. in New York from October 2008 to April 2011, where he has actively involved in several of its large investments in energy and insurance sectors. From September 2005 to September 2008, Dr. Wang was a Senior Researcher at ExxonMobil Research and Engineering Company’s Complex Systems Science section of the Corporate Strategic Research Department where he gained experience and knowledge in, among other things, well drilling optimisation and seismic data processing and analysis as well as co-invented two patents which relate to these two areas. He serves as Director of United Guar LLC. Dr. Wang served as a Director of Nutrinsic Corporation. He holds an M.B.A. from New York University, a Ph.D. in Mechanical Engineering from Cornell University and a Bachelor’s degree in Mechanical Engineering from Tsinghua University.

CEO Compensation
  • Jingbo's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.
  • Jingbo's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the IDG Energy Investment management team in years:

2.8
Average Tenure
46
Average Age
  • The tenure for the IDG Energy Investment management team is about average.
Management Team

Jingbo Wang

TITLE
Chairman & CEO
COMPENSATION
HK$2M
AGE
41
TENURE
2.9 yrs

Khay Kok Lee

TITLE
VP, Chief Engineer & Executive Director
COMPENSATION
HK$1M
AGE
53
TENURE
2.8 yrs

Zhihai Liu

TITLE
President
AGE
35
TENURE
2.5 yrs

Jue Tan

TITLE
CFO & Joint Company Secretary
AGE
37
TENURE
2.8 yrs

Stephen Yu

TITLE
MD of Ever Billion Engineering Ltd and MD of Tinhawk Company Ltd
AGE
67

Lawrence James Ku

TITLE
Joint Company Secretary
AGE
51
TENURE
2.9 yrs
Board of Directors Tenure

Average tenure and age of the IDG Energy Investment board of directors in years:

2.9
Average Tenure
53
Average Age
  • The average tenure for the IDG Energy Investment board of directors is less than 3 years, this suggests a new board.
Board of Directors

Jingbo Wang

TITLE
Chairman & CEO
COMPENSATION
HK$2M
AGE
41
TENURE
2.9 yrs

Khay Kok Lee

TITLE
VP, Chief Engineer & Executive Director
COMPENSATION
HK$1M
AGE
53
TENURE
2.9 yrs

David Chau

TITLE
Independent Non-Executive Director
COMPENSATION
HK$300K
AGE
55
TENURE
2.9 yrs

Aiji GE

TITLE
Independent Non-Executive Director
AGE
53
TENURE
0.8 yrs

Dongliang Lin

TITLE
Non-Executive Director
AGE
57
TENURE
2.9 yrs

Hugo Shong

TITLE
Non-Executive Director
AGE
63
TENURE
2.9 yrs

Cen Shi

TITLE
Independent Non-Executive Director
COMPENSATION
HK$300K
AGE
44
TENURE
2.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
06. Nov 18 Buy Rongsong Teng Individual 02. Nov 18 02. Nov 18 75,000,000 HK$1.00 HK$75,000,083
X
Management checks
We assess IDG Energy Investment's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. IDG Energy Investment has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

650 News

Simply Wall St News

Could The IDG Energy Investment Limited (HKG:650) Ownership Structure Tell Us Something Useful?

See our latest analysis for IDG Energy Investment SEHK:650 Ownership Summary, July 4th 2019 What Does The Institutional Ownership Tell Us About IDG Energy Investment? … Insider Ownership Of IDG Energy Investment The definition of company insiders can be subjective, and does vary between jurisdictions. … Private Company Ownership Our data indicates that Private Companies hold 38%, of the company's shares.

Simply Wall St -

A Closer Look At IDG Energy Investment Limited's (HKG:650) Uninspiring ROE

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for IDG Energy Investment: 3.2% = HK$114m ÷ HK$3.6b (Based on the trailing twelve months to September 2018.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … Does IDG Energy Investment Have A Good Return On Equity? … Conservative use of debt to boost returns is usually a good move for shareholders, though it does leave the company more exposed to interest rate rises.

Simply Wall St -

If You Had Bought IDG Energy Investment (HKG:650) Stock Five Years Ago, You Could Pocket A 79% Gain Today

For example, the IDG Energy Investment Limited (HKG:650) share price is up 79% in the last 5 years, clearly besting than the market return of around 21% (ignoring dividends). … To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).

Simply Wall St -

Could The IDG Energy Investment Limited (HKG:650) Ownership Structure Tell Us Something Useful?

A look at the shareholders of IDG Energy Investment Limited (HKG:650) can tell us which group is most powerful. … With a market capitalization of HK$7.5b, IDG Energy Investment is a decent size, so it is probably on the radar of institutional investors. … See our latest analysis for IDG Energy Investment

Simply Wall St -

Read This Before Judging IDG Energy Investment Limited's (HKG:650) ROE

By way of learning-by-doing, we'll look at ROE to gain a better understanding of IDG Energy Investment Limited (HKG:650). … Our data shows IDG Energy Investment has a return on equity of 3.2% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Should You Be Pleased About The CEO Pay At IDG Energy Investment Limited's (HKG:650)

Jingbo Wang became the CEO of IDG Energy Investment Limited (HKG:650) in 2016. … This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Jingbo Wang's Compensation Compare With Similar Sized Companies?

Simply Wall St -

What Type Of Shareholder Owns IDG Energy Investment Limited's (HKG:650)?

The big shareholder groups in IDG Energy Investment Limited (HKG:650) have power over the company. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … IDG Energy Investment isn't enormous, but it's not particularly small either.

Simply Wall St -

IDG Energy Investment Limited (HKG:650) Delivered A Weaker ROE Than Its Industry

We'll use ROE to examine IDG Energy Investment Limited (HKG:650), by way of a worked example. … That means that for every HK$1 worth of shareholders' equity, it generated HK$0.0040 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

What Does IDG Energy Investment Limited's (HKG:650) Ownership Structure Look Like?

I am going to take a deep dive into IDG Energy Investment Limited’s (HKG:650) most recent ownership structure, not a frequent subject of discussion among individual investors. … The impact of a company's ownership structure affects both its short- and long-term performance. … Therefore, it is beneficial for us to examine 650's ownership structure in more detail.

Simply Wall St -

With An ROE Of 0.40%, Has IDG Energy Investment Group Limited's (HKG:650) Management Done Well?

and want to better understand how you can grow your money by investing in IDG Energy Investment Group Limited (HKG:650). … IDG Energy Investment Group Limited’s (HKG:650) most recent return on equity was a substandard 0.40% relative to its industry performance of 10.68% over the past year. … An investor may attribute an inferior ROE to a relatively inefficient performance, and whilst this can often be the case, knowing the nuts and bolts of the ROE calculation may change that perspective and give you a deeper insight into 650's past performance

Simply Wall St -

650 Company Info

Description

IDG Energy Investment Limited, an investment holding company, engages in the energy assets investment and management activities. The company, through subsidiaries and invested portfolios, is involved in upstream oil and gas business; liquefied natural gas (LNG) liquefaction and exporting; and LNG importing, processing, and selling operations, as well as LNG logistics services. The company owns interests in upstream shale oil fields in the United States and China; LNG export terminals in the United States and Canada; and LNG receiving terminal in China. It also provides technology development and consulting services. The company was formerly known as IDG Energy Investment Group Limited and changed its name to IDG Energy Investment Limited in August 2018. The company was incorporated in 1992 and is headquartered in Central, Hong Kong. IDG Energy Investment Limited is a subsidiary of Titan Gas Technology Investment Limited.

Details
Name: IDG Energy Investment Limited
650
Exchange: SEHK
Founded: 1992
HK$6,266,111,568
6,595,906,914
Website: http://www.idgenergyinv.com
Address: IDG Energy Investment Limited
Unit 5507,
The Center,
Central,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 650 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 15. Jun 1993
DB SUT1 Ordinary Shares Deutsche Boerse AG DE EUR 15. Jun 1993
Number of employees
Current staff
Staff numbers
115
IDG Energy Investment employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/19 12:32
End of day share price update: 2019/07/19 00:00
Last estimates confirmation: 2017/06/16
Last earnings filing: 2019/06/21
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.